For Immediate Release

Contact: Bob Phillips or Keith Britt
Thompson & Company
(901) 527-8000
or
Andrew J. Groveman
Belz Enterprises
901/260-7278

ASU Banners to Fly At Belz-Burrow Retail Centers

JONESBORO, Arkansas, May 13, 1998 – Arkansas State University banners will become fixtures this summer at the six Jonesboro retail centers owned by Belz-Burrow.

The Jonesboro/Memphis-based development company announced plans Wednesday to place the ASU banners on all of its parking lot lighting fixtures. Jack Belz, chairman and chief executive officer of Belz Enterprises; Andy Groveman, Belz Enterprises’ senior vice president of marketing and administration; Bruce Burrow, president of Belz-Burrow; ASU president Les Wyatt; ASU head basketball coach Dickie Nutt; and ASU head football coach Joe Hollis unfurled the bright red banners with the university’s logo during the grand opening of the company’s new offices in the First Bank Building.

"Belz-Burrow is proud to support ASU, one of the greatest assets of our region," Groveman said. "We’re excited about the growth of the university and look forward to these banners being a common thread through all of our Jonesboro centers."

The first 125 ASU banners will be installed at the Belz-Burrow developments on June 1.

Belz-Burrow has more than 80 years of combined experience in shopping center development and specializes in the development and acquisition of retail and shopping center properties.

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