Friday, August 12, 2016

HFF closes sale and secures financing for two Duluth, GA Class A office buildings



Sugarloaf VI and Sugarloaf VII Class A Office Buildings, Duluth, GA



Ryan Clutter
ATLANTA, GA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale and secured financing for Sugarloaf VI and VII, two Class A office buildings totaling 161,183 square feet in Duluth, Georgia.  

HFF marketed the property on behalf of the seller and procured the buyer, TerraCap Management, Corp.  Additionally, HFF arranged the 66-month, floating-rate acquisition loan on behalf of the new owner through Principal Global Investors.

Sugarloaf VI and VII are located within the Business Park at Sugarloaf, a master planned park of approximately 500,000 square feet of Class A office space in Gwinnett County. 

The park is across from the prestigious Sugarloaf Country Club, within one mile of Interstate 85 and 12 miles north of Interstate 285 in northeast Atlanta. 

Built in 2005, Sugarloaf VI and VII are 94.4 percent leased to a diverse tenant mix comprising Horizon Software, Asbury Automative Group, Gallagher Bassett Services and Wiss Janney Elstner Associates. 

The HFF investment sales team representing the seller was led by managing director Ralph Smalley, senior managing director Ryan Clutter and associate director Kelly Kuykendall. 

HFF’s debt placement team was led by managing director Gregg Shapiro.

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com


Minto Communities Launches Sales for Artesia’s Final Phase on Saturday, Aug. 13


Steve Svopa
SUNRISE, FL – Minto Communities announces the launch of sales for the final phase of Artesia, a 76-acre, resort-style community ideally located at Flamingo Road and Panther Parkway in Sunrise.

 The award-winning builder will deliver 123 low-rise townhomes in this final phase, bringing the total number of residences in the community to 837. 

Minto is offering three collections including Courtyard Homes, Terrace Homes and Sky Villas ranging from the mid $300s to the $500s. Each residence is a contemporary blend of urban, suburban and resort lifestyles.

The Courtyard Home floorplans include two to three bedrooms, two to three baths and all have a two-car garage. The residences range from 1,466 square feet under air to 1,725 square feet under air and priced from the mid $300s.
  
“We’re very excited to move forward with the final phase of Artesia,” said Steve Svopa, vice president of Minto Communities. “Between the luxurious home designs, world-class amenities and ideal location, Artesia provides a lifestyle second to none.”
  
For a complete copy of the company’s news release, please contact:

Ashley Fierman
Account Executive, BoardroomPR
O 954-370-8999
C 954-330-1554
Bank of America Plaza | 1776 N. Pine Island Road

Suite 320 | Plantation, FL 33322

MVP REIT Reports Second Quarter 2016 Results


 
Mike Shustek
 SAN DIEGO, CA – MVP REIT, Inc. announced it has filed its quarterly report on Form 10-Q for the quarter ended June 30, 2016. 

For the three months ended June 30, revenues were $2,056,000, as compared to $1,060,000 for the same three-month period in 2015, equal to a 94 percent increase in total revenue.

 For the first six months of 2016, total revenue increased by 126 percent to $3,949,000, compared to $1,748,000 for the first six months of 2015.

During the first six months of 2016, MVP REIT completed eight acquisitions valued at approximately $32 million, bringing its total investment in real estate to approximately $113.6 million in 25 properties.

Full results for the three- and six-month periods may be reviewed in MVP REIT’s quarterly report, available free of charge at www.sec.gov. 

“We are pleased with MVP REIT’s results over the last six months, and are excited to see the growth in our portfolio of properties,” said Mike Shustek, chairman and chief executive officer of MVP REIT.

“Aggregate rental revenues from properties we have held for more than one year also increased on a year-over-year basis. We believe we have deployed a successful strategy for growing revenues at our parking locations and look forward to capitalizing on this strategy in future quarters.”

For a complete copy of the company’s news release, please contact:

Julie Leber
Spotlight Marketing Communications
949.427.5172, ext. 703

Thursday, August 11, 2016

JLL Completes Three Leases for Black Rock Coffee Bar’s Arizona Market Entry




PHOENIX, AZ – On behalf of Black Rock Coffee Bar, the Phoenix office of JLL has completed three leases as part of the company’s Arizona market entry. Black Rock’s first three Arizona coffee shops will be located in Chandler and Mesa, in the eastern portion of metro Phoenix. Each will offer specialty coffee beverages and breakfast and lunch options, delivered in a neighborhood-centric atmosphere.

