Steadfast Companies Announces SeaTac Mall Redevelopment Team

NEWPORT BEACH, CA -- March 7, 2003 -- Steadfast Commercial Properties is taking steps to redevelop SeaTac Mall with the announcement of the Redevelopment Team principle members today. Steadfast Commercial Properties is proud to welcome on board S.D. Deacon (Bellevue, WA), the General Contractor and Project Manager for Phase I of the redevelopment. In addition, the following Redevelopment Team members were announced:

The leasing team is a unique combination of seasoned professionals with over 80 years of mall and retail experience. Composed of Pentz & Partners (Newport Beach, CA), Northwest Retail Partners (Seattle, WA) and Katz & Associates (Bellevue, WA), with individual team members John Pentz, Robert Andrews, Randy Cantrell and John Meyerdierks, SeaTac Mall will be repositioned into one of the Northwest's finest regional/community malls.

Fleetwood B. Joiner & Associates (Newport Beach, CA) will be the principal in charge of site, master, interior and exterior planning for the shopping center. Sparling Electrical Engineering (Seattle, WA) and its alliance partners CDI Mechanical Engineering and Candela Architectural Lighting Consultants will provide electrical, mechanical and plumbing engineering services for the shopping center. ESM Consulting Engineering (Federal Way, WA) will be providing civil engineering services for the redevelopment.

SeaTac Mall was acquired by Steadfast Commercial Properties on February 26, 2003. The 63 acre site was first developed by Newman Properties in 1975. Through the years, the mall has never had a major renovation. Steadfast Commercial Properties operates a 2,000,000 sq. ft. commercial portfolio and has built out 2,750,000 sq. ft. of commercial space and developed and sold 7,800,000 sq. ft. of land since 1996. The Steadfast Companies have over 570 employees and develop, own and operate major apartment communities, retail industrial, office, hospitality and senior housing in the Western United States.

SeaTac Mall is located just one block off of I-5 on 320th Street in The Heart of Federal Way. Mall hours are 10am-9pm.m. Monday- Saturday and 11am-6pm on Sunday. For more information, please call 253. 839-6150 or visit SeaTac Mall Online.

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