Shane Omar brings nearly thirty years of real estate development experience to Weller Development, positioning the team for continued growth
Weller Development Partners today announced the hiring of veteran real estate development executive Shane Omar as a new partner. With decades of critical experience acquiring and developing major commercial real estate projects throughout the United States, Omar will work across all departments of Weller Development, focusing on pre-development and construction execution, and he will also play a key role in new acquisition evaluation and business development.
“I’m absolutely thrilled to join Weller Development Partners and their triple bottom-line approach,” said Omar. “Marc Weller and the Weller team have made a significant impact in our industry and in the communities in which they work, and the projects they are undertaking are exciting and transformational. I’m looking forward to leveraging my knowledge, experience, and skills to support the remarkable work they’re doing for communities in the U.S. and abroad.”
Supporting Weller Development’s Expansion in Key Markets, Nationally and Internationally
With a unique understanding of the real estate development process from many different stakeholder perspectives, the addition of Omar will support Weller Development Partner’s efforts to create long-term growth as it expands in key markets, both nationally and internationally. Omar will provide key leadership and expertise to ensure the company continues to grow and scale in order to maximize opportunities while delivering high quality projects on schedule and on budget.
“We couldn’t be more excited to welcome Shane as a Partner, and we know having him join the Weller team will benefit the company in a variety of ways,” said Marc Weller, Founding Partner and President of Weller Development Partners. “Shane is an industry leader and brings a phenomenal amount of knowledge and experience to the team that will greatly benefit current and future projects as we continue to grow in new markets around the world. The team we have assembled is absolutely world-class, and I look forward to what the next several years hold for us!”
Veteran real estate development executive with a wealth of construction knowledge
Through his leadership at JBG Smith, Omar played a key role in pursuing and securing Amazon HQ2 and managed the ongoing preconstruction and construction efforts implementing the 5 million+ square foot multi-phase development project. Omar joined JBG Smith in 2017 after providing consulting services for 6 years, where he led the Preconstruction Services and Construction Groups working on a development pipeline totaling 18.7 million square feet. Omar has worked on various projects ranging up to $1.6 billion. He previously started a consulting firm that advised private real estate developers from acquisition through construction completion. He also established a department within a newly formed REIT (NYSE: JBGS) which provides budget and execution certainty with accountability at every stage of development.
Omar will join the Weller Development Partners team starting in January 2023. Weller Development Partners is currently involved in projects on the East and West coast of the United States and internationally, including the recently announced Six Senses Grand Bahama hotel, villas, and branded residences.
For more information on Weller Development Partners and its projects, visit: https://www.wellerdevelopment.com/
About Weller Development Partners
Weller Development Partners is an innovative real estate development firm building world-class communities. At the heart of the company ethos is a triple-bottom-line approach to development, designing strategies that are financially viable, while also providing benefits to surrounding communities, the environment, and investors. The Weller team has a proven track record of successful and celebrated developments encompassing more than two million square feet of development and exceeding $1 billion in investment, most notably the 235-acre mixed-use Port Covington project and luxury waterfront hotel Sagamore Pendry in Baltimore, Maryland. With a wide range of experience in tackling the most complex real estate developments and public-private partnerships, Weller Development Partners delivers value and results, no matter the complexity or odds.