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November 06 , 2007

The Retail Connection, L.P. Announces the Hiring of David E. Kayle to Lead the Company’s Connected Development Services, L.L.P. in Houston Market

Dallas, Texas – November 6th, 2007 -- The Retail Connection, L.P., a real estate services and investment company has announced the hiring of development veteran, David E. Kayle as Senior Vice President of Connected Development Services, L.L.C., a wholly owned subsidiary. David Wilson, President of Connected Development Services, and David Stukalin, President of The Retail Connection, Houston, made the announcement official on Monday. “David [Kayle] brings a distinct level of credibility and influence that will be instrumental in moving our development activities in the Houston market forward with maximum effectiveness,” said Wilson. “We have several development opportunities we are currently engaged in discussions around, and Kayle will assume responsibility for those efforts. We expect to have some definitive plans and announcements on these projects very soon,” remarked Wilson. As Director of Real Estate for H.E.B. Grocery Company for the past 11 years, Kayle completed 55 new store projects for the Houston division of the Texas-based grocery chain. Prior to his success with H.E.B., Kayle served as Director of Real Estate for Fiesta Mart, Inc. for over 8 years, taking the Fiesta brand from Houston into Austin and Dallas. During his 25 year commercial real estate career in Houston, Kayle completed over 100 grocery - anchored developments, both freestanding and in shopping centers, which led to his being a finalist for the Houston Business Journal’s Legacy Award for HEB’s Houston Central Market Location. Kayle stated that he looked forward to his role enhancing The Retail Connection’s tenant representation programs by extending the company’s full service, end to end solutions in the fourth largest market in the U.S. “What I bring to the mix is local expertise in this somewhat complex market,” said Kayle. Kayle also served as former State Retail chairman of the International Council of Shopping Centers (ICSC) and was former Chairman of the Planning and Zoning Commission of Spring Valley. Kayle has been an active member on the Board of the Houston Food Bank. "As The Retail Connection evaluated potential development partners to join the Houston office, David Kayle was clearly our first choice.” “His reputation, work ethic and market knowledge are unmatched in greater Houston,” stated David Stukalin. “In addition to David’s great reputation, his ability to use his 25 years of Houston retail site selection and acquisition experience will give the company’s clients a strong competitive advantage with their expansion needs,” said Stukalin. Steven A. Lieberman, The Retail Connection’s CEO said “we have seen exponential growth in our development services over the past three and a half years, due to our tenant driven development platform.” “We needed an individual with significant local experience to expand our reach into the Houston market, and David is the perfect fit.” “We continue to build the depth of our organization, and David’s experience will further reinforce our Houston program,” added Alan P. Shor, President of The Retail Connection. The Retail Connection provides strategic planning, tenant representation, project leasing, general brokerage, surplus property dispositions, national advisory services, as well as acquisition, development and merchant banking services. The Retail Connection | Connected Development Services collaborates with clients as partners to create projects designed to meet their objectives. By leveraging the synergy of the organization’s brokerage, advisory and investment services platforms, The Retail Connection is able to extend the reach of each client’s expansion programs. The Retail Connection currently represents 164 retail chains, over 16 million square feet in leasing assignments, and has 11 projects totaling approximately 5 million square feet of Hybrid, Lifestyle and Power Centers. The company is headquartered in Dallas with offices in Houston and San Antonio. Additional information on The Retail Connection, L.P. is available at Media Information | Interviews: Leisa Barger l Senior Vice President Marketing l The Retail Connection 214.572.8401 or 214.415.0999
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