Founded by Michael Rue in 1985, Marketplace Properties a respected development and management firm, is known for long term thinking and treating people right.

 
"I've had the pleasure to work with Marketplace for over 10 years.  They're very professional and have always done what they said they would do.  I would highly recommend them for any type of retail development."

Ron Pepper - Retail Insite

 

Marketplace Properties was founded in 1985 by Michael Rue and is based in Tustin, California. It has developed 24 successful neighborhood shopping center projects in California and Arizona.  Marketplace also owns properties in Colorado, Ohio, Texas, Louisiana and Georgia. 

Primarily the projects are anchored by a supermarket and or drugstore such as Albertson’s, Henry’s Farmers Market, Ralphs and/or CVS, Walgreens or Rite Aid. They have also worked with some of the premier ethnic supermarket and retail chains such as Gigante, El Tapatio Markets, Saigon City Marketplace and Famsa.

Marketplace’s primary focus is commercial retail and has experience in mixed-use development. Of the projects it has developed, one-half are the rehabilitation or remodel of existing commercial properties and the other one-half are new construction projects. 

Marketplace has been awarded numerous times by various municipalities in recognition for design excellence as well as retail development projects of the year. They take special pride in their work and strive to leave every project taken on far better than it was found. 

Since its inception, Marketplace has developed over 1,500,000 square feet of leasable building area at a value of over $250,000,000.

Marketplace Properties is also involved in the craft beer and real estate software businesses:

The Bruery, a boutique craft brewery located in Orange County, CA specializing in barrel aged and experimental ales. Founded as a small, friend & family run business in 2008, The Bruery takes it’s unique moniker from founder Patrick Rue’s family surname. www.thebruery.com 

Based on our experience managing real estate there is never a lack of things that need to get done.  So we developed Common Areas, a free software application to make it easier to communicate with the people you work with, with total clarity, accuracy and immediacy.  It's simple to use, and let's you create action items with text, images and even geo-pinpoint location.  So you can get all your tasks done. Right. Now.  www.commonareas.com

 

 

 

Partners

Michael M. Rue
CEO, Founder

J. Casey Rue
COO

 

Bios

Michael M. Rue,

Founder and Chief Executive Officer of Marketplace Properties. He previously served as Assistant General Counsel at Vons Grocery Company and as Executive Vice President at Westar Associates.

Mike earned a B.B.A. from Loyola University in Los Angeles and a J.D. degree, from Loyola University School of Law.

He has been a member of the Board of Trustees of Xavier University, New Orleans since 2004, and has served as its chairman since October 2012.

Mike also helped start and is an owner of The Bruery, a boutique craft brewery specializing in barrel aged and experimental ales.  In addition he helped start and is co-owner of Common Areas, a real estate and facilities management software company..

Michael is also a long time member of Vistage (25+ years), ICSC (International Council of Shopping Centers), the California State Bar and is a California Real Estate Broker.

J. Casey Rue

Casey has worked for Marketplace for over 15 years. During that time has held the roles of Project Coordinator, Property Manager, Construction Manager, Director of Acquisition, Vice President and Chief Operating Officer.  He has contributed to the development and asset management of over 750,000 square feet of retail space at a market value of over $130 million.

Casey is also the Founder and CEO of Common Areas, the ultimate get stuff done application.  Common Areas is a free and easy-to-use application for desktop or mobile that gives its users, and anyone they work with, everything needed to organize their work and communicate with clarity and pinpoint accuracy.  It empowers them with text, images and geotargeting to clearly set expectations and provide feedback on progress, so they're always up to speed and know that everyone is on the same page.

Casey is a long time member of Vistage (10+ years) and ICSC (International Council of Shopping Centers.)

"What stands out to me is the quality of personnel at Marketplace - from the President to the construction manager to their internal property management - everything is done in a first class, professional, yet fun environment."
Tony Archer - Voit Real Estate Services
 
"I had the opportunity to work for Marketplace Properties on multiple projects over the past 10 years and have found them to be among the most capable and diligent owners and developers in the industry.  Their high degree of expertise, understanding of the marketplace and pro-active attitude makes them a pleasure to work with.  I would wholeheartedly endorse Marketplace to anyone looking to work with them"
Matt Burnett - CBRE
 
"I have worked with Mike and Casey as their leasing agent.  They are dependable, consistent and fair in their views.  If they say they are going to do it, it will be done.  I have enjoyed working for them over the decades and look forward to doing so some more."
Don Zech - CDC Commercial 
 
"The partners at Marketplace are knowledgable, honest and forthright.  I can truly say that I have not dealt with a more professional group in my twenty-five years in this business."
         John Morrisette - American Beauty Development (Victoria Arbors Master Developer)
 
"As a former retailer, I appreciate the straightforward approach Marketplace takes in dealing with those critical to the success of their project, whether it is the major anchor, small tenant shop owners or governmental agencies; they strive to deal fairly and consistently."

Tom Gast - Gast Retail Group (Formerly Sr. Vice President - Ralphs)

 

"I've had the pleasure to work with Marketplace for over 10 years.  They're very professional and have always done what they said they would do.  I would highly recommend them for any type of retail development."
Ron Pepper - Retail Insite