Read Our Member’s Latest Commercial Real Estate Deals

12/27/2012 Deal

First Mortgage Placement

Houlihan-Parnes Realtors, LLC

Houlihan-Parnes Realtors, LLC, represented by Jerry Houlihan is pleased to announce the placement of a $3,780,000 first mortgage for the acquisition of 8 multifamily buildings containing 160 apartments located in Bridgeport Conn. These garden-style apartment buildings were built between 1960 and 1975 and have laundry facilities and on-site parking. The purchasing group bought the assets from US Bank, NA at a price of $5,000,000 and were contracted to close within 30 days. HP secured a 3-year, PAR loan with a floating interest rate of 0.75% above the prime rate on a 30-year amortization schedule. The loan was provided by a New Jersey based Bank and is prepayable throughout the term with no penalty. The loan also contains release provisions if any of the properties are sold. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide. Houlihan-Parnes and its affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting

Contact: James J. Houlihan, 914-694-6070

12/18/2012 Deal

HOULIHAN-PARNES REALTORS, LLC AND Q10 REALTY ADVISORS, LLC ARE PLEASED TO ANNOUNCE THE PLACEMENT OF A $16,500,000.00 FIRST MORTGAGE ON 35-73 RAMAPO VALLEY ROAD, ALSO KNOWN AS THE MAHWAH BUSINESS PARK LOCATED JUST OFF ROUTE 17 IN MAHWAH, N.J.

Houlihan-Parnes Realtors, LLC

The Mahwah Business Park is a 400,000 square foot facility that is a combination of office and warehouse space. The largest tenant is Extra Space Storage, a self storage center. The center also provides warehouse facilities to Accupac and Paulist Press. The 80,000 of office space is divided into small spaces with none over 4,200 square feet. The 5-year, non-recourse loan has a fixed rate of 3.99% with a 25 year amortization schedule. The loan is prepayable with a swap breakage feature that only results in a significant prepayment penalty if interest rates are lower than on the day the loan was originated. The borrower was represented by Robert Tiburzi of Houlihan-Parnes Realtors, LLC. Goldberg Weprin Finkel Goldstein, LLP was borrower’s counsel. All New York Title Agency, INC. provided the title services. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide. Houlihan-Parnes and its affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting.

Contact: James J. Houlihan, 914-694-6070

12/17/2012 Deal

GPE CLOSES TRANSACTION ON 98,930 SF HANGAR/OFFICE PROPERTY IN SCOTTSDALE AIRPARK

GPE Companies

GPE Commercial Advisors, an award-winning commercial real estate firm, secured the sale of a 98,930 square foot, 5.1 Acre property that consists of two buildings, 14988 & 15010 N 78th Way in the Scottsdale Airpark. Southwest Jet Corporate Center sold for $9,600,000. Tim Phillips, Associate Vice President of GPE says “The Southwest Jet Corporate Center is a very unique property. There are few properties that are almost 100,000 SF that are a mix of airplane hangar and office in The Scottsdale Airpark. We had a tremendous amount of interest from buyers all around the country from investors to owner-users. “ Tim Phillips of GPE Commercial Advisors represented the seller, Southwest Jet Corporate Center, LLC. Jay LaRue of LaRue Business Group represented the buyer, Southwest Jet Center, LLC.

Contact: Brooke Askew-Rossi, 480-423-7910

12/13/2012 Deal

Property Re-Finance

Houlihan-Parnes Realtors, LLC

Ed Graf and Ted Sannella of Houlihan-Parnes Realtors, LLC have arranged for the re-finance of the first mortgage on a multi-family complex in Upstate New York. The property consists of 257 apartments and is located at 380 Chenango Street and 13 Pearne Street, Binghamton, N.Y. The par, non-recourse loan, was placed for a five year term with a 30 year amortization schedule. The loan amount is for $5,500,000. The interest rate, 3.58%, is fixed for the first five years. The loan provides for a five-year renewal option. It can also be pre-paid with a declining prepayment premium. The borrower was represented by Steven Tierney of Woods, Oviatt, Gilman L.P.P. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide. Houlihan-Parnes and its affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting

Contact: James J. Houlihan, 914-694-6070

12/12/2012 Personnel News

GPE Commercial Advisors Hires Marcela Houser, CCIM as Associate Vice President

GPE Companies

GPE Commercial Advisors welcomes Marcela Houser, CCIM as our newest member of the brokerage team as Associate Vice President. Marcela brings to GPE over 10 years of experience in Commercial Real Estate. She has worked for companies such as Coldwell Banker Commercial, ROI Properties and Colliers International in Mexico. She holds qualifications of CCIM (Certified Commercial Investment Management) and has a Bachelors Degree in Marketing. She was awarded in 2008 top 10 producers of the year. Her bilingual skills allow her to provide a broader service and her financial analytics facilitate decision making for her clients. Marcela specializes in retail, gas stations and office acquisition, disposition and investments. Having worked in the past in a VP position managing commercial portfolios in several states has allowed her to get a deeper understanding of real estate and has given her a better sense of how to meet her clients’ needs. Her experience, negotiation and marketing abilities have allowed her to successfully close complex transactions. She has also been a volunteer for the Volunteer Lawyers Program (VLP) since 1995.

Contact: Brooke Askew-Rossi, 480-423-7910

12/11/2012 Deal

VIAWEST GROUP ACQUIRES MULTI-OFFICE ASSET FOR $10.1M

ViaWest Group, LLC

PHOENIX, AZ (Dec. 7, 2012) – Adding to its growing portfolio of properties, ViaWest Group successfully acquired two commercial office buildings and five office condominium buildings within the “Chandler Midway Corporate Center” located at Chandler Blvd. and Kyrene Rd. in Chandler, AZ. The combined purchase price of the short-sale acquisition exceeds $10 million and the combined square footages total 139,803. Located near Intel’s north Chandler corporate campuses, the two Class-A, two-story office buildings are 55,900 square foot each and were built in 2007 and 2008. 5710 W. Chandler is approximately 70% occupied with a single tenant and 5670 W. Chandler is vacant, ideal for a corporate headquarters or multi-tenant use. The five acquired office condo buildings total 28,003 sq. ft. and comprise 21 condo units ranging from 1,058 to 9,980 sq. ft. contiguous. “With easy access to I-10, the Loop 101 and the Loop 202 Freeways, the Chandler Midway Corporate Center is located in an ideal commercial hub. Additionally, the newer product and surrounding retail and service centers add value to not only our asset, but to our tenants’ businesses as well.” noted Steven Schwarz, Co-Founder and Principal of ViaWest Group. “Chandler is a fantastic business city, poised for continued employment growth. We specialize in leasing up vacant space, so this opportunity fits our skills perfectly in a prime location.” adds Gary Linhart, also a Co-Founder and Principal at ViaWest. The company intends to sell the office condos and lease-up the vacancy of the larger office buildings to hold for investment. ViaWest will serve as the property and asset manager on the office buildings. ViaWest Group is a Phoenix-based full service commercial real estate firm. ViaWest has been involved in property acquisition and development in excess of $400 million, investment and tenant representation brokerage transactions over $200 million, and currently manages fifteen single-asset entities.

Contact: Kelly Bugbee, 602-957-8300

12/11/2012 Deal

KDC TO DEVELOP $1.5 BILLION, 186 ACRE MIXED-USE PROJECT AT BUSH TURNPIKE, NORTH CENTRAL EXPRESSWAY

KDC

Dallas-based KDC today announced that it will acquire 186 acres of land prior to year end to develop a $1.5 billion master-planned project in Richardson near the intersection of President George Bush Turnpike and North Central Expressway (US 75). The Richardson City Council approved rezoning for the property on Monday night, paving the way for development. KDC’s project, adjacent to the Dallas Area Rapid Transit’s (DART) Bush Turnpike Station on its Red Line, includes key blocks of land on the east and west sides of Plano Road. The east side includes the 147.5 acres of land on the north side of Renner Road, between Plano Road and Wyndham Lane. The west side includes 38.5 acres of land south of President George Bush Turnpike between Plano Road and the DART light rail tracks. Conceptual design is under way for an urban environment that will incorporate build-to-suit office buildings, an integrated healthcare facility, 3,925 multi-family residential units, hotels, retail and restaurants.

Contact: Sydney Townsend, 972-979-9351

12/04/2012 Company News

Developer poised for growth - Vancouver, BC

Chard Development Ltd

Chard Development Ltd. announces today that Gordon Wylie has joined the company as Partner and Senior Vice President. He will be responsible for the acquisition and development of new projects with a focus in British Columbia and Alberta. “I am very excited to join this boutique development firm with its proven track-record, well-earned reputation and dedicated team,” says Mr. Wylie. “I look forward to contributing to the company’s existing projects while exploring new opportunities.” Mr. Wylie is a proven leader in the commercial and mixed-use development industry in Western Canada. He brings 18 years of experience to Chard and has over $650 million of completed projects. In his previous senior role with a major Canadian real estate firm, his projects included the redevelopment of Surrey’s Guildford Town Centre, the development of Metropolis at Metrotown, the LEED Platinum (CS) Metrotower III and, most recently the rezoning application for the proposed 3.6 million square foot mixed-use expansion of Vancouver’s Oakridge Centre. Mr. Wylie’s skills coupled with his relationships with retailers and municipalities will assist Chard Development in its growth in new markets and in the development of commercial and mixed-use projects. “With the addition of Gord to our team we look forward to diversifying our development portfolio throughout Western Canada,” says Dave Chard, president of Chard Development. “Gord brings a broad skill-set and recent experience in major commercial and mixed-use development which will allow our organization to pursue a broader range and larger scope of projects in the coming years.” Mr. Wylie is currently Co-chair for Government Relations and Development Issues for NAIOP Vancouver. Chard Development Ltd. is a Vancouver-based real estate development company founded in 1994. The company has provided development management services on major developments to a diverse group of clients as well has worked on its own residential and mixed-use projects with a particular focus on Victoria.

Contact: Jeff Griffiths, 604-682-6046

12/03/2012 Company News

Boston Capital Provides Equity and Permanent Loan Financing for Affordable Multifamily Property in Wisconsin

Boston Capital

December 3, 2012 - Boston Capital is investing in the rehabilitation of Walworth Apartments, a 139-unit development in Wisconsin consisting of two sites, Gilbert Court Apartments in Elkhorn and Havenwood Apartments in Lake Geneva. Located nine miles apart, the apartment communities will serve seniors and families earning 60 percent or less of the Area Median Income (AMI). In addition to its equity investment in Walworth Apartments, Boston Capital Finance (BCF) provided permanent loan financing, an 18-month, fixed-rate forward commitment which closed into the Boston Capital Long Term Mortgage Fund. Loan funding will occur upon construction completion and property stabilization. The loan will carry a 15-year term. The rehabilitation of this property will generate more than $5 million in local income and create nearly 60 jobs in the Elkhorn and Lake Geneva areas. Boston Capital's investment in Walworth Apartments adds 139 units of affordable housing to its apartment portfolio. To date, Boston Capital has invested in nearly 3,000 units of affordable housing in Wisconsin.

Contact: Allison E. Marino, 617-624-8678

12/03/2012 Company News

Avison Young opens new office in Denver, 11 members join

Avison Young

Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently-owned commercial real estate services company, announced today the opening of a newly-formed office in Denver, Colorado. The newest American office marks Avison Young’s 21st market outside of Canada and an additional step in the firm’s ongoing aggressive growth and expansion strategy. Over the past three and a half years, Avison Young has grown from 11 to, now, 43 offices in 35 markets and from 300 to more than 1,100 real estate professionals across Canada and the U.S. Effective immediately, Alec Wynne joins as a Principal and Managing Director of the Denver office; Justin Rayburn joins as a Principal; and Phil Ruschmeyer as a Senior Vice-President in Denver.

Contact: Sherry Quan, 604-647-5098

12/03/2012 Deal

TRADEMARK JV ACQUIRES WATTERS CREEK NOTE AND SIGNS Z GALLERIE

Trademark Properties

FORT WORTH, Texas (November 30, 2012) – A joint venture of Trademark Property Co., the Fort Worth-based retail and mixed-use development, investment and services firm, Coventry Real Estate Advisors, a New York–based real estate investment manager, Southern Land Co., a Tennessee-based multi-faceted real estate developer, and Los Angeles-based PCCP, an integrated real estate finance and investment management firm, today announced the recapitalization of the Class A mixed-use project, Watters Creek at Montgomery Farm, located just north of Dallas in Allen, Texas. The Joint Venture acquired the note on the property from a multi-bank syndicate led by PNC Bank. PCCP provided the capital for the transaction from its opportunistic fund, PCCP Equity VI, L.P., which targets high quality real estate with distressed capital structures that need the workout expertise combined with fresh equity capital that PCCP can bring. “Coventry is pleased to announce the recapitalization of Watters Creek and the addition of PCCP to the partnership,” said Coventry Principal Brian Moss. “The recapitalization allowed ownership to take advantage of the opportunity to purchase the existing loan at a discount and to provide additional capital for future improvements.” The restructuring provides ownership the time and flexibility to allow for Watters Creek to reach its full potential over the next few years. Plans include the immediate execution of more than 25,000 square feet of new leases and the implementation of a wide range of property improvements. Watters Creek is a 706,000 sf Class A mixed-use development consisting of 100,000 sf of office, 356,000 sf of retail and the 233-unit Lofts at Watters Creek multi-family apartments. Located at Bethany Drive and U.S. 75 in Allen, the project was developed and capitalized by Trademark, Coventry and Southern Land and opened in 2008.

Contact: Kelly O'Keefe, 817-810-5307

11/28/2012 Company News

Cambridge Successfully Structured the Sale of 1501 Moran Road

Cambridge

Dulles, Virginia — Cambridge Holdings, LLC successfully structured the sale of a 163,110 sf., industrial manufacturing building located at 1501 Moran Road on behalf of its ownership. Cambridge had assisted in the acquisition of the building for 1501 Moran Road LLC in December 2010, via the acquisition of existing debt which was used to acquire title. Subsequently Cambridge assisted with the leasing of the entire facility on a 20yr NNN basis to Cuisine Solutions, an expanding Regional Food Manufacturer. The building will serve as the primary manufacturing facility for Cuisine and as their New Headquarters. Cambridge worked with Marcus & Millichap in the sale of the facility to W.P. Carey. “We accommodated the goals of all the stakeholders,” states T. Michael Scott, President & Vice-Chairman of Cambridge. “We monetized the gains of the developer-owner, after overseeing the redevelopment of the project into Cuisine Solutions’ state-of-the-art manufacturing plant. Finally, we matched a rapidly growing tenant with a long-term lease and a REIT which is knowledgeable and committed for the duration.”

Contact: Andrew J. Czekaj, 703-709-8866

11/27/2012 Personnel News

Chris Bane joins CDC Small Business Finance

CDC Small Business Finance

Phoenix native Chris Bane, a 9-year veteran of commercial real estate financing, will join Small Business Finance Nov. 1 as senior commercial loan officer to provide Small Business Administration (SBA) financing throughout Arizona. A University of Arizona graduate, Bane will focus on working with bankers and commercial real estate brokers to provide small businesses with SBA-504 loans to help them purchase their own building, expand and create new jobs. Prior to joining Small Business Finance, Bane ranked #1 in overall loan production in 2011 for JP Morgan Chase’s expansion into four western states. Bane also ranked #2 in SBA loan production for Chase last year. Prior to Chase, Bane worked for Union Bank and HSBC. Small Business Finance is the nation’s leading lender of SBA 504 loans – fixed-rate, commercial real estate financing that helps small businesses grow and create new jobs. For the SBA’s fiscal year 2012 (ended 9/30/12), Small Business Finance had partnered with banks to provide more than $68 million in financing to small businesses in Arizona, California and Nevada.

Contact: Larry Nuffer, 619-243-8620

11/27/2012 Company News

Solutions, Inc. Secures a CM Contract with The University of South Florida for 2013

Solutions, Inc. General Contractors

Solutions, Inc. has been awarded a 1 year continuing services contract with the University of South Florida. We have completed 4 projects outside of this CM contract and are excited to have this opportunity to expand our services with them.

Contact: Chad Birchard, 813-387-6000

11/19/2012 Company News

Boston Capital Provides Equity and Construction Loan Financing for Two Affordable Multifamily Properties in Arkansas

Boston Capital

November 19, 2012 - Boston Capital is investing in the rehabilitation of Garden Walk of Bentonville in Bentonville, Arkansas and Garden Walk of Elfen Glen II in Van Buren, Arkansas. In addition to its equity investments, Boston Capital Finance (BCF) provided two, 24-month construction loans which closed into the Boston Capital Intermediate Term Income Fund, a fixed-rate, construction financing fund. "Through Boston Capital's construction loans, we are able to invest in high-quality, multifamily housing in Bentonville and Van Buren, two areas in need of affordable housing designed for families," stated Kevin P. Costello, Executive Vice President and Director of Institutional Investing at Boston Capital. "We are pleased to provide a seamless process to our developer partners as both debt and equity are underwritten, closed and serviced at Boston Capital."

Contact: Allison E. Marino, 617-624-8678

11/14/2012 Deal

GPE Announces 7 New Commercial Transactions

GPE Companies

GPE Companies (gpe1.com) reports the following transactions: Sales Phoenix, AZ - Emad Investment, LLC purchased 6,759 SF for $231,000 at 718 West Southern Avenue. Bret Isbell and Russell Fine represented the seller. Office Leases Phoenix, AZ - Caretakers Building Maintenance (caretakersinc.com) leased 14,700 SF at 3620 East Roeser Road. Tim Phillips represented the tenant. Phoenix, AZ - A law firm leased 3,550 SF at 5050 North 40th Street. Dave Sampson represented the tenant. Medical Leases Phoenix, AZ - An urgent care center leased 3,021 SF at 333 West Thomas Road. Bret Isbell, Julie A. Johnson, CCIM, Julie A. Johnson, CCIM, and Russell Fine represented the tenant. Tempe, AZ - A laboratory leased 2,700 SF at Shalimar Square, 1950 East Southern Ave. Kevin Helland, MBA, and Nicholas A. Pelusio represented the landlord. Surprise, AZ - A rehabilitation practice leased 2,100 SF at Albertsons Center, 14545 West Grand Avenue. Paul Vanderveen represented the tenant. Phoenix, AZ - A medical practice leased 1,298 SF at Arizona Medical Plaza, 1728 West Glendale Avenue. Bret Isbell and Russell Fine represented the landlord.

Contact: Brooke Askew-Rossi, 480-423-7910

11/13/2012 Personnel News

GPE Promotes Linda Tierney to Director of Property Administration Position

GPE Companies

GPE Companies is proud to announce the promotion of Linda Tierney to Director of Property Administration for GPE Management Services, LLC. In addition to managing a portfolio of commercial properties, the job will entail overseeing accounting, managing all property management operation standards, facilitating inter-departmental communication and assisting the director of property management. Linda is an outstanding leader, forward thinking and excels at detail-oriented tasks; qualities which will help her succeed in this position. Commercial property owners in the greater Phoenix metropolitan area have been entrusting the management of their portfolios to Linda Tierney since 2005. Before joining GPE Management Services in 2010 as Senior Property Manager, Tierney was responsible for managing an office portfolio of approximately 675,000 SF for CB Richard Ellis and approximately 450,000 SF of retail, office, medical, warehouse and light industrial buildings for Nobeus Property Management. She has earned a reputation among clients and peers as a highly fiscally responsible professional who operates each building as efficiently and profitably as possible. Tierney is a graduate of the University of Arizona and holds an Arizona Real Estate license. Away from her property management responsibilities, Tierney teaches spin classes at a fitness club and along with her family, participate in an active lifestyle that includes running, hiking, tennis, and golf. She is an avid sports fan and enjoys attending Arizona Cardinals games.

Contact: Brooke Askew-Rossi, 480-423-7910

11/08/2012 Company News

Boston Capital Invests in Two Affordable Multifamily Developments in Virginia

Boston Capital

November 8, 2012 - Boston Capital invested in the rehabilitation of two multifamily apartment communities for seniors in Virginia: Amherst Village Apartments, a 48-unit development in Amherst and Meadow Run Apartments, a 43-unit development in Gordonsville. The developments will be rehabilitated with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are affiliated with T.M. Associates, Inc., based in Maryland along with the Telamon Corporation, a non-profit organization based in North Carolina. "The Amherst and Gordonsville housing markets demonstrate a strong need for high-quality, affordable housing developments with one-bedroom units suitable for seniors," said Jeff Goldstein, chief operating officer and director of Real Estate at Boston Capital. "The installation of energy-efficient split system units and EnergyStar appliances will create environment-friendly improvements, increasing the sustainability of our portfolio and significantly reducing electricity costs for residents, many on fixed incomes."

