Cushman & Wakefield Orlando Project Manager Tracy Thom-Palumbo earns LEED AP Certification

Orlando, FL -- Cushman & Wakefield Project Manager Tracy Thom-Palumbo (top right photo) has earned the Leadership in Energy and Environmental Design Professional Accreditation (LEED AP) designation.

Administered through the U.S. Green Building Council, LEED Accredited Professionals have demonstrated a thorough understanding of green building practices, and have the knowledge and skill set to successfully steward the LEED certification process for buildings and construction projects.

"Even in the down economy, we're seeing more interest in green practices all the time," says Thom-Palumbo.

"With the LEED AP certification, I will be able to assist clients in the LEED certification process of their projects, in addition to helping them design and build more healthful, durable, affordable and environmentally sound construction for commercial buildings."

Ms. Thom-Palumbo joins Industrial Brokerage Director, Lee Morris (bottom right photo who was designated as a LEED Accredited Professional in May.

Morris says that LEED standards help clients save money by identifying and magnifying efficiencies. "We’re in the process of establishing baselines for our clients which has allowed us to identify a lot of ‘low hanging fruit’ providing immediate, low-cost value.

As the economy improves, we can evolve these efficiencies into initiatives that are higher-cost, with a higher return on investment," Morris said.

Other C&W-Orlando associates in the process of acquiring their LEED AP designation include Office Associate Betsy Owens and Portfolio Manager Michael Agnew.

As the first real estate services firm in the country to commit to environmental Best Practices under a formal agreement with the U.S. Environmental Protections Agency (EPA) Cushman & Wakefield is viewed as a leader in greening commercial real estate practices.

The Orlando branch of C&W is keeping step with this national policy by instituting a number of green initiatives, such as sponsorship for associates seeking the LEED AP designation.

Contact: Brook Hines, Tel: 407-541-4401, brook.hines@cushwake.com
www.cushwake.com

Fitch: Gray Clouds Persist for Equity REITs Despite Rays of Sunshine

NEW YORK, NY--While recent financial market improvements are allowing equity REITs to execute opportunistic actions to reduce financial pressures, several challenges remain, according to Fitch Ratings in the latest edition of its 'REIT Report Quarterly'.

"Most REITs will need to address tenuous access to financing across the capital markets,’ said Managing Director and REIT group head Steven Marks. (top right photo)

"REITs are also contending with an unprecedented downturn in property markets, as indicated by increasing tenant defaults and reductions in net operating income."

Other potentially adverse developments awaiting equity REITs include the sizable overhang of debt maturities in 2011 and 2012 and limited visibility regarding net operating income capitalization rates, which continues to stress commercial property values. Many equity REITs will face challenges to maintain current rating levels.

During the second quarter of 2009, Fitch assigned a rating to SL Green Realty Corp and assigned a new security-specific rating to Westfield Group’s US$700 million debt issue.

While Fitch affirmed 11 REITs, Fitch also revised the Rating Outlook on six of these companies to Negative from Stable. Fitch downgraded nine REITs, with eight of the companies remaining either on Rating Watch Negative or with a Negative Outlook.

Fitch maintains a Negative Outlook for the U.S. Equity REIT sector, indicating an increased likelihood for downgrades or Negative Rating Watches/Outlooks.

Additionally, due to falling valuations and rents, and despite the fact that Fitch-rated issuers in this sector generally have liquidity surpluses, the rating outlook for European REITS is negative. However, individual issuer Outlooks and Watches are the best indicators of future rating direction.

Other items in this edition of Fitch's 'REIT Report Quarterly' include an overview of recent rating actions, summary of two special reports, seven market commentaries, and links to recent Fitch research.

The newsletter is available on the Fitch Ratings web site at 'www.fitchratings.com' under the following headers: Financial Institutions >> REITs >> Newsletters

Contacts: Steven Marks +1-212-908-9161, New York; Julian Crush +44 20 7682 7370, London; or Ben McCarthy +61 2 8256 0388, Sydney.

