PRESS RELEASE

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

Noble Properties completes renovation to Riverside Center in St. Augustine, FL.

June 2 , 2008 – GREENACRES, FL - Noble Properties is pleased to announce the completion of the planned renovation to Riverside Center. Upgrades include a new standing seam metal roof, addition of stucco finish on the columns and rear walls, the installation of a cast stone rail along the columns and rear walls, installation of crown molding above the façade, new sidewalk pavers, and new under-canopy tenant signs. The entire center has also been painted. 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.