Super Shoes Opens In Old Courthouse Square Shopping Center, Martinsburg WV

DONE DEALS: GEORGIAN PLACE SIGNS NEW LEASES

Somerset, Pennsylvania – January 11, 2012 – Georgian Place Shopping & Office Village is pleased to announce they have signed a wide variety of new deals to ring in the New Year on a positive note. “The fourth quarter had strong activity, involving over 30,000 SF of space, which so far generated over 15,000 square feet of leases and purchase agreements, said Tonya Spangler, Vice President of Leasing and Sales for the center. “We are pleased to be working on details to solidify the remaining deals.”

The new leases are a mix of office and specialty retail, which continues to follow the strategic direction set forth by the owners of Georgian Place. Among the signed deals are, Fastenal, opening in February in Suite 403, Penn Highlands College Somerset Center, opening this month in Suite 315, Insurance Services, now open in suite 405, The Sewing Box Quilt Shop, now open in suite 311, and So Let’s Sew, opening later this month in suite 307. The Sewing Box Quilt Shop carries high quality cotton fabric for quilting, craft, and sewing projects, among other related accessories and gifts. So Let’s Sew will be the area’s Viking sewing machine dealer and both stores will conduct a variety of classes and work together to offer the best in sewing expertise and supplies in the entire region. Insurance Services, under the management of Mary Seng, will offer Somerset additional insurance choices. Fastenal will move their retail store in February, expanding the inventory to accommodate their customer base, while Penn Highlands is very excited to be able to offer a brand new space and amenities for their students. “This move is precipitated by our growth in Somerset County, said Pennsylvania Highlands Community College President Dr. Walter Asonevich. “This move will increase our number of classrooms from 2 to 3 and will also provide improved parking for our students.” Penn Highlands will seek additional location approval from Middle States Commission on Higher Education which will allow the College to offer degree completion at its’ Somerset site.

While new businesses were moving in, two existing specialty retailers expanded at the center. Pages & Light Used Books expanded to suite 314 to provide room for greeting cards, jewelry and gifts, and It’s New To You quality consignments moved to suite 415 and will expand the business to include even more items, including women’s clothing and accessories. In addition, a purchase contract was executed for the sale of an additional business condominium space to Michael Boyer, for the expansion of Boyer Financial Planning; and another condominium purchase agreement for a 5,000 square feet unit is planned to close in the first quarter. Also, formal letters of intent have been issued to “lease up” an additional 10,000 SF. This new activity will bring the facility to over 85% occupied.

“The center brings together many of the best businesses in the area, all in one convenient place, said Spangler. “It has been really exciting to see it evolve in the way we had planned.”

About Georgian Place:

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, Famous Footwear Outlet, blubaughsmusic.com, Cottage Pine Antiques, Broken Spoke Mercantile, Interim Healthcare, Vitamin World, Springleaf Financial, Laurel Arts Education and Dance Center, Pediatric Care Specialists, & Family Behavioral Resources, to name some of the over 35 shops and businesses at Georgian Place.

About SugarOak:

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.

On the Rise to Once Again Become Two of the Premiere Office Parks in Norcross, GA

Norcross, GA- Acquired in April 2010 as part of the newly formed SOF Real Estate Fund, Crossings Center on Holcomb Bridge and Crossings Center on the Parkway are in the process of aggressively being repositioned to once again become two of the premier office parks in the area.  Façade and interior renovations combined with new landscaping and signage are just a few of the improvements.  The recent upgrades and change in leasing strategy have produced results.  Multiple new leases have been completed to date totaling over 32,000 square feet, which equates to over a 20% increase in occupancy, from 48% to 69%.   Twelve renewals have also been completed totaling over 42,000 square feet.  Leasing and management now looks to maintain the momentum through the Fall and into 2012.  Please visit www.crossingscenter.net for more information on the property.     

Family Behavioral Resources Brings Specialized Care to Georgian Place

SOMERSET, PA—December 21, 2010 -- Georgian Place just became more “family-friendly,” as Family Behavioral Resources (FBR) has recently signed as the newest tenant. “We are enthusiastic about our new office space at Georgian Place,” said Rick J. Murray, Chief Operating Officer of Family Behavioral Resources. “We believe this new, convenient location will be more visible to the community, and most importantly, more accessible to our staff, families and individual consumers in need of strong behavioral healthcare that we have the privilege to serve.” About FBR Family Behavioral Resources (FBR) is a Pennsylvania-based organization that provides a variety of mental health services throughout Southwestern Pennsylvania. Founded in 1999, FBR’s mission is to provide services of the highest clinical integrity to its consumers and surrounding community. This commitment is evidenced by its national accreditation for three of its programs by the Commission on Accreditation of Rehabilitation Facilities (CARF). FBR has eighteen Behavioral Health Rehabilitation Services (BHRS) locations, four outpatient clinics, a Family-Based Mental Health Services Program, and extensive Autism Services offices in multiple counties. The agency also provides Trauma Services, Summer Therapeutic Activities Programs, Community Outreach for Minority Populations, and other means of outreach such as support groups, focus groups, workshops and conferences. FBR works collaboratively with three other organizations – the Autism Education and Research Institute (AERI), Achieving in Higher Education with Autism and Developmental Disabilities (AHEADD), and Specializing in the Treatment of Persons on the Spectrum (STEPS) Behavioral Consulting – to create the opportunity to provide a lifespan continuum of care for individuals with autism and related disorders here in Pennsylvania and throughout the United States. About Georgian Place 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. Family Behavioral Resources joins these and other professional offices at Georgian Place – Representative Carl W. Metzgar, Richard Grebosky, Podiatrist; Pediatric Care Specialists, Boyer Financial Planning, Highlands Chiropractic, Vittone Eye Surgical Associates, Somerset Nephrology, and Conemaugh Cancer Care Center. In addition, the center has numerous retail and service businesses within the revived village complex. 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 Georgian Place see: www.georgianplace.net

Leasing Activity at New City Center

Himalayas, an authentic Indian restaurant and caterer, has leased approximately 4,915 square feet of restaurant space, located at 709 N. Moore Avenue (with I-35 frontage) in New City Center, Moore, Oklahoma. Himalayas, previously operating in Norman, Oklahoma, offers a lunch and dinner buffet, seven days a week. Rick Pritchett, CCIM with Precor Ruffin and Micah Alcorn with Domain Commercial managed the lease transaction Jackie Puterbaugh, DVM, will open an after-hours emergency pet hospital in the 3,900 square foot, free-standing building, at New City Center, in Moore, Oklahoma. Dr. Puterbaugh received her degree in Veterinary Medicine in 2007 and has been practicing ER pet care since May of 2007 in Oklahoma City, Norman and Stigler, Oklahoma. New City Center is a 181,170 square foot multi-use shopping center, conveniently located at NW 5th and Interstate 35 in Moore, Oklahoma. Rick Pritchett, CCIM with Precor Ruffin managed the lease transaction.

Breathing New Life into Crossings Center

Recently acquired by SugarOak in April 2010, Crossings Center on Holcomb Bridge and Crossings Center on the Parkway are in the process of aggressively being repositioned to once again become two of the premier office parks in the area. Façade and interior renovations combined with new landscaping and signage are just a few of the scheduled improvements.

The recent upgrades and change in leasing strategy have begun to produce results; 11 new leases have been completed to date totaling over 19,000 square feet, which equates to a 12% increase in occupancy. Seven renewals have also been completed totaling over 20,000 square feet. Leasing and management now looks to maintain the momentum through the holiday season and into 2011.

Please visit http://www.crossingscenter.net/ for more information on the property.

About SugarOak

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

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.