One Liberty Properties, Inc. Announces Board Changes
September 11, 2019 at 09:17 pm
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One Liberty Properties, Inc. announced that board of directors elected Karen A. Till to serve as a director and a member of nominating and corporate governance committee, thereby filling the vacancy in board and such committee. Ms. Till’s term as director expires at 2020 annual meeting of stockholders and her successor has been elected and qualified. In addition, board appointed Mr. Charles Biederman, a current director, to serve as the chair of the nominating and corporate governance committee. Ms. Till, age 56, an independent director, has served (i) as chief financial officer of Miller & Milone, P.C. since July 2010, (ii) in various capacities (including vice president, strategic and taxation, from 2006 to 2010) at Arbor Commercial Mortgage, LLC from 1998 to 2010, (iii) in various capacities (including vice president, financial, from 1993 to 1998) at BRT Apartments Corp. (f/k/a BRT Realty Trust), from 1988-1998, and (iv) in various capacities at Ernst and Whitney, from 1984 to 1988. Ms. Till is a certified public accountant.
One Liberty Properties, Inc. is a self-administered and self-managed real estate investment trust. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial and retail properties. The Company owns approximately 108 properties and participate in joint ventures that own two properties. These 110 properties are located in 31 states and have an aggregate of approximately 10.9 million square feet. Its primary objective is to acquire single-tenant properties, and in particular, industrial properties, that are subject to long-term net leases that include periodic contractual rental increases or rent increases based on increases in the consumer price index. The Companyâs property is located across Alabama, Arkansas, Arizona, California, Colorado, Texas, Delaware, Florida, Georgia, Iowa, Illinois, Kansas, Kentucky, Massachusetts, Virginia and Ohio.