A BURST OF NEW BUSINESS AT GEORGIAN PLACE

Somerset, Pennsylvania – October 21, 2010 – The last few weeks have been busy for new Shopkeeper, Jessica Darr, who will open Broken Spoke Mercantile this weekend at Georgian Place in Suite 312 (formerly Van Heusen). The Grand Opening will take place this Saturday, October 23rd from 10AM to 6PM and Sunday, October 24th from Noon to 5PM. “Ideally, I was looking for a central location and well known landmark that sees both local traffic and visitors from outside the area”, Darr said. “Prior to opening, I had set up a small product offering inside Sugar Grove Shoppes at Georgian Place and quickly saw the potential for my own business. The merchants here all work together and the environment has so much energy.” The store will feature furnishings and accessories – from early American and primitive to country and rustic, Textiles, Specialty foods, Garden and outdoor items, Pottery and tableware, seasonal items, and much more. In addition to the newest retail store in the shopping & office village, two new offices recently opened at Georgian Place, The Learning Lamp and PathStone. The Learning Lamp is a non-profit agency dedicated to providing the support students need to succeed in the classroom. Melissa Rager, Assistant Education Director, said “We chose the office suite at Georgian Place because it gives us plenty of room and we love the outdoor space for our students.” PathStone recently opened in one of the newly renovated Professional Suites. They offer Training and Employment Services to seniors. “The center has a very nice, cohesive quality to it. The strategy with any multi-use center is to create a mix of businesses that will benefit each other, said Tonya Spangler, VP of Leasing & Sales at the property. Those who make an appointment with Dr. Basala may also stop by Fresh Eats Bistro for lunch, browse the new styles at BonWorth, or check out the shelves at Pages & Light Bookshop.” Over the last year some of the businesses, along with center representatives of Georgian Place, have been meeting to form a Merchants’ Association and plan popular community events such as the Scarecrow Festival and, upcoming, the traditional Safe Halloween Trick or Treat and holiday kick off. “I think everyone realizes that we can all join forces and make something really special happen,” said Barb Will, who owns SugarGrove Shoppes. “It is a unique and special property. I couldn’t be happier about my location.” In 2005 SugarOak Properties converted the 182,000 square feet former Outlet Center at Georgian Place into a full-service business condominium -- providing office, retail, medical and service users with an opportunity to purchase or lease ready-to-use space at below market prices. The new retail and office Tenants join Precision Fitness, Factory Brand Shoes, Somerset Sewing Center, blubaughsmusic.com, Cottage Pine Antiques, Pet Boutique, Priority Healthcare, Vitamin World, Affordable Art, Somerset Co. Building Inspections, American General Finance, Neurological Institute of Western PA & Boyer Financial Planning, to name a few of the over 35 shops and businesses that make up Georgian Place. 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.

Chestnut Health Systems Expands at Crossroads Center

BLOOMINGTON NORMAL, ILLINOIS – October 1, 2010 – Chestnut Health Systems, a leading provider of behavioral health care services, has expanded their current space of 22,346 square feet by taking on an additional 3,498 square feet of space at Crossroads Center. Chestnut Health Systems has six facilities throughout Central Illinois, and has been an owner at Crossroads Center since 2008. The expansion is exciting news not only for the company but for Crossroads Center which was able to make the expansion effortless and immediate to accommodate their growing needs.

Chestnut Health Systems is a leading provider of behavioral health care services. For over 35 years, Chestnut has grown to 700 employees providing care at multiple substance abuse and mental health treatment centers in Central and Southern Illinois. Chestnut has been assisting people by providing leading-edge behavioral health and human services. Their programs and services are designed to help people meet life’s challenges, thereby rebuilding lives and restoring families.

Managed by SugarOak Management Services since 2005, Crossroads Center is located on Wylie Drive in Bloomington Normal and encompasses over 248,000 square feet of retail stores and office spaces including Bronze Giraffe Antique Mall, Sugar Art, ACC Electronix, Show Me Dough, Digital Copy Systems and AFNI. 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. For more information on Crossroads Center - www.crossroadscenter.net For leasing inquiries at Crossroads Center, please contact: Andy Walsh (703) 471-7332

Holland Town Center - Time For a Change

HOLLAND TOWNSHIP -- With occupancy of the Holland Town Center at less than 50 percent, the owners of the Holland Township retail property felt it was time for a change.

