First Global Real Estate Business Social Networking Site: GPDLink.com

BEVERLY HILLS, CA, /PRNewswire/ -- Global Property Database (GPD), An IRETO Company, has launched GPDLink.com (http://www.gpdlink.com/), an online


deal-making and capital-raising business social network for the real estate industry.

This new online platform will allow developers, owners and investors from around the globe a place to network and do business.

Unlike LinkedIn and other business social networks, GPDLink will be 100% focused on real estate. Membership to GPDLink is a free service. Members can also use the online deal-making exchange and connection systems of GPDDeal.com (http://www.gpddeal.com/), the sister site to GPDLink.com (http://www.gpdlink.com/).

"The goal is to bring all the professionals around the globe together," said Bryan Shaffer, IRETO Chairman. "In addition to deal-making and capital-raising services, we will have a strong labor-finding and company / services database. Washington has been slow to act on US real estate problems -- putting tons of skilled labor into the market. So, we are adding tools that will permit firms to find and hire that labor on either a temporary or permanent basis."
CONTACT: Kamia Taylor of IRETO, +1-310-285-1770, kamia.taylor@ireto.comWeb site: http://www.ireto.org/
http://www.gpdlink.com/
http://www.gpddeal.com/

Marcus & Millichap Relocates Melbourne Office to Prime Vero Beach, FL location

VERO BEACH, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has moved its Melbourne office to a new location in Vero Beach, according to Harvey E. Green, (top left photo) the firm’s president and chief executive officer.

The new address is 1701 Highway A1A, Suite 214, Vero Beach, FL, 32963. The new phone number is (772) 453-2400. The new fax number is (772) 453-2010.

Gene A. Berman, (top right photo) group managing director of the firm’s Florida offices and regional manager of the Fort Lauderdale office, will also serve as the regional manager of the Vero Beach office.

Along with the new Vero Beach office, Marcus & Millichap has five other offices in Florida: Fort Lauderdale, Jacksonville, Miami, Orlando and Tampa.
# # #
With more than 1,300 investment professionals in offices nationwide, Encino, Calif.-based Marcus & Millichap Real Estate Investment Services is the largest commercial real estate brokerage in the nation focusing exclusively on real estate investments.

In 2007, the firm closed $20.7 billion in transactions. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization; local market expertise; the industry’s most comprehensive research and analysis capabilities; state-of-the-art technology; and established relationships with the largest pool of qualified investors nationally.
http://www.marcusmillichap.com/

Press Contact: Stacey Corso, Communications Department, (925) 953-1716, scorso@marcusmillichap.com

NAI Realvest Negotiates $2.85M Sale Price for 42 Residential Acres in Windermere, FL

ORLANDO, FL-- NAI Realvest has negotiated the $2,850,000 sale price for 42 acres of residential land at 13340 Reams Rd. in Windermere.

NAI Realvest Principals Matt Cichocki, Kevin O’Connor and Steve Ruoff negotiated the transaction representing the buyer, Timberlock Partners LP, based in Orlando.

The Seller was Centex Homes, a Nevada general partnership. The buyer intends to develop the property for apartments.

For more information, contact:
Matt Cichocki or Kevin O’Connor, NAI Realvest, 407-875-9989
mcichocki@realvest.com; koconnor@realvest.com;

Janice Paiano, Marketing Director NAI Realvest 407-875-9989 jpaiano@realvest.com

Larry Vershel or Beth Payan, LV Communications, 407-644-4142 lvershelco@aol.com

HFF places $21M first mortgage for Thornberry Woods Apartments in Naperville, IL

HARTFORD, CT – The Hartford office of HFF (Holliday Fenoglio Fowler, L.P.) has placed a $21 million first mortgage loan for Thornberry Woods Apartments,(above centered photo) a 280-unit, Class A multifamily community in Naperville, Illinois.

HFF senior managing director Dana Brome (top left) and director Susan Larkin (top right) worked exclusively on behalf of a single-asset entity for a fund advised by the U.S. real estate business of UBS Global Asset Management.

The team secured the five-year, 4.79% fixed-rate loan through Hartford Investment Management Company. The loan will also be serviced by HFF.
Thornberry Woods Apartments is located on 21.43 acres at 7501 Gladstone Drive south of Interstate 80 in Naperville, a western suburb of Chicago.

