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kiplingpressrelease.htm
KIPLING PRESS RELEASE
Kipling Press Release
CONTACTS
From: Matt Goldstein
For: Emily Leverone
Director of Investor Relations
DDCworks
Phillips Edison - ARC Shopping Center REIT Inc.
mgoldstein@ddcworks.com
eleverone@phillipsedison.com
Ph: (484) 342-3600
Ph: (513) 746-2595
FOR IMMEDIATE RELEASE
Phillips Edison-ARC Grocery Center REIT II, Inc. Acquires
Grocery-anchored Shopping Center in Colorado
CINCINNATI, OH, August 12, 2014 - Phillips Edison-ARC Grocery Center REIT II, Inc. (the "Company") today announced the acquisition of Kipling Marketplace, adding a property in Colorado to the Company's portfolio.
Kipling Marketplace is a 90,124 square foot grocery store-anchored shopping center located in Littleton, Colorado, part of the Denver metropolitan statistical area. Kipling Marketplace is anchored by a Safeway grocery store, the number two grocer in the Denver area. Other national and regional tenants at the center include Sylvan Learning, Dairy Queen, Cost Cutters, and H&R Block.
The Company also has a robust acquisitions pipeline managed by its national, in-house acquisitions team to continue to source high quality grocery-anchored shopping centers diversified by grocer, geography, tenancy, lease expirations and creditworthiness.
About Phillips Edison - ARC Grocery Center REIT II, Inc.
Phillips Edison-ARC Grocery Center REIT II, 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 Company is co-sponsored by two industry leaders: Phillips Edison & Company, who has acquired over $3.25 billion in shopping centers throughout the United States, and AR Capital, LLC, a real estate investment program sponsor dedicated to governance best practices. For more information on the Company, please visit the website at www.grocerycenterREIT2.com.
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EX - 99 . 1 2 kiplingpressrelease . htm KIPLING PRESS RELEASE Kipling Press Release CONTACTS From : Matt Goldstein For : Emily Leverone Director of Investor Relations DDCworks Phillips Edison - ARC Shopping Center REIT Inc . mgoldstein@ddcworks.com eleverone@phillipsedison.com Ph : ( 484 ) 342 - 3600 Ph : ( 513 ) 746 - 2595 FOR IMMEDIATE RELEASE Phillips Edison - ARC Grocery Center REIT II , Inc . Acquires Grocery - anchored Shopping Center in Colorado CINCINNATI , OH , August 12 , 2014 - Phillips Edison - ARC Grocery Center REIT II , Inc . ( the " Company " ) today announced the acquisition of Kipling Marketplace , adding a property in Colorado to the Company 's portfolio . Kipling Marketplace is a 90,124 square foot grocery store - anchored shopping center located in Littleton , Colorado , part of the Denver metropolitan statistical area . Kipling Marketplace is anchored by a Safeway grocery store , the number two grocer in the Denver area . Other national and regional tenants at the center include Sylvan Learning , Dairy Queen , Cost Cutters , and H & R Block . The Company also has a robust acquisitions pipeline managed by its national , in - house acquisitions team to continue to source high quality grocery - anchored shopping centers diversified by grocer , geography , tenancy , lease expirations and creditworthiness . About Phillips Edison - ARC Grocery Center REIT II , Inc . Phillips Edison - ARC Grocery Center REIT II , 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 Company is co - sponsored by two industry leaders : Phillips Edison & Company , who has acquired over $ 3.25 billion in shopping centers throughout the United States , and AR Capital , LLC , a real estate investment program sponsor dedicated to governance best practices . For more information on the Company , please visit the website at www.grocerycenterREIT2.com . # # #