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PAUL LAFRANCE JOINS CYPRESS EQUITIES AS VICE PRESIDENT OF RESORT DEVELOPMENT

12-13-2006 06:26 PM CET | Industry, Real Estate & Construction

Press release from: Cypress Equities

/ PR Agency: Pugliese Creative
Dallas, TX - Cypress Equities, the development affiliate of Staubach, announced today that Paul LaFrance has joined the firm as Vice President of Resort Development. As his initial project, Mr. LaFrance will oversee the design and construction of Royal Island, the company’s new private resort Island in the Bahamas.

Mr. LaFrance was most recently Vice President of Walt Disney Imagineering. During his tenure with Disney, he headed up the design and construction of Walt Disney Studios in Paris and the Construction of Hong Kong Disney. His previous experience includes a stint with Universal Studios where he was in charge of design and construction of Universal Studios Japan. His U.S. and international experience also includes Eurodisneyland and several other resorts and theme parks.

Mr. LaFrance discussed the Royal Island project, saying, “This is one of the most challenging and exciting projects that I’ve undertaken. We have a fabulous resource in Royal Island, which is one of the most beautiful in the Caribbean. However, the logistics of building on a remote island are huge, without any water, electricity or other essential services. This is the first project that I’ve been on where we’re literally starting from scratch. But when we’re finished, this will be an absolutely first class resort.”

A honors graduate of the University of Massachusetts, with a degree in Engineering, Mr. LaFrance has more than 12 years experience working for an engineering firm and a major general contractor, as well as 16 years in the theme park and resort business.

Pugliese Creative - for Cypress Equities
5401 N. Central Expressway, Suite 370
Dallas, TX 75205
Contact: Paul A. Tafalla
214-528-7252 x316
ptafalla@pugliesecreative.com

About Cypress Equities
Formed in 1995, Cypress Equities is the acquisition and development affiliate of The Staubach Group. Cypress Equities focuses on projects ranging in scope from mid-sized (15,000 square feet or larger) to large-scale (1,000,000 square feet or larger) retail centers. With development offices in Dallas, Atlanta, New York, Phoenix and San Francisco, it is an independent company with a dedicated staff that focuses on retail, resort and hospitality development, portfolio acquisitions, build-to-suits, sale-leasebacks and other development services for retail, mixed-use and automotive properties.

About Staubach Retail
A part of The Staubach Company, Staubach Retail provides a full range of services including consulting, brokerage, development, capital solutions, and full real estate outsourcing to both owners and users of retail real estate. In addition, Staubach Retail has specialty focus in the areas of automotive, service and convenience, restaurant and entertainment, anchor and junior anchor, food and drug, and fashion and lifestyle retailers. With the largest staff of retail real estate professionals in the country, Staubach Retail combines national coverage with local expertise to give clients a competitive edge in the retail arena.

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