Everything Retail
About Us
Our mission is to be the industry leader in transforming retail real estate assets. PREP was founded in May of 2015 by Michael C. Phillips, co-founder of Phillips Edison & Company. Within Phillips Edison, the team deployed two strategic funds and one net lease income fund on behalf of friends and family investors. PREP now seeks to grow the net lease and strategic divisions on a separate and more specialized management platform. PREP’s management team focuses specifically on repositioning retail assets in the market, bringing a long history of acquisitions, development, merchandising, leasing and property management experience. PREP understands that the retail landscape is constantly changing; PREP’s specialized and nimble team combines deep knowledge of real estate fundamentals with detailed evaluation of consumer, market, and retail trends.
STRATEGIC INVESTMENTS
PREP’s Strategic Investments division targets opportunistic and value add retail assets in infill locations throughout the country. The asset classifications include power centers, malls and mixed use properties with a minimum size of 150,000 square feet. The team looks to reposition cash flowing value add investments and distressed assets requiring light or heavy redevelopment. Our highly experienced leasing team with exceptional retailer relationships adds value in countless ways, allowing us to grasp both the potential and pitfalls of retail and mixed-use properties.
NET LEASE INVESTMENTS
PREP’s Net Lease Investments division acquires well-located, primarily non-institutional grade, single tenant net leased retail properties throughout the United States. The team aims to acquire a diverse mix of tenant credit, uses, and geographies including auto parts, convenience stores, pharmacies, casual dining, quick service restaurants, banks, junior, mid, and big box retail, dollar stores, and medical uses in active retail markets. Our team benefits from PREP’s fully-integrated operating platform for acquisitions, dispositions, development, redevelopment, leasing and property management. Our focus is to identify sites with strong real estate fundamentals and improve the leases, terms or creditworthiness creating value in the assets and the portfolio.
Leadership
Led by an executive team with decades of experience in all aspects of retail acquisition, finance, development, leasing and operations,
PREP is masterfully guided and poised for continued success.
Partner, Chief Executive Officer
Partner, Chief Operating Officer
Chief Investment Officer
Chief Development Officer
Our Team
Acquisitions
Roy Williams
Chief Investment Officer
Office (801) 983-6301
Chris Phillips
Vice President of Investments, Net Lease
Office (801) 415-4365
Bob Sherry
Vice President of Investments, Strategic Investments
Office (503) 538-1096
Jason Jarchow
Director of Transactions, Net Lease Strategies
Office (513) 338-2739
Finance/Asset Management
David Schorsch
Vice President of Asset Management
Office (513) 746-2612
Corporate Marketing/Public Relations
Michelle Devlin
Office (513) 824-7135
Redevelopment
Mark Wilhoite
Chief Development Officer
Office (513) 956-5650
Lloyd Sova
Vice President of Development
Office (513) 746-2593
Human Resources
Joe Kindt
Vice President of Human Resources
Office (435) 602-4729
Investor Relations
Tim Brennan
Vice President of Fund Management
Office (310) 424-8563
Danielle Ball
Investor Relations/Research Manager
Office (435) 602-4732
Leasing
Numa Jerome
Vice President of Leasing
Office (513) 906-6304
Lisa Butler
Hanover Crossing
Regional Vice President of Leasing
Office (617) 733-0397
Michelle Devlin
The Shoppes at Parma
Office Leasing
Office (513) 824-7135
Rusty Myers - Jones Lang LaSalle
The Kenwood Collection
Office Leasing
Office (513) 252-2158
Property Management
Ellen Prows
Senior Director of Property
Management
Office (513) 288-9130
Michelle Devlin
General Manager,
The Shoppes at Parma
Office (513) 824-7135
Ed Callahan
General Manager,
Hanover Crossing
Office (781) 826-7386
Matt McCombs
General Manager,
Shadow Lake Towne Center
Office (402) 537-0046
Rolando Albino
General Manager,
Posner Commons
Office (407) 664-5811
Legal
Vivian Knight
Vice President of Legal Services
Office (513) 619-5045
Meagan D. Webb
Director of Legal Services
Office (513) 906-6314
Kendra W. Bowers
Real Estate Attorney
Office (435) 602-4718
Careers
The continued growth of our company creates employment opportunities in every field of the retail real estate industry. Our employees are the heart of the organization, and we are committed to hiring, developing and keeping the best retail real estate pros in the business. Our current positions available are listed below.
General Manager/Property Operations - Cedar Hill, Texas
Due Diligence Manager- Park City, Utah
Staff Accountant- Cincinnati, Ohio