FOR IMMEDIATE RELEASE

DPI President Allen J. Lynch Awarded Inaugural CRX Designation by ICSC

New York, January 6, 2014 – Allen J. Lynch, President of Santa Monica-based DPI, is one of 752 real estate executives world-wide who are part of the inaugural class of executives awarded the Certified Retail Property Executive (CRX) designation by the International Council of Shopping Centers, the shopping center industry’s global trade organization.  As part of its Professional Certification Program, ICSC grants CRX certification in recognition of mastering retailing and retail property knowledge related to the performance, profitability and executive leadership of industry organizations.

Over 60% of the inaugural CRX Executives are corporate officers in their company, half of whom hold a chief executive role as the owner, CEO, president, principal, partner, chairman or managing director.  The CRX designation is awarded to industry professionals that have mastered a comprehensive body of retail property knowledge and executive leadership including asset management, development, redevelopment, finance, accounting, leasing, revenue generation, retailing, marketing, communications, and real estate law.

Retailers who employ new CRX designees include Build-A-Bear Workshop, Dressbarn, Fitness International, Foot Locker, JoS. A. Bank Clothiers, Lane Bryant, Limited Brands, Panda Restaurant Group, Perfumania, Saks Incorporated, Starbucks Coffee Company, Stokas Bieri, Target Corporation, Tedeschi Food Shops, The Container Store, The Home Depot, The Kroger Co., The Wendy’s Company, Walgreen Co. and Walmart Stores.  Other notable companies on the owner, developer, and management side of the business include CBL & Associates Properties, CBRE, Forest City Enterprises, General Growth Properties, Ivanhoé Cambridge, Jones Lang LaSalle, Kimco Realty Corporation, Macerich, Madison Marquette, PREIT, Simon Property Group and Westfield.

DPI and its subsidiaries comprise a multi-faceted real estate investment company with expertise in management, development/redevelopment, finance and leasing. The firm’s focus is to manage, develop and/or renovate shopping centers to institutional quality, and currently operates a portfolio of over 2 million square feet throughout the Western United States.  For more information, visit 492.2a9.myftpupload.com.

ICSC is the premier global trade association of the shopping center industry. Its more than 60,000 members in over 90 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.  As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.  For more information, visit www.icsc.org.

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