Park Place Office Building in Cayce, S.C. Sold

July 16, 2007

Columbia, S.C. (July16, 2007) – The Columbia-S.C.-based commercial real estate firm of NAI Avant is pleased to announced that Ben Kelly, CCIM, a member of the company’s brokerage group, recently brokered the sale of the 440 Knox Abbott Drive Park Place office building in Cayce, S.C. The five-story, multi-tenant office building was purchased by Park Place 440 LLC from W.P. Hylton I for $2.85 million.

NAI Avant’s commercial real estate business is one of the largest in South Carolina. Through its 60 employees and agents, the firm provides comprehensive brokerage, leasing, development and property management services. The company brokers in excess of $300 million annually. For the past 24 years, the group has had more of its brokerage professionals recognized as top producers than any other firm in South Carolina. NAI Avant’s Property and Construction Management Group currently manages 76 properties encompassing more than 2.6 million square feet across South Carolina.