PRESS RELEASE

January 2, 2008
For more information, contact:
Neil Albritton
561-966-0070, ext.20

Noble Properties Leases Space In St. Augustine, FL.

Riverside Center, located in St, Augustine, Florida on the corner of US 1 and State Road 312. Noble Properties recently leased 1,203 square feet to AAA Auto Club South, Inc. Two additional inline spaces are still available and an anchor space will be coming available beginning March 1, 2008.

A major renovation of the center is planned for 2008. It will include painting the center and upgrades to the façade, under canopy, columns and sidewalks. Please contact Randy Bancroft with Commercial Property One, Inc. at (904) 278-9971 for leasing information

Founded in 1992, Noble Properties is one of the largest privately owned real estate investment companies in Florida. Focusing on the acquisition and management of neighborhood, community and power shopping centers, Noble Properties is committed to its tenants’ success by providing prime locations and well-maintained properties. Noble’s centers range in size from 70,000 to 300,000 square-feet and have a combined occupancy rate of 92 percent.