HOLLY REAL ESTATE NAMED LISTING AGENT FOR OFFICE CONDOS AT NEW CORAL GABLES PROJECT SANTONA CORNER

Miami, Fl – Holly Real Estate, a full service commercial real estate company, has been named the sales agent for office space at Santona Corner, a mixed-use project under development in Coral Gables in a prime location directly across from the University of Miami campus on U.S. 1. It will consist of 55,476 square feet of Class A office space, for sale as office condominiums and retail space for lease on the ground floor. The project is anticipated to break ground early in 2005, and to be completed in the summer of 2006.

“With today’s rising property values and attractive financing options, office condos are becoming an increasingly popular option for small and mid-sized businesses,” said William H. Holly, President of Holly Real Estate. “In particular, we are seeing growing demand for this type of space from professional service firms and locally based companies. Santona Corner offers a unique opportunity to buy office space in the exclusive South Coral Gables market, and we are already accepting deposits.”

The building is being designed by the prominent Miami architect Roney Mateu of Mateu Architecture Inc., and will feature a contemporary design. In addition to a superb location and great amenities it will also offer an excellent parking ratio of three reserved parking spaces for every 1,000 square feet of office space sold.

Office condominiums will range in size from 1,300 to 7,500 square feet. Approximately fifteen percent (15%) of the office space has been reserved in the first week of marketing. Interested parties can contact William Holly or Bert Checa of Holly Real Estate at 305- 777-0300.

Holly Real Estate:
Holly Real Estate is a full service real estate company, providing leasing, sales, project management and consulting services in the South Florida market.

MEDIA CONTACT: Sue Siebert of Boardroom Communications, 954-370-8999, or via email at ssiebert@boardroompr.com.