Market Square at Unicorn Lake in Denton, Texas, Hires KW Commercial to Lease 190,000 of Retail and Office Space

Denton, TX, October 11, 2008 --(PR.com)-- KW Commercial ( www.kwcommercial.com ), a division of Keller Williams Realty, Inc, the fourth largest real estate company in North America, announced today that it has been hired as the leasing agent for Market Square at Unicorn Lake, an upscale 136-acre retail development in Denton, Texas (www.unicornlake.com).

KW Commercial will be responsible for leasing 190,000 square feet of retail and office space on behalf of Shelton Development.

“Market Square at Unicorn Lake is designed as a pedestrian friendly ‘Lifestyle Center’ to provide unique shopping, dining, entertainment, recreation and community activities for the residents of Denton and the North Texas area,” said Buddy Norman, President of KW Commercial. “Denton is the ninth fastest growing city in the US and this area along Interstate-35 is quickly becoming the hub for retail, business, and cultural activity in Denton. The focal point of the development is the beautiful 33 acre Unicorn Lake and Park, with retail shops and restaurants locating along the lake. Walking paths and biking trails with water and sports activities will create an atmosphere breathtaking and inviting for businesses and residents.”

The KW Commercial leasing team is led by Tom Fry and Mike Metzler. Tom Fry is the Director of KW Commercial at the Keller Williams Realty – Dallas Metro North office, 2611 Cross Timbers Road, #100, Flower Mound, TX 75028. Mike Metzler is a commercial broker at the KW Denton location - 2434 Lillian Miller Pkwy, Denton, TX 76205.

“We are excited to be working with KW Commercial to complete the leasing requirements at Market Square at Unicorn Lake,” said Bob Shelton, President of Shelton Development. “Many businesses have already acquired prime positions within the development, such as Cinemark 14 Theaters, The Pourhouse Grill and Sports Bar and Brickhouse Gym. Hilton Hotels has acquired a location near the water’s edge and is planning a new hotel – Homewood Suites by Hilton. Other businesses that have invested in Market Square at Unicorn Lake include Dogwood Estates (independent living), Washington Federal Savings & Loan, various office buildings, medical and professional buildings and a future site for Spring Creek Barbeque.”

About KW Commercial and Keller Williams Realty Inc.:
Founded in 1983, Keller Williams Realty Inc. (KWRI) is the fourth-largest real estate franchise operation in North America, with over 690 offices and over 75,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners. KWRI recently launched KW Commercial, a division to focus on commercial real estate transactions. The goal is to expand their platform and make Keller Williams Realty the real estate company of choice in both the residential and commercial worlds by providing its associates the technology, marketing tools, and resources to succeed in the commercial business. They intend to create synergy and referrals between the residential and commercial sides of Keller Williams offices, increasing the income and production potential of all its agents. For more information, visit Keller Williams Realty online at (www.kw.com) and KW Commercial at (www.kwcommercial.com).

About Shelton Development:
Robert (Bob) Shelton is the President and CEO of Shelton Development. Mr. Shelton has over 37 years of experience developing various projects. He has developed over 38 master-planned single family communities in Oklahoma, Texas and Nevada. Mr. Shelton’s expertise also involves shopping centers, apartments, townhomes and mixed-use life style developments. He is a member of ICSC (International Council of Shopping Centers) and GHBA (Greater Houston Builders Association).

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