Press

October 09 , 2007

The Retail Connection, L.P. and N3 Development, Ltd. Form Strategic Retail Alliance

The Retail Connection, L.P. and N3 Development, Ltd. Form Strategic Retail Alliance

October 9th, 3007 - The Retail Connection L.P., a real estate services and investment company has announced a strategic relationship with Fort Worth based N3 Development, Ltd. Alan P. Shor, President of The Retail Connection, and William W. “Biff” McGuire, Chief Executive Officer of N3 confirmed the newly formed alliance which will focus on the respective strengths of both companies. Shor stated “the combination of our retail relationships and end to end real estate delivery, with N3’s history of successfully rolling out fast growth, single pad retail development, will provide a powerful solution for our retail clients.” Both organizations have established high profile tenant networks, and are known for quality developments. Biff McGuire noted that “where The Retail Connection brings a portfolio of solid tenant relationships to larger scale developments, we bring the ability to build out the single tenant, single pad site users quickly and efficiently. The Retail Connection, with over 160 retail relationships, and over 16 million square feet in leasing assignments, has also become one of the most active retail developers in the Texas market, having secured 11 development opportunities totaling approximately 5 million square feet of Hybrid, Lifestyle and Power Centers. Headquartered in Dallas with additional offices in Houston and San Antonio, 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. Additional information on The Retail Connection, L.P. is available at www.theretailconnection.net. As a credit tenant net lease developer, N3 typically owns the land and building in their developments, which are constructed to the retailer’s specifications. Since its founding, the fast-growing N3 has completed 74 developments in 14 states totaling $100 million. Today N3 has more than 50 projects under construction ranging from 1,700 square foot, free-standing pad retail sites, to a 200,000 square foot power center. Based in Fort Worth, Texas, N3 has significant development experience throughout Texas and has developed in all 50 states. For more information on N3 Development, Ltd., visit www.n3realestate.com. “We are extremely excited about the relationship with N3 because of our similar philosophical approaches to doing business, and have already begun work on several unique deals which we hope to announce in the near future,” added Shor. Media Information | Interviews: Leisa Barger l Senior Vice President Marketing l The Retail Connection 214.572.8401 or 214.415.0999 Alan P. Shor l President & Co-Chairman l The Retail Connection 214.572.8404 William W. “Biff” McGuire l Chief Executive Officer l N3 817.632.4557