Phillips Edison expands national accounts effort

10/17/2017
Phillips Edison, which recently announced the formation of a $4 billion REIT focused on grocery-anchored centers, has added to its national accounts team.

Stuart Shapiro, who oversaw leasing for properties in the Company’s southeast region, will assume the newly created role of senior director of national accounts. Ryan Mitzel, who previously was a leasing agent for the company, has been promoted to director of national accounts for the East. Both will report to Mike Conway, VP of national accounts and retailer partnerships.

In a press release, Conway said Shapiro’s role was created to add depth to the company’s retailer relationships.

Last week, the company announced the formation of The Phillips Edison Grocery Center REIT I following its acquisition of certain real estate assets and third-party management businesses of its former sponsor and external advisor, Phillips Edison Limited Partnership.

The new enterprise will manage a portfolio of 235 centers across 32 states, representing more than 26 million sq. ft. of retail space.

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