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The Crexent™ Business Centers Refurbishes a Historic Ft. Lauderdale Landmark and Announces the Opening of Its Latest Office Business Center

June 24, 2003

FOR IMMEDIATE RELEASE

June 24, 2003 - Ft. Lauderdale, FL - The Crexent™ Business Centers introduces its newest location in South Florida, with the opening of its Ft. Lauderdale Center at 2881 Oakland Park Boulevard. It is located in the historic Commonwealth Building Ft. Lauderdale landmark situated between Yesterdays and Christopher's in East Ft. Lauderdale. The partners chose this building for its newest Business Center because of its historic appeal, close proximity to large residential areas where professionals live, and it offers all that a downtown location can without the congestion. In addition, it is convenient to every major roadway...A1A, US1, I-95, I-595, the Fort Lauderdale/Hollywood International Airport, the courthouse and a large range of restaurants and shops, making it opportune for companies and professionals.

The Crexent™ Business Centers offer Class A office space in an economical manner for small businesses, satellite offices and major corporations looking for a business address to impress. When leasing office space at one of The Crexent™ Business Centers locations, you receive a fully-furnished, fully-serviced office resource with three variations to choose from: Executive Programs, Corporate Programs or Business Identity Packages. All allow individual companies to choose how much support, services and equipment they need, and that is all they pay for. Amenities include: 24/7/365 access, day offices, board rooms, full-time receptionist, furniture, state-of-the-art telecommunication packages, high-speed internet access via a T-1 line, personalized answering service, notary public, copy and fax center, complimentary coffee and refreshment center and more.

As stated in the Black's Guide, "The use of Executive Suites [Office Business Centers] is among the most popular options exercised by small companies and sizeable corporations. When you move in, your neighbors are likely to be small real estate and investment companies, consultants, lawyers advertising agencies, and other businesses that want to limit their investment in support services, without relinquishing them entirely. By sharing access to clerical support, conference facilities, state-of-the-art technologies, and equipment, a company can occupy space in a desirable location at a cost that is less than that of a conventional leasing arrangement."

"We are pleased to be able to expand in the county that gave us our start," explained Howard J. Zimmerman, Managing Partner. "Our locations in Pembroke Pines and Davie continue to be at full capacity, so it was only natural for us to be in East Ft. Lauderdale, a market that we found to be in need of an office business center facility such as our own. We look forward to embedding ourselves in the community there and continuing to grow our business in South Florida."

The Crexent™ Business Centers also have prime locations in Davie, Pembroke Pines, and Bonita Springs, with more locations soon to open in Miami Lakes, Stuart, and Wellington. For more information, log on to www.thecrexent.com or contact Erica Woodham at 877-886-1400 or ewoodham@thecrexent.com.

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