Merchants' National Properties Names Craig Deitelzweig President and CEO

NEW YORK, Aug. 11, 2017 /PRNewswire/ -- Merchants' National Properties, Inc. (OTC-US: MNPP), a leading developer and manager of retail and commercial properties, announced that Craig Deitelzweig joined the company as its President and Chief Executive Officer on August 10, 2017. 

Mr. Deitelzweig brings over 20 years of diverse real estate experience to MNP.  He joins MNP from Building and Land Technologies where he served as a Managing Director and head of Asset Management overseeing a diverse portfolio of office, multifamily and hotel assets across the United States.  Prior to joining BLT, Mr. Deitelzweig oversaw the office division of Rockrose Development Corp., and previously led the leasing and asset management activities of the Ruben Company's 4,000,000 square feet of retail and office space in New York, Washington, DC and Boston. Mr. Deitelzweig is also an attorney having worked in the real estate group at Skadden Arps.

MNP's Chairman, Jamie Better, stated, "Craig brings a wealth of experience in asset management, leasing, and redevelopment across all classes of real estate and we are excited to have him lead MNP in the next phase of our repositioning and growth." 

About Merchants' National Properties

Merchants' National Properties was founded in 1928 and owns interests in 48 properties in 16 states, including the 1,100,000 sf Cross County Shopping Center in Yonkers, NY, 545 Madison Avenue, 201 East 57th Street, NY and 708 Third Avenue, NY, which is also its executive headquarters location.

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SOURCE Merchants’ National Properties, Inc.