ROBERT LEU JOINS FAMECO MANAGEMENT SERVICES AS VICE PRESIDENT

     PLYMOUTH MEETING, PA.—Robert Leu has been named Vice President of Fameco Management Services, nationally ranked as one of the Top 5 Fastest Growing Third Party Property Management Companies, Larry Zipf, President of the division announced.

     Leu is a seasoned, hands-on, real estate professional with a strong background in Property Management and Leasing in both the regional and national arena.  Zipf said Leu will oversee Asset Management projects nationally as well as the property management of new developments and general administration related to the growth of the division.

    Leu has been instrumental in all facets of asset management throughout his 20 year career.  His broad-based real estate expertise includes leasing, operations management, development and construction management.  “Leu’s dynamic background and skill set will make an immediate impact on the division,” says Zipf.

     Formerly Vice President of Asset Management at Stoltz Management of DE, Inc. he was responsible for a 4.2 million square foot portfolio encompassing six states. In this role he provided hands-on asset management of a 2.2 million square foot office campus located in Overland, Kansas.  Leu has also held the posts of Director of Leasing with Mack Cali Realty Trust, Vice President – The Staubach Company, and Senior Property Manager with Liberty Property Trust.  A resident of Valley Forge, PA, Leu graduated from University of Massachusetts. 

     Fameco is the region's foremost real estate firm in the retail sector, specializing in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, Delaware and beyond.

    Fameco Management Services manages over 10 million s.f. of retail space and provides asset management for a national portfolio valued at greater than $2 billion.  Additionally, the division provides due diligence services for acquisitions and construction management service. 

     The firm is the exclusive representative for 150 shopping centers and retail properties totaling 17 million square feet in the tri-state area, and exclusively represents more than 75 retailers expanding in the region.   Fameco's Investment Sales Team has completed transactions in excess of $1 billion.

     Fameco is the ChainLinks member shareholder in the Delaware Valley. ChainLinks is the nation's largest retail-only real estate provider with 62 regional brokerage firms in the U.S. and Canada. 

November 6, 2008