Cedar Realty Trust Announces Appointment of New Chief Operating Officer and New Head of Leasing

PORT WASHINGTON, N.Y., Sept. 10, 2014 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR) announced today that Nancy Mozzachio will be promoted to Chief Operating Officer, effective January 1, 2015. Ms. Mozzachio will succeed Brenda Walker, who is retiring as Chief Operating Officer at the end of 2014. Nancy joined the Company in 2003 as Head of Leasing and has more than 25 years of leasing and development experience in the shopping center industry.

In addition, the Company announced Lori Manzo will be promoted to Head of Leasing effective January 1, 2015. Lori joined the Company in 2006 and has 15 years of leasing experience.

"Nancy and Lori have proven themselves as both outstanding real estate executives and, more importantly, as invaluable colleagues.  I am highly confident that in their new roles they will make ever greater contributions to Cedar," commented Bruce Schanzer, President and Chief Executive Officer.  "I would be remiss if I did not also acknowledge Brenda and her extraordinary professional accomplishments.  We are going to savor the last few months with Brenda here as she helps spearhead this orderly management transition."

About Cedar Realty Trust

Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership and operation of primarily grocery-anchored shopping centers straddling the Washington DC to Boston corridor. The Company's portfolio (excluding properties treated as "held for sale") is comprised of 60 properties, with approximately 9.4 million square feet of gross leasable area.

For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company's website at www.cedarrealtytrust.com.


SOURCE Cedar Realty Trust, Inc.