New Leadership for Shopping Center Owner

Linear Retail Properties, LLC, announced today that it has elevated Aubrey Cannuscio to Chief Investment Officer and Joel Kadis to Chief Real Estate Officer. The two executives will lead the company effective immediately.In addition, Cannuscio and Kadis have been appointed to the company’s board.

Cannuscio and Kadis assumed leadership from Bill Beckeman, the company’s long-time CEO, who retired in June. Beckeman founded Linear Retail in 2003, and under his leadership the company acquired over 100 properties and achieved an enviable investment track record.

Cannuscio and Kadis will be responsible for overall management of the company and fulfillment of the company’s strategic investment objectives. In addition to their joint leadership responsibilities,Cannuscio is charged with leading the company’s acquisition and financing efforts and Kadis is responsible for the firm’s leasing, asset management, construction and development activities. The two Partners have a combined 57 years of industry experience and have been with Linear Retail since it was founded.

Cannuscio and Kadis commented, “We have achieved considerable success during our 17 years together at Linear Retail and look forward to leading our very talented team in operating and growing our portfolio.”

Full bios for Aubrey Cannuscio and Joel Kadis can be found on Linear Retail’s website linearretail.com

ABOUT LINEAR RETAIL PROPERTIES, LLC

Based in Burlington, MA, Linear Retail is a leading acquirer, owner, developer and operator of retail properties in New England. Linear Retail owns 88 retail properties includingstrip shopping centers, specialty storefront retail in select downtown neighborhoods,smaller, well-located centers in dominant retail destination corridors, net leased single tenant retail properties and urban retail condos. For more information visit linearretail.com