Kansas City Office Building Announces Participation in Nationwide Campaign to Shrink Carbon Footprint

NEW YORK, NY, Jul 29 (MARKET WIRE) --
Time Equities Inc., owner of City Center Square, is starting a nationwide
campaign to shrink its carbon footprint on more than 20.4 million square
feet of real estate from Kansas City to New York. The first building to
"go green" in its portfolio will be City Center Square. By working in
conjunction with the U.S. Green Building Council's Leadership in Energy
and Environmental Design (LEED) certification and rating system, the
full-service real estate company aims to shrink carbon emissions by 20
percent before 2012.

Alice Cook, director of sustainability for Time Equities, said that this
is a unique movement within the real estate business. "The entire
industry is working together towards sustainability rather than focusing
on gaining a competitive advantage through intelligence," said Cook.

Watch Alice Cook speak on current and future sustainability practices.

"Our vision is to develop buildings that are carbon negative and lower the
overall impact of the energy grid," said Cook. "People tend to focus on
cars, but buildings are key and a critical component to curbing global
warming."

The focus on City Center Square's sustainability is the direct result of
Time Equities' Phillip Gesue, director of acquisitions and development,
who's committed to incorporating sustainability into operations and
management as a fundamental practice. "Sustainability is a wise business
practice in an environment of increasing energy costs and is the first
step toward preserving the environment for future generations," said
Gesue. Rating systems such as LEED, a nationally accepted benchmark for
the design, construction and operation of high performance green
buildings, are great resources for companies and cities to unite in an
effort to reduce green house gas emissions.

City Center Square is an office retail building locally managed by Grubb &
Ellis|The Winbury Group. Tenants range from the Kansas City Convention &
Visitors Association to the Kansas City Business Journal. Office space is
available and can be customized to accommodate tenants' needs. Prime
location, parking availability and facility upgrades make City Center
Square an optimal choice for businesses that want to be part of the new
entertainment district. For more information, visit
www.citycentersquare.com.

Contact:
Valerie Jennings
816-221-1040
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