HOLLY SIME REALTY NAMED EXCLUSIVE LISTING AGENT FOR OFFICES AT GRAND BAY PLAZA

Miami, FL - April 23, 2010 –Holly Sime Realty, one of South Florida's most recognizable full service real estate firms, was recently named the exclusive leasing and sales agent for The Offices at Grand Bay Plaza. This Class “A” office building, features fifteen stories with exceptional bay views and a desirable location in the heart of Coconut Grove.

Senior Landlord Group professionals Andrew Trench and Jonathan Sherman of Holly Sime Realty will lead the sales and leasing efforts for this signature Coconut Grove property. Randy Olen, Principal of Holly Sime Realty and Scott Sime, President of Holly Sime Realty will assist the leasing team and provide strategic oversight bringing unparalleled commercial real estate experience in the office market to this assignment.

William H. Holly, Chairman and Chief Executive Officer stated "The Offices at Grand Bay Plaza is an
exciting assignment for Holly Sime Realty and we are looking forward to partnering with the developer in order to re-introduce this project to South Florida businesses and commercial brokers.”

"This exceptional building offers an opportunity for buyers and tenants to join an impressive roster of companies," said Mr. Trench. "Coconut Grove offers the ideal setting for business owners to be part of a live/work/play environment." Available units in the building range approximately between 856 square feet to a full floor of 12,978 square feet. Exceptional bay and city views surround this project and various restaurants, banking, hotels, health clubs, galleries, retail shops and entertainment destinations are all within walking distance. In addition, amenities located on-site include professional building management, banking, valet service, front desk attendant, business conference facilities, 24-hour monitoring and storage space. The building is located at 2665 South Bayshore Drive in Coconut Grove, directly across the street from the Dinner Key Marina. Visit the project’s website for additional information www.officesatgrandbay.com.

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 & Consulting. The firm currently represents a number of South Florida's most prestigious office properties, including Espirito Santo Plaza, 4000 Ponce and Town Center One. 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 and designed under LEED certification. Visit www.hollyre.com for additional information.

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