The Shopping Center Group Adds New Division

ATLANTA, May. 12 /PRNewswire/ --

ATLANTA, May 12 /PRNewswire/ -- Check your math. 1 + 1 no longer equals 2, but rather, a great deal more. It's with a great deal of pride that we announce the addition of Annapolis based SiteWorks as a new division of Atlanta based, The Shopping Center Group.

Why is that big news?

"This merger not only brings together two of the most dynamic retail real estate service providers in the United States but unites two industry leading companies with complimentary skill sets to create a truly full service retail real estate offering," according to David Birnbrey, Chairman and co-CEO of The Shopping Center Group.

Sam Latone, President and co-CEO of The Shopping Center Group, continues, "The Shopping Center Group is always looking for new ways to better serve our clients. SiteWorks' service offerings rounds out TSCG's menu of services, enabling us to provide more value to our clients."

When asked why the two companies decided to merge, Nick Egelanian, President and Founder of SiteWorks, said, "We started as friends, developed a unique and productive business relationship and stand on the precipice of a great new blend of synergistic talents."

About SiteWorks

Founded by Nick Egelanian, SiteWorks is nationally recognized for their knowledge of markets and retailing throughout the United States. SiteWorks has advised specialty retailers, including Elizabeth Arden Red Door Spas, Balducci's, Stuart Weitzman, Jos. A Bank and FAO Inc., among others, regarding expansion programs and strategic site selection on a national basis. In addition, SiteWorks consults with developers throughout the Country on all aspects of specialty center development, ranging from site selection and project merchandising to specialty leasing and marketing. They have participated in the development of projects in Reno, NV and Ft. Collins, CO and have assisted in the pre-development activities for projects in Orlando, FL; Petaluma, CA; Leigh Valley, PA and E. Fishkill, NY.

About The Shopping Center Group

Headquartered in Atlanta, Georgia, The Shopping Center Group is a full service retail real estate services firm. TSCG represents over 300 national, regional and local retailers and restaurants, exclusively leases over 55 million square feet of retail space, manages over 7 million square feet of retail space, sold over $700 million in investment property and land in the last 12 months, and completed $250 million in surplus property dispositions in the last 18 months. In 2007, TSCG's total transaction volume approached $2 billion. Founded in 1983, The Shopping Center Group has over 210 experienced professionals in 24 offices nationwide.

Media Contact:

Erin Weber | 770.955.2434

erinw@theshoppingcentergroup.com