Cohen & Steers Income Opportunities REIT, Inc. has acquired Springs Plaza, a 195,000 square foot grocery-anchored open-air shopping center in Bonita Springs, Florida, through a joint venture with Phillips Edison & Co. Inc. The center, anchored by ALDI and featuring tenants such as Ross and Ollie's, is 99% occupied and located in a rapidly growing area between Naples and Fort Myers. This marks the fourth acquisition between CNSREIT and Phillips Edison & Co., as they continue to focus on high-quality, necessity-driven shopping centers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips Edison & Co. Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY40327) on December 08, 2025, and is solely responsible for the information contained therein.