Tallen & Keshen Holdings Announces Urban Edge Retail Investment & Development Initiative

Tallen & Keshen Holdings principals, Terrence Tallen and Anne Keshen announced today the company is launching a new initiative to be responsive to the revitalization of urban neighborhoods and bring expanded retail uses to densely populated areas (as well as more remote locations) that are underserved by community retail components.

(PRWEB) April 1, 2005 -- Tallen & Keshen Holdings principals, Terrence Tallen and Anne Keshen announced today the company is launching a new initiative to be responsive to the revitalization of urban neighborhoods and bring expanded retail uses to densely populated areas (as well as more remote locations) that are underserved by community retail components.

Tallen & Keshen Holdings is launching an Urban Edge Retail Division and has several projects already in the pipeline including one in Hollywood, CA and another in Berkeley, CA, both located in demographically diverse urban locales.

We are strategically focused on the importance of communities having retail projects within the immediate access of local residents that allow them to dine, shop and purchase those items that meet their core day to day needs without having to travel outside of their neighborhood," comments Anne Keshen and Terrence Tallen, Tallen & Keshen Holdings co-founders. Californias land prices, coupled with the entitlement process and the timeframes for new development often deter or delay projects that may otherwise meet a local communitys retail needs," further comments Keshen & Tallen. With rising gas prices, traffic and time management all becoming major household issues in determining where people shop, dine and spend their leisure time, it is important to give them options they can get to easily by car or in many instances even walking," further comments Ms. Keshen & Mr. Tallen.

Tallen & Keshen Holdings is a vertically integrated real estate investment and development company with in house capabilities including retail leasing, legal, asset management and municipality and retailer advisory services. The company has offices in Los Angeles and Northern California and is strategically focused on creating aesthetically pleasing retail destinations that generate strong returns on investment and meet local community needs.

For more information about our projects or to submit an acquisition or venturing opportunity, please visit our website at www.TallenKeshenHoldings.com or contact Mr. Terrence P. Tallen, Co-Chairman and Chief Executive Officer at ttallen@retailenterprisegroup.com.

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