Dave Wik joined Phillips Edison & Company for the second time in 2010. Since rejoining PECO, he has sourced the acquisition of over 100 grocery-anchored assets representing over $1 billion of investments for the firm’s multiple REITs. He had previously spent three years with PECO between 2003 and 2006 as an acquisitions officer where he sourced over $250 million for the firm’s value-add funds.
In between, he spent four years with Midland Atlantic Development where he started and ran an acquisition platform for the company, which had previously been focused purely on ground up development. With Midland Atlantic, Dave was able to help source equity and debt to acquire a portfolio of over $100 million of value add assets heading into the recession that have weathered the storm and provided well-above market returns to the company’s investors. Prior to that, Dave was with PNC Bank in their commercial real estate lending group where he held various roles from analyst, to portfolio manager to relationship manager.
Dave is an active member of the International Council of Shopping Centers (ICSC) and a member of the Board at Rivers Crossing Community Church. He serves on the Board of Joshua’s Place, which helps individuals and families overcome the barriers in their lives that cause instability.
Dave holds a Bachelor of Business Administration in Real Estate and Marketing from the University of Cincinnati.
Favorite PECO Core Value
Have Fun & Get it Done – “Those that know me well know that I love to have a good time. I don’t think work and fun should be mutually exclusive. In fact, I’ve found that if I can’t have fun while working, it makes me less productive, and not being productive drives me crazy. I highly value achievement and results so I love the “Get it Done” component of this value and I truly believe we can all get more done if we’re having fun along the way. I love that PECO is not only okay with having fun at work, but encourages it!”