Contact: Allison E. Marino, 617-624-8678

11/01/2012 Deal

Sale of 1501 Moran Road for $25 Million

Cambridge Holdings, LLC

Dulles, Virginia — Cambridge Holdings, LLC successfully structured the sale of a 163,110 sf., industrial manufacturing building located at 1501 Moran Road on behalf of its ownership. Cambridge had assisted in the acquisition of the building for 1501 Moran Road LLC in December 2010, via the acquisition of existing debt which was used to acquire title. Subsequently Cambridge assisted with the leasing of the entire facility on a 20yr NNN basis to Cuisine Solutions, an expanding Regional Food Manufacturer. The building will serve as the primary manufacturing facility for Cuisine and as their New Headquarters. Cambridge worked with Marcus & Millichap in the sale of the facility to W.P. Carey. “We accommodated the goals of all the stakeholders,” states T. Michael Scott, President & Vice-Chairman of Cambridge. “We monetized the gains of the developer-owner, after overseeing the redevelopment of the project into Cuisine Solutions’ state-of-the-art manufacturing plant. Finally, we matched a rapidly growing tenant with a long-term lease and a REIT which is knowledgeable and committed for the duration.” According to Andrew J Czekaj Chairman and CEO of Cambridge “1501 Moran Road showcases the strategic capabilities of Cambridge , structuring the purchase of an REO asset , repositioning its use into a state of the art kitchen/manufacturing facility and monetizing the value creation through a forward sale in the institutional credit market. Our team of professionals executed a myriad of tasks from purchase, construction management to investment management/sale process to execute the transaction.” Cambridge has been retained by Cuisine Solutions, Inc. to provide Property Management and lease administration services under a long term contract. “We look forward to continue working with Cuisine Solutions to achieve its goals for this facility” states Randy S. Jaegle, Chief Operating Officer of Cambridge.

Contact: Andrew J. Czekaj, 703-709-8866

10/31/2012 Company News

LEE & ASSOCIATES CLOSES $3.4 MILLION OFFICE SALE OF STERLING CENTRE

Lee & Associates Inland Empire North

Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has closed the $3.4 million sale of Sterling Centre in Redlands, Calif. President Donald P. Brown of Lee & Associates Inland Empire North, Managing Director/Principal Matthew Sullivan Lee & Associates Investment Services Group and Senior Vice President Rich Erickson of Lee & Associates Riverside represented the seller, Pacific Western Bank. The buyer, Lynn Chao of the Law Office of Lynn Chao was represented by Shari Varnoos of RE/MAX Commercial. “Because of Lee & Associates’ extensive coverage across the country and Southern California specifically, I was able to tap into Matthew’s and Rich’s regional expertise to provide very attentive and specialized service to our client,” said Brown. "Redlands submarket is of high quality with an abundant of suburban housing and commercial support. As a team, we were able to position the property to highlight the stabilized net operating income and low sale to replacement cost." Sterling Centre is a ±37,120 SF multi-tenant office property comprised of two freestanding two-story buildings at 1175-1177 Idaho Street. The center focuses on a strong tenant mix with long term leases with various restaurants and retail outlets nearby. Located near Citrus Plaza, an open-air shopping center which includes Barnes & Noble, Bed Bath & Beyond, BevMo!, Jamba Juice, Kohl’s, Petco, Starbucks and Target, the property also offers near access to the I-10 Freeway with the I-210 Freeway minutes away.

Contact: Heather Ford , 760-241-5211

10/31/2012 Company News

Boston Capital Invests in Affordable Multifamily Development in Virginia

Boston Capital

October 31, 2012 - Boston Capital invested in the rehabilitation of Bradford Mews Apartments, a 120-unit development for families in Smithfield, VA. The development will be rehabilitated with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are Williamsburg-based Bastion Development Corporation and Ten Development, Inc. "Substantial interior and exterior renovations will add to the desirability of Bradford Mews Apartments," said Jack Manning, president and CEO of Boston Capital. "Boston Capital is pleased to partner with Bastion Development Corporation and Ten Development in this rehabilitation to help meet the growing demand for high-quality affordable housing units for families in the Smithfield market." The rehabilitation of Bradford Mews Apartments will generate $2.2 million in local income and create approximately 25 jobs in the Smithfield area. Boston Capital's investment in Bradford Mews Apartments adds 120 units of affordable housing to its apartment portfolio. To date, Boston Capital has invested in nearly 13,120 units of affordable housing in Virginia.

Contact: Allison E. Marino, 617-624-8678

10/29/2012 Deal

LNR Property LLC and Jones Lang LaSalle Complete 46,701-SF Office Lease with Activision in Woodland Hills, Calif.

Jones Lang LaSalle

LNR Property LLC and Jones Lang LaSalle Complete 46,701-SF Office Lease with Activision in Woodland Hills, Calif. WOODLAND HILLS, CALIF., Oct. 29, 2012 — Jones Lang LaSalle announced today that LNR Property LLC has completed a new lease with Activision for 46,701 square feet of office space at LNR Warner Center IV, a two-building, 509,923-square-foot Class A office complex located at 21215 and 21255 Burbank Blvd. in Woodland Hills, Calif. Activision is relocating from Encino. Jones Lang LaSalle Los Angeles' Dan Sanchez represented the landlord, LNR, which developed the building in 2008. Activision was represented by Matthew Miller of CRESA. “This deal represents significant positive absorption for Woodland Hills," said Sanchez. Located one block north of the Ventura (101) Freeway, LNR Warner Center IV has large, efficient floor plates and offers the most efficient buildings in the market. It also features unmatched visibility and convenient access to a deep and highly skilled labor pool, numerous dining and entertainment venues and an outstanding array of amenities, both on-site and within the immediate vicinity. More information can be found at www.lnrwarnercenter.com. For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center webpage. Bookmark it here: http://www.us.am.joneslanglasalle.com/UnitedStates/EN-US/Pages/News.aspx.

Contact: David Ebeling, 949-861-8251

10/29/2012 Company News

Cavignac & Associates Named Top Category Winner of NU/AA&B Commercial Agency Awards

Cavignac and Associates

SAN DIEGO, CA -- (October 29, 2012) – Cavignac & Associates (www.cavignac.com), a leading San Diego risk management and insurance brokerage firm, has been named winner of the National Underwriter / American Agent & Broker (NU/AA&B) Commercial Agency Awards in the category of “Excellence in Recruitment, Training & Perpetuation”, announced Melissa Hillebrand, managing editor of American Agent & Broker. The "Commercial Insurance Agency of the Year Award" program was launched by National Underwriter in 2002 to spotlight outstanding agencies that serve as role models for their peers. Independent agencies entered the award program by completing an extensive application and providing an essay describing their unique approaches and success stories.

Contact: Bonnie Kutch, 619-299-1010

10/26/2012 Company News

Canadian commercial real estate investment volumes on verge of exceeding pre-credit crisis levels, while investors’ lingering indecision stymies U.S. recovery

Avison Young

Toronto, ON — The gap between Canadian and U.S. property market fundamentals is not only evident on the leasing side of the ledger, but also on the investment side. Historically low interest rates have Canada on the verge of exceeding pre-credit crisis investment levels, while cautious lenders and investors leave the U.S. with some distance still to cover. These are some of the key trends noted in Avison Young’s inaugural Fall 2012 Canada, U.S. Commercial Real Estate Investment Review, released today. The report covers commercial real estate investment conditions in 18 regions: Calgary, Edmonton, Montreal, Ottawa, Toronto, Vancouver, Atlanta, Boston, Chicago, Dallas, Houston, Las Vegas, Los Angeles, New York, Pittsburgh, Reno, San Francisco and Washington, DC.

Contact: Sherry Quan, 604-647-5098

10/24/2012 Company News

GHP OFFICE REALTY ANNOUNCES 6 LEASES AND 24,000 SQUARE FEET OF POSITIVE ABSORPTION AT 170 HAMILTON AVENUE IN DOWNTOWN WHITE PLAINS

GHP Office Realty(Houlihan Parnes)

White Plains, New York. October 2012: GHP Office Realty, LLC, a substantial owner and manager of office properties in Westchester County is pleased to announce the signing of six leases totaling 24,000 square feet at 170 Hamilton Avenue in Downtown White Plains. The absorption of space brings the building to 86% occupied; the deals have an aggregate value in excess of $4,000,000. Jamie Schwartz, Executive Vice President of GHP Office Realty represented the Owner on the following deals: The Digital Arts Experience, a family owned company, just opened its first 8,000 square foot state-of-the art digital computer and recording learning center in the street level retail space at the building. DAE provides non-traditional enrichment programs that focus on personal technology and digital media arts. DAE was represented by Bruce Wenig of Rakow Commercial Real Estate. GHP Office Realty is the office building division of Houlihan-Parnes Realtors which is presently one of the New York area’s leading owners, operators and purchasers of suburban New York commercial space. GHP Office Realty has acquired, financed, redeveloped, leased and managed more than 6,000,000 square feet. Regionally, the partners presently own and manage buildings in Westchester and Rockland Counties, New York, in Fairfield County, Connecticut, in Bergen County and Princeton, New Jersey, and in Fort Worth Texas. Privately funded and well-capitalized, GHP Office Realty is stable, strong and poised to grow.

Contact: Jamie Schwartz , 914-642-9300

10/24/2012 Company News

GHP OFFICE REALTY SELLS CELLULAR TOWER IN SCARSDALE, NY FOR $1,850,000

Houlihan Parnes/GHP Office Realty

White Plains, New York. July 2012: GHP Office Realty’s Investment Sales Division, lead by Andrew Greenspan and Jamie Schwartz is pleased to announce that it has sold a 100 foot monopole cell tower, containing leases with cellular carriers such as Verizon, AT&T, Sprint and others, to AP Wireless Infrastructure Partners for $1,850,000. The cell tower is located at 313 Central Avenue, Scarsdale, NY. GHP Office Realty is the office building division of Houlihan-Parnes Realtors which is presently one of the New York area’s leading owners, operators and purchasers of suburban New York commercial space. GHP Office Realty has acquired, financed, redeveloped, leased and managed more than 6,000,000 square feet. Regionally, the partners presently own and manage buildings in Westchester and Rockland Counties, New York, in Fairfield County, Connecticut, in Bergen County and Princeton, New Jersey, and in Fort Worth Texas. Privately funded and well-capitalized, GHP Office Realty is stable, strong and poised to grow.

Contact: Jamie Schwartz , 914-642-9300

10/19/2012 Company News

30 Buxton Farms Road Stamford, CT 06905

Houlihan Parnes

Houlihan-Parnes Realtors, LLC and Q10 Realty Advisors, LLC are pleased to announce the placement of a new first mortgage in the amount of $7,400,000 on a property located at 30 Buxton Farms Road. The property is located just off the Merritt Parkway exit on Long Ridge Road. The property is improved with a 60,000 sq. ft. office building with 17 tenants. The loan was placed with a local bank at an interest rate of 4.5% for a term of 10 years on a 30 year amortization schedule. The loan features a renewal option and flexible pre-pay schedule. The loan was arranged by Kelly Houlihan and James J. Houlihan of Houlihan-Parnes Realtors, LLC. The title was arranged by Ray Cohen of Chicago Title Co. The borrower was represented by Elizabeth Smith and Aubrey Riccardi of Goldberg Weprin Finkel Goldstein, LLP, as attorneys.

Contact: James J. Houlihan, 914-694-6070

10/17/2012 Company News

Boston Capital Invests in Two Affordable Multifamily Developments in Virginia

Boston Capital

October 17, 2012 - Boston Capital invested in the rehabilitation of two multifamily apartment communities for seniors in Virginia: Gypsy Hill House Apartments, a 100-unit development in Staunton and Burnt Ordinary Village Apartments, a 22-unit development in Toano. The developments will be rehabilitated with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are affiliated with T.M. Associates, Inc., based in Maryland along with the Telamon Corporation, a non-profit organization based in North Carolina. "Boston Capital's long-term relationship with T.M. Associates has resulted in the preservation and creation of more than 70 affordable multifamily developments in the mid-Atlantic region," said Jeff Goldstein, chief operating officer and director of Real Estate at Boston Capital. "The substantial rehabilitation of both apartment communities will result in enhanced conditions and amenities which will be attractive to low-to-moderate income seniors seeking high-quality affordable housing in the Staunton and Toano areas."

Contact: Allison Marino, 617-624-8678

10/16/2012 Company News

Compass Commercial Releases Q3 2012 Market Survey

Compass Commercial

BEND, OR -- (October 16, 2012) Compass Commercial Real Estate Services announces the release of its third quarter market survey results for 2012. The new issue of Compass Points summarizes the trends in Central Oregon's commercial real estate market and provides an update on transactions and vacancy rates throughout the region. Highlights from the report include continued positive absorption in the office, retail and industrial markets in Bend. The issue's cover story takes a look at entrepreneurship in Central Oregon and the resources available to businesses looking to get a start in Bend. In addition to submarket data, the Q3 2012 issue of Compass Points also features key new listings as well as the announcement of several new hires, Compass Commercial's top ten transactions for the quarter and a nonprofit spotlight featuring Central Oregon Disability Support Network and Adler’s Voice.

Contact: Jennifer Ortado, 541-848-4056

10/16/2012 Company News

Jerry Houlihan Has Arranged New Purchase

Houlihan Parnes

Jerry Houlihan of Houlihan-Parnes Realtors, LLC has arranged the purchase of a non-performing firstmortgage and the simultaneous purchase of the fee simple to a mixed-use property located at 4062-4072 White Plains Road in the Wakefield section of the Bronx, NY. The property is an irregular 9,000 square foot lot improved with a 3-story mixed-use building, containing 2 retail stores and 2 apartments and a 1-story retail strip, containing 3 retail stores and agraveled used car lot. It contains 115 feet of frontage on White Plains Road and80 feet of frontage on East 229th Street. The property will be re-stabilized and managed by Metro Property Group, LLC, subsidiary of Houlihan-Parnes.

Contact: Brittany Mahoney, 914-641-4356

10/12/2012 Company News

Avison Young agrees to acquire Raleigh, NC-based Thomas Linderman Graham Inc., 61 members to join

Avison Young

Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently-owned commercial real estate services company, announced today that it has entered into a definitive agreement to acquire Raleigh, NC-based Thomas Linderman Graham Inc., a full-service commercial real estate services company. The transaction is expected to close in two weeks. The acquisition will further expand Avison Young’s market and business-line coverage in the Southeast U.S. The change in ownership will add 61 employees to Avison Young’s operations (including eight new Principals), and new offices in Raleigh and Chapel Hill, NC. Terms of the acquisition were not disclosed. The two newest American offices will together represent Avison Young’s 19th market (Raleigh-Durham) outside of Canada and an additional step in the firm’s ongoing aggressive growth and expansion strategy.

Contact: Mark Fieder, 416-673-4051

10/10/2012 Company News

Stiles Welcomes National Tenants at Gateway at Sawgrass in Sunrise

Stiles

Sunrise, FL— October 10, 2012—Stiles Realty, a division of Stiles, announced today new tenant leases at the Gateway at Sawgrass in Sunrise, Florida. This brings the 40,000-square foot retail center up to 88 percent leased. Recently opened retail tenants are Mattress Firm, which purchased the existing Mattress Giant space, and Games Workshop. In addition, Trek Bicycle will open in November and Sweet Bake Song cupcake shop will open in October. Gateway at Sawgrass is home to numerous national tenants including Starbucks, AT&T, Chipotle Mexican Grill, OneBurger, Great Florida Bank and Subway. The 3,640-square foot Trek Bicycle offers bicycle rentals, apparel, gear, accessories and repairs for a countless array of bicycle models. The 4,200-square foot Mattress Firm carries a large assortment of quality, brand name bedding products. Mattress Firm currently operates over 1000 locations across 27 states nationwide and has grown to become one of the largest specialty bedding companies in the world. The Gateway at Sawgrass is conveniently located at the northwest corner of I-595 and 137th Avenue in Sunrise, Florida. For leasing information, please contact Stiles Realty at 954.627.9300 or visit www.stiles.com. About Stiles Stiles is a full-service commercial real estate firm with a clear mission: Invest. Build. Manage. Stiles services include leasing, brokerage, property management, construction, architecture, acquisitions and financing. Headquartered in Fort Lauderdale, Stiles also has regional offices in Miami, Fort Myers, Tampa and Orlando, Florida. Stiles is responsible for more than 37 million square feet of office, industrial, retail and mixed-use residential projects throughout the southeastern United States. For more information, please visit http://www.stiles.com or call 954-627-9300. ###

Contact: Adrienne Zalkind, 954-627-9300

10/10/2012 Company News

Avison Young opens new Detroit office, continues aggressive U.S. expansion Leading Canadian commercial real estate firm opens its 18th location outside Canada; James Becker becomes Principal and Managing Director

Avison Young

Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently-owned commercial real estate services company, announced today the opening of a newly-formed office in Detroit, Michigan. The newest American office marks Avison Young’s 18th location outside of Canada and an additional step in the firm’s ongoing aggressive growth and expansion strategy. Over the past three and a half years, Avison Young has grown from 11 to, now, 38 offices in 32 markets and from 300 to more than 1,000 real estate professionals across Canada and the U.S. Effective immediately, James (Jim) Becker joins Avison Young as a Principal and Managing Director of the Detroit office. A 28-year commercial real estate industry veteran, he was most recently International Director and President of the Canadian practice for Jones Lang LaSalle.

Contact: Mark Fieder, 416-673-4051

10/10/2012 Company News

Boston Capital Invests in Affordable Multifamily Development in Lunenburg, MA

Boston Capital

October 10, 2012) - Boston Capital is investing in the construction of Tri-Town Landing, Phase II, a 33-unit multifamily development for families in Lunenburg, MA. Tri-Town Landing will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The developer is Great Bridge Properties, LLC, based in Manchester, New Hampshire. Located 40 miles west of Boston, Tri-Town Landing will feature six one-bedroom, 24 two-bedroom and three three-bedroom units located in a three-story building. Unit amenities will include balconies and EnergyStar ranges, refrigerators and dishwashers. Development amenities will include common laundry on each floor, elevator access, a community room with a kitchenette, a fitness center and a playground. The property is located near transportation routes, shopping, schools, services and employment centers. Units will be available to families earning 60 percent or less of the Area Median Income (AMI).

Contact: Bob Sheehy, 617-624-8900

10/02/2012 Company News

Boston Capital Invests in Affordable Multifamily Development in Baton Rouge, LA

Boston Capital

(October 2, 2012) - Boston Capital is investing in the construction of The Gardens Senior Apartments, a 55-unit multifamily development for seniors in Baton Rouge, LA. The Gardens Senior Apartments will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partner is The Humanities Foundation, Inc., a non-profit organization dedicated to increasing the availability of affordable housing through nonprofit housing development, rental and utility assistance, homelessness prevention, advocacy and education, based in Charleston, South Carolina.The Gardens Senior Apartments will feature 49 one-bedroom and six two-bedroom units in a two-story building. Unit amenities will include central AC, walk-in closets, emergency pull alarms and washers and dryers. Development amenities will include a community room with a kitchenette, business center/computer room, fitness center, gazebo and picnic area. The Humanities Foundation will provide tenants with health services, social, recreational and educational activities, nutritional programs, housekeeping/home chores services and safety and security services. Units will be available to seniors ages 55 and older earning 60 percent or less of the Area Median Income (AMI).

Contact: Allison Marino, 617-624-8900

10/01/2012 Company News

Avison Young expands into Florida, 30 members join from Flagler Real Estate Services

Avison Young

Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently-owned commercial real estate services company, announced today that it has expanded its operations into Florida. Effective immediately, 30 members from South Florida’s leading brokerage and property management firm Flagler Real Estate Services, LLC (FRES) join Avison Young, forming the nucleus for Avison Young’s entry into the Florida commercial real estate markets.

Contact: Mark Fieder, 416-673-4051

10/01/2012 Company News

Philip Chun to Offer MEP Engineering Design Services

Philip Chun North America, Inc.

(Las Vegas, NV) Philip Chun North America, Inc. is pleased to announce the hiring of Joseph "Joe" McCabe, P.E., LEED AP+ in it's Las Vegas office. Mr. McCabe will manage the newly created Mechanical/Electrical/Plumbing Design Engineering Department of the firm, and brings with him over 15 years of both local and national experience in the fields of Mechanical Engineering and Sustainable Design. Mr. McCabe was previously a Senior Project Manager at Carter Burgess, and is currently a member of the SNBO 2012 IECC Code Adoption Committee for Southern Nevada. He brings with him an array of diverse project experience on MEP Engineering & Design projects, and an unmatched experience with energy conservation design that pre-dates the LEED certification program. When asked about why PCNA chose to begin providing MEP Engineering services, Managing Director Michael Gentille said "We felt there was a great deal of overlap between our core fire & life safety code consulting practice and the MEP systems. As such, we believe our clients will have a significantly greater range of service solutions."

