Edward Coury Named as Director of Leasing for Starwood Retail Properties

CHICAGO, Oct. 23, 2012 /PRNewswire/ -- Starwood Retail Properties ("SRP") announced today that Edward Coury has been hired as Vice President and Director of Leasing for SRP, the newly created retail platform that will oversee the underwriting and management of retail investments by Starwood Capital Group. Mr. Coury, who will be based at the company's headquarters in Chicago, will report to SRP Chief Operating Officer F. Scott Ball. 

In his new position, Mr. Coury will be responsible for the management of SRP's leasing team.  He also will have direct responsibility for all retail leasing, including strategic planning for all property merchandising, approval of lease transactions, tenant allowance capital and oversight of third-party brokers.  Mr. Coury has more than 25 years of retail real estate experience on both the landlord and tenant sides of the industry.

"Ed is highly respected within the retail industry and brings a tremendous amount of talent and experience to our team," said Mr. Ball.

Prior to joining SRP, Mr. Coury was Senior Vice President of Leasing and Construction for Charlotte Russe, where he was responsible for their real estate portfolio of over 500 stores across the United States.

Deb Barbanel, the Global Head of Real Estate for Russell Reynolds Associates, led the initiative on behalf of Starwood Retail Properties.

About Starwood Retail Properties

Starwood Retail Properties ("SRP") is a retail real estate platform that will acquire, redevelop and reposition retail real estate assets in order to enhance property cash flow and create long-term value for its capital partners.  Formed by Starwood Capital Group, the global private real estate investment firm, and its affiliates, SRP seeks to capitalize on opportunities in the ever-changing retail landscape through a unique combination of talent, experience and execution capabilities in the regional mall, lifestyle, and power center sectors.  SRP brings hands on experience in management, leasing and redevelopment to each of its investments, leaving it positioned to acquire, manage, reposition and re-develop market dominant shopping centers into the one-stop shopping destinations of the future.

SOURCE Starwood Retail Properties