Phillips Edison-ARC Shopping Center REIT buys retail portfolio

06/25/2014 | Shopping Center Business

The 93%-leased Sunshine State Portfolio, five grocery-anchored shopping centers in Florida totaling 347,478 square feet, has traded for $64 million. Phillips Edison-ARC Shopping Center REIT bought the properties, three of which are anchored by Publix and two by Winn-Dixie.

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