Contact: Philip Chun, 702-834-6200

09/20/2012 Company News

Boston Capital Invests in Affordable Multifamily Development in West Roxbury, MA

Boston Capital

(September 20, 2012) - Boston Capital is investing in the construction of Cheriton Heights Apartments, a 70-unit multifamily development for seniors in West Roxbury, MA. Cheriton Heights Apartments will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partner is Boston-based Community Builders, Inc. "High-quality construction and a convenient location will contribute to Cheriton Heights' competitive position in the Boston market," said Jeff Goldstein, chief operating officer and director of Real Estate at Boston Capital. "Seniors will benefit from the apartment community's close proximity to public transportation and community services as well as a pharmacy, grocery store, post office and library." Cheriton Heights Apartments will feature 64 one-bedroom and six two-bedroom units in a six-story building. Development amenities will include a 1,815 square foot community room with a kitchen, a 1,822 square foot library/media room with a kitchen, a beauty salon and a large common area patio space with bench seating. Additionally, residents will have access to a community garden and picnic area at the adjacent Cheriton Grove senior property. Units will be available to seniors ages 62 and older earning 60 percent or less of the Area Median Income (AMI).

Contact: Allison Marino, 617-624-8900

09/13/2012 Deal

GPE Closes Deal on 13,450 SF Medical Office Building in Mesa

GPE Companies

September 13, 2012 (Phoenix, Arizona) - GPE Commercial Advisors, an award-winning commercial real estate firm, secured the sale of a 13,450 square foot, single-story garden medical office building, located at 2000 East Southern Avenue in Mesa. 2000 Place Medical Plaza sold for $1,950,000. 2000 Place Medical Plaza is a 100% leased multi-tenant medical building consisting of five medical tenants, one of which is a surgery center. The building is in close proximity to two successful hospitals and offers great freeway access. Executive Vice President, Kathleen M. Morgan, CCIM, Executive Vice President, Julie A. Johnson, CCIM, and Senior Vice President, Trisha A. Talbot, CCIM, of GPE Commercial Advisors represented the seller, RJ 2000 Southern Avenue Investors, LLC.. Scott Fey of Omni-America, LLC represented the buyer, Garnett Capital (Arizona) Corporation. About GPE: Founded in 1973, GPE Commercial Advisors and GPE Management Services are the premier providers of award-winning, commercial real estate sales, leasing, property management and consulting solutions for business, office, medical, dental, retail and industrial properties in the Greater Phoenix Metropolitan area. 2012 Ranking Arizona ranks GPE Commercial Advisors as the Valley’s #1 commercial real estate company and GPE Management Services among the top ten property management companies. GPE has also been named a Top Leasing Firm by CoStar Power Broker Awards, and one of the Valley’s “Best Places to Work” by Phoenix Business Journal. Learn more about us at www.GPE1.com or visit us on Facebook, Twitter and LinkedIn. Shortcuts to each social channel are: gpe1.com/facebook, gpe1.com/twitter, gpe1.com/linkedin.

Contact: Brooke Askew-Rossi, 480-423-7910

09/12/2012 Company News

Cavignac & Associates Selected by IIABA as “Best Practices” Agency

Cavignac & Associates

SAN DIEGO, CA (September 12, 2012) – For the sixth consecutive year, San Diego-based risk management and insurance brokerage firm Cavignac & Associates (www.cavignac.com) has been selected by the Independent Insurance Agents & Brokers of America (IIABA) as part of its elite “Best Practices” study group, comprised of independent insurance agencies across the United States. Every year since 1993, the IIABA has teamed with Reagan Consulting, an Atlanta-based management-consulting firm, to evaluate the business practices of the country’s leading insurance brokerage agencies falling within six revenue categories. The agencies comprising the study groups are selected through a comprehensive nomination and qualifying process before being awarded the IIABA “Best Practices” agency designation. The designated “Best Practices” agencies retain their status during a three-year cycle by submitting extensive financial and operational data for review each year.

Contact: Scott Bedingfield, 619-234-6848

09/11/2012 Deal

Grandbridge Finances $6.85 Million Alabama Office

Grandbridge Real Estate Capital

MOBILE, ALA. — Grandbridge Real Estate Capital recently closed a $6,850,000 first mortgage loan secured by the BB&T Office Centre, a 70,819 square foot multi-tenant office building in Mobile, Ala. The acquisition was originated by Mobile-based Senior Vice President Richard Brinson. Funding for the fixed rate loan was provided by Sun Life of Canada. The 10-year permanent loan features a 25-year amortization and closed with an interest rate of 4.1 percent. Built in 1996, the four-story property is one of the largest and most noticeable office buildings in Mobile’s Midtown Commercial District. Conveniently located with visibility and access to nearby 1-65, the building houses several long-term tenants, one of which is BB&T. “Grandbridge’s wide range of capital sources enabled us to find the right loan product that fit the borrower’s specific circumstances and needs,” stated Brinson. About Grandbridge Real Estate Capital LLC Charlotte, N.C.-based Grandbridge, a subsidiary of Branch Banking and Trust Company (BB&T), has a broad investor base that includes insurance companies, CMBS investors, pension fund advisors, commercial banks and capital markets investors, as well as its proprietary lending platform, BB&T Real Estate Funding. The company is a Fannie Mae DUS® lender, a Freddie Mac Program Plus® Seller/Servicer, and an approved FHA MAP and LEAN healthcare lender. Grandbridge arranges permanent commercial and multifamily real estate loans; services loan portfolios; and provides asset and portfolio management, as well as real estate brokerage services. Grandbridge has a current servicing portfolio of more than $26 billion and represents approximately 100 capital providers. More information about the company is available at www.gbrecap.com.

Contact: Patricia Muse, 205-978-1139

09/06/2012 Personnel News

Tom Abbott joins Colliers International Western Region Investment Services Group

Colliers International

Colliers International is pleased to announce that Tom Abbott, formerly of CBRE, has joined Colliers as Senior Vice President of its Western Region Investment Services Group. Abbott will manage institutional client relationships for Colliers to originate and execute assignments in collaboration with Colliers team members throughout the western region.

Contact: Alison Hudders, 206-223-1265

09/05/2012 Deal

Camp Pendleton Hospital Project $270 Million Strong

Clark Construction Group, LLC

MARINE CORPS BASE CAMP PENDLETON, Calif. (Sept. 5, 2012) – On September 1, 2010, Navy Facilities Engineering Command Southwest (NAVFAC) awarded a contract with a total value of $451 million to the joint venture design-build team of Clark Construction Group, LLC, and McCarthy Building Companies, Inc., (CMJV) to build the 500,000-square-foot Replacement Naval Hospital at Camp Pendleton that will replace the existing Naval Hospital. Two years later, the CMJV and hospital team is 70 percent into the build, with more than $270 million worth of work in place. The Replacement Naval Hospital project has been made possible through a collaborative effort between the Navy, hospital, and all contractor teams to achieve this milestone. The joint venture team was chosen from a pool of highly qualified and competitive contractors with extensive healthcare construction experience, and utilizes the talents of HKS Architects Inc. to provide a superb design for this fast-tracked, design-build project. The Replacement Naval Hospital falls under the American Recovery and Reinvestment Act, and represents the largest Recovery Act Project in the Navy, having a base contract value of $394 million and incorporating a planned modification for turnkey medical equipment valued at approximately $55 million. Completion is targeted for early 2014.

Contact: Eric Fulton, 301-272-8437

08/30/2012 Deal

Jones Lang LaSalle Completes 163,734-SF Office Lease with Corinthian Colleges in Santa Ana, California

Jones Lang LaSalle

Jones Lang LaSalle represented Corinthian Colleges, Inc. in a lease renewal for 163,734 square feet of office space in Griffin Towers located at 5 & 6 Hutton Centre Dr. in Santa Ana, Calif.. Corinthian Colleges will continue to occupy the space for its corporate headquarters. Jones Lang LaSalle Orange County team members Ronda Clark, Ryan Hawkins and Joe Bevan represented Corinthian Colleges. The landlord, Lincoln Property Company, was represented in-house by Kevin Hayes, Jr. “After a comprehensive market analysis, Corinthian Colleges decided that remaining in its existing space was the best long-term solution for the company,” said Clark. “Despite improving market conditions and limited supply of large contiguous blocks of space, Jones Lang LaSalle was able to help Corinthian achieve favorable terms including a reduction in rent, early termination and expansion options, a tenant improvement allowance to enhance existing space and parking abatement."

Contact: David Ebeling, 949-861-8351

08/30/2012 Personnel News

Industry Veteran Carl Muhlstein Joins Jones Lang LaSalle as Managing Director

Jones Lang LaSalle

Jones Lang LaSalle today announced the hiring of Carl Muhlstein as a Managing Director in the firm's Los Angeles office. Muhlstein will specialize in advising tenants, landlords and investors in the creative office and entertainment sectors. He is joined by Senior Vice President Hayley Blockley. Muhlstein and Blockley will be based in the firm’s downtown Los Angeles office located at 515 South Flower Street in Los Angeles. “Entertainment and media are the most active commercial real estate sectors in Los Angeles with continued growing demand for services from users and landlords," said Peter Belisle, Southwest Market Director, Jones Lang LaSalle. "Carl is a legend in this field and we are confident that he will provide tremendous value to our clients." "Carl and Hayley provide market leading expertise in a key industry niche that significantly contributes to the growth of our service offering in Los Angeles," said Alan Aufhammer, Managing Director, Jones Lang LaSalle. Muhlstein joins Jones Lang LaSalle with more than 25 years of experience in entertainment and creative office real estate providing multiple services including tenant representation, landlord leasing and sales of a wide variety of properties. Prior to joining, he was a senior broker at a major commercial real estate firm where he was responsible for working with numerous landlords, tenants and investors. In the past five years, he has participated and advised in more than $2 billion of transactions. Muhlstein holds a bachelor's degree from California State University, Northridge. He is also very active in the industry and community activities, serving on boards and in advisory roles for four Mayoral administrations, Urban Land Institute (ULI), American Institute of Architects (AIA) and Los Angeles Commercial Real Estate Association (LACRA).

Contact: David Ebeling, 949-861-8251

08/30/2012

Industry Veteran Phil Friedl Joins Jones Lang LaSalle as Senior Vice President

Jones Lang LaSalle

Jones Lang LaSalle announces the hiring of Phil Friedl as a Senior Vice President, expanding the firm’s Project and Development Services (PDS) capabilities in Los Angeles. In this role, Friedl will oversee project delivery and client relationships in the market. He will also be responsible for leading the Los Angeles team as well handling the procurement and processes of complex developments.

Contact: Margy Sweeney, 312-612-0343

08/28/2012

Liberty Property Trust New Hire Christopher L Warth

Liberty Property Trust

Liberty Property Trust adds to its Philadelphia region with the hiring of Christopher L. Warth as a vice president of development. Warth joins Liberty Property Trust from previous organizations including Binswanger Real Estate, Bank of America, Jones Lang LaSalle, Quadrangle Development and Clark Construction.

Contact: Robbie Tarpley Raffish, 443-944-9301

08/28/2012

Liberty Property Trust Names Megan Creecy-Herman Director of Leasing and Development in the Arizona Region

Liberty Property Trust

Liberty Property Trust today announced that Megan Creecy-Herman has joined the company as director of leasing and development in Arizona. Creecy-Herman will be responsible for marketing the portfolio and working on existing and future development projects throughout the Valley.

Contact: Robbie Tarpley Raffish, 443-944-9301

08/22/2012 Company News

Boston Capital Invests in Three Affordable Multifamily Developments in Oklahoma

Boston Capital

(August 22, 2012) - Boston Capital is investing in the construction of three affordable multifamily developments in Oklahoma: Cedar Hollow, a 29-unit development for families in Harrah; Cottage Park-Shawnee, a 32-unit development for seniors in Shawnee; and Cross Creek Landing, a 44-unit development for seniors in Oklahoma City. The developments will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partner is The Carland Group, LLC, based in Oklahoma City. The construction of these three properties will generate $10.2 million in local income and create approximately 155 jobs in the Harrah, Oklahoma City and Shawnee areas. Boston Capital's investment in Cedar Hollow, Cottage Park-Shawnee and Cross Creek Landing adds 105 units of affordable housing to its apartment portfolio. To date, Boston Capital has invested in nearly 3,950 units of affordable housing in Oklahoma.

Contact: Bob Sheehey, 617-624-8900

08/08/2012 Company News

Cassidy Turley San Diego Selected as Exclusive Marketing, Leasing and Sales Firm for Creekview Medical Park in Vista

Cassidy Turley

Cassidy Turley San Diego, the region's market leader in commercial real estate services, today announced that it has been selected as the exclusive marketing, leasing, and sales firm for Creekview Medical Park in Vista. Mark Avilla, Matty Sundberg and Bob Cowan of Cassidy Turley are the property's leasing and sale specialists. The 12-building medical office campus is located at 1910-1968 Via Centre Drive and totals 63,265 square feet. The property is situated in a strategic North County location with close access to Interstate 5, Tri City Hospital, Camp Pendleton Naval Hospital, Palomar Medical Center West, Palomar Hospital, and Scripps Memorial Hospital. Property features include new construction and modern architecture; a densely landscaped park-like setting with walkways and gathering ideas; direct access to Highway 78 via Emerald Drive, Plaza Drive and College Blvd.; an above standard parking ratio of 5.6 per 1,000; and building and monument signage. The project allows for overnight medical use which is ideal for hospice, rehab centers, sleep therapy and specialty hospitals. It is also the closest new, available, for sale medical office development to Tri City Medical Center. The property offers cold shell space for custom build-out as well as flexible size accommodations from 1,800 to 52,635 square feet.

Contact: Lesley-Joann Kolb, 858-625-5244

08/08/2012 Personnel News

Venable Adds Real Estate Finance Partner Michael Peskowitz to New York Office

Venable LLP

Mr. Peskowitz joins from the New York office of Sidley Austin, where he was a partner.

Mr. Peskowitz’s practice concentrates on commercial real estate finance, representing borrowers and lenders in the full range of debt and equity investment related to the development, ownership and management of real estate projects.

The addition of Mr. Peskowitz and new associate Lauren Scarantino marks the tenth and eleventh attorneys to join Venable’s New York Real Estate Group. Other arrivals this year include Peter Koffler, who joined from Stroock; and a six-person group from Dewey LeBoeuf, whose members include former New York City Parks Commissioner Gordon Davis, along with partners Peter Britell and Suzanne St. Pierre.

Contact: Joshua Spivak, 510-849-1663

08/06/2012 Personnel News

Wells Names Morris Chief Real Estate Officer

Wells Real Estate Funds

Wells Real Estate Funds appointed Patricia Morris as chief real estate officer. Morris supersedes Don Henry who after a decade with the company will step down effective August 21, 2012 Morris has more than a quarter century of commercial real estate experience with a focus on portfolio and investment management, marketing and investment analysis. Since 2008, she has managed the asset management group that runs Wells Core Office Income REIT and other real estate programs. Before moving to Wells nine years ago, Morris was a director and portfolio manager for Prudential Real Estate Investors and an asset manager for The Travelers Realty Investment Co.

Contact: Patricia Morris, 770-243-4478

08/03/2012 Personnel News

Tim Noonan Joins the Fidelity National Title Major Accounts Team

Fidelity National Title

San Diego, CA (August 3, 2012) - It was recently announced by Vincent Andreucetti, Sales Manager of the Fidelity National Title Major Accounts Team in San Diego, that Tim Noonan has joined the company. "We are thrilled to have Tim on our team as he brings his direct knowledge and experience in commercial real estate and truly understands the needs of our clients." In his new position as Vice President, Major Accounts, Tim will be working with brokers, principals, attorneys, lenders and developers with their title and closing transaction needs. His prior experience with another national title company along with his background as a broker for several years with Marcus & Millichap, will assist him in his account management at Fidelity.

Contact: Sherri Nolan, 619-933-1200

08/01/2012 Deal

NAI Realvest Negotiates $6.6 Million Sale of 54 Acre Site to be Developed as Oviedo on the Park Downtown Center

NAI Realvest

NAI Realvest in Maitland recently negotiated the sale of 54 acres off Mitchell Hammock Road and Oviedo Blvd. in Oviedo that is destined for development as a new urban city center. NAI Realvest principal Thomas E. Hankins, CCIM, SIOR, and associate Eric Parrs negotiated the transaction representing the seller, GAHA Oviedo LLC of San Diego. PAC Land Development, a Winter Park firm, paid $6,600,000 to acquire the property, which includes almost all of the land designated in the mixed-use Oviedo on the Park PUD development plan approved by the City of Oviedo and entitled for approximately 1,478 multi-family units, 192,000 square feet of retail facilities and 60,000 square feet of office space. “PAC Land Development is working diligently with the City of Oviedo to modify the entitlements and phasing, so they can break ground on this project soon,” Hankins said. “The City of Oviedo is committed to moving the project forward,” Hankins added. The city is participating in the project with a significant voter-approved contribution to the streetscape and greenscape design and infrastructure, Hankins added. For more information, contact: Thomas Hankins, CCIM, SIOR Principal NAI Realvest, 407-875-9989 thankins@realvest.com Patrick Mahoney, President, NAI Realvest, 407-875-9989, pmahoney@realvest.com;

Contact: Beth Kowalski, 407-875-9989

07/30/2012 Company News

Jones Lang LaSalle Increases Prominence in Orange County with 360 Commercial Partners Merger

Jones Lang LaSalle

Jones Lang LaSalle (NYSE: JLL) today announced that it has merged operations with 360 Commercial Partners, one of Orange County, California’s leading real estate services firms. The combined firm will have a commanding presence in Orange County, with greatly enhanced strength and depth of service that will enable the firm to more fully deliver strategic, integrated services and solutions for real estate owners, occupiers and investors. The merger will deepen mutual strengths and bolster overall service delivery capabilities by: • Bringing clients significant depth and scale through a range of services, including strong industrial sales and leasing expertise and market-leading mid- and low-rise office building sales capabilities. • Enhancing Jones Lang LaSalle’s already strong tenant representation practice as well as robust landlord leasing and project management capabilities in Orange County. 360 Commercial Partners’ clients will benefit from Jones Lang LaSalle’s integrated global services platform including its deep resources, cutting-edge tools and broad-reaching connections. Jones Lang LaSalle will gain access to a highly regarded team of professionals with deep local knowledge and penetration, a stellar reputation and extensive client relationships throughout Orange County, the Mid-County Los Angeles area and the Southern California region. 360 Commercial Partners’ 12 employees will join Jones Lang LaSalle’s nearly 850-strong team across Southern California, bringing the total number of employees based in Orange County to 142. Jeff Ingham will lead the office and research and development practice and Louis Tomaselli will lead the firm’s Orange County industrial practice.

Contact: David Ebeling, 949-861-8251

07/27/2012 Company News

New Business Park Planned For Concord, NC

Beacon Partners

Concord, NC, July 27,2012- Beacon Partners, one of the area's leading commercial real estate development firms, recently added 68 acres to an existing 54 acre parcel just northeast of the Concord Regional Airport at the corner of Poplar Tent Road and Derita Road. The land assemblage sits one mile east of Interstate 85's Exit 52. The property is being master-planned for a 1.5 million square foot logistics and manufacturing development called RiverOaks Corporate Center. Situated north of Charlotte in the center of the Carolinas, the park's outstanding access to Interstate 85 connects it to all major metropolitans, seaports and airports throughout the Southeast and along the Eastern Seaboard. RiverOaks will benefit from extensive upgrades to Interstate 85 and Poplar Tent Road as well as the completion of Interstate 485. All three North Carolina Department of Transportation (NCDOT) projects are proceeding under "design-build" contracts and will be completed from late 2013 to early 2014. Those major infrastructure improvements will create unparalleled access to RiverOaks via an eight-lane "superstreet" that will extend one mile from Exit 52 to the park's entrance. The site has flexibility to accommodate 50,000 to 1.5 million square foot customers.

