Designed to complement the Whole Foods Market brand by bringing fresh, healthy foods to a broader audience with a streamlined, quality-meets-value shopping experience, 365 by Whole Foods Market will feature a curated mix of products that adhere to the company’s industry-leading quality standards in an environment that’s fun and convenient for shoppers.
“When we began work on this project, our goal was to attract the best new tenants and brands to the Greater Cincinnati region,” said David Birdsall, President-Strategic Investment Funds at PECO Real Estate Partners, the developer of The Kenwood Collection project. “We are very excited to welcome 365 by Whole Foods Market as another destination retailer for The Kenwood Collection.”
365 by Whole Foods has leased 30,000 square feet of space in The Kenwood Collection and is slated to open in the first quarter of 2017.
The Kenwood Collection is one of the premier mixed-used developments in the Midwest, featuring lifestyle shopping, dining and services across 260,000 square feet of retail space with a 2,300-space parking garage as well as a 250,000-square-foot Class-A office high-rise known as The Tower at The Kenwood Collection. Current retail tenants include Crate & Barrel, The Container Store, Mitchell’s Salon & Day Spa and the region’s first Mitchell Gold-Bob Williams Signature Store. The Tower’s office tenants include The New York Life Insurance Company, Assured Neace Lukens Insurance, Unlimited Systems, Ameriprise Financial, PLK Communities, Bellwether Enterprise, Partners Specialty Group and Oppenheimer & Co.
PREP has incorporated Phillips Edison & Company’s former development and strategic retail divisions and will focus on the acquisition, repositioning and management of power and lifestyle centers, enclosed malls, mixed-use retail projects and single-tenant developments. PREP is a fully integrated real estate operating and asset management company. The company has expertise in every discipline of retail shopping center operation and management. Through the execution of a focused reinvestment strategy, PREP identifies optimal target locations and leverages its management team’s long-standing relationships with brokers, property owners and retail tenants to identify and capitalize on development and redevelopment opportunities. For more information about PREP, please visit www.preppg.com.
Contact:
Patrick Crowley
859-462-4245
pcrowley@strategicadvisersllc.com
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CINCINNATI – September 30, 2014 – The final steel beam has been laid into place at The Kenwood Collection, a high-profile mixed-used office and retail development under construction along Interstate 71 in Cincinnati’s northern suburbs. A Topping Out Ceremony was held today, Tuesday, Sept. 30 to commemorate the milestone event. Total Retail Solutions, a division of Phillips Edison & Company, is developing the project. Cincinnati-based Messer Construction is the project’s general contractor.
“Today we celebrate a milestone for The Kenwood Collection, a tremendous office building fused with an upscale lifestyle center that will feature destination and national tenants that have long searched for a place in the Kenwood market,” said David Birdsall, president of Phillips Edison & Company’s Total Retail Solutions.
Adjacent to Kenwood Towne Centre, one of the country’s most successful enclosed malls, The Collection will consist of approximately 300,000 leasable square feet of upscale shopping, dining and services, over 255,000 square feet of Class A office space, and a 2,300-car fully covered parking garage. The top floor covers 32,000-square-feet. It is located in Sycamore Township, a Cincinnati suburb.
Three tenants – Neace Lukens Insurance, Unlimited Systems and PLK Communities – have signed leases for the office portion of The Collection, which is scheduled to open in the fall of 2015.
Birdsall called the The Kenwood Collection “ground zero” for retail in the region drawing shoppers from as far away as Dayton, Ohio, and Lexington, Kentucky. “The Kenwood Collection is the best piece of real estate in the area,” he said. Current retail tenants include Crate & Barrel, The Container Store and Mitchell’s Salon & Day Spa.
Phillips Edison & Company’s Strategic Investment Fund purchased The Kenwood Collection – formerly known as Kenwood Towne Place – in July 2012 from a bank-lending group led by Bank of America.
Phillips Edison & Company offers a complete range of retail solutions for investors and retailers. The Company has an operating platform designed to optimize property value and consistently deliver a great shopping experience. Phillips Edison provides retail services including development, redevelopment, leasing and management of retail centers. Established in 1991, the company’s portfolio currently includes a national footprint of retail properties. The Company has corporate offices in Cincinnati, Salt Lake City, New York City and Atlanta. For more information, please visit www.phillipsedison.com or connect with us on LinkedIn.
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CINCINNATI, OH. May 12, 2014 – Phillips Edison & Company (“PECO”), a fully integrated retail real estate company with a portfolio of more than 31 million square feet of shopping centers across the country, announced today that it has reached a lease agreement with Cincinnati-based healthcare technology company, Unlimited Systems, to occupy the top floor of The Kenwood Collection (“The Collection”).
Adjacent to Kenwood Towne Centre, one of the country’s most successful enclosed malls, The Collection consists of approximately 310,000 leasable square feet of upscale shopping, dining and services, over 240,000 square feet of Class A office space, and a 2,300-car fully covered parking garage.
“We are extremely pleased to welcome Unlimited Systems to our building which will offer the most prestigious Class A office address in the entire Cincinnati region. This is an important deal because it represents a commitment from a well-respected growth company that understands the competitive advantage of locating at such a premiere project,” said David Birdsall, president of Phillips Edison’s Total Retail Solutions division. “We will continue to be judicious in our selection of tenants so they complement our vision of creating the finest collection of office and retail tenants in the Midwest.”
“The stature and visibility of The Kenwood Collection aligns well with Unlimited’s goals for our corporate headquarters as we enter our second decade based in Cincinnati,” said Brian J. Gockerman, Managing Director of Unlimited Systems. “In addition to a premium location and amenities for our professional staff, we look forward to hosting clients from across our national customer roster at this landmark location.”
Since 2003, Unlimited Systems has been a committed supplier of software products and technology for the healthcare industry with an emphasis on providing solutions to a national community of cancer specialist providers.
About Phillips Edison & Company
Phillips Edison & Company offers a complete range of retail solutions for investors and retailers. The Company has an operating platform designed to optimize property value and consistently deliver a great shopping experience. Phillips Edison provides retail services including development, redevelopment, leasing and management of retail centers. Established in 1991, the company’s portfolio currently includes a national footprint of retail properties. The Company has corporate offices in Cincinnati, Salt Lake City, New York City and Atlanta.
For more information, please visit www.phillipsedison.com or connect with us on LinkedIn.
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A major construction crane has arrived at The Kenwood Collection, the retail and office project being developed by Phillips Edison & Company of Cincinnati.
Cincinnati-based Messer Construction Co. – the general contractor on the first phase of the project – will utilize the Peiner Tower Crane to complete work on the project’s office tower, which is expected to open in the fall of 2015.
Adjacent to Kenwood Towne Centre in the northern Cincinnati suburb of Sycamore Township, The Kenwood Collection consists of 300,000-square- feet of upscale retail and approximately 200,000-square-feet of Class A office space. Current retail tenants include Crate & Barrel, The Container Store and Mitchell’s Salon & Day Spa. Neace Lukens, one of the region’s largest insurance companies, has agreed to lease one of the floors in the planned office tower.
Jones Lang LaSalle is the leasing agent for the project’s office space. Jeffrey R. Anderson Real Estate is overseeing leasing of the retail space.
Phillips Edison’s Strategic Investment Fund purchased The Kenwood Collection – formerly named Kenwood Towne Place – in July of 2012 from a bank lending group led by Bank of America.
MEDIA CONTACT:
Patrick Crowley
Strategic Advisers, LLC
859-462-4245 mobile
pcrowley@strategicadvisersllc.com
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