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For Immediate Release
                                                                              Randa McMinn
                                                                                214.561.6007
                                                             randa.mcminn@cypressequities.com

    EDIBLE ARRANGEMENTS SIGNS RETAIL LEASE AT MIDTOWN VILLAGE

TUSCALOOSA, Ala. (March 7, 2012) – Midtown Village announced today that Edible
Arrangements, a national edible gift boutique franchise, has signed a lease for 1,012 square feet
in suite 435 of the development and is expected to open by Mother’s Day 2012. Martin Smith
and Elizabeth Poindexter with Retail Specialists, Inc., assisted in the transaction on behalf of
Midtown Village.

Named as one of Entrepreneur Magazine’s “Fastest Growing Franchises,” Edible Arrangements
is quickly expanding on a global scale. Earlier this month, Edible Arrangements launched a
2012 aggressive development strategy to sign 185 new franchise agreements and open 125 total
new stores, including 18 international units. With more than 1,100 locations in 15 countries
worldwide, Edible Arrangements is the pioneer in high quality, artistically-designed, fresh fruit
arrangements. The stunning fruit displays include strawberries, pineapple, bananas, Granny
Smith apples, honey dew melons and more and can be complemented with chocolate dipped
fruit.

“We’re extremely pleased to gain another quality merchant at Midtown Village,” said Michael
Wheat, executive vice president, director of leasing for the developer. “Edible Arrangements is
ideally suited for the center and will be a strong complement to our other retailers.”

About Midtown Village

A premier destination for visitors and a gathering place for the community, Midtown Village is a
vibrant 350,000-square-foot community in the heart of Tuscaloosa. With a unique combination
of national retailers including Barnes & Noble, Best Buy, Old Navy, Chico’s, NY & Co., LOFT,
and White House Black Market; specialty retail shops such as Charming Charlie, Lucca
Boutique and Soma Intimates; plus restaurants and cafés including LongHorn Steakhouse,
Panera Bread and Wings U, Midtown Village currently offers an assortment of more than fifty
merchants for convenient one-stop shopping. To complete the dynamic urban environment, the
project also features office suites available for lease. To learn more about Midtown Village,
please visit www.midtownvillagetuscaloosa.com.
About Cypress Equities

Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco,
New York and Fort Lauderdale and specialize in real estate asset, development, and fund
management. Today, Cypress Equities companies are developing and/or managing
approximately 10 million square feet in projects throughout the U.S. and Caribbean, consisting
of community and power centers, as well as vertically integrated mixed-use villages that
incorporate retail, residential, hotel and offices. Visit www.cypressequities.com for more
information.

*The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent
operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of
the specific entity that incurs such obligation or supplies such service or product.

                                                       ###

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Edible Arrangements Signs Retail Lease at Midtown Village

  • 1. For Immediate Release Randa McMinn 214.561.6007 randa.mcminn@cypressequities.com EDIBLE ARRANGEMENTS SIGNS RETAIL LEASE AT MIDTOWN VILLAGE TUSCALOOSA, Ala. (March 7, 2012) – Midtown Village announced today that Edible Arrangements, a national edible gift boutique franchise, has signed a lease for 1,012 square feet in suite 435 of the development and is expected to open by Mother’s Day 2012. Martin Smith and Elizabeth Poindexter with Retail Specialists, Inc., assisted in the transaction on behalf of Midtown Village. Named as one of Entrepreneur Magazine’s “Fastest Growing Franchises,” Edible Arrangements is quickly expanding on a global scale. Earlier this month, Edible Arrangements launched a 2012 aggressive development strategy to sign 185 new franchise agreements and open 125 total new stores, including 18 international units. With more than 1,100 locations in 15 countries worldwide, Edible Arrangements is the pioneer in high quality, artistically-designed, fresh fruit arrangements. The stunning fruit displays include strawberries, pineapple, bananas, Granny Smith apples, honey dew melons and more and can be complemented with chocolate dipped fruit. “We’re extremely pleased to gain another quality merchant at Midtown Village,” said Michael Wheat, executive vice president, director of leasing for the developer. “Edible Arrangements is ideally suited for the center and will be a strong complement to our other retailers.” About Midtown Village A premier destination for visitors and a gathering place for the community, Midtown Village is a vibrant 350,000-square-foot community in the heart of Tuscaloosa. With a unique combination of national retailers including Barnes & Noble, Best Buy, Old Navy, Chico’s, NY & Co., LOFT, and White House Black Market; specialty retail shops such as Charming Charlie, Lucca Boutique and Soma Intimates; plus restaurants and cafés including LongHorn Steakhouse, Panera Bread and Wings U, Midtown Village currently offers an assortment of more than fifty merchants for convenient one-stop shopping. To complete the dynamic urban environment, the project also features office suites available for lease. To learn more about Midtown Village, please visit www.midtownvillagetuscaloosa.com.
  • 2. About Cypress Equities Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco, New York and Fort Lauderdale and specialize in real estate asset, development, and fund management. Today, Cypress Equities companies are developing and/or managing approximately 10 million square feet in projects throughout the U.S. and Caribbean, consisting of community and power centers, as well as vertically integrated mixed-use villages that incorporate retail, residential, hotel and offices. Visit www.cypressequities.com for more information. *The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of the specific entity that incurs such obligation or supplies such service or product. ###