CHICAGO, IL – April 12, 2021 – ShopCore Properties today announced the appointment of Mark Gilbert as Chief Executive Officer, effective May 3, 2021.
Mr. Gilbert brings 30 years of industry experience to ShopCore, including in-depth knowledge and expertise in retail real estate. Mr. Gilbert joins the Company from Cushman & Wakefield, where he most recently served as Vice Chairman and leader of the firm’s Retail Investment Advisors National Team of Capital Markets brokers. Previously, Mr. Gilbert co-founded and served as President and Principal of Venturvest Realty Corporation, where he was responsible for a portfolio of more than four million square feet of retail space throughout Florida.
“Mark Gilbert is an experienced leader with a long and distinguished track record in retail real estate,” said Andrea Drasites, Managing Director in Blackstone Real Estate. “The ShopCore team has made significant progress on its strategy to optimize its portfolio and build its strong and stable tenant base anchored by best-in-class retailers. With a deep understanding of retail real estate trends, and financial, analytic and investment expertise, Mark brings an invaluable perspective that we believe makes him the right fit to support ShopCore’s ongoing momentum and best position the Company for the future.”
Ms. Drasites continued, “We would also like to thank the entire ShopCore team for their continued hard work and dedication over the past several months. We are fortunate to have such a strong bench of talent to support Mark in his new role.”
“ShopCore has a well-positioned portfolio of high-quality, well-located properties supported by a premier operating platform,” said Mr. Gilbert. “As retail dynamics continue to change, I look forward to working alongside this best-in-class team to ensure ShopCore stays ahead of the curve. We will remain focused on delivering enhancements across the portfolio, driving efficiencies across our platform, being the partner of choice for retail tenants across the country and serving our local communities.”
About Mark Gilbert
Mr. Gilbert spent more than two decades in various leadership positions with Cushman & Wakefield, most recently serving as Vice Chairman and leading the firm’s Retail Investment Advisors National Team of Capital Markets brokers. Prior to joining Cushman & Wakefield in 1997, Mr. Gilbert co-founded and served as President and Principal of Venturvest Realty Corporation. Previously, he worked at Centrum Development, a South Florida based real estate developer specializing in the development of grocery anchored shopping centers. Prior to this, Mr. Gilbert worked at KPMG, where he focused on real estate clients and financial institutions.
Mr. Gilbert is currently a member of the International Council for Shopping Centers (ICSC). He received a bachelor’s degree in Accounting & Finance from the University of Florida, and a master’s degree in Accounting from Florida International University.
About ShopCore Properties
ShopCore, a Blackstone portfolio company, is a vertically integrated real estate company with internalized leasing, development, property management, legal, accounting and asset management functions. Currently, ShopCore leases and manages 50+ shopping centers covering approximately 21 million square feet in 15 states. For more information visit: www.shopcore.com.
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