ShopOne Centers REIT Inc., a private real estate investment trust that invests in grocery-anchored shopping centers, has promoted Bob Dake to chief operating officer and Tom Shine to senior vice president, property management. Previously, Dake served as ShopOne’s executive vice president of leasing, while Shine was the company’s vice president of property management.
“The promotions of Bob and Tom are well deserved, as they have played critical roles in advancing the growth of our business and strengthening our relationships with flagship national and local retailers,” said John Roche, chief executive officer and chief financial officer of ShopOne. “As the retail sector continues to undergo a reinvention, their extensive experience and deep industry connections will be assets in helping our shopping centers remain the preferred destinations for both legacy brands and emerging retailers.”
Dake has been with ShopOne since 2018, and in his previous role, he was responsible for leading leasing and merchandising strategies. Prior to joining ShopOne, he served as vice president of national accounts at Brixmor, where he managed relationships and leasing activities with major retailers across the firm’s national portfolio.
Dake, who is a member of the International Council of Shopping Centers and serves on the organization’s New York Next Generation and NEXUS Planning Committees, holds a bachelor’s degree from Miami University and a certificate in real estate finance and investment from New York University.
Shine, who has more than 32 years of experience in commercial real estate, joined ShopOne at its founding in 2017, after serving as director of property management at Devonshire REIT since 2014. He previously served as regional director for Kimco Realty, and over the course of his career, has managed properties throughout the East and West Coast, and the Midwest, totaling more than 19 million square feet.
In addition to the promotions of Dake and Shine, ShopOne also promoted three additional construction, finance and property management team members. Jack Ventimiglia, who joined ShopOne in 2017, was named vice president of construction; Michael Price, who has been with the company since 2018, is now vice president of finance; and, Mary Garcia, who came to ShopOne in 2019, was appointed assistant property manager.
ShopOne Centers REIT is an owner, operator and manager of grocery-anchored shopping centers. The company’s retail centers are located in established trade areas and include a mix of non-discretionary, value-oriented and grocery retailers.