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940 Haverford Road
Bryn Mawr, PA 19010
T 610-552-6000
F 610-552-6001
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News

WP Realty announces promotions

WP Realty, a real estate investment, development, management and leasing company based in Bryn Mawr, Pennsylvania, announces three promotions among key personnel effective immediately:

Timothy S. Herb has been promoted to Vice President – Development. Mr. Herb oversees the planning, coordination and completion of all development and redevelopment projects for properties in WP Realty’s portfolio. Currently ten properties comprising 1,700,000 square feet are in various stages of redevelopment. Additionally, he provides development options and feasibility assessments for acquisition targets. Mr. Herb joined WP Realty in 2004 as Development Director and was promoted to Senior Development Director in 2006. Prior to joining WP Realty, Mr. Herb spent eleven years in various development roles for King of Prussia, PA based Kravco, where he worked on notable projects such as King of Prussia Mall, Deptford Mall, Lockwood Place and The Fort Lauderdale Galleria.

Jason C. Hess, Esquire has been promoted to Vice President and Associate General Counsel. Mr. Hess is responsible for the negotiation and preparation of all leases in the company’s portfolio and handles construction related documentation for the company’s various development projects. Additionally, Mr. Hess works closely with the Capital Transactions Department in connection with acquisitions and dispositions, including the negotiation of agreements of sale, loan agreements and all due diligence related matters. Mr. Hess joined WP Realty in 2004 after spending several years at a prominent Philadelphia law firm.

Gordon Powley has been promoted to Regional Property Controller. He oversees a team of property accountants and administrative staff to provide accounting and reporting services, cash flow projections, budgets, audit and tax return preparation for a portfolio of the company’s properties. Mr. Powley joined WP Realty as a staff accountant in 2003, was promoted to Property Accountant in 2004 and in 2006 was promoted to the position of Assistant Property Controller. He is in the process of becoming a Certified Public Accountant after passing the CPA exam in 2005. Mr. Powley is a Returned Peace Corps Volunteer who has taught in a number of foreign countries.

WP Realty owns and operates almost 9 million square feet of shopping center space throughout the Northeastern and Mid Atlantic United States.

WP Realty seeks talented individuals to join our team in many disciplines. Current job openings include the following:

  • Acquisitions Associate
  • Capital Transactions Associate
  • Project Accountant
  • Property Manager/General Manager (at one of the company’s latest acquisitions in Youngstown, Ohio)