Norman M. Kranzdorf, Chairman

Norman Kranzdorf has had a distinguished career in the real estate industry spanning more than 50 years. He founded Kranzco Realty, Inc., a general commercial real estate management and brokerage company, in 1979 and in 1992 was a co-founder of Kranzco Realty Trust, A New York Stock Exchange Real Estate Investment Trust. He served as its President and Chief Executive Officer until the June 2000 merger with CV Reit which created Kramont Realty Trust. He was Chairman of Kramont until he retired in 2003. From 2003 until 2013 he served as Senior Vice President for Retail at Urdang Capital Management, Inc., a unit of The Bank of New York Mellon. From 1972 to 1981 he was president of Amterre Development, Inc., a successor to Food Fair Properties, Inc., a major shopping center owner and management company.

Norman is a founding member and past Trustee of the International Council of Shopping Centers, where an academic scholarship was established in his honor. He was also a founding member of the University of Pennsylvania Wharton School Real Estate Center and serves on its Advisory Board. He currently is an occasional lecturer at Hunter College in New York City. He has lectured at the ICSC University of Shopping Center since its inception in 1957 on various real estate topics and has written or co-authored a number of real estate books. Mr. Kranzdorf also served on the Board of Directors of NAI Global, one of the largest commercial real estate organizations in the world.

Norman's autobiography, A Man of Many Centers is available at Lulu and Amazon.

Michael W. Kranzdorf, President

Michael Kranzdorf was Vice President and Director of Research and Information Systems at Kranzco Realty Trust, a New York Stock Exchange-listed real estate investment trust and predecessor to Kramont Realty Trust and Centro Watt. He was co-chairman of the National Association of Real Estate Investment Trusts’ Technology Committee and is an Emeritus member of the International Council of Shopping Center’s Research Advisory Task Force. Previously he served as Senior Vice President for Strategic Planning at MyShoppingCenter.com, a retail service provider and as Director of Engineering at Finali Corporation, a developer of automated customer service solutions for online retailers and financial service companies.

Mr. Kranzdorf is a member of the International Council of Shopping Centers and served on the Colorado Planning Committee of the Rocky Mountain Idea Exchange.