FAMECO NAMED SUBLEASE AGENT

FOR 11 COST CUTTER STORES IN NEW JERSEY

     PLYMOUTH MEETING, PA.--Cost Cutters, a division of The Drug Fair Group, has selected Fameco Real Estate to handle the subleasing of a portion of 11 of its stores in Central and Northern New Jersey, it was announced by Brandon Famous, Founding Partner and CEO of the retail real estate firm based in Plymouth Meeting, Pa. The available spaces range in size from 8,000 s.f. to 25,865 s.f., and are located in Norwood, Hamilton, West Long Branch, Brick, Lacey, Wall, Parsippany, Wayne, Ocean, Toms River and Lincoln Park, N.J.  Some of the stores are situated in strip centers, while others are free-standing.  All are in prime retail locations.

     Michael Horne, the Fameco salesperson spearheading the account, said the move is part of "a strategic alignment in which Cost Cutters stores will be converted to the smaller Drug Fair concept."

     Fameco Real Estate is the Delaware Valley's foremost real estate firm in the retail sector. Fameco specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey, Delaware and beyond.

         The firm is the exclusive representative for 80 shopping centers and retail properties totaling 13 million square feet in the tri-state area, manages 7.2 million s.f. of retail space nationwide, and exclusively represents more than 75 retailers expanding in the Delaware Valley. Fameco's Investment Sales Team has completed transactions in excess of $1 billion.  Fameco is the ChainLinks member shareholder in the Delaware Valley. The nation's largest retail-only real estate provider, ChainLinks encompasses 62 regional brokerage firms in the U.S. and Canada.     

Jan 19, 2007