President, Grocery Anchored Retail
Michael Aide serves as President of New Market Properties, LLC. As the business unit leader for New Market, Michael is responsible for developing and implementing strategic initiatives, directing the deployment of capital for new investments, overall company and portfolio performance, and providing leadership to the talented New Market team. Previously, Michael served for five years as New Markets’ Director of Investments, leading the company’s portfolio expansion from 700,000 SF and 10 grocery-anchored shopping centers to more than 6.2M SF and over 50 centers with a total value of over $1.3B.
Before joining New Market, Michael served as Managing Vice President for AmREIT, a $1B publicly-traded retail REIT (formerly NYSE:AMY). He spent eight years at AmREIT’s Texas corporate headquarters in retail development, acquisitions, dispositions and asset management before moving to Atlanta to open the company’s southeast regional office. Michael is a business leader, with extensive market knowledge, who prides himself in developing long-term business relationships. He has over 25 years of commercial real estate experience in all facets of real estate having led acquisitions, dispositions, development, construction/project management, leasing, asset management, finance and property management.
Michael earned his B.A. in Economics from Hampden-Sydney College in Virginia and is a graduate of the Woodberry Forest School. He holds his real estate broker’s licenses in Texas and is an active member of the International Council of Shopping Centers (ICSC).