Friday, February 29, 2008

Great Wolf Resorts to Present March 3 at Raymond James Investor Conference

MADISON, Wis., February 29, 2008—Great Wolf Resorts, Inc. (NASDAQ: WOLF), North America’s leading family of indoor waterpark resorts, today announced that John Emery, (photo at right) chief executive officer, will be a featured speaker at the Raymond James 29th Annual Institutional Investor Conference, which takes place March 2-5 in Orlando, Florida at the Hyatt Regency Grand Cypress Hotel.

Emery is scheduled to present at 9:50 a.m. Eastern Time (ET) on Monday, March 3, 2008.
A live webcast of the presentation will be available on the Great Wolf Web site,, by clicking on “Great Wolf Resorts” at the bottom of the page, then on the “Webcasts” link.

A replay of the presentation will be available on the company’s Web site for 30 days after the presentation. Please go to the site at least 15 minutes prior to the presentation to download and install any necessary audio software.

Analysts and portfolio managers who wish to attend the presentation or request a meeting with management should contact Raymond James at
About Great Wolf Resorts, Inc.

Great Wolf Resorts, Inc.® (NASDAQ: WOLF), Madison, Wis., is North America’s largest family of indoor waterpark resorts, and, through its subsidiaries and affiliates, owns and operates its family resorts under the Great Wolf Lodge® and Blue Harbor Resort™ brands.

Great Wolf Resorts is a fully integrated resort company and owns and/or manages Great Wolf Lodge locations in: Wisconsin Dells, Wis.; Sandusky, Ohio; Traverse City, Mich.; Kansas City, Kan.; Williamsburg, Va.; the Pocono Mountains, Pa.; Niagara Falls, Ontario; Mason, Ohio; and Grapevine, Texas; and Blue Harbor Resort & Conference Center in Sheboygan, Wis. Great Wolf Lodge properties are currently under construction in Grand Mound, Wash.; and Concord, N.C.

The company’s resorts are family-oriented destination facilities that generally feature 300 to 400 rooms and a large indoor entertainment area measuring 40,000 to 100,000 square feet. The all-suite properties offer a variety of room styles, arcade/game rooms, fitness centers, themed restaurants, spas, supervised children’s activities and other amenities. Additional information may be found on the company’s Web site at

Julie Tullbane
Daly Gray Public Relations
T 703-435-6293
F 703-435-6297

Alex Lombardo
(703) 573-9317
Jennifer Beranek
(608) 661-4754

Continued Investment in Tampa Bay Real Estate Market Culminates in New Yacht Club Unveiling on Coquina Key

Undeterred Developers Buck Market Trends. Ribbon-Cutting Ceremony to Take Place March 7

ST. PETERSBURG,FL– The owners of one of Florida’s largest-ever condo conversion began a historic redevelopment on Coquina Key at a time when the national economy was booming.

And while the Florida Association of Realtors reports that Florida condo sales have declined by 30 percent since Jan. 2007, the Waterside at Coquina Key development group, Prospect-Marathon Coquina Holdings, LLC, has remained committed to its St. Petersburg project, unlike many other developers who have either ended or stalled out on local condominium projects.

The FAR reports only 333 total condo sales last month throughout Tampa, St. Petersburg and Clearwater, down 12 percent from the 378 sold in Jan. 2007. And, while the median sales price in this market has slipped by 13 percent in the last year, Waterside condos continue to attract buyers seeking a waterfront lifestyle in a charming boating community that boasts completely upgraded amenities.

Now, with the completion of the Waterside Yacht Club, the original vision of Waterside at Coquina Key as a world-class boating community has been realized. To celebrate this milestone, a ribbon-cutting ceremony and grand opening reception will be held on March 7 at 4 p.m. for the new $2 million facility.

Beginning March 7, Waterside residents will enjoy membership at the private Waterside Yacht Club. The two-story, 8,000 square foot structure features terraces overlooking the bay with views of the Sunshine Skyway Bridge and downtown Tampa; private dining services with a waterfront bar; a heated swimming pool with a Jacuzzi and spacious clubhouse areas that can be used for events and entertaining guests.

“Despite the market, we know that there are still many prospective buyers today who continue to seek premier real estate opportunities and appreciate the tremendous value brought to Waterside by the inclusion of high-end amenities such as the new Waterside Yacht Club,” stated Greg Berger, principal of Robert Martin Company, which owns Waterside along with Prospect Capital Group and Marathon Real Estate.

“Waterside at Coquina Key is a testament to our continued investment and commitment to enhancing the St. Petersburg real estate market.” The Waterside CommunityWaterside at Coquina Key is made up of 912 condominiums that are split into two distinct villages on the north and south ends of the island, each with their own boat slips and clubhouses with health club facilities and full-sized pools.

