Oak Meadows Marketplace, located at 5731 Williams Drive, Georgetown, is under new ownership according to a Feb.17 release from the Texas A&M Real Estate Research Center.

Phillips Edison & Company, which, according to its website, is one of the nation's leading operators of grocery-anchored shopping centers, is the new owner. Its holdings in Texas include two shopping centers in Houston and another in Mesquite.

The 78,888 square foot shopping center was built in 2018 with Randall's as the largest tenant. Other tenants include Great Clips, Romeo's Pizza and Phoever Diner.