Mid-Northern Equities, Ltd. is developing a 200,000 sq.ft. center at the intersection of Calumet Avenue and U.S. 30 in Dyer, IN. The first phase of development is expected to open by Spring 2003. Future phases include the addition of four acres of office space and 77 acres of residential development.

For more information, contact Mid-Northern Equities, Ltd., 3100 Dundee Road, Suite 304, Northbrook, IL 60062-4884; 847-559-8882, Fax 847-559-9160.

For more information, contact Nancy Brusher, Stiles Corp., 300 Southeast Second Street, Fort Lauderdale, FL 33301; 954-627-9300, Fax 954-627-9305; Email: stiles@stiles.com; Web site: www.stiles.com.

Williams Realty Group is developing Emerson Commons in Indianapolis, IN. The 24,900 sq.ft. strip center is located at the signalized intersection of Emerson and Southport and will be tenanted by Jersey Mike’s Subs and Starbucks. Neighboring retailers include SuperTarget, Kittles and Home Depot. Spaces between 1,500 sq.ft. and 7,000 sq.ft. are available, as well as a .088-acre outlot, at an asking rent of $18 psf to $20 psf.

First Interstate Properties, Ltd. is developing Legacy Village on a 67-acre site located at the intersection of Richmond and Cedar Roads in Lyndhurst, OH. The company expects to breakground in September on the 650,000 sq.ft. upscale shopping center, which will have a main street theme. Completion is slated for October 2003. The center will be anchored by Crate & Barrel and The Container Store. Other tenants will include Expo Design Center and Galyan’s. Area demographics include a population of 99,405 residing in a three-mile radius earning an average household income of $65,462. The average daily traffic count at the site is 65,822 vehicles. Neighboring retailers include Saks Fifth Avenue, Nordstom and Dillard’s.

Edens & Avant is redeveloping and expanding the 312,928 sq.ft. Florence Mall in Florence, SC. The first phase of the redevelopment is expected to be complete during the Fall. Anchoring the expansion plans will be a 30,000 sq.ft. T.J. Maxx. Currently, the center is anchored by Stein Mart, Peebles, Books-A-Million, Piggly Wiggly and Talbots. Other tenants include Mail Boxes Etc., Rogers Brothers Fabrics and Schlotzsky’s Deli. The site has an average daily traffic count of more than 28,700 vehicles.

Hopkins Real Estate Group is developing four convenience centers in Valencia, CA: Valencia Village, a 30,000 sq.ft. convenience center at the intersection of Newhall Ranch Road and Dickason Drive; River View Place, a 52,000 sq.ft. retail center at the intersection of Sierra Highway and Via Princessa; Highridge Crossing, a 70,000 sq.ft. retail center located at the intersection of Newhall Ranch Road and Copperhill Road and Seco Canyon Plaza II, a 42,000 sq.ft. center located at the intersection of Seco Canyon Road and Copperhill Road.