2007-03-29 15:24:00 -

ORANGE COUNTY, Calif., March 29 /PRNewswire/ -- CVX Properties, a Scottsdale Arizona based REIT, has acquired Terry Bortnick as its President. Bortnick formerly was the president of REZA Investment Group.

Terry joins the team at CVX Properties, Inc. with over 19 years of real estate experience. Michael Roberts, founder and CEO of CVX Properties, Inc., says Bortnick is a dynamic charismatic leader that will lead CVX Properties in their bid to becoming one of the leading Real Estate Investment Trust's in the country. "Terry brings an astute blend of knowledge,

execution of deals and industry experience and respect that will put CVX Properties, Inc. in the forefront amongst our competitors." Bortnick served as an executive and was an integral part of the success of Pan Pacific Retail Properties, he has also shared in the success of the Hanes Company as a commercial real estate broker, and was with Merrill Lynch as a financial consultant before spearheading the presidency of Reza Investment Group.

Terry Bortnick will be headquartered at the CVX offices, which are located in Orange County California.

CVX Properties, Inc. is a Real Estate Investment Trust (REIT) organized for the purpose of acquiring, owning and internally managing revenue producing shopping centers in growth markets in the Western and Southwestern United States. Our management team is vested and committed to delivering secure growth and income to our shareholders. Through the experienced executive team they will utilize their ample knowledge of markets and industry relationships to build and operate one of the most paramount Real Estate Investment Trust in the commercial Shopping centers arena.

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com/ .

Source: CVX Properties, Inc.