Malan Realty Investors Inc. in Bingham Farms has promoted Michael K. Kaline, formerly vice president, to be president, taking over the slot from Anthony S.Gramer. Gramer, the former president and CEO, resignedJuly 24. The CEO position is not yet filled.

At the company since 1984, Kaline was in charge of the company’s assetmanagement, including leasing, acquisitions, development and redevelopmentactivities, and property management.He also serves as an associate real estate broker of thecompany.

Malan has been shaky since a proxy fight earlier this year ousted its board.The battle and a change of control agreement cost the company $3.4 million.Paul Gray, chairman of the new board, says Kaline will help strengthen thecompany.”Michael is well regarded by the REIT community, the nation’sleading retailers, investors and shareholders for his knowledge ofthe industry and numerous accomplishments,” says Gray, alsoco-founder and executive vice president of Kensington Investment Group Orinda, CA.

Malan owns, acquires, redevelops andmanages properties that are leased primarily to national and regional retailcompanies. The company owns a portfolio of 64 properties located in ninestates with an aggregate of approximately 5.9 million sfof GLA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.