Press Release

Phillips Edison & Company Signs New Lease with Dollar Tree in Texas

Company Release - 8/24/2017 8:30 AM ET

Company Adds National Value-Based Retailer to its Portfolio at Quail Valley Shopping Center in Greater Houston’s Missouri City Market

CINCINNATI--(BUSINESS WIRE)-- Phillips Edison & Company (the “Company”) announced today it has executed a lease with national retailer Dollar Tree at Quail Valley Shopping Center in Missouri City, Texas. Dollar Tree, a leading discount variety store, will occupy 10,000 square feet of retail space in the shopping center.

“We are excited to add Dollar Tree, a well-regarded national retailer to Quail Valley,” says Phillips Edison Regional Vice President of Leasing, Vasili Lyhnakis.

Quail Valley Shopping Center features 118,432 square feet of retail space and is conveniently located between the highly trafficked Fort Bend Parkway and Texas State Highway 6. Dollar Tree plans to join the greater-Houston shopping center’s anchor tenant Cox’s Foodarama in the fourth quarter of 2017.

Dollar Tree operates over 14,000 stores throughout the United States. Dollar Tree is headquartered in Chesapeake, Virginia and was founded in 1991.

About Phillips Edison & Company (PECO)

Since 1991, Phillips Edison & Company has focused on the grocery-anchored shopping center sector. The Company has a fully integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience. Led by a veteran management team, Phillips Edison’s operating platform provides retail services including acquisition, redevelopment, leasing and management of grocery-anchored retail centers. The Company’s portfolio currently includes a national footprint of retail properties. The Company has corporate offices in Cincinnati, Salt Lake City, New York City and Atlanta. For more information, please visit www.phillipsedison.com or connect with us on LinkedIn.

Phillips Edison & Company
Cherilyn Megill, 801-415-4373
cmegill@phillipsedison.com
or
ICR
Angela Bonnici, 646-277-1276
PECOPR@icrinc.com

Source: Phillips Edison & Company