Phillips Edison Grocery Center REIT III Inc. (“we,” the “Company,” “our,” or “us”) was formed as a Maryland corporation on April 15, 2016, and elected to be taxed as a real estate investment trust (“REIT”) for U.S. federal income tax purposes. We intend to invest primarily in well-occupied, grocery-anchored neighborhood and community shopping centers primarily leased to a mix of creditworthy national and regional retailers selling necessity-based goods and services in strong demographic markets throughout the United States. In addition, we may invest in other retail properties including power and lifestyle shopping centers, multi-tenant shopping centers, free-standing single-tenant retail properties, and other real estate and real estate-related loans and securities depending on real estate market conditions and investment opportunities. We completed a private placement offering of shares of Class A common stock on a “reasonable best efforts” basis to accredited investors and ceased offering Class A shares in the private offering during the first quarter of 2018. During the private placement offering, we raised $57.7 million in gross offering proceeds from the issuance of 5.9 million Class A shares including amounts of distributions reinvested through the distribution reinvestment plan (the “DRIP”).
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Latest filings (excl ownership)
15-15D
Suspension of duty to report
1 Nov 19
8-K
Termination of a Material Definitive Agreement
31 Oct 19
425
Business combination disclosure
19 Sep 19
8-K
Entry into a Material Definitive Agreement
5 Sep 19
425
Business combination disclosure
5 Sep 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
8-K
Submission of Matters to a Vote of Security Holders
14 Jun 19
424B3
Prospectus supplement
14 Jun 19
424B3
Prospectus supplement
9 May 19
10-Q
2019 Q1
Quarterly report
9 May 19
Latest ownership filings
No filings