Henry S. Miller Commercial to Break Ground on Teel Crossing II

DALLAS, TX - March 6, 2003 --On Friday, March 7^th at 4:30 p.m. in the afternoon, Henry S. Miller Commercial will break ground on the much anticipated Teel Crossing II located at the northwest corner of F.M. 720 (Main Street) and Teel Parkway, located in Frisco, Texas.  Frisco Mayor, Mike Simpson and City Manager George Purefoy along with Vaughn Miller, President of Retail Division of Henry S. Miller Commercial and Vance C. Miller, Chairman and CEO as well as other Miller representatives will be in attendance for the much anticipated ground breaking of Teel Crossing II tomorrow afternoon.  Teel Crossing II is a new retail development in one of the fastest growing cities in America : Frisco , Texas . It is at the northwest corner of F.M. 720 (Main Street) and Teel Parkway and will be anchored by a Walgreens, 1^st National Bank and Gateway Bank.  Teel Crossing I is expected to begin construction within the next 24 months and will include a Tom Thumb Superstore as its anchor tenant.  Teel Parkway is the heart of West Frisco where the majority of the Frisco’s growth has and is occurring. There are an estimated 34,000 new homes being built within 3 miles of the intersection over the next 24 to 36 months, which will equal over 94,000 people.

Henry S. Miller Commercial, founded in 1914, is Texas’ largest independent commercial real estate firm and a member of The Commercial Network, one of the largest affiliations of commercial real estate firms in the nation.