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PECO| Name | Value |
|---|---|
| Revenues | 145.0M |
| Cost of Revenue | 42.0M |
| Gross Profit | 103.1M |
| Operating Expense | 69.7M |
| Operating I/L | 31.0M |
| Other Income/Expense | -15.3M |
| Interest Income | 0.0M |
| Pretax | 15.7M |
| Income Tax Expense | -1.0M |
| Net Income/Loss | 13.7M |
Phillips Edison & Company, Inc. (PECO) is a leading internally-managed REIT specializing in grocery-anchored shopping centers. With a portfolio of 309 properties across 31 states, PECO focuses on well-occupied neighborhood shopping centers featuring national and regional retailers. The company's vertically-integrated operating platform manages approximately 31.7 million square feet of retail space. PECO has a successful 29+ year history and has partnered with institutional investors like TPG Real Estate and The Northwestern Mutual Life Insurance Company. PECO's primary revenue stream comes from leasing retail space to necessity-based goods and services retailers, creating great grocery-anchored shopping experiences in strong markets across the United States.
