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Phillips Edison-ARC acquires Publix-anchored center
Atlanta -- Cincinnati-based Phillips Edison–ARC Shopping Center REIT has announced the acquisition of Macland Pointe, a 79,699-sq.-ft. 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 grocers in 15 states.
Macland Pointe is 92.8% occupied and anchored by a 55,999-sq.-ft. Publix. -
Children’s Place to open at Blue Star shopping center
Watchung, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that The Children’s Place will join the tenant roster at Blue Star Shopping Center in Watchung, N.J., this spring.
Levin is the property’s managing and leasing agent.
Children’s Place leased 4,307 sq. ft. at the 419,000-sq.-ft. property, and will join other children’s retailers Toys “R” Us, Becker’s School Supplies and GameStop at the center, as well as Kohl's, ShopRite, Michaels and Marshalls, among others.