Aronov News

Burlington Coat Factory To Anchor Western Hills Mall

For Immediate release - August 10, 2006

Contact: Robin Raiford, Aronov Realty Management, 334/277-1000 or robin.raiford@aronov.com

Montgomery, Alabama - Officials at Western Hills Mall, a 527,000+ square foot regional mall serving western Birmingham, Alabama and surrounding areas, recently announced that Burlington Coat Factory will anchor the mall in the space formerly occupied by Parisian. The opening of the 72,000+ square foot store is slated for the Spring of next year.

In their new location, Burlington Coat Factory will offer Western Hills Mall shoppers current, high quality, designer merchandise at prices up to 60% below those at other department stores. The store will feature coats for the entire family, accessories, ladies’ sportswear, menswear, a shoe department, a youth department, Luxury Linens and Baby Depot.

The announcement of Burlington Coat Factory at Western Hills Mall is part of a planned mall redevelopment that includes the addition of a brand new 183,000 square foot Wal-Mart Supercenter that is currently under construction and slated to open later this year.

“Exciting changes are happening at Western Hills Mall,” stated Owen Aronov, President of Aronov Realty Management, Inc., who manages the mall. “And the addition of a great retailer like Burlington Coat Factory is evidence of the mall’s strong position in the market area. We are confident Burlington will be well received throughout the market. Burlington offers a broad array of merchandise and this will continue to create an even more exciting and enjoyable shopping environment for our customers.”

The Burlington Coat Factory at Western Hills Mall will be the sixth Alabama location for the popular retailer, who operates more than 350 stores in 44 states.

A Burlington Coat Factory spokesperson stated, “We are excited to be a part of the community and to offer our high quality merchandise in a brand new, exciting retail environment at Western Hills Mall. In addition to our great merchandise at outstanding prices, we look forward to community involvement through our Project Checkpoint ® and programs for expectant parents through our Baby Depot department.”

The new Burlington Coat Factory will employ more than 50 full and part time employees.

“The transformation that Western Hills Mall is currently undergoing is exciting for the City of Fairfield and surrounding areas,” said Mayor Michael Johnson, City of Fairfield. “Area residents are excited about the new retailers and the major improvements to the mall and are ecstatic about the addition of new jobs and increase in sales tax revenue.” Johnson said that the Mall improvements will also serve as a major contributor in the continued growth and development along the retail hub.

Western Hills Mall is managed and leased by Aronov Realty Management, Inc. Aronov is the largest privately-owned, fully diversified real estate company in the Southeast with over 100 properties, and performs acquisitions, development, management, leasing and brokerage services for its portfolio and property owned by third parties.

Businesses interested in leasing opportunities at Western Hills Mall may contact Craig Waters at 334-277-1000 or craig.waters@aronov.com.

For more information about Burlington Coat Factory, visit www.burlingtoncoatfactory.com. For more information about Aronov, visit www.aronov.com.

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