In The Market

Phillips Edison's primary acquisition focus is grocery-anchored, necessity-based neighborhood and community shopping centers. Our nationwide portfolio includes almost 300 properties and we're in the market for more!

Our experienced team can overcome complex issues such as environmental concerns, high vacancy or
deferred maintenance to make deals others can’t.

Acquisitions Criteria

Core, Core+, and Value-Add Grocery-Anchored Centers Nationwide

All Cash, No Financing Contingencies

Single Properties or Multi-Property Portfolios

Will Purchase Assets or Loans

Exceptional Record for Closing in 30-45 Days

Contact Information

National Acquisitions

David Wik

(513) 746-2557


Nick Daffin



Navin Srinivasan

(513) 618-4443


Simple! Send our experienced, in-house acquisitions team a site plan, rent roll, and a couple of years of operating statements, and our acquisitions team will plan to get you a valuation within 2-3 business days.

We prefer to buy grocery-anchored neighborhood shopping centers, anchored by the #1 or #2 grocer by sales in the market. PECO's experienced, in-house acquisitions team focuses on growing suburban and Sun Belt markets that diversify by the grocer, geography, and merchandise mix.

Up until the day you sign a contract to sell to PECO, the decision is entirely up to you. PECO is a market buyer, and we plan to always be active in the market.

We prefer to buy national/regional grocers that are the #1 or #2 grocers by sales in the market including Kroger, Albertsons, Publix, Hy-Vee, H-E-B, Wal-Mart, Ahold Delhaize, and more. We also like specialty grocers such as Whole Foods, Trader Joe's, Sprouts, Fresh Market, Aldi, and more.

We consider PECO to be a growth company. We are always looking at opportunities for external growth. Our future plans depend upon market conditions and opportunities. That said, our long-term plan is to continue to grow through acquisitions.

Always consult your tax advisor when selling real estate to understand your personal tax implications.

This depends heavily upon market conditions, but we historically buy several grocery-anchored neighborhood shopping centers in a calendar year.

While it does not happen often, this typically happens if a major tenant decides to close their business during the due diligence period. In those instances, there are potential ways to structure the purchase around that circumstance, which we will consider. PECO has acquired over 500 assets in the last 30 years, so our team is experienced in closing; despite challenges that may arise during due diligence.

PECO has good relationships with many brokerage firms around the country. As a result, we have visibility into nearly every shopping center opportunity that is actively marketed. We are happy to consider a brokerage commission to a broker who can bring us an off-market deal that is not actively listed by a broker.

Typically, approximately 45-60 days once a price is agreed upon, although this does fluctuate based on each deal. Smaller, less complex transactions could potentially be done in approximately 30-45 days.

Yes, PECO has historically been an all-cash buyer. This is a tremendous advantage for sellers as we are not dependent upon a lender to get to the closing table, so we have full control over the process.

Recent Acquisitons

Loganville Crossing

Loganville, GA | 149,187 SF

Anchored by Kroger


Smoothie Kings, Pacific Dental, Edible Arrangements, Great Clips, Marco’s Pizza, Kumon Math & Reading

Walden Park

Austin, TX | 90,824 SF

Anchored by Target


First Watch, Massage Envy, Ulta, Sally Beauty Supply, Subway

Mansell Village

Roswell, GA | 89,688 SF

Anchored by Kroger


Phoenix Nails & Spa, Panda Café, Buckley Dental


We are currently offering select shopping centers for sale in markets across the country.
For more information regarding disposition opportunities, see the regional contact below.

Get in Touch!

Our proprietary PECO Power Score® and Gold Score™ help us efficiently analyze and move on to acquisition opportunities.