The Shoppes at Montage Announces First Wave of Retailers Lifestyle Shopping Center to Open March 29,2007

Moosic – PA – Jeffrey R. Anderson Real Estate, Inc. has officially released the first round of

merchants slated to open at the Shoppes at Montage. Scheduled to open March 29, 2007, the 70+unit Shoppes at Montage is a 316,000 sq. ft. Lifestyle Center located between the cities of Scranton and Wilkes-Barre immediately off I-81 at Exit #182 Davis Street/Montage Mountain Road. The Shoppes at Montage will serve the entire NEPA market. Space at the Pennsylvania lifestyle shopping center has been filling up quickly. “We are already 90% leased, and expect to open at 100% leased.” said Vice President of Real Estate, Mark Fallon. “Interest has been high, and the location and the development have been well received.”Amid inviting gathering spots, wide sidewalks, and convenient parking in close proximity to individual shops, the Shoppes at Montage boasts a tenant line-up similar to other Anderson-developed Lifestyle Centers. Anchoring the center are The Christmas Tree Shops, DSW Shoe Warehouse and Guitar Center.Upscale fashion retailers joining the center include: Talbots, Chico’s, Coldwater Creek, Ann Taylor LOFT, J Jill, Acorn, Eddie Bauer, GAP, Victoria’s Secret, Lane Bryant/Cacique, Famous Footwear, Jos. A Bank Clothiers, Olympia Sports, Children’s Place, Justice, Hot Topic, American Eagle, PacSun among others. Specialty stores include Aveda, Yankee Candle, Hallmark, Bath & Body Works, Kay Jewelers,Claire’s, Cingular, Select Comfort, Sprint. Restaurants and eateries include Kildare’s Irish Pub, Longhorn Steakhouse, Starbucks, Maggie Moo’s Ice Cream, The Gourmet Slice, Panera Bread, Beriyo by TCBY and several others to be announced shortly. “We are thrilled to bring our successful Lifestyle Center shopping format to the Scranton/Wilkes-Barre area,” said JR Anderson, Director of Development for Jeffrey R. Anderson Real Estate, Inc. “As with our other successful Lifestyle center developments, we believe the upscale retailers and restaurants set amid abundant landscaping and rich architectural detail will address a retail void in the Northeast

Pennsylvania market.” The Shoppes at Montage is a joint venture between Jeffrey R. Anderson Real Estate, Inc. and Duke Realty Corp. Along with their successful track record in the Lifestyle retail format, Anderson brings to the partnership their expertise in leasing, development, tenant coordination and ongoing property management. Duke Realty Corp. and its subsidiaries are responsible for project financing and construction.Jeffrey R. Anderson Real Estate, Inc. of Cincinnati, Ohio is an award winning developer of Lifestyle Centers throughout the Midwest. A pioneer in the Lifestyle Center format since the late 1990’s,examples of Anderson Lifestyle Centers can be found at www.Anderson-RealEstate.com. Duke Realty Corp. (NYSE:DRE), the nation’s largest publicly traded REIT (Real Estate Investment Trust). www.dukeconstructiononline.com . Duke Construction, Inc. of Indianapolis, Indiana is a division of Duke Realty Corp.The Shoppes at Montage will join the list of approximately 100 Lifestyle shopping centers nationwide.The Shoppes at Montage will join the nearly seven million square feet of commercial real estate developed by Jeffrey R. Anderson Real Estate, Inc.Please visit our website at www.Anderson-RealEstate.com .