FOR IMMEDIATE RELEASE
Contact: Keith Britt
Thompson & Co.
901/527-8000
or Andrew J. Groveman
Belz Enterprises
901/260-7278

Belz Factory Outlet World - Las Vegas Largest Factory Outlet Mall Under One Roof in the U.S.

MEMPHIS, Tenn. - In less than four years, Belz Factory Outlet World - Las Vegas has doubled in size, taking in over 140 famous name manufacturers selling direct to the public. With the opening of OFF 5th - Saks Fifth Avenue Outlet, which covers approximately 25,000 sq. ft. in Phase III, Belz Factory Outlet World - Las Vegas is now the largest outlet mall under one roof in the country.

"We are excited about our continued growth in Las Vegas," says Andrew J. Groveman, president of Belz Factory Outlet Division. "The diversity of stores has made it truly the shopping destination in Las Vegas."

Originally opened in November 1993, Belz Factory Outlet World doubled in size in October 1996, with a 250,000 sq. ft. addition, giving the mall a total of 600,000 sq. ft. of factory outlet shopping.

Located on Las Vegas Boulevard, just South of the famous Las Vegas Strip, Belz Factory Outlet World offers the finest in factory outlet shopping. Belz Factory Outlet World is 100 percent leased and home to famous name manufacturers such as Nike, Off 5th - Saks Fifth Avenue, Reebok, Spiegel, Levi's, Ruff Hewn, Lennox, Waterford/Wedgewood and Danskin.

Throughout the year, Belz Factory World hosts a variety of events including arts & crafts fairs, car shows, holiday promotions, special sales and much more. Belz also welcomes large groups and tour buses to shop its malls. The complex has ample parking and is climate-controlled.

Belz Factory Outlet World - Las Vegas is open 10 a.m. to 9 p.m., Monday through Saturday, and 10 a.m. to 6 p.m. on Sunday.

Belz Enterprises is a leading developer and manager of Factory Outlet Worlds nationwide. Belz operates Factory Outlet Worlds in Orlando, Fla., Las Vegas, Nev., Pigeon Forge, Tenn. and Lakeland, Tenn. Belz also has expansion plans for St. Augustine, Fla., and Puerto Rico.

With headquarters in Memphis, Tenn., Belz Enterprises is a leading innovator in real estate development with interests throughout the South and much of the country. Belz develops, owns and manages over 25 million square feet of industrial/warehouse/ distribution centers, shopping centers, office buildings, mixed-use centers and corporate campuses. The company also owns a group of premier hotels, including the Peabody Hotels in Memphis and Orlando.

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