Consulting Practice Expands

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CONSULTING PRACTICE EXPANDS

NEW YORK, New York, Oct. 28 – Admiral Real Estate Services Corp. continues to expand its consulting services. To date in 2005, Admiral’s CFO, Jessica Munzel, has provided consulting and advisory services for just under $1 billion of transactions, including over $850 million in acquisition and development projections, $10 million in capital expenditure budgeting, $15 million in disposition analysis and $8 million in lease analysis and comparisons.

Admiral’s services have been used for presentation to lenders and investor groups as well as for internal decision-making. Its client base includes tenants, owners, developers and investors, both foreign and domestic.

Demand for these types of services has been remarkably strong. Since Admiral’s consulting work is provided on an as-needed basis, clients benefit from being able to utilize these services only when necessary, without the on-going liability of a full-time or part-time hire, while benefiting from Admiral’s seasoned staff.

Admiral Real Estate Services Corp. is a full-service leasing, property management and advisory firm. Based in Manhattan, the company currently manages and/or leases a portfolio of 44 retail, office, residential and development properties in the New York metropolitan area.

CONTACT:
Jonathan Gordon
Admiral Real Estate Services Corp.
(212) 421-3492 p
(212) 421-3491 f
jgordon@admiralrealestate.com
www.admiralrealestate.com