X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PLYMOUTH MEETING, PA-The board of trustees of Kramont Realty Trust has promoteed Michael G. Mortimer to VP. Mortimer joined the locally based REIT, which specializes in neighborhood and community shopping centers, as property accountant in 1995. He was promoted to controller in 1999.

Mortimer will continue to serve as controller with responsibility for financial statement preparation, SEC compliance and day-to-day management of the company’s accounting staff. He has more than 10 years of shopping center and real estate accounting experience. He holds a degree in accounting from Pennsylvania State University and is a member of the International Council of Shopping Centers.

Kramont owns, operates, manages and has under development, 91 properties encompassing approximately 11.6 million sf of leasable space in 15 states. The overwhelming majority, 75%, of the REIT’s neighborhood and community shopping centers are anchored by grocery, drug of value-oriented retailers.

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?

Dig Deeper

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.