FAISON ENTERPRISES TO DEVELOP TWO POWERCENTERS

LOGANVILLE, GA. — Faison Enterprises’ Atlanta office has acquired 37 acres in Loganville from David and Alice Still for the development of North Logan Commons, a 370,000-square-foot power center along Highway 78. Anchor tenants include Lowe’s Home Improvement Warehouse, Best Buy, Dick’s Sporting Goods, PetsMart and OfficeMax. The project is expected to open in spring 2009. Faison is also planning South Logan Commons, a 350,000-square-foot power center situated 41 acres from North Logan Commons, which is slated for completion in 2010.