January 24, 2006
NDC Capital Partners Announces a Real Estate Co-Investment with Champion Partners Group Ltd.

NEW YORK--(MARKET WIRE)—January 24, 2006--NDC Capital Partners LLC (“NDC”) today announced a co-investment with Champion Partners Group (“Champion”), for the development of a state-of-the-art bulk distribution facility of up to 1.2 million square feet. The development, known as TradeCenter @ 95, is situated in the 800-acre master planned Principio Business Park located in Cecil County, Maryland. The location is within a twelve hour drive to every major city and port on the East Coast. 

About Champion Partners Group
 
Champion is a privately owned firm employing a disciplined value-creation focus nationwide across a wide spectrum of commercial real estate investment opportunities. The professionals at Champion have significant expertise in all facets of the commercial real estate industry, with a proven ability to implement successful investment strategies at the very beginning of a particular market cycle or trend.  The firm has consistently demonstrated a unique ability to adapt its investment strategies and to monetize asset values by exiting/selling as certain cycles and trends mature, while simultaneously shifting into new and emerging opportunities.
 
About NDC Capital Partners
 
NDC is a private equity firm, investing capital in U.S. commercial real estate assets and related entities through joint venture structures with proven operating partners. NDC pursues a disciplined investment philosophy that focuses on value-oriented strategies, including property renovation, development, and repositioning. The foundation of NDC’s investment platform is an alignment of interest created through a co-investment partnership with knowledgeable operating partners. A proven track record of producing consistently high risk-adjusted returns supports this investment philosophy.
 
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