-Turnaround Specialists with a Proven Track Record of Stabilizing, Redeveloping, Reconstructing, and Repositioning Properties Sees Significant Increase in its Clientele-

RUTHERFORD, N.J. - Lincoln Equities Group, (LEG) a New Jersey based owner, investor and developer of commercial real estate, continues to see growth in its third party services division. LEG has historically been extremely active in providing third party services to other developers, lenders and investors. Since 1986, the firm has been providing a comprehensive array of services to third party clients, which has resulted in a stellar track record of outperforming the market in all points of the market cycle.

"In this highly challenging economic climate, LEG has seen demands for third party services increase dramatically," stated Joel Bergstein of Lincoln Equities. "What differentiates LEG from typical third party leasing and management is the hands on involvement of our senior management and their unique ability to put the needs of the clients above all else. LEG has built its reputation by performing for its select clients; this relentless focus is the cornerstone of our third party business model."

On behalf of its third-party clients, LEG has completed numerous significant turnaround assignments, from redeveloping and repositioning troubled projects to finishing the construction of stalled developments, and has a proven ability to rescue failed projects in and deliver attractive investment returns. LEG's significant turnaround projects include:

• The leasing and stabilization of over 900,000 square feet of vacant office buildings

• The repositioning of a 1 million-square-foot retail center

• The repositioning and leasing of an 820,000-square-foot complex

• The successful redevelopment of a 480,000-square-foot industrial property into a Class-A office property

• The $6 million dollar reconstruction of an underground Class-A office building parking deck

LEG's full service approach encompasses top-notch professionals in all facets of development and management. For example, LEG maintains experienced on-staff engineering and construction teams who play critical roles in upgrading properties and maximizing efficiencies, and consult on complicated acquisition, development and environmental issues. Leasing, Construction Management and Property Management work together from the very first walkthrough to satisfy the most unique leasing requirement, enabling tenants to visualize their space and understand the cost to build it, and showing tenants the outstanding level of customer service and amenity package they will experience as tenants in a LEG property.

In addition, the multi-faceted backgrounds of its professionals provide LEG with levels of in-house expertise that few firms possess, as well as an ability to integrate all of the in-house services needed to complete a project in a seamless manner. This team is responsible for the superior services, creative marketing and financial insight that have enabled LEG to significantly outperform in every market it operates in.

"The increase in demand for our third party services is a testament to our reputation for consistently being able to solve complex development, investment and operational challenges for partners and clients of LEG," stated David Weinstein of Lincoln Equities. "Now, more than ever, the stakes are higher and the tasks are more complex. It takes a focused approach and a disciplined course of action to turn around non-performing projects in this marketplace," Weinstein added.

LEG's strength as a third party service provider comes from its track record as one of the region's leading full-service real estate companies, having amassed a multi-million square-foot portfolio of diversified commercial and residential properties. To date, LEG has been responsible for nearly $1.5 billion of development projects and acquisitions, making it one of the most prolific real estate companies in the New York metropolitan region. In the last few years, LEG has been responsible for nearly 2 million square feet of commercial leasing transactions and has managed approximately 100 tenant installations and capital projects valued at over $60 million.

Finally, LEG, through its management arm, Linque Management Company Inc. (LMC), has extensive experience managing and operating Class "A" office, industrial and retail properties. Over 100 tenants in nine facilities occupy their current managed portfolio of 4.2 million square feet. LEG's in-house capabilities provide their clients and partners with comprehensive and integrated institutional financial reporting and budgeting, leasing, property management and construction management services.

In addition to LEG's U.S. operations, LEG operates an asset management division for a 5,300 unit residential portfolio in Berlin, Germany owned by LEG and its institutional partners.