“Our teams are fueled by serving people,” said Black Rock Coffee Bar Arizona Regional Manager Bobby Kaufmann. “That makes every new store – and especially an expansion into an entirely new state – a true honor. We look forward to building our presence in Arizona, establishing quality connections with its residents and becoming a part of their stories.”

Tyson Switzenberg
Black Rock Coffee Bar’s first Arizona locations are:

·       4050 S. Alma School Rd. in Chandler (Alma School Road & Ocotillo Road), opening October 2016.

·       5329 S. Power Rd. in Mesa (Power Road and Ray Road), opening November 2016.

·       1150 S. Arizona Ave. in Chandler (Arizona Avenue and Loop 202), opening March 2017.

“Black Rock has selected three excellent locations for their Arizona roll-out,” said JLL Senior Vice President Tyson Switzenberg, who represented Black Rock Coffee Bar in its Arizona leases.

“Each is a highly visible, free-standing or end-cap drive through location, in the heart of an active community and surrounded by popular retailers. They have successfully planted their flag in Arizona, with more locations to come.”

Based in Portland, Oregon, Black Rock Coffee Bar currently operates 32 company-owned and franchise stores in Oregon, Washington and California. 

It is expanding in each of these markets and expanding the Black Rock concept in other Western states via its three new locations in Arizona and two new stores planned in Idaho.

In Phoenix, the company is still actively looking for additional locations, with plans to open several more stores in the Valley over the next 12 months.

Black Rock store interiors feature an industrial, modern and clean aesthetic. Each location serves single origin coffee, roasted in small batches and medium to dark blends. In addition to coffee, Black Rock Coffee Bars offer local pastries, smoothies, drinks for kids, juices and blended coffee drinks.

To follow the Black Rock Arizona rollout on Instagram, Facebook and Twitter, search @blackrockaz on any of these social media platforms.

For a complete copy of the company’s news release, please contact:

Stacey Hershauer
 Phone:
 +1 480 600 0195
  Email:
 

BKM Capital Partneers Acquires Seven-Building Multi-Tenant Light Industrial Park in Las Vegas, NV for $15.65 Million

  
Spencer Airport Center, Las Vegas, NV

            LAS VEGAS, NV,  Aug. 11, 2016 – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Spencer Airport Center, a seven-building 177,597 square-foot multi-tenant industrial park in Las Vegas, Nevada for $15,650,000.

            This is the BKM’s fourth acquisition in the Las Vegas market, bringing the firm’s local assets under management to 710,538 square feet. 

Brian Malliet
            “The Las Vegas airport submarket in which Spencer Airport Center is located, has demonstrated tremendously high occupancy and consistent demand that is significantly outpacing supply,” says Brian Malliet, CEO and Co-Founder of BKM Capital Partners.

“Quality market fundamentals and ongoing growth in the region make our below-replacement-cost and significantly below peak pricing, acquisition of this asset particularly noteworthy.”

            BKM purchased Spencer Airport Center at more than 40 percent below replacement costs, according to Malliet.

            “We focus on acquiring assets with intrinsic value that can be grown over time through our unique operator platform,” he says.  “Because we specialize in light industrial product, our team understands how to operate these properties in order to deliver optimum performance over time, resulting in strong yields for our investors.”

            Malliet explains that the region surrounding Spencer Airport Center boasts 92 percent occupancy and is continuing to thrive. Nevada added more than 32,700 jobs over the past year, and its tax incentives continue to drive industrial tenants to the area. The property itself is approximately 78 percent occupied.

Brett Turner
“The property’s low occupancy, coupled with strong demand throughout the region will provide immediate stabilized cash flow and the opportunity to increase NOI as we begin to lease vacant space,” says Malliet. 

“In addition, in-place rents are currently 10-18 percent below market value, delivering a deeper opportunity for increased revenue as leases begin to roll.”

