SERVANT INVESTMENTS, LLC ANNOUNCES THE CLOSING OF A LITE- INDUSTRIAL COMMERCIAL PROJECT IN TEXAS

(ORLANDO, FL) July 20, 2007 – Servant Investments, LLC provided the capital for the acquisition, and development, of a 20-acre lite-industrial commercial center site in Pflugerville, near Austin, Texas. The basis for this project stems from rapid residential and commercial expansion in this high growth region. The project will offer buyers approximately 1400-2800 sq. ft. of office and/or work storage space in a turn-key facility. It will be offered at a size and price point that appeals to business owners and small developers/contractors. Space of this nature, with its proximity to new growth and achievable price points, is becoming increasingly popular.

Servant worked jointly on this project with its development partner Barbee Development Group (Barbee). Barbee is a Dallas-based real estate services provider that has completed numerous transactions in the Dallas-Ft. Worth market. Barbee will be overseeing the development, construction, sales and marketing of the property The company's services include leasing, brokerage, and property development for industrial, retail and office properties. In addition to their extensive work in Texas, Barbee has managed development projects in South Carolina, Georgia, and Idaho. The company is led by Charles A. (Mac) McClure, who has been involved in the closing of over $1 billion of commercial real estate transactions and has negotiated over 4.5 million square feet of industrial, retail and office space leases with aggregate values in excess of $500 million. He is currently serving as First Vice President of the CCIM Institute and will be its President in 2009.

Servant Investments is a private equity real estate investment firm, headquartered in Orlando, Florida, that offers a powerful combination of strategic capital solutions to developers and owner operators on a national basis. Founders Rick Steinberger and Robb Chapin bring a combined 35+ years of real estate investment experience and deliver new and creative capital efficiencies to a wide variety of asset classes and development types, ranging in total project size from $1 million to over $150 million.

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