RPT Realty has hired Tyler Sorenson as Managing Director to lead investments for its newly formed core net lease retail real estate platform (the “Platform”) with co-investors GIC Private Limited, Zimmer Partners and Monarch Alternative Capital LP. Mr. Sorenson joins RPT from Spirit Realty Capital, where he most recently served as Vice President of Acquisitions. In this role, Mr. Sorenson oversaw nearly $1.5 billion of retail acquisitions over the past two and a half years. Prior to leading Spirit’s retail acquisitions Mr. Sorenson was Vice President, Asset Management where he was responsible for leading a team that managed a portfolio of approximately 800 net-lease properties. Mr. Sorenson has more than 16 years of shopping center and net lease experience including roles at GE Capital and Regency Centers, where he developed a strong reputation among leading franchisees, retail operators, brokers, private equity sponsors and investment bankers across the real estate industry. At RPT, Mr. Sorenson will work closely with RPT’s management team and the Company’s co-investors to deploy the Platform’s committed capital over the next three years. The Platform will target the acquisition of over $1.2 billion of net lease retail assets that deliver attractive risk-adjusted returns, including the acquisition of assets that have been sub-divided from multi-tenant retail centers acquired or owned by RPT. Mr. Sorenson will report to Brian Harper, President and Chief Executive Officer of RPT.