MAGIC JOHNSON IS COMING TO HOUSTON TUESDAY!

WHAT: Canyon-Johnson Urban Funds partner Earvin “Magic” Johnson, Canyon Capital Realty Advisors managing partner Bobby Turner and others from the ownership team will join with Council Member Brenda Stardig to officially unveil the multi-million renovation of the landmark Marq*E Entertainment Center and take media on a guided tour of the renovated property.



WHO: Earvin “Magic” Johnson, Partner, Canyon-Johnson Urban Funds (CJUF)
Bobby Turner, Managing Partner, Canyon Capital Realty Advisors
Alan Hassenflu, Fidelis Realty Partners
Congresswoman Sheila Jackson Lee, U.S. House of Representatives, TX, Congressional District 18
Houston Council Member Brenda Stardig
Patricia Maddox, Chairman, Spring Branch Management District


WHEN: Tuesday, October 18, 2011
10:00 a.m. – Reception
10:30 a.m. – Program
11:00 a.m. – Property Tour
11:30 a.m. – Media Interviews



WHERE: Marq*E Entertainment Center – IMPROV Comedy Club and Restaurant
7620 Katy Freeway, Houston, Texas 77024



TOURS: Advance retail center tours for b-roll and photo opportunities are available
Monday, October 17 – Appointments required, contact Pamella Thorne to schedule



BACKGROUND: Since acquiring the Marq*E Entertainment Center in 2006, the Canyon-Johnson Urban Funds (CJUF) and local development partnerFidelis Realty Partners have invested more than $15 million to upgrade the open-air lifestyle retail center. The team has delivered on their commitment to enhance the Marq*E Center with an updated layout, brand new retail storefronts, additional parking and improved visibility from I-10. For more information about the center, visit www.marqehouston.com.



The retail center’s major equity investor, CJUF, is a joint venture between Canyon Capital Realty Advisors and basketball-legend-turned-urban-entrepreneur Earvin “Magic” Johnson. CJUF is one of the country’s largest private real estate funds focused on the development of urban properties in underserved neighborhoods. The funds were formed to identify, enhance and capture value through the development and redevelopment of real estate in densely populated, ethnically diverse urban communities.