CHECK-OUT LANEAPRIL 2017
Meet our new partner, Blue Sky Utilities
Page 7
Building a Sustainability Program Starts with Sustainable Relationships
PECO TracksPage 1
Social MediaPage 3
HR HubPage 5
Dept. DownloadPage 9
#PeopleofPECOPage 11
21
It’s like it’s Spring Break season in our shopping centers
or something....
AT PECO, WE LIKE SNACKS
2
SLOPES AND
SMILESCincinnati takes walking meetings. Salt Lake City takes skiing meetings.
There’s nothing like a surprise bridal shower for Katelyn Armstrong when it’s amongst friends!
No pictures, please, we’re too famous.
We’re in luck to have
Mike Leik on our team.
Happy Birthday, Mike!
CAUGHT! Mark “gave up” cake for Lent.
Cereal. The ultimate breakfast of champions — which is why we celebrate National Cereal Day!
4
SOCIAL MEDIA
LinkedIn has become one of the fastest-growing employment tools on social media. What started in the living room of co-founder Reid Hoffman in 2002, grew to be a platform connecting more than 467 million people around the world. Offering talent solutions, marketing solutions and premium subscription products, check out some of their stats to date!
WHO WROTE WHAT?Do you follow Phillips Edison on LinkedIn? Do you know when an associate posts a blog? Do you take the time to share or like it?! Your answers to all of these should be yes, but if not, here’s a chance to test your blogging knowledge. Simply match our most recent writers with their blog post. Answers on Page 3.
TIPS & TRICKS FOR LINKEDIN
A. Honoring a Special Woman on International Women’s Day
D. Closing the Triangle: Avoiding Triangulation
B. 3 Ways Networking in CRE Has Allowed Me to Grow as a Marketer
E. Social Media: A Company-Wide Initiative
C. Retailer Partnerships: A Key to Success
Source: LinkedIn.com
1. 2. 3.
4. 5.
DO
TH
IS
NO
T T
HIS
HAVE A PROFILE PICTURE
Your profile picture should be a nice clean and professional head shot where you are presenting your best self.
REGULARLY NURTURE RELATIONSHIPS
Make an effort to reach out to your valued connections whenever it makes sense. It can be as easy as leaving a positive comment on their recent update or sending them useful content specific to their profession.
KEEP IT PROFESSIONAL. ALWAYS.
Do not talk about anything that isn’t relevant to business on LinkedIn.
LinkedIn is a business social network and people expect everything to be
professional at all times.
IT ISN’T FACEBOOK OR TWITTER
Each social media platform has its own
tone and audience. No one wants to
know what you ate for lunch on LinkedIn.
467,000,000+REGISTERED MEMBERS FROM ALL COUNTRIES AND DOMAINS
133M+ 39M+MEMBERS IN THE U.S. MEMBERS IN INDIA
27M+MEMBERS IN BRAZIL
40%PERCENTAGE OF USERS THAT USE LINKEDIN DAILY
2NUMBER OF NEW MEMBERS PER SECOND
44%USERS WHO
EARN MORE THAN
$75,000 PER YEAR
39 MILLION+NUMBER OF STUDENTS AND RECENT GRADS ON LINKEDIN
MOTIVATED 930THE MOST OVERUSED WORD IN 2014 AVERAGE CEO
CONNECTIONS
1-E; 2-B; 3-D; 4-A; 5-C3
The “P” drive will be disappearing on June 30. Join your fellow associates and make your move to OneDrive. Look for virtual sessions in The Learning Zone in June.
65
HR HUB
TECH TIPS
Keith RummerSVP, Chief Human Resources Officer513.746.2572
Emily LeFevreHR Director513.824.7114
Sandy LambertHuman Resources Manager513.746.2582
Leah BrownDirector of Compensation513.619.5058
Danielle BrindisiRecruiter513.746.2614
Vicki DalzelleDirector of Learning & Development513.619.5053
Cindi KoetzleChange Management Specialist513.338.2771
Whitney YarberryLearning Designer513.956.5654
PECOU N I V E R S I T Y
PECO UNIVERSITY
For help finding books and other PECO University
opportunities, contact Vicki Dalzelle.
PARK ITWe are proud to introduce the YouEarnedIt Parking Space! Each month we will recognize the associate (MVP) who has been recognized the most amount of times, and they will be allowed to park in the assigned front row spot for the next month.
