Katz & Associates Named Exclusive Agent for Timberland

Katz to Handle Retail Real Estate For Growing Shoes, Clothing and Accessories Stores

Pearl River, NY (May 2001): Katz & Associates, one of the nation's most rapidly growing national retail real estate firms, announces the addition of Timberland®, to its expanding client roster, according to Daniel B. Katz, President and CEO.

Katz has signed a national exclusive agreement to handle retail real estate transactions for Timberland, a footwear, apparel and accessories store for men, women and children. The stores, which will be approximately 2,500 square feet in size will be located in mall and free-standing structures. Currently, there are 22 Timberland stores located in such areas as Los Angeles, San Francisco, Washington, DC, Atlanta, Chicago, St. Louis, Dallas, and Pittsburgh in addition to international locations in Vienna, Hong Kong, Paris, Berlin, Milan, Tokyo, Madrid and London. Timberland is traded publicly on the New York Stock Exchange under the symbol TBL.

Farron Roboff, Senior Vice President, Northeast Region, Katz & Associates, is managing this assignment.

Katz & Associates Corporation is the largest and most widely recognized retail real estate organization of its kind. The firm provides representation in strip centers, regional malls and city streets for national retail clients including Linens-N-Things, Mikasa, Party City, Phillips-Van Heusen, K·B Toys, Galyan's Trading Company, Candie's and AfterHours by Mitchell's. 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

Timberland's Website:

www.timberland.com

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