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In addition to her role as CEO of ShopCore, Andrea (“Andy”) Drasites is a Managing Director at Blackstone in the Real Estate Group. Ms. Drasites is the sector head responsible for retail, gaming, data center, media studio and International Market Centers investments in the Americas. As a sector head for these investments, she is responsible for asset and company level strategy, capital allocation and management of portfolio company and JV operators.
Since joining Blackstone she has played a key role in the acquisition and asset management of several marque investments including QTS, Brixmor, ShopCore, Edens, Excel Trust, RioCan, International Market Centers, and the Cosmopolitan of Las Vegas. Ms. Drasites currently serves on the board of directors for 5 Blackstone companies.
Prior to joining Blackstone, Ms. Drasites was responsible for asset management, acquisitions and dispositions at Equity One, Inc., a publicly-traded shopping center REIT which has since merged with Regency Centers. She began her real estate career at Woolbright Development where she worked across multiple functions including acquisitions, dispositions, asset management, leasing development and operations.
Ms. Drasites received a BA in International Business from Rollins College and an MBA from the University of Florida with honors. Ms. Drasites is a leader in the Blackstone Diversity & Inclusion Task Force and a member of the University of Florida’s Real Estate Advisory Board as well as the International Council of Shopping Centers Board of Trustees and Executive Board. She is an active member of ULI and is an active supporter of the Alliance for Lupus Research and ASPCA.