      According to Brett Turner, Director of Acquisitions at BKM Capital Partners, “This acquisition further expands our foothold in the Las Vegas market. 

"We plan to utilize our existing presence and local property management infrastructure in order to decrease operating costs and increase overall revenue for the asset. During escrow we were able to leverage our existing Las Vegas platform to increase occupancy by 10%, already exceeding underwriting.”

For a complete copy of the company’s news release, please contact:

Lexi Astfalk/Jenn Quader
Brower, Miller & Cole
(949) 955-7940





Hold-Thyssen Negotiates Sale of New Port Richey, FL Building in the Gateway Revitalization District

  
Carol L. Kinnard
New Port Richey, FL --- Carol L. Kinnard, transaction specialist at Hold-Thyssen, LLC, a commercial real estate services firm with offices in Clearwater, recently brokered the sale of the historic building at 5323 Main St. in New Port Richey.

Kinnard, who represented James H. Rinker and Audrey A. Rinker, the sellers in the transaction, said the 1,600 square foot free-standing building is part of the Gateway District within the City of New Port Richey.  

Built in 1954, it has a mural painted on its exterior depicting area stilt houses in the Gulf of Mexico. 

The buyer, Dr. Vivian Montemayor Robinson paid $120,000 for the property and has plans to move her chiropractic office to the location.

5323 Main Street, New Port Richey, FL
Hold-Thyssen provides commercial property and leasing and management services to institutional and private investor clients nationwide. 

The 40-year old firm’s current portfolio includes more than100 commercial properties throughout the United States.

For a complete copy of the company’s news release, please contact:

Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com



Wednesday, August 10, 2016

Meridian Capital Group Arranges $13.2 Million in Permanent Financing for the Purchase of an Office Property Located in Miami, FL


Noam Kaminetzky
New York, NY, Aug. 10, 2016,  – Meridian Capital Group, America’s most active debt broker, arranged $13.2 million in permanent financing for Arkadia Property Group to purchase an office property located in Miami, FL.

The ten-year loan, provided by a local lender, features an initial fixed rate of 4.25%. This transaction was negotiated by Meridian Managing Director, Noam Kaminetzky, who is based in the Company’s Boca Raton, FL office.

The property, Courthouse East, is located at 22 NW 1st Street in Miami, FL. The four-story, 56,025 square foot building is occupied by a single tenant who has a lease expiring in less than five years. 

Courthouse East is occupied by notable tenant, Miami-Dade County, who has some very challenging clauses in the lease, which are standard amongst government tenants.

“Because this lease is expiring in less than five years and had a number of unique and complex elements that were challenging, yet typical of government leases, some of the lenders we were approached shied away from the deal,” explained Mr. Kaminetzky.

“However, Meridian was able to demonstrate the strength of the deal and leverage its relationship with a local lender to obtain the financing,” he added. “We believe that this is the beginning of a strong relationship between Meridian and Arkadia Property Group, an innovative investment and development organization. We look forward to working on many more deals together in the near future.”

For a complete copy of the company’s news release, please contact:

Jonathan Stern
Meridian Capital Group
212/972-3600


Chatham Lodging Announces Monthly Dividend


WEST PALM BEACH, FL,  Aug. 10, 2016—Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 133 hotels wholly or through joint ventures, today announced that its board of trustees has declared a monthly common share dividend of $0.11 for August 2016.  

The common dividend is payable September 30, 2016, to shareholders of record on August 31, 2016.


For a complete copy of the company’s news release, please contact:

Patrick Daly
Office Manager
Daly Gray Public Relations Inc.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-300-8289

Graycor Construction Co. Promotes Kyle Walker and Geovanni Villalta to Senior Project Manager in Phoenix, AZ

  
 
Kyle Walker
PHOENIX, AZ, Aug.10, 2016 – The Southwest division of Graycor Construction Company has promoted Kyle Walker and Geovanni Villalta to the position of senior project manager – a move indicative of the company’s focus on growing its footprint of professionals in the Southwest and fully capitalizing on Graycor’s national platform and capabilities.

As Senior Project Managers, Walker and Villalta are responsible for cultivating client relationships and overseeing the execution of key construction projects, including major office, retail and mixed-use development, hospitality, tenant improvements and industrial facilities including distribution centers, manufacturing and cold storage.

