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Donald Silverman, Founder and Principal of Margaux Development Company, joins J Alexander Strategic Advisory Group

April 28, 2009 – Dallas, Texas. J Alexander Realty Group announced today that Donald Silverman, Founder and Principal of Margaux Development Company is joining the J. Alexander Realty Group, Ltd. Strategic Advisory Group. As Managing Principal for closely-held, Margaux Development Company, and its affiliated entities, Donald Silverman has directed all investment and new development activities for Margaux since 1990. In this capacity, he has orchestrated the development and acquisition of retail shopping centers, mixed-use development, multi-family projects and single-family subdivisions.

In addition to identifying each opportunity, he has negotiated the terms of purchase and development for each new project. The aggregate value of Silverman's real property transactions is in excess of $700,000,000.

For the past fifteen years, Mr. Silverman has focused on retail development in the state of Texas, primarily in the Dallas/Fort Worth area. Silverman has been responsible for comprehensive development activities in conjunction with community, strip shopping centers and regional power centers as well as larger master planned mixed use developments. As a Development Partner, while affiliated with companies such as the Midland Group, and Quadrant Properties, and as a consultant for Regency Centers, he was the Principal in charge of the development of a number of retail projects. For many years he has been the most prolific developer of Kroger anchored centers in the DFW market. During this period, Silverman has developed and redeveloped eleven Kroger Signature store anchored-shopping centers.

“I am extremely pleased to join the J Alexander Strategic Advisory Group. Chris Slauer has consistently exhibited the diligence, detail and instincts to implement a record of successful real estate investment strategies and investments. His expertise and the team of advisory professionals he has assembled have positioned J Alexander in order to recognize and execute on the real estate investment opportunities that will become available as the economy stabilizes and begins its recovery.”

-Donald Silverman – Strategic Advisor, J Alexander Realty Group, Ltd.

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