Edens & Avant Continues to Focus on Expansion in DC Region

WASHINGTON, Aug. 23 /PRNewswire/ -- As part of its continued plan to increase its presence in the Washington DC Area, Edens & Avant announces the recent acquisition of Hunters Woods in Reston, Virginia. Located at the northeast corner of Colts Neck Road and Glade Drive, Hunters Woods will be the Company's 30th retail center in the DC Metropolitan Area.

"The Hunters Woods acquisition marks another strong addition to our DC portfolio," commented Steve Boyle, Managing Director for Edens & Avant. "Anchored by Safeway and located in a densely populated area, Hunters Woods is a long-established retail destination that is well positioned for strategic redevelopment."  The 120,195 square foot shopping center is slated for redevelopment in 2011.

About Edens & Avant

Edens & Avant develops, owns and operates neighborhood shopping places in primary markets throughout the East Coast, including 37 retail centers in the Mid-Atlantic Region. Focusing on retail in major metro areas, the Company has built a portfolio of more than 129 retail centers in 15 states. Edens & Avant has Regional Headquarters in Boston, Washington DC, Atlanta, Miami and Columbia, SC. For additional information about the Company and its retail real estate portfolio, please visit www.edensandavant.com.

SOURCE Edens & Avant