BRADENTON, FL. – ShopOne Centers REIT Inc. (“ShopOne” or the “Company”), a leading owner, operator and manager of high-quality, grocery-anchored shopping centers, is pleased to announce that Twelve Oaks Plaza, its neighborhood shopping center in Bradenton, Florida, is now 100% leased with the grand opening of The Breakfast Company. The Breakfast Company is a locally established, family-owned restaurant serving breakfast and lunch.

“We are extremely pleased to welcome The Breakfast Company to Twelve Oaks Plaza. Partnering with high quality, local restaurateurs is essential in creating a strong, vibrant tenant mix,” said Bob Dake, Chief Operating Officer at ShopOne. “This accomplishment reflects our team’s ability to continue executing our lease up strategy and delivering quality services to the communities in which our centers serve. We look forward to The Breakfast Company serving as one of the top destinations in the area for breakfast and lunch.”

The Breakfast Company, which is located between China Village and Any Lab Text Now, joins a diverse mix of leading national and local brands at the Publix-anchored Twelve Oaks Plaza, including T-Mobile, Big Frog Custom T-Shirts and The Pho House. Founded by mother and son, Terri and Dimitri Syros, The Breakfast Company serves up original family recipes using locally-source ingredients that are inspired by the family's Greek roots.

The restaurant was opened as a tribute to Terri's late father, George Soublis, who founded El Greco Cafe in downtown Sarasota in 1990. Accordingly, the menu features staples such as El Greco Famous Greek Dressing and Homemade Pita Bread. Other favorites on the menu include Patti Corcoran's famous Twinnie's Brownies, Homemade Jumbo Cinnamon Rolls, Sweet Potato Bacon Hash and Florida French Toast.

“We are excited to open our restaurant and serve the Bradenton and Lakewood Ranch community," commented Mr. Syros. "Twelve Oaks Plaza already has a vibrant tenant lineup that attracts a high number of customers per day, and with the recent enhancement of State Road 70 and the construction of the new hotel and pre-school in the area, we believe that our future is bright. We are excited to continue to grow!”

Twelve Oaks Plaza is a well-established neighborhood shopping center located on State Road 70, immediately west of I-75 in Bradenton, which has been ranked among the fastest growing areas in the United States by both the U.S. Census Bureau and Forbes. The area is a vibrant historical and business center along the Gulf shores. Success of the local small shop tenants at the Plaza is supported by the number of long term operators at the plaza.

About ShopOne

ShopOne Centers REIT is a leading owner, operator and manager of high-quality shopping centers. The Company’s retail centers are located in established trade areas and are supported by a diverse mix of non-discretionary, value-oriented and grocery retailers. ShopOne is committed to maximizing the value of its portfolio by capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing redevelopment opportunities. To learn more about ShopOne, please visit www.ShopOne.com.

Media Contact:

Matthew Chudoba
ICR
(203) 682-8277
Matthew.Chudoba@icrinc.com