Bond Companies Adds Two Development Professionals to Growing Richmond Office; Grant Gottesman, Alex Miller Join Firm as Vice Presidents

Richmond, VA, August 30, 2008 --( Grant M. Gottesman and Alex Miller have joined Bond Companies as Vice Presidents, it was announced today by Chris Pine, Senior Vice President of Bond Companies and Director of the firm’s growing office here.

Gottesman and Miller both will serve as Vice President of Development for Bond Companies. Bond has become increasingly involved in commercial real estate developments in the mid-Atlantic states and along the East Coast, including the redevelopment of the 315,000 square foot Beaufont Center, which is being renamed Spring Rock Green. The name change reflects the transformation of the center, which is located on the northwest quadrant of the intersection of Midlothian Turnpike (U.S. Route 60) and Chippenham Parkway (State Route 150) into an exciting environmentally friendly and energy efficient retail property.

Gottesman has extensive experience in commercial real estate development, including responsibilities as a Development Associate and Project Manager for the JBG Companies in Chevy Chase, Md. While with JBG, Gottesman was involved with development of major mixed use properties, ground-up multi-family developments and hotel to condo conversions in Maryland, the District of Columbia and Virginia.

Gottesman received a Bachelors of Arts degree from the University of Virginia. He is currently pursuing a Masters of Science in Real Estate from Johns Hopkins University. Gottesman is a member of the Urban Land Institute and is actively involved in several philanthropic activities, including micro enterprise projects in East Africa.

In his new position, Miller will be responsible for project management and financial modeling of existing and potential investment opportunities. Previously, Miller was with Wachovia Securities where he served as Manager of Best Practices in its New Advisor Strategies Group.

Miller holds a Bachelors of Science degree in Chemistry from Appalachian State University and a Masters in Business Administration from Virginia Commonwealth University.

Along with Pine, Gottesman and Miller will be heavily involved in the transformation of Beaufont into the new Spring Rock Green. The conversion of the name to Spring Rock Green, including the introduction of the new identity and change in signage, is scheduled for early fall.

Bond Companies, along with The Abraham Group based in Washington D.C., are co-sponsors of the Bond Companies Sustainability Fund, which provided funding for the acquisition of Beaufont and its conversion to Spring Rock Green. The Abraham Group is led by its Chairman and CEO Spencer Abraham, former Secretary of the U.S. Department of Energy. Bond, in partnership with The Abraham Group, will acquire and reposition other properties using sustainable techniques.

Bond Companies, with offices in Chicago, Los Angeles and Richmond, Va., has been developing and financing award winning, economically sound, mixed-use environments and retail projects since 1987. The company has a distinguished record of accomplishment in transforming properties -- be they ground-up construction or the renovation of existing structures -- into vibrant new communities offering a new generation of opportunities for those who live, work, study and / or simply visit these new centers of attraction. Bond Companies,, applies its innovative vision to integrate the differing demands of multi-family residences with retail stores and offices along with hospitality and accommodation facilities. All is done with the utmost concern for creating energy efficient, environmentally sustainable properties.

Bond Companies / Minkus & Pearlman
Raymond Minkus
(224) 533-1030