Urban Edge Properties Announces Resignation of Herbert Eilberg as Chief Investment Officer, Effective October 14, 2022
October 04, 2022 at 01:45 am IST
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Urban Edge Properties announced on September 28, 2022, Herbert Eilberg, Chief Investment Officer of the Company, notified the Company that he is resigning from his position with the Company, effective at the close of business on October 14, 2022. Mr. Eilberg will be pursuing a new opportunity, and his departure is not related to any disagreements with the Company or any matter regarding the Company's financial results, operations, policies or practices. Mr. Eilberg's duties will be reassigned internally.
Urban Edge Properties is a real estate investment trust, which is focused on managing, developing, redeveloping and acquiring retail real estate in urban communities, in the Washington, District of Columbia to Boston corridor. Urban Edge Properties LP (UELP or the Operating Partnership) serves as its partnership subsidiary and owns, through affiliates, all of its real estate properties and other assets. Its portfolio consists of approximately 69 shopping centers, five malls and two industrial parks totaling approximately 17.1 million square feet. Its shopping centers and malls are located in California, Connecticut, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina, Virginia and Maryland, Massachusetts Puerto Rico. Its shopping centers and malls include Walnut Creek, Newington, Baltimore, Glen Burnie, Rockville, Wheaton, Cambridge, Springfield, Salem, Bergen Town Center, Carlstadt, Cherry Hill, Eatontown, Hazlet, Lawnside, Kearny, Montclair, Totowa and Watchung.