Staubach Retail Represented Hobby Lobby in Their Newest Location – 50,000 sq ft at Statesboro Crossing

Press Release

(Statesboro, Georgia) December 10, 2007 – Staubach Retail represented Hobby Lobby in the lease transaction of 50,000 sq ft at Statesboro Crossing in Statesboro, Georgia. Statesboro Crossing is a 50/50 joint venture between CBL & Associates Properties, Inc. and Ewing Southeast Realty. Steve Gunning, Vice President of Atlanta’s retail office, and Mike Leonard, Senior Vice President of Dallas’s retail office, represented Hobby Lobby. CBL & Associates Properties, Inc. is the landlord. Statesboro Crossing is the new retail development going in at the southwest corner of Brannen Street and the Veterans Memorial Parkway. It will offer 38,000 sq ft of specialty retail stores including Hobby Lobby.

A part of The Staubach Company, Staubach Retail provides a full range of services including brokerage, development, capital solutions, consulting and managed services to both retail users and retail owners of real estate. In addition, Staubach Retail has specialty focus in the areas of automotive, service and convenience, restaurant and entertainment, anchor and junior anchor, food and drug, and fashion and lifestyle retailers. With the largest, dedicated staff of retail real estate professionals in the country, Staubach Retail combines national coverage with local expertise to give clients a competitive edge in the retail arena.

The Staubach Company (www.staubach.com) is a market leading global real estate advisory firm that delivers cost-effective solutions for office, industrial and retail clients. It has extensive experience in strategic consulting, site selection, acquisition, disposition, construction consulting / project management, real estate administration, portfolio management, financing and capital solutions.

1,600 people in more than 70 offices throughout North America represent Staubach’s 3,000+ clients. Staubach completed 7,280 transactions totaling $28 billion and 200 million square feet during the fiscal year ending June 2007.