Adler Representative:         Matthew L. Adler, Chief Investment Officer and Executive Vice President of Adler Group

Transaction:                          Adler Group, Inc. purchased Breckenridge Park in Tampa, Florida.

Seller:                                     Americas Capital Partners represented by Mike Davis of Cushman & Wakefield.

Buyer:                                     Helios AR Real Estate Fund I, an affiliate of Adler Group

Closing Date:                        October 15, 2008

Details:

On October 15, 2008, Helios AR Real Estate Fund I, an affiliate of Adler Group purchased Breckenridge Park from Americas Capital Partners. The fifteen building, Class A business park includes 332,582 square feet of office and industrial space and is situated at the interchange of I-4 and U.S. 301 in East Tampa.  The location of the project, which is just 12 minutes from the Central Business District, will attract corporate tenants with space requirements ranging from 1,000-sf to 53,000-sf. 

“Breckenridge Park is a strong addition to our Tampa portfolio because it appeals to companies of any size looking for office space to fit their specific needs,” said Michael M. Adler, Chairman and CEO of Adler Group.  “Adler Group will continue to be a leader in Florida’s commercial real estate market because of our ability to close deals like Breckenridge Park during tough economic conditions.”