CNSREIT Acquires Springs Plaza in Florida, Enhancing Portfolio Quality
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 08 2025
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Source: Newsfilter
- Acquisition Deal: CNSREIT successfully acquires Springs Plaza, a 195,000 square foot shopping center in Bonita Springs, Florida, through a joint venture with Phillips Edison, achieving a 99% occupancy rate and enhancing its position in high-quality property investments.
- Market Potential: With over 1,100 housing units under construction within a five-mile radius and a projected 3.8% population growth over the next five years, the acquisition provides significant cash flow growth potential for CNSREIT.
- Tenant Quality: Major tenants at Springs Plaza include well-known brands such as ALDI, Ross, and Ollie's, ensuring stable rental income, and CNSREIT plans to further optimize investment returns by enhancing tenant quality.
- Industry Trend: According to CoStar Group, open-air shopping centers have reached a 16-year high occupancy rate of 95.7%, and CNSREIT's acquisition aligns with this market trend, demonstrating its ongoing focus on necessity-driven shopping centers.
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Analyst Views on PECO
Wall Street analysts forecast PECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PECO is 39.29 USD with a low forecast of 36.00 USD and a high forecast of 43.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
2 Buy
6 Hold
0 Sell
Hold
Current: 35.190
Low
36.00
Averages
39.29
High
43.00
Current: 35.190
Low
36.00
Averages
39.29
High
43.00
About PECO
Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company's business is conducted through Phillips Edison Grocery Center Operating Partnership I, L.P. It invests primarily in omnichannel grocery-anchored neighborhood and community shopping centers that have a mix of creditworthy national, regional, and local retailers that sell necessity-based goods and services in demographic markets throughout the United States. Its portfolio primarily consists of neighborhood centers anchored by the #1 or #2 grocer tenants by sales within their respective formats by trade area. The Company manages approximately 329 shopping centers, including 303 wholly owned shopping centers and 26 shopping centers owned through joint ventures, which comprise approximately 36.8 million square feet in 31 states.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Phillips Edison (PECO) Announces 2025 Tax Reporting with $0.1025 Per Share Distribution
- Dividend Distribution Info: PECO announced a total distribution of $0.1025 per share for 2025, with ordinary dividends at $0.084002, reflecting the company's ongoing cash flow strength and commitment to shareholder returns.
- Capital Gain Distribution: PECO reported no capital gain distributions for 2025, indicating a stable tax position without additional capital gains tax liabilities, which enhances investor confidence.
- Operational Scale: As of September 30, 2025, PECO manages 328 shopping centers encompassing 34 million square feet, demonstrating its strong presence and operational capacity in the U.S. market.
- Market Positioning: PECO focuses on delivering grocery-anchored shopping experiences, partnering with major retailers like Kroger and Publix, ensuring its competitive edge and customer base in the retail sector.
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