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| REDEVELOPMENT AND REMERCHANDISING FOR ADDED VALUE |
Our redevelopment team includes an experienced group of specialists who focus their efforts on a small group of properties with the greatest need. Properties with vacant anchor spaces and/or unusually high vacancy rates are analyzed to determine their continued viability as a retail location. If we determine that the property has ongoing retail potential, we develop a
merchandising strategy that may include reconfiguration, expansion or major capital
improvements.
The intense concentration of a dedicated redevelopment team shortens the turnaround time for these properties and enhances their value not only to Phillips Edison, but also to the tenants and the communities they serve.
Click here to download a Chain Store Age interview about our redevelopment program.
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