FARMINGTON HILLS, Mich., July 12, 2018 (GLOBE NEWSWIRE) — RAMCO Properties (NYSE:RPT) (“RAMCO”, the “Company”) announced today the appointment of industry veteran Timothy Collier as Executive Vice President of Leasing, effective on or before August 3, 2018. Mr. Collier will be a member of the executive management team reporting to Brian Harper, President and Chief Executive Officer, and will be responsible for the establishment and oversight of the Company’s leasing and merchandising strategies.
“I am thrilled to have Tim as a strategic partner and believe his extensive experience in lifestyle, grocery and high-street retail leasing, in addition to his deep retailer relationships, prepares us well to create value in this rapidly changing environment,” said Brian Harper. “Tim will provide a fresh perspective and apply an innovative approach to our leasing platform, unlocking the embedded value within our portfolio. Tim’s appointment rounds out our executive leadership team complementing the recent hire of Michael Fitzmaurice as Chief Financial Officer. With our seasoned and enthusiastic team in place, just one month from my start date, we are well-positioned to maximize value for our shareholders.”
Mr. Collier has over 20 years of experience in the real estate industry, and most recently served as Head of Leasing for Acadia Realty Trust (“Acadia”) where he was responsible for the retention and growth of existing tenants in the portfolio’s legacy properties, fund assets and development projects. Prior to joining Acadia, Mr. Collier held various leasing positions with Kimco Realty Corporation, Pyramid Management Group and Eklecco, LLC.
Mr. Collier received his B.A. from State University of New York at Oswego, is a Licensed Real Estate Salesperson in the Commonwealth of Massachusetts, and a member of the ICSC.
About RAMCO Properties
RAMCO Properties (NYSE:RPT) is a premier, national publicly-traded shopping center real estate investment trust (REIT) based in Farmington Hills, Michigan. The Company’s primary business is the ownership and management of regional town centers, urban-infill properties and neighborhood shopping centers primarily located in 15 of the 40 largest metropolitan markets in the United States. At March 31, 2018, RAMCO owned interests in and managed a portfolio of 56 shopping centers and three joint venture properties. At March 31, 2018, the Company’s consolidated portfolio was 93.6% leased. RAMCO is a fully-integrated qualified REIT that is self-administered and self-managed. For additional information about the Company please visit www.RAMCOproperties.com or follow RAMCO on Twitter @RAMCOproperties and facebook.com/RAMCOproperties.rpt/.
Dawn L. Hendershot
Senior Vice President of Investor Relations and Public Affairs