Phillips Edison & Company

About Phillips Edison & Company

Phillips Edison & Company is a real estate operator. Phillips Edison & Company operates in Abilene, Texas, Akron, Ohio and Allentown-Bethlehem-Easton, Pennsylvania-New Jersey. Its investment focus is on Hospitality, Medical Office & Healthcare and Standalone Retail.

​Founded in 1991, Phillips Edison & Company (PECO) is a publicly traded real estate investment trust (REIT) specializing in grocery-anchored neighborhood shopping centers across the United States. As of December 31, 2024, PECO reported net income attributable to stockholders of $18.1 million, or $0.15 per diluted share. ​ PECO's portfolio comprises over 300 properties, each anchored by leading grocery retailers such as Kroger, Publix, Albertsons, and Ahold Delhaize. The company operates a fully integrated platform with in-house leasing, property management, accounting, acquisitions, dispositions, development, and financing teams. ​ In July 2021, PECO completed its initial public offering, raising $547 million in gross proceeds, and began trading on the Nasdaq under the symbol "PECO." The company is headquartered in Cincinnati, Ohio, with additional offices in Park City, Utah, and Atlanta, Georgia. ​

Principals at Phillips Edison & Company

Recent activity at Phillips Edison & Company

3 recent signals from the real estate trade press · latest 3w ago

Phillips Edison & Company's project portfolio

3 projects on file · Retail (2), Mixed-Use (1)

Markets and themes

Markets Phillips Edison & Company operates in

• Abilene, Texas
• Akron, Ohio
• Allentown-Bethlehem-Easton, Pennsylvania-New Jersey
• Ann Arbor, Michigan
• Atlanta, Georgia
• Augusta, Georgia
• Austin, Texas
• Bakersfield, California
• Baltimore, Maryland
• Boston, Massachusetts
• Boulder, Colorado
• Buffalo, New York
• Cape Coral-Fort Myers, Florida
• Charleston, South Carolina
• Charlotte, North Carolina
• Charlottesville, Virginia
• Chattanooga, Tennessee-Georgia
• Chicago, Illinois
• Cincinnati, Ohio
• Cleveland, Ohio
• Colorado Springs, Colorado
• Columbia, South Carolina
• Columbus, Ohio
• Dallas, Texas
• Davenport-Moline-Rock Island, Iowa-Illinois
• Dayton, Ohio
• Deltona-Daytona Beach-Ormond Beach, Florida
• Denver, Colorado
• Des Moines, Iowa
• Detroit, Michigan
• Erie, Pennsylvania
• Fayetteville, North Carolina
• Fort Collins-Greeley, Colorado
• Fresno, California
• Green Bay-Appleton, Wisconsin
• Greensboro-High Point, North Carolina
• Greenville-Anderson, South Carolina
• Hagerstown-Martinsburg, Maryland-West Virginia
• Harrisburg, Pennsylvania
• Hartford, Connecticut
• Houston, Texas
• Indianapolis, Indiana
• Jacksonville, Florida
• Kansas City, Missouri-Kansas
• Lakeland-Winter Haven, Florida
• Las Vegas, Nevada
• Lexington-Fayette, Kentucky
• Los Angeles, California (LA)
• Louisville, Kentucky
• Lubbock, Texas
• Memphis, Tennessee
• Miami - Ft. Lauderdale - West Palm Beach - South Florida
• Milwaukee, Wisconsin
• Minneapolis-St.Paul, Minnesota
• Modesto, California
• Myrtle Beach, South Carolina
• Nashville, Tennessee
• New Haven, Connecticut
• North Port-Sarasota-Bradenton, Florida
• Norwich-New London, Connecticut
• Ocala, Florida
• Orlando, Florida
• Palm Bay-Melbourne-Titusville, Florida
• Panama City–Lynn Haven, Florida
• Peoria, Illinois
• Phoenix, Arizona
• Pittsburgh, Pennsylvania
• Port St. Lucie, Florida
• Portland, Oregon
• Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
• Richmond, Virginia
• Roanoke, Virginia
• Rockford, Illinois
• Sacramento, California
• Salem, Oregon
• Salinas, California
• San Bernardino-Riverside-Ontario, California (Inland Empire)
• Santa Fe, New Mexico
• Santa Maria-Santa Barbara, California
• Savannah, Georgia
• Seattle, Washington
• Springfield, Illinois
• Springfield, Massachusetts
• St. Louis, Missouri
• Stockton, California
• Tallahassee, Florida
• Tampa - St. Petersburg, Florida
• Toledo, Ohio
• Tucson, Arizona
• Virginia Beach - Norfolk - Hampton Roads, Virginia
• Washington DC
• Wilmington, North Carolina
• Yakima, Washington

Investment themes at Phillips Edison & Company

• Hospitality
• Medical Office & Healthcare
• Standalone Retail

Capabilities

• Asset Management
• Construction Management
• Economic Development
• Public-private partnerships
• Site Development

Operators similar to Phillips Edison & Company

• Agree Realty
  Institutional tierLas Vegas, NevadaMinneapolis-St.Paul, Minnesota+54 more marketsStandalone Retail
• Kimco Realty Corporation
  Institutional tierNashville, TennesseePeoria, Illinois+49 more marketsHospitalityStandalone Retail
• Greystone & Co., II LLC
  Institutional tierHartford, ConnecticutBakersfield, California+43 more marketsMedical Office & Healthcare
• Clayco
  Institutional tierWilmington, North CarolinaNashville, Tennessee+40 more marketsMedical Office & HealthcareHospitality
• SunCap Property Group
  Institutional tierWilmington, North CarolinaBuffalo, New York+39 more markets
• Brennan Investment Group
  Institutional tierNashville, TennesseeAtlanta, Georgia+37 more markets
• PulteGroup
  Institutional tierWilmington, North CarolinaNashville, Tennessee+37 more markets
• HHM Hotels
  Institutional tierAtlanta, GeorgiaBaltimore, Maryland+32 more marketsHospitality
• Kite Realty Group Trust
  Institutional tierWilmington, North CarolinaNashville, Tennessee+32 more marketsStandalone Retail
• CIM Group
  Institutional tierAtlanta, GeorgiaCincinnati, Ohio+30 more marketsStandalone RetailHospitality

Frequently asked questions about Phillips Edison & Company

What does Phillips Edison & Company do?

​Founded in 1991, Phillips Edison & Company (PECO) is a publicly traded real estate investment trust (REIT) specializing in grocery-anchored neighborhood shopping centers across the United States.

What markets does Phillips Edison & Company operate in?

Phillips Edison & Company is active in Abilene, Texas, Akron, Ohio, Allentown-Bethlehem-Easton, Pennsylvania-New Jersey, Ann Arbor, Michigan, Atlanta, Georgia, and Augusta, Georgia.

How many employees does Phillips Edison & Company have?

Phillips Edison & Company has 201–500 employees.