Parsippany, NJ (April 20, 2006) — Coldwell Banker Commercial^®, one of the leading franchisers of commercial real estate brokerage firms, has announced the following affiliate transactions:

California

Coldwell Banker Commercial Lyle & Associates in Coachella completed the sale of 7.91 acres of land on Dillon Road in Coachella. Robet W. Young represented the sellers, Oasis 25 Partners, who sold the land for $1.81M to Gordhan Patel, et.al., who were represented by Todd Anthis of Americor, Inc. The land will be used for a sit down restaurant and lmited service oriented hotel.

Florida

Coldwell Banker Commercial NRT, Maitland:

• Jeff Bornstein represented Samuel Ellis Lewis, who sold a 2.57 acre retail corner at the northeast corner of SR 434 and US 17-92 for $2.8M to Fifth Third Bank. The site, which was formerly a gas station, is located at a high exposure intersection in Longwood and has access from three roads. Fifth Third Bank, plans to develop the area as a bank location.  Margo Thomas of CB Richard Ellis handled negotiations for Fifth Third Bank.
• Coldwell Banker Commercial NRT in Maitland represented both buyer and seller in a land sale in Apopka. Jeff Bornstein, Tim Spencer and Robin Webb handled negotiations for the seller, BP Products North America, Inc., which sold 8.82 acres of industrial land on US 441 to Orange Blossom Trail, LLC. Orange Blossom Trail, represented by Harry Champ and Dennis Sargent of CBC NRT, purchased the land for $1.2M. Orange Blossom Trail plans to develop the site with flex space buildings. The property has 950 feet of frontage on US 441 and 540’ of frontage on Oranale Way. The average daily traffic count is 33,000.
• Coldwell Banker Commercial NRT also handled negotiations for the seller of a 28.7 acre tract of land located at 1907 Vick Road in Apopka. Dean Fritchen represented Len J. Lester, who sold the land to Rock Springs Estates, LLC, for $1.6M. Rock Springs was represented by Udo Garbe of Fontenay Real Estate. Rock Springs plans to rezone the agriculture-zoned site to develop it into residential housing. The property consists of three parcels, two in Orange County and one in the city of Apopka. The high and beautiful site is located next to Errroll Estates at the corner of Vick Road and Lester Road in a path of road progress.

Coldwell Banker Commercial Nicholson Williams Realty represented both parties in an office transaction in Jacksonville. Colin Nicholson represented the buyer, Barnhill DRS, LLOP, a Florida limited partnership located in Jacksonville, in the purchase of an 11,400 square foot office building on Barnhill Drive in Jacksonville. The sellers, Trivan, Inc., a Florida corporation located in Jacksonvill Beach, were represented by Lita Cerni. The transaction was worth $1.725M.

Missouri

Coldwell Banker Commercial CRA LLC handled the lease of a 10,626 square foot office in the Maryville Centre Building, located at 540 Maryville Centre Drive in St. Louis. Vicki Dolan, SIOR, of Coldwell Banker Commercial CRA represented the lessee, Missouri Society of Certified Public Accountants, in the deal. The lessor was Duke Realty Limited Partnership, d/b/a Duke Realty of Indiana Limited Partnership.The lease is worth $1,710,786. The terms were not disclosed.

New Hampshire

Coldwell Banker Commercial Weeks Associates, located in Laconia, NH, handled the sale of a 16 acre parcel of land in Concord, NH recently. Tanguay Homes, LLC, purchased the land from the heirs of Clara J. Cleveland for $2.5M. The sellers were represented by Stephen E. Weeks, Jr., of CBC Weeks, while Tanguay Homes represented itself. The buyer received a permit for an 80 unit luxury townhome condominium development for people age 55 and older on the site, which is located at 383 North State Street. Among the unique features will be an elevator in each unit. Construction of the first 18 units will begin in April 2006.

New York

Coldwell Banker Commercial Currier & Lazier, located in Middletown, represented both buyer and seller of the historic Orange Inn in Goshen, NY. The restaurant/tavern/inn, which was established in 1790, is zoned as an Inn, and was purchased by Caphma Corporation for $1.3M from seller Luigi Kopiti. Lisa Brodsky of Coldwell Banker Commercial Currier & Lazier handled the transaction for both Kopiti and Caphma Corporation. The famed inn, located in the county seat of Orange County, runs as a fully operating hotel, tavern and restaurant. The hotel features 1,900 total square feet, and has 30 single and two-room efficiency units, as well as a loft/penthouse apartment. The tavern boasts a 100 seat banquet hall and formal dining room. There is also a private parking lot on the premises.