Retail Real Estate Veteran Britt Nelson Joins Present Value Properties as Vice President

Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including
Gold Max, Menchie’s Frozen Yogurt, Southern Pizza Hut and Payless ShoeSource.

TUSTIN, CA – July 5, 2011 – (RealEstateRama) — Gregory A. Fisher of Present Value Properties, Inc., a full service retail real estate brokerage, and consulting firm headquartered in Tustin, Calif., announced today that Britt Nelson, a retail real estate veteran and the former President of NewCity Development, LLC and a consultant to the architectural and engineering, retail, municipal and development segments of the industry, has joined Present Value Properties as Vice President.

Nelson has nearly 25 years of experience in commercial real estate and corporate sales and marketing. As founder and President of NewCity Development, Nelson was responsible for site selection, acquisition, and procurement of development projects. Other responsibilities included coordination of the overall development teams and municipal relations. Nelson is also an active volunteer lobbyist for the retail industry in Colorado and nationally through the International Council of Shopping Centers (ICSC).

“Britt Nelson brings a lifetime of experience and contacts in the retail real estate industry with him, including his long term involvement with ICSC at the national level,” said Gregory Fisher, President of Present Value Properties. “Britt is a great people person, building quality long-term relationships with everyone he meets.”

Nelson has specific market knowledge in northern California; Phoenix and Dallas where he will be working with existing Present Value Properties’ clients including Pizza Hut and Menchie’s Frozen Yogurt franchisees, added Fisher. “Britt will be involved in building Present Value Properties into a multi-state real estate brokerage and consultancy,” Fisher said.

Some of Nelson’s clients include American Dairy Queen of Minneapolis, MN; Dunton Commercial Real Estate of Denver, CO; Goldberg Properties, Inc. of Denver, CO; Kroger/Kings Soopers Grocery of Denver, CO; Miller Weingarten Realty of Denver, CO; Regency Centers of Denver, CO; S.A. Miro, Inc. of Denver, CO, and SuperValu, Inc. of Minneapolis, MN.

Prior to NewCity Development, Nelson was involved with two national general contractors overseeing business development for retail and office projects located in the western United States. Nelson was also with Lincoln Property Company in northern California, where he was involved in managing both residential and commercial properties. Nelson started his real estate career in Minneapolis, MN, where he was responsible for the marketing and market research of retail properties in the Minneapolis metropolitan area and the famed Minneapolis Skyway.

As an active member of ICSC, Nelson is currently the Chairman of the National Next Generation Subcommittee for Government Relations and is a National Economic Subcommittee member. He is also a Colorado Government Relations Committee member, a Colorado Programs and Alliance Committee member, and is the past Government Relations Chairman for Colorado/Wyoming. He also served as the Chairman of Economic Development Subcommittee for NAIOP (National Association of Industrial and Office Properties), Colorado Chapter as well as a member of the Government Relations and Membership Committees. Nelson has also served as an Executive Advisory Board Member for Denver University’s Daniels College of Real Estate and Construction Management.

Nelson is a Certified Professional Ski Instructor and has taught for over 30 years at Vail, Colorado and other major ski resorts in the western United States. He graduated from Fort Lewis College in Durango, Colorado with a Bachelor of Arts degree in Business/Marketing.

About Present Value Properties, Inc.

Founded in 1998 by Gregory A. Fisher, Present Value Properties, Inc. is a full service real estate firm providing retailer and landlord representation, development and entitlement services, and consulting services. Headquartered in Tustin, Calif., Present Value Properties exclusively represents a variety of chain retailers throughout Southern California including Menchie’s Frozen Yogurt, Southern Pizza Hut, Gold Max, and Payless ShoeSource. Currently, Present Value Properties has 650,000 square feet of retail space listed throughout Southern California. For more information, call 714.464.3000 or visit www.pvpinc.com.