NEW REWARDSThis month we will be refreshing the experience offerings in the rewards section. Check the catalog for exciting new experiences including…. A bar cart Friday! (Thanks Tax, for the inspiration!)
TOTAL THOSE POINTS UPGiving point totals will no longer roll over on a quarterly basis. All full-time associates will receive 2,500 points per quarter to give to associates for going above and beyond in the workplace, and if they do not distribute them they will lose them. Your earned points, however, will remain in your account until you redeem them.
YouEarnedIt:2017 UPDATE ONLINE TRAINING WITH
THE LEARNING ZONENew! We will now be featuring associates who
are actively participating in The Learning Zone in our weekly communication.
This month we would like to give special recognition to Kelly Hines. Kelly helped organize the 1st quarter Accounting classes and collaborated with PECO University to get registrations and attendance set up in The Learning Zone. Thank you, Kelly, for utilizing TLZ!
NEW COURSES ADDED IN MARCH • Economic Development• Goal Setting• Social Media• Women & Leadership• Women & Leadership Resources
APRIL LIVE TRAINING• Understanding DiSC
April 4 from 2:30-4:00 p.m. PECO U Training Room
• Communicating With Tact, Diplomacy & Credibility
April 13 from 9:30-10:30 a.m. PECO U Training Room
• Public Speaking Pointers – Ted Talk Style April 25 from 2:30-3:30 p.m.
PECO U Training Room
LIVE TRAINING WITH PECO ASSOCIATES
MISS THE PECO NOW & THEN EVENT IN CINCINNATI?
You can find the ‘Makers: Women in
Business’ documentary on The Learning Zone!
THE LEARNING ZONEPECO UNIVERSITY
Access The Learning Zone from the left navigation on the
PECONet homepage! For help finding what classes are available
and what classes are best for you, contact Whitney Yarberry.
WANT TO SEE YOUR NAME
IN PRINT? SUBMIT YOUR
NEWS FOR OUR NEXT ISSUE
TO COMMUNICATIONS@
PHILLIPSEDISON.COM
BY APRIL 17!
Let’s recap:• Using your “P” Drive for personal files is so 2016• Spoiler Alert: You don’t have to lug your computer
around anymore! • “P” Drive to OneDrive - Copy and Paste folders at any time• It’s secure! PECO IT has your back! !
At PECO, we recognize the value of our associates. Our associates not only enhance the quality of our work, they foster an environment that assures continued success. As we grow, the demand for intelligent, industrious associates grows.
To support this growth, we need you - our current associ-ates - to help us fill new opportunities with qualified candi-dates that possess the desired skills and work ethic that will contribute to our company’s continued success. In return for your efforts, you will receive a referral bonus.
Any PECO associate that refers someone for employment will receive a $1,500 bonus when the person you referred has been employed for six months with our organization. WHO IS ELIGIBLE?
• Full-time Phillips Edison & Company associates, except Vice President level and above, are eligible for the program.
• Interns or Co-ops do not qualify.• Associates must be currently employed by PECO in the
sixth month of the referred associates’ start date in order to receive the scheduled payment.
• The position(s) you are referring someone for must be full time.
• Rehires to Phillips Edison & Company will not be eligible for this program.
HOW TO SUBMIT A REFERRAL
• Visit www.paycor.com and click on the Internal Careers & Associate Referral site link. You will have the option to refer a friend for any of the currently available positions listed on the site.
ASSOCIATE REFERRALPROGRAM
ADDITIONAL PROGRAM INFORMATIONAll cash awards are subject to the appropriate taxes
administered by law. If more than one associate submits the same referral,
the earliest referral that was submitted is eligible for the award. Applicants already on file or under active consideration are not eligible for the new program.
A manager cannot receive a referral bonus for referring a candidate who is hired into his or her department. Human Resources associates involved in the hiring of personnel are not eligible for the program.
Phillips Edison reserves the right to amend or discontinue this program without notice.
HAVE FUN PICTURES OF YOUR
DEPARTMENT OR PICTURES OF
YOUR EVENT? EMAIL THEM TO
COMMUNICATIONS@
PHILLIPSEDISON.COM
BY APRIL 17!
87
As one of the nation’s largest owners and operators of grocery-anchored shopping centers, Phillips Edison has always had a long-standing commitment to sustainability initiatives, based on a mission that is two-fold: be good stewards of the environment and do so in a way that makes business sense and adds value to our centers.
Our property management and construction teams are at the forefront of executing this mission at our centers. Over the past several years we have achieved success with upgrading our lighting packages with LED fixtures, replacing our HVAC units with more energy efficient models and installing white reflective TPO roofing systems at our centers.
