Phillips Edison Expands JV With Northwestern Mutual to Acquire $377.5M Portfolio
Phillips Edison is expanding its joint venture with Northwestern Mutual, called Grocery Retail Partners I, to acquire a $377.5 million portfolio of 13 shopping centers. The venture's term was also extended.
5 million portfolio of 13 shopping centers. The joint venture, Grocery Retail Partners I, will acquire the portfolio from Phillips Edison. The venture’s term was also extended by a deca…