The Muller Company Wins BOMA 2010 Outstanding Building of the Year Award for Class A Building Campus

The Muller Company Wins BOMA's 2010 Outstanding Building of the Year Award

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Hohokam Towers in Phoenix, Ariz. Now Called Sky Harbor Towers

Receives TOBY Award from BOMA/Greater Phoenix

LAGUNA HILLS, CALIF. – The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the Building Owners and Managers Association (BOMA) of Greater Phoenix, Ariz., awarded the Hohokam Towers in Phoenix the 2010 The Outstanding Building of the Year (TOBY®) Award. Hohokam Towers, which has since been renamed Sky Harbor Towers to better reflect its close proximity to the Phoenix International Sky Harbor Airport, earned the prestigious recognition in the Corporate Facility category for its excellence in office building management and operations. This is The Muller Company's third TOBY in two years.

Located at 4605, 4615 & 4635 East Elwood in Phoenix, Sky Harbor Towers consists of three Class A office buildings totaling 272,728 square feet and is located in an office campus facility. It is currently 100 percent occupied by the University of Phoenix and Matson Navigation and will be available for lease in 2011. Sky Harbor Towers features a variety of amenities including two cafes, a Wells Fargo ATM, covered bicycle/motorcycle parking, shaded outside seating, a fitness center, a locker room and onsite property management, which is managed by The Muller Company's Senior Property Manager Tiffany Lauchlan, CPM. Sky Harbor Towers was purchased by The Muller Company and its financial partner in December 2005.

“We are thrilled and honored to be the recipient of this prestigious award. We take a lot of pride in building ownership and we maintain the property at a very high standard. There is no deferred maintenance, we take sustainability seriously and we have a strong base of vendors. In addition, The Muller Company as the management company is very involved in the daily operations, tenant relations and community involvement,” says Lauchlan.

"Additionally, with the rebranding of the Hohokam Towers to Sky Harbor Towers, and an aggressive leasing effort, we hope to attract a large corporate tenant moving to Phoenix or relocating in the Phoenix area. We are working hand-in-hand with the Phoenix office of Lee & Associates as The Muller Company's exclusive leasing and marketing agent for Sky Harbor Towers," Lauchlan notes. The Lee & Associates leasing team consists of Mark Seale, Principal and Christopher Krewson, Principal.

"Our leasing team is targeting corporations moving to the Phoenix Metropolitan Area from out of state, universities and schools looking to expand, and talking with local corporations with leases expiring in the next 24 months," Lauchlan adds.

The Phoenix BOMA chapter sponsors the annual award and criteria include all facets of a building's operations, including tenant relations, community involvement, emergency evacuation processes, continuing education for building personnel and overall exceptional service. The Muller Company received its TOBY award at the chapter's awards gala held last month at the Wyndham in downtown Phoenix.

For more information about Sky Harbor Towers, see www.skyharbortowers.com.

About The Muller Company

The Muller Company has over 30 years of experience in developing, acquiring and managing a diverse portfolio of over 20 million square feet of office, industrial and retail real estate throughout the western United States, with nearly 11 million square feet currently under management in the California and Phoenix markets. Over the years, The Muller Company has partnered with institutional owners such as GE Capital Real Estate, Capmark, Rockwood Capital, BlackRock, ING Realty and Metlife. Empowered by an entrepreneurial spirit and guided by an owner’s perspective, The Muller Company excels at mining the long-term value from every asset that it manages by adding value, either through leasing, capital improvements, refinancing, operational audits and repositioning. For more information, contact Jamye Jack at 949.680.9777 or visit www.themullercompany.com.