We’ve recently been focused on establishing a solar energy program at our centers to take advantage of our biggest piece of unused real estate – our roofs. We currently own and operate five centers with solar panels, and have been trying to expand this initiative across our portfolio. Admittedly this has been one of our biggest challenges. Part of the challenge is finding the right solution that works for us and most importantly for our tenants. In the past two years, we met with and interviewed over twenty potential providers, and just couldn’t find the right solution.
We decided to shift our focus to finding the right partner and building a sustainable relationship with that partner – a
relationship that can last because it’s a win for all three parties – Phillips Edison, our tenants and the solar energy developer. We took a meeting with Blue Sky Utility at RECon 2016, and immediately knew we were on to something. Over the course of the past year we worked together to form a strong partnership. Blue Sky Utility invested the time in getting to know us and our centers. Together we developed the following solar energy program for our California properties:
• Blue Sky upgrades the roofing system at the center to a white reflective 60 mil TPO roof with a 25-year warranty at no cost to Phillips Edison or our tenants
• Blue Sky installs and maintains the solar panels, and manages the energy generated
• Phillips Edison buys energy to power common areas from Blue Sky at a 6-8% discount
• Blue Sky sells power to our small shop tenants at a 6-8% discount
Phillips Edison scores a major win in the relationship with the new roof installation backed by a 25-year warranty. Roof replacement can cost up to $500,000, which eats up capital budgets very quickly.
Check out the rest of Eric Richter’s blog post coming soon on LinkedIn!
PM POWER
PROPERTYACQUISITIONS
2017PLAZA 23
DATE: February 28
FUND: NTR II
LOCATION: Pompton Plains, NJ
ANCHOR: Stop & Shop
BELLS FORK PLAZA
DATE: March 1
FUND: NTR II
LOCATION: Greenville, NC
ANCHOR: Harris Teeter
TANGLEWOOD COMMONS
DATE: March 9
FUND: TPG
LOCATION: Clemmons, NC
ANCHOR: Harris Teeter
CRASH & BURN
DIDN’T SEE THE WALL THEREProperty: 51st & Olive SquareProperty Manager: Steve DemaraisDetails: The driver lost control of her vehicle and drove through the block wall. No injuries were reported.
BELLS FORK PLAZA, NC
BUILDING A SUSTAINABILITY PROGRAM STARTS WITH SUSTAINABLE RELATIONSHIPS
Not on PECO’s Watch! This month, our Property Managers share their experiences with car crashes and floods at different properties. The moon must have some kind of gravitational pull.
FIVE TOWN PLAZAPOWELL VILLAPOWELL VILLA
STONEWALL PLAZA 51ST & OLIVE SQUARE
NOT THE GAS!Property: Five Town PlazaProperty Manager: Nina ReganDetails: A scary scene unfolded at Burger King. A driver mistakenly stepped on the gas pedal and drove into the Burger King dining room. No serious injuries were reported and the restaurant was back in business in two hours.
DRUGS, DRINKING & DRIVING DON’T MIXProperty: Stonewall PlazaProperty Manager: Cheri BlossDetails: An intoxicated driver drove her vehicle into the ABC Store. To make matters worse, she also had drug paraphernalia in her possession. In the words of Cheri Bloss, “She did not pass GO and collect $200; she went directly to JAIL!”
DEPT. DOWNLOAD
109
Comspark, Cincinnati’s first IT Educational Tech and Innovation Conference, was held in the fall of 2016. Shaun Smith, Tom Hess and Jason Bazar not only attended, but were involved in several events!
Jason participated in a panel on security analytics around threat detection, Shaun was on a panel on attracting and retaining IT talent, and Tom was recognized as a Cincinnati rising tech star. In addition, Shaun received the IT Leadership Award.
Stop by the IT office area in Cincinnati to check out their awards and the Sync Cincinnati Magazine issue that features Shaun!
CELEBRITY SIGHTING IN THE IT CORNER!Next time you walk up onto the 3rd floor, be aware that you are among celebrities. The IT team has been out and about, making the news and winning awards! Here are just a few things that they’ve been up to:
LET’S GO KROGERING WITH TRANSACTIONS
Shaun was featured twice in Sync Magazine last year and is a Real Estate Advisor on the board for Realcomm.Read about it at sync-magazine.com/2017/phillips-edison.
