2018 Press Releases

November 14, 2018

Phillips Edison Grocery Center REIT III Appoints Toan Huynh and Mark McDade to Board of Directors

“Toan’s wide-ranging experience with innovative technologies will be vital as we work closely with leading grocers seeking to implement and expand omnichannel sales strategies,” said Jeff Edison, Chairman and Chief Executive Officer of Phillips Edison Grocery Center REIT III. “Creating a collaborative tenant environment can produce an improved experience for customers, which we believe will lead to increased foot traffic and sales at our centers and ultimately build additional value in our growing portfolio.”

November 12, 2018

Phillips Edison Grocery Center REIT III and Northwestern Mutual Enter into Joint Venture

Under the terms of GRP II, Northwestern Mutual will acquire a 90% interest in the three-center portfolio which is currently valued at $46.5 million. PECO III will maintain a 10% ownership in the portfolio while its sponsor and manager, Phillips Edison & Company, Inc. (“PECO”), will provide asset management and property management services for the joint venture. PECO III intends to deploy the proceeds from GRP II to further expand its growing portfolio of grocery-anchored centers.

May 09, 2018

Phillips Edison Grocery Center REIT III Initial Public Offering Declared Effective by U.S. Securities and Exchange Commission

PECO III primarily invests and will continue to invest in well-occupied grocery-anchored neighborhood and community shopping centers leased to a mix of national and regional credit-worthy tenants providing necessity-based goods and services in strong demographic markets throughout the United States.

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The Phillips Edison Grocery Center REIT III, Inc. website is available for use subject to its Terms and Conditions and our Privacy Policy. Please click on the highlighted terms to review these. To review a summary of the risk factors related to an investment in the Phillips Edison Grocery Center REIT III, Inc. program click here.

This material must be read in conjunction with the applicable prospectus in order to understand all the implications and risks of any offering of securities to which the material relates. If you have not previously reviewed a prospectus, click here. Otherwise, to proceed, agree to the Terms and Conditions and Privacy Policy of this website.