NEW YORK, NY – September 26, 2001 – W. P. Carey & Co. LLC (NYSE:WPC), a leading real estate investment banking firm and lessor of net leased corporate properties, announced today the appointment of Kimberly J. Dussol as Vice President in the Company's Asset Management Group.
Commenting on the election, Wm. Polk Carey, Chairman and Chief Executive Officer of W. P. Carey, said, "As a member of our Asset Management Group, Kim has made significant contributions to the growth of our firm. Her appointment to Vice President is reflective of our confidence that she is among the new generation of highly talented individuals who will ensure the continued success of W. P. Carey well into the future."
Ms. Dussol joined W. P. Carey & Co. in April 1996 as an Assistant in the firm's Acquisition Department. In 1997, she moved to the firm's Asset Management Group and was later promoted to the position of Second Vice President in 1998. She earned a BA from Queens College in 1993, an MBA in Finance from St. John's University in 1996 and a Masters of Science in Real Estate from New York University in 2001, where she received the Norman Weinberg Award for graduating first in her class.
As of June 30, 2001, the W. P. Carey Group had a diversified portfolio including 414 properties, net-leased to 213 tenants throughout the United States and Europe. W. P. Carey & Co. LLC and its affiliates specialize in corporate real estate financing through the corporate net lease, or sale-leaseback structure. The largest publicly traded limited-liability company in the world, W. P. Carey was founded in 1973, and owns and manages more than 46 million square feet of property in the United States and Europe. The $3 billion firm is headquartered in Manhattan and has offices in London and Paris. Additional information is available on the firm's website: 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.