Talbots and New Eateries Join Village Area of Crosland’s Shops at Greenridge

Greenville, S.C., Jan. 20, 2005 – The Shops at Greenridge, a 600,000-square-foot regional center being developed by Crosland, one of the Southeast’s leading real estate firms, has signed a lease with Talbots, a leading national specialty retailer of women’s classic apparel. Talbots will be a primary tenant in Greenridge’s village area, a distinct central shopping district within Greenridge featuring specialty shops and restaurants. Joining Talbots in the village area are Panera Bread and three tenants making their Greenville debut: Brixx Wood-Fired Pizza, Cold Stone Creamery and Yankee Candle.

Talbots will be located next to Barnes & Noble and will occupy 10,527 square feet of the 100,000-square-foot central shopping district, which is designed with wide pedestrian pathways, sitting areas and a landscaped plaza, ideal for outdoor dining and entertainment. The store will incorporate Talbots Misses, Petites and Woman, all under one roof.

“We are delighted to be opening three stores at The Shops at Greenridge, a setting that gives us the opportunity to provide our customers with a wonderful shopping environment featuring a strong mix of specialty retailers and restaurants,” said Phil Tracey, senior public relations specialist for Talbots.

Known for its hand-crafted pizzas cooked in a wood-burning oven, Brixx will make its Greenville debut in a 3,504-square-foot restaurant that will lead directly into the plaza area of the village. This heavily landscaped area will provide convenient outdoor dining spaces for both Brixx as well as Panera Bread, which will occupy 5,725 square feet of space on the other side of the plaza. Next door to Brixx, a 1,351-square-foot Cold Stone Creamery ice cream store will feature a wide assortment of traditional and exotic ice cream cakes and flavors, including apple pie, cheesecake and mint chocolate chip. The plaza’s centerpiece feature – a six-foot-tall cascading fountain – will be an ideal gathering place for shoppers and diners throughout the day and during the evening, when it will be illuminated by soft lights.

Located at the end of a row of specialty shops and restaurants that flank the fountain area, the 1,606-square-foot Yankee Candle store will feature a variety of candles in many different scents, in addition to candle accessories, gift sets, and other home fragrance collectibles.

“The village component creates a shopping, dining and entertainment oasis of sorts, similar to what you would see in a lifestyle center, which is a completely new concept for this market,” said Charles Thrift, leasing associate with Crosland.

Construction is underway on the village area, which is scheduled to be complete late this summer.

The center’s 165,700-square-foot Lowe’s is nearing completion, while work is underway on the other junior anchors, which include Best Buy, Dick’s Sporting Goods, Off Broadway Shoe Warehouse, OfficeMax, PETsMART, Ross Stores and Total Wine & More.

The Shops at Greenridge is a $64 million venture between Crosland and Core Properties. Crosland is the lead developer for the project, which is the company’s first retail center in the Greenville area, while Core Properties is managing outparcel sales. The contractors are Myers & Chapman and Shelco. LS3P is the project architect, with Freeland & Kauffman serving as the civil engineers. Bank of America is the lender.

The land was previously owned by the late John D. Hollingsworth. Funds from the purchase have gone to Hollingsworth Funds Inc., which provides funding for various Greenville charitable entities.