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PRESS RELEASE

Hutchinson Metro Center Announces Signing Three Leases Totaling 26,041 SF in Tower One

Pena & Kahn Law Firm Expands to 14,000 SF of Office Space;
New York Spine and Sport and Empire State Orthopaedics Join Growing
Roster of Medical Tenants at the Bronx Office Complex


BRONX, NY (July 2011) – The Hutchinson Metro Center, one of the New York metro region’s most successful office complexes, has announced signing 26,041 square feet of new leases at the 42-acre campus in the Bronx.

The law firm of Pena & Kahn signed a lease for 14,000 square feet in Tower One, a 280,000-square- foot Class A office building at 1250 Waters Place. Pena & Kahn is expanding from its current offices in the main building of the complex at 1200 Waters Place. Pena & Kahn, which has been a tenant at the Hutchinson Metro Center since 2005, is a full service law firm specializing in personal injury, immigration, bankruptcy, criminal defense, divorce and medical malpractice. The firm, which has 27 employees, is one of the leading law firms representing accident victims in the New York Area.

In other new leases at the Hutchinson Metro Center, New York Spine and Sport has leased 5,541 square feet of space in Tower One. The medical practice is moving from offices on Eastchester Avenue in the Bronx. In another medical lease, Empire State Orthopaedics is leasing 6,500 square feet of space in Tower One. Empire State Orthopaedics, which is moving from another location in the Bronx, is a multispecialty group of physicians dedicated to the diagnosis and treatment of a wide range of musculoskeletal disorders. The practice provides comprehensive management of both acute injuries and chronic disorders of the musculoskeletal system.

The Hutchinson Metro Center has emerged as one of the most popular locations for medical practices, health care related companies and law firms specializing in personal injury law. The complex is currently home to some 30 medical practices including Montefiore Medical Center which recently opened its Orthopaedic Specialties Department on the 11th floor of Tower One. The Hutchinson Metro Center is located less than a mile from five major hospitals: Montefiore Medical Center, Jacobi Medical Center, Calvary Hospital, Albert Einstein College of Medicine and Westchester Square Hospital.

The Hutchinson Metro Center offers first-class amenities in a suburban-style campus setting with free parking, complimentary shuttle to nearby subway and a convenient location directly off the Hutchinson River Parkway. Tower One features 280,000 square feet of Class A space on nine floors with four floors of covered parking. Space is available for immediate occupancy starting at 1,500 square feet. A second tower of 280,000 square feet is planned for construction adjacent to Tower One. The two towers will be connected by a common lobby. The first phase of 460,000 square feet – 1200 Waters Place – was fully leased in less than two years.

First-class amenities at the Hutchinson Metro Center include a full-service Metro Café, fitness center, state-of-the-art teleconferencing center, on-site child care facility, attended gatehouse with 24/7 security, landscaped courtyards with gardens and seating/dining areas, full service branch of Hudson Valley Bank, full service pharmacy on site, on-site executive car wash and detailing center, dry cleaners, sundry shop, ATM and complimentary shuttle service to nearby subway.

For leasing information about the Hutchinson Metro Center, please call (718) 518-8600 ext. 105.

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