PECO
Closed
Phillips Edison & Co Inc
35.18
+0.15 (+0.43%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 35.03
Day's Range: 34.76 - 35.77
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When Written:
32.07
Phillips Edison & Co Inc (PECO) is a real estate investment trust (REIT) that specializes in the acquisition, development, and management of grocery-anchored shopping centers in the United States. The company was founded in 1991 and is headquartered in Cincinnati, Ohio.
PECO owns and manages over 300 shopping centers across the country, totaling more than 27 million square feet of retail space. The company's tenants include major retailers such as Walmart, Kroger, Target, and Home Depot, as well as smaller local businesses.
PECO's strategy is to focus on grocery-anchored shopping centers, which are typically more resilient to economic downturns and have a consistent demand from consumers. The company also places a strong emphasis on sustainability and has implemented various green initiatives across its properties.
In 2020, PECO merged with a publicly traded special purpose acquisition company (SPAC) to become a publicly traded company on the NASDAQ under the ticker symbol PECO.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
PECO owns and manages over 300 shopping centers across the country, totaling more than 27 million square feet of retail space. The company's tenants include major retailers such as Walmart, Kroger, Target, and Home Depot, as well as smaller local businesses.
PECO's strategy is to focus on grocery-anchored shopping centers, which are typically more resilient to economic downturns and have a consistent demand from consumers. The company also places a strong emphasis on sustainability and has implemented various green initiatives across its properties.
In 2020, PECO merged with a publicly traded special purpose acquisition company (SPAC) to become a publicly traded company on the NASDAQ under the ticker symbol PECO.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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