Cohen & Steers Income Opportunities REIT, Inc. has acquired the Rio Hill Shopping Center in Charlottesville, Virginia, through a joint venture with Phillips Edison & Co. Inc. The 288,000 square foot open-air center is anchored by a Kroger grocery store and features additional retailers, including two concepts from TJX Companies. This marks the third acquisition between CNSREIT and Phillips Edison & Co., further expanding their portfolio of necessity-driven shopping centers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips Edison & Co. Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY13769) on November 04, 2025, and is solely responsible for the information contained therein.
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