Publications

Fundraising - MAY 19, 2016

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

PECO raises $32m for third retail fund

by Zoë Wolff

PECO Real Estate Partners has raised $32 million for PECO Real Estate Partners Strategic Investment Fund III, according to a filing with the SEC.

The value-added fund is seeking to raise $200 million to invest in underperforming power centers, malls and mixed-use properties.

The retail fund targets assets that are at least 350,000 square feet and located in major metropolitan markets.

PECO was founded in March 2015 by Phillips Edison & Co. co-founder Mike Phillips.

 

 

Fund data at your fingertips. Subscribe to the FundTracker database.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy