Overview
Miami-based Equity One Inc. is a real estate investment trust specializing in the acquisition, asset management, development and redevelopment of shopping centers. Many of Equity One’s properties are located in the metropolitan areas around Miami, Fort Lauderdale, West Palm Beach, Jacksonville, Orlando, Atlanta, Georgia and Boston. The company is the U.S. unit of international shopping-center company Gazit-Globe Ltd. of Israel
As of March 31, 2009, Equity One owned or had interests in 181 properties, including 167 shopping centers, four projects in development/redevelopment, six nonretail properties, and four parcels of land. Equity One’s chief executive, Jeffrey S. Olson, and president, Thomas Caputo, joined the firm from competitor Kimco Realty Corp.