The Muller Company Completes $13.5 Million Refinance and Signs 84,864 SF of Leases and Renewals

The Muller Company Completes $13.5 Million Refinance of San Diego Office Building and Signs 84,864 SF of Leases and Renewals Valued at $16.9 Million

LAGUNA HILLS, CALIF. – The Muller Company, a full service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the firm has just completed a $13.5 million refinance of Pinnacle Executive Centre, a 110,110-square-foot Class A office building located in San Diego County, and signed 11 leases and renewals totaling 84,864 square feet and valued at approximately $16.9 million. Tom Mattinson of Quadrant Real Estate Advisors of Alpharetta, Georgia handled the refinance.

Located at 10920 Via Frontera in San Diego, Calif., Pinnacle Executive Centre was purchased by The Muller Company, with their financial partner, in May 2007, and is a five-story, Class A suburban office building built of steel and concrete with a stone and glass exterior.

The Muller Company’s new leases and lease renewals bring Pinnacle Executive Centre's current occupancy level percent to 76 percent. The two most significant leases that were recently signed were with On Ramp Wireless and The State of California. On Ramp Wireless, an existing 12,100-square-foot tenant, signed a lease for an additional 7,000 square feet and added six months to their current lease term for a total lease value of $2.2 million. The State of California, Department of General Services signed a nine-year lease for 23,382 square feet valued at nearly $8.4 million.

Pinnacle Executive Centre’s Property Manager Kim Sabre said, “The Muller Company and our leasing team from Colliers International created a very catchy and effective leasing campaign called “AS SIMPLE AS 1-2-3,” which offers a creative rent schedule of $1.00/SF in year 1, $2/SF in year 2 and $3/SF in year 3. This rent schedule also includes a broker bonus of $1.23/SF. We certainly attribute our success in bringing the building to 76 percent leased in such a short period of time to a dedicated team that includes The Muller Company as an owner and our creative leasing team, which includes Gary Williams from Colliers International and Jay Alexander from Jones Lang LaSalle (formerly with Colliers International).

"We all know the challenges of today’s economy, so our focus has been to not focus on the challenges, but instead find creative ways to get around them and get the attention of prospective tenants. The Muller Company understands the challenges that all business owners are faced with today and we continue to put every effort into finding ways to make deals that meet each party’s objectives,” Sabre added.

About The Muller Company
The Muller Company has over 30 years of experience in developing, acquiring and managing a diverse portfolio of over 20 million square feet of office, industrial and retail real estate throughout the western United States, with nearly 11 million square feet currently under management in the California and Phoenix markets. Over the years, The Muller Company has partnered with institutional owners such as GE Capital Real Estate, Capmark, Rockwood Capital, BlackRock, ING Realty and Metlife. Empowered by an entrepreneurial spirit and guided by an owner’s perspective, The Muller Company excels at mining the long-term value from every asset that it manages by adding value, either through leasing, capital improvements, refinancing, operational audits and repositioning. For more information, contact the Director of Business Development, Lori Ann Haigh at 949.460.5380 or visit www.themullercompany.com.

Hodgdon-Miank Construction Begins Renovation of Barstow Mall and Tenant Improvements for New San Bernardino County Offices

COLTON, CALIF. – Hodgdon-Miank Construction announced that it has started construction on the remodel of the Barstow Mall, including tenant improvements for the County of San Bernardino's new social service office for the Transition Assistance Department and Children and Family Services.

According to David Miank, executive vice president of Inland Empire-based Hodgdon-Miank Construction, the scope of work includes demolition and the reconfiguration of approximately 37,500 square feet of space formerly occupied by Sears, to make room for the county's new offices located at the east end of the mall. The tenant improvements should be completed November 1, with plans to be open for business by December 1, 2010.

"We are very excited to work for TT Group, the mall's owner, and the County of San Bernardino," said Aaron Hodgdon, president of Hodgdon-Miank Construction. "The new county offices will add a thriving mixed-use component to the 14-acre Barstow Mall and serve as a catalyst for additional redevelopment."

Hodgdon-Miank Construction's Dan Wallner is serving as the project manager; Thom Duncan of Hodgdon-Miank Construction is the project's superintendent. Peter Ko and Brit Lindberg of Ko Architects of Palo Alto are the architects for the project. Mikes Bowes is the mall owner's project manager. The Barstow Mall is located at 1900 East Main Street in Barstow.

