Phillips Edison & Co., a retail real estate owner, manager and developer, announced the purchase of New Market Madison Shopping Center in Madison, N.C.
The value of the transaction was not disclosed.
New Market Madison is a 169,343-square-foot community shopping center, anchored by a Big K-Mart.
The property was approximately 65 percent occupied at the time of purchase.
Phillips Edison & Co. has offices in Baltimore, Maryland, Cincinnati, Ohio and Salt Lake City, Utah. The company owns and manages 222 neighborhood and community shopping centers totaling over 24 million square feet in 34 states.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!