NEW YORK--(BUSINESS WIRE)--ShopOne Centers REIT Inc., a private real estate investment trust (REIT) focused on acquiring, operating and managing market-dominant, grocery-anchored shopping centers, today announced that it has appointed seasoned executive John Roche, CPA, MBA, as Chief Financial Officer. Mr. Roche, who possesses nearly 30 years of finance experience, has held prominent positions with leading retail REITs including Retail Opportunity Investment Corp. (“ROIC”) and New Plan Excel Realty Trust (“New Plan”).
“John is a highly-respected finance professional in the REIT sector and brings to ShopOne significant accounting and finance expertise,” said Michael Carroll, chief executive at ShopOne. “John’s experience, insights and leadership will prove invaluable as we strategically grow the ShopOne platform.”
Mr. Roche comes to ShopOne from Devonshire, where he spent the past year serving as a senior finance executive. In this role, he was responsible for developing property and corporate level models, reviewing financial information and helping to close the REIT’s transaction. Prior to Devonshire, Mr. Roche spent time at ROIC serving as Chief Financial Officer, playing an instrumental role in launching their platform; Gramercy Capital Corp serving as Chief Financial Officer; and New Plan serving as Executive Vice President and Chief Financial Officer.
Mr. Roche holds a Bachelor of Arts from Queens College and a Master of Business Administration from Columbia University. He also currently sits on the Board of Directors for MLMC Holding Company, LLC.
ShopOne Centers REIT Inc. is a private real estate investment trust that is focused on acquiring, operating and managing market-dominant, grocery-anchored shopping centers in densely populated, fundamentally strong markets across the country. ShopOne and its affiliates own and/or manage 46 shopping centers in eight states with more than 4.65 million square feet of gross leasable area. Many of the nation’s leading necessity-based retailers including Kroger, Target, and TJX call ShopOne’s properties home. To learn more about ShopOne, please visit www.ShopOne.com.