Phillips Edison Acquires Retail Center in Lehigh Valley for $32.3 Million

Giant Foods Supermarket and Marshalls anchor Palmer Town Centre in Easton, Pennsylvania. (Image courtesy of Phillips Edison) Giant Foods Supermarket and Marshalls anchor Palmer Town Centre in Easton, Pennsylvania. (Image courtesy of Phillips Edison)

Easton, Pa. — Phillips Edison has acquired Palmer Town Centre, a shopping center located in Easton, for $32.3 million.

Anchored by Giant Foods Supermarket and Marshalls, the property offers 153,085 square feet of retail space. Colliers International represented the seller, Los Angeles-based The Festival Cos., in the transaction.

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