Equity One Names Prez, COO

Jeffrey Olson has been named president of Equity One Inc., a real estate investment trust based in North Miami Beach, Fla., and Jeffrey Stauffer has been named the company's chief operating officer.The shopping center REIT said the appointments followed the resignation of Doron Valero as president and COO. He will remain with Equity One through Dec. 31. Mr. Olson joined Equity One in September after four years as president of the Eastern and Western shopping center regions of Kimco Realty Corp. As previously announced, he will take over as Equity One's chief executive officer on or before April 1, 2007. Mr. Stauffer was most recently COO of Pan Pacific Retail Properties Inc., a San Diego-based shopping center REIT. Equity One can be found online at http://www.equityone.net.

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