Phillips Edison & Co

Phillips Edison & Company is a real estate investment trust (REIT) focused on the acquisition, management, and operation of grocery-anchored shopping centers across the United States. It possesses integrated capabilities encompassing leasing, property management, and accounting, positioning it as a comprehensive operator in the retail real estate sector. The company strategically maintains properties that serve as community hubs for essential goods and services.

The firm was founded in 1991 by Mike Phillips and Jeff Edison, with its first shopping center acquisition occurring in 1992. Their initial insight stemmed from identifying the enduring value and necessity of neighborhood shopping centers anchored by grocery stores. This foundational understanding guided their strategy to build a portfolio of properties that provide consistent utility and stability.

Phillips Edison’s product serves a diverse base of retail tenants operating within its centers, ultimately providing essential services to communities. The company’s vision is to remain a best-in-class operator, continuously maximizing the value of its grocery-anchored neighborhood shopping centers, and contributing to the vibrancy of local retail ecosystems through strategic property management and development.