Noting the three new appointees "will each play an instrumental role in promoting redevelopment in US communities," Joseph J. Sitt, chairman and CEO of Thor, adds, " Their experience and expertise in the urban retail/mixed-use sector will bolster Thor Equities' status." Thor is a development and investment company specializing urban projects and public/private partnerships.

With more than 25 years of real estate experience, Reich will be responsible for execution of new acquisitions. Most recently, he spent five years as a managing partner with Walden Partners LLC, an investor and operator of undervalued real estate assets. He also worked as a senior executive with Prudential Real Estate Investors where he completed more than $2.5 billion in real estate transactions.

English, in his new role, will oversee all aspects of construction on current and future projects. Prior to joining Thor, he served as VP of store planning and construction for Urban Brands in New Jersey where he managed the expansion of four of the company's divisions.