NEWS RELEASE: Henry S. Miller Brokerage Expands Coverage into West Texas & New Mexico. Click here for details.

Henry S. Miller Commercial Secures Acquisition of 12 Acres in McKinney; Potential Multi-Family Development

DALLAS, TX - October 24, 2008 -- Henry S. Miller Commercial’s Tom Grunnah, Vice President and Anderson Ngo, Associate of Dallas’ Land Division recently arranged the acquisition of 12 acres in McKinney for client and investor King Private Equity Fund, Inc. Dallas-based King Private Equity Fund purchased the parcel from owner Ruby Boom, LTD. out of Sherman, Texas. The newly acquired investment property is located just west of Hwy. 75 at the NEC of Community Avenue and White Street surrounded by neighboring retail, single-family homes and a Raytheon campus. King Private Equity Fund plans a partnership to develop the land for a multifamily project, as they are currently in discussions with several interested developers; or simply an outright sale. Grunnah and Ngo represented both parties in the transaction.

Henry S. Miller Commercial, founded in 1914, is Texas’ largest independent commercial real estate firm and a member of Realty Resources Network, one of the largest affiliations of commercial real estate firms in the nation.