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TRC Blog

April 01 , 2008

2007 was a Landmark Year for The Retail Connection

April 1st, 2008-Just over 4 years ago, the company set out with a mission, ambitious goals, vision, drive and determination to build a great company that would serve to make the connection at every point where retail and real estate come together. Today, we represent over 160 of the leading retail and restaurant chains in the market. 70’s in 07 – The TRC team negotiated its 70th deal for Bed Bath & Beyond, and 75th deal for Golfsmith in 2007. Other notable coming and goings were our team’s 60th deal for Famous Footwear, 12th deal for Sports Authority, 5th for Circuit City, 1st for Equinox Fitness Club, and the successful completion of the Mervyn’s Disposition [29 of 32 properties in 18 months]. Connected Development Services facilitated two additional tenant-driven developments, breaking ground on its 3rd and 4th retail centers — Mansfield Pointe, and Arlington Highlands East. Grand Corners in Katy, Texas will break ground in late 2008. TRC is leading over 2.5 million square feet of developments for our retail clients, and our project group is currently responsible for over 18 million square feet of project leasing assignments. Connected Capital Services, which provides financing, operating and strategic planning for regional and national retailers, participated in two investments in 2007: Regional Management Corp. and USA Discounters, Inc. CCS has now made investments in six retail operating companies since its inception. TRC has offices in three major Texas cities and 68 employees and brokers — a growth of almost 20% over 2006. We expect 2008 to be a strong and challenging year. Our brokerage and advisory business will continue to set the pace and lead our competitors. Connected Development Services has a deep pipeline of projects as we continue to extend the reach of our clients’ expansion programs. Connected Acquisition Services will responsively invest in existing retail centers that can be repositioned or otherwise improved. Connected Capital Services will invest in more retail companies, and grow its merchant banking team. Houston will be a major catalyst to our growth, both in the brokerage and investment aspects of our company. The exciting part is to know that we have still only taken our first steps and that our real stories are all ahead.
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