Media Relations: Sandro Scenga, New York, Tel: +1 212-908-0278, Email: sandro.scenga@fitchratings.com;

Peter Fitzpatrick, London, Tel: +44 (0)20 44 20 7417 4364, London, Email: peter.fitzpatrick@fitchratings.com

HFF secures financing on behalf of Tower Management Company for northeastern New Jersey multifamily complex

FLORHAM PARK, NJ – The New Jersey office of HFF (Holliday Fenoglio Fowler, L.P.) announced has arranged a $4.9 million refinancing on behalf of Tower Management Company for Tower Spring Gardens II, (top left photo) a multifamily complex in New Providence, New Jersey.

Working exclusively on behalf of the borrower, HFF senior managing director Tom Didio (middle right photo) placed the five-year, fixed-rate loan with a regional bank. Loan proceeds were used to take out an existing construction loan.

Tower Management Company focuses on acquiring underperforming multifamily properties in well-established markets in which it has utilized its expertise in property management and operations to increase cash flows and value.

Tower currently owns and operates more than 2,000 multifamily units in 21 garden communities in New Jersey, New York and Pennsylvania.

Completed in 2008, Tower Spring Gardens II features 27 one-, two- and three-bedroom units averaging 1,300 square feet each.

The fully-leased property is situated on a 2.5-acre site at 851 Springfield Avenue across from the New Jersey Transit’s New Providence train station in the northeastern New Jersey town of New Providence.

The borrower also owns the adjacent property, Tower Spring Gardens I.

Contacts:
Thomas R. Didio, HFF Senior Managing Director, (973) 549-2000, tdidio@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com

National Retail Properties, Inc. Declares Common Dividend

ORLANDO, FL, July 15 /PRNewswire-FirstCall/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 37.5 cents per share payable August 14, 2009 to common shareholders of record on July 31, 2009.

The dividend represents an annualized rate of $1.50 per share. National Retail Properties has paid increased annual dividends per share for 19 consecutive years. It is one of only 156 publicly traded companies in America that have increased annual dividends paid to shareholders for 19 or more consecutive years.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2009, the company owned 1,002 Investment properties in 44 states with a gross leasable area of approximately 11.3 million square feet.

For more information on the company, visit http://www.nnnreit.com/.
SOURCE National Retail Properties, Inc.




Contact: Kevin B. Habicht, (top right photo) Chief Financial Officer, National Retail Properties, Inc., +1-407-265-7348

Interstate Hotels & Resorts Extends Senior Credit Facility to March 2012

ARLINGTON, VA—Interstate Hotels & Resorts (OTC: IHRI), a leading hotel real estate investor and the nation’s largest independent management company, has extended the maturity of its senior credit facility to March 2012 by converting the facility’s outstanding balance of $161.2 million to a new term loan.

Banc of America Securities LLC was sole lead arranger and sole book runner and Bank of America, N.A. is the administrative agent.

“Bank of America did a tremendous job leading this credit facility amendment, and we really appreciate the continued support of all 10 of our credit facility lenders,” said Bruce Riggins, chief financial officer. “This credit facility extension provides us much greater flexibility to execute our business plan through the current recession and positions us to emerge a stronger company as the industry recovers. We expect to be in compliance with all financial covenants for 2009.”

Contact: Carrie McIntyre, SVP, Treasurer, (703) 387-3320

Marcus & Millichap Sells 21 Waterfront Single-Family Lots in Englewood, FL

ENGLEWOOD, FL, July 14, 2009 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Mariner’s Landing, according to Bryn D. Merrey, Regional Manager of the firm’s Tampa office.

The asset sold within sixty days at a sales price of $1,900,000.

Paul K. Bouldin, (top left photo) Senior Associate and Michael Harris Investment Specialist in Marcus & Millichap’s Tampa office had the exclusive listing to market the property on behalf of the seller, a bank/financial institution.

Cooperating brokers in the transaction included Pam Hitt, with Exit Realty and John Weiss with Michael Saunders Realty, both of Sarasota.

Mariner’s Landing is located at 1500 New Point Comfort Road in Englewood, Florida.

Press Contact: Bryn D. Merrey, Regional Manager, Tampa, (813) 387-4700

Starwood's Turnberry Golf Resort to Re-Open as Part of Luxury Collection

WHITE PLAINS, NY--Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT) today announces that the historic Turnberry golf resort (top right photo) will re-open as part of the renowned Luxury Collection brand at The Open Championship 2009 following a US$65 million renovation by owner Leisurecorp, a division of Dubai World company Nakheel.

