Phillips Edison & Company (PECO) is a real estate investment trust that owns and operates high-quality, grocery-anchored neighborhood shopping centers across the United States. The company's portfolio is concentrated in fundamentally strong markets, with a significant presence in states such as Florida, California, Texas, and Georgia, and includes properties in and around major metropolitan areas like Houston, Seattle, Baltimore, and Palm Springs. PECO's strategy focuses on creating value through increasing occupancy and rent growth. The company also actively pursues growth through the acquisition of new assets and engages in both ground-up development of new retail spaces and the redevelopment of existing properties within its portfolio.
Phillips Edison & Company (PECO) continues to expand its footprint of grocery-anchored and necessity-based neighborhood shopping centers across the United States. During the first quarter of 2026, the company raised its full-year earnings guidance and reaffirmed its intention to execute up to $500 million in gross acquisitions for the year. In September 2025, the company's Board of Directors approved a 5.7% increase to the monthly dividend distribution rate, elevating the annualized dividend to $1.30 per share.
**Acquisitions**
**Dispositions**
**Refinancings, new loans & other capital markets**
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