(Alexandria, VA) -- The Alexandria Economic Development Partnership, Inc’s (AEDP) new October 2006 Listing of Available Retail Space is currently available. The listing is a compilation of all retail spaces for sale and lease in the City of Alexandria. The report contains the most accurate and up-to-date information available, and is distributed to site selectors, real estate brokers, developers and retailers nationwide. The new report can be found on AEDP’s website at the following address: http://alexecon.org/pdf_docs/AvailableRetail.pdf.

The second quarter of 2006 proved to be an extremely positive quarter for Alexandria retail sales, showing gains of 9.4% over the second quarter of 2005. Demand in the area is very strong, despite signs of a cooling housing market and talk of declining consumer confidence. Currently, the Alexandria retail community is ripe for reinvestment. Due to the real estate market’s recent signs of cooling, many longstanding and notable properties on King Street and throughout Old Town have recently been put on the market. This provides investors and new retailers the opportunity to break into the Alexandria market, and lay the framework for the next generation of retail in Old Town. In addition, there are four sites designated in the new Available Retail Space Listing as prime sites for redevelopment, including a rare 15,000 SF build-to-suit opportunity along King Street!

Other considerable opportunities for retailers in Alexandria include several trophy locations for Class A retail space in the bustling Carlyle market. Demand in this area remains significant as several new mixed use construction projects near completion. The West End of Alexandria also has two great opportunities for large retailers in need of 20,000 square feet or more.

The AEDP is a public/private partnership, which plans, directs, manages and implements efforts to attract, expand and retain business operations in the City of Alexandria. AEDP has worked since 1981 as a facilitator to establish Alexandria as a nationally recognized community and business center. AEDP is located at 1729 King Street, Suite 410, Alexandria, VA 22314. 703-739-3820, email: info@alexecon.org; website: www.alexecon.org

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For Immediate Release- 10/4/06

Contact: Mike Stuart
703-739-3820 xt. 12

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