PECO GROW

Grocery Centered. Community Focused.

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Phillips Edison & Company, Inc. (“PECO”) is one of the nation’s largest owners and operators of omni-channel grocery-anchored neighborhood 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. PECO has generated strong operating results over its 30+ year history.

The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time.


Our management team will discuss our future growth opportunities on our upcoming “GROW with PECO” webinar. A replay will be available immediately after using the webcast link below. 


GROW with PECO

PECO's portfolio of grocery-anchored centers, managed by an experienced team who have invested alongside of you, has a strong track record of consistent value and GROWth.

Grocery Anchored.

Owns and operates a $5.6 billion national portfolio of 294 grocery-anchored shopping centers.

Regular Income. Strong Returns.

Monthly distributions to our stockholders. Total distributions of over $1.3 billion.

Omni-Channel Landlord.

Complimentary to e-commerce, solving for last mile delivery and thriving in an omni-channel environment.

Well-Aligned & Experienced.

30 years of experience and a leadership team with $250 million invested alongside stockholders.

Frequently Asked Questions

Did Phillips Edison execute an underwritten IPO (initial public offering)?
  • Yes. On July 14, 2021, PECO finalized the pricing of its underwritten IPO. The IPO was priced at $28.00 per share.
  • On July 15, 2021, the newly issued common stock (the shares issued in the IPO to new investors) began trading on the Nasdaq, under the ticker symbol PECO.
  • On August 2, 2021, PECO announced that the full overallotment of the IPO was exercised.
  • The total gross proceeds of the IPO, including the overallotment, were approximately $547 million.
  • For the current market price per share, please visit www.nasdaq.com/market-activity/stocks/peco.
How does the IPO impact the non-traded REIT investors (Class B Common Stockholders)?
  • Prior to the IPO, shares of common stock held by PECO’s existing stockholders were converted to Class B common stock on July 2, 2021.
  • Class B common stock is not listed on the Nasdaq and cannot be traded on the Nasdaq.
  • On January 18, 2022, the Class B shares will automatically convert to Nasdaq-listed common stock and will be freely tradable on the Nasdaq.
  • The capital raised can help PECO grow over the long term, and the IPO will ultimately provide liquidity to our investors.
  • See “Can I sell my stock?” below for more details.
Why is the Class B common stock not tradable on the NASDAQ following the IPO?
  • PECO believes the holding period before Class B common stock will convert into Nasdaq-listed common stock was helpful in executing a successful underwritten IPO.
  • The capital raised in the IPO helped PECO pay down debt, and can help PECO grow over the long term. Additionally, the underwritten IPO will ultimately allow PECO to provide a liquidity option to all of its investors.
  • The holding period also allows PECO to build its public investor audience prior to the expiration of the holding period.
  • The Class B common stock has the same par value per share and voting rights, and receives the same monthly distributions as the Nasdaq-listed common stock.

For more questions and answers, visit our FAQ page.

Contact us for more information

Financial Advisor & Broker Dealer Inquiries: (833) 347-5717
Investor & Operations Inquiries: (888) 518-8073
Email Investor Relations
https://investors.phillipsedison.com