• Job Description

  Req#: TRANS001727

  About us:

  Phillips Edison & Company takes PRIDE in creating great omni-channel grocery-anchored shopping experiences and improving communities, one center at a time. PECO’s culture is fueled by the ENERGY our team brings to work every day – to find creative solutions and create value for our centers, our investors, our communities and the greater world around us. PECO’s culture is driven by our team’s CONNECTION to each other and the communities in which we live and work. PECO embraces the OPPORTUNITY to source and implement creative and sustainable programs to create a positive impact on the environment.

  Phillips Edison’s operating platform provides retail services including acquisition, redevelopment, leasing and management of grocery-anchored retail centers.

  What you’ll learn:

  • Knowledge on how multiple groups within the company assess retail properties as a fit for acquisition into our current portfolio
  • Knowledge on how multiple groups within the company assess properties in our current portfolio as a target for disposition
  • Understanding of the complete process of acquiring and disposing an asset from initial underwriting through due diligence and closing
  • Ability to be involved with underwriting a deal from start to finish within Argus
  • Perform deal and market specific research, including market rental rates, competition mapping, new or proposed development, infrastructure changes, etc.
  • Assist in performing analysis to assess the health of tenants/retailers
  • Will develop the ability to prepare presentation materials such as site plans, aerials and competition maps used in Investment Committee packages
  • Basic understanding of how other Phillips Edison & Co. (PECO) departments fit in throughout the acquisition and disposition process, as well as after a property is acquired or sold

  What you’ll do:

  The Transactions Intern will report to the Senior Transactions Coordinator and work with other team members in person in our Cincinnati, OH office.

  • Basic Argus modeling and Excel financial modeling to assess retail acquisitions
  • Various research and analysis in support of the underwriters and acquisition officers (e.g. Excel dashboard analyses, Real Estate Tax analysis, Insurance quotes)
  • Assist with Executive Summaries prepared for Investment Committee
  • Assist with market and tenant analysis/research for prospective acquisitions during due diligence period (e.g. compiling demographics, site maps, competition surveys, tenant health analysis)
  • Ad hoc research and analysis projects specific to the retail industry or PECO portfolio

  What we’re looking for:

  • Current student pursuing a degree in Finance or Real Estate with a minimum GPA of 3.0
  • Interest in Commercial Real Estate
  • Intermediate to advanced skills in MS Excel / Word required
  • Previous co-op or internship experience strongly preferred
  • Strong written, verbal and interpersonal skills
  • Excellent organizational skills, attention to detail and ability to work efficiently in a fast-paced team environment
  • Ability to multi-task various projects to hard deadlines, including prioritizing and time-managing recurring duties and ad hoc tasks as they arise

  Why PECO?

  With consistent recognition as one of Cincinnati's top workplaces for 7 consecutive years , PECO's success as one of the nation's largest owners and operators of grocery-anchored shopping centers is driven by a strong employee culture and a small company feel. PECO values diversity, equity, and inclusion through various employee resource groups , and offers numerous wellness programs – including an on-site fitness facility and fitness classes. At PECO, associates enjoy meaningful interactions with one another, creating an energetic, high performing, yet relaxed work environment where individuals truly enjoy being a part of the team.

  Qualifications

  Education

  Preferred

  Bachelors

  Bachelors

  Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

  The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

• About the company

  Phillips Edison & Company is an American owner, operator, acquirer, and developer of shopping centers throughout the US.

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