REIT - Retail Industry | Real Estate Sector | Mr. Jeffrey S. Edison CEO | NASDAQ (NGS) Exchange | US71844V2016 ISIN |
US Country | 290 Employees | 4 Mar 2025 Last Dividend | - Last Split | 15 Jul 2021 IPO Date |
Phillips Edison & Company, Inc. (PECO), established in 1991, stands as a leading proprietor and operator of omni-channel grocery-anchored shopping centers within the United States. With a significant national presence, PECO prides itself on a vertically-integrated operating model that has consistently delivered robust outcomes. As of the close of 2023, PECO's portfolio encompasses 301 shopping centers, including 281 wholly-owned centers spanning 32.2 million square feet across 31 states, in addition to 20 centers held in a joint venture. Anchored predominantly by top-tier grocery chains such as Kroger, Publix, Albertsons, and Ahold Delhaize, PECO's properties are strategically situated in fundamentally strong markets and are dedicated to amplifying the omni-channel shopping experience while fostering community enrichment through retail rejuvenation.
PECO's operations and offerings can be classified under several key services and product categories, each tailored to enhance the shopping experience and provide value to communities and stakeholders: