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Edens & Avant Opens Miami Office to Accommodate Expansion

    MIAMI, May 19 /PRNewswire/ -- Edens & Avant, one of the nation's
leading private retail real estate companies, announced today they are
expanding their presence in southern Florida and opening a Regional
Headquarters in Miami. Jami Passer has been hired as VP - South Florida to
head the new office and oversee development, redevelopment and acquisition
activities in this market.
    Terry Brown, Edens & Avant CEO, commented, "Miami is one of the most
dynamic retail markets in the country. As we have become more active in
this area, opening a regional office is an exciting step in accelerating
the development of our operating platform here."
    Currently, Edens & Avant has four assets under contract for acquisition
and three projects in its development pipeline in the Greater Miami market.
Like the Company's regional offices in Boston, Washington, D.C. and
Atlanta, the Miami office will be staffed with fully integrated
development, leasing and property management teams.
    "Our approach has been to establish a strong ownership presence in
targeted metro areas and manage our activities through local real estate
experts. As a native of Miami with extensive experience, we are very
pleased Jami is leading the charge for us in this important role in Miami,"
Brown continued.
    Passer brings substantial real estate and transactional expertise to
her new position. Prior to joining Edens & Avant, she was a partner and
consultant with P3 Partners, a South Florida real estate advisory firm.
Previously she was a Managing Director in the Real Estate Capital Markets
Group of Andersen Corporate Finance.
    Edens & Avant develops, owns and operates neighborhood shopping places
in primary markets throughout the East Coast. Focusing on innovative
development and redevelopment together with key acquisitions in urban
areas, the Company has built a portfolio of more than 170 retail centers in
18 states, including over 15 properties in Florida. Edens & Avant has
Corporate Offices in Columbia, SC. For additional information about the
Company and its retail real estate portfolio, please visit
http://www.edensandavant.com.


SOURCE Edens & Avant




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Related links:
  • http://www.edensandavant.com
    CONTACT:
    Julie Culbreath of Edens & Avant,
    +1-803-744-2446, or jculbreath@edensandavant.com