Binswanger/CBB Named Exclusive Agent for Sub-Lease of Property in Rural Hall, North Carolina.

Business Editors

CHARLOTTE, N.C.--(BUSINESS WIRE)--Oct. 6, 2003

Jones Apparel Group, Inc. has named Binswanger/CBB exclusive agent for the sub-lease of a 446,133 sq. ft. building on 22 acres in Rural Hall, NC. The property is located at 710 Almond Ridge Drive.

This impressive one-story building is fully air-conditioned and features masonry and insulated metal panel walls; 50' x 54' column spacing; combination wet and ESFR sprinkler system; all utilities; multiple interior office areas; thirty-five 10' x 10' dock-high doors with levelers, seals and lights; one 12' x 12' drive-in door, and parking for approximately 500 vehicles. Binswanger/CBB is aggressively marketing this property to users in general and retail distribution, trucking and warehousing and the wholesale trades.

Strategically located, the property is minutes to the I-74 interchange and within 20 minutes of 1-40 and 30 minutes of 1-77. It is also conveniently positioned near both the Greensboro Commercial Airport in Greensboro and Smith Reynolds Airport in Winston-Salem.

Headquartered in Philadelphia, PA, Binswanger/CBB is a member of Chesterton Blumenauer Binswanger, an international full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, Asia, South Africa and Australia.