McKinley Continues Major Western Commercial Expansion

March 4, 2012

SCOTTSDALE, ARIZONAMcKinley ispleased to announce that it has begun asset and property management oftheShea Scottsdale Shopping Center & Shea Scottsdale East Shopping Center. The retail centers are a combined 277,254 square feet and are well located at a busy intersection in Scottsdale, Arizona. Tenants at Shea Scottsdale include Safeway grocery, CVS/pharmacy, and Harkins Theatres.

Shea Scottsdale is a major component in McKinleys western expansion of its commercial client service business which includes Texas, Nevada and Arizona. We are very excited to add Shea to our commercial portfolio, and we have placed trusted long term team members in position to be able to execute in typical flawless McKinley style, said Matthew Mason, Managing Director Commercial Client Services, and we have many other important projects in the works that we will be announcing shortly, Mason goes on to say.

McKinleys Commercial Client Services manages over 10 million square feet of office and retail for select institutional clientele. It operates across a 25 state platform with a focus on complex workouts, repositioning, redevelopments and intense lease-ups.

We are excited to have the opportunity to apply our proven track record of success to assist with these assets. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.