OmniTRAX names Shanley exec VP

OmniTRAX Inc. announced yesterday that Reagan Shanley has been named executive vice president, industrial development group.

Shanley also is joining the Broe Real Estate Group (BREG) Management Committee to coordinate OmniTRAX and BREG's joint development opportunities. Shanley will report to OmniTRAX Chief Executive Officer Kevin Shuba.

"Reagan brings more than 27 years of finance, business development, restructuring, investment and portfolio management and consulting experience in the real estate investment industry to his new role. He'll use this expertise to strengthen our industrial development group and ensure that joint opportunities with Broe Real Estate reach their full potential," said Shuba in a press release.

OmniTRAX and BREG are affiliates of The Broe Group.

Prior to joining Broe, Shanley was senior vice president at Colony Northstar Inc. He also served stints at Capmark Finance LLC and RBS Greenwich Capital.