Mitchell Rice
Mitchell Rice Serves as Chief Executive Officer (CEO) of RMC property group. He took on this role in 2002 when he merged his company, FOG Development, with RMC. As CEO, Mitchell’s work includes corporate strategy and high-level asset management. He leads the new property acquisitions and development business and is responsible for raising capital for new investments.
Mitchell has been active in the Florida commercial real estate industry for over 35 years. He combined FOG Development and RMC with the vision to become Florida’s most diversified commercial real estate company. Since the merger, he has been instrumental in the development of numerous Publix-anchored shopping centers, close to fifty Wawa gas and food stores, mixed-use projects, fast food restaurants, storage facilities, banks, and gas stations. Mitchell’s experienced approach to retail has made him a leader in the commercial development industry.
He began his professional career on the floor of the New York Stock Exchange in 1987. In 1989, he relocated to Tampa, Florida, beginning his career as a real estate investment broker. During that time, he represented several large clients and provided brokerage services to organizations throughout the Southeast.
In 1992, Mitchell formed his own real estate brokerage firm, The Rice Realty Group, whose initial focus was investment sales. By 1993, he founded FOG Development, specializing in the development of build-to-suit Walgreens drugstores. To date, Mitchell has developed more than one hundred fifty Walgreens drugstores throughout the southeastern United States and Puerto Rico.
He is extremely active in the community and considers that part of his mission. Over the years at RMC, he has promoted several charitable efforts through his commitment to organizations such as Meals on Wheels, the Children’s Cancer Center, the H. Lee Moffitt Cancer Center, Metropolitan Ministries, and Feeding America Tampa Bay. Mitchell and his wife Susie are committed to making Tampa a better place to live, through their contributions to the Corporation to Develop Communities in East Tampa. Mitchell and Susie were co-honorees of Gulf Coast Jewish Family Services, received the Tampa Jewish Federation’s Real Estate Society Leadership Award in 2019, and co-chaired the Tampa Museum of Art’s Pavilion XXXI; the museum’s annual black-tie fundraiser. Together, they are passionate collectors of contemporary Cuban art and co-founders of The Cuban Arts Group, dedicated to enriching and strengthening cross-cultural connections through exhibitions and diverse educational programs.
Mitchell is a licensed real estate broker and a member of the International Council of Shopping Centers (ICSC). He is a graduate of the University of Wisconsin with a B.A. in Political Science.