Completed in 2002, the property has 14 residential buildings with one- and two-bedroom units averaging 929 square feet each. Community amenities include a fitness center, swimming pool, business center, clubhouse and 85 private garages.

“Thornberry Woods is located in Naperville, a top tier Chicago apartment market that was ranked by Money Magazine in 2006 as second in the ‘Top 100 best places to live in America’,” said Brome.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.

CONTACTS:

Dana E. Brome, HFF Senior Managing Director, 860 275 6199, dbrome@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

Global Sources to Buy Additional Shenzhen Office Space to Accommodate Expansion

US$34.7 Million Invested in 6,364.5 Square Meters Grade-A Office Space Locatedin the Heart of Shenzhen's Central Business District


HONG KONG, July 21 /Xinhua-PRNewswire-FirstCall/ -- Global Sources (NASDAQ:GSOL) has entered into contracts to purchase additional office space in Shenzhen's Central Business District, (middle photo) which will be leased to the Company's sales representatives, as part of their China expansion.

The total purchase price for the 6,364.5 square meters (gross) space, which consists of 3 floors in the Shenzhen International Chamber of Commerce Tower, is RMB 238 million (approximately US$34.7 million), and the completion of the property purchase is expected to occur in September 2008.

Global Sources' Chairman and CEO, Merle A. Hinrichs, (top right photo) said: "Shenzhen not only remains one of China's key manufacturing and export centers, it is an ideal location to recruit the best sales and trade talent in the industry."This brings our total office space in the city to over 15,000 square meters, which will accommodate our China sales representatives' plans to build a team of nearly 600 sales executives in Shenzhen."This represents our

further commitment to the Greater China market. We also believe that Shenzhen real estate in this location will appreciate in value over time."The new office space purchase expands the company's portfolio of real estate holdings in China, which includes its existing 9,000 square meters of office space in the Shenzhen International Chamber of Commerce Tower, bought for approximately US$19 million in 2004.

Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world to Greater China, and trade within China, using Chinese-language media.

Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.

CONTACTS:

Press contact in Asia: Camellia So, +852-2555-5021,cso@globalsources.com;

Press contact in U.S.: James W.W. Strachan of GlobalSources, +1-480-664-8309, strachan@globalsources.com;

Investor contact inAsia: IR Department of Global Sources, +852-2555-4777, investor@globalsources.com;

Investor Contact in U.S.: Kirsten Chapman ofLippert-Heilshorn & Associates, Inc., +1-415-433-3777, investor@globalsources.com

Web site: http://www.globalsources.com/

Southern Commercial Real Estate Advisors Completes a 89,644-SF Lease

ORLANDO, FL.-- Principals Tom Mcfadden SIOR and William “Bo” Bradford CCIM, SIOR of Southern Commercial Real Estate Advisors completed an 89,644 square-foot new lease at 7312 Kingspointe Parkway (Crownpointe IV)(top right photo) in Orlando, Florida.

McFadden represented the landlord, TR Crownpointe Corp. The tenant, Orlando Regional Healthcare System was represented by Bradford. As a result of this lease, the Crownpointe IV building is 100% occupied.

Media Contact: Celeste MacKenzie, Southern Commercial Real Estate Advisors, 321-281-8503, 20 N. Orange Avenue, Suite 605, Orlando, FL 32801
cmackenzie@southercommercialre.com

Orlando-based Mechanical Services, Inc. completes FedEx Central Florida Data Center’s computer room air conditioning system

ORLANDO, FL – Orlando-based Mechanical Services, Inc. (MSI) completed FedEx Central Florida Data Center’s computer room air conditioning systems expansion in Orlando.

MSI’s scope of work included installation of a state-of-the-art Liebert High Density Cooling System which provides precise close tolerance process-cooling for computer servers and racks. The “Pumped Refrigerant™” technology provided by Liebert Corporation reduces first costs and improves energy efficiency over traditional computer room air conditioning technology.

MSI performed the work under its contract with MAPP Construction and the construction team successfully maintained full operation of the FedEx facility during the expansion. “State-of-the-art mechanical systems are a critical component of today’s high-tech office environments,” said William M. Dillard, (top right photo) Chief Executive officer of MSI. “We are pleased to provide the latest in computer room systems to FedEx in Orlando.”

Based in Orlando, with an office in St. Petersburg, MSI is a leading mechanical contractor in Central and Southwest Florida. MSI was recently acquired by EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses.

