Caruso Affiliated Appoints Judy Johnson As Chief Marketing And Communications Officer

Caruso Affiliated Appoints Judy Johnson As Chief Marketing And Communications

Industry Veteran to Lead Multi-Channel Efforts for Country's Leading,
Privately Held Real Estate Company

PR Newswire

LOS ANGELES, March 26, 2014

LOS ANGELES, March 26, 2014 /PRNewswire/ --Caruso Affiliated, one of the
largest, privately held real estate companies in the U.S., announced today the
appointment of Judy Johnson as chief marketing and communications officer, a
newly created role that will support Caruso Affiliated's strategically
expanding portfolio of projects throughout California. Effective April 14,
2014, Johnson will report to Chief Executive Officer Rick J. Caruso, and in
her role, she will oversee all areas of the organization's strong marketing,
public relations, strategic alliances, and entertainment initiatives.

"Caruso Affiliated's tremendous growth – 20% compounded annually – has placed
us ahead of our competition. We have robust acquisition and development plans
and are excited about the future," stated Rick J. Caruso. "To manage this
exceptional growth, and as part of our aggressive five-year plan to double the
size of our company, we are bringing Judy aboard to keep us at the forefront
of the industry as retail evolves. The position of Chief Marketing and
Communications Officer is critical, and with Judy's strong track record of
positioning major brands in an increasingly cluttered marketplace, I know she
will add value to our organization very quickly."

The appointment comes at a significant juncture in the evolution of Caruso
Affiliated, which is best known for its first-class retail, dining and
entertainment centers, such as The Grove and The Americana at Brand in
Southern California. While reimagining street-front retail property in
Brentwood, Calif., and in Pacific Palisades, Calif., (Swarthmore Avenue), the
company is also currently spearheading one of the largest retail developments
in Carlsbad, Calif., amongst several other retail projects in the works. On
the hospitality side, Caruso Affiliated is in the planning stages of The
Miramar Beach Resort and Bungalows, its first luxury resort property, located
in Montecito, Calif., and looks to develop more high-rise mixed-use in Los
Angeles along the lines of its upscale residential property, 8500 Burton Way,
which is currently achieving the highest rents on the West Coast.

"I am thrilled to embark on a new journey at Caruso Affiliated and help the
company soar to new heights while enhancing its reputation for extraordinary
quality, memorable experiences, and best-in-class service," said Johnson.
"Rick's vision is truly remarkable, as is his masterful development execution
and spot-on instinct for creating differentiated community hubs that invite
people in to socialize, dine, shop and live. Rick has changed the landscape of
Los Angeles in significant ways, and I look forward to helping him continue to
make an even bigger impact in more communities through exciting new
developments now underway."

Johnson comes to Caruso Affiliated after 17 years with GolinHarris, a leading
global, full-service communications firm. Most recently, she served as
president of operations west of its Chicago headquarters, managing staff,
senior client accounts, business development and operations for offices in Los
Angeles, Orange County and San Francisco. She also served on the company's
global management team and helped lead a number of company-wide initiatives,
including serving its g4 transformation team, which was on the forefront of
the PR industry's evolution into integrated marketing. While at GolinHarris,
Johnson defined and managed award-winning, 360-degree brand campaigns across
paid, earned, owned, and shared channels. Some of her most prominent clients
included Amazon, Cold Stone Creamery, Cunard Line, Disney, Disneyland and
Downtown Disney, Farmer John, Forest City Development, Las Vegas Sands
Corporation, McDonald's, The Ritz-Carlton, and Toyota, among others.

A 30-year veteran of the communications and marketing industry, Johnson was
honored as PR Professional of the Year by the Public Relations Society of
America (PRSA) Los Angeles Chapter in 2012. She serves as an adjunct professor
at USC's Annenberg School for Communication and Journalism and is a frequent
industry and college speaker on consumer branding and marketing, corporate
communications, and crisis management.

About Caruso Affiliated
Caruso Affiliated is one of the largest, privately held real estate
development companies in the U.S. All of its properties are distinguished by a
unique combination of architectural and design excellence, unparalleled guest
experiences and a dedication to serving the local community – transforming
them into central gathering places for residents and tourists alike. Its
premier retail, residential and mixed-use properties welcome millions of
people annually, including The Grove, which attracts more guests per year than
Disneyland. Two properties, The Grove and The Americana at Brand, rank in
Shopping Center Today's list of the top-15 shopping centers around the world,
based on sales per square foot, which are 75% above the industry norm. Average
consumer expenditures at Caruso properties nearly double those at regional
malls, and sales growth is nearly three times that of traditional malls.

In addition to The Grove and The Americana at Brand, and the upscale
residential 8500 Burton Way, Caruso Affiliated develops, owns and manages a
growing portfolio of world-class properties. Currently spearheading one of the
largest retail developments in Carlsbad, Calif., expected to generate $80
million annually in new taxes for state and local governments, as well as
11,000 construction jobs and 8,000 permanent jobs, Caruso Affiliated has an
array of other projects in development, including those in Pacific Palisades
and Brentwood, Calif. The company is also in the planning stages of The
Miramar Beach Resort and Bungalows, its first luxury resort property, located
in Montecito, Calif., to break ground in 2015. For more information, visit

SOURCE Caruso Affiliated

Contact: Liz Jaeger, Tel.: 323.900.8170, E-Mail:,
or Jennifer Cole, Tel.: 646.572.0586, E-Mail:
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