BINSWANGER NAMED EXCLUSIVE AGENT FOR SALE OF MAJOR BUILDING IN COVINGTON, TENNESSEE

Atlanta, GA –June 15, 2008 – Binswanger has been named exclusive agent by Burnes Home Accents for the sale of a one-story, 426,990 sq. ft. building on 37.32 acres at 1111 Hope Street in Covington, Tennessee.

This prime facility features 5” reinforced concrete floors; insulated metal panel and brick on block walls; ceilings heights to 33’7” clear; steel columns spaced 20’ x 60’; all utilities; 100% wet sprinkler system; 7,920 sq. ft. of modern, air-conditioned office space; two air compressors; 33 dock-high doors, and one 10’ x 12 and two 8’ x 10’ drive in doors; and rail is served by Central Illinois.

The property is conveniently located on Highway 51, and is 40 miles from I-40, I-55, Memphis and Memphis International Airport.

Binswanger is aggressively marketing the property to a wide variety of manufacturers and distributors.

Headquartered in Philadelphia, Pa., Binswanger is an international full-service real estate organization with offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia.