Exhibit 99.2

Rule 438 Consent

In accordance with Rule 438 under the Securities Act of 1933, as amended, each of the undersigned hereby consents to being named as a prospective director of Wheeler Real Estate Investment Trust, Inc. in the registration statement on Form S-1 filed by Wheeler Real Estate Investment Trust, Inc. with the Securities and Exchange Commission on or about October 12, 2011, as may be amended from time to time.