PREP Property Group is a vertically-integrated real estate company founded by Michael C. Phillips, co-founder of Phillips Edison & Company, and built on the foundations of Phillips Edison’s strategic and net lease real estate divisions. PREP is focused on transforming retail real estate by repositioning lifestyle centers, power centers and enclosed malls that are under-managed, capital starved, poorly merchandised and / or distressed. PREP also acquires and manages well-located, triple-net retail properties from non-institutional sellers and creates value through lease restructure or tenant upgrade. For more information, please visit our website at www.preppg.com Toll Free: 844-877-4153
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The PREP Property Group (PREP) annual revenue was $7 million in 2026.
Sara Brennan is the COO of PREP Property Group (PREP).
49 people are employed at PREP Property Group (PREP).
PREP Property Group (PREP) is based in Park City, Utah.
The NAICS codes for PREP Property Group (PREP) are [5313, 53, 531, 53131].
The SIC codes for PREP Property Group (PREP) are [653, 65].