Acquisition Strategy

Phillips Edison Grocery Centered REIT III’s strategy is to acquire, own and manage a high-quality, diverse, grocery-anchored shopping center portfolio, while maintaining a property-focused approach to maximize total returns to stockholders.

One of the proprietary methods we employ when considering an acquisition of a grocery-anchored shopping center is the DAVE method, which involves reviewing the physical aspects of the center for Design, Access, Visibility and Environment.

D    DESIGN:   Shape of center: straight line, U shape, L shape

A    ACCESS:   Drive side home and traffic light access

V    VISIBILITY:   Can you see small tenants from road? Are trees or other obstacles blocking the view?

E    ENVIRONMENT:   Is it a safe, clean environment conducive to shopping?

Publix at Orange Grove

Selective Acquisitions Process

  • Source deals nationwide through market expertise and industry relationships
  • Perform thorough financial review and property underwriting to evaluate risks, opportunities and achievable returns
  • Execute detailed due diligence including on-site interviews with tenants, municipalities, third party reps, etc.
  • Incorporate our fully integrated operating platform of in-house experts to formulate a long-term plan for the center

PECO3 acquisition strategy

*Progressive Grocer 84th Annual Report of the Grocery Industry.
**RBC Capital Markets, Retail REITs, February 2016.

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The Phillips Edison Grocery Center REIT III, Inc. website is available for use subject to its Terms and Conditions and our Privacy Policy. Please click on the highlighted terms to review these. To review a summary of the risk factors related to an investment in the Phillips Edison Grocery Center REIT III, Inc. program click here.

This material must be read in conjunction with the applicable prospectus in order to understand all the implications and risks of any offering of securities to which the material relates. If you have not previously reviewed a prospectus, click here. Otherwise, to proceed, agree to the Terms and Conditions and Privacy Policy of this website.