Menin Development Completes Sale of the Shoppes
at Jupiter in Palm Beach County, Florida
Posted: 9/3/08 
PALM BEACH GARDENS, FLORIDA.—August 27, 2008 — Today, Menin Development, Inc. is pleased to announce it has completed the sale of the Shoppes at Jupiter in Jupiter, Palm Beach County, Florida for approximately $43 million to an institutional buyer based in New Jersey.

The Shoppes at Jupiter is located on 25 acres at the intersection of U.S. Highway 1 and Indiantown Road, the major retail hub in Jupiter, Florida. The 197,000 square foot shopping center is anchored by Cobb Theaters, Staples, and Beall’s. Other national retailers include Gold’s Gym Washington Mutual, McDonald’s, Chili’s, Coldstone Creamery, Quizno’s, and GNC. Menin acquired the center in 1996 and has made significant improvements since.

About Menin Development
Founded in 1985, Menin Development has acquired and/or developed more than $1 billion of high quality shopping centers, office buildings and hotels with another 2 million square feet currently under development in Florida and South Carolina.
Menin recently completed the 350,000 square foot Downtown at the Gardens in Palm Beach Gardens, Florida. Tenants include a 16-screen Cobb Theatre, Whole Foods Market, The Cheesecake Factory, Urban Outfitters, Z Gallerie, Yard House, Smith & Hawken and Sur La Table.

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