Following the $65 million refurbishment, which has focused on the iconic resort’s public spaces and 40 of its 211 luxuriously appointed guest rooms, Turnberry will proudly host the word’s oldest golf championship, on its renowned Ailsa golf course from July 16 – 19, 2009.

Redesigned by acclaimed interior design firm Fox Linton Associates, Turnberry offers guests world class cuisine, a variety of outdoor activities in addition to golf, and an award winning spa experience.

Ideally located on Scotland’s picturesque Ayrshire coast, Turnberry, a Luxury Collection Resort, is the newest addition to The Luxury Collection, a glittering ensemble of the world’s finest hotels and resorts including, The Grande Bretagne, (bottom left photo) Athens, Greece; Hotel Marqués de Riscal, Elciego, Spain; Mystique, Santorni, Greece; Hotel Danieli, Venice, Italy; The U.S. Grant, San Diego and The Joule, Dallas.

This year’s Open Championship will host the world’s leading golfers who will compete on Turnberry’s Ailsa Course, widely viewed as one of the best links courses in the world.

The historic golf resort has previously played host to the world’s oldest major golf championship in 1977, 1986 and 1994. Turnberry, a Luxury Collection Resort, boasts two 18-hole Championship courses including the Ailsa Course and the Kintyre Course. In addition, the resort has a 9-hole Arran Course and renowned Colin Montgomerie Links Golf Academy.

Contact:

Hwee-Peng Yeo
Director, Corporate Communications
Starwood Asia Pacific Hotels & Resorts Ltd
9 Temasek Boulevard, Suntec City Tower 2
#24-02, Singapore 038989

Tel : +65 6335 4837; Cell : +65 9768 6087; +65 9248 0424
Fax : +65 6335 4820
http://www.starwoodhotels.com/; http://www.starwoodpressclub.com/

Marcus & Millichap Capital Corp. Names Steven Rock Senior Director of Manhattan Office

NEW YORK, NY– Marcus & Millichap Capital Corporation (MMMC) has named Steven Rock (top right photo) senior director of the firm’s Manhattan office, according to William E. Hughes, (bottom right photo) senior vice president and managing director of MMCC.

“Steve has an impressive track record of arranging commercial real estate financing on a national scale,” says Hughes. “He brings a wealth of knowledge in arranging debt and equity finance transactions for multi-family, office, retail, industrial, and hospitality properties to his new position.”

Rock brings 16 years of combined real estate and investment finance experience to the firm. Prior to joining MMCC, he was a senior vice president at the Carlton Group. Before that, Rock held a significant senior advisory role at Citigroup Private Bank, where he was responsible for managing more than $500 million in assets.

“With the capital markets currently in flux, it is more important than ever to provide clients with professional expertise and superior financial and advisory services,” explains Edward Jordan, (middle left photo) regional manager of the Manhattan office of Marcus & Millichap. “Steve has established excellent relationships with key lenders, private equity and other financial institutions in the United States and overseas.

“As a senior director at MMCC, Steve will create customized financing packages that optimize the best terms for our private and institutional investor clients, making the transaction process a more seamless one,” adds Jordan.

“MMCC’s reputation as a leader in the real estate capital lending arena, coupled with its national platform of resources, attracted me to the firm,” says Rock.

Press Contact: Kathy Molitor, Marcus & Millichap Capital Corp., (925) 953-1704

Marcus & Millichap's Long Beach, CA Office Assists Camp Ronald McDonald for Good Times

LONG BEACH, CA, July 13, 2009– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced that for the second consecutive year, the Long Beach office will raise money to send children to Camp Ronald McDonald for Good Times, according to John Rodiles, regional manager of the office.

The camp provides Los Angeles pediatric cancer patients and their siblings with free medically supervised residential camp sessions in the San Jacinto Mountains of Southern California.

“Last year we raised more than $4,000,” says Josh Cohen, (top right photo) vice president investments and a director of the firm’s National Multi Housing Group in Long Beach. Cohen encourages his co-workers to donate to the camp and matches all of their gifts.