Prices at Waterside start in the high $100,000s and go to the $600,000s for spacious three-bedrooms on scenic Tampa Bay
. In addition to the Yacht Club, Waterside amenities include two clubhouses; 301 boat slips tended by a dock master, dry dock facilities and easy boat access to Tampa Bay; resort-style pools and spas; fitness centers; lighted tennis courts; a private movie theater and an on-site market for light shopping. An 88-acre community, Waterside is a haven for bird watchers and is close to some of the Gulf’s most amazing wildlife and recreation areas.

For more information about Waterside, call (727) 894-2800 or visit . The Waterside sales center is located at 4810A Coquina Drive, St. Petersburg, Fla., 33705.

About The Developer:

Prospect-Marathon Coquina Holdings, LLCWaterside at Coquina Key, a project by Prospect-Marathon Coquina Holdings, LLC, is a joint venture between Prospect Capital Group and two other experienced and highly respected development organizations. Marathon Real Estate is the real estate private equity arm of Marathon Asset Management, LLC, which manages over $3.5 billion of capital through offices in New York, London and Hong Kong.

Marathon Real Estate is currently active in development and ownership of residential, office, industrial, parking and hotel properties in the United States, Canada and Europe.

Prospect Capital Group, a Connecticut based entrepreneurial investment firm that focuses on condominium conversion opportunities in the office, retail, and multi-family segments, has over $120 million committed to projects in Georgia and Florida.

Founded in 1957, Robert Martin Company LLC has a long, distinguished history in real estate. The company and its partners have developed and acquired over 20 million square feet of property and its holdings presently include over two million square feet of office space and hundreds of acres of developable land.

For more information on Robert Martin Company, LLC visit

Media Contact:
Chrisa Segalini
Beckerman PR

Regency Centers Management to Present at Citi Global Property CEO Conference

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Regency Centers Corporation (NYSE:REG) announced today that the company will participate in the Citi Global Property CEO Conference being held March 2nd through March 5th.

The Company's presentation is scheduled for 10:25 a.m. ET on Tuesday, March 4th, and may be accessed live via conference call by dialing (719) 234-7878 / passcode: 567994.
A copy of the presentation will be available on Regency Centers' web site at in the Investors & Media section, on the Webcasts and Presentations page.

Regency Centers Conference Call
Date: Tuesday, March 4, 2008
Time: 10:25 a.m. ET
Call: (719) 234-7878 / Passcode: 567994
Presenter: Martin E. Stein, Jr. (Hap) - Chairman & CEO (photo top left)
Regency Centers Corporation (NYSE:REG)

Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. At December 31, 2007, the Company owned 451 retail properties, including those held in co-investment partnerships. Including tenant-owned square footage, the portfolio encompassed 59.2 million square feet located in top markets throughout the United States. Since 2000 Regency has developed 187 shopping centers, including those currently in-process, representing an investment at completion of nearly $3.0 billion. Operating as a fully integrated real estate company,

Regency is a qualified real estate investment trust that is self-administered and self-managed.

Lisa Palmer,

Cousins Announces New Retailers at Tiffany Springs MarketCenter

JCPenney, PetsMart among Latest Commitments at 585,000-SF Kansas City Project

ATLANTA--Feb. 29, 2008--Cousins Properties Incorporated (NYSE:CUZ) announced today a list of retailers and restaurants that have signed leases at Tiffany Springs MarketCenter, (photo top right) a 585,000-square-foot power center at the intersection of Interstate 29 and State Highway 152 in Kansas City, Missouri.

The project, Cousins' first in Kansas City, will eventually be home to more than 50 retailers and restaurants and is expected to open in the third quarter of 2008. The newly announced commitments at Tiffany Springs MarketCenter include JCPenney, Famous Footwear, Great Clips, Jason's Deli, Justice, Lifeway Christian Bookstore, PetsMart and ProfessioNail.

Previously announced retailers include Target, The Home Depot, Best Buy, Ulta and The Sports Authority. Tiffany Springs MarketCenter is 87 percent committed overall.

"These new commitments are big additions to the already impressive retailer list we've put together at Tiffany Springs," said Joel Murphy, president of Cousins' Retail Division. "This project should prove to be a great regional draw with strong anchors generating customer traffic from all around this growing area."

