Enfield’s Stop & Shop Plaza is one of 11 U.S. shopping centers recently acquired by Ohio investor Phillips Edison-ARC Shopping Center REIT Inc.
Cincinnati-based Phillips Edison didn’t specify how much it paid individually in December for the plaza at 54 Hazard Ave., between Palomba Drive and Freshwater Boulevard.
However, it said it paid an aggregate $156 million for the portfolio, including ones in Arizona, California, Iowa, Ohio, Michigan and Indiana.
