WS DEVELOPMENT ACQUIRES HYDE PARK VILLAGE IN TAMPA, FLORIDA

** FOR IMMEDIATE RELEASE **

WS DEVELOPMENT ACQUIRES HYDE PARK VILLAGE IN TAMPA, FLORIDA

(CHESTNUT HILL, MA; September 23, 2013) — WS Development is pleased to announce the acquisition of Hyde Park Village, a landmark retail destination in Tampa, Florida. The village's 266,000 square feet of street retail, dining, and office span five city blocks in the heart of the Hyde Park Historic District, one of Tampa Bay’s most desirable residential neighborhoods.

Hyde Park Village has been a cherished neighborhood hub since its inception in the 1920’s. The village is home to a unique mix of national, regional, and local retailers who together form the special fabric of this area. Within the Tampa Bay region, Pottery Barn, Pottery Barn Kids, Anthropologie, Brooks Brothers, lululemon athletica and the new West Elm can be found exclusively at Hyde Park Village and draw a loyal customer. These brands mingle with best in class independent operators, a fitness center, the region's premier upscale cinema, Cinebistro, and many local favorite restaurants to provide all of the essentials for South Tampa’s downtown. Hyde Park Village takes as much pride in its ambience as in its tenants; a beautiful park, majestic oak trees, and brick walkways provide the perfect venue for monthly farmers markets, cultural fairs, and holiday celebrations.

WS Development plans to combine the village’s existing base of exceptional tenants with new retailers who will increase the energy and excitement around the property and further distinguish Hyde Park Village as one of Florida’s most special retail environments. “Hyde Park Village is a true gem and we are thrilled to add it to the unique selection of shopping experiences that we have created,” says Dick Marks, Partner, WS Development. “We look forward to building on the village’s extraordinary history and to becoming a member of the Tampa Bay community,” added Marks.

ABOUT WS DEVELOPMENT

WS Development is one of the largest privately owned retail development firms in the country. Based in Chestnut Hill, MA, WS Development has been a leader in the acquisition, development, management, and redevelopment of retail and mixed-use properties for over 30 years. Its diverse portfolio consists of more than 85 properties totaling over 20 million square feet with 4 million square feet of new developments. For more information, visit www.wsdevelopment.com.

CONTACT:        Laurel Sibert

                        WS Development

                        617-232-8900

                        laurel.sibert@wsdevelopment.com

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