Slate Grocery REIT announced that Blair Welch, Founding Partner of Slate Asset Management, the external manager of Slate Grocery REIT, has been appointed as interim Chief Executive Officer (“CEO”) of Slate Grocery REIT. He will replace David Dunn, who is stepping down as CEO of the REIT. Welch will serve as CEO until a permanent successor is identified and will remain a Trustee of the Board during this time.

Welch is the co-founder of Slate Asset Management and has over 25 years of real estate industry experience. He previously served as CEO of the REIT from its inception through2014 and has also been a Trustee of the Board of the REIT since its inception. Welch will work closely with Dunn and other members of the REIT's senior management team over the coming weeks to ensure a seamless transition of leadership.