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.

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 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.

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.

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