Titan Commercial Closes Two Illinois-Based Transactions

CPD Feather Rock Purchases Retail Center and Avenir Publishing Relocates

CHICAGO - March 22, 2010 - Titan Commercial, a commercial real estate brokerage firm affiliated with Magellan Development Group, today announces the completion of two Illinois-based transactions totaling $2,172,000. CPD Feather Rock purchased a two-unit retail center occupied by long-term leases T-Mobile and Qdoba in St. Charles, Ill. In a separate agreement, Avenir Publishing completed an office lease that will relocate its business to a building at 180 N. Wabash in Chicago. Both arrangements were executed by Titan Commercial Principal Ben Rosenfield.

In a 1031 tax exchange, CPD Feather Rock purchased 2710 E. Main Street in St. Charles. The freestanding retail building totaling 4,083 square feet was previously owned by sellers Shiner Group and Hilco Real Estate. Rosenfield negotiated on behalf of buyer CPD Feather Rock in the investment sales transaction. The property was purchased for $1,964,400.

Avenir Publishing, whose publications include "Design, Develop, Construct" and "Strategize", will be occupying their new 3,941 square feet location on May 8, 2010. The company's current location is at 17 N. State Street. While working with Marc Realty, owners of the property, Rosenfield represented tenant Avenir Publishing and helped execute the lease agreement in just four months. For more information on Avenir Publishing, visit http://avenirpublishing.com/.

Titan Commercial specializes in the acquisition, leasing and disposition of commercial real estate properties. The full-service firm is active in representing tenants and landlords, principally in Illinois, Indiana, Michigan and Wisconsin and represents sellers and purchasers of investment property nationwide. For more information visit www.titancommercialrealestate.com or call Emily VanderBeek, Marketing Director, at 312.373.7100.