Alan Ades

In addition to being a founder and principal shareholder of Rugby Realty, Mr. Ades is also the President, a founding member, and substantial shareholder of A&E Stores, Inc., a premier operator of apparel stores on the East Coast and Chicago. Mr. Ades has over 40 years experience in commercial real estate with extensive knowledge of both retail and office markets. LARRY WALSH Principal & Chief Operating Officer - Pittsburgh Mr. Walsh is a Principal with Rugby Realty Co., Inc. and the Chief Operating Officer of the Pittsburgh Region. He manages all aspects of the day-to-day operations of the Pittsburgh Portfolio. Mr. Walsh joined Rugby in 2003 after a successful career developing CVS/pharmacy drug stores across the country for Armstrong Development, headquartered in Pittsburgh. He was born and raised in Pittsburgh, and earned a Master’s Degree from Carnegie Mellon University in Public Policy and Management with a concentration in Urban and Regional Economic Development. ALBERT ERANI Principal In addition to being a founder and principal shareholder of Rugby Realty, Mr. Erani is also the Chief Operating Officer, a founding member, and a substantial shareholder of A&E Stores, Inc., a premier operator of apparel stores on the East Coast and Chicago. Mr. Erani has over 40 years of experience in commercial real estate as an owner and developer. DENNIS ERANI Principal In addition to being a founder and principal shareholder of Rugby Realty, Mr. Erani is also a Senior Vice President, founding member, and a substantial shareholder of A&E Stores, Inc., a premier operator of apparel stores on the east coast and Chicago. Mr. Erani serves as the Chief Merchandise Manager for A&E Stores, Inc.