MIAMI—After a busy 2013, Phillips Edison–ARC Shopping Center REIT hasn't slowed down on the retail acquisition front. The industry behemoth has snapped up 15 grocery-anchored shopping centers since the end of last year.

The total price for all of the retail acquisitions combined is $261 million. The deals add about 1.6 million square feet to the company's shopping center portfolio. The company's portfolio includes interest in 98 shopping centers anchored by 31 leading grocers across 23 states.

“We are very pleased to acquire these grocery-anchored shopping centers, as they further diversify our portfolio by geography, grocery anchor, industry, lease expirations and credit,” says Jeff Edison, chairman and CEO of Phillips. “Our acquisitions velocity continues to grow as our acquisitions team harvests opportunities in our pipeline.”