IT is holding an X-box Battlefront tournament in the afternoon on the last Friday of every quarter starting March 31! Contact Tom Hess if you want to be in the bracket.#ITAWESOME
Earlier this month, the transactions group had the opportunity to tour Kroger’s new Corryville store located adjacent to the University of Cincinnati. The property, which officially opened on March 9th, is a $30 Million total rebuild of an older Kroger store and is the grocer’s first multi-floor store format in the region.
Consisting of approximately 85,000 square feet, the store offers 54,000 square feet of sales area on the first floor and dedicated customer areas on the second floor, featuring:
• A beer and wine bar with café seating• Unique and fun décor like a living wall of plants
and art from UC College of DAAP
Amenities also include:• 24 beer taps for growler fills• A walk-in beer cave• A wide variety of grab and go foods like
sushi and pizza• Prepared foods featuring Asian, Mexican and
Indian cuisines• 20 self-scan checkouts (including six located by
the café), a pharmacy and more.
A Little Clinic and Clicklist will be offered in the coming weeks. This will be the largest Clicklist in the region with dedicated drive lanes in the parking lot for their Clicklist program.
#PEOPLEOFPECO
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MARK YOUR CALENDARS
People Working Cooperatively Repair Affair
When: May 13
PECO COMMUNITY PARTNERSHIP
WE HOPE YOU JOIN US...
PECO ASSOCIATES IN THE COMMUNITY
Are you involved with a charitable organization? If so please email
pecopartnership @phillipsedison.com
and let us know. We are compiling a list to go on PECONet so that
associates can make connections.
CHARITABLE DONATIONS
Did you know that the PECO Community Partnership
committee has funds available for donations? If you are involved with a charitable event, send us
an email to see how we can help. Again that email is pecopartnership
@phillipsedison.com.
12
TEAM NEWS
Richard and I were known to pull a few “harmless” pranks around the office and we decided to collaborate an awesome April Fools joke in the Salt Lake office. We decided to bring in donuts and “orange juice.” Although it looked like orange juice, it was actually the cheese packet from a box of Kraft mac ‘n cheese mixed with water.
So on April Fools day Richard and I set up the breakroom and stage it perfectly, and Joe Kindt enters with perfect timing. The words out of his mouth couldn’t have been more perfect, “donuts and orange juice, a slice of heaven!” Joe took a donut on a plate and poured himself a hefty
glass of cheese water. After one sip from his drink he ran to the sink and spit it out, exclaiming, “Guys, don’t drink that orange juice, I think something is wrong with it!” Meanwhile Richard and I are completely losing it!
Needless to say, Joe was a great sport about it and still laughs about it to this day. Unfortunately, he was the only person to fall for the prank in the office.
BEWARE OF THESE PRANKSTERS IN SLC
• Cherilyn Megill was recognized as one of the Top Marketing Professionals in 2017 by The News Funnel.
• Katelyn Armstrong and Adam Wloszeks were married on March 25.
• Mark Addy spoke at a Commercial Real Estate Networking Lunch in Cincinnati on March 8.Attendees included Cushman Wakefield, Al Neyer and 3CDC. Mark’s presentation covered a company
overview as well as PECO’s grocery model and focus.
• Scott Adair spoke to the Utah ULI Young Leaders Group as part of their “Young Leaders Lessons Learned Series” on March 1. Each event in this series features one professional from a variety of disciplines to share knowledge about important “Lessons Learned” in their own careers with young professionals under the age of 35.
PROMOTIONS & MOVES
• Donna Cluxton has been promoted to Manager of Property Accounting.
• Dustin Pierce was promoted to Senior Project Manager.
• Effie Perdikakis has been promoted to Senior Manager of Property Accounting.
• Erik Taylor was promoted to Senior Underwriting Analyst.
• Kassi Foote has been promoted to Director of Acquisitions, Central Region.
• Nancy Fletcher has been promoted to Team Lead of Billing, a new role within the Lease Billing group.
• Navin Srinivasan has been promoted to Director of Acquisitions, Midwest Region.
• Pam Dreisilker will be moving to the new Billing Team within Tanya Fox’s department as a Billing Specialist.
• Steve Brozo was promoted to Senior Project Manager.
WOMEN’S HISTORY MONTHPECO NOW celebrated by holding their PECO NOW & THEN event on March 22. The female trailblazers and history-makers fun kicked off with a few rounds of trivia and culminated in a showing of the documentary, “Makers: Women in Business”. Congratulations to our trivia winners: Anna Sevier, Cindy Bleikamp, Marta Bowling and Quinn Gadow. Thank you to the PECO NOW Committee Members who put together this fun event: Cassie Vome, Paige Natoli and Allison Lembright.
