ORLANDO—After entering the Space Coast earlier this month with a three-property portfolio of grocery-anchored neighborhood shopping centers, Phillips Edison Grocery Center REIT II acquired another Florida retail asset.

Phillips snapped up Cocoa Commons is a 90,116 square foot grocery store-anchored shopping center in Cocoa, FL. That's about 45 miles east of Orlando.

Publix, the number one grocer by market share in the Orlando area, anchors the retail center. Anytime Fitness, Beef 'O' Brady's, GNC, Sally Beauty Supply, Sprint and Subway are also among the tenants.

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