Founded in 1982, Camp Ronald McDonald for Good Times provides year-round supportive programs to families and children impacted by cancer. The camp is offered to any child who has had cancer or a similar condition, or who has a sibling with one of these diseases, at any stage of illness or treatment, at no cost to their families.

Originally called “Camp Good Times,” the camp became “Camp Ronald McDonald for Good Times” in 1984 when McDonald's Operators’ Association of Southern California announced their support for the camp.

Cohen has been with Marcus & Millichap since 2002. He specializes in brokering the sale of multi-family investment properties in Southern California.

Press Contact: Stacey Corso, Communications Department, (925) 953-1716

Cuhaci & Peterson Architects awarded contract to renovate Inn on The Beach in Daytona Beach

ORLANDO, Fla. - Cuhaci & Peterson Architects, LLC, the architectural firm that designs more than one million square feet of retail space annually, was recently awarded a contract to renovate the Inn on the Beach (top right photo) located on U.S. A1A in Daytona Beach.

Lonnie Peterson, chairman of Cuhaci & Peterson Architects, LLC, based in Orlando’s Baldwin Park, said Humphrey Realty Corp. awarded the contract.

Renovation work on the property should start in late summer, Peterson said.

For more information, please contact:
Lonnie Peterson, Chairman, Cuhaci & Peterson Architects, LLC, 407-661-9100
Jed Downs, President, Cuhaci & Peterson Architects, LLC, 407-661-9100
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

Carter Reduces Energy Use Across 25M SF Portfolio

Commercial Real Estate Firm Achieves ENERGY STAR

ATLANTA, GA--(BUSINESS WIRE)--The Property and Facility Management Group of Carter, one of the country’s leading full-service commercial real estate firms since 1958, has committed to decreasing energy consumption across its 25-million-square-foot portfolio by 30 percent.

A primary goal is to achieve ENERGY STAR certification for all eligible properties by year end 2009.

Property managers are completing audits and benchmarks for all buildings in Carter’s property and facility management portfolio.

The data collected will be evaluated against ENERGY STAR standards and all buildings meeting the criteria will be submitted for ENERGY STAR certification. The data collected also will be utilized to operate each building more efficiently.

“As commercial property owners and managers, it is our responsibility to ensure our clients’ properties are managed in the most cost-effective and resourceful manner,” explained Holly Hughes, (top right photo)executive vice president of Carter’s Property and Facility Management Group.

“Energy efficiency has always been an important component of building operations at Carter, due to both financial and environmental concerns. ENERGY STAR provides a solid, widely recognized standard by which we can evaluate a building’s performance.”

Six properties under the firm’s management have earned the ENERGY STAR award since January 2009. They are:

--River Park in Norwalk, Conn., a five-story, Class A suburban office building comprising 412,231 square feet.

--Four Penn Center (top left photo) in Philadelphia, Penn., a Class A 522,600-square-foot office building.

--Fifth Street Towers (middle right photo) in Minneapolis, a twin tower, Class A office complex totaling 1,065,000 square feet.

--Corporate Center I and II in Tampa, Fla., Class A office buildings totaling almost 700,000 square feet.

--Hidden River I and III in Tampa, Fla., Class A office buildings comprising 285,961 square feet.

--Satellite Place 300, 400 and 600 in suburban Atlanta, Class A office buildings totaling 435,458 square feet.

All of these properties are owned by Strategic Real Estate Advisors (StratREAL), an independent real estate investment advisor and asset manager, and an advisor to private customized real estate funds. StratREAL currently oversees the management of more than $6.5 billion of real estate assets globally.

“As a company, we’re always looking for ways to improve energy management and to make our properties more environmentally sustainable,” said Steve Hall (bottom left photo), Head of U.S. Asset Management and Performance Reporting for StratREAL.

“We could not be more pleased for these properties to join the other ENERGY STAR buildings across the country and greatly appreciate the initiative Carter is taking in evaluating the properties it manages against these guidelines to identify cost savings and environmental benefits.”

One of the country’s leading full-service commercial real estate firms since 1958, Carter offers a diverse range of services to deliver value for our clients. An Atlanta-based privately-held company with 400 associates, Carter has successfully and responsibly navigated five decades of commercial real estate cycles.

