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VERIZON WIRELESS TO JOIN BROOKWOOD VILLAGE

For Immediate Release

Contact: Glenn C. Miller 214-561-8814

glenn.miller@cypressequities.com

VERIZON WIRELESS TO JOIN BROOKWOOD VILLAGE

BIRMINGHAM, Ala. (May 11, 2015) – Brookwood Village, a dynamic mixed-use development located in the affluent Mountain Brook and Homewood area of Birmingham, Alabama, today announced that the shopping center would welcome Verizon Wireless to its growing retailer roster.

Verizon Wireless is an innovative wireless communications company that connects people and businesses with the most advanced wireless technology and service available. The company launched the nation’s first 3G wireless broadband network and was also the first tier-one wireless provider in the nation to build and operate a 4G LTE network. Verizon Wireless is wholly owned by Verizon Communications Inc., and is headquartered in Basking Ridge, N.J.

Verizon Wireless will occupy the 4,738-square-foot, free-standing, single-story building, formerly occupied by Applebee’s Grill & Bar, located northwest of the Brookwood Center office building. It is anticipated that Verizon Wireless will open for business in late fall 2015.

“Our team is thrilled to welcome Verizon Wireless to Brookwood Village,” stated Todd Minnis, managing partner and CIO of the real estate investment management division of Cypress Equities. “Much like Verizon’s philosophy of enabling its customers with powerful technology when and where they want it, Brookwood Village similarly aims to provide popular retailers such as Verizon and its convenient services to the community we serve.”

About Cypress Equities

Cypress Equities* (Cypress) was founded in 1995, by Chris Maguire and has since established a national reputation synonymous with the premier development, operation and management of destination-class retail and mixed-use properties throughout the U.S. Historically, Cypress has developed and acquired more than 18 million square feet and currently is developing and managing a portfolio of more than 9.4 million square feet of retail, office, residential and automotive real estate. Today, there are six Cypress Equities offices throughout the U.S., including Dallas (headquarters), Chicago, New York, San Francisco, Atlanta, and Fort Lauderdale. Visit www.cypressequities.com for more information.

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