December 4, 2012

Herald Plaza (now known as “Stemtech Square”) Acquired

Atlantic Creek Real Estate Partners, LLC (“Atlantic Creek”) is pleased to announce the joint venture acquisition of the well-located Herald Plaza office complex off of I-75 and Sheridan Street in Pembroke Pines, FL. Herald Plaza (the “Property”) is among the more visible suburban office developments along the I-75 corridor in southwest Broward County with approximately 152,000 cars passing by per day. The property offers excellent access to Dade, Broward and Palm Beach counties; a highly educated area workforce; and proximity to numerous retail and restaurant opportunities for its tenants. The acquisition of the 77,146 square foot, two-building office campus occurred on December 4, 2012.

Atlantic Creek, with offices in New York, NY, Palm Beach, FL, and Los Angeles, CA, targets direct and joint venture investments in opportunistic and value add office, retail, and multi-family commercial real estate primarily located on the East and West Coasts of the U.S., Texas and other select U.S. markets.

For further information on new acquisitions and joint venture opportunities, please contact Joshua Schwalbe, Senior Vice President, in our New York, NY office at (212) 381-7617 or Jon Trucano, Senior Vice President, in our Palm Beach, FL office at (561) 275-7702.