Shopping Center Business

MAY 2015

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

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126 • SHOPPING CENTER BUSINESS • MAY 2015 Ala Moana and Fashion Show. She also worked with Ball at The Rouse Company. Paquette was the fourth employee hired at Starwood Retail Partners. Rob Hense is the senior vice president of development for Starwood Retail Part- ners. He leads a team that is responsible for all the renovation, expansion and an- chor store development projects that the company is undertaking. Hense was pre- viously a vice president of real estate with Apple. For eight years before that, he was head of real estate for Crate and Barrel, overseeing store development, real estate, construction and architecture. Ed Coury is senior vice president and director of leasing for Starwood Retail. One of the early hires in October 2012, he was brought on to create a leasing staff and leasing strategy for the company. Coury brings a retailer's perspective to leasing, having served most recently as senior vice president of leasing and construction for Charlotte Russe. He also held real estate roles with Gap, Chico's and The Rouse Company. Mark Brown is vice president and head of technology and shared services, run- ning lease administration, tenant coordi- nation and information technology. He was previously chief information officer at Urban Retail Properties, and also worked for Simon Property Group. Kevin Halleran is vice president of ac- counting and financial reporting. He is in charge of corporate and property ac- counting, and reporting for each of the company's investment funds. Halloran joined from Rouse Properties. Megan Van Pelt joined Starwood Re- tail Partners as vice president of human resources from Kmart, where she held a similar role. She's also held human re- source roles with JLL, Lend Lease and Federated Department Stores. Van Pelt's biggest challenge is keeping up with the talent that wants to join Starwood Retail; the company has received more than 700 resumes in the last five months. Josh Patinkin is vice president of fi- nance and investments. Patinkin serves as a bridge between the fund investors and Starwood Retail on reporting as well as keep the parent company apprised on developments. Patinkin was formerly an analyst with BMO; prior to that he worked at General Growth Properties. The only interim member of the team is Mike Berry, who serves as interim chief financial officer. Berry jokes that he is "on loan" from Starwood Capital. He served as chief accounting officer for Starwood Property Trust, a publicly-traded mort- gage REIT. Wolstein said that he harkened to his days of launching DDR in the early 1990s; that company's staff also grew quickly af- ter its IPO. Van Pelt says that a lot of new employ- ees have come to the company through networking of existing Starwood Retail employees. With more than 300 em- ployees today, Starwood has had explo- sive growth in head count over the past two years. "We have had an opportunity to build the team and the culture that we want from the ground up," she says. "You don't get that at most companies." One of the attractive features of the company for many has been its status as the mall industry's first start-up in a long time. "While being a start-up sounds exciting to many, it is a lot of heavy lifting on a daily basis," says Van Pelt. "We are build- ing the foundation of the company, so it is a rigorous process." At the center level, Paquette says, it is Starwood's intent to keep the teams op- erating the centers it acquires. However, it performs a review of every employee to make sure they have what it takes to Starwood has an initiative to create more restaurant districts at its centers. Pictured is Plaza West Covina in West Covina, California. Rob Hense, senior vice president of development. Megan Van Pelt, vice president of human resources. Ed Coury, senior vice president and director of leasing.

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