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ZIFF PROPERTIES ACQUIRES PROMENADE AT JONES BRIDGE - Alpharetta, GA

Ziff Properties, Inc. today announced the acquisition of Promenade at Jones Bridge, a 38,312-square-foot retail center located in Alpharetta, GA (Atlanta MSA). The property was purchased for $4.825 million. Jack Haden with NAI facilitated the transaction.

Chief Operating Officer and Director of Acquisitions, Christian Chamblee says, “We look forward to the value-add opportunities that come along with this acquisition. Under ZPI’s management and a new leasing strategy, we are confident this center will thrive.”

For Further Information:

Jordanna Reilly

843.724.3417

jreilly@zpi.net

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