This 40-acre parcel of land was purchased from Sunset Station last month. The site will soon be the home to several national retailers including Best Buy, JoAnns etc., Chevron, and the first Super Costco in the Las Vegas area.

"The Stephanie-Sunset corridor will have 3.5 million square feet of retail space by the end of 2001," said Hank Gordon, president of Laurich Properties. "That gives this area the highest concentration of retail space in Nevada."

SunMark Plaza is a joint venture of Laurich Properties and The Molasky Companies. This development is the eighth project the two companies have worked on together. "I have worked on many developments with Laurich Properties," said Irwin Molasky, chairman on The Molasky Companies. "They have the ability to foresee community needs and bring national retailers into our neighborhoods. Hank Gordon is a true professional and an honorable gentleman."

"There are several national retailers not presently located in the Henderson area but who have locations in Las Vegas," said Gordon. "SunMark Plaza is the ideal location to serve the Henderson community. We plan to bring new and exciting retailers to this corridor."

"We are excited about this wonderful location and have great respect for our partner - Laurich Properties," said Richard Worthington, president of The Molasky Companies.

Laurich Properties, Inc. is the largest Las Vegas-based shopping center developer with more than 3 million square feet of retail space in southern Nevada. It has developed successful shopping centers for the last 40 years in eight western states. Since 1990, Laurich Properties has been responsible for more than two dozen neighborhood and power shopping centers in the Las Vegas area.

The Molasky Companies is a diversified real estate group, having been responsible for much of Las Vegas' skyline including Sunrise Hospital, The Boulevard Mall, BEST in the WEST shopping center and the new Park Towers, an exclusive enclave of condominium homes in Hughes Center.