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  <xs:element id="peco_LimitedPartnersCapitalAccountUnitsOutstandingRedemptionPeriod" abstract="false" name="LimitedPartnersCapitalAccountUnitsOutstandingRedemptionPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="peco_NoncontrollingInterestConversionRatio" abstract="false" name="NoncontrollingInterestConversionRatio" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="peco_NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest" abstract="false" name="NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="peco_RelatedPartyRecurringFeesMember" abstract="true" name="RelatedPartyRecurringFeesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_RelatedPartyTransactionalRevenueAndReimbursementsMember" abstract="true" name="RelatedPartyTransactionalRevenueAndReimbursementsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_RelatedPartyInsurancePremiumsMember" abstract="true" name="RelatedPartyInsurancePremiumsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_TaxProtectionAgreementMember" abstract="true" name="TaxProtectionAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_RelatedPartyTransactionTermOfContract" abstract="false" name="RelatedPartyTransactionTermOfContract" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="peco_SeniorUnsecuredNotesDue2031Member" abstract="true" name="SeniorUnsecuredNotesDue2031Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_SeniorUnsecuredNotesDue2032Member" abstract="true" name="SeniorUnsecuredNotesDue2032Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_SeniorUnsecuredNotesDue2033Member" abstract="true" name="SeniorUnsecuredNotesDue2033Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_SeniorUnsecuredNotesDue2034Member" abstract="true" name="SeniorUnsecuredNotesDue2034Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_SeniorUnsecuredNotesDue2035Member" abstract="true" name="SeniorUnsecuredNotesDue2035Member" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="peco_ReportableSegmentMember" abstract="true" name="ReportableSegmentMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
</xs:schema>
