PITTSBURGH--(BUSINESS WIRE)--HFF (Holliday Fenoglio Fowler,...

PITTSBURGH--(BUSINESS WIRE)--HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has been named as a co-advisor, along with Macquarie Capital Advisers Limited and UBS Securities, LLC, for a strategic review of Macquarie DDR Trust¡¯s (¡°MDT¡±) U.S. based real estate assets and to market for sale a 52-property shopping center portfolio in 20 states owned in a subsidiary, Macquarie DDR U.S. Trust Inc.

HFF executive managing director John Pelusi, senior managing directors Barry Brown and Doug Hazelbaker and managing director Lynn De Marco will lead the HFF investment sales team on behalf of the seller, a joint venture between Macquarie DDR Trust and Developers Diversified Realty Corporation. Investors may seek to purchase MDT¡¯s interest (approximately 85.5%) or 100% interest of the portfolio, sub-portfolios or individual assets. As of December 31, 2008, these assets were valued at approximately $1.9 billion by MDT.

The portfolio totals 12.5 million square feet and has an average occupancy of 88.5%. Major tenants include Walmart, BJ¡¯s Wholesale Club, Bed Bath & Beyond, Best Buy, T.J. Maxx, Kohl¡¯s and Dick¡¯s Sporting Goods. The following properties are included in the portfolio:

Property Name
City
State
Property Name
City
State

Riverchase Promenade Hoover AL BJ's Plaza Batavia NY
Spring Creek Fayetteville AR Borders Books - Walden Cheektowaga NY
Steele Crossing Fayetteville AR Eastgate Plaza Clarence NY
Parker Pavillions Denver CO Jo-Ann Plaza Clarence NY
Pioneer Hills Aurora CO New Hartford Consumer Square New Hartford NY
Connecticut Commons New Britain CT Premier Place Clarence NY
Carillon Place Naples FL Tops Plaza Batavia NY
Lake Brandon Plaza Brandon FL Transit Wehrle Clarence NY
Lake Brandon Village Brandon FL Union Consumer Square Cheektowaga NY
Lake Walden Square Plant City FL Union Road Plaza Cheektowaga NY
Piedmont Plaza Apopka FL Walden Consumer Square Cheektowaga NY
Winter Park Palms Winter Park FL Walden Place Cheektowaga NY
McDonough Marketplace McDonough GA Belden Park Crossing Canton OH
Perimeter Pointe Atlanta GA Plazas at Great Northern North Olmsted OH
Towne Center Prado Marietta GA Erie Marketplace Summit PA
Woodfield Village Green Schaumburg IL Township Plaza Center PA
Merriam Town Center Merriam KS Harbison Court Columbia SC
Shoppers World Framingham MA Cool Springs Point Brentwood TN
Grandville Marketplace Grand Rapids MI The Marketplace Nashville TN
Midway Marketplace St. Paul MN Towne Center Murfreesboro TN
Riverdale Village - Inner Ring Coon Rapids MN Lakepoint Crossing Lewisville TX
Riverdale Village - Outer Ring Coon Rapids MN MacArthur Marketplace Irving TX
River Hills Shopping Center Asheville NC Fairfax Towne Center Fairfax VA
7370 Transit Road Clarence NY Brown Deer Center Brown Deer WI
Batavia Commons Batavia NY Marketplace at Brown Deer Brown Deer WI
BJ's Clarence Clarence NY Shoppers World of Brookfield Brookfield WI

Macquarie DDR Trust is a listed real estate investment trust with assets totaling $2.7 billion. As of September 20, 2008, more than $36 billion of real estate assets are managed globally by Macquarie Group and its associates across a portfolio of listed and unlisted real estate trusts, unlisted development funds and real estate investment syndicates.

Developers Diversified Realty Corporation owns and manages more than 720 retail operating and development properties in 45 states, plus Puerto Rico, Brazil, Russia and Canada totaling more than 159 million square feet. Developers Diversified is a self-administered and self-managed real estate investment trust (REIT) operating as a fully integrated real estate company, which acquires, develops, leases and manages shopping centers. www.ddr.com

HFF (NYSE: HF) operates out of 17 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, loan sales and commercial loan servicing.