Phillips Edison & Company, one of the nation’s leading owner-operator of neighborhood centers, has sold Atwater Marketplace in Atwater, Calif. For an undisclosed price to a private investor.
Last week, the United States set a record for having 65 container ships waiting to be unloaded at the ports of Los Angeles and Long Beach, which is causing more strain and stress for the U.S. supply chain.
The Avenue, American Dream’s long-awaited, art-bedecked luxury wing opened September 17 with the world’s largest Hermés store and New Jersey’s only Saks Fifth Avenue among its tenants.