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PREP Property Group (PREP) | Company Profile

1/18/2026

Contact Information

👤
PREP Property Group (PREP)
🏢
PREP Property Group (PREP)
📍
2750 Rasmussen Rd, Park City, Utah 84098, US

Industry & Market

Primary Industry
real estate
Location
Park City, Utah, United States

Company Metrics

👥Total Employees
18
⚙️Engineering
N/A
💼Sales Team
1
📈Marketing
3
📅Founded
2015
💰Revenue
24M

Funding Information

Annual Revenue
$24,000,000
Publicly traded company

Headcount Distribution

Total Employees
18
Departments
19

By Department

Department Breakdown

Accounting
Legal
Marketing
Operations
Finance
Human Resources
Others

Technology Stack

Analytics & Tracking

Google Tag Manager

Development

JQuery 2.1.1

Email & Communication

Outlook
Total: 12 technologies

Keywords & Focus Areas

retail real estatestrategic investment fund acqusitionsdevelopment servicesmanagementnet lease income fund acqusitionsacquisitionsretail asset repositioningproperty managementdistressed retail assetsnet lease investmentsretail redevelopment projectsretail asset managementretail leasing relationshipsretail leasingretailretail property transformationretail property redevelopmentb2bretail property acquisitionsrisk assessment+10 more
30 total keywords

PREP Property Group (PREP)

Overview

Specializing in retail property investments, this real estate company focuses on acquiring, redeveloping, leasing, and managing net lease properties, including lifestyle centers, power centers, and enclosed malls. The company was founded in May 2015 by Michael C. Phillips and is headquartered in Cincinnati, Ohio.

Targeting underperforming retail assets across the United States, the organization leverages its expertise in acquisitions, redevelopment, leasing, and property management to reposition distressed properties. Emphasizing single-tenant net lease acquisitions, it aims to transform retail real estate assets and provides a comprehensive platform for retail operations in a dynamic market environment.

Basic Information

Industry real estate
Founded 2015
Revenue 24M
Headquarters 2750 Rasmussen Rd, Park City, Utah 84098, United States
Languages English

Contact Details

Key Focus Areas & Initiatives

  • Retail real estate
  • Strategic investment fund acquisitions
  • Development services
  • Management
  • Net lease income fund acquisitions
  • Acquisitions
  • Retail asset repositioning
  • Property management
  • Distressed retail assets
  • Net lease investments
  • Retail redevelopment projects
  • Retail asset management
  • Retail leasing relationships
  • Retail leasing
  • Retail
  • Retail property transformation
  • Retail property redevelopment
  • B2B
  • Retail property acquisitions
  • Risk assessment
  • Value-add retail investments
  • Retail property repositioning
  • Retail market analysis
  • Construction management
  • Tenant upgrade strategies
  • Lessors of nonresidential buildings (except miniwarehouses)
  • Services
  • Consumer products & retail
  • Enterprise software
  • Enterprises
  • Computer software
  • Information technology & services

Technologies Used

  • AI
  • Amazon AWS
  • Apache
  • Google Maps
  • Google Maps (Non Paid Users)
  • Google Tag Manager
  • JQuery 2.1.1
  • Microsoft Office 365
  • Mobile Friendly
  • Outlook
  • Remote
  • WordPress.org

Affiliated Organizations & Regional Branches

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