DENVER—Phillips Edison Grocery Center REIT II, Inc. has acquired two grocery-anchored shopping centers, expanding the company's portfolio in Colorado.

Meadows on the Parkway is a 216,437 square foot grocery store-anchored shopping center in Boulder, home to the University of Colorado, the state's largest university. The center is anchored by Safeway, the number two grocer in Boulder by market share. The center also features national tenants Subway, Regus, Great Clips, Michaels, Anytime Fitness and Fast Signs.

Broadlands Marketplace is a 103,883 square foot grocery store-anchored shopping center in Broomfield, a suburb of Denver. The center is also anchored by Safeway, and features national tenants Great Clips, Edward Jones and Subway.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.