K.C. Bills, who joined Phillips Edison & Company just two years ago, has been chosen to take the lead on the sourcing and development of the nationwide operator of grocery-anchored centers.
DLC Management, a leading owner and operator of open-air shopping centers, has purchased two centers in Frederick, Md., a town situated within 40 miles of both Baltimore and Washington, D.C.
Continued weakness at Victoria’s Secret took a toll on L Brands’ second-quarter performance as both profit and sales declined. But the company still managed to beat the Street’s earnings estimates.