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Lerner and Tower Announce Ribbon Cutting for Newest Lifestyle Center in Dulles, Virginia

Dulles, Virginia – October 31, 2007 – Lerner Enterprises and The Tower Companies, both of North Bethesda, Maryland, are pleased to announce the scheduled November 19th opening of Dulles 28 Centre.  The new lifestyle retail center is located within Dulles 28 Centre, a 300-acre master planned development located in Dulles, Virginia.  The center is strategically located at the interchange of Virginia Route 28 and Waxpool Road (Route 625) at Pacific Boulevard, and less than three miles from Washington Dulles International Airport.  A ribbon cutting ceremony will take place at 9:30am on Monday, November 19th in the Center Pavilion.

“Dulles 28 Centre offers something for everyone.  In addition to the existing Wegmans Food Market and recently opened Target, the center will add 150,000 square feet and over 30 new stores and restaurants to this growing and dynamic region,” stated Mark D. Lerner, a Principal of Lerner Enterprises.

Complementing Target and Wegmans, the center’s other retailers will include: Petco, Bubbles, Austin Grill, California Tortilla, Moby Dick – House of Kabob, Cheeburger Cheeburger, My Eye Dr., PNC and Chevy Chase Banks, Hair Cuttery, Leisure Fitness, Verizon Wireless, Virginia ABC, Robek’s, FedEx Kinko’s, Pei Wei, Potbelly Sandwich Works, Coldstone Creamery, and many more.  Several retailers will debut their first Loudoun County location at the new center.

For additional information on Dulles 28 Centre, please visit Dulles28Centre.com.

About Lerner Enterprises
Lerner Enterprises (Lerner.com), founded by Theodore N. Lerner in 1952, is based in North Bethesda, Maryland and is Washington, D.C.'s largest private real estate developer. The company is involved in all phases of commercial, retail and residential real estate including planning, development, construction, leasing, asset management and property management.  Lerner Enterprises has developed, and currently manages through Lerner Corporation, its leasing and management affiliate, more than 15 million square feet of office buildings, retail centers and residential communities.  Lerner’s current retail projects include White Flint, Annapolis Harbour Center, Fallsgrove Village Center and Towne Plaza in Maryland as well as Dulles Town Center, The Spectrum at Reston Town Center and North Point Village Center in Virginia.

About Tower Companies
The Tower Companies (TowerCompanies.com), founded in 1947, is a closely-held, three-generation family-owned real estate development company and Washington, DC’s first and still-largest developer of Green Properties, with more than 4 million SF of office space and office parks, 3,500 apartments, regional malls, residential communities, lifestyle centers, hotels, and industrial/flex space within the Washington Metro region, of which 1.25 million SF are Green projects currently in the planning stages, including a Renaissance/Clubsport, a 200-room spa hotel and 100 ultra luxury condominiums. Recently named the DC Chamber of Commerce 2007 Business of the Year, in 2006 and 2003, The Tower Companies, received the Green Power Award for being the largest purchaser of green energy from the US Environmental Protection Agency and the US Department of Energy for buying 100% of wind energy for their portfolio properties. Tower is a member of EPA’s Climate Leaders and Energy Star programs and is committed to becoming carbon-neutral by 2008 and maintaining that through 2012.

The Tower Companies and Lerner Enterprises have collaborated on numerous landmark developments over the past forty years including: White Flint Mall, Washington Square at Connecticut Avenue and L Street, NW, White Flint North, Beaumeade Corporate Park, 2000 Tower Oaks Boulevard, Dulles 28 Centre and several others in the Washington, D.C. area.