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Equity One Hires Vice President of Leasing and Development

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  Published in Business and Finance on Thursday, August 25th 2011 at 6:16 GMT by Market Wire
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NORTH MIAMI BEACH, Fla.--([ BUSINESS WIRE ])--Equity One, Inc. (NYSE:EQY), an owner, developer, and operator of shopping centers, announced today that it has hired Jeffrey S. Mooallem as Vice President, Leasing and Development. Mr. Mooallem will lead the expansion and redevelopment of Serramonte Center in Daly City, California in addition to evaluating and executing acquisition and redevelopment opportunities throughout the West Coast.

Mr. Mooallem, 42, joins Equity One from Turnberry Associates where he was Senior Vice President of Development and Leasing. At Turnberry, he had responsibility for over five million square feet of retail centers, including the 2.7 million square foot Aventura Mall in Miami, Florida, consistently ranked as one of the top five grossing malls in the United States. During his time at Turnberry, Aventura Mall cemented its position as the dominant mall in the southeast United States adding such tenants as Nordstrom, Equinox, and Louis Vuitton.

Mr. Mooallem received his juris doctor degree from New York's Fordham University School of Law. He began his career as a real estate and commercial litigation attorney with Willkie Farr & Gallagher in New York. Mr. Mooallem will be based out of Equity Onea™s San Francisco office.

ABOUT EQUITY ONE, INC.

As of June 30, 2011, Equity One owned or had interests in 199 properties, consisting of 176 shopping centers comprising approximately 20.7 million square feet, ten projects in development/redevelopment, eight non-retail properties, and five parcels of land. Additionally, Equity One had joint venture interests in sixteen shopping centers, three office buildings and one apartment building totaling approximately 3.2 million square feet.