Phillips Edison Grocery Center REIT III

Phillips Edison Grocery Center REIT III (PECO III) has announced the acquisition of Ashburn Farm Market Center (Ashburn Farm).

The property is a 92,000-square-foot shopping center in Ashburn, Virginia.

PECO III is a REIT focused on acquiring, and owning grocery-anchored shopping centers.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.