MIMMS ENTERPRISES TRANSFORMS MARKET STREET SHOPS OF DALTON

Monday, April 03, 2006 - ROSWELL – (August 2005) – Mimms Enterprises is proud to announce the signing of four new tenants at its Market Street Shops of Dalton, in Dalton Georgia.

Market Street Shops of Dalton, a 173,430 square-foot, predominantly outlet shopping center, signed Kani Japanese Steakhouse to 4,500 square feet, Foxy Nail Salon to 1,800 square feet, Elegant Home Furnishings to 5,035 square feet, and Mountain Creek Harley-Davidson to 30,000 square feet. These combined deals have increased the center’s occupancy rate from 70% to 94%. Mimms foresees the signing of Mountain Creek Harley-Davidson, the new anchor tenant, to be a major traffic driver and sales volume contributor to the shopping center’s dollars per-square-foot sales projections. Kani Japanese Steakhouse, one of only two traditional Japanese restaurants in Dalton, adds a unique dining element to the shopping center’s tenant mix. Market Street Shops of Dalton currently houses two restaurants, the other being Outback Steakhouse.

Mimms Enterprises purchased Market Street Shops of Dalton in September of 2004. Built in 1990, the property is also anchored by WestPoint Home, a leading manufacturer and marketer of bed and bath home fashions. Other prominent outlet stores include, Carter’s, Bass, Rack Room Shoes, Dress Barn and Nautica.

“Our advertising strategy is simple, but aggressive. We sought to increase our local customer base and have exceeded our sales and traffic projections,” states Cindy Ray, General Manager for Market Street Shops of Dalton. “Our center also has tremendous Interstate 75 exposure, allowing opportunities to strengthen our secondary customer base, which is the out-of-town traveler.”

Mimms Enterprises is a privately owned commercial real estate developer based in Roswell, Georgia. The company’s portfolio totals over 8,000,000 square-feet with approximately 1,200 tenants. In 2004, Mimms Enterprises was ranked by the Atlanta Business Chronicle as the largest privately held owner of retail real estate and the fourth largest overall owner and in Atlanta.

Founded in 1929, Mimms Enterprises specializes in the developing, leasing and managing of retail, industrial and office properties, spanning from Tennessee to Florida. For more information, visit www.mimmsenterprises.com

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©2005 Mimms Enterprises