SugarOak Announces Acquisition of Spalding Exchange Office Park in Norcross, GA

Herndon, VA - October 26, 2011 - SugarOak, a Virginia based owner/developer of commercial properties, announced the acquisition of the Spalding Exchange Office Park, 55,000 sq ft, in Norcross, Georgia.

Spalding Exchange is located off of Holcomb Bridge and is comprised of eight separate, Williamsburg style buildings. 

“We see tremendous upside potential for Spalding Exchange” said John MacDonell, asset manager for SugarOak. “We will move aggressively to revitalize the property and are confident it can once again be one of the premier office parks within the area.”

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 U.S. and Canada.

It's All in the Details -- in McLean, Va.

 At SugarOak, we are committed to meeting your needs with personalized service. The key to our success is a blend of quality craftsmanship, professionalism and a willingness to go the extra mile to fulfill your expectations. 

An example of such was the remodel and addition on a 1920s home, which brought us a new carpentry challenge. While simple in appearance, this beautifully understated arched opening to the porte-cochère was anything but simple. Prior to construction, the architect casually commented that he thought that “any good carpenter could do this,” but we knew that it would take one of the best and most experienced carpenters to achieve this detail.

Look closely and you will see that the cedar shakes are bent in two directions, and that the shakes have varying radius bends. Our site superintendent, a highly accomplished carpenter named Steve, designed and built a custom steam box, fueled by a water filled turkey fryer. He experimented by steaming and bending red and white cedar shakes to see which bent better across the grain.

He then created a custom press box to bend the shakes across the grain and a series of jigs to bend them with the grain. The steaming process started long before the arch was installed, as it took many days to steam and dry small batches of shakes.

Once dry but prior to installation, the shakes were primed on all sides. The arched shakes required slight beveled rips on both sides – a couple of degrees – to keep the joints consistent to the run.

The carpenter started installation at the center and worked towards each corner. Even steaming could not get a shake to accommodate the complex intersection vertical to the arch. Since lacing the shakes was not an option, a mitre was required. The verticals were coped into the arch and back cut to get the tightest possible fit. The arched shakes were similarly coped into the vertical sides. The end result is a stunning sweep of shakes that both curve into and rise up and over across the arched opening.

SugarOak has been building luxury custom homes, additions and remodeling since 1983. We firmly believe that building your “dream” home should be a thoroughly enjoyable experience. The SugarOak advantage is our team of professionals who provide an integrated, cooperative approach to the design and construction process.

If you would like more information about SugarOak Custom Homes, please contact Josila Smith at 703 435-9335 or go to http://www.sugaroak.com/

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

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

Whole Pet Central to Open at BB&T Centre in Herndon

HERNDON, VIRGINIA – November, 2010 – Whole Pet Central, an all natural pet supply business, has signed a 5-year lease for 1,840 square feet at BB&T Centre in Herndon, VA. The shopping center, located at the intersection of Herndon Parkway and Elden Street, was established in 1989, and is managed and operated by SugarOak Management Services.

John McGeehan, co-owner of Whole Pet Central, said: “We wanted to open a store that focused on higher quality foods for pets that didn't contain a lot of the inferior ingredients that we noticed a lot of foods carried including artificial preservatives and chemicals. Our foods are a higher quality and don't contain common allergens such as corn and wheat.” BB&T Centre in Herndon will be the third location McGeehan, along with co-owner Liora Robinson and Bob Irvin has opened since 2005. McGeehan said each location has had a great response from its customers and he is excited to see a new store open in the Herndon area. “We think it’s an area with a lot of dedicated pet owners that would be very interested in the types of food that we sell,” McGeehan said. The retail store, which will hold their Grand Opening on November 13, 2010 from 10 a.m. to 6 p.m., will feature healthy, all-natural food, treats and supplements for dogs, cats, and small mammals. Whole Pet Central will carry a complete line of natural products for pet’s nutrition; such as dry, canned or raw food including ones that are frozen and dehydrated as well as grooming and other pet supplies like leashes, collars, furniture and toys. Be sure to stop by on the Grand Opening and receive 20 percent off in-store purchases. Local business Bark n’ Bubbles will offer free dog nail clipping and ear cleaning services. There will also be drawings for pet merchandise, such as dog beds and cat trees, as well as a free year of food valuing up to $600. Whole Pet Central is located between Liberty Tax Services and Crystalis in the BB&T Centre, 304 Elden Street, at the intersection of Elden Street and Herndon Parkway. Store hours will be Monday through Friday, 10 a.m. to 8 p.m., Saturday from 10 a.m. to 6 p.m. and Sunday from 11 a.m. to 6 p.m. Pets are welcome to the shop with their owners as long as they are leased. For more information visit: www.wholepetcentral.com About SugarOak SugarOak (www.sugaroak.com) 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

Redevelopment of Holland Town Center Commences

Phase I of the Mixed-Use Redevelopment of Holland Town Center Commences

In addition, SugarOak will be converting Buildings A & B to mixed-use retail/office/medical business condominiums. SugarOak’s vision for the redevelopment of Holland Town Center is to create a vibrant mixed-use center, where retail, office, medical, restaurants and even R&D/tech users will call home.

In July 2009, SugarOak purchased the Holland Town Center, previously known as the Holland Outlet Mall from Horizon Properties. SugarOak has extensive experience with revitalizing similar centers around the country, and plans to do the same for Holland Town Center by providing retail and office users with an opportunity to lease or purchase ready-to-use space at below market prices.

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.

For more information on Holland Town Center see: http://www.hollandtowncenter.com/

For Leasing or Condo Sales info call Andy Walsh at: 616-396-1808

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.

Paradise Indian Cuisine to Open at BB&T Center in Herndon

HERNDON, VIRGINIA – February, 2010 – Paradise Indian Cuisine, a restaurant specializing in Southern Indian cuisine, has signed a 5-year lease for 3,620 square feet at BB&T Centre in Herndon, VA. The shopping center, located at the intersection of Herndon Parkway and Elden Street, was established in 1989, and is managed and operated by SugarOak Management Services. Paradise Indian Cuisine will be the fourth restaurant at the Center, joining Euro Café, Bagel Café and Milwaukee Custard. Sudhakar Reddy, owner of Paradise Indian Cuisine, said: “The BB&T Centre not only offers the ideal location for a restaurant in Herndon, but the shopping centre also offers good parking and a very good management company that keeps the centre clean with a good rental rate.” The restaurant will be offering a full range of the increasingly popular Southern Indian cuisine, including house specialty Palak Panner, Tandoor Chicken and Butter Chicken, as well as a lunch and dinner buffet and Indo-Chinese dishes. Paradise Indian Cuisine is currently open for full service dining and catering with plenty of room for seating both inside the fully renovated interior and outside on the patio (weather permitting). 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