1st Quarter Activity at Combined Properties

Combined Properties, Incorporated continued to experience strong leasing activity during the 1st quarter. Leases representing nearly 33,000 square feet were executed during the first 3 months of 2011, resulting in (10) new tenants coming to shopping centers managed by Combined Properties, Incorporated. New leases include:

• 7,685 SF Fashion Q at Loehmanns Plaza (Reseda, CA)
• 6,500 SF Aaron’s Rent at Enterprise Plaza (Lanham, MD)
• 5,527 SF AT&T Mobility at Santa Monica & La Brea (West Hollywood, CA)
• 2,713 SF GameStop at Columbia Road (Washington, DC)
• 2,200 SF Little Ceasars at Silver Hill Plaza (District Heights, MD)
• 2,155 SF Carousel Consignments at Manaport Plaza (Manassas, VA)
• 2,000 SF My Nails at Courthouse Plaza (Fairfax, VA)
• 1,640 SF GameStop at Greenway Center (Greenbelt, MD)
• 1,200 SF Great Clips at Charles County Plaza (Waldorf, MD)
• 1,200 SF Orek at Charles County Plaza (Waldorf, MD)

Other significant activity at Combined’s shopping centers during the 1st quarter include:

• TJ Maxx opened a new 24,486 SF location at Maryland City Plaza in Laurel, MD.
• The AJ Wright store at Enterprise Plaza in Lanham, MD recently converted to TJ Maxx (25,000 SF).
• Retro Fitness at White Flint Plaza in Rockville, MD commenced business in an 11,831 SF space.
• 5 Below joined the merchants at 40 West Plaza in Baltimore, MD occupying a 7,500 SF space.
• Chase Bank opened for business in a 4,500 SF space at Santa Monica & La Brea in West Hollywood, CA.
• Two (2) Verizon stores totaling 4,153 SF opened for business in our Southern Califormia portfolio (Commons at La Verne and Mart of Montebello).

Firm Background

Combined Properties, Incorporated is a full-service real estate firm headquartered in Washington, DC with an office in Beverly Hills, CA. Founded in 1984, Combined Properties has consistently been ranked as one of the top private owners of retail centers in the Washington metropolitan area. With a portfolio comprised of 5 million square feet and a $400 million development pipeline, the firm is now branching out from its concentration in retail real estate by applying its multidisciplinary expertise in the areas of development, asset management, leasing, and finance, to developing innovative mixed-use properties.

For more information visit our website: www.combined.biz