Mechanical Services, Inc. completes work at Liberty Property Trust’s new LEED-certified Woodlands Corporate Center

TAMPA, FL – Orlando-based Mechanical Services, Inc. (MSI) completed heating, ventilating and air conditioning work at Liberty Property Trust’s new LEED-certified, 3-story, 94,690-square-foot Woodlands Corporate Center office building in Tampa, FL.

MSI’s scope of work included supply and installation of rooftop units with variable air volume boxes, exhaust fans and required ductwork.

CONTACT:
Kenneth H. Cristol, President, Cristol Marketing Company, 237 Hunt Club Blvd., Suite 102, Longwood, FL 32779 USA. PH 407-774-2515 FX 407-774-6647 khc@crismktg.com http://www.crismktg.com/ Strategic Marketing, Brand Management, Publicity and Advertising, and Corporate Communications

HFF closes $34 million sale of Cleveland’s 55 Public Square

CHICAGO, IL – The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of 55 Public Square, (above centered photo) a 22-story office building plus a seven-story, 439-space parking garage in downtown Cleveland.

HFF managing directors Jaime Fink (top right photo) and Jeff Bramson led the investment sales team on behalf of the seller, Willett Companies. Optima International of Miami purchased the property.

55 Public Square has 420,604 square feet of office space that is 84% leased to tenants including Climaco, Lefkowitz, Peca, Wilcox & Garfoli, LLC and Mansour, Gavin, Gerlack & Manos, LPA. The property is the central hub of Cleveland’s three rapid transit lines and is close to the federal, state and local courthouses.

“Downtown Cleveland is poised for the development of a new convention center and proposed medical mart facility that are both within walking distance of 55 Public Square,” said Fink. “If completed these would further diversify the tenant base in the building to include medical industry related tenants and tenants that need to be in close proximity to the convention center.”

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.

CONTACTS:

Jaime M. Fink, HFF Managing Director, 312 528 3650, jfink@hfflp.com

Jeffrey M. Bramson, HFF Managing Director, 312 528 3650, jbramson@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

Tampa's First Planned Leed-Certified Industrial Facility to be Developed by IDI

TAMPA, FL – Madison Business Center Building D, (top right photo)a 146,825-square-foot warehouse and distribution center, is the first industrial facility in the Tampa area designed to receive the U.S. Green Building Council’s (USGBC®) Leadership in Energy and Environmental Design (LEED®) certification.

The facility is expected to receive certification upon completion in second-quarter 2009. Currently in the design phase, construction on the facility is expected to begin in September 2008.

The LEED designation will mark an important milestone for IDI’s Florida Region, which is taking part in IDI’s company-wide sustainability initiatives. LEED is the USGBC’s program that establishes the standards for designing and constructing the world’s greenest, most energy efficient and high-performing buildings.

“As a company, IDI is committed to increasing our green practices over the long term and we’re proud to offer Tampa its first sustainable, Class-A industrial space,” said Scott Helms, senior vice president and regional development officer in IDI’s South Florida office.

“Tampa has continued to show a low vacancy rate and lack of sufficient Class-A space. Madison Business Center Building D will provide much needed inventory alongside its LEED-related benefits.”

Located in Tampa, FL, the Madison Business Center site is in the southeastern corridor of Hillsborough County directly off US Highway 41, south of Interstate 4 and west of Interstate 75. Situated approximately 15 minutes from downtown Tampa Bay, five minutes from the Tampa Bay port and 30 minutes from the airport, the location is the primary industrial corridor for the Tampa Bay market.

The new building will be a replacement for the existing 147,197-square-foot Madison Building E, which has been leased in its entirety by American Tire Distributors. It will feature 30-foot clear-height ceilings and rear-loading accessibility.

CONTACT:

Charlotte Marie DuPre, Jackson Spalding for IDI, 404 214 3555. cdupre@jacksonspalding.com

Tanger Announces Plans for an Upscale Outlet Center Development in Phoenix, AZ

The Tanger Project Will Bring Phoenix Area Shoppers a Collection of 80 Brand Name & Designer Outlet Stores

GREENSBORO, N.C. /PRNewswire-FirstCall/ -- Tanger Factory Outlet Centers Inc. (NYSE:SKT), one of the nations leading shopping center companies, is announcing plans to build an upscale outlet shopping center in the western suburb of Phoenix, Arizona.