GIRLS ON THE RUNSave the date for Girls on the Run’s 5K event on May 13 in Cincinnati. Activities begin at 2 p.m. and the run begins at 4 p.m. EST. Stay tuned for more details on how you can be involved!
SUPPORTING MOMSInterested in supporting a PECO mom making the transition to and from maternity leave? Contact Emily Kendall for more details.
ORGANIZING & SHARINGPECO Community Partnership held their first event of 2017 on March 15th at Matthew 25: Ministries. Thanks to all who donated their time! In total, 18 PECO associates and 11 of their friends and family members donated 58 hours of community service. The group inspected mens dress clothes that will be shipped to countries like Haiti and Nicaragua to provide men with suits for job interviews.
MAKE-A-WISHDo you have frequent flier miles to help make wishes come true? Every mile donated helps wish kids and their families travel to destinations around the world. Once donated, your miles will never expire and are used to support wishes across the country. Visit PECONet’s PECO Partnership page for a link to donate or contact Rene Feder for more information.
RACE FOR THE CUREThe Salt Lake City office is putting together a team for the 2017 Susan Komen Race for the Cure on Saturday, May 13. Contact Fred Reynolds for more information.
TOILETRIES PLEASEThe Salt Lake PECO Partnership team is collecting unused toiletries from hotels (soap, shampoo, conditioner, lotion) for those in need. If you’re located in the Salt Lake office and doing any traveling or if you are visiting the Salt Lake area, save the unused items from your hotel room and drop them off in Colleen Johnson’s office.
Have a Heart Bowl-A-Thon
When: August 27
2nd Quarter Half-Day Event
When: June 7
3rd Quarter Event
When: September 16
RICHARD CHILDS
KEVIN HEGLIN
13
#PEOPLEOFPECO
TOP LEFT TO BOTTOM RIGHT: Team bonding takes on a new meaning in Salt Lake City when you are on a mountain bike! • Look at that view! Meetings are much better with those sights. • Thank you to everyone who donated for the Hoxworth Blood Drive on March 21. Megan Wells and Scott Spangenberg prove there’s always time for selfies -- even while donating blood. • Julie Schwierling and 18 other associates and family members organized men s suits for Matthew 25: Ministries. • Great job to everyone who volunteered for the Matthew 25: Ministries event on March 15!
14
TOP LEFT TO BOTTOM RIGHT: What a way to start that day! Accounting celebrated National Pancake Day by making homemade pancakes. Salt Lake City spent March 14 like true nerds - eating pie for National Pi Day • Carol Stallings and Anna Sevier were all smiles at the PECO NOW & Then event on March 22. • Trivia night may be fun when it’s about Women’s History but we take it very seriously in Cincinnati. It was all fun and games at PECO NOW & Then - just look at those smiles!
SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY
April1
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9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
ICSC West Texas Idea Exchange
Live Training Event - Understanding DiSC2:30 - 4:00 p.m. EST - CINPECO U Training Room
30
Newsletter Content Due
Live Training Event - Communicating with Tact, Diplomacy & Credibility9:30 - 10:30 a.m. EST - CINPECO U Training Room
Professional Retail Store Maintenance Association National Conference
Expense Reports Due
Live Training Event - Public Speaking Pointers2:30 - 3:30 p.m. EST - CINPECO U Training Room
OFFICE CLOSEDApril Fools - it’s already Saturday!
Be Kind to Lawyers Day
Did you know April birthdays can be found on the home page of PECONet and YouEarnedIt?!
Armed Forces Day Earth Day
Expense Reports Due Admin Professionals Day Arbor Day
PICKING THEM IS JUST THE BEGINNING
PHILLIPSEDISON.COM | 800.875.6585 | FOLLOW US
GROCERY FOCUSED. RETAILER CENTERED.It’s no surprise Phillips Edison has consistently been named one of the nation’s top acquirers of grocery-anchored shopping centers. We focus on grocery-anchored opportunities, then nurture them with our fully-integrated operating platform to ensure they blossom And we’re in the market for more!
Contact us today at [email protected] to schedule a meeting at ICSC RECon, S233 Q Street, South Hall.
PECO’S NEWEST
AD WILL RUN IN
THE APRIL ISSUE
OF SHOPPING
CENTERS TODAY