For additional information on Carter, please visit http://www.carterusa.com/.

Contact:
Wilbert News Strategies, Tony Wilbert, 404-888-3091 (office) or 404-405-3656 (cell)twilbert@wilbertnewsstrategies.com

Polsinelli Shughart Law Firm Signs New Office Lease for total 29,000 SF in Chicago

CHICAGO, IL (July 13) The Chicago office of national law firm Polsinelli Shughart PC has signed a 15-year lease for space in the 161 N. Clark Building (top left photo) , also known as the Chicago Title and Trust Building.

The firm will relocate in the fall to accommodate its growing Chicago office, which has expanded to 30 attorneys. The 161 N. Clark Building is hailed for its fabulous views of Lake Michigan, modern architecture, efficiency and proximity to the Cook County Courthouse, city, county and state office buildings.

“This is a premiere building in a great location with extraordinary amenities and spectacular views,”said the Managing Director/Chicago Anthony J. Nasharr (top right photo).

“The new location will accommodate our current and anticipated growth. We are very excited about this move and what it means for our attorneys, staff and clients.”

Polsinelli Shughart will occupy the entire 42nd floor and part of the 41st floor. The new location doubles the amount of space for Polsinelli Shughart to 29,000 square feet from 15,000 at its current location at Two Prudential Plaza, (bottom right photo) 180 N. Stetson Avenue and will allow for 58 offices.

The firm has added seven shareholders since February 1, 2009 and includes a growing national healthcare practice, along with financial services, intellectual property/patents, and commercial litigation practices.

“Polsinelli Shughart is a fast-growing tenant in this market,” said Senior Director Joseph A. Gordon, Tishman Speyer, a global real estate owner, developer and investment company. “We are very pleased that they selected 161 North Clark as their Chicago corporate address.”

The Chicago office of Polsinelli Shughart had been exploring its options to relocate and expand because of the ongoing growth the firm is experiencing in Chicago and elsewhere.

“It is important to Polsinelli Shughart in these unique economic times to have a financially sound landlord, and we found that in Tishman Speyer,”said Executive Vice President Tom Tunnicliff, Grubb & Ellis Company, a leading commercial real estate and investment firm.

“This is a great Class A building, and we found it at an opportune time. We were able to take advantage of the aggressive economics being offered in the market.”

Polsinelli Shughart has hired Chicago architectural firm Whitney Architects to transform the raw space into a premiere office location for attorneys, staff and clients.

“We welcome the opportunity to work with the Polsinelli Shughart law firm and their move to 161 N. Clark Building,”said President John W. Burjek, A.I.A.,Whitney Architects.

“This is a marvelous space for a law firm with close proximity to the Dirksen Building and Daley Plaza. We look forward to turning the 41st and 42nd floors into a premiere space for the Polsinelli Shughart law firm.”

With more than 480 attorneys, Polsinelli Shughart PC (www.polsinelli.com) is a national law firm that is a recognized leader in the areas of business

litigation, financial services, real estate, business law, construction, life sciences and health care.

Serving corporate, institutional and individual clients regionally, nationally and worldwide, Polsinelli Shughart is known for successfully applying forward-thinking strategies for both
straightforward and complex legal matters.

The firm has 13 offices in Phoenix, Arizona; Denver, Colorado; Wilmington, Delaware; Chicago and Edwardsville, Illinois; Overland Park and Topeka, Kansas; Kansas City, St. Louis, Springfield and St. Joseph, Missouri; New York City; and Washington, D.C.

Contact: Heather McMichael, 816-395-0618, hmcmichael@polsinelli.com

Fitch: Large Hotel & Retail Defaults Drive U.S. CMBS Delinquencies 48bps Higher

NEW YORK, NY, July 13, 2009--Defaults on five loans of $100 million or more contributed to a record $2.2 billion net increase in U.S. CMBS delinquencies in June, pushing late-pays up 48 basis points (bps) to 2.55%, according to the latest U.S. CMBS delinquency index results from Fitch Ratings.

The largest defaults included three loans collateralized by hotel properties that defaulted during their term and two non-performing matured loans backed by regional malls.

"Hotel performance has continued its expected sizable decline, with revenue per available room levels down 20% to date, and cash flows expected to decline by at least 35% from peak levels,' said Susan Merrick, Managing Director and U.S. CMBS Group Head.

