DBSI Announces a New Retail Development in Lexington, South Carolina

GROUNDBREAKING FOR THE SHOPPES AT LEXINGTON - COMING SOON

BOISE, Idaho, July 23 /PRNewswire/ -- DBSI is pleased to announce the
groundbreaking of The Shoppes at Lexington, a new 7,300 square-foot Class A
retail center development in Lexington, South Carolina. The Property is
located on Sunset Boulevard/Highway 378, the primary East-West retail corridor
connecting Interstate-20 and Columbia, South Carolina. The project site is
adjacent to Super Wal-Mart and the approximate value of the development is
$3,250,000.
The old Southtrust Bank building that currently sits on the site will be
demolished and replaced with an attractive brick and stucco building that will
feature a drive-thru and patio seating area. Consumers will be able to access
the site directly off Sunset Boulevard or to the rear of the property via Old
Cherokee Road.
DBSI recently executed a lease with national wireless communications
provider AT&T for 3,500 square feet of the project. Leasing space remains
available for The Shoppes at Lexington. Please contact Josh Diggs for more
information at 727-329-1950 or jdiggs@dbsi.com.
About DBSI Development
DBSI Development is a wholly owned subsidiary of DBSI. DBSI Development
develops properties through partnerships with an array of development
professionals who have roots in growing regions of the country. As a national
development company, DBSI Development provides decades of experience, and a
rich, flexible array of services.
DBSI Development is focused on land acquisition and the development,
management, and leasing of commercial and multifamily projects throughout the
United States. The company works with national retailers and corporations,
developers, and current land owners to successfully develop new commercial
properties. DBSI Development's flexible structure, wide menu of services, and
strong financial base allows the company to engage in a sweeping variety of
projects.
DBSI Development's current projects include banking land for future
development, preparing land for near term development, or vertically
developing property immediately.
More information available at http://www.dbsidevelopment.com
About DBSI
DBSI is a 29 year old leader in diversified investment real estate. The
company currently manages over 18.6 million square feet, encompassing 280
properties in 34 states with an aggregate value of over $2.65 billion. DBSI
specializes in the acquisition and development of real estate in all four
stages -- land banking, land entitlement, development & construction and
income producing assets. Learn more about DBSI at http://www.dbsi.com.
SOURCE DBSI

Matt Shifley, Marketing Manager of DBSI, +1-208-287-1835, mshifley@dbsi.com