PREP | Company

Everything Retail

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.

SINGLE TENANT NET LEASE

PREP’s Net Lease 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.

Acquisitions

Chris Phillips
Vice President of Investments, Net Lease
Office (801) 415-4365

Jason Jarchow
Director of Transactions, Net Lease Strategies
Office (513) 338-2739

Lloyd Sova
Vice President of Development & Acquisitions
Office (513) 746-2593

Corporate Marketing/Public Relations

Michelle Devlin
Director of Corporate Leasing & Marketing
Office (513) 824-7135

Asset Mgmt/Accounting

David Schorsch
Vice President of Asset Management
Office (513) 746-2612

Natalie Minton
Vice President, Accounting
Office (513) 619-5050

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

Legal

Vivian Knight
Vice President of Legal Services
Office (513) 619-5045

David Meranus
Director of Legal Services
Office (513) 906-6293

Kendra W. Bowers
Senior Transactions Counsel
Office (435) 602-4718

Catherine Fuge
Real Estate Attorney
Office (435) 602-4723

Development

Lloyd Sova
Vice President of Development & Acquisitions
Office (513) 746-2593

Quentin Koopman
Director of Construction
Office (513) 746-2573

Leasing

Corporate Leasing

Numa Jerome
Vice President of Leasing
Office (513) 906-6304

Michelle Devlin
Director of Corporate Leasing & Marketing
Office (513) 824-7135

Eric Collich
Leasing Director
Office (513) 906-6298

Tiffany Wilson
Leasing Coordinator
Office (513) 746-2577

Hanover Crossing
Lisa Butler
Regional VP Leasing
Office (617) 733-0397

Hillside Village
Gretchen Miller
Weitzman Group
Office (214) 720-6687

Posner Commons
Gavin Walsh
TSCG
Office (407) 788-0543

Shadow Lake Towne Center
Amber Olson
Access Commercial, LLC
Office (402) 502-1983

Everything Retail

About Us