Strategically located at the South West quadrant of the 101 Loop & Camelback Road, the new, 330,000 square foot Tanger Outlet Center will be positioned in one of the fastest growing sections of the Phoenix market and only 30 minutes from some of the highest household incomes in the Phoenix Metropolitan area.

Tanger entered into a Purchase and Sale Agreement with HWWCC Development, LLC for the center's 30 acre+ site.The Tanger location is only 1/4 mile west of major league baseball's Chicago White Sox and Los Angeles Dodgers' new spring training facilities, which are currently under construction.

"The growing Phoenix market presents us with an excellent opportunity to expand the Tanger Brand and introduce the Tanger style of great outlet shopping, direct from the manufacturer, to millions of new, value-minded customers," stated Stanley K. Tanger, (top right photo) Chairman and Chief Executive Officer of Tanger Factory Outlet Centers, Inc.

The Tanger Outlet Center is scheduled to break ground in 2009 and open in 2010.

"We plan to build a world-class outlet shopping attraction that will offer Phoenix area residents and visitors upscale amenities and a collection of the world's most popular brand name and designer outlet brands," remarked Steven B. Tanger, (top left photo) President and Chief Operating Officer of Tanger Factory Outlet Centers, Inc.

"The center's strategic location and easy access to the region's major highways will make the new Tanger Outlet Center in west Phoenix convenient to shoppers throughout the Southwest," he added.

Tanger Factory Outlet Centers, Inc., (NYSE:SKT) a publicly traded REIT, presently has ownership interests in or management responsibilities for 31 shopping centers in 22 states coast-to-coast, totaling approximately 9.1 million square feet, leased to over 2,000 stores that are operated by over 400 different store brands.

For more information call 800-4-TANGER or visit http://www.tangeroutlet.com/.

First Call Analyst: FCMN Contact: paross@tangeroutlet.com

CONTACT: Mike Buescher, Tanger Factory Outlet Centers Inc., +1-336-834-6826, Web site: http://www.tangeroutlet.com/

Sale of The Colonnade in Addison, Texas closed

DALLAS, TX – The Dallas office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of The Colonnade, (top right photo) a Class AA, three-building office complex in Addison, Texas on behalf of Equity Office (a subsidiary of The Blackstone Group) and JP Morgan Investment Management, Inc.

The Property was acquired by CB Richard Ellis Investors on behalf of its Strategic Partners US 5 Fund for an undisclosed amount.

The Colonnade is comprised of three office towers totaling 1,036,975 square feet connected via a three-story, 70-foot glass atrium. Overall the properties are approximately 75% leased to tenants including Bank of America, New York Life, HQ Global, Network Appliance and Palm Harbor Homes.

Located at 15301, 15303 and 15305 North Dallas Parkway, The Colonnade is located in the Far North Dallas submarket between the President George Bush Turnpike and LBJ Freeway in Addison, approximately 12 miles north of Dallas’s central business district.

Blackstone is a leading global alternative asset manager and provider of financial advisory services listed on the New York Stock Exchange (NYSE: BX) with total assets under management of $113.5 billion as of March 31, 2008.

CBRE Investors is a global real estate investment management firm with approximately $42 billion in assets under management.

The firm sponsors investment programs across the risk/return spectrum for investors worldwide. During 2007 the firm made $11.7 billion of acquisitions in North America, Europe and Asia and completed $4.8 billion in dispositions.

CONTACTS:

Andrew Levy, HFF Senior Managing Director, 214 265 0880, alevy@hfflp.com

Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com

Tilt-Con completes new Ring Power-Riverview, Phase II, Caterpillar equipment dealership in Riverview, Hillsborough County, FL

TAMPA, FL – Orlando-based Tilt-Con Corporation completed the new 2-building, 34,125-square-foot Ring Power-Riverview, Phase II, Caterpillar equipment dealership located at 9797 Gibsonton Drive in Riverview, Hillsborough County, FL, under its contract with Stellar, Jacksonville, FL.

Selected for its unrivaled performance and speed of execution, Tilt-Con utilized its economical system for tilt-up concrete walls. Ranked as Florida’s largest tilt-up concrete constructor by Southeast Construction magazine, Tilt-Con’s scope of work included foundations, slab-on-grade and tilt-up concrete wall panels.

Tilt-Con Corporation completes new Quiet Waters Business Park, Buildings 4 and 5, in Deerfield Beach, Broward County, FL

DEERFIELD BEACH, FL – Orlando-based Tilt-Con Corporation completed the new 245,095-square-foot Quiet Waters Business Park, LLC, Buildings 4 and 5, (middle right photo) in Deerfield Beach, Broward County, FL, under its contract with Panattoni Construction, Fort Lauderdale.