“With more than 30 full-time employees, we have a deep bench of experts in the Southwest who are eager to build on their already strong understanding of the industry,” said Todd Ostransky, Graycor Construction Company General Manager – Southwest Division.

“Kyle and Geovanni are great examples of this core of experts. Recognizing and encouraging their dedication is one of the best ways we can continue to develop our people, resulting in superior services to our regional clients.”

Since joining Graycor in 2013, Walker has been integral in the development of ALDI Regional Headquarters and Distribution Center in Moreno Valley, California, Red Hook Academy in Las Vegas and Chandler Crossroads in Chandler, Arizona. He is currently managing the StitchFix.com distribution center expansion and preconstruction for the LaPour Camelback Collective project, both in Phoenix.

Giovanni Villalta
Villalta has worked for Graycor since 2011, most recently completing East Valley Commerce Center and the FedEx Ground distribution warehouse, both in Chandler, Arizona. Villalta is currently managing the development of Liberty Logistics Center II and the Bath and Body Works distribution center, both in Phoenix.

The promotions underscore Graycor’s strategic market expansion, which was initiated in April with an official name change to Graycor Construction Company and the relocation of its Southwest regional office to Washington and 44th streets in Phoenix.

The Phoenix team provides industrial and commercial construction services, including tenant improvement, and is rapidly growing its pipeline in the office, retail and hospitality arenas – a strategic move that maximizes the value of Graycor’s national platform.

Nationally, Graycor represents 95 years of building experience and employs more than 1,500 construction experts.

 Locally, the Graycor legacy extends over more than three decades, with a portfolio including Chandler Airport Center, AMC Esplanade Fork and Screen Conversion, Buckeye Logistics Center (including 600,000 square feet for Amazon.com), JW Marriott Hotels & Resorts Camelback Inn Renovation, Salvation Army Southwest Divisional Headquarters  and women’s shelter, FedEx Chandler Distribution Center, Home Depot Distribution Center, Mountain Vista Medical Office Building, and Sunrise Assisted Living of Chandler.

Tenant improvement and interior deliveries include Davis at Hayden Ferry Lakeside, StitchFix.com, InEight Hard Dollar and Southland Engineering at Papago Buttes, named among the Top 10 Offices in Arizona by AZRE Magazine.

For more information on Graycor’s capabilities or to discuss project opportunities in the Southwest market, please contact Jennifer Delaporte, Business Development Manager, at 480.889.7680 or Jennifer_Delaporte@Graycor.com.


For a complete copy of the company’s news release, please contact:

Stacey Hershauer
focusAZ
Marketing & Public Relations
(480) 600-0195


Tuesday, August 9, 2016

RMK Management Corp. to Oversee Leasing, Property Management of 1620 Central in Evanston, IL

  
1620 Central Apartments, 1620 Central Street, Evanston, IL


Anthony Rossi Sr.
CHICAGO, IL (Aug. 9. 2016) – RMK Management Corp., one of the Chicago area’s largest market-rate apartment management firms, announced it has been tapped to oversee all aspects of leasing and property management for 1620 Central, a 47-unit new-construction luxury, boutique rental building located at 1620 Central St. in Evanston, Ill.

The four-story building with below-grade parking, developed by TJM Development, Inc., is currently under construction with on-site pre-leasing to begin in fall 2016. Real Capital Solutions, Inc. and First National Bank provided financing for the project.

“The Central Street corridor is a neighborhood we know well, so this property is a great fit for RMK,” said Anthony Rossi, Sr., CEO of RMK Management. 

“We also know, through our successful experience leasing and managing the nearby Central Station community that is 98-percent leased, there are very few new-construction luxury rental options in north Evanston, so we expect demand to be quite high.”

1620 Central will offer one-, two- and three-bedroom apartments, each with private outdoor space. Residences will measure 601 to 1,297 square feet and include luxury finishes such as 9-foot ceilings, quartz countertops, a key fob entry system, luxury plank flooring, modern cabinets and high-end plumbing fixtures.

