REALTY CAPITAL TAKES INDUSTRIAL & OFFICE CENTERS CONDO

Commercial Condo Space Now Available to Public

ORLANDO, Fla. (September 13, 2005) – While the residential condominium movement in Central Florida has been nothing short of phenomenal, Realty Capital is helping bring about the region’s next phase in “condominium-izing” – industrial and office condos.

The firm, in partnership with FlexxSpace Management and FlexxSpace Condos, has converted the Sunport Commerce Center near Sand Lake Road and the Crossroads Business Center on S.R. 436 in Winter Park into commercial condominiums for ownership. (Note to editors: photography available.) Both are now available to the public. Units are selling to investors with in-place leases, as well as vacant spaces for owner users.

“These office and industrial condos fit perfectly with the booming Central Florida market and the small business growth we are experiencing,” says Jason Bantel, vice president of Realty Capital. “They are uniquely positioned to meet the needs of small to mid-sized companies, such as entrepreneurial businesses, engineers, accountants, architects, medical practices and lawyers. The benefits of commercial condo ownership are huge. Owners can fix monthly and annual expenses, build equity through monthly mortgage payments, benefit from potential for asset appreciation, and deduct mortgage interest and real estate taxes from income tax.”

Details on the Sunport Commerce Center include:

• Bay sizes starting at 2,650 square feet

• Prices starting at $369,000

• Buildings less than 5 years old

• Dock high and street level units

• On-site management office

• On-site conference facility

• High speed internet access

Details on the Crossroads Business Center include:

• Bay sizes from 1,450 to 14,300 square feet

• Prices starting at $264,780

• Quasi retail with frontage

• 100% office build out available

For more information on these condos, visit Realty Capital’s web site www.realtycapitalfl.com or contact Jason Bantel at 407.843.7070 x119 / jbantel@realtycapitalfl.com or Quentin Caruso, CCIM, at 407.843.7070 x113 / qcaruso@realtycapitalfl.com.

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.