|By PR Newswire||
|March 3, 2014 11:37 AM EST||
CINCINNATI, March 3, 2014 /PRNewswire/ -- Phillips Edison & Company announced today the recent opening of two new offices in New York City, NY and Atlanta, GA. These offices will further expand the company's presence throughout the northeastern and southeastern regions of the country in an effort to better serve the needs of their clients, investors and associates.
Located in Rockefeller Center, the New York City office will facilitate the company's relationships with the finance community, while serving as a primary regional location in the northeast.
"Manhattan is a world financial center, and we felt it was in the best interest of our company and investors to establish a frontline presence there led by our CFO, Devin Murphy," says Bob Myers, Chief Operating Officer of Phillips Edison & Company.
Devin is charged with providing hands-on leadership in managing relationships with capital providers, as well as directing all financial activities, including planning and reporting, fundraising, investor relations, accounting, risk management and other functions.
"The opening of our New York office is a strategic move to best serve the needs of our investors as well as provide the necessary tools for our company to grow," says Murphy. "This is an important opportunity for the company to have more direct exposure in the capital markets."
Additionally, Phillips Edison has opened a regional office in Atlanta, GA, which will serve primarily as a leasing and property management office. The 3,500-square-foot Class A office is located in the Concourse Corporate Center, one of the most prestigious mixed-use developments in the southeastern United States.
"We own and operate more than 100 properties throughout the Southeast and with Atlanta being the nucleus of the region, it was another proactive step that we felt was necessary to better serve our clients and associates," explains Myers.
About Phillips Edison & Company
Since 1991, Phillips Edison & Company has specialized in the acquisition, leasing and operation of grocery-anchored neighborhood and community shopping centers. The Company has diversified its portfolio and services to become the total retail solution for property owners, retailers and investors. In addition to its core focus on necessity-based shopping centers, the Company manages specialized funds invested in power centers, enclosed malls, lifestyle centers, net lease properties and other retail real estate assets. Phillips Edison's portfolio of owned and/or managed properties currently includes more than 260 properties, totaling over 31 million square feet in 36 states. The Company has corporate offices in Cincinnati, Salt Lake City and New York City, as well as regional offices across the country.
For more information, please visit www.phillipsedison.com or connect with us on LinkedIn.
SOURCE Phillips Edison & Company