Phillips Edison & Company, Inc. (NASDAQ:PECO) is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company’s investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.
In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing. The firm leverages a vertically integrated platform to identify value-add opportunities, execute redevelopment and pursue densification strategies, often expanding retail centers with additional service-oriented or complementary uses such as medical office, mixed-use components and multifamily housing.
Headquartered in Cincinnati, Ohio, Phillips Edison traces its roots to the early 1990s, when founder Robert C. Phillips began investing in and managing shopping centers. The company structured as a public REIT in 2013, listing on the NASDAQ under the ticker symbol PECO. Robert C. Phillips continues to serve as Chairman and Chief Executive Officer, guiding a leadership team with deep experience in retail real estate, capital markets and property operations.
Today, Phillips Edison & Company’s portfolio spans multiple regions across the United States, with a focus on primary and select secondary markets. By targeting necessity-based tenants and pursuing disciplined, data-driven site selection, the company aims to build a resilient portfolio that can adapt to shifting consumer trends while delivering consistent occupancy and rental income over the long term.
