Glendale shopping center acquired by Phillips Edison

Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced it has acquired two grocery-anchored shopping centers, expanding the Company’s portfolio in Arizona and Florida. 51st and Olive Square is an 88,225 square foot grocery store-anchored shopping center in Glendale, Arizona, a northwest suburb of Phoenix. The center is anchored by Fry’s Food and Drug grocery…