Press Releases

EQUUS ANNOUNCES SECOND QUARTER 2014 LEASING ACTIVITY

<html xmlns="http://www.w3.org/1999/xhtml"> <head></head> <body> <p class="p1"><strong>PHILADELPHIA, PA. – July 22, 2014</strong> – <a href="http://www.equuscapitalpartners.com"><span class="s1">Equus Capital Partners, Ltd</span></a>., one of the national’s leading private equity real estate fund managers, announced today its operating affiliates have executed 773,746 square feet of new and renewal leases for the second quarter of 2014.&#160; The closing of this quarter brings the total 2014 leasing activity in the firm’s portfolio to 1,207,019 square feet.&#160;</p> <p class="p3"><strong>Highlights from the Greater Philadelphia region include:&#160;</strong></p> <ul> <li class="p3">HH Gregg signed a 25,263 square foot lease at East Gate Shopping Center in Mount Laurel, New Jersey. The tenant was represented by Jeff McElhinny of Atlanta Retail and the landlord was represented by Mike Gorman of Metro Commercial.</li> <li class="p3">Old Navy renewed its lease for 20,000 square feet at East Gate Shopping Center in Mount Laurel, New Jersey.&#160; The landlord was represented by Mike Gorman of Metro Commercial.&#160;</li> </ul> <p class="p4"><strong>National Highlights include:</strong></p> <ul> <li class="p4">An undisclosed industrial tenant signed a lease for 121,835 square feet at Beltline Center located in Raleigh, North Carolina.&#160; The tenant was represented by Charles L. Smith, III of Smith Commercial Realty.</li> <li class="p4">Allstate signed a renewal lease for 58,422 square feet at One Meridian Drive in Reading, Pennsylvania.&#160; The landord was represented by John Buccinno of NAI Keystone and the tenant was represented by Mike Bronstein and John Morris of CBRE.</li> <li class="p4">Xerox State Healthcare signed a renewal lease for 45,522 at Sumner Business Park in Raleigh, North Carolina.&#160; The tenant was represented by Tom Flynn of Jones Lang LaSalle.</li> <li class="p4">Casa Esperanza also renewed their 25,389 square foot lease at Sumner Business Park. William M. Sandridge of Jones Lang LaSalle represented the tenant.&#160;</li> </ul> <p class="p5"><strong>About Equus Capital Partners, Ltd. <br /> </strong>Equus Capital Partners, Ltd. is one of the nation’s leading private equity real estate fund managers.&#160; Equus’ portfolio consists of over 24 million square feet of office, retail and industrial properties and nearly 18,000 apartment units in over 70 communities located throughout the United States. The firm is headquartered in the Philadelphia area with regional offices in Los Angeles, Chicago, Washington DC, Boston, Atlanta and Raleigh-Durham. For additional information, please visit the company’s website at www.equuspartners.com.</p> <p class="p1"><strong>For additional information on the company, please contact: <br /> </strong> Joseph Nahas, Jr, Vice President, 215-575-2363</p> </body> </html>