RALEIGH NC – January 30, 2009: NAI Carolantic Realty brokers, Ed Brown, SIOR, CCIM and Kyle Greer, were presented awards at the Annual Triangle Business Journal Space Awards ceremony for significant commercial real estate transactions completed in 2008. The dinner event was held at North Ridge Country Club on January 29th with approximately 200 people in attendance.

Mr. Brown won second place for the Top Warehouse Lease Deal having closed a transaction valued at $5.1 million. Mr. Brown and Mike Green with BPG Management represented Mosswood Partners LLC of Raleigh, owners of the approximately 140,000 square foot building in Youngsville. A 124-month lease was signed with Eaton’s Power Quality Division. This facility enabled Eaton to provide more manufacturing space for its product lines in its growing electrical manufacturing operations. The facility had been vacated by Flextronics earlier in the year.

Mr. Greer won second place for the Top Land Sales Transaction having represented Wake Technical Community College in the procuring of 75.36 acres of land near the intersection of NC 54 and Watkins Road in Morrisville. The transaction was valued at $8,000,000. Wake Tech’s Western Wake County Campus is scheduled to open by 2011 and at full build out, is expected to accommodate 10,000 students annually.

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NAI Carolantic is the Raleigh/Research Triangle area’s leading commercial real estate firm with sixteen brokers, a full-service property management division, as well as an experienced marketing and research division. Established in 1972, NAI Carolantic is a member firm of NAI, the leading international provider of commercial real estate services and solutions. NAI has over 5,000 real estate professionals in over 325 markets worldwide serving corporate, institutional and government clients through its offices strategically located in major, secondary and tertiary markets. NAI is the leader in real estate technology and provides a sophisticated online transaction and portfolio management system to manage assignments and existing locations.