iSTAR FINANCIAL NAMES HOLLY SIME REALTY EXCLUSIVE LISTING AGENT FOR MIAMI GREEN

Miami, FL - June 2, 2010 – Holly Sime Realty/ TCN Wordwide, a full service commercial real estate firm, was selected by iStar Financial as the exclusive leasing agent for Miami Green. This recently built, Class “A” building is the first LEED Certified building in Miami. Miami Green offers 13 stories of LEED Silver office space which is currently available for lease.

Randy J. Olen, Principal of Holly Sime Realty will lead the leasing efforts for this project. Mr. Olen will be assisted by senior landlord group professionals Andrew Trench and Zach Winters. This team has a proven track record in commercial real estate leasing and brings unparalleled knowledge in the office market to the project.

“Holly Sime Realty is excited to partner with iStar Financial in order to introduce this first LEED Certified office building of its kind to South Florida professionals,” stated William H. Holly, Chairman and Chief Executive Officer for Holly Sime Realty. “iStar Financial is committed to this project and we are looking forward to working with them in order to present this unique opportunity to the market.”

Miami Green is an approximately 120,000 square foot office building with typical floorplates of just under 10,000 square feet. The building was developed by Holly Real Estate and designed by Behar Font & Partners. Tenants enjoy same floor parking with direct office access. The offices feature hurricane resistant floor to ceiling glass windows allowing for exceptional water and city views and a rooftop garden which offers majestic views of Downtown Miami, Coconut Grove and Coral Gables. Located in the South Coral Gables area, tenants are within walking distance to restaurants, shops and banking at the Village of Merrick Park. The Metrorail Station and Coral Gables Trolley are directly across the street from the building.

ABOUT HOLLY SIME REALTY

Holly Sime Realty/TCN Worldwide is headquartered in Miami Florida, providing commercial real estate services: Brokerage, Investment/Joint Ventures, Development, Property Management and Consulting. The firm currently represents a number of South Florida's most prestigious office properties, including Espirito Santo Plaza, 4000 Ponce, Offices at Grand Bay Plaza and Miami Green. Accolades include Business of the Year, several Building of the Year awards, Pre-lease records for three Miami submarkets, and the first office high rise in Florida to be completed under LEED certification. Visit www.hollyre.com for additional information.

Contact:
Sareska Alonso
Tel: 786-457-0957 or salonso@hollyre.com