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Vasili Lyhnakis joined PECO in 2006 as a Junior Leasing Associate, was promoted to Senior Leasing Associate in 2008, to Director of Leasing in 2013, to Regional Vice President of Leasing in 2015 and to Vice President of Leasing, West in 2019. Vasili was named Senior Vice President of Leasing – West in 2024. He was PECO’s Leasing Top Producer in 2008.
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KC Bills joined Phillips Edison & Company in 2017 as Regional Vice President of Portfolio Management, overseeing PECO’s western region. He was promoted to Vice President of Portfolio Management and Development in 2019 and Senior Vice President of Portfolio Management and Development in 2024. His work sourcing and executing on new ground-up development opportunities in the West, along with streamlining and improving the overall process nationwide, has been instrumental in growing our outparcel development pipeline.
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In today's rapidly evolving retail landscape, driven by discerning consumer preferences and migratory shifts, identifying the optimal location is paramount for entrepreneurs and business owners.
What Demographic Data is Most Important When Selecting a Business Location?
Selecting the prime spot for your business is paramount. Sure... rent, access, and competition are factors to consider, but what about demographics?
Demographic data shows who the residents, workers, and shoppers are in a specific area. It provides a detailed breakdown of the local population. But with a vast amount of data available, which metrics truly hold the most weight for your business?
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Mr. Murphy joined PECO’s board of directors effective July 2, 2024. Mr. Murphy served as President of PECO from August 2019 until December 31, 2023. Prior to that, he served as PECO’s Chief Financial Officer from June 2013, when he joined the Company, to August 2019. Before joining PECO in 2013, Mr. Murphy worked for 27 years as an investment banker and held senior leadership roles at Morgan Stanley and Deutsche Bank. He served as the Global Head of Real Estate Investment Banking at Deutsche Bank.