Developer Phillips Edison & Co. today announced it has acquired its second grocery-anchored retail center in Omaha, Neb.

Neither the value of the transaction nor the seller’s identity was disclosed.

The property, Deerfield Plaza, comprises 129,914 square feet and was anchored at the time of purchase by Baker’s Supermarket and Walgreens.

According to Lyn Harper, acquisitions officer at Phillips Edison, the company plans to "strengthen the position of the center in the neighborhood through new leasing and minor upgrades," and may "continue to purchase more centers similar in quality and location to Deerfield."


What’s your opinion? Leave your comments below or send a
letter to the editor.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Time is running out to secure your Connect Now tickets at the lowest price. Don't miss out on a chance to grow yourself and your business.Learn More×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription