NEW YORK, NY – November 8, 2000 – W. P Carey & Co. LLC (NYSE:WPC), a leading real estate investment banking firm and lessor of net leased corporate properties, today announced the appointment of Nichole B. Lefort as Vice President.
Ms. Lefort joined W. P. Carey & Co. as a Marketing Associate in 1997. She was elected a Second Vice President in April of 1999 and was elevated to Vice President in April of 2000. As a Regional Director within W. P. Carey's Marketing Department, she is responsible for wholesaling Corporate Property Associates 14 Incorporated, a publicly held, non-traded real estate investment trust (REIT), in several states, including Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, South Carolina, Tennessee, West Virginia and Ohio. Prior to joining the company Ms. Lefort worked for DC Retail 1, Inc. of New England in management. She received a B.A. from the State University of New York.
Commenting on Ms. Lefort's promotion, Wm. Polk Carey, Chairman of W. P. Carey, stated, "Nicole has proven her abilities as a sales person and has had a consistent record of performance within her territory. Her intelligence and outstanding people skills have enabled her to distinguish herself within a highly successful sales team."
Founded in 1973, W. P. Carey & Co. specializes in corporate real estate financing using the corporate net lease, or sale-leaseback structure. The firm and its affiliates is one of the largest lessors of net leased corporate real estate in the nation. W. P. Carey & Co. LLC (NYSE: WPC), the largest publicly traded Limited Liability Company in the world, owns and manages over 38 million square feet of property in the USA and Europe. Additional information about W. P. Carey can be found on the company's Web site: www.wpcarey.com
This press release contains forward-looking statements within the meaning of the Federal securities laws. A number of factors could cause the company's actual results, performance or achievement to differ materially from those anticipated. Among those risks, trends and uncertainties are the general economic climate; the supply of and demand for office and industrial properties; interest rate levels; the availability of financing; and other risks associated with the acquisition and ownership of properties, including risks that the tenants will not pay rent, or that costs may be greater than anticipated. For further information on factors that could impact the company, reference is made to the company's filings with the Securities and Exchange Commission.