For a complete copy of the company’s news release, please contact:

Sara Williams, swilliams@taylorjohnson.com, (312) 267-4510

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527

The Summit at Fritz Farm Brings Marine Layer to Kentucky


Lindsay Bayer Shipp

LEXINGTON, KY, Aug. 9, 2016 — Marine Layer, a San Francisco-based casual apparel and lifestyle brand, is the latest first-to-market retailer to join The Summit at Fritz Farm, a $156 million mixed-use development in Lexington, Kentucky.

When the property opens in the spring of 2017, it will include more than 20 new-to-Kentucky brands including Bonobos, Cos Bar, Shake Shack, J. McLaughlin and Brooks Brothers.

Marine Layer was founded in 2009 and currently has 20 locations nationwide. Offering men’s and women’s apparel that is absurdly soft and sustainably crafted, 

Marine Layer features a variety of stylish clothing options including tees, button downs, outerwear, dresses, bottoms, swimwear and accessories, all of which are made with the perfect fabric for each unique product. 

The fabric-obsessed company has more than 25 custom fabrics to create the super soft tees and clothing for which the brand is famous.

“Our expansion strategy is to open new stores in exciting towns we want to travel to,” said John Ferrin, brand manager of Marine Layer.

“There has been a lot of fantastic energy coming from Lexington during the past few years, and we have taken notice. By opening a location at The Summit at Fritz Farm, we look forward to introducing Lexington to the stylish comfort and seven-day-weekend California lifestyle Marine Layer offers.”

John Ferrin




The high-quality yet laid-back vibe of Marine Layer will be a perfect addition to the incredible retailers we have in store for Lexington,” said Lindsay Bayer-Shipp, retail brand strategist for Bayer Properties.

“We are excited that so many retailers and restaurants are choosing The Summit at Fritz Farm for their first Kentucky location. 

"The market has been underserved for retail, especially for some of the newer retail offerings, and The Summit at Fritz Farm will fill that void and become a true regional destination.”

The Summit at Fritz Farm, which will open in the spring of 2017, will feature national and regional retail brands, local chef-driven restaurant concepts, the first food hall in the region, Class A office space and luxury apartments.

For a complete copy of the company’s news release, please contact:

Savannah Durban
The Wilbert Group
Tel: 404-343-0870



BLT Enterprises Further Expands in San Diego, CA: Acquires 30,000-SF Office Building in Sorrento Mesa Submarket


Sorrento Tech III, Sorrento Mesa Submarket,  10070 Barnes Canyon Road,
San Diego, CA

Bernard Huberman
SAN DIEGO, CA (Aug. 9, 2016) –  BLT Enterprises, a multi-faceted commercial real estate investment company, has acquired Sorrento Tech III, a 30,000 square-foot flex building in the Sorrento Mesa submarket of San Diego, California.

The property is located adjacent to Sorrento Tech II, a two-building office and R&D campus, which BLT Enterprises acquired earlier this year, according to Bernard Huberman, Founder and President of BLT Enterprises.

            “Sorrento Mesa is at the center of San Diego County and is one of the most dynamic technology and life science employment hubs in all of San Diego,” says Huberman. “We see tremendous value creation here as tech tenants continue to flock to the region, as well as significant growth within the life science industry.”

The Sorrento Mesa submarket is home to major tech tenants including Qualcomm, Sony and Verizon. In addition, it has demonstrated strong employment growth and quality demographics with 37,300 new jobs added to the market in 2015 alone, and average median household incomes of $151,237 within a one-mile radius of the business park.

“As owners, we are focused on acquiring and developing properties that will attract quality long-term tenants and appeal to the tenants’ overall needs,” explains Huberman.

“By acquiring this asset, which brings our holdings to close to 100,000 square feet within the business park, we will be able to provide a more campus style setting for tenants. This campus-like environment will allow us to better cater to the growing population of companies who are demanding more collaborative and creative environments.”

Rob Solomon
The building is currently 33% percent leased with approximately 20,000 to 30,000 square-feet of available space, according to Rob Solomon, Chief Development and Legal Officer at BLT Enterprises, who also notes that rents throughout the Sorrento Mesa submarket are outpacing rents in the greater San Diego area.

