Monday, August 13, 2012

TNP Strategic Retail Trust Announces the Appointment of Dee R. Balch, MBA, CPA as Director and Chief Financial Officer

   

IRVINE, CA– TNP Strategic Retail Trust, Inc. (the “Company”), a public non-traded REIT that invests in grocery and drug-store anchored, multi-tenant necessity retail properties and other real estate-related assets, announced today the appointment of Dee R. Balch (top right photo) as a Director and Chief Financial Officer of the Company.

Ms. Balch will immediately serve as a director of the company and will assume the role of Chief Financial Officer effective August 15, 2012.

Ms. Balch will replace James R. Wolford as a member of the board of directors of the company effective July 27, 2012.

 In addition to continuing in his role as Chief Financial Officer at Thompson National Properties, Wolford was recently promoted to President and Chief Operating Officer of Thompson National Properties and will devote his time to those responsibilities.

TNP Strategic Retail Trust Announces Renewal of Advisory Agreement
    
 IRVINE, CA– TNP Strategic Retail Trust, Inc. (the “Company”), a public non-traded REIT that invests in grocery and drug-store anchored, multi-tenant necessity retail properties and other real estate-related assets, announced that its independent board of directors has renewed the Company’s advisory agreement with its external advisor, TNP Strategic Retail Advisor, LLC for one year to August 7, 2013. TNP Strategic Retail Advisor, LLC is a subsidiary of Thompson National Properties, LLC.

For a complete copy of the company’s news release, please contact:

Jill Swartz
949-485-1552,


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