Board of Trustees

George J. Alburger, Jr., Chairman, Audit Committee

Mr. Alburger has served as a member of our Board since May 2010. He has served on the board of trustees of Pennsylvania REIT (NYSE: PEI) since June 2016 and serves on the board of Exeter Property Group, a private real estate investment management firm. Mr. Alburger served as the Chief Financial Officer and Treasurer of Liberty Property Trust (NYSE: LPT) from May 1995 until June 2016 and also served as an Executive Vice President of Liberty from 2000 to 2006. Prior to that, Mr. Alburger was employed by EBL&S Property Management, Inc. from 1982 to 1995, departing as an Executive Vice President. Prior to joining EBL&S in 1982, Mr. Alburger was a senior manager at Pricewaterhouse LLP. Mr. Alburger is a certified public accountant and a member of the American Institute of Certified Public Accountants. He received his bachelor’s degree from St. Joseph’s University.

Kelly H. Barrett

Ms. Barrett joined our Board of Trustees in May 2019. She currently serves on the board of directors of Aaron’s, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, and Piedmont Office Realty Trust (NYSE: PDM), a real estate investment trust. In addition, from 2011 to 2016, she served on the board of directors of State Bank Financial Corporation, which merged into Cadence Bancorporation (NYSE:CADE). Prior to her retirement in December 2018, Ms. Barrett was employed by The Home Depot, Inc. (NYSE:HD) for sixteen years, commencing in January 2003, serving in various roles of increasing responsibility, finally as Senior Vice President - Home Services. Prior to her employment by The Home Depot, Ms. Barrett was employed by Cousins Properties Incorporated for eleven years in various senior financial roles, including ultimately that of Senior Vice President - Chief Financial Officer. During that time, she was active in the National Association of Real Estate Investment Trusts (NAREIT) as an Accounting Committee Co-Chairperson and member of the Best Financial Practices Council. She has been a licensed CPA in Georgia since 1988. Ms. Barrett is a graduate of The Georgia Institute of Technology with a Bachelor of Science in Industrial Management with a concentration in Accounting.

Fred Boehler, President & Chief Executive Officer

Mr. Boehler has served as our President and Chief Executive Officer (“CEO”) and as a member of our Board since December 2015. Prior to that, he served as our Chief Operating Officer from February 2013 until December 2015. Before joining our team, Mr. Boehler was a Senior Vice President at Supervalu, Inc. (now a part of United National Foods, Inc., NYSE: UNFI) from March 2009 to February 2013 and held various positions at Borders Group, Inc. from November 1999 to March 2009, last serving as Senior Vice President, Logistics & Planning. Mr. Boehler received his bachelor’s degree from Wright State University and his Master of Business Administration from Northern Illinois University.

Antonio F. Fernandez

Mr. Fernandez currently serves as the President of AFF Advisors, LLC, a private advisory firm. He previously served as Executive Vice President and Chief Supply Chain Officer of Pinnacle Foods, Inc. (NYSE:PF) from 2011 to 2016, where he was responsible for management of the company’s end-to-end supply, while also overseeing Pinnacle’s food quality, safety and productivity programs. Mr. Fernandez was Senior Vice President Operational Excellence at Kraft Foods, Inc., following Kraft’s acquisition of Cadbury, plc in 2010, until he joined Pinnacle in 2011. Mr. Fernandez was at Cadbury from 1998 until 2010, serving in a series of senior management positions, including Chief Supply Chain Officer. His early career included roles in manufacturing, procurement, engineering and consulting with Proctor & Gamble Co. (NYSE:PG), PepsiCo, Inc. (NASDAQ:PEP) and The Canaan Group. Mr. Fernandez currently serves on the Board of Directors of Collier Creek Holdings (NYSE:CCH-UN) and on the Board of Trustees of Lafayette College. Previously he served on the Board of Directors of Liberty Property Trust (NYSE:LPT), until it’s recent acquisition by Prologis, Inc. (NYSE:PLD). He received his bachelor’s degree from Lafayette College.

James R. Heistand, Chairman, Compensation Committee

Mr. Heistand has served as a member of our Board since January 2018 and served as Lead Independent Trustee from January 2018 to March 2019. Mr. Heistand has served as the President and Chief Executive Officer of Parkway Property Investments, LLC since October 2017. Before that, he served as President and Chief Executive Officer of Parkway Properties, Inc. from April 2012 until October 2016 and President and Chief Executive Officer of Parkway, Inc. from October 2016 until October 2017. He has been a member of the board of directors of Parkway Property Investments, LLC since 2016 and was a member of the board of directors of Legacy Parkway from December 2011 until 2016. Prior to joining Legacy Parkway, Mr. Heistand founded and served as chairman of Eola Capital LLC, a privately owned property management company, since its inception in 2000. Mr. Heistand is a member of the chairman’s circle of the real estate advisory board for the Warrington College of Business Administration at the University of Florida. Mr. Heistand graduated from the University of Florida with a Bachelor of Science in Real Estate Finance.