"With no immediate revival of demand in sight and recent-vintage hotel loans unlikely to meet projected performance levels, loan sponsors are increasingly depleting reserve accounts or are being forced to come out of pocket to service debt shortfalls, each of which are a precursor to potential future default."

Last month, 13 hotel loans totaling $596 million defaulted. These included the $190 million Pointe South Mountain Resort (top right photo) in Phoenix, AZ, the $117 million Loews Lake Las Vegas (top left photo) in Las Vegas, NV, and the $100 million Dream Hotel (bottom right photo) located in New York, NY.

Fitch expects hotel delinquencies to continue to grow, with an additional $608 million of Fitch-rated hotel loans 30 days past due as of June 30. Included in this group were three notes totaling $293.8 million which correspond to portfolios of Red Roof Inn properties, which Fitch expects will move into the Index next month.

Hotels will continue to be the most volatile property type, due to their heavy reliance on business and personal discretionary income as well as the daily resetting of rates.

The two largest retail defaults in June, the $207.2 million Woodbridge Center (bottom left) loan and $164.5 million Jordan Creek loan, are sponsored by General Growth Properties (GGP).

Though performance at each of the properties was strong throughout the term, each borrower’s failure to repay the balloon amount upon maturity resulted in their respective defaults, which will not be resolved until further details emerge from the bankruptcy ruling.

According to the cash collateral agreement approved in bankruptcy court, GGP is required to remit interest payments on all of the loans included in the filing.

As a result, most GGP-sponsored loans will not move into the Loan Delinquency Index until a balloon default occurs at maturity.

Four additional Fitch-rated loans included in the bankruptcy, totaling approximately $227 million, mature in 2009. As of the last reading, GGP-sponsored loans accounted for 12 bps in the Index.

As of June 30, 2009, the total balance of delinquent loans secured by retail properties has surpassed that of multifamily-backed loans, at $3.95 billion and $3.32 billion, respectively.

Delinquency volumes for office, hotel, and industrial loans stood at $1.94 billion, $1.58 billion, and $456.5 million, respectively.

When ranked by delinquencies within their individual property types, multifamily led at 4.79%, followed by hotel at 3.04%, retail at 2.84%, industrial at 1.83%, and office with only 1.28%.

Fitch's delinquency index includes 1,730 loans totaling $12.0 billion which are at least 60 days delinquent or in foreclosure, out of the Fitch rated universe of approximately 42,000 loans comprising $471 billion. The Index excludes Fitch-rated loans that are 30 to 59 days delinquent, which currently total $5.7 billion.

Contacts:

Susan Merrick +1-212-908-0725,

Mary MacNeill +1-212-908-0785, New York or

Britt Johnson +1-312-606-2341, Chicago.

Media Relations: Sandro Scenga, New York, Tel: +1 212-908-0278, Email: sandro.scenga@fitchratings.com.

Arbor Closes $38,455,900 Fannie Mae DUS® MBS Loan for The Grove at Turtle Run in Coral Springs, FL

Uniondale, NY (July 13, 2009) – Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $38,455,900 loan under the Fannie Mae DUS® MBS product line for the 510-unit complex known as The Grove at Turtle Run (top left photo) in Coral Springs, FL.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.51 percent.

The loan was originated at Arbor’s Uniondale, NY headquarters.

Contact: Ingrid Principe, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/

Southern Commercial Closes 15,368-SF Lease at Orlando Central Park

ORLANDO, FL – William “Bo” Bradford, Jr., CCIM, SIOR, and Tom McFadden, SIOR, principals of Southern Commercial Real Estate Advisors, LLC, Central Florida’s leading industrial and office brokerage, announced that Teamwork Labor Services, Inc. signed a new 15,368-square-foot lease at the 115,728-square-foot Exchange II located in Orlando Central Park (top left photo) at 7500 Exchange Drive, Suite 100, Orlando.

Adding that Exchange II is now fully leased, Bradford and McFadden represented the landlord, RREEF, on the five-year lease. The tenant was represented by Wilson McDowell of Colliers Arnold.

Contact: Kenneth H. Cristol, 407-774-2515