CINCINNATI, Dec. 11, 2014 /PRNewswire/ -- Phillips Edison Grocery Center REIT II, Inc. (the "Company") today announced the acquisition of Spivey Junction, expanding the Company's portfolio in the state of Georgia.
Spivey Junction is an 81,475 square foot grocery store-anchored shopping center in Stockbridge, Georgia, a suburb of Atlanta. Spivey Junction is anchored by Kroger, the number one grocer by market share in the Atlanta metropolitan statistical area, and features a fuel center. Other national and regional tenants at the center include Great Clips, Workout Anytime, Domino's Pizza, Subway, Goodwill and Miracle Ear.
About Phillips Edison Grocery Center REIT II, Inc.
Phillips Edison Grocery Center REIT II, Inc. is a public non-traded real estate investment trust that seeks to acquire and manage well-occupied grocery-anchored neighborhood shopping centers having a mix of national and regional retailers selling necessity-based goods and services, in strong demographic markets throughout the United States. As of December 9, 2014, the Company owned and managed an institutional quality retail portfolio consisting of 17 grocery-anchored shopping centers totaling 1.9 million square feet. For more information on the Company, please visit the website at www.grocerycenterREIT2.com.
Logo - http://photos.prnewswire.com/prnh/20141210/163791LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/phillips-edison-grocery-center-reit-ii-inc-acquires-grocery-anchored-shopping-center-in-georgia-300008332.html
SOURCE Phillips Edison Grocery Center REIT II, Inc.
Share this article