Header Right Menu Careers Investor Login CONTACT US Main navigation ABOUT PROPERTIES & LEASING ACQUISITIONS NEIGHBORS INVESTORS Breadcrumb Home About About Us we create great omni-channel grocery-anchored shopping experiences and improve our communities, one center at a time Phillips Edison & Company, Inc. (“PECO” or the “Company”) is one of the nation’s largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers. Since its founding in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO’s centers feature a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States and its top grocery anchors include Kroger, Publix, Albertsons, and Ahold Delhaize. PECO remains exclusively focused on creating great omni-channel grocery-anchored shopping experiences and improving communities, one center at a time. Company History Phillips Edison & Company purchased its first shopping center, Nordan Shopping Center in Danville, Virginia, in the early 1990s. Over the course of the next 30 years, the company’s portfolio grew quickly and expanded across the country. This remarkable growth was initially funded by private investment funds. The success of those early funds paved the way for larger funds involving major institutional investors, providing the necessary capital for even greater growth and set the stage for the company to sponsor two publicly registered non-traded REITS, Phillips Edison Grocery Center REIT 1 which launched in 2010, and Phillips Edison Grocery Center REIT 2 which launched in 2013. Together, the non-traded REITS generated nearly $3 Billion in offering proceeds. On October 4, 2017 Phillips Edison Grocery Center REIT I, Inc. completed the acquisition of Phillips Edison Limited Partnership’s real estate assets and asset management business and the combined company is now doing business as Phillips Edison & Company (PECO). The business that began 30 years ago now has almost 300 associates working in corporate offices in Cincinnati, Park City and Atlanta with regional offices across the country. PECO also still owns its first property, Nor-Dan Shopping Center, a testament to its belief in the grocery-anchored industry. The key to PECO’s success is that the company has remained true to its mission of value creation and to its commitment to be the best-in-class operator. PECO continues to be an industry leader in its core business of maximizing the value of grocery-anchored neighborhood shopping centers. 1991 Phillips Edison & Company founded 1992 Acquired first shopping center, Nordan Shopping Center in Danville, Virginia 2000 Closed Fund I, a $20 million, fully discretionary investment vehicle 2003 Closed Fund II, a $60 million, fully discretionary investment vehicle in two closings and acquired $175 million Aegis Realty portfolio of 27 centers, over three million SF 2004 Completed consolidation of affiliated entities into an LP structure with a corporate GP 2006 Closed Fund III, a $275 million, value-add fund and acquired a total of 116 shopping centers, over 12 million SF, in 27 states 2007 Acquired $600 million portfolio of 60 centers, over 5 million SF, from Developers Diversified Realty as part of Fund III 2009 Closed Fund IV, a $120 million, value-add fund and acquired nine centers in seven states, over 1.3 million SF 2010 Launched Phillips Edison Grocery Center REIT I 2013 Launched Phillips Edison Grocery Center REIT II 2014 Closed the initial public offering for Phillips Edison Grocery Center REIT I, generated ~$1.75 billion in proceeds 2015 Closed the initial public offering for Phillips Edison Grocery Center REIT II, generated ~$1.2 billion in proceeds 2017 Phillips Edison Grocery Center REIT I, Inc. completed the acquisition of Phillips Edison Limited Partnership’s real estate assets and asset management business 2018 Completed $1.9 billion merger with Phillips Edison Grocery Center REIT II, Inc., acquiring 86 grocery-anchored shopping centers 2018 Entered into two joint ventures with Northwestern Mutual to form Grocery Retail Partners I (“GRP I”) and Grocery Retail Partners II ("GRP II"), investing in 20 centers valued at $415 million 2019 Surpassed $1 billion in total shareholder distributions; Appointed Elizabeth Fischer and Jane Silfen to Board of Directors 2020 Launched PECO Connect™, a comprehensive program comprised of rewards programs, webinars, signage, digital toolkits and other resources to help Neighbors navigate the COVID-19 pandemic 2021 Raised $547.4 million of gross proceeds in a public offering and began trading on the Nasdaq under the symbol “PECO” Learn more about us GIVING BACK WOMEN AT PECO PECO UNIVERSITY DIVERSITY & INCLUSION Contact us to learn more about Phillips Edison & Company Phillips Edison & Company is a fully integrated real estate company with in-house leasing, property management, accounting, acquisitions, dispositions, development and financing teams. The primary goal of the entire organization is to create value in retail properties. Contact Us Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of grocery-anchored shopping centers. Navigation ABOUT US PROPERTIES & LEASING CAREERS & CULTURE ACQUISITIONS NEIGHBORS INVESTORS Contact Us 11501 Northlake Drive Cincinnati, OH 45249 Phone (513) 554-1110 or (800) 875-6585 3247 Santa Fe Road Park City, UT 84098 Phone (801) 521-6970 or (866) 495-1549 6 Concourse Parkway, Suite 1440 Atlanta, GA 30328 Phone (678) 222-3900 Search Search SITE MAP TERMS & CONDITIONS PRIVACY POLICY © 2021 Phillips Edison & Company, Inc. We encourage you to read our Privacy Policy and Terms of Use before using our website. We use cookies to enhance your experience on our website, to better understand how our website is used, and to help provide security. No, thanks I Agree