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Phillips Edison & Company Reveals $377.5M Expansion Of Joint Venture With Northwestern Mutual; Northwestern Mutual And PECO Will Retain Approximately 86% And 14% Interest In The Joint Venture, Respectively

Oct 1, 2026 · 05:52 PM ET· updated 5h ago

Phillips Edison & Company, Inc. (NASDAQ:PECO) ("PECO"), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced an amended and

Why It Matters

Phillips Edison is putting more money into a shopping center partnership. This shows the company believes in its business and has cash to invest.

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Tickers in Play

PECO37.68

+0.33 (+0.90%)

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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