Paster Enterprises Announces Six New Tenants at Twin Cities Shopping Centers

ST. PAUL, Minn., June 8, 2011 – St. Paul, Minn.-based Paster Enterprises, a leading manager and developer of neighborhood shopping centers in the Twin Cities, announced today that six new tenants have been secured at the company’s projects throughout the area. New tenants include Massage Elements, V4U, Home Choice, Broadway Pizza, National Karate and United Family Medicine. Paster Enterprises President Howard Paster made the announcement.

Central Plaza (110,127-square-foot community shopping center):

• Home Choice—7,100-square-foot furniture, appliance and electronics store

Crystal Shopping Center (370,000-square-foot community shopping center):

• National Karate—2,325-square-foot martial arts center
• V4U—4,802-square-foot tailor and dry cleaner

Crystal Town Center (59,481-square-foot community shopping center):

• Broadway Pizza—7,500-square-foot pizza parlor and restaurant

Mendota Plaza (54,983-square-foot community shopping center):

• Massage Elements—1,310-square-foot health and wellness retailer

Sibley Plaza (95,570-square-foot community shopping center):

• United Family Medicine—1,400-square-foot nonprofit family healthcare provider

“We are extremely excited to welcome these great new stores to our centers in the Twin Cities market,” said Paster. “Having recently signed six new tenants, we are confident that we have seen the bottom of the market and, slowly but steadily, the economy is looking up.”

About Paster Enterprises
Founded in 1946, Paster Enterprises is a family-owned leader in shopping center management and development that owns and manages more than 1,000,000 square feet of commercial real estate. For over 60 years, Paster Enterprises has planned, built, leased and managed attractive, successful shopping centers in the Twin Cities metropolitan area, as well as in greater Minnesota. Paster Enterprises is committed to helping retailers flourish and serving as an excellent corporate citizen in the communities in which they have shopping centers.

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MEDIA CONTACT

Erin Sabo
248.258.2333
esabo@identitypr.com