Since 1990, David Rattner has worked in all facets of the commercial real estate business and phases of a developments life cycle. David has expertise in site selection, acquisitions, development, leasing, entitlements, tenant coordination, loan origination and sourcing equity partners, asset management, third party brokerage, consulting, loan workouts and dispositions. David’s area of focus today is on retail development and redevelopment opportunities with a primary geographical focus on Florida and he oversees the site selection and acquisition phase through the CO and eventual asset sale.
From 2003 through 2012, David was responsible for commercial real estate investment and development in Florida with CBL & Associates (NYSE “CBL”) and then privately held North American Properties and Konover South. While with CBL and NAP, David was directly responsible for the acquisition, design, entitlement, and leasing of more than a combined 3 million square feet of retail development opportunities valued in excess of $350 million and has negotiated deals ranging from relatively simple purchase agreements with land owners to complex joint venture agreements between retail industry icons. While at Konover South, David helped recapitalize a $100M+, nine property, 884,000 square foot shopping center portfolio.
David launched Blue Sky Holdings in 2008 and now primarily focuses on value added retail center and out parcel redevelopments in Florida.
David has developed strong, reliable relationships with many of the retail industry’s top real estate mangers and brokers. He has fully negotiated leases and sales contracts with prominent national retailers such as Publix, Target, Home Depot, Dick’s Sporting Goods, Best Buy, Bed Bath & Beyond, Ross Dress for Less, Staples, PetSmart, Petco, Books-a-Million, AC Moore, Five Below, Aspen Dental, Mattress Firm, Vitamin Shoppe and free standing pharmacy, bank, restaurant and petroleum companies such as CVS, SunTrust Bank, Wells Fargo, National City/PNC Bank, Starbuck’s, Chili’s, Bonefish, Bob Evans, Taco Bell, Shell, and Wawa.
Prior to David’s involvement in large scale retail development, he worked for Petroleum Services of Florida, a privately held owner/operator of Shell, Mobil, Amoco, and Hess branded service stations where he was responsible for rolling out the Florida expansion strategy which included all acquisitions and financing of gas station portfolios and individual acquisitions or developments. At PSF, David gained expertise in resolving the risks associated with environmentally sensitive properties, sourcing debt, working with CMBS loans, and in some situations also structuring loan workouts and negotiating discounted payoffs. David helped this petroleum retailer make the 1999 Inc. 500 Magazine as the 181st fastest growing privately held company in the United States.
Prior to PSF, David spent a combined eight years working as a commercial real estate broker for Grubb & Ellis and Stephen Rattner & Associates in Boca Raton, FL. David’s primary focus area was office, hotel, and retail properties and primary areas of expertise were leasing, acquisitions, dispositions, and consulting.
David is a graduate of the University of Florida and has earned two master’s degrees — a MBA from Florida Atlantic University and a Masters in Real Estate from the University of Florida. He is also a member of University of Florida’s Real Estate Advisory Board, the International Council of Shopping Centers, and is a licensed Florida real estate broker. He, his wife, and their two children reside in Florida.