Len O'Donnell Joins USAA Real Estate Company as President and Chief Operating Officer

SAN ANTONIO, Feb. 8, 2011 /PRNewswire/ -- USAA Real Estate Company is pleased to welcome Len O'Donnell as President and Chief Operating Officer, overseeing all operations of the company.

(Photo:  http://photos.prnewswire.com/prnh/20110208/DA44442)

(Logo:  http://photos.prnewswire.com/prnh/20100915/DA65106LOGO-b)

O'Donnell comes to USAA Real Estate Company with more than 25 years of extensive real estate experience as President and CEO of Crimson Capital Ltd and Principal of Crimson Real Estate Fund, based in Houston. Prior to Crimson, Len spent 10 years as a leading investment sales broker in Washington, D.C. He is a graduate of the University of Delaware.

"Len brings a tremendous amount of talent, drive and a very strong can-do attitude to our company," says USAA Real Estate Company Chairman and CEO Pat Duncan. "We have enjoyed a close working relationship with him over the years, and we look forward to having him help guide the company to even bigger and better achievements going forward."

USAA Real Estate Company, with approximately $6 billion assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies with annual volume transactions exceeding $3 billion. USAA Real Estate is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.

SOURCE USAA Real Estate Company

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