Contact: Peter Lash, 704-926-1393

07/27/2012 Deal

GPE Companies Summary of Sales Real Estate Transactions for June 2012

GPE Companies

Gilbert, AZ - MD 1620 W Sunrise, LLC purchased 74,550 SF for $2,725,000 at Sunrise Business Park, 1620 W Sunrise Blvd. Bret Isbell and Russell Fine represented the seller. Phoenix, AZ - Yu Chu Inc. purchased 20,420 SF for $610,000 at 734 West Highland Avenue. Bret Isbell and Russell Fine represented the seller. Gilbert, AZ - William Dillard, LLC purchased 20,418 SF for $1,350,000 at 220 North William Dillard Drive. Bret Isbell and Russell Fine represented the seller.

Contact: Brooke Askew-Rossi, 480-423-7910

07/27/2012 Company News

New Business Park Planned for Concord, NC

Beacon Partners

Concord, NC — Beacon Partners, one of the area’s leading commercial real estate development firms, recently added 68 acres to an existing 54 acre parcel just northeast of the Concord Regional Airport at the corner of Poplar Tent Road and Derita Road. The land assemblage sits one mile east of Interstate 85’s Exit 52. The property is being master-planned for a 1.5 million square foot logistics and manufacturing development called RiverOaks Corporate Center.

Contact: Robin Bookmiller, 704-926-1389

07/20/2012 Company News

Brookfield Office Properties Leases 91,000 Square Feet To Georgetown University at 650 Massachusetts Avenue In Downtown DC

Brookfield Office Properties

WASHINGTON, DC.,July 20, 2012 - Brookfield Office Properties Inc. (NYSE,TSX:BPO)today announced it has leased 91,000 square feet to Georgetown University at 650 Massachusetts Avenue, NW, in Washington,DC's East End neighborhood, which will house Georgetown's School of Continuing Studies and bring more than 1,000 students to the new campus. The Georgetown campus is expected to energize the downtown area with new jobs and economic activity. Located in the burgeoning East End submarket, 650 Massachusetts Avenue, NW, is an eight-story office building containing a four-level parking garage. The building overlooks the historic Mt. Vernon Square and is less than two blocks from the Gallery Place Metro Station, The Verizon Center and the Washington Convention Center. The lease will include space on the first and second floors as well as two lower levels, which have very high ceilings and wide, column-free areas.

Contact: Greg Meyer, 202-467-7700

07/19/2012 Deal

Bridge Attracts Two Tenants to Lyons Cold Storage Facility

Bridge Development Partners

Bridge Development Partners has signed two leases totaling 90,779-square-feet at its recently-acquired 312,000-square-foot cold storage facility at 8424 W. 47th St. in Lyons, Ill. Fulton Market Cold Storage Colo., now known as Hasak Cold Storage, signed a 10-year lease for 75,354-square-feet.

Contact: Melissa Connolly, 630-993-0889

07/11/2012 Company News

Brookfield Office Properties Wins Toby Award At BOMA International for Washington, DC Property

Brookfield Office Properties

NEW YORK,(July 11,2012) -Brookfield Office Properties Inc. (BPO:NYSE,TSX)today announced that it has won the International Outstanding Building of the Year (TOBY)Award at the Building Owners and Managers Association (BOMA) International Conference in Seattle, Wa,, for its 1625 Eye Street, NW, property in Washington, DC. The TOBY Awards recognize quality in office buildings and excellence in property management. The 1625 Eye Street, NW property won in the 250,000 to 499,999 Square Feet category at the international level, the highest obtainable. Brookfield won the Grand TOBY for the property at the local and regional levels last year. This is the first time since 1991 that a Washington, DC property won a TOBY at the international level. In the past five years, Brookfield has received more than 25 TOBY and BOMA awards for its properties and management teams.

Contact: Greg Meyer, 202-467-7700

07/11/2012 Company News

Langley Building wins award

Wesgroup

The Corix Langley Gateway building, designed by Vancouver-based Wesgroup in North Langley at Highway One and 200 Street, has been awarded "Industrial Development of the Year" at the 2012 NAIOP and Business in Vancouver Commercial Real Estate Awards of Excellence. The 80,000 square feet building, which officially opened in March, spans two floors and occupies five acres of land.

Contact: John Conicella, 604-694-8877

07/10/2012 Company News

Boston Capital Invests in Three Affordable Multifamily Developments in North Carolina

Boston Capital

(July 10,2012)-Boston Capital is investing in the construction of three affordable multifamily developments in North Carolina: Admiral Pointe, a 54-unit multifamily development for seniors in High Point; Sunset Place Apartments, a 52-unit multifamily development for families in Asheboro; and Ardsley Commons, a 36-unit multifamily development for seniors in Locust. The developments will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are Sunset Place Manager, LLC, Admiral Pointe Manager, LLC and Wynnefield Development III, LLC, all affiliates of Wynnefield Properties, Inc.

Contact: Allison Marino, 617-624-8900

07/10/2012 Deal

Food Produce Operators Grow in South Florida

CBRE, Inc.

30,000-square-foot lease of Class A space in Deerfield Beach, Fla. One tenant moving out was a produce company which built out the space while the new tenant moving in was also a produce company and took over the space due to the pre-existing build-out.

Contact: Lauren Crawford, 813-273-8482

07/10/2012 Deal

Former Sunwest Management Headquarters Auction

Sperry Van Ness Commercial Advisors, LLC

The 63,000-square-foot office building which was the former Sunwest Management Headquarters in Salem, Ore. sold at auction for $2.535 million. Eighteen months prior it had been appraised at more than $7 million. Lindsey Martin with Sperry Van Ness represented the buyer.

Contact: Lindsey Martin, 503-588-0400

07/09/2012 Company News

Cavignac & Associates Named One of San Diego's "Best Places to Work"

Cavignac & Associates

SAN DIEGO,CA--(July 9, 2012)--Cavignac & Associates, a leading San Diego risk management and insurance brokerage firm, has been named among the "2012 Best Places to Work in San Diego", announced Jeffrey W. Cavignac, President and Principal of the firm. The San Diego Business Journal, in conjunction with Best Companies Group, hosts the annual competition. The countywide survey and awards program is designed to identify, recognize and honor the best places of employment in San Diego that benefit the region's economy, workforce and businesses. This year's list is comprised of 85 companies and their rankings will be unveiled at an awards ceremony to be held August 16th from 4:00 to 7:00pm at the Hilton La Jolla Torrey Pines. This is the second time that Cavignac & Associates has entered and been named among the "Best Places to Work in San Diego".

Contact: Scott Bedingfield, 619-234-6848

07/06/2012 Deal

Cushman & Wakefield Arranges 87,000-Square-Foot Office Lease With Eisneramper

Cushman & Wakefield

Commercial real estate services firm Cushman & Wakefield, Inc. has arranged an 87,000-square-foot lease with EisnerAmper at MetroTop Plaza II, a newly constructed 255,000-square-foot class A office building in Woodbridge, N.J.

Contact: Evelyn Weiss, 201-796-7788

07/05/2012 Deal

Brookfield Office Properties Acquires 799 9th St., NW in Washington, D.C.

Brookfield Office Properties

Brookfield Office Properties Inc. (BPO:NYSE TSX) announced that it has acquired 799 9th St., NW in Washington, D.C. for $106 million or approximately $522 per rentable square foot. The acquisition is funded through new property-level financing of $71.5 million and the balance from available cash resources.

Contact: Melissa Coley, 212-417-7215

07/05/2012 Deal

Richards Barry Joyce & Partners Represents Dana-Farber Cancer Institute

Richards Barry Joyce & Partners

Richards Barry Joyce & Partners represented Dana-Farber Cancer Institute in its new 154,100-square-foot lease at Longwood Center, Boston, Mass. The leasing agreement places Dana-Farber as the anchor tenant of the proposed 11-story building.

Contact: Dan Foley, 508-272-0017

07/03/2012 Deal

KDC Leases Additional 123,716-Square-Feet of Office Space to Leading Oil and Gas Company

KDC

KDC has leased an additional 123,716-square-feet of office space to Denbury Resources Inc. for its corporate headquarters at The Campus at Legacy in Plano, Texas. In addition, Denbury extended the term of its current lease, bringing the total space that the company will occupy to 500,000-square-feet, making it the largest DFW office lease this year.

Contact: Maggie Turner, 214-373-1601

07/03/2012 Deal

Baywater Capital Partners Hires Richards Barry Joyce & Partners as Exclusive Leasing Agent for 10 and 20 Dan Road, Canton, Mass.

Richards Barry Joyce & Partners

Richards Barry Joyce & Partners has been retained by Baywater Capital Partners LTD LLC as the exclusive leasing agent for 10 and 20 Dan Road in Canton, Mass. Built in 2001, the two flex buildings rank among the most modern in the market. The two-building portfolio is part of the Canton Commerce Park.

Contact: Dan Foley, 508-272-0017

07/03/2012 Deal

Lee & Associates Assists in $1 Million Sale

Lee & Associates Inland Empire North

Lee & Associates, one of the largest commercial real estate brokerage firms in the country, is proud to have recently assisted in a closed deal located at 12212 Industrial Blvd., Victorville, Calif. The property spent approximately 1 month on the market.

Contact: Donald Brown, 760-241-5211

07/03/2012 Deal

Prism Joint Venture Acquires 180,000-Square-Foot Bergen County Industrial Building

Prism Capital Partners

Prism Capital Partners LLC and The Davis Companies have teamed up to acquire 41 Slater Drive, a 180,000-square-foot industrial building in Elmwood Park, from an affiliate of paper products manufacturer Marcal, announced Prism Principals Eugene Diaz and Edwin Cohen.

Contact: Evelyn Weiss-Francisco, 201-796-7788

06/26/2012 Company News

Coca-Cola in South Brunswick Achieves LEED Silver

Forsgate Industrial Partners

Forsgate Industrial Partners 226,000-square-foot distribution center for Coca-Cola Refreshments in South Brunswick, NJ has achieved LEED Silver certification through the U.S. Green Building Council's (USGBC)Leadership in Energy and Environmental Design program. Designed by KSS Architects, of Princeton and Philadelphia, the distribution center sets a new standard for the sustainable design of industrial buildings and serves as a model for this building type throughout New Jersey and the region. Forsgate Industrial Partners' distribution facility for Coca-Cola Refreshments features a fully day-lit interior and a rooftop photovoltaic array to produce 1 megawatt of energy. The combination of perimeter clerestory windows and daylighting tubes with daylighting sensors virtually eliminates the need for artificial lighting during daytime building operations. It uses 20 percent less energy than a similar warehouse facility and water efficient plumbing fixtures have reduced water usage by 35 percent of U.S. Environmental Protection Agency (EPA) standards. A white roof mitigates heat island effect, while interior finishes include both renewable and regionally manufactured materials. In addition, the new facility parallels The Coca-Cola Company's own Live Positively standards for sustainability.

Contact: S. A. Klatskin, 201-393-4300

06/25/2012 Company News

Brookfield Office Properties Acquires 799 9th Street, NW, in Washington, DC

Brookfield Office Properties

NEW YORK, June 25, 2012 – Brookfield Office Properties Inc. (BPO: NYSE, TSX) today announced that it has acquired 799 9th Street, NW in Washington, DC for $106 million or approximately $522 per rentable square foot. Brookfield is funding the acquisition through new property-level financing of $71.5 million and the balance from available cash resources. 799 9th Street, NW is a 10-story, LEED Gold-certified, class A office building located in the East End submarket, adjacent to the City Center project and one block from three Metro lines. Built in 2001, the building holds 203,000 rentable square feet and is currently 96% occupied with all leases expiring in December 2012 and January 2013. The property has 156 parking spaces and several street-level eateries, including OYA Restaurant.

Contact: Mark Radel, 202-467-7703

06/20/2012 Personnel News

Mark Mengelberg Joins Allen Matkins' San Francisco Office as Partner

Allen Matkins Leck Gamble Mallory & Natsis LLP

SAN FRANCISCO..(BUSINESS WIRE)..Allen Matkins Leck Gamble Mallory & Natsis LLP, a preeminent California-based real estate and full service business law firm, welcomes back Mark Mengelberg as a partner in the firm's San Francisco office. He rejoins Allen Matkins' Real Estate Department after six years as a partner at Seyfarth Shaw, with an emphasis on real estate transactions and finance. Mark had worked at Allen Matkins as an associate from 2004 through 2006. His practice includes leasing, acquisitions and dispositions, financing, development and joint venture formation, as well as loan enforcement and loan foreclosures. Mark's realty property acquisitions and dispositions practice includes complex purchase, sale and 1031 exchange transactions. His leasing practice includes the representation of both landlords and tenants in leases of office, industrial and retail space located throughout the United States. His financing experience includes representing borrowers and lenders on the origination of real estate property secured loans and mezzanine loans and loan servicing matters.

Contact: Gary Pike, APR, 415-585-2100

06/19/2012 Company News

Boston Capital Invests in Affordable Multifamily Development in Waynesboro, VA

Boston Capital

June 19, 2012 - Boston Capital invested in the rehabilitation of Parkway Village Apartments, a 126-unit multifamily development for families in Waynesboro, VA. Parkway Village Apartments will be rehabilitated with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are T.M. Associates, Inc., based in Maryland and Telamon Corporation, a non-profit organization based in North Carolina. Located on nearly 12 acres, Parkway Village Apartments is comprised of 25 two-story garden and townhouse-style buildings featuring 28 one-bedroom, 62 two-bedroom, 28 three-bedroom and eight four-bedroom units. Unit amenities will include ceiling fans, central air conditioning, washer/dryer hook-ups in the four-bedroom units and patios and storage closets at all townhouse units. Community amenities will include a common laundry, a community room with a kitchen and new playground equipment. Units will be available to families earning 50 percent or less of the Area Median Income (AMI).

Contact: Bob Sheehy, 617-624-8900

06/18/2012 Company News

Avison Young Opens New Office In Pittsburgh, Pennsylvania

Avison Young

Avison Young opens new office in Pittsburgh, Pennsylvania Leading Canadian commercial real estate firm continues its aggressive expansion in U.S. by opening 15th location outside Canada;George Kingsley becomes Principal and Managing Director, Pittsburgh Toronto, ON – Mark E. Rose, Chair and CEO of Avison Young, Canada’s largest independently-owned commercial real estate services company, announced today the opening of a new office in Pittsburgh, Pennsylvania. The newest American office marks Avison Young’s 15th location outside of Canada and an additional step in the firm’s aggressive growth and expansion strategy. Over the past three years, Avison Young has grown from 11 to, now, 32 offices in 29 markets and from 300 to more than 950 real estate professionals across Canada and the U.S.

Contact: Michael Allen, 604-647-5085

06/12/2012 Company News

New Class-A Office Development Planned for Tempe

Metro Commercial Properties

(Tempe, Arizona) Metro Commercial Properties of Tempe, Arizona, in association with USAA Real Estate Company of San Antonio, Texas, are planning the next phase of high-rise office development in Fountainhead Corporate Park in Tempe, Arizona. Current plans call for a 14-story Class-A high-rise office tower totaling 384,300 square feet, which the developers have named Fountainhead Park Summit. In September 2009, Metro Commercial Properties and USAA Real Estate Company announced the development of two mid-rise office buildings, Fountainhead Office Plaza A&B, within Fountainhead Corporate Park. The 10 and 6-story Class A office buildings are situated along the I-10 Freeway in Tempe, near the ‘Broadway Curve’. Fountainhead Office Plaza A&B was completed in the summer of 2011. The entire 439,070 square foot development is leased to The University of Phoenix on a long-term triple net lease.

Contact: Tony C. Hepner, 602-452-2575

06/06/2012 Company News

Jones Lang LaSalle Expands National Multifamily Investment Sales Team with New Hires in Boston

Jones Lang LaSalle

BOSTON- Jones Lang LaSalle announced the firm has expanded its national multifamily investment sales practice with the addition of two seasoned capital markets experts in Boston. Michael Coyne and Travis D'Amato have joined Jones Lang LaSalle as Senior Vice Presidents responsible for broadening the firm's client service capabilities in the region. Both will partner with Jubeen Vaghefi, head of Jones Lang LaSalle's multifamily capital markets practice and Frank Petz, New England Capital Markets leader. Coyne and D'Amato have spent the last decade completing complex multifamily sales and financing assignments on behalf of local and institutional clients. Their addition is Jones Lang LaSalle's third major Boston Capital Markets hire in the past month following the addition of Frank Petz. Coyne and D'Amato will partner with Petz to help advance the firm's platform throughout New England as part of Jones Lang LaSalle's strategic plan to broaden the firm's expertise in this strategic market.

Contact: Frank Petz, 617-523-8000

05/15/2013 Deal

GPE Announces Recent Sales Transactions

GPE Companies

Glendale, AZ – Parker Property Management, LLC purchased 7,448 SF for $640,000 at 17431 N. 71st Drive. Bret Isbell and Russell Fine represented the seller. Scottsdale, AZ - MD 7861 E. Gray Road, LLC purchased 18,492 SF for $1,149,980 at 7861 East Gray Road. Tim Phillips represented the seller. Phoenix, AZ - Lee Engineering, LLC purchased a 4,386 SF suite at Whitton Place Condominiums for $325,000, located at 3610 N 44th Street. Bret Isbell and Russell Fine represented the seller. Tonopah, AZ - Toby Yaltho purchased 437,006 SF of land (parcel # 506-35-023L). Kevin Helland and Nicholas Pelusio represented the seller. Phoenix, AZ - The Law Offices of Brian J. McNamara purchased a 2,772 SF suite at Whitton Place Condominiums for $205,300, located at 3610 N 44th Street. Bret Isbell and Russell Fine represented the seller.

Contact: Brooke Askew-Rossi, 480-423-7910

05/14/2013 Deal

$45,000,000 Mortgage Financing on Five Towns Shopping Center at 253-01 Rockaway Boulevard, Woodmere, N.Y.

Houlihan Parnes Realtors, LLC

Houlihan-Parnes Realtors, LLC and Q10 New York Realty Advisors, LLC are pleased to announce the placement of an investment-grade $45,000,000 first mortgage on the Five Towns Shopping Center located at 253-01 Rockaway Boulevard, Woodmere, N.Y. The interest-only loan is fixed at a 3.425% rate for the full ten year term. The non-recourse financing was done at par with a National Lender. The 500,000 s.f. Center is located in the Five Towns area of Nassau County, just east of JFK International Airport. The Center has 19 tenants that include Lowe’s Home Center, K-Mart, TJMaxx, Conway, The Children’s Place, T-Mobile, and Applebee’s, as well as the new addition of a Walmart Marketplace and Modell’s. The loan was placed by Jim Houlihan, Mike O’Neill, and Bryan Houlihan of Houlihan-Parnes and the Borrower was represented in the transaction by Elizabeth Smith of Goldberg Weprin Finkel Goldstein LLP.

Contact: James J. Houlihan, 914-694-6070

05/09/2013 Personnel News

America’s Net Lease Company Names Patrick Nutt Managing Partner

Calkain Companies

Calkain Companies recently promoted Patrick Nutt to Managing Partner. Nutt will lead the net lease investment firm’s South Florida office. He has a long history with Calkain, where he began as a Research Analyst, and eventually became top advisor in both 2008 and 2011. Patrick has been influential in the formulation of many of Calkain's outreach efforts and procedures on how to maximize value for both investors and owners of net lease real estate. Nutt will be based in Fort Lauderdale, FL and has been instrumental in Calkain’s dominance in the Florida net lease market. Patrick's list of accolades is long and distinguished. He has won many industry top honors including Top 30 under 30 - Real Estate Forum, Top 40 under 40 - Real Estate Forum and CoStar Power Broker. Nutt is an author of countless articles for industry trade publications, sought out speaker for leading conferences, a member of the University of Florida's Bergstrom Center for Real Estate Studies and the International Council of Shopping Centers, and has tremendous respect from his overly loyal clients. Jonathan Hipp, President and CEO, commented "Patrick is the epitome of a professional and is a prime example of the leadership that Calkain instills within the firm." David Sobelman, Executive Vice President, stated "It is an honor to have Patrick as my colleague as he is truly one of the most respected individuals in the net lease investment industry. His exceptional character complements his stellar performance." Calkain Companies is a boutique commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant retail, industrial, hotel and office net leased transactions. While licensed to conduct business in many states, Calkain has multiple office locations throughout the Mid-Atlantic, Southeast, Northeast and Midwest. Additional information about the firm and listings may be found at www.calkain.com.

