Assignment: Colonial Bank Portfolio
Deal Size: $175 Million
Property Size: 66 Properties
Valuation and market analysis for the sale-leaseback of 66
bank-owned retail/office properties, within two portfolios
across five U.S. states.

Assignment: National Rite Aid Store Portfolio
Deal Size: $80 Million
Property Size: 24 Properties
Birch|REA manages the valuation of Rite Aid properties for
its sale-leaseback program, for both new construction and
existing stores – including 24 stores in 2007.
Assignment: 2007 National Circuit City Portfolio
Deal Size: $180 Million
Property Size: 60+ Properties
Lease accounting analysis for 60+ properties across the U.S. and Puerto Rico with a value of approximately $180 million during the past two years. Birch|REA has also provided sale-leaseback advisory and surplus property analyses to Circuit City since 1992.

Assignment: Hershey Center for Applied Research
Deal Size: $16 Million
Property Size: 80,000 SF Office / Biotech Building
Market analysis of specific units within the newly-constructed research facility in Hershey, PA.
Assignment: Old National Bank Portfolio
Deal Size: $250 Million
Property Size: 85 Bank-Owned Properties
Real estate advisory services for branch and office properties located across four states.

Assignment: South Broward Memorial Hospital
Deal Size: $48 Million
Property Size: 180,000 SF, 300-Bed Hospital Complex
Valuation and market analysis for five-story full-service hospital on an 11.49 acre campus in Pembroke Pines, FL.
Assignment: Loan Acquisition Advisory Services
Deal Size: $100 Million+
Property Size: Ongoing Multi-Property Collateral Pools
As part of an ongoing relationship with a division of Lehman Brothers Bank, Birch|REA provides advisory for loan acquisitions tied to all property types within various markets across the U.S.

Assignment: Retail / Drug Store Portfolio
Deal Size: $37.5 Million
Property Size: Six Drug Store Properties
Properties were dark former Eckerd stores; Birch|REA performed market rent and valuation analyses for restructuring of properties.
Assignment: Industrial Park Analysis
Deal Size: $85 Million
Property Size: 140 acres / 622,233 SF
Market study for industrial land surrounding the SeverCorr Steel Mill in Columbus, MS, as part of a proposed project designed to develop the land surrounding the existing mill.

Assignment: Lucent Technology Office Properties
Deal Size: $135 Million
Property Size: 600,000 SF / Three Six-Story Office Buildings
Birch|REA provided advisory services and market support for prospective debt transaction for Lucent’s office park in Highlands Ranch, CO.