Visionary Developer Frank C. Gatlin III of Gatlin Development Company Raises the Bar for Retail in America 

Del Mar, CA, May 16, 2009 --(PR.com)-- With focused vision and a strategic sense of timing, Frank Gatlin has built Gatlin Development Company from the ground up by developing real estate projects to their maximum potential. Gatlin founded Gatlin Development Company (GDC) in 1976 with a focus on developing single-family homes, condominiums, and hotels. In 1984, Frank began developing shopping centers. Over his career, he has developed over twenty Wal-Mart anchored shopping centers consisting of approximately seven million square feet of retail development valued at over $1 billion.

Gatlin has incorporated a vast array of national tenants such as Home Depot; J.C. Penney; Kohl’s; Mervyn’s; Staples; Sports Authority; Vons Supermarkets (Safeway); Bed, Bath, & Beyond; and Best Buy into GDC’s shopping centers. As would be expected, many of the smaller footprint national retailers and restaurants are occupants in GDC’s shopping centers as well.

To date, Gatlin has developed in excess of 10% of the Wal-Mart-anchored shopping centers in the entire state of California—a record currently unmatched by any other developer. Frank and the GDC team handle every aspect of development from site selection and acquisition, to entitlements, build-out and lease-up.

Despite adverse economic conditions, Frank has developed an impressive portfolio of anchored shopping centers with an overall occupancy rate of 98%, and a value in excess of $200 million. With offices in California and Tennessee, Gatlin and his team of experts are strategically set to continue developing shopping centers and acquiring real estate assets from coast to coast.

Gatlin Development Company, Inc. is located in Del Mar, California, and Dickson, Tennessee. The company can found on the web at www.gatlindc.com.

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