Contact: Tyler Hickey, 813-282-6000

05/08/2013 Personnel News

America’s Net Lease Company Names Patrick Nutt Managing Partner

Calkain Companies

Calkain Companies recently promoted Patrick Nutt to Managing Partner. Nutt will lead the net lease investment firm’s South Florida office. He has a long history with Calkain, where he began as a Research Analyst, and eventually became top advisor in both 2008 and 2011. Patrick has been influential in the formulation of many of Calkain's outreach efforts and procedures on how to maximize value for both investors and owners of net lease real estate. Nutt will be based in Fort Lauderdale, Fla. and has been instrumental in Calkain’s dominance in the Florida net lease market. Patrick's list of accolades is long and distinguished. He has won many industry top honors including Top 30 under 30 - Real Estate Forum, Top 40 under 40 - Real Estate Forum and CoStar Power Broker. Nutt is an author of countless articles for industry trade publications, sought out speaker for leading conferences, a member of the University of Florida's Bergstrom Center for Real Estate Studies and the International Council of Shopping Centers, and has tremendous respect from his overly loyal clients.

Contact: David Sobelman , 813-282-6000

05/03/2013 Deal

4188 White Plains Road, Bronx, N.Y.Lease Renewal

Houlihan Parnes Realtors, LLC

Metro Property Group and Houlihan Parnes Realtors, LLC announce the signing of a lease renewal with H&R Block in a 12,500 square foot shopping center located at the block front of White Plains Road between East 232nd Street and East 233rd Street. The property is situated on a subway corner and contains 13 neighboring tenants including T-Mobile, McDonald’s & Dunkin Donuts. There is also a 32 space parking lot in the rear of the property as well. Jerry Houlihan of the Metro Property Group and Houlihan Parnes Realtors, LLC represented the landlord.

Contact: James J. Houlihan, 914-694-6070

05/01/2013 Deal

Cushman & Wakefield Sells Distribution Center In Jessup Md. To New York Life/Mosaic Realty Partners

Cushman & Wakefield

Cushman & Wakefield announced today it has sold 7600 Assateague Drive in the Maryland Wholesale Food Center in Jessup, Md. to a joint venture between New York Life, on behalf of institutional investors, and Mosaic Realty Partners. The property encompasses 775,000 square feet on 60 acres. It is located minutes from Interstate 95 in the heart of the Baltimore-Washington Corridor. The property is currently for lease by its new owners. Cushman & Wakefield’s capital markets team of Cris Abramson, Brian Kruger and Nick Signor, in conjunction with the industrial team of Michael Elardo, Jared Ross and Michael Kimmel, coordinated the disposition of 7600 Assateague Drive on behalf of the seller.

Contact: Michael Elardo, Managing Senior Director, Industrial Brokerage, Cushman & Wakefield, 410-685-9812

05/01/2013 Deal

Boston Capital Invests in Affordable Multifamily Community in Boulder, Colo.

Boston Capital

Boston Capital is investing in the construction of Highlands Apartments, a 59-unit development for seniors located in Boulder, Colo. The development will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The developer is Boulder Housing Partners, the Housing Authority for the City of Boulder. The development will be the first senior apartment community built in Boulder in more than 30 years. The construction of Highlands Apartments will generate $5.7 million in local income and create approximately 85 jobs in the Boulder area. Boston Capital's investment in the development adds 59 units of affordable housing to its apartment portfolio. To date, Boston Capital has invested in more than 3,200 units of affordable housing in Colorado.

Contact: Allison E. Marino, 617-624-8678

05/01/2013 Deal

CUSHMAN & WAKEFIELD SELLS DISTRIBUTION CENTER IN JESSUP TO NEW YORK LIFE/MOSAIC REALTY PARTNERS

Cushman & Wakefield

Cushman & Wakefield announced today it has sold 7600 Assateague Drive in the Maryland Wholesale Food Center in Jessup, MD to a joint venture between New York Life, on behalf of institutional investors, and Mosaic Realty Partners. The property encompasses 775,000 square feet on 60 acres. It is located minutes from Interstate 95 in the heart of the Baltimore-Washington Corridor. The property is currently for lease by its new owners. Cushman & Wakefield’s capital markets team of Cris Abramson, Brian Kruger and Nick Signor, in conjunction with the industrial team of Michael Elardo, Jared Ross and Michael Kimmel, coordinated the disposition of 7600 Assateague Drive on behalf of the seller. Elardo, Ross and Kimmel were retained as the exclusive leasing agents for 7600 Assateague Drive and will coordinate the marketing efforts on behalf of a multi-market Cushman & Wakefield team. Mosaic Realty Partners principals Eron Sodie and Isaac Pretter released the following statement: “We are pleased with the acquisition and the cooperation shown by all parties to complete the transaction. This is a unique asset and leasing opportunity. The partnership is hitting the ground running with planned property upgrades to further capitalize on the strong level of interest in the asset.” The project includes a main building totaling 728,073 square feet with loading on three sides and generous truck courts to 400-feet deep. The building is divisible to 317,000 square feet with separate building and site entrances for two tenants. Additionally, the project includes a vehicle maintenance building, a small cross-dock building and a guard shack with full perimeter fencing.

Contact: Bryna Connelly, 410-685-9242

04/30/2013 Deal

Brookfield Office Properties Renews 546,000-Square-Foot Lease At 601 & 701 South 12TH Street In Arlington, Va. Va.

Brookfield Office Properties

Brookfield Office Properties Inc. announced today that it will lease 545,747 square feet to the Transportation Security Administration (TSA) at 601 & 701 South 12th St. in Arlington, Va. This five-year renewal extends the lease to 2018. It is the largest lease in Brookfield’s Washington, D.C. portfolio. TSA is the only office tenant in these buildings, which remain 100% leased. “We are pleased that the TSA has chosen to extend its lease at 601 & 701 South 12th St. and are proud to provide a well-located, efficient environment that supports their important mission,” said Greg Meyer, Senior Vice President, Greater D.C. Region, at Brookfield. “TSA’s renewal is a direct reflection of the collective efforts of Brookfield’s D.C. regional team and our ongoing commitment to operational excellence.”

Contact: Melissa Coley, V.P. Investor Relations and Communications, 212-417-7215

04/26/2013 Deal

Property Acquisition Monticello New York

Houlihan-Parnes Realtors, LLC

Ed Graf of Houlihan-Parnes Realtors, LLC has arranged for the acquisition of a 176 unit, multi-family property, located at 76 Shaker Heights Drive, Monticello, N.Y. The 9-building garden-style apartment complex was built in 1970. The property had been owned by a commercial savings bank. Graf of Houlihan-Parnes, spent 1 ½ years negotiating the purchase. New ownership has an extensive capital investment program planned for the newly minted Monticello Meadows. The transaction was handled by Steve Tierney of Woods, Oviatt, Gilman LPP.

Contact: James J. Houlihan, 914-694-6070

04/25/2013 Personnel News

Lend Lease Washington, DC Promotions and New Accreditations Announcement

Lend Lease (US) Construction Inc.

Lend Lease, one of the nation’s leaders in project management and construction, is pleased to announce the promotions of Jeff Renner, Dave Kircheim, and Samantha Lauring, along with four new LEED Accredited Professionals. Jeff Renner has been promoted to Vice President. He provides over 31 years of industry experience, the past 12 years have been with Lend Lease. Mr. Renner is responsible for managing the preconstruction endeavors and oversight to the MEP process during the construction phase. In addition Dave Kircheim has been promoted to Assistant Project Manager and Samantha Lauring to Assistant Superintendent. Both have been working on Lend Lease’s Patriots Park project. “Our Washington office team members continue to excel in so many ways and these individuals deserve some important recognition. I wish them all hearty Congratulations, they all deserve it”, said Steve Conley, Principle-In-Charge, Washington, DC Office of Lend Lease. Joe Belcher, Taylor Norville, Mike Kelly, and Ben Wilson have all passed the LEED Green Associate exam. Joe, Taylor, Ben, and Mike Fitzgerald have also achieved the accreditation of LEED Accredited Professional BD+C. Sustainability has been an integral part of our culture for more than 50 years. Lend Lease is committed to creating sustainable communities that positively influence the way people live, taking a holistic approach that addresses social, economic, and environmental concerns together. To date Lend Lease in the Americas region has managed over $13 billion of construction on green building projects, has completed construction on over 46 million square feet of LEED projects, and has over 276 LEED accredited professionals across the region.

Contact: Shoshi Stutts, 301-354-3176

04/22/2013 Personnel News

Matt Rhoad Receives Triangle Business Journal’s 2013 40 Under 40 Leadership Award

Smith Anderson

RALEIGH, N.C. – The Triangle Business Journal named Smith Anderson partner Matt Rhoad a recipient of its 2013 40 Under 40 Leadership Award. This award recognizes outstanding professionals under the age of 40 for their contributions to their organizations and to the community. Matt has emerged as a leader in his profession and the community. He joined smith Anderson in 2002 after completing a two-year clerkship with Justice (now Chief Justice) Sarah Parker of the North Carolina Supreme Court. He earned that position after graduating from the University of North Carolina School of Law, where he was elected to the Order of the Coif. In 2010, Matt was named a partner at Smith Anderson. Matt’s practice focuses on land use and zoning; real estate development; commercial real estate transactions; public utility real estate issues, including right-of-way acquisitions and condemnation/eminent domain; easement negotiation and drafting; negotiating and litigating boundary and encroachment disputes; and title disputes. He is the co-author of several publications relating to his areas of practice and has presented at numerous seminars. Matt is deeply involved with professional organizations, including the National Association of Industrial and Office Properties. Matt has donated many hours of pro bono work to numerous causes, including Call 4ALL, a program that provides legal assistance to people in need. He also supports the National Multiple Sclerosis Society, a tribute to his father who suffers from MS; the Leukemia & Lymphoma Society; UNC Children’s Hospital; March of Dimes; Muscular Dystrophy Association; area Boys & Girls Clubs; and many others. Matt also frequently volunteers at his children’s’ school. Six judges from Triangle Business Journal and the local business community pored over more than 300 qualified nominations to come up with the final list of 40 winners in the 2013 40 Under 40 Leadership Award class. For more information on the award, please visit the publication’s website.

Contact: Lauren Mintz, 919-838-2094

04/03/2013 Deal

Purchase of "Skyline Plaza" Hawthorne, N.Y.

Houlihan-Parnes Realtors, LLC

Houlihan-Parnes Realtors, LLC., represented by Craig Weitz & Jerry Houlihan, is pleased to announce the purchase of the “Skyline Plaza” office building, located at 37 and 37A Saw Mill River Road (Route 9A), Hawthorne, N.Y. The property is improved with 20,575 square feet three-story office building built in 1984 and an attached two-story 2,608 square feet office structure. The buildings currently have 12 tenant spaces and the one-acre parcel has 86 parking spaces on-site. Weitz and Houlihan negotiated the purchase of the property from a local Bank who also provided financing with a 5-year mortgage. Edward Friedman, Esq. of Novick-Edelstein handled the sale for the purchaser. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide

Contact: James J. Houlihan , 914-694-6070

03/25/2013 Deal

GPE Announces 12 Commercial Transactions

GPE Companies

Prescott Valley, AZ - Green Arrow Partners, LLC purchased 28,440 SF for $655,000 at 9551 East Lorna Lane. Bret Isbell and Russell Fine represented the seller. Mesa, AZ - L&T Freeman Rosemont, LLC purchased 19,200 SF for $850,000 at 1909 North Rosemont Drive for private label snacks and confections production. Bret Isbell and Russell Fine represented the seller. Sun City West, AZ - CEC Properties, LLC purchased 1,348 SF at Camino Medical, 13629 West Camino Del Sol. Nicholas A. Pelusio represented the seller.

Contact: Brooke Askew-Rossi, 480-423-7910

03/25/2013 Deal

98-Unit Self-Storage Facility Sold to Private Investor

Compass Commercial Real Estate Services

Compass Commercial Real Estate Services represented the sale of a 98-unit self-storage facility located at 345 SE Cleveland Avenue in Bend, OR. Erich Schultz, SIOR, Darren Powderly, CCIM and Jay Lyons, CCIM represented VSV, LLC in the sale of A+ Storage —a facility that was built in 2004. “This was a unique transaction as the sellers came to own the property through an inheritance,” noted Schultz. “They live out of the area and were hands-off in the operation of the business which led to some gaps in the availability of historical information —information that a buyer would typically require.” Erika Morris with Morris Hayden Property Management represented the buyer, Flying Peacock Family Trust. “Erika, the buyer and the Compass Commercial team worked cooperatively and diligently to fill in the blanks. In the end the buyer was satisfied and the transaction closed in a timely matter,” Lyons added.

Contact: Jennifer Ortado, 541-848-4056

03/18/2013 Personnel News

GPE Commercial Advisors Welcomes Linda Robbins, CCIM

GPE Companies

GPE Commercial Advisors welcomes Linda Robbins, CCIM, Senior Vice President as our newest member of the brokerage team. Linda brings over 30 years of commercial real estate experience throughout the Metro Phoenix area. She specializes in Seller, Buyer and Tenant representation for office, retail, medical and industrial users. Her CCIM designation and extensive background in commercial lease analysis, provides her with the skills to meaningfully analyze, negotiate and remediate on behalf of her clients. Prior to joining GPE, Linda was with R.O.I. Properties where she worked with a number of banks in the disposition of bank owned assets as well as investment sales. Linda also worked with Coldwell Banker Commercial Metro Central and Logan Commercial Advisors. Her past clients include Hyatt, Microsoft and Devita International to name just a few in a variety of industries including staffing, hospitality, medical and legal. We are excited to have Linda join our team.

Contact: Brooke Askew-Rossi, 480-423-7910

03/14/2013 Deal

1775 Grand Concourse - 85,000 SF of space leased

Houlihan-Parnes

HOULIHAN-PARNES & JJ OPERATING announce the leasing of 85,000 square feet at 1775 Grand Concourse, Bronx, New York. BRONX LEBANON HOSPITAL CENTER 38,000 Sq. Ft. - 6th Floor ABBOTT HOUSE 25,000 Sq. Ft. - 7th Floor PIONEER SUPERMARKET 12,676 Sq. Ft. - Street Level CON EDISON 4,500 Sq. Ft. - Street Level PUBLIC HEALTH SOLUTIONS 4,615 SQ. FT. - 7TH FL Over 100,000 square feet of office space available.

Contact: James J. Houlihan, 914-641-4324

03/13/2013 Personnel News

Jase Hamilton Hired as Surety Account Coordinator at Cavignac & Associates

Cavignac & Associates

Cavignac & Associates, a leading San Diego risk management and insurance brokerage firm specializing in the building industry, has hired Jase Hamilton as its newest surety account coordinator, announced Jeffrey W. Cavignac, CPCU, ARM, RPLU, CRIS, MLIS, president and principal of the firm. In his new position, Hamilton acts as the clients’ primary contact at the agency and fulfills their surety bond service needs. Specifically, he is charged with processing new account setups, analyzing and maintaining all financial information, obtaining carrier approvals and communicating conditions of those approvals to clients, assisting with client meeting agendas, updating bid schedules, and preparing lines of credit and specific bond submissions. For the past five years, Hamilton has been polishing his customer service skills as a server and bartender at Anthony’s Fish Grotto in La Mesa. Prior to that, he served two years as a junior estimator with BluFin Electric in El Cajon. For one year, he was a surety underwriter trainee for the Insurance Company of the West in San Diego. A graduate of San Diego State University, Hamilton holds a Bachelor of Arts degree in Economics. He has completed training in Associated Fidelity and Surety Bonding 151 and 152. Born and raised in Juneau, Alaska, Hamilton lives in La Mesa with his wife, Amy. He plays in recreational softball leagues, follows the San Diego Chargers and enjoys playing Texas Hold’em.

Contact: Bonnie Kutch, 619-299-1010

03/12/2013 Deal

Boston Capital Provides Permanent Loan Financing for

Boston Capital

Boston Capital is providing permanent mortgage financing for Revere Run at Park Place, an 80-unit development for families in Gloucester, N.J. Boston Capital Finance (BCF) has approved a fixed-rate forward, 24-month commitment which closed into the Boston Capital Long Term Mortgage Fund. The loan will carry a 15-year term. "Through the Boston Capital Long Term Mortgage Fund, we are pleased to provide permanent loan financing for Revere Run at Park Place," stated Kevin P. Costello, Executive Vice President and Director of Institutional Investing at Boston Capital. "For over 39 years, Boston Capital has developed a reputation for personal service and a record of financing the highest-quality properties in the marketplace." Located on eight acres, Revere Run at Park Place will feature 15 one-bedroom, 41 two-bedroom and 24 three-bedroom units in six three-story, townhouse-style buildings. Units will feature central air conditioning, dishwashers and high-speed internet access. The apartment community will also offer a playground and a community building featuring a community room, exercise area, craft room, computer room and laundry room. Revere Run at Park Place will offer its residents convenient access to shopping, entertainment, recreational, employment and educational opportunities. Located eight miles east of Philadelphia, the apartment community will serve families earning 60 percent or less of the Area Median Income (AMI). Five units will be set aside for homeless youth as well as youth aging out of foster care.

Contact: Allison E. Marino, 671-624-8678

03/12/2013 Company News

GPE Celebrates 40 Years of Growth

GPE Companies

2013 is GPE Companies 40th year of business in Arizona. Since 1973, the company has seen numerous changes in the Valley. In Scottsdale, where the business was started, the population was approximately 60,000 people, Shea Boulevard was considered the beginning of Scottsdale, and Scottsdale Road was nearly deserted by 9 p.m. “To set up our first office, we forced our son, David, out of his room and into sharing a room with his brother,” recalls Ron Genovese, Founder of GPE Companies. The leading industries in the Phoenix Metro area at that time were service-oriented, as was GPE’s initial venture as a building maintenance business called Greater Phoenix Enterprises. With hard work and some luck, Ron and his small team steadily grew their business maintaining retail, office and medical buildings. At the request of a client in 1982, GPE took on the property management of a single office building which opened a significant door for the firm. A need became apparent for better management for medical office buildings, and GPE became the experts in this niche market. “As management and the business grew, it became apparent that it would be advantageous to start our own sales and leasing division. In 1988, the brokerage started with one employee and two agents,” said Genovese. Today, GPE Companies is made up of GPE Commercial Advisors, LLC and GPE Management Services, LLC and now services all aspects of commercial real estate. After gaining experience and working in the firm for over 20 years; David Genovese, (Ron’s son) became president of GPE companies in 2008. Ron Genovese recalls David saying, “‘Now that I am taking your corner office, we are even for when you put me out of my bedroom in 1973.’” The company now has over 40 employees and agents, who play an important role in the Arizona commercial real estate market. To date, GPE has facilitated acquisitions and sales transactions exceeding $2 billion in real estate value.

Contact: Brooke Askew-Rossi, 480-423-7910

03/05/2013 Deal

Boston Capital Provides Equity and Construction Loan Financing for Affordable Houseing Community in Tennessee

Boston Capital

Boston Capital is investing in the construction of Knob Ridge Apartments, a 48-unit multifamily apartment community for families in Seymour, Tennessee. In addition to its equity investment in Knob Ridge Apartments, Boston Capital Finance (BCF) provided a 24-month construction loan which closed into the Boston Capital Intermediate Term Income Fund, a fixed-rate, construction financing fund. "Knob Ridge Apartment's high-quality design and construction, generous amenities package and stellar location within the community will provide residents will an attractive alternative to the housing choices currently available within the marketplace," stated Kevin P. Costello, Executive Vice President and Director of Institutional Investing at Boston Capital. "Boston Capital continues to achieve strong investment results through our specialized finance and investment programs while providing our developer partners the best in equity and debt financing." Located on 18.3 acres, Knob Ridge Apartments will feature four one-bedroom, 26 two-bedroom and 18 three-bedroom units located in 24 two-story, duplex-style buildings. Units will include washer and dryers, central air conditioning, ceiling fans, fully equipped kitchens including dishwashers and patios. Development amenities will include a playground and a community building which will host a community room, kitchen and rental office. Units will be available to families earning 60 percent or less of the Area Median Income (AMI). The construction of this property will generate nearly $5 million in local income and create approximately 75 jobs in the Seymour area. Boston Capital's investment in Knob Ridge Apartments adds 48 units of affordable housing to its apartment portfolio. To date, Boston Capital has invested in nearly 3,300 units of affordable housing in more than 40 communities in Tennessee.

Contact: Allison E. Marino, 617-624-8678

03/05/2013 Company News

$1,350,000 Mortgage Placed

Houlihan-Parnes Realtors, LLC

Jerry Houlihan of Houlihan-Parnes Realtors, LLC is pleased to announce the placement of a $1,350,000 underlying first mortgage on a 7-story cooperative apartment building constructed in 1962, containing two self-service elevators, 99 apartments, many with terraces, gardens and marble lobby. The building is located at 3311 Giles Place, which is northwest corner of Fort Independence Street and Giles Place near the Jerome Park Reservoir in Kingsbridge Heights section of the Bronx. The 10-year, par loan has a fixed interest rate of 3.875% on a 30-year amortization schedule. The loan closed with a local Bank and is prepayable throughout the term on a declining scale. The Borrower was represented in the transaction by Norman Himmelfarb of Himmelfarb & Sher LLP. Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide. Houlihan-Parnes and its affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting. For more information, please contact James J. Houlihan at (914) 694-6070, ext. 324 or by e-mail at: jjh@houlihanparnes.com.

