John Roche, CEO of ShopOne Centers REIT, has transitioned to the role of chairman, while Chris Reed, CIO, has been named CEO, and Mike Makinen, COO, has been promoted to president.
Roche first joined ShopOne in 2017 as CFO before being named CEO in 2019.
Reed, who possesses more than 15 years of retail real estate experience, joined ShopOne initially as executive vice president of acquisitions in 2020 before being promoted to CIO one year later. During his tenure, the company has made considerable progress enhancing the value of its portfolio by selectively disposing of noncore assets and recycling the capital to acquire high-performing grocery-anchored centers.
Makinen first joined ShopOne in 2021 after more than 25 years in retail real estate, where he held executive positions with SITE Centers, Equity One and Olshan Properties.
