PHILLIPS EDISON-ARC GROCERY BUY KIPLING MARKETPLACE IN LITTLETON

LITTLETON, COLO. — Phillips Edison-ARC Grocery Center REIT II has acquired Kipling Marketplace, a 90,124-square-foot shopping center in Littleton, for an undisclosed sum. The center is located at 5005 – 5075 South Kipling Street.

Kipling Marketplace is anchored by Safeway. Other notable tenants include Sylvan Learning, Dairy Queen, Cost Cutters and H&R Block.