LOS ANGELES, CA, July 04, 2009
/24-7PressRelease/ -- The Debbie Allen Dance Academy ("DADA") is officially open at Baldwin Hills Crenshaw Plaza ("BHCP"). DADA celebrated its move from Culver City with a ribbon cutting ceremony on Friday, June 26, 2009 at its new studio located at the corner of Marlton and Santa Rosalia Avenues in the former location of Mattie's Bistro.
With the help of Capri Capital Partners, LLC Chairman and Chief Executive Officer Quintin E. Primo III, Motown's Berry Gordy and Wallis Annenberg, Ms. Allen christened two dances studios and DADA's business center in honor of Gordy, Annenberg and Primo.
The celebration hosted by Ms. Allen and her husband Norm Nixon also included four performances of DADA's innovative and high-energy Summer Dance Series Up On The Roof,
Baldwin Hills Crenshaw Plaza, located at the corner of Martin Luther King Jr. and Crenshaw Boulevards is home to Macy's, Wal-Mart, Sears, Macy's, TJ Maxx, Magic Johnson Theaters and over 115 stores and restaurants. For more information, please visit our website at http://www.crenshawplaza.com.
About Capri Capital Partners, LLC
Capri Capital Partners, LLC, on behalf of an institutional client, owns Baldwin Hills Crenshaw Plaza. Headquartered in Chicago, Capri Capital Partners is an institutional real estate investment advisory firm investing in and managing commercial real estate properties and portfolios since 1992. Capri offers a broad spectrum of equity and debt investment products and services to its clients - through separate account and commingled fund vehicles. Diversified assets managed on behalf of its pension fund and other institutional clients as of March 31, 2009 total approximately $4.17 billion. For more information, please call 312-573-5275.
This announcement does not constitute an offer to sell, or a solicitation of an offer to buy any securities relating to Capri Capital Partners, LLC or any of its funds.
About Baldwin Hills Crenshaw Plaza
Baldwin Hills Crenshaw Plaza, the oldest regional shopping center in America, opened in November 1947 in Los Angeles, California as the Broadway-Crenshaw Center with 550,000 square feet and 13 acres of parking. Back in 1947 the mall was anchored by a Broadway department store, Woolworth variety store, and Von's supermarket. In 1988 BHCP received a facelift increasing in size to 850,000 square feet.
The Festival Companies, which manages BHCP, is a full-service commercial real estate firm and a leading shopping center developer based in Los Angeles, California. Festival has an extensive track record in redevelopment that has spurred revitalization and economic development in many communities. It has developed retail projects in 14 states comprising of over 20 million square feet. For more information on The Festival Companies, please call (310) 665-9600 or visit the company's Web site at http://www.festivalcos.com.
About Debbie Allen Dance Academy
DADA is a state-of-the-art dance academy founded by actress, dancer, producer, director Debbie Allen and NBA world champion and former Los Angeles Laker, Norman Nixon. Ms. Allen is reputed for understanding the world of dance and theater inside-and-out, and what it takes to turn a talented dancer into a great artist. In the nine years since the academy opened, the school has seen students go on to perform in feature films, hit television shows, on Broadway and concert stage. DADA has three concerts annually that showcase the talent of its nearly 400 students ages 4 to 21. DADA is a 501c (3) not-for-profit arts organization that relies on the support of individuals, corporations, and foundations to reach thousands of young people every year. For more information, visit http://www.DebbieAllenDanceAcademy.com.
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