LYCOS RETRIEVER 
Phillips: Phillips Edison
built 226 days ago
CINCINNATI, Oct. 31 /PRNewswire/ -- Phillips Edison & Company today announced that it has completed a $100 million unsecured revolving credit facility. The facility is led by Wells Fargo Bank as the Lead Arranger and Administrative Agent, and KeyBank National Association and National City Bank as the Co-Documentation Agents.\"In this challenging credit environment, we are pleased with the strong support and confidence that Wells Fargo, KeyBank and National City have shown in our growth strategy,\" noted Raymond D. Martz, Chief Financial Officer of Phillips Edison & Company. \"This financing will allow us to continue to capitalize on opportunities in the market.\"\"We are thrilled to have agented Phillips Edison's credit facility and look forward to continuing to provide quality financial solutions to help them grow,\" said Erin P. Peart, Senior Vice President at Wells Fargo Bank.Phillips Edison & Company specializes in the acquisition, redevelopment, leasing, and management of anchored neighborhood and community shopping centers. The Company's portfolio includes 221 properties, totaling over 24 million square feet in 34 states. The privately owned, fully integrated real estate company was started in 1991 and has corporate offices in Baltimore, Cincinnati and Salt Lake City. Additional information about Phillips Edison & Company is available at www.phillipsedison.comCONTACT: Pat Syntax of Phillips Edison & Company, +1-410-649-1203,Web site: http://www.phillipsedison.com/
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CINCINNATI, Aug. 24 /PRNewswire/ -- Phillips Edison & Company announced the acquisition of two shopping centers from Developers Diversified Realty Corporation (DDR), totaling 193,295 square feet of retail space in New York and Florida. The properties are part of Phillips Edison's purchase of a portfolio of 63 DDR properties, totaling 5.7 million square feet. The first transaction, completed June 29, included 52 properties. This week's closing brings the total to 60, and closing on the three remaining properties is expected in the near future.
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Phillips Edison & Company, with offices in Baltimore, Maryland, Cincinnati, Ohio and Salt Lake City, Utah, owns and manages 225 neighborhood and community shopping centers totaling over 24 million square feet in 35 states. Specializing in the acquisition and redevelopment of under-performing grocery anchored shopping centers, Phillips Edison & Company is a fully integrated real estate company that acquires, develops, redevelops, leases and manages its retail real estate portfolio. For general and leasing information for Phillips Edison and Company, please view the website at www.phillipsedison.com .
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BALTIMORE, Jan. 14 /PRNewswire/ -- Phillips Edison & Company, a retail real estate owner, manager and developer, announced the purchase of Commerce Square in Brownwood, Texas. Commerce Square is a 167,048 square foot community shopping center anchored by Goody's and Staples.
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