Leasing Momentum Continues at The Woods Office Center

GPX Realty recently closed 20,000 sq. ft. in new lease agreements at the
17-building office complex located in Chester and Montgomery Counties.

Haverford, Pa.—April 7, 2008—The Woods Office Center, 17 buildings with a total of 570,000 sq. ft. of office space over 77 acres in Chester and Montgomery Counties, has enjoyed a steady pace of new leases over the past 6 months, with 20,000 sq. ft. of new leases added. The property also has another 32,000 sq. ft. of space under commitment.

GPX Realty Partners, L.P. (“GPX Realty Partners”), owner of The Woods, acquired the office center last year in one of the largest commercial real estate transactions in suburban Philadelphia. GPX Realty Partners is currently investing $9 million in leasehold and infrastructure improvements to the property. Some of these plans include fresh landscaping, new common area finishes, parking lot upgrades, enhancements to sidewalks and curbing, updates to exterior lighting, new park identification signage, and tenant services technology and amenities.

“We are pleased to be attracting such a diverse mix of tenants and we welcome them to The Woods,” said Thomas J. Gravina, Executive Chairman and Co-Founder of GPX Realty Partners. “The Woods continues to attract a strong demand due to its desirable location and quality office space. When we are finished modernizing and upgrading the property, there will be very few comparable sites in the region that offer such high-tech and high-quality amenities, competitive market rents, and easy accessibility.”

Recently added tenants to The Woods include:

1. The Progression Companies, Inc., a company that provides professional in and outpatient services, signed a new lease for 4,500 sq. ft. of space.
   
2. Seccon Amarillo, a Spanish-language Yellow Pages, will occupy 2,500 sq. ft. of space.
   
3. Total Office Interiors, a full-service office furniture dealership, will occupy 1,830 sq. ft. of space.
   
4. Pinnacle ENT Alliance, an 18-member physicians group that specializes in the ear, nose and throat, signed a new lease for 1,200 sq. ft for their corporate office.

The Woods portfolio is located on two land parcels, one in Plymouth Meeting at 521 – 531 Plymouth Road and the other in Wayne, Pa. at 983 – 999 Old Eagle School Road. The Woods properties can accommodate tenants from 500 – 20,000 sq. ft. The Woods is easily accessible to all major arteries and destinations within the Delaware Valley and offers easy access to the Pennsylvania Turnpike (Route 276), Route 202, the Blue Route (Route 476), Route 422 and the Schuylkill Expressway.

For more information or to arrange a tour of the property, please contact Jenny Gallaby (610) 687-6915 or Steve Greger (610) 715-8198.

About GPX Realty Partners, L.P.
GPX Realty Partners, L.P. is a private real estate investment and advisory firm, focused on the sponsorship, development and management of a diversified portfolio of real estate investments.

Learn more about GPX Realty Partners at www.gpxrealty.com or contact Joseph Conwell, Managing Director, at (215) 259-2500.