For moreinformation on the Company, please visit its Web site at

Cousins Properties Incorporated
Investment Community:
Elli Kaplan,
Vice President,

Media: Matt Gove,
Vice President,

Cogdell Spencer Inc. Acquires East Jefferson Medical Plaza in Metairie, LA

CHARLOTTE, N.C. /PRNewswire-FirstCall/ -- Cogdell Spencer Inc. (NYSE:CSA) has acquired East Jefferson Medical Plaza located in Metairie, Louisiana for approximately $19.8 million, inclusive of transaction costs.

East Jefferson Medical Plaza, (photo top right) a 123,184 square foot facility located on the campus of East Jefferson General Hospital, is 100 percent leased and physically attached to the hospital. As a tenant, the hospital currently leases approximately 86,000 square feet of space in East Jefferson Medical Plaza.

This acquisition expands Cogdell Spencer's existing relationship with East Jefferson General Hospital. Prior to this week's acquisition, Cogdell Spencer owned and managed 130,730 square feet of medical office and clinical assets on and adjacent to the East Jefferson campus.

"We appreciate the continued opportunity to help East Jefferson General Hospital achieve its strategic goals," said Matthew Nurkin, Vice President of Acquisitions for Cogdell Spencer Inc.

About Cogdell Spencer Inc.

Charlotte-based Cogdell Spencer Inc. (NYSE:CSA) is a fully-integrated, self-administered and self managed real estate investment trust (REIT) that invests in specialty office buildings for the medical profession, including medical offices, ambulatory surgery and diagnostic centers. At present, the Cogdell Spencer Inc. portfolio consists of 60 wholly owned properties and consolidated joint ventures, three unconsolidated joint venture properties and 53 managed medical office buildings.

For more information on Cogdell Spencer Inc., please visit the Company's website at

First Call Analyst: FCMN

Media, Dana Crothers,
Marketing Director,

General Inquiries,
Frank C. Spencer,
President and Chief Executive Officer,
Financial Inquiries,
Charles M. Handy,
Chief Financial Officer,
all of CogdellSpencer Inc.

Web site:

$10 Million Expansion & Renovation Adds Southern Charm and More Brand Name Outlet Stores to the Tanger in Gonzales, LA

GREENSBORO, N.C., PRNewswire-FirstCall/ -- In the wake of the devastation
caused by Hurricane Katrina in 2005, the City of Gonzales and the Baton Rouge, Louisiana area have undergone an unprecedented population and development growth.

The Tanger Outlet Center located on Interstate 10 in Gonzales is growing right along with the area. Since spring of 2007, Tanger has been in the throws of a $10 million center-wide expansion and renovation project.

With a late March 2008 completion expected, visitors to the Tanger center will already notice some big changes. A new 40,000 square foot expansion building is now home to an Ann Taylor Factory Store and a Bath & Body Works.

The new addition also includes a Nike Factory Store, a Skechers and current tenant Gap Outlet, which is relocating to a larger store.The center-wide renovation is transforming the shopping center with the addition of new architectural features including plantation-style columns and raised tower elements, dormers, awnings and balcony railings that give the appearance of a second floor.

A new color palette will help complete a design that reflects the area's historic southern plantation homes and New Orleans' famous French Quarter."We are excited to provide our shoppers in Gonzales with one of the South's premiere outlet shopping center attractions," stated Stanley K. Tanger, (photo top right) Chairman and CEO of Tanger Factory Outlet Centers, Inc.

"Bargain hunters will enjoy a collection of the most popular brand name outlet stores and a shopping atmosphere that perfectly captures the area's unique southern charm," Tanger added.

Built in 1993, the Tanger Outlet Center in Gonzales, Louisiana is one of the state's top tourism destinations. Last year, more than 4 million visitors shopped and saved direct from the manufacturer at Tanger. The Tanger Outlet Center in Gonzales is situated on Interstate 10 and Highway 30 between New Orleans and Baton Rouge. The center features more than 55 brand name outlet stores.

"This exciting renovation and expansion project taking place at the Tanger Outlet Center in Gonzales is part of an ongoing national program to ensure that Tanger Outlets continue to capture the imagination of our shoppers and remain the top shopping destinations in our markets," said Steven B. Tanger, president and COO of Tanger Factory Outlets Inc.

Tanger Factory Outlet Centers, Inc., (NYSE:SKT) is a publicly traded REIT, presently has ownership interests in or management responsibilities for 31 shopping centers in 22 states coast-to-coast, totaling approximately 9.1 million square feet, leased to over 2,000 stores that are operated by over 400 different store brands.

For more information call 800-4-TANGER or visit

Mike Buescher,
Tanger Factory Outlet Centers, Inc.,
Web site:

Jones Lang LaSalle's Economic Overview for 4Q 2007

WASHINGTON, DC--Jones Lang LaSalle Research Analyst Justine Morrison (photo top left) says fourth quarter 2007 growth was weaker than expected.