With cooperation from its neighbor to the west, Nelis' Dutch Village, construction is under way on a new two-lane road that will not only serve two of the center's main tenants -- the Gap and Carter's Children's Wear -- but mark the start of a transformation of the Town Center into a mixed-use property that eventually will include offices, restaurants and possibly uses such as research and development.

As a result, however, the Dutch-themed drawbridge that connected the Town Center to Dutch Village is being taken down. The drawbridge will be replaced by a standard pedestrian bridge, to be built using recycled materials from the drawbridge, that still will connect the two properties, said Joe Nelis, president of Dutch Village.

"We think it'll create a little excitement, to re-energize the center and get some potential tenants," Nelis said.

Holland Town Center, which was built in the late 1980s and originally known as Manufacturers Marketplace, enjoyed initial success as an outlet mall. But as shopping patterns changed and more people began using the Internet to shop, outlet malls faded in popularity. The Town Center soon found itself with more vacant spaces than tenants.

Enter SugarOak Holdings Inc., a Herndon, Va.-based real estate development firm that acquired the 215,000-square-foot Town Center last year from Horizon Group at a cost of more than $2.7 million. The company specializes in redeveloping former outlet malls into mixed-used properties. "Usually, (outlet malls) couldn't sustain themselves, as far as occupancy was concerned," said Andy Walsh, SugarOak vice president of sales and leasing.

The company has had success redeveloping a former outlet mall northeast of Indianapolis into a mixed-used property, and Walsh believes the Town Center's location near U.S. 31 makes it an attractive property for redevelopment. "Locationally, it's fantastic," he said.

SugarOak has renewed leases with the Gap and Carter's, and hopes to retain other businesses in the center, such as Harvest Antiques, a 20,000-square-foot antique mall, and the Lost City, a popular "laser tag" amusement center. But the company is also changing how it offers space to potential clients, by giving them the option to buy space under a condominium-type arrangement.

"It's essentially a move-in ready product," Walsh said. "You can walk in, turn on the lights and operate tomorrow."

Besides retail, Walsh hopes to attract other uses to the center, including offices, light medical uses such as chiropractic centers, and possibly research and development firms.

Meanwhile, Joe Nelis is hopeful a revitalized Town Center will help draw additional business to Dutch Village, an attraction that has been an anchor at the southeast corner of U.S. 31 and James Street for more than a half-century.

"(Shoppers) will be able to look at the heart of the theme park and see what we've done the last three to four years to make it more kid-friendly and family-focused," Nelis said.

Some parts, such as the counterbalance from the old drawbridge, could end up being used at another Dutch-themed attraction: Holland's Windmill Island Gardens. Nelis has approached island officials about the idea.

Construction on the new road and nearly 100 parking spaces that will go along with it are expected to be completed by Thanksgiving, Walsh said.

AFNI Renews Lease at Crossroads Center

BLOOMINGTON NORMAL, ILLINOIS – September 24, 2010 – AFNI, Inc., a leading provider of outsourced business solutions to Fortune 500 companies, has renewed their current space for 5 years and taken an additional 4,793 square feet of space at Crossroads Center. AFNI has been a tenant at Crossroads Center since 2004, occupying over 14,000 square feet as one of four facilities located in Bloomington, IL. The AFNI renewal is exciting news not only for the company but for Crossroads Center which was able to make the expansion effortless and immediate to accommodate their growing needs. After recently being selected as a business partner of choice for a large corporation customer, AFNI has been asked to provide an additional 300 employees to support work being done in the Bloomington area. Two hundred and forty of these jobs will be added in Bloomington, while the remaining 60 will be seated in the company’s Peoria center. AFNI spans the United States, providing tailored call center, collections, insurance and debt purchase services to the nations leading companies. AFNI is a privately-held company, founded in 1936, with their corporate headquarters in Bloomington, IL. AFNI also has operations centers in Alabama, Arizona, Kentucky, Missouri and Texas for a total company population of more than 5,000 employees. For more information about AFNI, Inc. visit their website: www.afni.com

About Crossroads Center: Managed by SugarOak Management Services since 2005, Crossroads Center is located on Wylie Drive and encompasses over 248,000 square feet of retail stores and office spaces including Bronze Giraffe Antique Mall, Sugar Art, Chestnut Health Systems, Show Me Dough, Digital Copy Systems and AFNI. For leasing inquiries at Crossroad Center, please contact: Andy Walsh (703) 435-9335 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.