Aronov News

Aronov Opens Two New Shopping Centers on Same Day

Release Date: October 15, 2010

Montgomery, Alabama – Shopping center developer Aronov Realty Management, Inc. recently celebrated the simultaneous openings of their two newest grocery-anchored shopping centers in Dothan, Alabama. The new 76,740 square foot Westway Shopping Center and the new 63,800 square foot Cottonwood Corners Shopping Center, both featuring Publix Super Market as anchors, opened at 8:00 am on October 6, 2010. The simultaneous openings were a first for Aronov and for Publix.

“Not only are we pleased to be the developer to introduce Publix to the Dothan market,” stated John Argo, project developer with Aronov Realty Management, Inc., “we are thrilled to bring these two beautiful new retail centers and Publix to the market at the same time on the same day. In the 58 year history of Aronov and the 80 year history of Publix, the simultaneous openings we just celebrated mark a milestone for both companies.”

Official ribbon cutting ceremonies were held at each shopping center with representatives from Aronov, Publix, the Dothan Area Chamber of Commerce, Houston County and City of Dothan officials on hand for the event. Both projects were completed and opened ahead of schedule.

“What an extraordinary day it was for Publix as the city of Dothan opened its arms to us as a neighbor and family almost immediately,” stated Dwaine Stevens, media and community relations manager for Publix Super Markets. “We, too, are thrilled to be here and look forward to demonstrating our Founder’s legacy of servitude and giving to this remarkable community.”

In addition to Publix, the new Westway Shopping Center and Cottonwood Corners Shopping Center will feature 20 retailers providing a wide array of dining, shopping and personal services. Both shopping centers are fully leased and all stores at both centers will open within the next 30 to 90 days.

About Publix: Publix is owned and operated by its more than 142,000 employees, with 2009 sales of $24.3 billion. Currently Publix has 1,023 stores in Florida, Georgia, South Carolina, Alabama and Tennessee. The company has been named one of Fortune’s “100 Best Companies to Work For in America” for 13 consecutive years. In addition, Publix’s dedication to superior quality and customer service is recognized as tops in the grocery business, most recently by an American Customer Satisfaction Index survey. For more information, visit www.Publix.com.

About Aronov: Aronov is the largest privately-owned, fully diversified real estate company in the Southeast with over 150 properties, and provides acquisition, development, management, leasing and brokerage services at properties it owns and at properties owned by others. Leasing inquiries may be made to Steve Wallace at Aronov at 334-277-1000 or Steve.Wallace@Aronov.com. For more information about Aronov, visit www.Aronov.com.

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