Madison Marquette Named Among Top 5 Fastest Growing Acquirers and Third Party Managers of Retail Real Estate

Reflects 2010 Growth in Property Portfolio throughout the United States

WASHINGTON, DC (April 20, 2011) – Madison Marquette announced today that it has been named the fifth fastest growing acquirer and third party manager of retail real estate in the United States by Chain Store Age. The designation reflects 2010 property acquisitions totaling 1.3 million square feet and property management assignments totaling 4.1 million square feet. Madison Marquette currently controls over 18 million square feet of retail real estate throughout the United States.

"We were pleased that so much great real estate with value-added potential was available to acquire at attractive rates," said Peter Jun, Chief Operating Officer of Madison Marquette. "The economic downturn exposed weakness at a lot of centers and our brand of value-added management and leasing has never been in greater demand."

The acquisitions totaling 1.3 million square feet include a $1.6 billion redevelopment of Washington, D.C.'s historic Southwest Waterfront, a portfolio of properties in Naples, Florida, Morrison, a mixed use center near Charlotte and Columbia Crossing, an open air center where Madison Marquette quickly leased a former Home Depot to both REI and Babies 'R Us/Toys 'R Us. The acquisitions were made as part of the Madison Marquette Retail Enhancement Fund, a private equity fund of more than $500 million. The company is pursuing future acquisitions in direct partnerships with institutional investors.

"Our acquisitions and new third party management assignments illustrate our strength in handling complex real estate in markets where we have a strong local presence," said Mr. Jun.

Among Madison Marquette's largest new third party property management assignment were Old Hyde Park Village in Tampa, Park Place in Irvine, California, Eagle Ridge Mall in Lake Wells, Florida and Edgemont Square in Newton Square, Pennsylvania.

The new third party property management assignments highlight new institutional relationships for Madison Marquette, including CW Capital Management, Vornado Realty Trust, LBA Realty, National Realty Corporation and Grosvenor USA. Madison Marquette also assumed management of several properties as special servicer appointed by the courts and approved by lenders who retook control of assets that were in default.

For more information about the Chain Store Age survey, visit http://chainstoreage.com/article/real-estate-report or download the report here: http://www.chainstoreage.com/sites/chainstoreage.com/files/Real%20Estate%20Report.pdf.

About Madison Marquette
Madison Marquette is a Washington, D.C.-based investor, developer and operator of retail and retail mixed-use real estate throughout the United States. The company specializes in creating unique retail destinations that respond best to consumer preferences. With regional offices in San Francisco, Los Angeles, Seattle, Boca Raton, Philadelphia, New York, Charlotte and San Diego, Madison Marquette seeks investment opportunities in growing markets. The company maintains a sophisticated in-house operating capability and oversees 18 million square feet of retail real estate. This diverse national portfolio includes many properties that Madison Marquette manages and leases on behalf of third-party owners. For more information about the company, please visit http://www.madisonmarquette.com.