Phillips Edison & Co. Acquires Rio Hill Shopping Center in Charlottesville
Reuters
Nov 04
Phillips Edison & Co. Acquires Rio Hill Shopping Center in Charlottesville
Cohen & Steers Income Opportunities REIT, Inc. has acquired the Rio Hill Shopping Center in Charlottesville, Virginia, through a joint venture with Phillips Edison & Co. Inc. The 288,000 square foot open-air center is anchored by a Kroger grocery store and features additional retailers, including two concepts from TJX Companies. This marks the third acquisition between CNSREIT and Phillips Edison & Co., further expanding their portfolio of necessity-driven shopping centers.
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