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Phillips Edison and Company

#3028

Rank

$4.75B

Marketcap

US United States

Country

Phillips Edison and Company
Leadership team

Mr. Jeffrey S. Edison (Chairman & CEO)

Mr. Devin Ignatius Murphy (Pres)

Mr. John P. Caulfield (CFO, Exec. VP & Treasurer)

Products/ Services
Commercial, Real Estate
Number of Employees
100 - 500
Headquarters
Cincinnati, Ohio, United States
Established
1991
Company Registration
SEC CIK number: 0001476204
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
PECO
Social Media
URL
https://www.phillipsedison.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
Phillips Edison & Company, Inc. (?PECO?), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time. Phillips Edison & Company Ltd. operates as a subsidiary of Phillips Edison Grocery Center Operating Partnership I, L.P.
History

The company was founded by Mike Phillips and Jeff Edison, former employees of Taubman Centers, to invest in community and neighborhood shopping centers. The company acquired its first property in 1992, and subsequently began investing in other properties across the U.S. through a series of private funds.

In 2010, Phillips Edison & Company launched Phillips Edison—ARC Shopping Center REIT Inc., the first of two non-traded real estate investment trusts . In 2013, Phillips Edison & Company created Phillips Edison – ARC Grocery Center REIT II, Inc. Phillips Edison & Company rebranded its non-traded REITs in as Phillips Edison Grocery Center REIT I and Phillips Edison Grocery Center REIT II.

In 2015, Phillips Edison & Company separated its Strategic Investment and Net Lease Investment business units into a standalone company called PECO Real Estate Partners, allowing Phillips Edison & Company to “focus exclusively on growing and enhancing the value of its grocery-anchored shopping center portfolio.”In 2016, Phillips Edison & Company was ranked in Inc. as one of the 5,000 fastest-growing private firms in the nation and the 14th largest retail owner by square footage by National Real Estate Investor.In July 2021, the company went public on the Nasdaq, under symbol PECO.

Mission
Phillips Edison & Company’s mission is to create value and opportunity in every neighborhood they serve. Their company’s portfolio, operational expertise, and dedication to adaptation allows them to continually bring best-in-class shopping center experiences to communities across the country.
Vision
Phillips Edison & Company’s vision is simple… to be the preferred investment and development partner for leading retail companies, financial institutions and individual investors in the grocery-anchored shopping center segment. They are committed to creating value and opportunity while delivering long-term, investor and customer focused solutions.
Key Team

Mr. Robert F. Myers (Exec. VP & COO)

Kim Green (VP of Investor Relations)

Ms. Tanya E. Brady J.D. (Exec. VP, Chief Ethics and Compliance Officer, Gen. Counsel & Sec.)

Ms. Cherilyn Megill (Sr. VP & Chief Marketing Officer)

Mr. Jeffrey T. Brown (Chief Accounting Officer)

Ms. Jennifer L. Robison (Sr. VP & Chief Accounting Officer)

Mr. Kevin McCann (Chief Information Officer)

Recognition and Awards
Phillips Edison & Company has been acknowledged with numerous awards across the country, including being twice named to the Inc. 5000 List for fastest-growing companies and securing the Beacon Award for philanthropy. They have also received multiple national awards for asset management efforts and overall business impact from both their partners and the industry.
References

https://en.wikipedia.org/wiki/Phillips_Edison_%26_Company

https://in.investing.com/equities/phillips-edison-co

https://finance.yahoo.com/quote/PECO/profile?p=PECO

https://www.crunchbase.com/organization/phillips-edison-company

https://companiesmarketcap.com/

https://www.phillipsedison.com

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Phillips Edison and Company
Leadership team

Mr. Jeffrey S. Edison (Chairman & CEO)

Mr. Devin Ignatius Murphy (Pres)

Mr. John P. Caulfield (CFO, Exec. VP & Treasurer)

Products/ Services
Commercial, Real Estate
Number of Employees
100 - 500
Headquarters
Cincinnati, Ohio, United States
Established
1991
Company Registration
SEC CIK number: 0001476204
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
PECO
Social Media
URL
https://www.phillipsedison.com