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Phillips Edison Buys SoCal Shopping Plaza for $26M

One of the country’s largest owners of grocery-anchored plazas has acquired another retail property in Southern California’s Inland Empire region.  Phillips Edison & Company, a retail-focused real est

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Summary

One of the country’s largest owners of grocery-anchored plazas has acquired another retail property in Southern California’s Inland Empire region.

Phillips Edison & Company, a retail-focused real estate investment trust, paid about $25.

8 million for the shopping center at 312 South California Avenue in West Covina, Calif. Golden East Investors (GEI) sold the 46,786-square-foot property, […]

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