News: Brokerage

Phillips Edison & Company opens New York City and Atlanta, GA offices

Phillips Edison & Company has opened two new offices in New York City 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," said Bob Myers, chief operating officer of Phillips Edison & Co. Murphy 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," said 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 s/f 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," said Myers.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent