Power Broker
Ray Schupp

Ray Schupp

Principal, H&R Retail, Inc.

Bethesda, MD 20814

Phone (240) 482-3611

Specialties
Landlord Rep (Retail), Tenant Rep (Retail)
Property Types
Office, Retail, Multi-Family
Markets
Baltimore, Washington, DC, Richmond VA, Hampton Roads
Bio
Ray is native Washingtonian specializing in retail tenant and landlord representation in the Washington DC, Maryland, Virginia and West Virginia markets. Ray joined H&R Retail as a Principal in 2015 and currently leases over 3M SF of retail space for developers such as Kimco Realty, Boston Properties, MetLife, Acadia Realty Trust, Howard Hughes Corporation, Madison Marquette, Skanska, Foulger Pratt, SJC Ventures, and Inventrust Property Management. Some of Ray’s notable projects include the repositioning of Kentlands Market Square (Whole Foods Market and Cinepolis anchored), West Broad Marketplace (Wegman’s and Cabelas anchored), and Merriweather District, among others. Ray facilitates store expansion strategies, site selection, acquisition, merchandising, securing anchor tenants and lease negotiation for tenants and developers. His broad experience spectrum stretches from suburban shopping centers to urban retail in mixed use developments. Ray has represented Restoration Hardware, Whole Foods Market, Target, Dave & Buster’s, PetSmart, BJ’s Wholesale Club, Weis Markets, Dick’s Sporting Goods, Field and Stream, Lowe’s Home Improvement, Golf Galaxy, Gabe’s, LA Fitness, iFly, JoAnn Fabric and Craft Stores, Michael’s Arts & Crafts, T Mobile, Merlin Entertainment (Legoland & Sea Life) and Ruth’s Chris. Ray won the WBJ “Best Lease” of 2022 for Legoland Discovery Center in Springfield, VA. Ray resides in Washington, DC with his wife and son.
Education
Drew University, B.A Economics & Georgetown University, MPS Real Estate
Affiliations
  • International Council of Shopping Centers (ICSC)