Phillips Edison & Company, Inc.

REIT owning grocery-anchored neighborhood shopping centers across the US

What Phillips Edison & does

PECO owns and runs neighborhood shopping centers across the US, each built around a grocery store like Kroger or Publix. The centers also hold other national and regional shops that sell everyday essentials and services. As of mid-2026 it managed 330 centers in 31 states.

How Phillips Edison & makes money

PECO makes money mainly by leasing space in its shopping centers to grocery stores and other retailers that sell everyday necessities. It also earns income from managing 28 centers owned through three institutional joint ventures.

Products & services

• Grocery-anchored neighborhood shopping centers
• Retail space leasing
• Property management and operations
• Institutional joint venture shopping centers