PORT WASHINGTON, N.Y., Sept. 29 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that Paul G. Kirk, Jr. has resigned as a director of the Company as the result of his appointment as a United States Senator for Massachusetts to the seat previously held by the late Senator Edward Kennedy. Senator Kirk, a director of the Company since 2005, also served as Lead Director and Chairman of the Company's Nominating and Corporate Governance Committee.

Leo S. Ullman, Cedar's CEO, stated, "Paul Kirk's (now Senator Kirk's) guidance and service as a director of our Company, and indeed, Lead Director, has been invaluable. His dedication to our Company and his service for five annual terms on our Board, has been enormously beneficial to Cedar and its stockholders. We will miss his sage advice, insights, judgment, thoughtfulness, elegance and humor. On behalf of our Board, our management team and all our colleagues, we know that he will serve the U.S. Senate, the Commonwealth of Massachusetts and the country with great distinction; we are extremely proud of our affiliation with Senator Kirk during the past five years; and we wish him every continued success and good fortune in his new position."

About Cedar Shopping Centers

Cedar Shopping Centers, Inc. is a fully-integrated real estate investment trust which focuses primarily on ownership, operation, development and redevelopment of "bread and butter" supermarket-anchored shopping centers in coastal mid-Atlantic and New England states. The Company presently owns and operates approximately 12.6 million square feet of GLA at 120 shopping center properties, of which approximately 75% are anchored by supermarkets and/or drugstores with average remaining lease terms of approximately 11 years. The Company's stabilized properties have an occupancy rate of approximately 95%. The Company has also announced a pipeline of approximately 11 substantially pre-leased primarily supermarket- and drugstore-anchored development properties.

Additional financial and descriptive information on the Company, its operations and its portfolio can be accessed through the Company's website at www.cedarshoppingcenters.com.

SOURCE Cedar Shopping Centers, Inc.