USF CEO Stryker calls it quits
Laurey Stryker, the chief executive officer of the USF Sarasota-Manatee regional campus, announced her plans to retire Thursday. Stryker, who has been in the position since October 2000, will stay until January 2007. This will allow Stryker to guide the campus through its August transition to a new $26.5-million facility and will give the college time to find a replacement.
Before USF President Judy Genshaft named Stryker to the position as CEO, she worked as the vice president for information technology, human resources and budget at USF Tampa.
University Mall on the market
USF’s close neighbor University Mall is up for sale by its owners, Ohio-based real estate investment company Glimcher Realty Trust. Glimcher is putting University and five more malls it owns elsewhere in the United States up for sale because they are not performing well. By selling University and the other properties, the firm expects an overall profit return of $10 million to $30 million.
While University is performing the best out of the five properties Glimcher is selling, the firm does not see the value in owning the property any longer. Though University makes a respectable $325 profit per square foot over its total square footage of 1.3 million square feet, Westshore Plaza in Tampa – which is also owned by Glimcher, according to its Web site – makes a profit of $466 per square foot and it has slightly more than one million in total square footage.
– Staff Report