Phillips Edison REIT expands grocery-anchored portfolio

Cincinnati - Phillips Edison Grocery Center REIT II Inc. has acquired two grocery-anchored shopping centers, expanding the company's portfolio in Colorado. Meadows on the Parkway is a 216,437-sq.-ft. grocery store-anchored shopping center in Boulder, Colorado, The center is anchored by Safeway and also features national tenants Subway, Regus, Great Clips, Michaels, Anytime Fitness and Fast Signs.



Broadlands Marketplace is a 103,883-sq.-ft, grocery store-anchored shopping center in Broomfield, Colorado, a suburb of Denver. The center is anchored by Safeway and also features national tenants Great Clips, Edward Jones and Subway.