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Posted: Feb 16, 2009

FOR IMMEDIATE RELEASE: February 16, 2009

Contact: Sydney Townsend
stownsend@sunwestpr.com
Sunwest Communications
(214) 373-1601 or (972) 979-9351

KDC NAMES NEW CHIEF FINANCIAL OFFICER AND PROMOTES EXECUTIVES AS PART OF EXPANDED BUSINESS PLATFORM
Board of Directors also formed to guide future growth

DALLAS – Dallas-based KDC has named Kim Bonfield chief financial officer and promoted three of its top executives. The company has also appointed a board of directors to guide KDC’s increased acquisition and investment activity throughout the United States.
KDC has promoted Scott Ozymy to executive vice president, and he also will serve as chief investment officer and as a member the investment committee. Don Mills and Mike Rosamond have both been promoted to executive vice presidents of project and construction management.

“As we begin 2009 with an expanded business platform, it also requires us to have a strong foundation in place to evaluate our investment and development opportunities,” said Steve Van Amburgh, CEO of KDC. “Each of these individuals brings a strong skill set and proven track record to the table as we continue to become more of a comprehensive, full-service real estate development and investment company.”

KDC’s broadened business platform includes the formation of a board of directors. Board members include Steve Van Amburgh, CEO of KDC; Tobin Grove, president of KDC; Heather Kreager, senior vice president of Sammons Corporation; Jack Lowe, former and now-retired CEO of TDIndustries; Morton Meyerson, founder and chairman of E2M Partners; and Paul Rowsey III, founder and partner of E2M Partners.

Prior to joining KDC, Kim Bonfield served as chief financial officer and partner for Macfarlan Capital Partners, where she was responsible for fund management. Prior to Macfarlan Capital Partners, she spent 12 years at Goldman, Sachs & Company and Trammell Crow Ventures. Bonfield is a CPA and holds a bachelor’s degree and master’s degree in business administration from University of Texas at Arlington.

Scott Ozymy, who has been with KDC for more than nine years, will now be responsible for project level financing, along with investment underwriting and transaction structures.

In their new roles as executive vice presidents, Don Mills and Mike Rosamond will now co-manage all construction and design activities for KDC. Each of them has been with KDC for more than 10 years and both have managed some of the company’s largest and most complex projects, including Blue Cross and Blue Shield of Texas’ headquarters, Nortel Networks’ campus, multiple Citigroup call centers, Nokia’s Americas headquarters and Chevron’s gold LEED certified office building.

In early January 2009, KDC unveiled a branding campaign designed to recognize the company’s expanding business platform beyond corporate office and industrial development to include increased acquisition and investment activity throughout the United States. KDC now features the new tagline: “Real Estate Development and Investments” on its marketing materials and launched a new Web site, www.kdc.com.

KDC has completed more than 90 corporate build-to-suit office and industrial projects valued in excess of $2.5 billion and totaling more than 13 million square feet. Clients include Blue Cross and Blue Shield of Texas, Citigroup, Denbury Resources, EDS, FedEx, Intuit, Prudential, Rent-A-Center, Sally Beauty Supply, and other leading companies. KDC’s current portfolio is 90 percent leased. All of KDC’s current office and build-to-suit projects in development are “green.”

About KDC
KDC, one of America’s leading commercial real estate and investment companies, provides a full range of commercial real estate services including corporate build-to-suit development, acquisitions, corporate facility project/construction management, project financing, asset and land management, and marketing and leasing. KDC is headquartered in Dallas and has offices in Atlanta; Charlotte, N.C.; and Detroit. For more information visit www.kdc.com