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Commercial Property Realty Trust Signs First Major Tenant at Villages of Americana

For Immediate Release

June 10, 2014

Contact: Tina Rance, Marketing Director, 225.317.3021,trance@cprt.com

Walk-On's Bistreaux & Bar Announces Americana as its Fifth Location


Baton Rouge, LA. – Commercial Properties Realty Trust announced today that Walk-On's Bistreaux and Bar will be the first major tenant in the Villages of Americana in Zachary, La. Americana, the premiere traditional neighborhood development in Zachary is well under way – selling homes, hosting events at The Point, and Zachary residents visiting the YMCA daily.

This will be the 5th location for Walk-On's, voted the "Best Sports Bar in North America" by ESPN in 2012. "We feel that being at the front door of a community like Americana is the ideal place for us," says Brandon Landry, co- owner and founder of Walk-On's Enterprises. "The neighborhood, the new YMCA, being close to the Zachary ball parks, and the city of Zachary all helped create the perfect catalyst that led us to this great location," he said. The new 4,500 square foot restaurant will serve Walk-On's signature menu, include outdoor seating, and numerous flat screen TVs.

The Villages of Americana will sit just off the new roundabout and four-lane Highway 64 that's expected to be completed by March 2015. CPRT has plans for three -33,000 square foot residential over retail buildings in the Villages, along with other commercial buildings available. Each building will have approximately 30, one- and two- bedroom units. The Villages will serve as the gateway into the Americana community.

Mayor David Amrhein said, "Zachary will be an incredible market for Walk-On's. Zachary is unique in that we attract people from 4 other parishes to buy products and take advantage of Zachary services. We know that Walk-On's will be a huge success."

"We are absolutely thrilled that Walk-On's chose Americana for their Zachary location," says Charles Landry, developer and spokesperson for Americana. "For Brandon Landry and his team to bring a restaurant that is filled with the excitement and traditions of Tiger Stadium into Americana is spectacular," he said.

Recently, Provident Resources Group announced plans for a $20 million, 100 bed senior living facility in the heart of Americana and will begin construction later this year and open in late 2015. Currently, there is an increasing number of homes under construction with numerous home sales. The $11 million YMCA has over 3,300 members and construction of a central park with an expansive dog park will be under construction within the next 90 days.

For leasing inquiries for other commercial retail please contact us at: leasing@cprt.com or call 225.924.7206.

About Commercial Properties Realty Trust


CPRT is a real estate investment trust that manages and develops property holdings of the Baton Rouge Area Foundation. Because of this relationship with a community foundation, a portion of the profits are shared for improving the quality of life in areas where CPRT operates. CPRT manages shopping centers and mixed-use properties in North Carolina, Louisiana and Texas. For more, visit www.CPRT.com. For more information about the Baton Rouge Area Foundation, visit www.BRAF.org

About Americana


Americana is an upcoming traditional neighborhood development located in Zachary, La. With more than 100 acres of green space, a state-of-the-art YMCA and proximity to the award-winning Zachary Community School District, Americana is a first of its kind community in East Baton Rouge Parish. There are numerous residential homes under construction, and the Welcome Center and Model Homes are now open. For more information on Americana or for any other inquiries, visit www.americanazachary.com

About Walk-On’s Enterprises


Walk-On’s Enterprises® is arguably the most distinctive restaurant company in America. Its concepts are fresh, fun and original, from Walk-On’s Bistreaux & Bar — voted ESPN’s Best Sports Bar in North America — to Happy’s Irish Pub and Walk-On’s Catering. Additional growth lies ahead, as the company expands on its winning combination of delicious, affordable food and drinks presented in an uncommonly warm and friendly atmosphere.

 

For more information, visit www.walk-ons.com or contact Ladd Biro at Champion Management at lbiro@championmgt.com or 972.930.9933.