Windsor at Gwinnett Park Portfolio

Boston - (October 01, 2004) - The General Investment & Development Companies (“GID”) announced today that it acquired on behalf of an affiliate, Windsor Realty Fund-VIa L.P. ("WRF-VIa"), a nineteen building, 1,026,640 square foot industrial/flex portfolio. The portfolio is located within Gwinnett Park, a 230-acre, 3.5 million square business park located in Norcross, GA. Gwinnett Park is one of the premier business parks in the Atlanta industrial market and is located on I-85 in Gwinnett County just 7 miles north of the I-85 and I-285 intersection. Gwinnett Park, developed by the Weeks Corporation, offers its tenants a unified, mature business park setting, excellent interstate access, as well as proximity to a well-educated labor pool. The park has attracted such prominent tenants as Liberty Mutual Insurance, Krispy Kreme, SAAB, Corinthian College, and Progressive Insurance.

Robert Karp, Senior Vice President for GID commented, “The acquisition of Gwinnett Park is a notable addition to our business park portfolio. Gwinnett Park squarely meets our investment criteria in terms of its superior immediate highway access, well-landscaped park setting as well as a strong and diverse tenant roster. These qualities will enable us to meet our corporate objective of providing high value to our tenants at a competitive cost.”

WRF-VIa, a GID wholly owned entity formed in 2002, is actively pursuing acquisition opportunities in markets such as Atlanta, Chicago, Dallas, Maryland, New Jersey, South Florida, and Northern Virginia.

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