Tallen & Keshen Holdings hires Patrick McGaughey and Trish Gonsalves with Terranomics to direct Monterey Peninsula Retail Project Leasing Efforts

May 2, 2012 (Mill Valley, CA) – West Coast based Retail developer and investor Tallen & Keshen Holdings (TKH) announced today that it has engaged Patrick McGaughey and Trish Gonsalves with Terranomics, a prominent Northern, CA retail leasing team to direct the leasing efforts for its new retail project on the California Monterey Peninsula. “We are delighted to be working with Terranomics, Patrick and Trish on our project, they bring a fresh perspective, expertise and relationships to the value creation process,” comments Terry Tallen, co-founder and co-owner of TKH.

“As private developers and property owners, we’ve made a significant financial investment on the Monterey Peninsula and are committed to the continued growth and desirability of the area’s coastal communities, businesses and academic institutions in the City of Marina, throughout the Monterey Peninsula and in the surrounding areas,” comments Anne Keshen, co-founder and co-owner of TKH.

The project known as Marina Landings is the second phase of the TKH retail project in the City of Marina, CA; the first phase of the project was originally acquired by Tallen & Keshen Holdings in 2006 which they redeveloped into a Walmart anchored store, the only location for the retailer on the Monterey Peninsula. The 6.77 acre second phase of the property now for lease is situated at the Gateway to the Monterey Peninsula directly off Highway One and is adjacent to the historic Monterey Dunes and beach, easily accessible for both residents and the over 8 million annual visitors to the Monterey Peninsula.

“TKH is focused on creating a project that meets local community needs and is a strong location for our valued retailer relationships,” comments Gene Barash, TKH Legal & Project Director.

For more information about the project, the market and immediate leasing opportunities, please go to Terranomics Retail Services Please contact Patrick McGaughey at patrick.mcgaughey@terranomics.com or (925) 627-2883 and Trish Gonsalves at trish.gonsalves@terranomics.com or (925) 627-2895.

Tallen & Keshen Holdings and its affiliates are a privately owned and funded real estate development, value creation and asset services company. They own, operate, lease and manage assets throughout the West coast, in the Southwest and Florida, with offices in Northern and Southern, CA and Santa Fe, NM.

The company has distinguished itself as a leading group in the turn around and redevelopment of underperforming and challenged shopping centers, dark retailer projects and assisting lenders and other asset owners in value preservation and enhancement.

The principals and project team have been in senior management positions of Retail REIT’s, institutional developer and owner groups, Wall Street and banking and have legal, asset management, value creation, leasing and financial backgrounds. Please contact Skyler Sanders at skyler.tallenkeshen@gmail.com for further information about the company or visit our web site
at www.tallenkeshen.com.

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