Contact: Brittany Mahoney, 914-694-6070

03/05/2013 Company News

EPA RECOGNIZES TRANSWESTERN WITH 2013 ENERGY STAR® PARTNER OF THE YEAR – SUSTAINED EXCELLENCE AWARD

Transwestern

Transwestern’s Houston headquarters today announced it has been recognized by the Environmental Protection Agency (EPA) with a 2013 ENERGY STAR® Partner of the Year – Sustained Excellence Award for its continued leadership in sustainability practices and reducing overall energy consumption at its managed properties. Transwestern’s accomplishments will be recognized on March 26, along with other industry-leading firms, at an awards ceremony in Washington, D.C. Transwestern, an ENERGY STAR partner since 2002, was previously recognized in 2004 and 2005 as an ENERGY STAR Partner of the Year and in 2006 through 2012 as a Sustained Excellence recipient – the first third-party commercial real estate services provider to achieve both designations. “Transwestern has always had a long-standing commitment to energy conservation and sustainability,” said Larry P. Heard, president and CEO of Transwestern. “We are also dedicated to providing best-in-class service to our clients. By providing sustainability services, we allow our clients to positively impact their bottom line through lower energy consumption and operating expenses. We have been making the business case for sustainability for nearly 15 years, and we will continue to do so.” “Transwestern has worked hard to fully integrate ENERGY STAR practices and standards into its national commercial office portfolio of buildings,” said Al Skodowski, leader of Transwestern’s sustainability services and 2013 board chairman for the U.S. Green Building Council. “While we have all done great work to make this award possible, there is much that can still be done to promote and improve efficiency. Transwestern looks forward to continued collaboration and leadership with the EPA to lead the industry to even greater efficiency in our building stock.”

Contact: Stefanie Lewis, 713-272-1266

03/04/2013 Personnel News

GPE Management Services Welcomes Greg Leverton

GPE Companies

GPE Management Services welcomes Greg Leverton as our newest member of the property management team. As Senior Property Manager, Greg will primarily be in charge of Camelback Tower, a Class A, 10-story building that resides next door to Scottsdale Fashion Square and includes tenants such as Seersucker Restaurant and Alliance Healthcare. Before coming to GPE, Greg owned and managed ACME Builders and Contractors, Inc.. With his experience in commercial construction management and his knowledge of commercial property management he was able to increase sales of this construction company by 300%. Greg has also worked with KNLB/NAI (an NAI affiliate in Baltimore) and Colliers International in the Baltimore/Washington market where as a Senior Asset/Property Manager he managed over one million square feet of office, retail and industrial properties. Some of his assignments included portfolios for Mass Mutual, Aetna Insurance, Sun Life of Canada, G.E. Capital and many others. Greg is involved in many organizations such as NAIOP, IREM, Phoenix Chamber of Commerce, CRENAB, over 25 years with BOMA, and the Special Olympics, just to name a few. GPE is happy to have Greg as part of the property management team.

Contact: Brooke Askew-Rossi, 480-423-7910

03/03/2013 Company News

Tower Companies Announces Master Plan For The Blairs In Silver Spring

The Tower Companies

The Tower Companies announced that The Blairs, a residential complex built in the 1950s and 1960s as a suburban neighborhood, bordering East-West Highway and Colesville Road in Silver Spring, MD, and Eastern Avenue in Washington, DC, will be transformed into a vibrant, mixed-use, transit-oriented integrated and smart-growth community through a new urban concept. The family-owned real estate development company, founded in 1947 by Albert Abramson, presented their vision as an evolution, which will see the transformation of existing surface parking lots into new residences including townhouses and apartment towers as well as approximately 4.11 acres of open urban parks, such as Blair Park, Terrace Park and Postmaster Park, laced throughout the community. The Blairs Master Plan will also include additional dog parks as well as fitness parks, new restaurants, and retail shops anchored by a grocery store, a hotel, office building, and numerous other amenities. Montgomery County approved the current zoning on February 1, 2000, which allows for the proposed additional density that the Master Plan reflects, an additional 1,400 residential units for a maximum of 2,800 units within the community and 450,000 square feet of commercial and office space. As always, Tower will develop these new spaces in an environmental friendly manner, offering a sustainable lifestyle for Montgomery County's growing population. The Blairs community is located on 27 acres across from the Silver Spring Transit Station, which includes the Metro Red Line, the future Purple Line, the MARC commuter rail, and numerous Metro Bus lines. The live work play campus is a mixture of 1,400 existing apartments, a Giant anchored retail center, and The Blairs Office Building, all managed by The Tower Companies. The Tower Companies' Blairs Master Plan team includes Architect Planner, Bing Thom, Principal of Bing Thom Architects (BTA), Alan Ward, Principal of Sasaki Associates and Ed Murn, LEED® AP and Tower's Director of Development.

Contact: Elizabeth Oliver-Farrow, 202-494-1977

02/28/2013 Deal

HOULIHAN-PARNES REALTORS & Q10 REALTY ADVISORS ARRANGE FINANCING FOR 83 EAST AVENUE, NORWALK, CONN

HOULIHAN-PARNES REALTORS

Houlihan-Parnes Realtors, LLC and Q10 Realty Advisors, LLC are pleased to announce the placement of a new first mortgage in the amount of $2,350,000 on a property located at 83 East Avenue, Norwalk, Conn. The building is in an ideal location close to Norwalk Hospital, Metro North Railroad, exit 16 on I-95 and Route 7. The property is undergoing extensive capital improvements including a new lobby, bathrooms, elevators, landscaping, exterior lighting and painting. There are currently suites available ranging from 300-3,000 square feet. The 40,000 square foot office and medical building is home to 18 tenants and is managed and leased by GHP Office Realty. The interest-only loan was placed with a local bank at an interest rate of 4.25% for a term of 2 years with an option to extend. The loan was arranged by Bryan J. Houlihan and James J. Houlihan of Houlihan-Parnes Realtors, LLC. The title was arranged by Ray Cohen of Chicago Title. The borrower was represented by Robert Ocko of Harrington, Ocko & Monk, LLP, as attorney. GHP Office Realty is the office building division of Houlihan-Parnes Realtors, LLC which is presently one of the New York area’s leading owners, operators and purchasers of suburban redeveloped, leased and managed more than 6,000,000 square feet. Regionally, the partners presently own and manage buildings in Westchester and Rockland Counties, N.Y., in Fairfield County, Connecticut, in Bergen County and Princeton, N.J., and in Fort Worth, Texas. Privately funded and well-capitalized, GHP Office Realty is stable, strong, and poised to flourish in the coming years of real estate recovery.

Contact: Andy Greenspan, 914-642-9300

02/27/2013 Company News

CSM Corporation Receives Prestigious

CSM Corporation

CSM Corporation has announced their honor at the inaugural Community Impact Awards, held Thursday, February 21st at the McNamara Alumni Center on the University of Minnesota campus. The awards were established by Minnesota Business magazine to recognize companies and company initiatives that make a positive impact on Minnesota communities. CSM Corporation received the “Workplace Giving Campaign Award,” which celebrates a successful employee giving or volunteer campaign created by a company for a specific nonprofit organization. “This is such an honor for us at CSM Corporation,” said Bill Upshaw. “We’ve partnered with Ronald McDonald House Charities for the past two years, and truly believe that the people of our organization gained more from the relationship than we could possibly have given. There is something about giving back that fills you with joy and appreciation.” Upshaw continued with, “This award belongs to our 2200 employees, who are the heart and soul of our partnership with Ronald McDonald House.” The hard work given by each employee over the past two years has CSM Corporation actively involved with Ronald McDonald House Charities, Upper Midwest Division. Ending 2012 with a donation of $86,975 was a huge accomplishment. In addition to the amount donated, many employees actively donated additional resources, in-kind gifts and personal time. The Ronald McDonald House program provides a “home-away-from-home” for families of seriously ill or injured children, so they can stay close by their hospitalized child at little or no cost. CSM Corporation is one of the largest corporate contributing partners to Ronald McDonald House Charities Upper Midwest.

Contact: CSM Corporation, 612-395-7000

02/26/2013 Company News

Avison Young named one of Canada’s Best Managed Companies for second year in a row

Avison Young

After competing against a wide range of companies nationwide to win the Canada’s Best Managed Companies (Best Managed) award in 2011, Toronto, Ont.-based commercial real estate services firm Avison Young requalified in 2012 to maintain its status as a Best Managed company. The prestigious national award is sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO forums. The announcement was made today by the national sponsors and in a special report in the National Post daily newspaper. Canada’s Best Managed companies, spanning every region across the country and an array of industries, have demonstrated business excellence through a rigorous and independent process that evaluates the calibre of their management abilities and practices. “On behalf of the Board of Directors of Avison Young, our employees, our clients and our partners, we are truly honoured to have been renamed one of Canada’s Best Managed Companies,” comments Avison Young Chair and CEO Mark Rose. “This designation is a testament to the hard work and dedication of our employees, our tremendous growth in recent years, and our differentiated, Principal-led structure. Each Principal has a stake in the success of our firm, which drives a culture of collaboration, co-operation and client focus, across the company. We manage our business without service-line or geographic silos, in order to have a greater positive impact on our clients’ success.”

Contact: Sherry Quan, 604-647-5098

02/25/2013 Personnel News

Top-producing Downtown Los Angeles team joins Avison Young

Avison Young

Chris Cooper, Avison Young Principal and Managing Director of the Southern California region, announced today the hiring of a nationally renowned team of industry-leading professionals to join the company’s recently established office in Downtown Los Angeles. Effective immediately, Ted Simpson, Jacob Bobek and Scott Steuber join Avison Young as Principals. Simpson also becomes Managing Director of the company’s Downtown L.A. office and will focus on overseeing the operations of Avison Young’s presence in the Downtown L.A. area, as well as servicing clients and growing the firm’s Los Angeles business. Also joining the Downtown L.A. office are Michael Ma as a Vice-President, Scott Donaghe and Jeff Vertun as Associates, and Edward Resetar as Marketing Coordinator. Simpson and team were most recently with Cushman & Wakefield’s Downtown L.A. office. The hiring of the seven-member team further expands Avison Young’s rapidly growing Southern California corporate-occupier services business.

Contact: Sherry Quan, 604-647-5098

02/25/2013 Deal

HOULIHAN-PARNES REALTORS & Q10 REALTY ADVISORS REFINANCE 170 HAMILTON AVENUE, WHITE PLAINS N.Y.

Houlihan-Parnes Realtors

Houlihan-Parnes Realtors, LLC and Q10 Realty Advisors, LLC are pleased to announce the placement of a new first mortgage in the amount of $6,000,000 on a property located at 170 Hamilton Avenue, White Plains, N.Y. The property is located in the heart of downtown White Plains just steps away from Metro North Railroad station, the White Plains Courthouse and many shops and restaurants. The property is improved with a 60,000 square foot office and retail building with 16 tenants which is managed and leased by GHP Office Realty. The loan was placed with a local bank at an interest rate of 4.25% for a term of 5 years on a 30 year amortization schedule. The loan features a renewal option and flexible pre-pay schedule. The loan was arranged by Bryan J. Houlihan and James J. Houlihan of Houlihan-Parnes Realtors, LLC. The title was arranged by Michael Karger of Madison Abstract. The borrower was represented by Elizabeth Smith of Goldberg Weprin Finkel Goldstein, LLP, as attorneys. GHP Office Realty is the office building division of Houlihan-Parnes Realtors, LLC which is presently one of the New York area’s leading owners, operators and purchasers of suburban redeveloped, leased and managed more than 6,000,000 square feet. Regionally, the partners presently own and manage buildings in Westchester and Rockland Counties, N.Y., in Fairfield County, Conn., in Bergen County and Princeton, N.J., and in Fort Worth, Texas. Privately funded and well-capitalized, GHP Office Realty is stable, strong, and poised to flourish in the coming years of real estate recovery

Contact: Andy Greenspan, 914-642-9300

02/21/2013 Deal

Bronx Borough President Ruben Diaz Unveils $5 Million of Capital Improvements at 1775 Grand Concourse

Houlihan-Parnes REaltors, LLC

Houlihan-Parnes Realtors, LLC and JJ Operating, Inc. recently celebrated a ribbon cutting at 1775 Grand Concourse in The Bronx to unveil a the partnership’s ongoing $5 million capital improvement campaign at the former Verizon building at East 175th Street and Grand Concourse. Bronx Borough President Ruben Diaz hosted the ceremony, along with Marlene Cintron President of the Bronx Overall Economic Development Corporation (BOEDC) and Frank Randazzo, Bronx Empowerment Zone Director of the BOEDC. “It’s a great thing to see people once again investing in the future of the Bronx,” said Bronx Borough President Ruben Diaz. “Houlihan-Parnes and JJ Operating’s beautiful renovation of 1775 Grand Concourse will play a huge role in this neighborhood’s burgeoning renaissance.” Houlihan-Parnes and JJ Operating also announced that approximately 50% of the building is presently leased or in negotiation for office and retail spaces. The recently signed tenants include Bronx Lebanon Hospital Center, which will be occupying the full sixth floor of the building, or 38,000 square feet and the non-profit organization Abbott House, which has signed a lease for 25,000 square feet, to occupy a portion of the 7th floor . Bronx Lebanon and Abbott House will join other tenants that have previously signed leases, including Con Edison, Public Health Solutions, and a Pioneer Supermarket “The ribbon cutting ceremony signified the commitment of a long capital improvement process that included a full renovation of the building’s interiors, as well as the construction of a brand-new, 100+ car indoor parking garage; installation of a new HVAC system; and a new roof,” said James J. Houlihan, principal at Houlihan-Parnes. “We’re thrilled with the response we’ve received and the interest we’ve seen from businesses looking for office space in the Bronx.”

Contact: Brittany Mahoney, 914-641-4356

02/14/2013 Deal

Boston Capital Invests in Two Affordable Multifamily Developments in Danvers, Mass.

Boston Capital

Boston Capital is investing in the construction of two multifamily apartment communities for families in Danvers, Mass.: Conifer Hill Commons, Phase I, a 48-unit development and Conifer Hill Commons, Phase II, a 42-unit development. The developments will be built with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The developer is Kavanagh Advisory Group, LLC, based in Danvers, Mass. "Boston Capital's equity investments in Conifer Hill Commons Phases I and II add two outstanding properties to our portfolio while offering families much-needed, quality affordable housing in the Danvers area," said Jack Manning, president and CEO of Boston Capital. "Attractive amenities and great locations close to community services, retail, schools, and healthcare facilities will contribute favorably to the desirability of these properties." The construction of this property will generate $9.2 million in local income and create approximately 136 jobs in the Danvers area. Boston Capital's investment in Conifer Hill Commons adds 90 units of affordable housing to its apartment portfolio. To date, Boston Capital has invested in more than 4,100 units of affordable housing in Mass.

Contact: Allison E. Marino, 617-624-8678

02/14/2013 Company News

ELKUS MANFREDI-DESIGNED WATERSTONE AT WELLESLEY WINS NAHB GOLD AWARD

Elkus Manfredi Architects

The National Association of Home Builders has named Waterstone at Wellesley, a new senior living community in Wellesley, Mass., its 2013 gold award winner for Excellence in Senior Housing Design. The award was presented at the trade association’s annual national conference recently held in Las Vegas. Designed by Elkus Manfredi Architects, Waterstone is a joint venture of National Development of Newton and EPOCH Senior Living of Waltham. Ted Tye, managing partner of National Development, was on hand to accept the award, which recognizes excellence in innovation, emerging trends, and quality housing building, design, marketing, and lifestyles. Located along the banks of the Charles River in Wellesley, Waterstone has attracted seniors from throughout the region since it opened in May 2012. The Waterstone community includes 134 independent and assisted living rental apartments, a fitness center, a pool, a movie theater, five-star restaurant-style dining, designer kitchens, a riverfront walking trail, and more. In addition to the two residential buildings, the Waterstone campus includes a third building housing retail and medical office space. The design objective of the project was to offer the latest design developments specific to enriching senior living, while also raising the quality of the senior living building type to a new level of non-institutional livability, appeal, and independent architectural character. Tye said the Waterstone team is honored to have received this prestigious recognition: “We took a historic site in a prime riverfront location in Wellesley that had been abandoned for nearly 20 years and turned it into a jewel of the community,” he said. “We incorporated the industrial mill history of this area into the building’s design to create something that blends well with the existing architecture in the community.”

Contact: Tricia O. Soulard, 617-368-3330

02/13/2013 Personnel News

Justin Jameson Joins Cavignac & Associates as Account Administrator

Cavignac & Associates

Cavignac & Associates, a leading San Diego risk management and insurance brokerage firm, has brought aboard Justin Jameson as an account administrator, announced Jeffrey W. Cavignac, CPCU, ARM, RPLU, CRIS, MLIS, president and principal of the firm. Bringing to the agency 10 years of experience in the insurance industry, Jameson will assist certain account managers with daily service activities for each client’s benefit offerings. He will assume full responsibility for services of his assigned customer accounts, including preparation of requests for proposals and quotations for renewal coverage; creation of open enrollment material and coordination of information from carriers; compilation of spreadsheets, presentations and proposals for new and renewal business; preparation of material for open enrollment meetings; and conduct of open enrollment meetings himself for certain assigned clients. Prior to joining Cavignac & Associates, Jameson was employed for two years as an individual and family sales and service administrator for Schulte Insurance in Encinitas, Calif., where he was responsible for all aspects of sales and service for both existing and prospective clients. This position required a thorough knowledge of the health insurance arena to effectively guide individuals and small businesses with their health, dental and life insurance needs.

Contact: Bonnie Kutch, 619-299-1010

02/13/2013 Deal

CommunitySmith and Partners Will Redevelop Vacant Commercial Building in Historic Wilson (NC) as Residential and Retail Space

CommunitySmith

RALEIGH – CommunitySmith, a Raleigh-based commercial real estate firm that specializes in adaptive reuse and public-private partnerships, has purchased a 129-year old, three-story building in the heart of Historic Downtown Wilson. After redevelopment, the circa 1884 brick building at 215 East Nash Street will feature 13 spaces available for lease, 11 of which will be attractive residential loft units ranging from around 500 to 1,000 square feet. The other two first-floor units are being designed for use as “live-work” retail spaces such as coffee shops, yoga studios or galleries that will appeal to the building’s residents as well as to visitors. The nearly 13,000-square-foot brick building at 215 East Nash Street was originally a part of the Hackney Wagon Company’s carriage manufacturing complex and after 1913 served as a retail space for a number of businesses, most recently Western Auto. “Wilson has long been known for arts, antiques and very stately homes. We think the time is right to offer appealing, living spaces for people who want to walk to a nationally recognized downtown arts district and who want an urban living space set in a comfortable community,” said Holton Wilkerson, CommunitySmith managing partner. “We are pleased to be able to work with the City of Wilson, Wilson Downtown Properties and our development partners to make use of federal incentives designated for just this kind of revitalization project.” CommunitySmith and Winston-Salem based Rehab Development purchased the building from Wilson Downtown Properties. The transaction closed Feb. 1; terms were not disclosed. Rehab Builders, Inc. is a design-build construction company specializing in the rehabilitation of buildings eligible for listing on the National Register of Historic Places and will conduct the construction with its affiliated Rehab Engineering managing the engineering. Dunn and Dalton of Kinston are architects for the project, which is expected to be completed by late 2013.

Contact: Holton Wilkerson, 919-815-8365

02/06/2013 Company News

GPE Exceeds $100 Million Revenue for 2012; A Result of "Work Ethic", "Exceptional Client Relations"

GPE Companies

GPE Commercial Advisors, a local industry cornerstone and leading third-party commercial real estate firm have many reasons to celebrate one of their best fiscal years since the economy faltered. Their 2012 results are as follows: •Approximately 400,000 sq feet of leased space •Approaching 1.7 million sq feet in real estate sales •Exceeding $100 million in generated revenue President of GPE, David Genovese said, “I am proud of our team who helped produce these outstanding results through their strong work ethic, business savvy and dedication to exceptional client relations. This is applied to every aspect of what GPE does – from sales and leasing, accounting, consulting, tenant-owner relations, marketing to human resources.”