“We plan to lease the remaining vacant space, as well as implement a series of capital improvements to the property. This will help to attract high caliber tenants while also creating an opportunity for continued rent growth over time,” says Solomon.  “In addition, the flexible entitlements and functionality of this asset allows for a range of uses, including R&D, creative office and lab space.”


For a complete copy of the company’s news release, please contact:

Devin Ugland/ Lexi Astfalk
Brower, Miller & Cole
(949) 955-7940

First Communities Management Promotes Jon Nixon to Chief Operating Officer


Jon Nixon
ATLANTA, GA (Aug. 9, 2016) – First Communities Management (FCM) announced today the appointment of Jon Nixon to the position of chief operating officer. Nixon has been with FCM for five years and previously held the position of executive vice president of corporate services, where he led a number of internal operational involvement initiatives.

In his new role, Nixon will oversee the company’s overall business development strategy and new client acquisitions.

“Since joining the company, Jon has shown tremendous knowledge of the multifamily industry and dedication to helping FCM continue to grow its business,” said Mitch Harrison, CEO and president of FCM. “Jon’s outstanding leadership abilities will serve the company well as we seek to expand our portfolio and continue to deliver on our promise of providing superior service.”

Prior to joining FCM, Nixon worked as a broker for Grubb & Ellis and a real estate consultant for Thomson Reuters. He holds a Bachelor of Arts in Business Administration from Furman University, and a Master of Business Administration from Emory University’s Goizueta Business School.

For a complete copy of the company’s news release, please contact:

Savannah Durban
The Wilbert Group
404-343-0870

Monday, August 8, 2016

Lincoln Harris Brokers Two Office Leases in Raleigh, NC


Kaler Walker
RALEIGH, N.C. (Aug. 8, 2016) — Lincoln Harris office has secured two office leases in Raleigh, North Carolina. The details of the transactions are below:

·      Bio-Tech Prosthetics and Orthotics of Raleigh, Inc., signed a 3,182-square-foot lease at Sunset Ridge I, a 15,000-square-foot building located at 3909 Sunset Ridge Drive.

Kaler Walker of Lincoln Harris represented the landlord, Velocis Sunset, L.P., in the transaction and David Peterson of Sperry Van Ness/HPW Commercial represented the tenant.

·      CIC Construction Group signed a 1,542-square-foot lease at 5540 Centerview Drive, an 88,674-square-foot building. John Mikels and Walker of Lincoln Harris represented the landlord, True North Management Group, in the transaction, and Patrick Blackley of Trinity Partners represented the tenant.

Through its affiliation with Lincoln Property Company, Lincoln Harris provides clients with a national platform and unparalleled institutional resources including more than 6,800 employees in 47 administrative offices across the nation.

John Mikels

The company manages more than 150 million square feet and last year completed more than $2 billion in real estate transactions on behalf of clients.

Lincoln Harris team members take pride in developing and implementing comprehensive national real estate programs for their clients and cultivating a sense of trust in the communities they serve and the individual transactions they service.

   For a complete copy of the company’s news release, please contact:

Savannah Durban
The Wilbert Group
404-343-0870

Lincoln Property Company Secures Two Leases Totaling 128,000 Square Feet at Westridge Logistics Center in McDonough, GA

  
Denton Shamburger
ATLANTA, GA (Aug. 8, 2016) – Lincoln Property Company Southeast (Lincoln) has secured two industrial leases totaling just over 128,000 square feet at Westridge Logistics Center, located in the South Atlanta submarket of McDonough, Georgia.

Denton Shamburger of Lincoln represented Hillwood (Landlord) in both transactions. Details are below:

A company has signed a 14,918-square-foot expansion in Building 100. The company now leases 30,090 square feet at the building.

Another company has renewed its 113,104-square-foot lease in Building 200. Transwestern and E. Smith Realty represented the tenant.

The two-building Westridge Logistics Center was built in 2007 and totals 324,112 square feet. The rear loading project features a high dock door to SF ratio, generous truck courts, trailer storage, close proximity to numerous amenities and boasts two convenient access points to Interstate 75.

  For a complete copy of the company’s news release, please contact:

Savannah Durban
The Wilbert Group
404-343-0870