Aronov News

New Top Level Management Appointed for Shopping Center Division at Aronov

For Immediate Release: March 17, 2002

Montgomery, Alabama - Aronov Realty Management, Inc. recently announced the hiring of John Bemis as Senior Vice President of Aronov's Shopping Center Division, and the promotion of Robin Raiford to Vice President of Management and Marketing for the same division.

"In their new positions, John Bemis and Robin Raiford bring outstanding talent and years of success in our industry to their tasks of operating, leasing and marketing a diverse portfolio of shopping centers for our own account and our third-party clients," states Jake Aronov, Chairman and CEO of Aronov. "They will play important roles in our future growth and success," he continued.

Mr. Bemis has been involved in the management of retail properties since the mid-eighties, most recently as Senior Vice President with Jones Lang LaSalle where he directed the leasing and merchandising efforts for 12 regional malls. At Aronov, he is responsible for managing the shopping center division and its assets, which includes more than 60 shopping centers in 11 Southeastern states. Mr. Bemis holds a BS in Business Administration from Central Michigan University.

Robin Raiford has managed marketing programs for retail, multifamily, commercial and residential developments at Aronov since 1980. Her new responsibilities include overseeing daily operations and marketing for Aronov's retail properties. She holds a BS in Business Administration from Auburn University, an MBA from Mercer University, and a CMD from the International Council of Shopping Centers. Mrs. Raiford has been a faculty member of the Marketing Institute of the International Council of Shopping Centers and has won numerous awards for the creation and implementation of outstanding advertising and marketing programs.

Aronov is the largest privately-owned, fully diversified real estate company in the Southeast with over 100 properties, and performs acquisitions, development, management, leasing and brokerage services for its portfolio and property owned by third parties.

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