Phillips Edison & Company (PECO) S-11/A Registration of securities for real estate companies (amended)

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the use in this Amendment No. 4 to Registration Statement No. 333-164313 of our report dated March 1, 2010, relating to the financial statement of Phillips Edison—ARC Shopping Center REIT Inc. appearing in the Prospectus, which is a part of such Registration Statement, and to the reference to us under the heading “Experts” in such Prospectus.

/s/ Deloitte & Touche LLP

Cincinnati, Ohio

July 28, 2010