FAMECO NEGOTIATES LEASE FOR SHERWIN WILLIAMS IN NEWTOWN, PA.

     NEWTOWN, PA.--Fameco Real Estate has negotiated a 3,188 s.f. lease for a Sherwin Williams paint store at the Village at Newtown South, Newtown, Pa., it was announced by Larry Zipf, Senior Vice President of the Conshohocken, Pa.-based retail real estate firm.

     The 91,000 s.f. Bucks County shopping center on South Eagle Road, owned by Robert Shasha, is anchored by the Newtown Farmers Market and the Center Club Fitness Center. The new store is scheduled to open in April of this year. Based in Cleveland, Ohio, Sherwin Williams is one of the nation's major retailers of paint and paint supplies.

     Fameco Real Estate specializes in retailer representation, owner representation, investment sales and management services in Pennsylvania, New Jersey and Delaware. The firm is the exclusive representative for 64 shopping centers and retail properties totaling 12 million square feet in the tri-state area, manages more than 4 million square feet of retail space and exclusively represents more than 50 retailers expanding in the Delaware Valley. Fameco's Investment Sales Team has completed transactions in excess of $1 billion. Fameco is the ChainLinks member shareholder in the Delaware Valley. The nation's largest retail-only real estate provider, ChainLinks encompasses 60 regional brokerage firms in the U.S. and Canada.

Mar 8, 2006