Investment Criteria and Targeted Markets
The PECO Development and Redevelopment Team explores opportunities in major markets throughout the US, as well as high-growth and well-located emerging markets surrounding major MSAs. PECO's portfolio is geographically diverse, we are currently seeing high demand for grocery-anchored shopping centers in the Southeastern and Mid-Atlantic regions.
PECO considers partnership structures to execute on its grocery-anchored shopping center development goals, working closely with local owners and investors to maximize a property’s return potential. We are exploring residential and office partners to develop mixed-use centers that offer single or multi-family housing or entertainment uses in addition to the grocery and retail components that PECO manages and leases.
Whether through a partnership structure or a typical land acquisition and development model, PECO’s Development and Redevelopment Team is equipped with the expertise, external relationships, and integrated operating platform to execute new grocery-anchored developments that will deliver long-term growth and value creation.
Consistent Design and Branding
The PECO Development and Redevelopment Team strives to create shopping centers with a consistently high level of quality that can be tailored to the grocer's design preferences and the specific market and local trade area.
We partner with highly-regarded architecture firms to deliver both functional and attractive designs that will complement and enhance the communities we serve and create a positive shopping environment to benefit our Neighbors and their customers.