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Fresh Market to Anchor Edens & Avant's Corridors at Ponte Vedra

    COLUMBIA, S.C., Oct. 6 /PRNewswire/ -- Edens & Avant announced today
The Fresh Market will relocate their Ponte Vedra, Florida store to
Corridors at Ponte Vedra, a well positioned center at the intersection of
Tournament Players Boulevard and A1A North. The store plans an opening of
mid-year 2007. Ponte Vedra is an upscale coastal community outside of
Jacksonville, Florida.
    "We have been fortunate to work closely with The Fresh Market on a
number of deals and felt this was a substantial opportunity for them as
well as residents here," commented Lyle Darnall, Edens & Avant VP of
Development - Southeast. "Their newest store format offers an incredible
shopping experience that was designed for the demographic you find in this
market and will set the bar for planned future improvements to our center."
    The 38,000 square-foot anchor space previously used by another grocer
will be subdivided. Approximately 26,000 square feet will be reconfigured
to accommodate The Fresh Market's prototypical store format. The remaining
space will feature additional retail.
    "We are excited about the opportunity to relocate our current store
location in the Ponte Vedra market," said Randy Kelley, The Fresh Market VP
of Real Estate. "We feel confident that our new site and expanded store
layout will allow us to better serve our customers."
    As one of the nation's leading private retail real estate companies,
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. Edens & Avant has Regional Headquarters in Boston, Washington,
DC, Atlanta, Miami and Columbia, SC (Corporate Office). 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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    CONTACT:
    Julie Culbreath of Edens & Avant,
    +1-803-744-2446 or jculbreath@edensandavant.com