Contact: Brooke Askew-Rossi, 480-423-7910

02/06/2013 Personnel News

ROBERT GASTON PROMOTED TO EXECUTIVE VICE PRESIDENT, CENTRAL TEXAS

Transwestern

Transwestern Southwest today announced that Robert Gaston has been promoted to Executive Vice President, Central Texas. Gaston’s expanded role is both a recognition of his service to the firm and to facilitate Transwestern’s internal reorganization in which nine regions were consolidated into seven territories. He will have overall responsibility for Central Texas, which includes over 150 team members and a portfolio in excess of 16 million square feet of commercial property. The reorganization also included the promotion of Kevin Roberts to President of the expanded Southwest territory, which includes the Central Texas offices in Austin, San Antonio and Corpus Christi, as well as Houston, Denver, New Orleans and Salt Lake City. In his new role, Gaston will lead development and implementation of the Central Texas’s cities strategic plan for owner and user oriented service lines. He will offer his insightful leadership to Transwestern’s Central Texas offices and will also support and assist Roberts with strategic initiatives for the Southwest territory. Gaston previously served as Senior Vice President and City Leader for the Austin office of Transwestern. During Gaston’s 6 year tenure, the Austin office of Transwestern grew to more than 8 million square feet of third party commercial property management and leasing. In 2008, Gaston received the National Legendary Service Award, one of the highest awards presented by Transwestern, for his outstanding service and dedication to achieving the goals and continued success of Transwestern.

Contact: Karen Judson, 512-314-3560

02/04/2013 Deal

TRANSWESTERN BROKERS SALE OF 100% LEASED SAN ANTONIO OFFICE BUILDING - BROOKHOLLOW PARK

Transwestern

(JANUARY 31, 2013 – SAN ANTONIO) – Transwestern’s San Antonio today office announced it brokered the sale of Brookhollow Park, located at 911 Central Parkway North, on behalf of Grosvenor International. Brookhollow Park is a 102,466-square-foot, Class A, multi-tenant office building located in the North Central submarket of San Antonio. The four-story property was 100 percent leased at the time of sale. “Investors recognize the value in stable Class A office investments,” said Alan Grilliette, managing director. “There has been very little of this quality office product trade in San Antonio. Investors are continuing to chase yield, and we are seeing more buyers searching for higher quality assets.” Brookhollow Park offered investors the opportunity to acquire an asset with solid, stable cash-flow providing above-average returns. Built in 1999, Brookhollow has a low-risk profile due to its established investment-grade credit tenant base, superior accessibility and a location in an up-and-coming submarket with vacancy rates that historically trend below the San Antonio city-wide average. Grilliette, Hale Umstattd and Leah Gallagher of Transwestern represented the seller in the transaction. Within 42 days of listing the property, Brookhollow Park was awarded to the buyer and closed 28 days later.

Contact: Yesenia Garibay-Dominguez, 210-341-1344

02/04/2013 Personnel News

Clarion Partners Promotes Four to Director

Clarion Partners

New York – Clarion Partners, LLC, a leading real estate investment manager, announced today that it has named four of its senior professionals as Directors of the firm. Gary E. Rufrano is a member of the Clarion Partners Acquisition Group, with responsibilities for acquisition and development opportunities in the Northeast, Midwest and Texas. He joined Clarion Partners in 2001. Richard H. Schaupp is a Portfolio Manager, with a focus on value-added and opportunistic investment activities at the firm. He also supports Clarion Partners’ investment activities in Brazil. Schaupp, who leads the firm’s Sustainability program, joined Clarion Partners in 2000. Tim Wang, Ph.D., is head of the Clarion Partners Investment Research Group, responsible for advising on investment strategy utilizing proprietary analytics and econometric forecasting. He oversees the research function at Clarion Partners and is also a member of the firm’s Investment Committee. Wang joined Clarion in 2006. Douglas F. Wolski is the Assistant Portfolio Manager of a $6.8 billion portfolio invested in 147 assets across the United States. He joined the firm in 2006. “We believe strongly in recognizing the contributions of the accomplished professionals at Clarion,” said Stephen J. Furnary, Chairman and CEO of Clarion Partners. “These individuals have consistently demonstrated superior performance, outstanding leadership, and exceptional initiative. We are pleased to welcome them to our senior management team.”

Contact: Kiki Tarkhan, 212-473-4442

02/04/2013 Personnel News

Kahler Slater Promotes Glenn Roby to Principal

Kahler Slater

Kahler Slater, an award-winning architecture and experience design firm, has promoted Glenn Roby to principal. As a principal, Roby is recognized by the firm for taking on a greater leadership role in the organization, including helping develop the firm’s business and operational plans, driving key business goals and serving as a coach and mentor. He continues to serve as team leader, a position he has held since 2011, managing team operations, client relationships and new business development in the firm’s Business Environments practice area. Roby joined Kahler Slater in 2008 as an associate principal and project leader. A thought-leader in the design industry, Roby contributed an article about design as a business imperative to the Forbes.com leadership forum and presented Kahler Slater’s workplace research at the national Great Place to Work® Conference in 2011. He serves on the Board of Directors of the Real Estate Alliance for Charity. He is a member of the American Institute of Architects, the National Association of Industrial & Office Properties, and the Commercial Association of Realtors Wisconsin. Roby and his team are currently working on the new Global Water Center in Milwaukee; the proposed 833 East tower in Milwaukee; the Marriott Milwaukee Hotel; and several multi-family housing projects around the country. Recently completed projects include Eaton Corporation’s offices and lab in Menomonee Falls, Wis.; Baker Tilly’s move to the US Bank Center in Milwaukee; the historic Hilton Garden Inn Milwaukee Downtown; and several projects across the country for Samsung Telecommunications. Founded in 1908, Milwaukee-based Kahler Slater (kahlerslater.com) began as a regional provider of architecture and interior design services and has grown to become a global, award-winning team of Experience Designers. The firm has three offices in the United States and Singapore.

Contact: Jennifer Neighbors, 262-649-3824

01/31/2013 Deal

TRANSWESTERN BROKERS SALE OF 102,466-SQUARE-FOOT, 100 PERCENT LEASED SAN ANTONIO OFFICE BUILDING

Transwestern

Transwestern’s San Antonio today office announced it brokered the sale of Brookhollow Park, located at 911 Central Parkway North, on behalf of Grosvenor International. Brookhollow Park is a 102,466-square-foot, Class A, multi-tenant office building located in the North Central submarket of San Antonio. The four-story property was 100 percent leased at the time of sale. “Investors recognize the value in stable Class A office investments,” said Alan Grilliette, managing director. “There has been very little of this quality office product trade in San Antonio. Investors are continuing to chase yield, and we are seeing more buyers searching for higher quality assets.” Brookhollow Park offered investors the opportunity to acquire an asset with solid, stable cash-flow providing above-average returns. Built in 1999, Brookhollow has a low-risk profile due to its established investment-grade credit tenant base, superior accessibility and a location in an up-and-coming submarket with vacancy rates that historically trend below the San Antonio city-wide average. Grilliette, Hale Umstattd and Leah Gallagher of Transwestern represented the seller in the transaction. Within 42 days of listing the property, Brookhollow Park was awarded to the buyer and closed 28 days later.

Contact: Yesenia Garibay, 210-563-7070

01/30/2013 Personnel News

Sara Taylor Appointed Executive Assistant at Cavignac & Associates

Cavignac & Associates

Sara Taylor has accepted the position as executive assistant for Cavignac & Associates, a leading San Diego risk management and insurance brokerage firm, announced Jeffrey W. Cavignac, CPCU, ARM, RPLU, CRIS, MLIS, president and principal of the firm. In this position, Taylor will provide high-level administrative support to agency executives and be directly responsible for data integration, marketing and public relations projects, social media and website maintenance. Specifically, she will ensure design standardization of agency documents, prepare various collateral and presentation materials, oversee production and distribution of five different client newsletters, manage social media and online blogs, serve as the point-of-contact for the company’s advertising and public relations agency, coordinate internal public relations and fundraising events, and organize new client meetings, education seminars, staff meetings and principal retreats. Earlier career experience includes having served four years as executive assistant for The Irving Group, a commercial real estate broker representing tenants, and two years as an administrative assistant for Kids Korps USA, a nonprofit youth volunteer organization that engages young people, ages 5 through 18, in community service. She was exposed to the risk management and insurance industry early on through her father, who owns his own insurance agency. A graduate of the University of Arizona, Tucson, Taylor holds a Bachelor of Arts degree in journalism. She has completed courses in meeting planning and graphic design.

Contact: Bonnie Kutch, 619-299-1010

01/29/2013 Deal

Boston Capital Invests in Two Affordable Multifamily Developments in West Virginia

Boston Capital

Boston Capital invested in the rehabilitation of two multifamily apartment communities for seniors in West Virginia. Lowe Gardens Apartments, a 24-unit development in Shepherdstown and Tucker Manor Apartments, a 31-unit development in Parsons. The developments will be rehabilitated with tax credit equity from the Low Income Housing Tax Credit (LIHTC) program. The general partners are affiliated with T.M. Associates, Inc., based in Maryland along with the Telamon Corporation, a non-profit organization based in North Carolina. "Boston Capital's long-term relationship with T.M. Associates has resulted in the preservation and creation of 76 affordable multifamily developments in the mid-Atlantic region," said Jeff Goldstein, chief operating officer and director of Real Estate at Boston Capital. "Substantial interior and exterior renovations will add to the desirability of these apartment communities, and generous unit sizes and attractive amenities will present seniors with an attractive alternative to other apartments currently in the market area." Boston Capital's investments in Lowe Gardens Apartments and Tucker Manor Apartments add 55 units of affordable housing to its apartment portfolio. The rehabilitation of these properties will generate $1.6 million in local income and create approximately 20 jobs in the Shepherdstown and Parsons areas. To date, Boston Capital has invested in nearly 2,000 units of affordable housing in West Virginia.

Contact: Allison E. Marino, 617-624-8678

01/29/2013 Deal

BROOKFIELD OFFICE PROPERTIES ANNOUNCES LEASE WITH THE ONE GROUP FOR STK STEAKHOUSE TO OPEN AT 1250 CONNECTICUT AVENUE

Brookfield Office Properties

Brookfield Office Properties Inc. announced today that it will lease 9,000 square feet to New York-based lifestyle hospitality company The ONE Group, who will open STK, its modern steakhouse geared toward females, at 1250 Connecticut Avenue, NW, an eight-story, 210,000-square-foot building one block from Dupont Circle in Washington, DC. STK blends a modern steakhouse with a chic lounge, heralding the tagline, “Not Your Daddy’s Steakhouse.” It is the 8th STK location and the second to open at a Brookfield property. The first opened at The Grace Building in Midtown Manhattan in 2011. STK also has locations in Los Angeles, Atlanta, Miami, Las Vegas and London. STK targets the female audience in décor, vibe and menu, featuring small, medium and large cuts of meat. While steak is the main attraction, STK also offers fresh seafood, salad and healthy sides for sharing. “We are pleased to welcome another STK to a Brookfield property,” said Ed Hogan, Brookfield’s national director of retail leasing. “STK’s glamorous style, combined with its high-quality food offerings, provides a new and welcome amenity to the DuPont Circle area in DC’s downtown central business district.” STK was represented in lease negotiations by Kim Mogull of Mogull Realty. Brookfield was represented in-house by Daniel Purrington, vice president of leasing for the Greater DC region. “As we celebrate our one-year anniversary at our STK in Brookfield’s Grace Building in Manhattan, we’re thrilled to be heading to the nation’s capital within another Brookfield property location,” said Jonathan Segal, CEO of The ONE Group. Brookfield Office Properties owns, develops and manages 31 premier office properties, totaling 7.8 million square feet in the Greater Washington, D.C. area. Properties include Potomac Tower, The Victor Building and 799 9th Street.

Contact: Melissa Coley, 212-417-7215

01/28/2013 Deal

GPE Assisted McShane Development Company with Gilbert, Arizona Land Acquisition

GPE Companies

GPE Commercial Advisors, represented McShane Development Company in acquiring 8.8 Acres of land located at the Northeast corner of South Val Vista Drive and South Market Street in Gilbert, Arizona. The U.S. Department of Veterans Affairs (VA) has selected Illinois-based McShane Development Company for the development of its new 60,000 usable square foot, LEED-Silver Veterans Affairs Outpatient Clinic at this location. Located within the Main Street Commons mixed-use project in Gilbert, the site is situated just one-half mile from the Santan Freeway and is also served by public transportation. Its adjacency to abundant restaurant, retail and entertainment venues situated within Santan Village provides added conveniences to patients and staff. “We are thrilled to assist McShane Development Company with the acquisition of this ideally located parcel, which upon completion of construction, will serve the healthcare needs of our military veterans in a modern, efficient building with numerous nearby amenities” says, Bret Isbell, Senior Vice President at GPE. Julie A. Johnson, CCIM, Executive Vice President, Bret Isbell, Senior Vice President and Russell Fine, Senior Associate of GPE collectively worked with McShane Development Company on this acquisition. NAI Horizon represented the seller, Park Corporation.

Contact: Brooke Askew-Rossi, 480-423-7910

01/25/2013 Personnel News

Manassas GC Poised for Growth in 2013

R.W. Murray Co.

PRINCE WILLIAM COUNTY, Va. – JANUARY 25, 2013 -- R.W. Murray Co., a privately-held general contracting firm located in Manassas, Virginia, is pleased to announce the addition of three new team members: Megan Daly, LEED® AP, Project Manager, is a University of Florida graduate with 5+ years experience in the construction industry. She has managed retail projects and historical building restorations and renovations in the Washington, DC metropolitan area. James Bryant, Superintendent, has 18+ years in the construction industry with extensive retail experience. Prior to joining R.W. Murray Co., James recently completed a 17-store market expansion project in the DC Metro area for a major national retailer. David Magiera, Superintendent, has more than 20+ years of construction experience, completing corporate and retail projects and educational facilities in the DC Metro area. Prior to his commercial construction career, David served with the US Army. He received numerous honorary medals and is a proud Desert Storm veteran. “We are excited to welcome our newest team members to the R.W. Murray Co. family. These individuals bring depth and experience to the company making them valuable assets to our growing team” stated Steve Daves, president of R.W. Murray Co.

Contact: Laurie Collister, 703-334-2124

01/23/2013 Deal

GPE Announces Recent Sales

GPE Companies

Scottsdale, AZ - Southwest Jet Center, LLC purchased 98,821 SF for $9,600,000 at Southwest Jet Corporate Center, 14988 & 15010 North 78th Way. Tim Phillips represented the seller. Phoenix, AZ - Phoenix United Properties, LLP purchased 15,150 SF for $430,000 at 1502 West Broadway Road. Bret Isbell and Russell Fine represented the seller. Tempe, AZ - DA FA Realty & Lending LLC purchased 4,652 SF for $361,500 at 1858 East Southern Avenue. Nicholas A. Pelusio and Kevin Helland, MBA, represented the seller. Phoenix, AZ - The Harty Family Living Trust purchased 1,578 SF for $102,570 at Garden Lakes Professional Plaza, 4140 North 108th Avenue. Bret Isbell and Russell Fine represented the seller. Phoenix, AZ - Pinion Properties, LLC purchased 1,452 SF for $142,500 at Deer Valley Professional Offices, 22849 North 19th Avenue. Bret Isbell and Russell Fine represented the seller. Apache Junction, AZ - Stagecoach Trails, LLC purchased 14 acres of land for $550,000 at the SEC N Main Dr and W Roundup St. Bret Isbell and Russell Fine represented the seller. Gilbert, AZ - McShane Development purchased 9 acres of land at Market Street & Val Vista Road. Bret Isbell, Julie A. Johnson, CCIM, and Russell Fine represented the buyer. NAI Horizon represented the seller. Phoenix, AZ - Laprade Real Estate Holdings purchased 6,292 SF for $450,000 at 9200 North Central Avenue. Dominic M. Perry, CCIM, represented the buyer.

Contact: Brooke Askew-Rossi, 480-423-7910

01/22/2013 Deal

New Lease Transactions

Houlihan-Parnes

Richard Hendey of Houlihan-Parnes Realtors, LLC. reports the following new lease transactions during the past three months. Andron Construction Company leased 800 square feet and Texas Chili II Inc. leased 1,000 square feet at 129 Halstead Avenue, Mamaroneck N.Y. In addition, Dunning Design Center leased 900 square feet at 619 East Boston Post Road, Mamaroneck N.Y. “Our investment in a new façade and the interior renovation of 129 Halstead Avenue really upgraded the attractiveness of this location. We are always looking for real estate investments, which require capital and repositioning in Westchester” Houlihan-Parnes Realtors, LLC is a multi-faceted real estate investment company headquartered in White Plains, N.Y. Founded in 1891, its companies and affiliates are engaged in the acquisition and ownership of all types of commercial real estate investment property in the continental United States. Our mortgage brokerage affiliate, Q10 | New York Realty Advisors, is a member of Q10 Capital, LLC a leading commercial mortgage banking and investment sales company with 26 offices in 20 states nationwide. Houlihan-Parnes and its affiliates specialize in commercial mortgage finance, investment sales, property management, leasing, mortgage servicing and consulting.

Contact: James J. Houlihan, 914-694-6070

01/17/2013 Company News

Avison Young releases 2013 commercial real estate forecast for Canada, U.S.

Avison Young

Stability and opportunity will drive Canada’s commercial real estate markets in 2013, while select U.S. markets and sectors are poised for growth, even while caution persists. Against a global backdrop of financial uncertainty stemming from continuing issues with stability in Europe, a potential slowdown in China, the debt ceiling and new “fiscal cliffs” in the U.S. and potential plateauing in Canada, North American real estate markets still appear to be the most stable – with a healthy balance of risk and opportunity. These are some of the key trends noted in Avison Young’s 2013 Canada, U.S. Forecast, released today. The annual report covers the office, retail, industrial and investment markets in 29 Canadian and U.S. metropolitan regions: Calgary, Edmonton, Halifax, Lethbridge, Mississauga, Montreal, Ottawa, Quebec City, Regina, Toronto, Vancouver, Winnipeg, Atlanta, Boston, Charleston, Chicago, Dallas, Detroit, Houston, Las Vegas, Los Angeles, New Jersey, New York, Pittsburgh, Raleigh-Durham, Reno, San Francisco, South Florida and Washington, DC. “With all the headwinds that continue to plague our industry, what we at Avison Young have been advising for the last three years will continue to be our mantra: stay patient, risk-manage your strategy on the buy-side, and take advantage of off-market and distressed opportunities when they present themselves,” comments Mark E. Rose, Chair and CEO of Avison Young.

Contact: Sherry Quan, 604-647-5098

01/17/2013 Deal

Seminole Tribe of Florida and Stiles Construction Enter into Unprecedented Joint Venture Partnership

Stiles

In an unprecedented move to expand construction and development operations throughout the Southeast U.S. and beyond, the Seminole Tribe of Florida, Inc. and Stiles Construction, a division of Stiles, announced today a new joint venture partnership to create Seminole Development and Construction, LLC. The newly created venture provides both Seminole Tribe of Florida, Inc. and Stiles with access to a range of real estate construction project opportunities within the Native American tribal network and also includes projects planned under the auspices of the U.S. federal government. The first project to emerge from the partnership is Seminole Classic Casino, a 140,000-square foot renovation at 4150 North State Road 7 in Hollywood, FL. The six-month long renovation was completed in January 2013 and included a complete transformation of the building’s exterior and interior, as well as upgrades to the parking lot and landscaping. Other Seminole projects in the pipeline include Brighton Public Safety Complex and a new Noodle Bar at the Hard Rock Seminole Casino. With this partnership, the Seminole Tribe of Florida, Inc. will be able to offer its vast tribal network Stiles’ 60 years of construction expertise, substantial resources, accomplished staff and diverse range of development and construction services. Seminole Development and Construction will have an opportunity to pursue a variety of planned and new construction projects within the Seminole Tribe of Florida, Inc. real estate portfolio. Furthermore, the combined entity will also market construction services to other Native American tribes and pursue federal 8(a) set-aside contracting work, including judicial, military and naval air station projects, that is only accessible to federally recognized groups.

