Retail redevelopment Target opportunities in distressed or under-managed retail centers such as lifestyle centers, power centers and enclosed malls where PREP specializes in lease restructures, tenant upgrades and value creation.

Triple-net focus Engage with property owners seeking to monetize well-located retail assets through triple-net structures, aligning with PREP's acquisition and management capabilities for value enhancement.

Financing leverage Explore co-investment or financing partnerships leveraging PREP’s $300M funding footprint to scale acquisitions, capital improvements and repositioning projects.

Experienced leadership Leverage the pedigree of founder connections from Phillips Edison & Company and veteran leasing leadership to identify off-market sellers and accelerators for deal sourcing.

Geographic & asset expansion Focus on markets similar to PREP’s Nebraska and Indiana investments and pursue opportunities in retail assets with potential for significant value uplift through repositioning, renovations and optimized merchandising.