Shops at Greenridge Signs Ann Taylor Loft and Three Other Retailers to its Pedestrian-Oriented Village

Greenville, S.C., April 11, 2005 – The Shops at Greenridge, a 600,000-square-foot regional center Crosland is developing at I-85 and Woodruff Road, has signed leases with four more retailers. Ann Taylor Loft, Great Clips, HandPicked and ULTA have joined Greenridge’s village area, which is designed to incorporate 103,800 square feet of retail, restaurants and specialty stores, all connected by wide pedestrian sidewalks, outdoor sitting areas and distinct architectural features.

Ann Taylor Loft, a division of the Ann Taylor women’s apparel stores, and Columbia-based HandPicked, a distinct jewelry store offering an artful selection of sterling silver and high-quality fashion jewelry, are opening their first Greenville stores at The Shops at Greenridge. ULTA, a cosmetics and fragrance chain, will be launching its first South Carolina store when Greenridge celebrates its grand opening this fall.

Described as a “one-stop-shopping beauty destination,” ULTA combines a full-service salon and retail center under one roof, showcasing a broad assortment of brand-name cosmetics, fragrances, hair products, as well as skin-care and beauty accessories. Patrons will have the opportunity to receive an on-site personalized consultation with one of ULTA’s beauty specialists, and have access to leading product lines, including Calvin Klein, Elizabeth Arden, Oil of Olay, Revlon, as well as a distinct ULTA line. Located across from Barnes & Noble, the layout of the 10,070-square-foot space is designed for ease of shopping, with products arranged by category at the front of the store, the salon in the rear, and a contemporary décor featuring sleek lines and eye-catching colors.

Known as a premier American specialty apparel retailer for the professional woman, the 7,091-square-foot Ann Taylor Loft will feature quality suits, separates and dresses. The store will also offer accessories such as shoes, jewelry and scarves to create a classy, yet relaxed look for both work and home. Ann Taylor Loft currently operates other South Carolina stores in Charleston, Columbia and Myrtle Beach.

Founded in Columbia, S.C., in 1986, the 1,286-square-foot HandPicked store will offer a selection of sterling silver, high-quality fashion jewelry, monogrammed items, and unique gifts such as scarves, handbags, watches, belts, and pewter serving dishes. Originating as a home-show business, HandPicked grew its network through sales in catalogues and its website, www.handpicked.net. The company entered the retail market 10 years ago, launching its first stores in Columbia and Charlotte, and recently opened a store in Charleston. The jewelry store will be located beside Yankee Candle Company and other village retailers near the Woodruff Road entrance of the development.

Located across from Barnes & Noble, the 1,132-square-foot Great Clips will provide a high quality cut or perm for families at a moderate price level. Founded in Minneapolis in 1982, Great Clips has rapidly expanded throughout the United States and Canada, and has opened over 2,000 salons in 100 markets. The salon’s experienced stylists are continually trained through the company’s ongoing, post-graduate instruction at the Great Clips Advanced Learning Centers.

About The Shops at Greenridge

The Shops at Greenridge is a $64 million venture between Crosland and Core Properties. Crosland is the lead developer for the project, which is the company’s first retail center in the Greenville area, while Core Properties is managing outparcel sales. The contractors are Myers & Chapman and Shelco. LS3P is the project architect, with Freeland & Kauffman serving as the civil engineers. Bank of America is the lender.

The land was previously owned by the late John D. Hollingsworth. Funds from the purchase have gone to Hollingsworth Funds Inc., which provides funding for various Greenville charitable entities.