Leder Group Acquired and Developed $80 Million of Commercial Real Estate in 2005 Bigger Plans for 2006

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Celebrating 42 years of real estate investment in South Florida, The Leder Group increases its regional presence.

Leder Group, a real estate holding and development company, today announced 2005 as a record growth year with $80 million in real estate acquisitions and developments. The Leder Group has established a regional presence with holdings in South Florida, Ft. Myers, Tampa, Orlando and Port St. Lucie.

Capping off a stellar year, the Leder Group recently closed on the acquisition of the Arvida Park of Commerce (APOC) III, IV and V buildings. The project is comprised of an aggregate of 152,491 square feet of office, warehouse and research space.

Other acquisitions in 2005 included Brandywine Business Center and Pinebrooke Commerce Center in Tampa, FL, and Lyons Tech II in Coconut Creek, FL.

This month the Leder Group plans to break ground on intelliFlex – Daniels Parkway at Worthington Commerce Park in Ft. Myers, FL. This 115,500 square foot project will offer flex-space environments from 1,500 square feet and up.

Two additional intelliFlex projects, comprising over 100,000 square feet in Port St. Lucie, are scheduled to be completed by the summer of 2006.

“We will continue our acquisition and development plans throughout the region in 2006,” said Sean Leder, chief executive officer of Leder Group. “Our relationship with the investment sale brokerage community is excellent and our closing track record speaks for itself. We are excited about the opportunities that lie ahead for Leder Group and its partners in 2006.”

About Leder Group

Headquartered in Boca Raton, FL, Leder Group is the result of forty-two years of successful real estate investing orchestrated by Dr. Samuel E. Leder and his son Sean M. Leder. The Leder Group looks to maximize opportunities in the acquisition, development and management of investment real estate. The Company's philosophy on investing in real estate is based on the aggressive and proactive acquisition and management of assets that are approached from a buy and hold frame of reference. Today, the Leder Group and its partners control over 1.5 million square feet of office, flex and industrial properties and 3,000 acres of land in Western North Carolina. For more information please visit http://www.ledergroup.com.

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Tara Biller
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