SugarOak Announces Acquisition of Crossings Centers IV & VI

Herndon, VA – April 12, 2010… SugarOak, a Virginia based owner/developer of commercial properties, announced the acquisition of the Crossings Centers IV & VI, 53,000 sq ft and 110,000 sq ft, in Norcross, Georgia. Crossings Center IV is located off of Peachtree Parkway and is comprised of five separate buildings. Crossings Center VI is located off of Holcomb Bridge Road, within the Town of Norcross, and is comprised of nine separate buildings. “We see tremendous upside potential for Crossings Centers IV & VI,” said John MacDonell, Asset manager for SugarOak. “We will move aggressively to revitalize the properties and are confident that they can once again be two of the premier office parks within the area.” About SugarOak Properties SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.