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Phillips Edison & Company Buys 200,000 SQFT Retail Property in Milton for $41MM
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Phillips Edison & Company Buys 200,000 SQFT Retail Property in Milton for $41MM
By The Registry Staff Several retail properties in Milton have traded hands. The buyer was an entity affiliated with Phillips Edison & Company, Inc., and the seller was an entity affiliated with Tourmaline Capital, according to Pierce County public records. The sales price was $41 million, or about $205 per square foot. Industry reports show the properties are part of the same retail complex and span in total around 200,000 square feet. The prop…
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