About Us

Transforming real estate potential into real possibilities.

Our mission is to maximize the value potential of Transformco’s real estate portfolio by reimagining the physical retail footprint to better meet the needs of the current marketplace. We are transforming existing retail spaces into dynamic new venues offering shopping, entertainment, commercial and mixed-use experiences that attract a broad range of consumers. We are creating opportunities that take advantage of our prime locations to drive foot traffic and benefit the surrounding communities. It’s all part of our commitment to capture the momentum and possibility being created by the reinvention of retail real estate. Because at Transformco Properties, we believe that by constantly challenging the status quo, we can foster ongoing growth and improvement. Ultimately allowing us to continue to make positive changes for communities while positioning Transformco for success now and well into the future.  

Our Team

D. Scott Carr
President, Real Estate

Scott Carr has more than 32 years of commercial real estate experience in both public and private company platforms. His diverse and comprehensive background and knowledge encompass sales, leasing, development, asset management, finance, and corporate management.Read More Scott joined Transformco Properties with the goal of maximizing the value potential of its real estate portfolio. To do so, he and his team are directing a highest and best-use strategy focused on the sale, leasing, and development of Transformco assets. Read Less

Celeste Prestinario
Divisional Vice President, Leasing & Development 

A dynamic and experienced commercial real estate professional, Celeste Prestinario’s extensive commercial real estate background and experience spans three decades on both a regional and national level. In her position at Transformco, Celeste is responsible for repositioning former Sears stores nationwide. Read More Before joining Sears Holdings, Ms. Prestinario was a Vice President of Leasing for Inland Western Retail Real Estate Trust, Inc. Prior to that, Celeste was Senior Director, EVP Corporate Real Estate for AT&T/Lucent/Avaya. Read Less

Cary Coonce, CCIM
Divisional Vice President, Strategy

Cary Coonce has 25 years of corporate real estate experience with the last 14 years at Sears/Kmart. She manages the Strategist, Asset Management and Facilities & Construction teams and is responsible for building external relationships, negotiating income producing transactions, protecting real estate assets, and supporting the ongoing business operations. Read More Cary was the National Chairman of the CCIM Institute Professional Standards Committee and currently serves as a board member of the Prairie Stone Property Owners Association. Read Less

Michael Brotnow
Chief Financial Officer, Real Estate

Mike Brotnow has worked in the financial field for over two decades. Prior to taking the position as CFO, Real Estate, Mike held several roles at Transformco working in Corporate Finance and the Controller Group. His responsibilities included financial planning, cash forecasting, financial systems implementations, internal controls, and processes, as well as oversight and controller functions. Read More In his current position, Mike is responsible for real estate finance, accounting, lease administration, and cash flows including payments to landlords, jurisdictions, and vendors, as well as the operation of the corporate headquarters. Read Less

Joe David
Director, Real Estate Transactions

Over the course of his 20-plus years in the industry, Joe David has worked on over $3 billion of completed transactions including the direct negotiation and execution of approximately $930 million within the retail, industrial and office sectors. During his career, asset management responsibilities have paralleled his transactional responsibilities and have included overseeing leasing activity, property budgets, investor reporting, and overall operational strategy for assets. Read More In his position at Transformco Properties, Joe is primarily responsible for the sourcing, negotiation and closing of capital transactions for the company. Read Less

Zachary Straebel
Senior Director, Portfolio Management

Zach Straebel joined Transformco in 2020 as Senior Director. Prior to joining Transformco Real Estate, Zach held portfolio management positions at Pine Tree and IRC Retail Centers. He has also worked as a Senior Associate for Alignium, a real estate investment advisor. Read More In his current role at Transformco, he is responsible for analysis and reporting for the portfolio. Zach is also proud to be a CFA Charterholder, and a member of the CFA Society of Chicago.Read Less

Shweta Van Beveren
Deputy General Counsel, Real Estate

In her role at Transformco, Shweta Van Beveren manages the real estate legal department. She brings over 12 years of experience practicing law with a focus on commercial real estate and finance. Shweta supports the Transformco team by providing expert counseling to help assess risk, add value, and enable informed decisions on real estate transactions. Read More She is a member of the International Council of Shopping Centers and holds a B.S. from The Ohio State University and a J.D. from the DePaul University College of Law. Read Less