SUMMER BRINGS MULTI-MILLION DOLLAR BROKERAGE AND DEVELOPMENT DEALS FOR REALTY CAPITAL

ORLANDO, Fla. (September 7, 2005) – In a move representing the firm’s largest deal and its growing specialty in the development arena, Realty Capital is representing Florida Centres, Inc. in the leasing of West Volusia Towne Centre, a Kohl's anchored shopping center in Orange City. The center will consist of a Kohl's Department Store, which will open in October 2005, and an additional 170,000 square feet of retail shops scheduled to open in the third quarter of 2006.

“This project reflects the firm’s diversification in terms of scope of services and the great perspective we can bring clients, whether they’re buyers or sellers, landlords or tenants, or investors or developers,” says Jeff Brock, Realty Capital’s founder and CEO. “Realty Capital is growing right along with Central Florida, particularly with the growth of our investment and development services and the strength of our core brokerage services. Given the market forces and our firm’s growing expertise, we’re able to offer more opportunities to both our clients and our team.”

In addition, over the past three months, Realty Capital has sold nearly $9.3 million of commercial and industrial property and has leased more than 155,000 square feet of industrial, retail and office space throughout Central Florida. Representative projects include:

• The sale of a three-building, 103,000 square-foot complex at 927 Fern Street in Altamonte Springs. David Wright, vice president, and Jennifer Young, senior associate, represented the seller – Heliocol HQ Partnership. The buyer was MRP Investment LLC. The complex sold for $3.55 million.

• The sale of 1.74 acres at the northwest corner of Aloma and Lakemont. The property sold for $2.357 million. Jason Bantel, vice president, represented the seller -- Reinhartz Family Limited Partnership.

• The sale of a 12,000 square-foot high tech office building at 582 South Econ Circle in Oviedo. David Wright represented the seller – Ronald and Joan Remus. The buyer was DKM Investment LLC. The building sold for $1.375 million.

• The sale of a 2.02-acre property to three tenants at 4604 & 4616 South Goldenrod Road. The property sold for $840,000. David Parsons, senior associate, and Darryl Dotherow, senior associate, represented the seller -- Timothy & Theresa O'Donnell.

• The sale of 1.56 acres of industrial land in the Crowne Pointe Business Center in Winter Garden. Darryl Dotherow, senior associate, and Jason Bantel, vice president, represented the seller -- RC Four Inc. The buyer was Boyd Consulting Inc. The land sold for $350,000.

• The sale of a 2,414 square-foot office building at 540 W. Fairbanks. Jason Bantel, vice president, represented the seller. The property sold for $580,000.

• The leasing of a new 28,634 square-foot medical building at 737 West Oak Street in Kissimmee (which is 100 percent occupied). Charles Frederick, president, and Jason Bantel, vice president, represented the developer -- Atco.

• The negotiation of 21,200 square feet of industrial space at 7125 Viscount Row in Orlando Central Park. Morgan Wiseman, CCIM, senior vice president, represented the tenant -- Kid’s Quarters, Inc., a retailer of furniture and accessories for children and teens.

About Realty Capital – Realty Capital., is one of the few and largest privately held full service commercial real estate brokerages based in Orlando, Florida and operating in the seven-county Central Florida region. The firm consists of three divisions -- brokerage, property management and development services – and has a 40-member professional staff. Realty Capital has national and international capabilities through its affiliation with TCN Worldwide, a global network of firms in more than 210 markets worldwide with over 1,200 brokers.