PECO - Mergers and acquisitions

NEW YORK, June 2, 2026 /PRNewswire/ -- Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT") announced today its acquisition of Oracle Crossings, a 266,000‑square‑foot, grocery‑anchored open‑air shopping center located in the Oro Valley submarket of Tucson, Arizona. The acquisition was completed through CNSREIT's programmatic joint venture with Phillips Edison & Company (NASDAQ:PECO, PECO", )), a publicly traded owner and operator of grocery‑anchored U.S. shopping centers. Oracle Crossings is 96% leased and anchored by Sprouts Farmers Market and HomeGoods. The center benefits from a highly visible location at the intersection of Oracle Road and Magee Road, which sees 66,000 vehicles per

NEW YORK, Dec. 8, 2025 /PRNewswire/ -- Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT") announced today its acquisition of Springs Plaza, a grocery-anchored open-air shopping center in Bonita Springs, Fla. The acquisition was made through a programmatic joint venture with Phillips Edison & Company (NASDAQ:PECO, PECO", )), a publicly-traded owner and operator of grocery-anchored U.S. neighborhood shopping centers. This is CNSREIT's fourth acquisition with PECO and eighth open-air shopping center in the portfolio. Springs Plaza is a 195,000 square foot grocery center located on the coast of Southwest Florida. It is 99% occupied and includes major tenants such as ALDI, Ross, Ollie's,

NEW YORK, Nov. 4, 2025 /PRNewswire/ -- Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT") announced today its acquisition of Rio Hill Shopping Center, a grocery-anchored open-air shopping center in the Charlottesville, VA market. The acquisition was made through a programmatic joint venture with Phillips Edison & Company (NASDAQ:PECO, PECO", )), a publicly-traded owner and operator of grocery-anchored U.S. neighborhood shopping centers. This is CNSREIT's third acquisition with PECO and seventh open-air shopping center in the portfolio. Rio Hill Shopping Center is a 288,000 square foot open-air shopping center. Located five miles northeast of downtown Charlottesville, the property is

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT") announced today its acquisition of Oak Grove Shoppes, a grocery-anchored shopping center in Orlando, Florida, with Phillips Edison & Company (NASDAQ:PECO, PECO", )), a publicly-traded owner and operator of grocery-anchored shopping centers in the U.S. This is the second acquisition in a programmatic joint venture targeting $300 million in equity and owned 80% by CNSREIT and 20% by PECO. The joint venture is focused on acquiring open-air, grocery-anchored shopping centers and leverages PECO's deep sector expertise. Oak Grove Shoppes is a 142,000 square foot grocery-anchored, open-air shopping c

CINCINNATI, July 25, 2024 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO"), one of the nation's largest owners and operators of grocery-anchored neighborhood shopping centers, today announced its acquisition of Des Peres Corners, a grocery-anchored shopping center in Des Peres, Missouri, with Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT"). The acquisition was made through a programmatic joint venture targeting $300 million in equity and owned 80% by CNSREIT and 20% by PECO. The joint venture will focus on acquiring open-air, grocery-anchored shopping centers and will leverage PECO's deep sector expertise. Des Peres Corners is an approximately 121,000

CINNCINATI, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO" or the "Company"),  one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers, today announced that it has acquired Lake Pointe Market, a 96.7%-occupied, 40,600-square-foot grocery-anchored neighborhood shopping center located in Rowlett, Texas. The center is shadow anchored by a Tom Thumb, the #1 grocer by sales in its three-mile trade area and one of the state's top-ranking grocers. The acquisition marks PECO's 12th shopping center in the greater Dallas/Fort Worth Metroplex. Lake Pointe Market's dynamic merchandising mix features a blend of leadi