Morrison's findings show the U.S. economy showed signs of slowing in the fourth quarter as GDP grew by an anemic 0.6%. It appears that the effects of the credit crunch and turmoil in the financial markets have begun to have wide-spread reverberations across many industries. Though analysts had been predicting a sharp decline in GDP this quarter, actual GDP growth was just half of the 1.2% consensus. For the year, the U.S. economy grew by 2.2%, the lowest growth level in five years.

Consumer spending, which makes up about 70 percent of GDP, grew by 2.0% in the fourth quarter compared to 2.8% growth in the previous quarter. In light of the GDP results and various other indicators, the odds of recession are now 50-50, if not leaning slightly towards a contraction. While some analysts believe that we have already entered a recession, more optimistic prognosticators believe that the economy could skirt a recession but be faced with very slow growth at least through the first half of 2008.

Hiring Showing Signs of Softness

Employment growth slowed in the last half of 2007 and the U.S. unemployment rate crept up from the mid-four percent range to 4.9% in January. That said recent reports of outright declines in the U.S. labor market may be causing a premature panic. It will take a few more months of sub par results to definitely know whether this was the start of a contraction.

Though it does not appear that many companies have commenced layoffs, it is clear the pace of hiring slowed during the second half of 2007 with average monthly employment gains at half the level they had been in 2006. The consensus at this time is that the unemployment rate will continue to rise in the first half of 2008 and plateau somewhere near 5.5% depending on the state of the overall economy.

Weak Outlook for the First Half of 2008

It appears that the national economy is headed towards very slow growth at best and possibly a modest contraction during the first half of 2008. Government intervention should go a long way towards cushioning the effects of a sluggish economy over the first half of the year.

However, this will take time and a return to health may not come until the end of 2008 or early 2009. Historically speaking, corporate balance sheets and profits are in very good shape with the exception of companies in housing-related and financial services sectors. This coupled with the government’s recent, aggressive actions should go a long way to making a contraction, if it should come, a short-lived one.

For a more detailed report and other outlooks on the real estate industry, please contact:

John Sikaitis
Corporate Communications

Justine Morrison
Research Analyst

Sofitel Hotels Become First Hotel Chain In U.S. To Choose Wind Power and Become Epa Green Power Partner

Wind Energy Commitment is the Latest Sofitel Effort to Increase Energy Efficiency

DALLAS, TX-- Accor North America announced today a new agreement between its Sofitel Hotels and wind energy supplier Community Energy, Inc. to purchase clean, renewable, wind energy for all nine Sofitel locations in the U.S.

(Photo top right, Stephen L. Johnson, administrator, US Environmental Protection Agency)

This purchase of wind-generated power in the form of Renewable Energy Certificates (RECs) qualifies Sofitel Hotels as an EPA Green Power Partner, making them the first hotel chain to choose green power for each of the brand’s hotel locations in the country.

“We’re proud to step up as a leader in our industry and to do our part for the environment. Our customers recognize and value the commitment we’ve made to a safe and secure energy future. We hope others will follow our lead and make the choice as well,” said Robert Moore, senior vice president of Technical Services for Accor North America.

Sofitel has nine locations throughout the United States including two in Chicago and one in Los Angeles, Miami, Minneapolis, New York, Philadelphia, San Francisco and Washington D.C. These properties will buy a total of 1,527,000 kilowatt hours (kWhs) of renewable energy.

Compared to the average generation mix in the regional electric grid, the environmental benefit from this purchase is equal to offsetting approximately two million pounds of carbon dioxide per year, the impact of which is equivalent to planting more than 800 acres of trees each year or not driving 2.36 million miles. This level of commitment makes Sofitel the first hotel chain to become an EPA Green Power Partner.

"EPA applauds our corporate partners for protecting our environment by purchasing green power," said EPA Administrator Stephen L. Johnson (photo top right). "By voluntarily shifting to renewable energy, Accor North America is proving you don’t need to wait for a signal in order to go green."

Community Energy President Brent Alderfer stated, “Sofitel has stepped up as a leader in the hospitality industry. Their renewable energy purchase puts their energy dollars to work to benefit the environment and the nation. As more customers choose to follow their lead and purchase renewable energy, we can bring more clean power resources online to meet that demand.”

For more information, please visit

Laura Rojo-Eddy
United States -
Phone: +1(972) 360-5970

Accor North America
4001 International Parkway USA -
Carrollton, TX 75007
Phone: (972) 386 6161
Fax: (972) 702 5947

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