Equity Investment Services to Lease Two Publix-Anchored Shopping Centers

ORLANDO, FL; June 10, 2011 — Equity Investment Services (EIS) has been retained by The Rosen Group, Inc. to exclusively lease two Publix-anchored shopping centers. 

The assets, Harbor Oaks Plaza (top left photo)and  Springhill Commons (bottom right photo) are located in Clearwater and Gainesville, FL.  EIS is currently leasing Rosen’s Publix-anchored Southchase Shopping Center in Orlando, FL. 

 Christopher M. Savino, Managing Director of Equity Investment Services said “We have put together a comprehensive strategy to stabilize these assets”.

 Senior Associate, Nathan R. Cutchin and Associate, Matthew D. Edmiston of Equity Investment Services will oversee the leasing of all three properties.

 The Rosen Group is a privately held real estate development and management company with a portfolio of over twelve million square feet.

 Equity Investment Services is a full service commercial real estate investment advisory company based in Orlando, Florida.. EIS represents owners in the disposition/acquisition, leasing and professional management of shopping centers, office buildings, and single tenant net leased investments.

 For more information, visit: www.EISRE.com

Contact:

Nathan R. Cutchin (o) 407/573-0711 ext. 307  ncutchin@eisre.com

Matthew D. Edmiston (o) 407/573-0711 ext. 305  medmiston@eisre.com

 Estefanía Enriquez |Marketing Coordinator, Phone: 407.573.0711 ♦ Fax: 407.573.0710, Email: EEnriquez@EISRE.com

Website: www.EISRE.com

Marcus & Millichap Sells $16.1 Million Medical Office Building in Tennessee

JOHNSON CITY, TN– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has brokered the sale of 701 Med Tech Parkway (top left photo), a 60,600-square foot, four-story multi-tenant medical office building in Johnson City.

 Anthony Lunceford, an office and industrial property specialist in the firm’s Nashville office represented the sellers. Joseph Massa (lower right photo), a senior associate, also in Nashville, represented the buyer, a regional private equity firm located in the Southeast.   

“701 Med Tech Park was built in 2008 and is anchored by the East Tennessee Ambulatory Surgical Center (ETASC),” says Lunceford. “ETASC signed an initial 25-year lease with 15 percent escalations every five years.” 

The other tenants in the building are East Tennessee Brain & Spine and John Lawson Surgical.

 The property, located at 701 Med Tech Parkway in the Med Tech Park corridor, is next to the brand-new Franklin Woods Community Hospital and is less than 2.5 miles from the Johnson City Medical Center.

 Contact: Stacey Corso, Public Relations Manager, (925) 953-1716