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Tim McGee Appointed Senior VP, General Manager MMPI's High Point Properties

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Merchandise Mart Properties, Inc. (MMPI) announced the appointment of Tim McGee as senior vice president and general manager of its High Point office. McGee brings more than 15 years of industry experience to the position, and has spent more than five years in High Point with MMPI as vice president of leasing. “Tim has a wealth of experience in the home furnishings industry from his time here in High Point and his work at the Atlanta Market,” said Christopher G. Kennedy, president, Merchandise Mart Properties, Inc. “He has forged many relationships with key stakeholders in all aspects of the industry and is well-respected. He will continue to be a great asset to our team and our customers in his new role.” McGee will oversee all aspects of MMPI’s High Point Properties which include, Market Square, The Suites at Market Square, Plaza Suites, Furniture Plaza, and National Furniture Mart. Reporting to McGee will be Karen Olson, vice president of marketing, Steve Johnson, vice president of administration, Mike Snider, vice president of operations, as well as 25 additional employees. “I see great potential and growth opportunities for MMPI in High Point, and am excited to be part of MMPI’s future growth strategy,” McGee said. McGee first joined MMPI as a director of leasing in 2000. He left MMPI in 2004 to serve as vice president of leasing for Showplace, a position he held until September 2007. MMPI High Point recruited McGee in October 2007 to rejoin the company as vice president of leasing. He started his career at America’s Mart in Atlanta as director of leasing for the furniture and accessory floors. McGee is actively involved with various local community organizations through his involvement on a number of boards and volunteer committees. McGee earned a Bachelor of Arts degree from Duke University. He resides in Greensboro with his wife and two children. About Merchandise Mart Properties Inc. (MMPI): Merchandise Mart Properties, Inc. (MMPI) is a trade show and property management firm, specializing in managing buildings devoted to wholesale showrooms and commercial office space. MMPI produces more than 300 trade shows, market events and conferences each year. MMPI manages The Merchandise Mart, 350 West Mart Center, and 33 North Dearborn in Chicago; Market Square, the Suites at Market Square, Hamilton Market, Plaza Suites, Furniture Plaza and the National Furniture Mart in High Point, N.C.; the Architects & Designers Building and 7 W New York in New York; the L.A. Mart in Los Angeles; and the Washington Design Center and Washington Office Center in Washington D.C. Vornado Realty Trust, owner of MMPI, based in New York City, is a fully integrated real estate investment trust. Vornado’s common shares are listed on the New York Stock Exchange and are traded under the symbol VNO. About High Point, NC and the High Point Market High Point Market is the largest home furnishings market in the world. MMPI manages nearly 2.1 million square feet in six buildings: Market Square, Suites at Market Square, Hamilton Market, Furniture Plaza, Plaza Suites, 300 S. Main, and the National Furniture Mart. With a rich history of excellence and unparalleled service, High Point Market is the primary destination for buyers and manufacturers of home furnishings and accessories. Twice a year, The High Point Market seven-day event encompasses 12 million square feet of showrooms and draws more than 80,000 attendees and buyers from around the globe from every channel of distribution, such as home furnishings dealers, department stores, specialty stores, catalog companies, discount/mass merchandisers and regional chain stores. For more information please visit www.merchandisemart.com or call 800.677.MART (6278).

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