Global Brands Acquisition has signed a framework agreement with Gerrity International. Under the terms of the framework agreement, Global Brands will retain an executive team to lead Global Brands upon completion of the contemplated transactions.
This team will be led by William Gerrity, who will serve as the president and CEO, Matthew Ostrower, who will serve as chief investment officer, and John Heywood, will serve as chief operating officer.
Mr. Gerrity has over 25 years of experience in the development, acquisition, management and disposition of shopping centers in the Western United States as well as in Asia.
Mr. Ostrower has spent his entire career focused on public real estate investments.
Mr. Heywood has over 25 years experience in real estate and construction in Australia, Asia, the UK, the US and Canada. -Business Wire
