Eastern Coast Management and Port Offices, LLC Report Only Minor Damage to Innovation Centre in Port Canaveral, Florida in Aftermath of Hurricane Frances
Innovation Centre sustains only minor wind damage after Hurricane Frances passes through Port Canaveral, Florida.
Cape Canaveral, Florida (PRWEB) September 6, 2004 -- Last month Frank Crivello, Managing Member, Eastern Coast Management, LLC (ECM") and Port Offices, LLC (Port") announced Port acquired from Allied Capital Corporation (Allied"), www.alliedcapital.com, Washington, D.C., the office building complex that was the headquarters of Premier Cruise Lines. Since then, Port has commenced a rehabilitation as it begins re-leasing of the property. The office complex is approximately 68,000 square feet and is one of the few Class A office buildings in Brevard County.
Port Managing Member Frank P. Crivello stated: Innovation Centre was construction a little over a decade ago. It was built to withstand hurricane winds. The Canaveral Port Authority, www.portcanaveral.org, did a fabulous job of preparing Port Canaveral and its tenants for the evacuation. Our concern was related to the possible storm surge and flooding. We are relieved no flooding occurred. Our rehabilitation will continue as planned." Port Member Charles Wisher is the leasing representative for Innovation Centre. His office number is 877.562.1382.
About Eastern Coast Management, LLC www.ecmgt.net :
ECM is focused on real estate and marine investments in the southeastern United States. For approximately twenty five years, as principals, ECMs team has been involved in all facets of real estate development, rehabilitation, and investments. In addition, ECMs team has offered professional management and advisory solutions to public and private companies, trusts, and individual investors. For approximately five years, as advisors or principals, ECMs team has been involved in marine investments of various types.
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the ECM could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to assumptions relating to the marine market and that there will be no unanticipated material adverse change in ECM's operations or business.
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