CLEVELAND— The Cleveland-based company is in the midst of a major expansion and has now added four veterans to its affordable housing group.

CINCINNATI—In this <B>UPDATE</B>, Phillips Edison discusses their recent decision to split the company into two standalone units.

INDIANAPOLIS—This is the third major lease recently signed at the Gateway Industrial Park.

CHICAGO—The new location in the West Loop will feature 46 offices on the first floor of the historic Daniel Burnham building.

CHICAGO—Brand-name drug stores like Walgreens and CVS are so popular with investors that even ones in tertiary markets attract multiple buyers.

CHICAGO—User demand has pushed down vacancy rates in almost every US market and swelled the development pipeline in a select group of regions.

CLEVELAND—The partners now have a portfolio of 35 retail assets with about 4.8 million square feet of owned gross leasable area.

CHICAGO—The partners say the building adjacent to the Red line has better transportation options than River North and has begun to attract creative office users.