Real estate trust buys Trader Joe’s shopping center in Templeton 

Company owns and manages 64 grocery-anchored shopping centers

Vineyard Center in Templeton. Photo from Google Maps.

–Phillips Edison Grocery Center REIT II, Inc. had announced it has acquired the 21,117 square-foot Vineyard Center in Templeton. Vineyard Center is anchored by the only Trader Joe’s between Templeton and Monterey.

Vineyard Center is located off Highway 101 at Vineyard Drive. The tenant lineup at the shopping center also includes J&R Meats, Mr. Pickles Sandwich Shop and Pier 46 Seafood.

Phillips Edison Grocery Center REIT II, Inc. is a public, non-traded, real estate investment trust that seeks to acquire and manage well-occupied grocery-anchored neighborhood shopping centers having a mix of national and regional retailers selling necessity-based goods and services, in strong demographic markets throughout the United States.

As of March 1, 2016, the company owned and managed an institutional quality retail portfolio consisting of 64 grocery-anchored shopping centers totaling 7.4 million square feet of gross leasable area.  For more information on the company, visit the company’s website at www.grocerycenterREIT2.com.

Share To Social Media

Follow this discussion

Please login here to comment with →

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Notify of

new follow-up comments

Please login here to comment with →

I allow to create an account

When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.

DisagreeAgree

Please Login With Social Media Above to Comment

1 Comment

Oldest

Newest Most Voted

Inline Feedbacks

View all comments

Donna Wintergreen

10 years ago

Who did this REIT buy the Trader Joe's center from?

0

About the author: News Staff

The news staff of the Paso Robles Daily News wrote or edited this story from local contributors and press releases. The news staff can be reached at info@pasoroblesdailynews.com.