Investing in Grocery-Anchored Shopping Centers 

Phillips Edison Grocery Center REIT II, Inc. ("Grocery Center REIT II") is a publicly registered non-traded real estate investment trust* which seeks to invest primarily in grocery-anchored neighborhood shopping centers with the following characteristics:

The REIT is co-sponsored by two industry leaders: 

* We expect to elect to be taxed as a real estate investment trust ("REIT") beginning in the taxable year ending December 31, 2013. Once we qualify as a REIT, our failure to remain qualified as a REIT would result in higher taxes, may adversely affect our operations, would reduce the amount of income available for distribution and would limit our ability to make distributions to our shareholders.