Richard F. Dube
By admin May 16, 2017
Mr. Dube has over 45 years of experience in the commercial real estate and grocery store industries. He is founder, president and owner of Westchester, Illinois-based Tri-Land Properties, Inc., a full service real estate company recognized nationally for its ability to conceive and execute successful, high-quality, value-add retail redevelopments, founded in 1978.
Mr. Dube’s successes span every segment of the development spectrum, from acquisition, capital investments and construction, to development, leasing, operations and public/private partnerships. Mr. Dube and his company have developed, leased and managed more than 7.0 million square feet of retail space in 41 properties, located in eight states. Tri-Land currently owns and manages more than 1.7 million square feet of retail in 6 shopping centers ranging in size from 110,000 to 400,000 square feet.
His expertise in identifying and repositioning underutilized and underperforming retail properties has become a defining element in Tri-Land’s identity and a hallmark of its success. Unafraid to buck conventional wisdom and pursue innovation beyond raw demographics, Tri-Land’s passion for seeking out opportunities that others have overlooked, has proven to be a strategic advantage for its retailers, investors and the communities in which it operates.
Prior to forming Tri-Land Properties, Mr. Dube served as vice president of real estate and construction for Loblaw Ltd., a large Toronto, Canada-based supermarket chain that operated more than 150 stores. While serving in that capacity, he and his team were responsible for opening 20 new stores and completing 15 remodels. Mr. Dube’s career began at Jewel Food Stores, the leading supermarket chain in Chicago, where he became Chicago store location manager at the age of 23. In that position, Mr. Dube was principally responsible for identifying, assembling and developing all supermarket sites for Jewel within the City of Chicago, including six inner-city stores, two of which were built on former industrial sites.
Mr. Dube, who is a 1972 graduate of Western Michigan University, earned his Master’s Degree from Cornell University in 1976. He serves on the Cancer Leadership Committee of Rush University Medical Center; the Board of the Graduate Program in Real Estate for Cornell University; and is a Emeritus Member of the Board of the Dyson School of Business Program for Cornell University.