Contact: Adrienne Zalkind, 954-627-9300

01/16/2013 Personnel News

Amy Leung Named Risk Control Advisor for Cavignac & Associates

Cavignac & Associates

Amy Leung, CSP, ARM, has been appointed as a risk control advisor for Cavignac & Associates, a leading San Diego risk management and insurance brokerage firm, announced Jeffrey W. Cavignac, CPCU, ARM, RPLU, CRIS, MLIS, president and principal of the firm. Bringing to the firm more than 17 years of experience in the insurance industry, Leung will be responsible for providing safety and risk control consulting services to the firm’s clients. Specifically, she will perform loss control surveys and site inspections, injury and illness prevention program reviews, OSHA-based inspections and compliant safety program development, accident investigations, organization-specific safety training, ergonomic evaluations and industrial hygiene surveys. Most recently, Leung served as a safety administrator for the City of Escondido, where she coordinated and implemented loss control and safety programs. For 17 years prior to that, she was employed by the San Diego District Office of the State Compensation Insurance Fund, where she worked her way up from a claims adjuster, policy services representative, auditor and eventually to a loss control consultant. Serving in the later capacity for over 10 years, Leung provided loss control services to policyholders, which included conduct of claims reviews, safety inspections, workstation evaluations, safety meetings and accident investigations. She also assisted employers with safety program development and compliance with Cal-OSHA regulations and developed, presented and taught education programs.

Contact: Bonnie Kutch, 619-299-1010

01/15/2013 Deal

DEA Miami Facility Sold by Cambridge

Cambridge

Alexandria, Virginia— Cambridge successfully structured the sale of the 57,055 s.f., DEA Southwest Regional Laboratory Facility on behalf of DEA South FL, LLC, a venture of Galaxy Investments and the Halle Companies. The property was developed for DEA South FL, LLC by Cambridge Development Group LLC and is located in the Beacon Lakes Business Park at 2205 NW 132nd Place, Miami, Florida. According to Andrew J Czekaj, Chief Executive of Cambridge “the transaction was a off market deal that met the objectives of both parties. The sale enabled DEA South Florida to channel capital toward more entrepreneurial endeavors.” Total consideration of $43,540,000 was paid by MDR Americana LLC. The project was developed to satisfy the terms of a 20 year lease between the General Services Administration and DEA South FL, LLC. T. Michael Scott, President and Vice Chairman of Cambridge stated "We won the award in April of 2009 to build this world class laboratory for our repeat client the Drug Enforcement Administration. The DEA was excited to occupy the facility last August, and we placed highly favorable full-term debt on the property. Now we have combined the long term credit of the US Government with a focused equity client seeking credit long term investments in the US. “ Cambridge has been retained by MDR Americana LLC to provide Property Management and Construction services for the property under a long term contract. “We look forward to continuing our management of the property on behalf of MDR Americana LLC as the new owner and to working with MDR to achieve its goals for this investment” states Randy S. Jaegle, Chief Operating Officer of Cambridge.

Contact: Andrew J. Czekaj, 703-709-8866

01/14/2013 Deal

Boston Capital Closes $150 Million Tax Credit Fund

Boston Capital

Boston Capital announced the closing of Boston Capital Tax Credit Fund XXXVI, a nationally diversified portfolio of 22 affordable apartment properties in 15 states with a fund size of $150 million in equity. The properties acquired by Corporate Fund XXXVI add an additional 2,481 apartment units to Boston Capital's holdings. "Fund XXXVI, due to its high-quality assets and attractive yield, drew very strong investor interest," said Jack Manning, president and CEO of Boston Capital. "Boston Capital strives to achieve the best results in the marketplace by providing superior investment opportunities and teaming with the finest developer partners, producing quality affordable housing." The Fund includes nine developments for senior citizens and 13 properties for families in 15 states including Ark., Ky., La., Mass., Md., Maine, Mo., N.C., N.Y., Tenn., Texas, Utah, Va., Wis. and W.Va. Fund XXXVI will result in the creation of more than 1,220 local jobs and will generate nearly $95 million in local income. "In addition to creating and preserving high-quality affordable housing units for residents across the United States, Boston Capital's investments impact communities by generating income, taxes and other revenue for local governments and by creating much-needed jobs in these communities. These positive impacts demonstrate both the success and necessity of the LIHTC program," added Manning. With the closing of Fund XXXVI, Boston Capital has raised $601 million in equity since January 2012. Boston Capital recently launched Corporate Fund XXXVII, a $120 million equity fund which is expected to close in March 2013.

Contact: Allison E. Marino, 617-624-8678

01/11/2013 Deal

First Mortgage Placed

Q10 | New York Realty Advisors

Q10 | New York Realty Advisors, an affiliate of Houlihan-Parnes Realtors, is pleased to announce the closing of a $4.4 million first mortgage loan on a 50,000 square foot suburban office building located on North Bedford Road (a/k/a Route 117) in Mt. Kisco, Westchester County, N.Y. Jamie Schwartz and Jeanne Cronin originated and placed the loan with a regional bank. The non-recourse loan was written for a 10-year term with the interest rate fixed for the initial 5-years at 4.5%. The rate will be reset in year 6 for the 2nd 5-years of the loan term. The loan was a PAR loan. Route 117 is a major north-south thoroughfare in central Westchester which is improved with a strong mix of commercial properties including class A and B office buildings, retail centers anchored by many national and regional tenants and a wide range of commercial tenants catering to the local needs of the surrounding upscale communities of Mt. Kisco, Chappaqua and Bedford. The property is owned, managed and leased by a prominent Westchester family who has been in the real estate business for several generations. The building is extremely well maintained and currently fully leased and occupied.

Contact: Jeanne Cronin, 914-641-4383

01/09/2013 Company News

LA PALMERA HONORED AT RECENT ICSC CENTERBUILD CONFERENCE

Trademark Property Company

Trademark Property Company, the Fort Worth-based retail and mixed-use development, investment and services firm, today announced that its La Palmera mall in Corpus Christi, Texas, has received two ICSC Global Awards for U.S. Design and Development, receiving a Silver award for both Sustainable Design Excellence and for Renovations/Expansions. The ICSC U.S. Design and Development Awards, which were announced at the recent CenterBuild Conference in Phoenix, Ariz., are designed to honor and recognize the premier design and development trends of retail projects and retail store design within the U.S. “This is great honor for both La Palmera and Trademark,” said Trademark Chairman and CEO Terry Montesi. “We worked diligently to make La Palmera a premier development and are gratified for it to be recognized.” La Palmera is the result of Trademark’s $50 million transformation of the former Padre Staples Mall, and is owned in partnership with its Institutional Mall Investors, Inc. The redevelopment included the “de-malling” of the main entrance into an outdoor lifestyle court, a new 600-seat food court featuring a 4,400-gallon aquarium, and children’s ocean-themed play area, creating a world-class leisure and shopping destination. The market has enthusiastically embraced the new La Palmera as sales have increased approximately 50% over the past 4.5 years under the new ownership. The one-million-square-foot project is certified LEED Silver for Core and Shell, the first enclosed mall in the U.S. to receive the designation and has emerged as a model for mall transformation.

Contact: Kelly O'Keefe, 817-810-5307

01/09/2013 Deal

BEACON PARTNERS PURCHASES INDUSTRIAL PORTFOLIO NEAR PORT OF CHARLESTON

Beacon Partners

Charlotte‐based Beacon Partners, a privately held commercial real estate investment and service company, recently purchased North Rhett Commerce Center, a 511,891 SF industrial warehouse facility on 34 acres located near the North Charleston Container Terminal at 5801 North Rhett Avenue. The facility currently houses Husqvarna Professional Products and Integris Logistics as tenants. Beacon will make significant renovations and improvements over the coming months to enhance the property’s functionality, energy efficiency and appearance. This is Beacon’s first acquisition in the Charleston area and complements the firm’s existing portfolio of industrial and office property in the Carolinas. “We’ve been studying the Charleston industrial market for some time,” says Beacon Partners’ Chip Stanley. “North Rhett Commerce Center presented a solid opportunity and location to capitalize on very positive developments with the Port of Charleston, a diverse manufacturing base and advanced security industries in the Charleston region.” Situated 1 mile north of I‐526 and 3 miles east of I‐26, North Rhett Commerce Center provides easy access to the regional transportation system and close proximity to the North Charleston and Wando Welch container terminals. With efficient buildings and truck loading, onsite rail access and abundant outdoor storage, North Rhett Commerce Center gives Beacon the ability to provide flexible and cost effective solutions to its customers and regional space users.

Contact: Chip Stanley, 704-926-1402

01/09/2013 Company News

LA PALMERA HONORED AT RECENT ICSC CENTERBUILD CONFERENCE

Trademark Property Company

Trademark Property Company, the Fort Worth-based retail and mixed-use development, investment and services firm, today announced that its La Palmera mall in Corpus Christi, Texas, has received two ICSC Global Awards for U.S. Design and Development, receiving a Silver award for both Sustainable Design Excellence and for Renovations/Expansions. The ICSC U.S. Design and Development Awards, which were announced at the recent CenterBuild Conference in Phoenix, Arizona, are designed to honor and recognize the premier design and development trends of retail projects and retail store design within the U.S. “This is great honor for both La Palmera and Trademark,” said Trademark Chairman and CEO Terry Montesi. “We worked diligently to make La Palmera a premier development and are gratified for it to be recognized.” La Palmera is the result of Trademark’s $50 million transformation of the former Padre Staples Mall, and is owned in partnership with its Institutional Mall Investors, Inc. The redevelopment included the “de-malling” of the main entrance into an outdoor lifestyle court, a new 600-seat food court featuring a 4,400-gallon aquarium, and children’s ocean-themed play area, creating a world-class leisure and shopping destination. The market has enthusiastically embraced the new La Palmera as sales have increased approximately 50% over the past 4.5 years under the new ownership. The one-million-square-foot project is certified LEED Silver for Core and Shell, the first enclosed mall in the U.S. to receive the designation and has emerged as a model for mall transformation.

Contact: Suzi Prokell, 817-598-1556

01/08/2013 Deal

GHP OFFICE REALTY Announces Leases at 4 Red Oak Lane; property nears 100% occupancy

GHP Office Realty, LLC

GHP Office Realty, LLC, a substantial owner and manager of office properties in Westchester County is pleased to announce the signing of SEVEN leases totaling 30,729 square feet at 4 RED OAK LANE, a 135,000 square foot, CLASS A office building LOCATED ON 287, ALONG THE EASTERN CORRIDOR OF WHITE PLAINS. The building is now 96% leased. The recent flurry of deals was highlighted by a 13,516 square foot commitment by HOP Energy, a premier leader of total energy services. The company has had its headquarters in the building since 2006 and recently expanded its office space by 15%. HOP Energy was represented by Peter Hansen and Brian Carcaterra of Newmark Knight Frank of Conn. The renewal and expansion is for 10 years. In other renewals, Target Corporation renewed its regional sales office of 3,619 square feet and William F. Cosulich Associates renewed its lease of 4,096 square feet. Concorde Temporary Staffing expanded its business into 3,156 square feet. In new activity, all of which absorbed vacant space, Purchase based Welcome Home Brands relocated in to 2,000 square feet. Law firm, Pollock and Maguire, LLP relocated to the property from elsewhere along Westchester Avenue into a 3,067 square foot office space. GHP Office Realty represented the building owners directly on all of the deals. The Class A office building was purchased by the principals of GHP Office Realty in September of 2000; since then, the owners have spent several million dollars upgrading the property including new lobbies and common areas, new elevators, new boilers and a new parking area. The building boasts 24 hour security, on-site parking and food service.

Contact: Brittany Mahoney, 914-641-4356

01/08/2013 Deal

GHP Office Realty Announces 100% Occupancy at 297 Knollwood Road in White Plains, New York.

GHP Office Realty, LLC

GHP Office Realty, LLC, a substantial owner and manager of office properties in Westchester County is pleased to announce the signing of seven leases totaling 6,602 square feet at 297 Knollwood Road, a 35,000 square foot, 5-story office building at Exit 4 of I-287 in White Plains, N.Y. This absorption of space brings the building to 100% occupied. Jamie Schwartz, Executive Vice President of GHP Office Realty represented the Owner on the following deals: Joseph A. Lecce P.E., P.C., a provider of MEP Engineering and Consulting Services for commercial and residential facilities signed a long term lease for 472 Square feet. PSI Services, LLC, a leader in the assessment industry with over 60 years of experience with providing solutions to corporations, professional associations and government regulatory agencies has renewed their lease in their 2,276 square foot office space. Andrea Lofaro, of GHP Office Realty represented the Owner in a 900 square foot renewal with TWI Construction Corp. and a 1,147 square foot lease with Mohegan Associates, Inc. Meghan McEvoy, Leasing Associate at GHP Office Realty, represented the Owner in a 627 square foot lease with Susan F. Schrott LCSW, CEDS, RYT, LFYP, who takes a comprehensive and collaborative approach to treating eating disorders and mental health issues. Bruce Wenig of Rakow Commercial Real Estate Group represented the Tenant. Mike Scarinci, of GHP Office Realty, represented the owner in a long term, 184 square foot renewal for Lisa M. Salvi Ph. D.

Contact: Andy Greenspan, 914-642-9300

01/02/2013 Company News

Cavignac & Associates’ Employees Donate $15,750 to 21 Local San Diego Charities

Cavignac & Associates

Amid talk and worries about the “fiscal cliff”, employees of Cavignac & Associates hung on to hope of a brighter future for those less privileged by donating a combined $15,750 to 21 San Diego non-profit organizations as part of the company's 13th annual "Charity Fund" employee gift-giving program. A San Diego-based risk management and insurance brokerage firm, Cavignac & Associates employs 40 people at its downtown San Diego offices. The company established the Charity Fund program in 2000 when employees decided to emulate the company’s corporate mission to support the local community and give back to it in a meaningful, tangible way. The Charitable Fund allows employees to direct specific amounts from their paychecks each pay period throughout the year to non-profit and civic organizations they believe are doing the most good. “The Charity Fund gift-giving program isn’t just abut being socially responsible, it’s about enabling our employees to connect their hearts and minds to the community in which they work and live and embrace the causes they believe in most,” said Jeffrey Cavignac, president and principal of Cavignac & Associates. “The employees themselves decide how and where to direct the funds they have contributed each year. I’m immensely proud of them for their generosity and efforts to make a positive difference in people’s lives.”

Contact: Bonnie Kutch, 619-299-1010

Member News

First Mortgage Placement

HOULIHAN-PARNES REALTORS, LLC AND Q10 REALTY ADVISORS, LLC ARE PLEASED TO ANNOUNCE THE PLACEMENT OF A $16,500,000.00 FIRST MORTGAGE ON 35-73 RAMAPO VALLEY ROAD, ALSO KNOWN AS THE MAHWAH BUSINESS PARK LOCATED JUST OFF ROUTE 17 IN MAHWAH, N.J.

GPE CLOSES TRANSACTION ON 98,930 SF HANGAR/OFFICE PROPERTY IN SCOTTSDALE AIRPARK

Property Re-Finance

GPE Commercial Advisors Hires Marcela Houser, CCIM as Associate Vice President

VIAWEST GROUP ACQUIRES MULTI-OFFICE ASSET FOR $10.1M

KDC TO DEVELOP $1.5 BILLION, 186 ACRE MIXED-USE PROJECT AT BUSH TURNPIKE, NORTH CENTRAL EXPRESSWAY

Developer poised for growth - Vancouver, BC

Boston Capital Provides Equity and Permanent Loan Financing for Affordable Multifamily Property in Wisconsin

Avison Young opens new office in Denver, 11 members join

TRADEMARK JV ACQUIRES WATTERS CREEK NOTE AND SIGNS Z GALLERIE

Cambridge Successfully Structured the Sale of 1501 Moran Road

Chris Bane joins CDC Small Business Finance

Solutions, Inc. Secures a CM Contract with The University of South Florida for 2013

Boston Capital Provides Equity and Construction Loan Financing for Two Affordable Multifamily Properties in Arkansas

GPE Announces 7 New Commercial Transactions

GPE Promotes Linda Tierney to Director of Property Administration Position

Boston Capital Invests in Two Affordable Multifamily Developments in Virginia

Sale of 1501 Moran Road for $25 Million

LEE & ASSOCIATES CLOSES $3.4 MILLION OFFICE SALE OF STERLING CENTRE

Boston Capital Invests in Affordable Multifamily Development in Virginia

LNR Property LLC and Jones Lang LaSalle Complete 46,701-SF Office Lease with Activision in Woodland Hills, Calif.

Cavignac & Associates Named Top Category Winner of NU/AA&B Commercial Agency Awards

Canadian commercial real estate investment volumes on verge of exceeding pre-credit crisis levels, while investors’ lingering indecision stymies U.S. recovery

GHP OFFICE REALTY ANNOUNCES 6 LEASES AND 24,000 SQUARE FEET OF POSITIVE ABSORPTION AT 170 HAMILTON AVENUE IN DOWNTOWN WHITE PLAINS

GHP OFFICE REALTY SELLS CELLULAR TOWER IN SCARSDALE, NY FOR $1,850,000

30 Buxton Farms Road Stamford, CT 06905

Boston Capital Invests in Two Affordable Multifamily Developments in Virginia

Compass Commercial Releases Q3 2012 Market Survey

Jerry Houlihan Has Arranged New Purchase

Avison Young agrees to acquire Raleigh, NC-based Thomas Linderman Graham Inc., 61 members to join

Stiles Welcomes National Tenants at Gateway at Sawgrass in Sunrise

Avison Young opens new Detroit office, continues aggressive U.S. expansion Leading Canadian commercial real estate firm opens its 18th location outside Canada; James Becker becomes Principal and Managing Director

Boston Capital Invests in Affordable Multifamily Development in Lunenburg, MA

Boston Capital Invests in Affordable Multifamily Development in Baton Rouge, LA

Avison Young expands into Florida, 30 members join from Flagler Real Estate Services

Philip Chun to Offer MEP Engineering Design Services

Boston Capital Invests in Affordable Multifamily Development in West Roxbury, MA

GPE Closes Deal on 13,450 SF Medical Office Building in Mesa

Cavignac & Associates Selected by IIABA as “Best Practices” Agency

Grandbridge Finances $6.85 Million Alabama Office

Tom Abbott joins Colliers International Western Region Investment Services Group

Camp Pendleton Hospital Project $270 Million Strong

Jones Lang LaSalle Completes 163,734-SF Office Lease with Corinthian Colleges in Santa Ana, California

Industry Veteran Carl Muhlstein Joins Jones Lang LaSalle as Managing Director

Industry Veteran Phil Friedl Joins Jones Lang LaSalle as Senior Vice President

Liberty Property Trust New Hire Christopher L Warth

Liberty Property Trust Names Megan Creecy-Herman Director of Leasing and Development in the Arizona Region

Boston Capital Invests in Three Affordable Multifamily Developments in Oklahoma

Cassidy Turley San Diego Selected as Exclusive Marketing, Leasing and Sales Firm for Creekview Medical Park in Vista

Venable Adds Real Estate Finance Partner Michael Peskowitz to New York Office

Wells Names Morris Chief Real Estate Officer

Tim Noonan Joins the Fidelity National Title Major Accounts Team

NAI Realvest Negotiates $6.6 Million Sale of 54 Acre Site to be Developed as Oviedo on the Park Downtown Center

Jones Lang LaSalle Increases Prominence in Orange County with 360 Commercial Partners Merger

New Business Park Planned For Concord, NC

GPE Companies Summary of Sales Real Estate Transactions for June 2012

New Business Park Planned for Concord, NC

Brookfield Office Properties Leases 91,000 Square Feet To Georgetown University at 650 Massachusetts Avenue In Downtown DC

Bridge Attracts Two Tenants to Lyons Cold Storage Facility

Brookfield Office Properties Wins Toby Award At BOMA International for Washington, DC Property

Langley Building wins award

Boston Capital Invests in Three Affordable Multifamily Developments in North Carolina

Food Produce Operators Grow in South Florida

Former Sunwest Management Headquarters Auction

Cavignac & Associates Named One of San Diego's "Best Places to Work"

Cushman & Wakefield Arranges 87,000-Square-Foot Office Lease With Eisneramper

Brookfield Office Properties Acquires 799 9th St., NW in Washington, D.C.

Richards Barry Joyce & Partners Represents Dana-Farber Cancer Institute

KDC Leases Additional 123,716-Square-Feet of Office Space to Leading Oil and Gas Company

Baywater Capital Partners Hires Richards Barry Joyce & Partners as Exclusive Leasing Agent for 10 and 20 Dan Road, Canton, Mass.

Lee & Associates Assists in $1 Million Sale

Prism Joint Venture Acquires 180,000-Square-Foot Bergen County Industrial Building

Coca-Cola in South Brunswick Achieves LEED Silver

Brookfield Office Properties Acquires 799 9th Street, NW, in Washington, DC

Mark Mengelberg Joins Allen Matkins' San Francisco Office as Partner

Boston Capital Invests in Affordable Multifamily Development in Waynesboro, VA

Avison Young Opens New Office In Pittsburgh, Pennsylvania

New Class-A Office Development Planned for Tempe