1.18.2008

January 18, 2008

JDF Development Closes on Land in Crawfordsville, Indiana

Contact: Tim Jordan
JDF Development
317.509.4513
tjordan@jdfdevelopment.com



FOR IMMEDIATE RELEASE



January 18, 2008 (Carmel, IN) - Today JDF Development purchased a 1.1 acre outlot from Home Depot in Crawfordsville, Indiana according to an announcement made today by Tim Jordan of JDF Development. The site is located in front of the Home Depot store at 1740 US 231 South, Crawfordsville, IN.

"We are pleased to announce that we were able to purchase our second excess property parcel from Home Depot," said Jordan. "The fact that we have a relationship with Home Depot allowed us the ability to purchase this highly desired outlot at a stoplight in the heart of the retail trade area of Crawfordsville, IN," added Jordan. "Once we were able to secure leases with Dollar Tree and Papa Murphy's to occupy 100% of our planned 9,400 square foot shopping center, we were able to secure very attractive financing to close on this parcel and develop a shopping center," said Jordan.

David Palumbo of Corporate Property Dispositions and Susannah Wade of Thompson Thrift Development represented the seller, Home Depot. JDF Development represented the buyer, Crawfordsville DT LLC.

Founded in Carmel, IN, in 2006, JDF Development provides construction, development, leasing and property management services for its retail properties in the Midwest. For more information about JDF Development, please visit the website: http://www.jdfdevelopment.com/.



Download this press release as a PDF

Labels: , , ,

1.17.2008

January 17, 2008

JDF Development Signs Lease with Dollar Tree

Contact: Tim Jordan
JDF Development
317.509.4513
tjordan@jdfdevelopment.com



FOR IMMEDIATE RELEASE



January 17, 2008 (Carmel, IN) - A new 8,200 square foot Dollar Tree store will be opening next fall in the Crawfordsville Commons shopping center located at 1740 US 231 South, Crawfordsville, IN, according to an announcement made today by Joe Farr of JDF Development. This new Crawfordsville location will be Dollar Tree store #3901.

"We are pleased to announce that we have signed a ten year lease with such a strong national company as Dollar Tree to complete the leasing for our new 9,400 square foot Home Depot outlot development in Crawfordsville," said Farr. "Because we were able to pre-lease 100% of the shopping center prior to closing on the land, we were able to secure very attractive bank financing for this development," added Farr.

Dawn Lyon of NAI Olympia Partners represented Dollar Tree; JDF Development represented the landlord, Crawfordsville DT LLC.

Dollar Tree stores are bright, clean, and well organized. The stores are stocked with a wide array of gift bags, party supplies, housewares, seasonal decor, candy and food, toys, health and beauty care, gifts, stationery, books, and a variety of consumer items all priced at $1.00.

Conveniently located in shopping centers and malls, Dollar Tree is a national company with 4,000 stores in all 48 contiguous states. Dollar Tree, Inc. common stock is traded on The Nasdaq Stock Market under the ticker symbol "DLTR".

Founded in Carmel, IN, in 2006, JDF Development provides construction, development, leasing and property management services for its retail properties in the Midwest. For more information about JDF Development, please visit the website: http://www.jdfdevelopment.com/.



Download this press release as a PDF

Labels: , , ,