Tallen & Keshen Holding’s Asset Services Group Engaged to Advise the White Sands Mall in New Mexico on Value Creation and Leasing Strategies

 LOS ANGELES, CA, June 1, 2012 --  It was announced today that retail developer Tallen & Keshen Holdings (TKH) and its asset services division has been engaged to advise the White Sands Mall (top left photo) in Southern New Mexico on leasing, repositioning and value creation strategies.

The White Sands Mall located in Alamogordo, NM proximate to the Holloman Air Force Base, is comprised of 266,839 square feet. Anchor tenants are JCPenney, BIGKmart and Beall's Department Store. The Mall built in 1982 is a mainstay shopping destination for Southern New Mexico.

Alamogordo, NM, the county seat of Otero County, has also been the filming location of the hugely successful 2007 Transformers film and is located adjacent to numerous historic, ecreational and tourist destinations.

"We're planning to engage in a decisive program to expand shopping, dining and entertainment options," comments Terrence Tallen (middle left photo), TKH co-founder and co-owner.

 "We're going to work with the community, our valued tenants already at the property and our extensive relationships with national, regional and local retailers to enhance the tenant mix and shopping experience," further comments Tallen.

"We have long standing business and real estate relationships in both New Mexico and nearby Texas and also own retail assets in the Southwest; our experience and relationships in these markets will provide added exposure and tenant interest for the White Sands Mall.

"We want to enhance the visitor shopping experience as well as necessity based retail uses," comments Anne Keshen (top right photo), TKH co-founder and co-owner.

Tallen & Keshen Holdings and its wholly owned affiliates are a privately owned real estate development, value creation and asset services company. They own, operate, lease and manage assets throughout the West coast, in the Southwest and Florida, with offices in Northern and Southern CA and Santa Fe, NM.

The company has distinguished itself as a leading group in the turn around and redevelopment of underperforming and challenged shopping centers, dark retailer projects and assisting lenders and other asset owners in value preservation and enhancement.

The principals and project team have previously been in senior management positions of Retail REIT's, institutional developer and ownership groups, financial and banking institutions and have legal, asset management, value creation, leasing and financial expertise.

 Please contact Kristin Wu at kristin.tallenkeshen@gmail.com for further information about the company or visit our web site at http://www.tallenkeshhen.com/.

For project leasing information contact Terrence Tallen at http://www.blogger.com/ttallen@tallenkeshen.net%20 or 310.281.6178.