Phillips Edison Grocery Center REIT III, a joint venture of Phillips Edison and Griffin Capital, has acquired its first property this year, giving it six in its portfolio.
San Francisco brokerage DeRose & Appelbaum have added real estate veterans Pam Mendelsohn and Sarah Brett Schwartz as partners, and have rebranded as Maven as it continues to expand its retail business.
Ocean State Job Lot has purchased six former Toys “R” Us locations and has agreed to a long-term lease at a seventh in New York, New Hampshire, Massachusetts, and Pennsylvania--a new market for the discounter.