Lee & Associates: Closes 12-year lease for Cobalt Industrial REIT

CONTACTS:

The Hoyt Organization

Erik Hamilton, [email protected]

Mike Besack, [email protected]

PLEASANT PRAIRIE, Wis. — March 23, 2011 — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 12-year lease for a 144,281-square-foot industrial building located at 7809 100th Street in Pleasant Prairie, Wis.

John Sharpe and Mike Prost, both principals of Lee & Associates of Illinois, LLC, represented the property’s landlord, Cobalt Industrial REIT. The REIT is managed by Cobalt Capital Partners.

The tenant, Catalyst Exhibits, was represented by Larry Much of NAI Hiffman. Catalyst Exhibits is an Illinois-based trade show exhibit management company.

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About Lee & Associates Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 41 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Michigan, Missouri, New Jersey, Nevada, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at http://www.lee-associates.com