Chris Jaramillo, Vice President of DAUM Commercial, represented mall owner, TT Group of San Jose, in the lease transaction with the County of San Bernardino.

About Hodgdon-Miank Construction, Inc.
Hodgdon-Miank Construction has extensive experience with all types of construction and has active retail, office, private educational and medial projects throughout Southern California. For more information, call Aaron Hodgdon or David Miank at 909.783.3020.

Coreland Companies Negotiates Leases with Planet Fitness and Phoenix Group Information Systems
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Retail and Office Leases Valued at More than $3 Million

TUSTIN, CALIF. – Coreland Companies of Tustin, Calif., one of the largest private real estate service companies based in California, announced that its leasing / sales division has negotiated two leases in Southern California for a total value of more than $3 million.

In the City of Anaheim, Coreland negotiated a 20,362-square-foot, 10-year retail lease with Planet Fitness, a franchise-driven health club, at Euclid Shopping Center, located at the southeast corner of Euclid Street and Katella Avenue at 1620 W. Katella Avenue. The lease transaction, which is valued at approximately $2.0 million, brings the 206,100-square-foot community center to 100 percent occupied. Planet Fitness, which is expected to open in June 2010, will join anchors Food 4 Less, Big Lots and CVS/pharmacy. As the exclusive leasing agent for Euclid Shopping Center, Matt Hammond of Coreland Companies represented the landlord, Euclid Shopping Center, LLC, a private family trust located in San Diego. Garrett Colburn and Steve McClurkin of Grubb & Ellis in Newport Beach represented the tenant.

"There are still some very active retailers and categories doing deals in Southern California, and fitness is one of them," notes Hammond. "And this is one of a handful of fitness deals we are currently working on."

In addition, Coreland negotiated a 7,193-square-foot, 72-month lease with Phoenix Group Information Systems, a California Corporation, at the Main Street Town Center, a 215,000-square-foot Class A office building located at 2677 Main Street in Santa Ana. The lease is valued at over $1.0 million. The Phoenix Group, which will join Aetna and Morgan Stanley as tenants, will take possession of the office space in April 2010. As the exclusive leasing agent for the Main Street Town Center, David Girty and Steven Hogberg of Coreland Companies represented the landlord, The Muller Company of Laguna Hills, Calif., a full service real estate management company specializing in the management, investment and development of commercial real estate in the western United States. Marshal Vogt and George Thompson of Lee & Associates of Orange represented the Phoenix Group.

"The Phoenix Group is a 20+ year-old company with over 200 municipal, institutional, law enforcement, and private clients served throughout the United States," said Hogberg. "After an exhaustive 12-month search, the Phoenix Group selected Main Street Town Center in order to relocate to a Class A high-rise office building with first-class building ownership and management."

Adds Hogberg, "This lease brings us to over 87 percent occupied with less than 25,000 square feet of space remaining to lease at Main Street Town Center. Clearly, now more than ever, well-positioned assets with a strong amenity base make a difference, especially in a market currently challenged with a 20+ percent vacancy."

Coreland Companies is a full-service commercial real estate company with expertise in retail, office and industrial properties. Coreland Companies is based in Tustin, California with offices in Utah and throughout Southern California. For more information, please call the company’s headquarters at (714) 573-7780 or visit www.coreland.com.

Hodgdon-Miank Construction Commences Construction on Azusa Pacific University’s New $4 Million Extensive Remodel of 30,000 Sq. Ft. Academic Building

AZUSA, CALIF. – Hodgdon-Miank Construction, a full-service construction company based in the Inland Empire, has commenced as the Design Build contractor on the remodel of the 30,000-square-foot Carl E. Wynn Academic Center for Azusa Pacific University (APU) in Los Angeles County. Hodgdon-Miank Construction and its parent company, the Hodgdon Group, are handling the design, entitlements, construction and construction management of the new $4 million project, which includes gutting and remodeling the former Carl E. Wynn Science Center building on the Azusa East campus. The new building will be renamed the Carl E. Wynn Academic Center and will house faculty and staff from the Master of Social Work, Undergraduate Social Work, Undergraduate Psychology and Honors programs.

