SOURCE: Developers Diversified Realty

August 23, 2005 11:00 ET

Mike Carmody Joins Developers Diversified Realty as the Director of Technology

CLEVELAND, OH -- (MARKET WIRE) -- August 23, 2005 -- Developers Diversified Realty (NYSE: DDR), a Cleveland-based real estate investment trust (REIT), today announced the appointment of Mike Carmody to Director of Technology.

Mr. Carmody has spent the last 15 years in data communications, networking and design, data center and application support, disaster recovery and security. Most recently, he led the technology group at Lorain National Bank. His diverse range of experience includes the customer and consulting sides of the Internet Technology industry.

Developers Diversified Realty is the nation's leading owner, developer and manager of market-dominant community centers. Developers Diversified currently owns and manages over 470 operating and development properties totaling approximately 110 million square feet of real estate in 44 states and Puerto Rico. Developers Diversified is a self-administered and managed real estate investment trust (REIT) operating as a fully integrated real estate company which acquires, develops and manages shopping centers. Additional information about Developers Diversified is available on the Internet at http://www.ddr.com.

Contact Information

  • Contact:
    Scott R. Schroeder
    Vice President of Marketing and Corporate Communications
    Developers Diversified Realty
    216.755.5500