HOUSTON – August 25, 2014 – NewQuest Investment Company is pleased to announce it has purchased the Phillips Edison Fund Portfolio, a 1,350,735 square foot, 9 property retail portfolio, located in 6 states.
Shopping centers included in the portfolio are as follows:
| Shopping Center | Location | Anchor |
| Village Center | Phoenix, AZ | Target (Ground Lease) |
| Prairie Point | Aurora (Chicago), IL | Mariano’s |
| Glidden Crossing | DeKalb, IL | Schnuck’s |
| Plaza North | Omaha, NE | Omaha, NE |
| Deerfield Place | Omaha, NE | Dollar Tree |
| Silver State | Sparks, NV | Ross, Planet Fitness |
| Marketplace | Independence (Kansas City), MO | Price Chopper, Petco, Big Lots |
| Hermiston Plaza | Hermiston, OR | Safeway, Big Lots, Bealls |
| Johnson Creek | Happy Valley, OR | Trader Joe’s |
The purchase is the fifth for NewQuest Investment Company since August, 2013, bringing its acquisition totals to more than 2 million square feet and more than $245 million in value. NewQuest Investment Company, in conjunction with institutional partners, seeks value-add grocery-anchored and power center retail in top 60 markets, select college towns and resort communities.
NewQuest Investment Company is the investment arm of NewQuest Properties, a full-service retail development, leasing and management company with more than 60 assets totaling more than $1 billion. For more information about NewQuest Investment Company, or NewQuest Properties, please visit our websites – www.newquestinvestmentcompany.com and www.newquest.com.
About NewQuest Properties
NewQuest Properties is a market leader in retail leasing, development, land brokerage, investment sales and tenant representation headquartered in Houston with a portfolio exceeding $1 billion in assets including 60 retail centers throughout Texas. NewQuest Properties focuses on developing value-added, grocery anchored retail centers throughout Texas and provides third party leasing, tenant representation, property management, construction and land brokerage. NewQuest Properties has a proven track record of meeting the needs of a diverse client roster managing more than 12 million square feet of leased retail space and projects from Corpus Christi to Dallas / Ft. Worth. Its in-house team coordinates every aspect of retail center development, acquisition, financing, architectural design and property management.