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Gabberts Furniture Closing Dallas Campus and Taps Henry S. Miller to Lease 235,000 sf

DALLAS, TX - May 1, 2006 -- Gabberts Furniture is closing its Dallas campus location at Midway Road and LBJ Freeway and has tapped brokers Vaughn Miller, Henry S. Miller IV and Daniel Harris, of Henry S. Miller Commercial to re-lease the 235,000 square foot campus property. Gabberts opened its Dallas location in 1973 and the new store featured furniture creatively displayed in vignettes — a first for the industry — allowing customers to envision how entire rooms of items would look in their home. At one time this location was single highest volume furniture store in north Texas, but with changes in the industry and increased competition, Gabberts decided to close the store after 33 years of operation. The closure does not affect Gabbert's Minneapolis store. There are two buildings included in the campus, a 105,000 square foot showroom on 2 levels and 135,000 square feet warehouse space in the second building.

Gabberts interviewed several real estate firms to handle the high profile assignment and chose Henry S. Miller Commercial because of its great local expertise and national reach through TCN (The Commercial Network). Vaughn Miller, President of the Retail Division of Henry S. Miller Commercial, explains, “We are confident that this location will lease very quickly. The buildings are in excellent condition and in a prime position for any retailer or other user to come in and quickly experience the success that Gabberts has experienced in its years at this prestigious location.” Henry S. Miller IV added, "The Gabberts campus is a landmark location, so much so that people use it for driving directions in the north Dallas area.

Founded by entrepreneur Don Gabbert in 1946, Gabberts started as a tire and appliance store in downtown Minneapolis, before converting to a general home furnishings shop seven years later. In 1959, Don moved the company to the Twin Cities suburb of Edina. . The lower level included a family-friendly Garden Court (another Gabberts trademark), offering free refreshments, patio seating and a play area for kids. Through the years, the furniture icon has always been owned and operated by the Gabberts family, with management responsibilities passing from Don to sons John and now Jim, Chairman and CEO since 1987.

Henry S. Miller Commercial, founded in 1914, is Texas’ largest independent commercial real estate firm and a member of The Commercial Network, one of the largest affiliations of commercial real estate firms in the nation.