Phillips Edison & Company, Inc. (PECO)

33.02 +0.61 (+1.88%) At close: 04:00PM EDT

Phillips Edison & Company, Inc.

11501 Northlake Drive
Cincinnati, OH 45249-1667
United States
513 554 1110
https://www.phillipsedison.com

Sector(s): Real Estate
Industry: REIT - Retail
Full Time Employees: 290

Description

Phillips Edison & Company, Inc. (“PECO”) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded 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 providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.

Corporate Governance

Phillips Edison & Company, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 2. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.