BINGHAM FARMS, Mich., May 18 /PRNewswire/ -- Malan Realty Investors, Inc.
(NYSE: MAL), a self-administered real estate investment trust (REIT), today
announced the election of five new members to its board of directors. The
directors were nominated by Orinda, California-based Kensington Investment
Group, Inc. They replace five directors whose terms expired at the conclusion
of this year's annual meeting.
The directors are: John P. Kramer, 42, president and co-founder of
Kensington Investment Group; Paul Gray, 34, executive vice president and
co-founder of Kensington Investment Group; Jill Holup, 36, partner at John
McStay Investment Counsel in Dallas; Jeffrey Lewis, 54, vice president at
Kennedy Associates Real Estate Counsel, Inc. in California; and Andrew Miller,
45, president of Miller Capital Advisory, Inc. in Chicago.
Malan Realty Investors, Inc. owns, acquires, redevelops and manages
properties that are leased primarily to national and regional retail
companies. The company owns a portfolio of 65 properties located in 9 states
that contains an aggregate of approximately 6.0 million square feet of GLA.
News releases for Malan Realty Investors are available on the company's
web site at http://www.malanreit.com or through Company News On-Call by fax at
800-758-5804, ext. 114165, or http://www.prnewswire.com .
SOURCE Malan Realty Investors
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Related links:
http://www.prnewswire.com
CONTACT:
Michael K. Kaline, Vice President of Malan
Realty, 248-644-7110, or Fred Nachman of Marjan Communications
Inc. for Malan Realty, 312-867-1771
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