Edens & Avant Develops Publix-Anchored Hendrix Crossing

Feb 11, 2010

COLUMBIA, S.C., Feb. 11 /PRNewswire/ -- Construction has begun at Hendrix Crossing, a 61,725 square-foot neighborhood center being developed in Lexington, SC, by Edens & Avant, one of the nation's leading retail real estate companies. Publix will anchor the center, which opens early February 2011.

"Publix's decision to have a second location in Lexington validates the tremendous growth we've seen there in the past ten years - a more than 50% increase in population," remarked Lyle Darnall, Edens & Avant Managing Director. "We're looking forward to bringing more convenient shopping to this expanding community."

Hendrix Crossing is located at the intersection of Highway 378 and Charter Oak Road, a major artery connecting the Lake Murray neighborhoods to Interstate 20. The center is poised to capture the future residential growth along the Highway 378 corridor. Planned for the center is a blend of national and regional retailers that will complement Publix, offering restaurants, convenience services and some traditional shop retail. The center is 83% pre-leased, with two outparcels and several small shop spaces currently being marketed.

Edens & Avant develops, owns and operates neighborhood shopping places in primary markets throughout the East Coast. Focusing on innovative development and redevelopment together with key acquisitions in urban areas, the Company has built a portfolio of more than 130 retail centers in 15 states. Edens & Avant has Regional Headquarters in Boston, Washington DC, Atlanta, Miami and Columbia, SC (Corporate Office).  For additional information about the Company and its retail real estate portfolio, please visit www.edensandavant.com.

SOURCE Edens & Avant