Jeffrey Edison on community impact
From REITs at 65: Phillips Edison CEO Says Aggressive Growth Possible Because of REIT Structure · · Nareit1
“Our shopping centers create significant economic impact for the local townships and municipalities. We provide jobs and opportunities for social connection, support local small businesses, and enhance the communities where we operate.”
On , Jeffrey Edison, Co-Founder, Chairman & Chief Executive Officer at PHILLIPS EDISON & CO INC, spoke about community impact during REITs at 65: Phillips Edison CEO Says Aggressive Growth Possible Because of REIT Structure on Nareit1.
About Jeffrey Edison
Jeffrey Edison, chairman and CEO of Phillips Edison & Company (PECO), has emphasized the stability and growth potential of the company's grocery-anchored shopping center portfolio. In interviews throughout 2024 and 2025, Edison attributed strong operating results to a lack of new supply, driven by high construction costs, and to the necessity-based nature of the company's retail tenantscars. He stated that the company has experienced record occupancy, retention rates, and rental spreads, and noted that the consumer has remained resilient despite economic uncertainty. Edison also discussed the company's focus on using artificial intelligence, saying PECO has launched multiple AI projects across departments to improve efficiency. Edison has highlighted the REIT structure as a key enabler of the company's growth, stating that it allows PECO to raise capital efficiently from both retail and institutional investors. He noted that the company is prioritizing internal growth through leasing and redevelopment, as well as external growth through acquisitions, particularly as interest rate uncertainty begins to stabilize. Edison also pointed to the company's low leverage and strong balance sheet as advantages in the current market. In 2021, Edison publicly endorsed Anthony Adams for mayor of Detroit, citing Adams's commitment to the city and its community.