The new Carl E. Wynn Academic Center building will include 11 classrooms, 30 administrative and staff offices, 1,800-square-foot lecture hall, a conference room, small library, computer lab and workrooms, two focus rooms with viewing area. The renovated facility will also include a presentation room for new and prospective students and parents to be introduced to APU.

The building was originally constructed in 1975 and consists of a masonry shell with concrete floors and a metal roof system. “We stripped the building back to a raw shell and are reconstructing it as a new state-of-the-art facility. We organized a first class team of designers, consultants and sub-contractors to work with APU and complete this project in a short period,” says Aaron Hodgdon, President of Hodgdon-Miank Construction.

“Hodgdon-Miank Construction is doing a total remodel that will bring the facility up to current code including the most recent handicap accessible building requirements, and include all new walls, flooring, lights, ceiling, electrical and plumbing systems,” says David Miank, Executive Vice President, Hodgdon-Miank Construction. The remodel will also include a new energy-efficient HVAC system and glass and glazing systems, added insulation, and a new single-ply roof. Dan Wallner is Project Manager and Thom Duncan is acting as the Superintendent. Roger Deitos of GAA of Irvine, Calif. is the project architect.

In concert with its parent company, the Hodgdon Group, Hodgdon-Miank Construction provides full service general contractor and construction management services and/or design-build for all aspects of retail, medical, commercial, and industrial projects. In the last five years, the Hodgdon Group and Hodgdon-Miank Construction have been involved in the acquisition, development, and construction of over 3.5 million square feet of industrial, manufacturing, airport, retail, recreational vehicle, medical office, private college, and office projects valued at more than $550 million.

Most recently, Hodgdon-Miank Construction and its parent, Hodgdon Group, completed a design-build/construction management project at the Southern California Logistics Airport in Victorville, California. The team built four hangars designed for Maintenance Repair Operations (MRO), painting of 747-400 aircraft, and one hangar that will hold an Airbus A-380, the largest commercial aircraft. The project also included construction of office space, aprons, roads, infrastructure, drainage and retention systems, a million-gallon water tank, fire sprinkler deluge system, and related aviation facilities. Tenant coordination included working with world leaders Federal Express, Boeing and Pratt & Whitney.

From a small Starbucks to complex airport facilities, Hodgdon Group and Hodgdon-Miank Construction are capable of project managing any size project in a cost effective and expedient manner for their clients. “Hodgdon-Miank Construction has been instrumental in helping us achieve our goal,” says Jim Christl, Azusa Pacific University’s Director of Facilities Management Design and Construction. “When opened for spring classes in January 2010, the new Wynn Academic Center will help us provide more general classroom space for our growing student body.”

About Azusa Pacific University
Azusa Pacific University (APU) is a comprehensive, evangelical, Christian university located 26 miles northeast of Los Angeles. A leader in the Council for Christian Colleges & Universities, APU is committed to God First and excellence in higher education. Offering more than 60 areas of undergraduate study, 26 master's degree programs, and seven doctorates to a total student population of more than 8,500 on campus, online, and at seven regional centers across Southern California, APU has been recognized as one of U.S. News & World Report’s Best Colleges for six years running and by Princeton Review as one of the Best in the West. APU graduates are known for professional excellence, the highest ethical standards, and their desire to make a difference in the world. For more information, visit www.apu.edu.

About Hodgdon-Miank Construction, Inc.
With a combined experience of nearly 100 years in construction and real estate development, Hodgdon-Miank Construction has extensive experience with all types of construction. For more information, call Aaron Hodgdon or David Miank at 909.783.3020.