Article: Konover Property Trust is on Schedule with Construction of Mount Pleasant Towne Centre; Announces Key Tenants.

CARY, N.C., Dec. 10 /PRNewswire/ -- Konover Property Trust, Inc., (NYSE: KPT), a fully integrated real estate investment trust (REIT), announced today that it is on schedule to open in phases beginning in spring of next year its 395,000 square foot joint venture project known as Mount Pleasant Towne Centre in Mount Pleasant, S.C. near Charleston. Currently, the Company has leases or commitments for leases for approximately 83% of the center's total gross leasable area.

Connell Radcliff, Konover Property Trust's Executive Vice President, Development and Construction noted, "The Company has reached the midpoint in its construction of the exterior structure of the ...

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