CUSHMAN & WAKEFIELD SONNENBLICK GOLDMAN ARRANGES $15 MILLION REFINANCING OF THE MILWAUKEE POST OFFICE BUILDING

Wednesday, November 07, 2007 – New York, NY – Real estate investment bank Cushman & Wakefield Sonnenblick Goldman has recently arranged the $15 million refinancing of the Milwaukee Post Office Building at 341 West St. Paul Ave. on behalf of Menomonee RP, LLC. RBC Capital Markets provided the financing.

The 940,000-square-foot building is leased to the U.S. Postmaster General and has been home to the U.S. Postal Service’s regional processing center since 1970. The property is located in the heart of Downtown Milwaukee on the Menomonee River within close proximity to a number of ongoing public and private development projects including the Milwaukee Intermodal Station and the future Harley Davidson Museum.

“Due to the U.S. Government credit and below market lease rate, we were able to secure financing proceeds on terms that exceeded our client’s expectations and allowed them to execute a complex recapitalization of the property,” commented Chris Whittleton, Executive Director at Cushman & Wakefield Sonnenblick Goldman.

Sonnenblick-Goldman, LLC is the industry’s leading independent real estate investment banking firm. Founded in 1893 to serve the financing needs of the real estate industry, Sonnenblick-Goldman, LLC provides a full range of financial services, including debt and equity placements, joint ventures, investment sales and advisory services. Headquartered in New York, Sonnenblick-Goldman maintains offices in San Francisco, Boston, Hong Kong, Shanghai, Sydney and Tokyo. Further information can be found at Sonnenblick-Goldman, LLC’s website at www.sonngold.com.