Phillips Edison & Co. acquired Currier Square, a 131,027-square-foot shopping center in Oroville, Calif., for an undisclosed price.

At the time of purchase, Currier Square was anchored by Raley’s, a supermarket chain.

“… We see a great deal of upside in Currier Square through a concentrated and focused repositioning and redevelopment of this underutilized shopping center,” said John Bessey, vice president of acquisitions for Phillips Edison.

Phillips Edison & Co. is a retail real estate owner, manager and developer operating in 25 states.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top