Press Room

OPUS WEST ANNOUNCES ONE OF CHINO VALLEY'S LARGEST OFFICE LEASES TO DATE, WITH JACUZZI BRANDS' PLANS TO MOVE HEADQUARTERS TO THE SHOPPES AT CHINO HILLS

CHINO, CALIFORNIA., April 16, 2008 - Marking one of the largest office lease signings in the history of Southern California's Chino Valley, Opus West Corporation announced today that Jacuzzi Brands Corp., the leader in the bath and acrylic hot tub industries under the world-famous Jacuzzi® brand, has signed a six-year lease for 30,813 square feet of office space at The Shoppes at Chino Hills, a 750,000-square-foot master-planned project incorporating retail, office and a new civic center in Chino Hills, Calif.

Slated for occupancy in August 2008, Jacuzzi will relocate its world headquarters from nearby Chino, Calif. to the second level of The Shoppes at Chino Hills. Situated above retailers, the space will include a luxury showroom, a private entry, operable windows, a balcony overlooking the Chino Valley and immediate access to more than 70 retailers set to open their doors at The Shoppes at Chino Hills on May 23, 2008.

"Jacuzzi will occupy the second story office space at The Shoppes at Chino Hills," said Jeff Hill, vice president of real estate development at Opus West.

Hill noted that the Jacuzzi lease is significant for the new lifestyle center. "Jacuzzi's decision to relocate its world headquarters to our center is indicative of the company's continued growth and commitment to the region as well as the favorable, dynamic environment that we've created at The Shoppes," he said. "Employees and patrons will benefit from not only the high-end design and construction infrastructure of this project but also from the myriad of onsite amenities and dining options that make this project truly superior."

"We are thrilled to be a part of such a high quality development, as well as to be able to showcase our hot tub, bath and shower products in a beautiful new showroom," said Tom Koos, president and chief executive officer of Jacuzzi Brands Corp. "We look forward to joining the dynamic Chino Hills community at this exciting time."

Taylor Ing and Michael Day of CB Richard Ellis represented both Opus West and Jacuzzi in the transaction.

Designed by internationally known architect Altoon + Porter, The Shoppes at Chino Hills is situated on 50 acres and will feature a 400,000-square-foot regional center, 60,000 square feet of office space built over retail, 250 units of housing, a new civic center, a community library and police station. With a master-plan totaling 750,000 square feet, the project will create a unique downtown experience for the City of Chino Hills. This includes outdoor shopping along landscaped streets, allowing store adjacent parking. One component of the site will be designed as a pedestrian-only promenade with shaded seating areas and fountains.

Chino Hills' growing population, housing density and upscale demographics are attracting a strong tenant line-up of lifestyle retailers and restaurants to The Shoppes at Chino Hills. In addition to Jacuzzi, the tenant roster currently features more than 50 lifestyle retailers including H&M, Barnes & Noble, Banana Republic, P.F. Chang's China Bistro, Trader Joe's, Peet's Coffee, American Eagle Outfitters, Lululemon Athletica, Sunglass Hut, Jos A. Bank, Gymboree, The Walking Company, Active, Pinkberry, California Pizza Kitchen, Aveda Salon, J. Jill, PacSun, Yard House, Chico's, White House | Black Market, New York & Company, Ann Taylor Loft, Victoria's Secret, Bath & Body Works, Wood Ranch BBQ & Grill, Brighton Collectibles, The Buckle, Claire's, Chipotle, Panera Bread, and Solstice.

About Opus West
Since opening its Phoenix headquarters in 1979, Opus West has developed more than 51 million square feet of office, industrial, retail and multifamily space throughout Arizona, California, Nevada, New Mexico, Texas and Utah. From its Southern California regional headquarters in Irvine and its offices in Los Angeles and San Diego, Opus West is currently developing or has completed more than 10 million square feet of commercial development throughout Southern California. The full service real estate company provides in-house architecture, construction management, real estate development and property management services.

About Jacuzzi Brands Corp.
Jacuzzi Brands Corp., (an Apollo Management L.P. affiliated portfolio company) through its subsidiaries, is a global manufacturer and distributor of high quality and innovative branded bath, plumbing and backyard products for the residential, commercial and institutional markets. Its product offerings include whirlpool baths, outdoor hot tubs, showers, sanitary ware, bath tubs, as well as fixtures and accessories. These products are marketed under the company's portfolio of brand names, including the flagship JACUZZI® brand as well as, SUNDANCE®, and ASTRACAST®. Learn more at www.jacuzzi.com.

About Chino Hills
Chino Hills is well known for its high quality of life and beautiful rural atmosphere. The community, with its growing population of 76,400, boasts 3,000 acres of publicly owned open space, 37 parks, 38 miles of trails, and five community buildings. Chino Hills' strong demographics and its location at the convergence of Orange, Riverside, Los Angeles and San Bernardino Counties make it attractive to prospective residents, business and commercial developers. For more information, visit http://www.chinohills.org/.

Media Contact: Danielle Tocco
Amies Communications, 949-863-1910 ext. 24

Editor's Note:
A high-resolution rendering of the project is available upon request. Please contact Danielle Tocco at 949.863.1910 xt. 24 or daniellet@amies.com

For more information about Jacuzzi Whirlpool Bath, visit www.jacuzzi.com
or phone 1-800-288-4002.