The project was designed by RLC Architects, Boca Raton. Selected for its unrivaled performance and speed of execution, Tilt-Con utilized its economical system for tilt-up concrete walls.

CONTACT:
Kenneth H. Cristol, President, Cristol Marketing Company, 237 Hunt Club Blvd., Suite 102, Longwood, FL 32779 USA. PH 407-774-2515 FX 407-774-6647 khc@crismktg.com http://www.crismktg.com/ Strategic Marketing, Brand Management, Publicity and Advertising, and Corporate Communications

Marcus & Millichap Sells LA Fitness in Brooklyn Park, MN for $10.45M

BROOKLYN PARK, MN-– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of an LA Fitness net-leased asset, a 45,000-rentable square foot free-standing fitness center in Brooklyn Park. The sales price of $10.45 million represents $232 per square foot.

In conjunction with Solomon Poretsky, regional manager of the Minneapolis office of Marcus & Millichap, Patrick Weibel and Robert Bender, investment specialists in the firm’s Detroit office, represented the seller, Solomon Real Estate Group of Eden Prairie Minn. Marcus & Millichap also represented the buyer, Cole Capital from Phoenix.

“This property was an excellent opportunity for the buyer to acquire a net-leased Class A asset in a high-growth, high-income market,” says Weibel.

“Due to strong demographics and the growth of the Brooklyn Park market, it can be assumed that LA Fitness will be profitable and highly successful for decades to come,” adds Bender.

Located at 6600 96th Lane, LA Fitness is one of the anchor tenants in the Park Place Promenade, (top right photo) a 65-acre retail development situated in the northwest quadrant of the Interstate 610 and Zane Avenue intersection. Park Place Promenade is part of a master-planned community that includes more than 300 housing units.

Additionally, there are more than 3,300 new homes underway within a three-mile radius and a $1.75 billion Target, Inc. operations center that is forecast to create 30,000 new jobs.

Built in 2007, LA Fitness will operate under a 15-year absolute triple-net lease with rent escalations every five years. There are three five-year options to extend the lease, all of which have the same scheduled rent escalations.

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

aloftSM Ontario-Rancho Cucamonga Hosts Grand Opening Festivities

RANCHO CUCAMONGA, CA, July 18, 2008—Travelers to Rancho Cucamonga, California, are in for a special treat as the very first aloft hotel in the United States officially opened its doors in this Southern California city.


The opening of the aloft Ontario-Rancho Cucamonga was commemorated by a ribbon-cutting ceremony during a grand opening celebration at the property attended by company representatives and local officials.


Participants included Mayor Donald J. Kurth (top right photo); Ted Knighton, president, Hotel Operations, Interstate Hotels & Resorts; Paul Novak, managing director, The John Buck Company; and senior brand executives from Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT).

“Aloft is a new concept in ‘lifestyle’ hotels, targeted to meet the specific needs and desires of today’s savvy, design-conscious consumers who understand that great style can be both accessible and affordable,” said Ted Knighton.


“Starwood has gone to great lengths to create a new product that provides high design at an affordable price point, accessible technology, style and a social atmosphere. We are confident that aloft is a perfect complement to the Rancho Cucamonga hotel marketplace and believe it quickly will become a leader in its segment.”

The 136-room aloft Ontario-Rancho Cucamonga will be located at the northwest corner of 4th Avenue and Haven. aloft is the hotel component of a $60 million master-planned, mixed-use development called HavenPark, which is owned by L.A-based Hileman Co.


Guests can book directly through http://www.alofthotels.com/ which features the best rate guarantee and by calling 1-877-go aloft. Guests can also book via local travel agents. Rates for aloft hotels are market-driven, averaging $150/night. All aloft guests have the option to join and earn Starpoints in Starwood’s award-winning, industry leading Starwood Preferred Guest® program.

CONTACTS:

Chris Daly, Vice President, Daly Gray Public Relations, ph: 703-435-6293, chris@dalygray.com

Yani Duran, aloft Ontario-Rancho Cucamonga, Director of Sales, 909 484 1608,
yani.duran@aloftontario-rc.com

Mary Jane Orman, aloft hotels, 914 640 5287, mmailto:maryjane.orman@starwoodhotels.com