Phillips Edison & Co Inc is a type of investment trust that puts its money into shopping centers where grocery stores are the main attraction. They have their own team that manages these properties and makes sure they are profitable and enjoyable for shoppers. They have an integrated in-house operating platform that helps manage the properties, and they focus on creating great shopping experiences.
The company was founded over 30 years ago and has grown significantly since then with its portfolio now spread across the United States. It has been funded by private investment funds as well as major institutional investors. PECO is also the sponsor of two publicly registered non-traded REITs, Phillips Edison Grocery Center REIT 1 and 2 which have generated nearly $3 Billion in offering proceeds.
Phillips Edison & Co Inc remains committed to its mission for value creation and being the best-in-class operator. They strive to optimize property values, create great omnichannel grocery-anchored shopping experiences, and ultimately improve the communities around them. Their success over the years is a testament to their commitment and dedication to this mission.
This proves that Phillips Edison & Co Inc has been a long-term leader in the grocery-anchored industry, helping create value for both investors and shoppers alike. They are sure to continue this success for many years to come.