Phillips Edison & Company Acquires Center In Oregon

Phillips Edison & Company, with offices in Baltimore, Maryland, Cincinnati, Ohio and Salt Lake City, Utah, owns and manages 155 neighborhood and community shopping centers in 26 states.

Courtesy: Google Maps

(BALTIMORE, Md./PRNewswire/) - Phillips Edison & Company, a retail real estate owner, manager and developer, announced the purchase of Sandy Marketplace in Sandy, Oregon.

Sandy Marketplace is a 101,438 square foot center anchored by Hi-School Pharmacy with 16 tenants. Sandy, Oregon has a population of approximately 20,000 and is east of Portland and west of Hood. The town has a thriving business base including services for visitors to the Mt. Hood Recreation Area.

Phillips Edison & Company, with offices in Baltimore, Maryland, Cincinnati, Ohio and Salt Lake City, Utah, owns and manages 155 neighborhood and community shopping centers in 26 states.

Specializing in the acquisition and redevelopment of under-performing grocery anchored shopping centers, Phillips Edison & Company is a fully integrated real estate company that acquires, develops, redevelops, leases and manages its retail real estate portfolio.

For general and leasing information for Phillips Edison and Company, please view the website at phillipsedison.com/.