Aronov News

Dogwood Promenade Welcomes Target & PetsMart

For Immediate Release, October 4, 2004

Montgomery, Alabama - Aronov Realty Management, Inc., today announced the opening of Target and PetsMart at Dogwood Promenade in Flowood, Mississippi. Target and PetsMart are the first retailers to open at the 300,000+ square foot shopping center located on Lakeland Drive at Old Fannin Road.

The new 123,700 square foot Target opened with the company’s latest and most exciting store format. PetsMart, offering the industry’s broadest line of products, opened in a brand new 19,100 square feet location.

Dogwood Promenade is located directly across Lakeland Drive from Aronov’s Dogwood Festival Market, Mississippi’s only open-air lifestyle shopping center. Since its opening in 2001, Dogwood Festival Market has led the way for explosive retail growth in East Jackson.

“We are pleased to welcome Target and PetsMart to Dogwood Promenade, and look forward to the opening of Kroger, SteinMart and other fine retailers in the coming weeks,” said Jake Aronov, Chairman and CEO of Aronov Realty Management, Inc. “The exciting line-up of stores at Dogwood Promenade and neighboring Dogwood Festival Market will create over 600,000 square feet of great retailing in one convenient location, with everything from necessity items to the latest specialty stores,” he added.

Joining Target and PetsMart and opening soon will be a 54,300 square foot Kroger supermarket, the largest in the Jackson metro area, with their newest store design; and a 36,000 square foot Stein Mart. Other retailers will include S&K Menswear, Squire’s Formal Wear, Material Girls, j burran, GNC, Shoe Show, Sally Beauty Supply, Catherine’s, Dress Barn, Kay Jewelers, Backyard Burgers, Zaxby’s, Steak Escape, McDonald’s, Krispy Kreme, and Chick-fil-A.

Designed by the celebrated shopping center architectural firm of Crawford McWilliams Hatcher of Birmingham, Alabama, Dogwood Promenade complements neighboring Dogwood Festival Market with attractive architecture, unique exterior features and beautiful landscaping. Dogwood Festival Market was also designed by the firm.

Aronov Realty is the largest privately-owned, fully diversified real estate company in the Southeast and provides acquisition, development, management, leasing and brokerage services for its own portfolio of over 100 retail, office and multi-family properties and for properties owned by third parties.

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