Ray Schupp

Ray Schupp

Meet Ray

A native Washingtonian, Ray grew up in the commercial real estate business. He currently specializes 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, Madison Marquette, The Peterson Companies, Perseus Realty, Foulger Pratt, Trammell Crow Residential, and NV Retail. Some of Ray’s notable current projects include the repositioning of Kentlands Market Square (Whole Foods Market and Cinepolis anchored) and West Broad Marketplace (Wegman’s and Cabelas anchored), among others.

Ray facilitates store expansion strategies, site selection, acquisition, securing anchor tenants and lease negotiation. 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, Kohl’s, Dick’s Sporting Goods, Field and Stream, Golf Galaxy, Gabe’s, LA Fitness, iFly, JoAnn Fabric and Craft Stores, Michael’s Arts & Crafts, T Mobile, McDonald’s, Merlin Entertainment (Legoland & Sea Life) and Ruth’s Chris.

Education, Affiliations & Achievements

  • B.A. Economics, Drew University
  • MPS Real Estate, Georgetown University
  • Member, ICSC
  • Runner Up, Retail “Deal of the Year” by WBJ 2011
  • Power Broker of the Year 2008, 2009, 2012, 2013, 2014, 2016
  • Board of Trustees, Washington Episcopal School


Ray has closed over 7M SF of anchor, restaurant and retail space during his career