Retail Real Estate Transcations Includes Exclusive Agreement With


Pearl River, NY, June 6, 2000: Katz & Associates, a rapidly growing national retail real estate firm, announces the addition of Storage Mall to its client roster, according to Daniel B. Katz, President.

Katz will exclusively handle national and regional real estate transactions for Storage Mall. Storage Mall redevelops space for self-storage, thereby creating a new source of revenue from otherwise unused space. From 25,000 square feet in densely built-up markets to upwards of 60,000 - 80,000 square feet, Storage Mall will take awkward or poorly located space that are not appropriate for other retail or commercial uses to turn into self-storage outlets. This assignment is being handled by John Meyerdierks, Senior Vice President, Western Region, Katz & Associates.

"We're thrilled to be part of such a ground-breaking opportunity," notes Daniel Katz. "By tying in to our established landlord contacts, we are able to offer Storage Mall the opportunity to grow in often unused or underused space in basements or mezzanine locations of malls and free-standing structures."

In addition, Katz is responsible for the following retail real estate transactions for Spring 2000: Nordstrom Rack - Scottsdale, AZ, 35,000 square feet; Pic 'N Save - Modesto, CA, 21,621 square feet; Linens 'N Things - Fayetteville, GA, 34,000 square feet; The Avenue - Worcester, MA, 4,000 square feet; Big Lots - Lynn, ME, 26,200 square feet; Best Buy - Westbury, NY, 48,000 square feet; The Avenue - Middleburg Heights, OH, 5,400 square feet; Pic 'N Save - Albany, OR, 18,736 square feet; and Linens 'N Things - San Antonio, TX, 34,000 square feet.

Katz & Associates Corporation is the largest and most widely recognized retail real estate organization of its type. The firm serves leading national retailers in providing representation in strip centers, regional malls and city streets. Katz' services also include strategic consulting, portfolio evaluation, comprehensive mall leasing and repositioning programs, making the company a complete retail real estate source.

Contact Information:

Claudine McGinnity
Katz & Assoicates
(845) 735-6666 Ext.202
ClaudineMcginnity@dkatz.com

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