Michelle M. MacKay

Ms. MacKay has served as a member of our Board since January 2018. She currently serves as the Chief Operating Officer (“COO”) of Cushman & Wakefield (NYSE: CWK), one of the largest real estate service firms in the world. Ms. MacKay served on the Board of Cushman & Wakefield from November, 2018 until April 6, 2020, when she resigned in connection with her appointment as COO. Ms. MacKay previously served as a Senior Advisor to iStar Financial, a publicly traded REIT (NYSE: STAR) through June 2018. From February 2003 through February 2017, Ms. MacKay was an Executive Vice President of Investments and, since 2009, Head of Capital Markets of iStar. From 2010 until February 2017, Ms. MacKay served on the board of directors of WCI Communities, Inc. as the head of the nominating and governance committee and also served as a member of the compensation and audit committees. Ms. MacKay holds a Masters of Business Administration from the University of Hartford and a Bachelor of Arts in political science from the University of Connecticut.

David J. Neithercut, Chairman, Investment Committee

Mr. Neithercut joined our Board in May 2019. He served as Chief Executive Officer of Equity Residential (NYSE: EQR) from January 2006 until his retirement in December 2018 and as President from May 2005 to September 2018. He was Executive Vice President - Corporate Strategy from January 2004 to May 2005, and Executive Vice President and Chief Financial Officer from February 1995 to August 2004. Mr. Neithercut has served as a trustee of Equity Residential since 2006, is a former director of General Growth Properties, Inc., now a part of Brookfield Realty Partners, and a former member of the Advisory Board of Governors of National Association of Real Estate Investment Trusts (NAREIT). Mr. Neithercut received NAREIT’s 2018 Industry Leadership Award, honoring a REIT executive who has made a significant and lasting contribution to the growth and betterment of the industry, and was recognized by Columbia Business School as the 2018 Distinguished Real Estate Partner. Mr. Neithercut received his bachelor’s degree from St. Lawrence University and a Master of Business Administration from the Columbia University Graduate School of Business.

Mark R. Patterson, Chairman of the Board, Chairman of Nominating and Corporate Governance Committee

Mr. Patterson has served as a member of our Board since January 2018 and as Chairman of the Board since March 2019. He is currently President of MRP Holdings, LLC and has served in that role since leaving Merrill Lynch in January 2009 where he served as a real estate consultant. From October 2010 until March 2016, Mr. Patterson was also Chairman, and until January 2015 Chairman and Chief Executive Officer, of Boomerang Systems, Inc., a manufacturer of automated parking systems. Until January 2009, Mr. Patterson was a Managing Director and the Head of Real Estate Global Principal Investments at Merrill Lynch, where he oversaw real estate principal investing activities of the firm. Mr. Patterson joined Merrill Lynch in April 2005 as the Global Head of Real Estate Investment Banking and in 2006 also became Co-Head of Global Commercial Real Estate at the firm, which encompassed real estate investment banking, principal investing and mortgage debt. Prior to joining Merrill Lynch, Mr. Patterson spent 16 years at Citigroup where he was the Global Head of Real Estate Investment Banking from 1996 to 2005. He is an Advisory Director of Investcorp, Inc. (BSE: INVCORP) and a Senior Advisor to Rockefeller Capital Management. He served as a member of the board of directors for General Growth Properties, now a part of Brookfield Realty Partners, from 2011 to 2017, and is currently a member of the board of directors for UDR, Inc. (NYSE: UDR) since 2014, a member of the board of directors of Digital Realty Trust, Inc. (NYSE: DLR) since 2016 and a member of the board of directors of Paramount Group (NYSE: PGRE) since 2018. He has a Bachelor of Business Administration from the College of William and Mary and a Masters of Business Administration from the Darden School of Business at the University of Virginia. He is also a certified public accountant.

Andrew P. Power

Mr. Power has served as a member of our Board since January 2018. He is the Chief Financial Officer of Digital Realty Trust, Inc. (NYSE: DLR) and has served in that role since May 2015. Prior to joining Digital Realty, Mr. Power was employed by Merrill Lynch from 2011 to April 2015, where he last served as Managing Director of Real Estate, Gaming and Lodging Investment Banking, and was responsible for relationships with over 40 public and private companies. Mr. Power was employed by Citigroup Global Markets Inc. from 2004 to 2011 where he last served as Vice President. During his career, Mr. Power has managed the execution of public and private capital raises in excess of $30 billion, including the then-largest REIT IPO, and more than $19 billion of merger and acquisitions transactions. Mr. Power is a member of the National Association of Real Estate Investment Trusts (NAREIT) Best Financial Practices Council and Multinational U.S. REIT Council. Mr. Power received a Bachelor of Science in Analytical Finance from Wake Forest University.