Phillips Edison & Company Announces Industry Veteran Dan Sutherland as Vice President of Acquisitions

About this update from Phillips Edison & Company, Inc.

CINCINNATI, May 15, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that Dan Sutherland has joined the Company as Vice President of Acquisitions for the West region encompassing Arizona, California, Nevada, Oregon and Washington. Dan brings more than two decades of experience sourcing, structuring and executing retail real estate transactions across both public REITs and private equity platforms. He has demonstrated a consistent track record of identifying strategic investment opportunities and driving substantial portfolio growth across diverse markets. Prior to joining PECO, Dan most recently served in a similar leadership role at Sterling Organization after holding senior leadership roles at Brixton Capital and Brixmor Property Group. Dan has led complex transaction strategies, negotiated large-scale deals and collaborated closely with executive leadership to drive portfolio performance. Over the course of his career, he has closed billions of dollars in real estate transactions and built extensive relationships across the investment and brokerage community. “Dan is a highly respected industry leader with a proven ability to source and close complex transactions,” said Dave Wik, SVP of Acquisitions at PECO. “His deep relationships and strong execution capabilities will be instrumental as PECO continues to scale its acquisition platform and deliver long-term value for our shareholders.” In his new role, Dan will be responsible for sourcing and executing investment opportunities that support PECO’s continued growth strategy, with a focus on high-quality, grocery-anchored shopping centers in growing suburban markets with strong demographics. PECO’s acquisitions team is widely regarded as a best-in-class leader in the retail REIT sector, leveraging a disciplined, in-house approach to drive accretive growth through the targeted acquisition of high-quality, grocery-anchored shopping centers and Everyday Retail centers. With a proven ability to identify, underwrite and close complex transactions efficiently, the PECO team is expertly navigating high-growth suburban markets to expand a portfolio that boasts a ~95% grocery-anchored composition, the highest in the Shopping Center peer group. About Phillips...

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