TechSpace Signs $25 Million, Long-Term Lease with RREEF

Flexible Office Space and IT Services Provider Renews Commitment
to Orange County
ALISO VIEJO, Calif.--(Business Wire)--
TechSpace, the premier full-service facilities and infrastructure
provider delivering flexible office space and IT services, announced
today that it has executed a long-term lease with RREEF for its
operations at 65 and 75 Enterprise in Aliso Viejo, Calif. The $25
million transaction secures TechSpace's permanent occupancy of the
Aliso Viejo facility through 2017.

"We are excited about our commitment to the Orange County business
community. As California office markets have remained volatile over
the last year, our unique offering has become increasingly popular for
small- to medium-sized businesses," says Vic Memenas, COO of
TechSpace. "We provide a flexible full-service office environment with
extraordinary technology support through a world-class, Tier 1 data
center."

TechSpace Aliso Viejo today supports more than 1,000 local
businesspeople offering them the ability to grow their businesses
without making a long-term commitment to occupancy nor a capital
investment to the space. The TechSpace data center services millions
of end-users per day and supports hundreds of terabytes of data.

Based on client input and surveys, TechSpace is planning
significant improvements to the facility including upgrades to the
cafe and common areas designed for friendlier client use. In addition,
substantial renovations will be undertaken to reconfigure suites to
meet the needs of TechSpace clients.

About RREEF:

RREEF Alternative Investments is the global alternative investment
management business of Deutsche Bank's Asset Management division.
RREEF Alternative Investments consists of three businesses: Real
Estate, Infrastructure and Private Equity. RREEF Real Estate acquires
and manages investments in commercial and residential property, and
real estate securities on behalf of its institutional and private
clients worldwide. Its product offering is global and comprehensive,
including core, value-enhanced and high yield property investments as
well as investments in publicly traded real estate securities. RREEF
Real Estate has more than US$77.4 billion in assets under management
worldwide as of 31 March 2008.

About TechSpace:

With multiple facilities across the United States, TechSpace's
unique outsourcing platform for companies combines flexible workspace
options with completely integrated state-of-the-art technology and
business services. This 'alternative office space' formula preserves
capital and keeps overhead to a minimum, creating an ideal solution
for small- to mid-sized companies, especially during today's
unpredictable economic times. Scalable terms allow room for upsizing
or downsizing as necessary without the high cost of moving, including
everything from workstation furniture, advanced voice and data
telecommunications, IT infrastructure, reception services and office
supplies. Utilizing this platform companies are free to concentrate on
enhancing their core competencies and more effectively managing their
businesses. For more information, visit www.techspace.com.

Echo Media
Beth Passarella, 714-573-0899 x 26
beth@echomediapr.com

Copyright Business Wire 2008