EX-99
2
8KAMaclandPressReleaseExh991.htm
PRESS RELEASE
CONTACTS
From:
Tony DeFazio
For:
Jennifer Weingartner
Director
of Investor Relations
Diccicco
Battista Communications
Phillips
Edison - ARC Shopping Center REIT Inc.
tdefazio@dbcworks.com
jweingartner@phillipsedison.com
Ph:
(484) 342-3600
Ph:
(513) 619-5058
FOR
IMMEDIATE RELEASE
Phillips Edison-ARC Shopping
Center REIT Inc. Acquires 79,699 Square Foot Publix Anchored Shopping Center in
the Greater Atlanta, Georgia Metro Area
CINCINNATI,
OH, February 19, 2013 -
Phillips
Edison-ARC Shopping Center REIT Inc. (the "Company")
today announced the acquisition of Macland Pointe, a 79,699 square foot
shopping center anchored by a Publix grocery store and located in the Greater
Atlanta, Georgia Metro Area. The acquisition of Macland Pointe brings the
Company's total portfolio to 34 properties anchored by 13 leading grocers in 15
states, with an aggregate purchase price of approximately $418.8 million.
The Company is a public non-traded REIT focused on the acquisition
and management of well-occupied grocery-anchored neighborhood shopping centers
throughout the United States.
Macland Pointe is 92.8 percent occupied and anchored by a 55,999
square foot Publix grocery store. Publix is the No. 1 grocer by market share in
the Atlanta market. When combined with the Publix lease, 64 percent of the
rents within the shopping center come from national tenants.
About Phillips Edison - ARC Shopping Center REIT Inc.
Phillips Edison-ARC Shopping Center REIT Inc. is a public
non-traded REIT that seeks to acquire and manage well-occupied grocery-anchored
neighborhood shopping centers having a mix of national and regional retailers
selling necessity-based goods and services, in strong demographic markets
throughout the United States. The REIT is co-sponsored by two industry
leaders: Phillips Edison & Company, who has acquired over $1.8 billion in
shopping centers throughout the United States, and AR Capital, LLC, a real
estate investment program sponsor dedicated to governance best practices. As
of February 19, 2013, Phillips Edison-ARC owned, directly or indirectly through
a joint venture in which it has a controlling interest, and managed an
institutional quality retail portfolio consisting of 34 grocery-anchored
shopping centers totaling 3,424,798 square feet. For more information on the
company, please visit the website at
www.phillipsedison-arc.com
.
###

EX - 99 2 8KAMaclandPressReleaseExh991 . htm PRESS RELEASE CONTACTS From : Tony DeFazio For : Jennifer Weingartner Director of Investor Relations Diccicco Battista Communications Phillips Edison - ARC Shopping Center REIT Inc . tdefazio@dbcworks.com jweingartner@phillipsedison.com Ph : ( 484 ) 342 - 3600 Ph : ( 513 ) 619 - 5058 FOR IMMEDIATE RELEASE Phillips Edison - ARC Shopping Center REIT Inc . Acquires 79,699 Square Foot Publix Anchored Shopping Center in the Greater Atlanta , Georgia Metro Area CINCINNATI , OH , February 19 , 2013 - Phillips Edison - ARC Shopping Center REIT Inc . ( the " Company " ) today announced the acquisition of Macland Pointe , a 79,699 square foot shopping center anchored by a Publix grocery store and located in the Greater Atlanta , Georgia Metro Area . The acquisition of Macland Pointe brings the Company 's total portfolio to 34 properties anchored by 13 leading grocers in 15 states , with an aggregate purchase price of approximately $ 418.8 million . The Company is a public non - traded REIT focused on the acquisition and management of well - occupied grocery - anchored neighborhood shopping centers throughout the United States . Macland Pointe is 92 . 8 percent occupied and anchored by a 55,999 square foot Publix grocery store . Publix is the No . 1 grocer by market share in the Atlanta market . When combined with the Publix lease , 64 percent of the rents within the shopping center come from national tenants . About Phillips Edison - ARC Shopping Center REIT Inc . Phillips Edison - ARC Shopping Center REIT Inc . is a public non - traded REIT that seeks to acquire and manage well - occupied grocery - anchored neighborhood shopping centers having a mix of national and regional retailers selling necessity - based goods and services , in strong demographic markets throughout the United States . The REIT is co - sponsored by two industry leaders : Phillips Edison & Company , who has acquired over $ 1.8 billion in shopping centers throughout the United States , and AR Capital , LLC , a real estate investment program sponsor dedicated to governance best practices . As of February 19 , 2013 , Phillips Edison - ARC owned , directly or indirectly through a joint venture in which it has a controlling interest , and managed an institutional quality retail portfolio consisting of 34 grocery - anchored shopping centers totaling 3,424,798 square feet . For more information on the company , please visit the website at www.phillipsedison-arc.com . # # #