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NPV/OPPORTUNITY INVEST BEGINS MULTI-MILLION DOLLAR RENOVATION OF 2900 TOWERVIEW BUILDING IN FAIRFAX COUNTY, VIRGINIA
Company Also Developing Over 57,000-Square-Foot Condo Building



Linthicum, MD, Mar 27, 2007 - /FLIERWIRE/-- NPV/Opportunity Invest is making its mark in the Dulles Corridor commercial real estate market by becoming the first company to undertake a renovation of a flex/warehouse building. The company has begun a $3.1 million dollar rehab/revitalization on 2900 Towerview, a 137,037-square-foot property positioned perfectly in the growing Fairfax County commercial market.

Scheduled for a summer 2007 completion, 2900 Towerview will feature a new, modern exterior, completely renovated and updated interior, increased signage capabilities, and abundant parking. The building, strategically located in Herndon only minutes from Dulles International Airport, offers tremendous flexibility for small and large suite users to be in a first-class building with immediate access to Route 28, the Dulles Toll Road, Route 7, I-66, and I-495.

"I began my career in the Northern Virginia market and thought it had matured to a point were redevelopment was possible," said Richard Previdi, CEO, NPV/Opportunity Invest. "In forming NPV/Opportunity Invest's redevelopment joint venture with Corporate Office Properties Trust, I wanted to find a great opportunity in this market. The Towerview project involves the redevelopment of an asset I have been looking at since Route 28 was a two-lane highway. Now, McClearen Road has its own interchange and we can offer 60,000 square feet of highly visible, Class A office and flex/warehouse space right at this interchange."

J. Caulley Derringer, senior vice president of Transwestern, which is handling property leasing and sales, added, "The 2900 Towerview project shows the maturation of the market and demonstrates that viable land purchase opportunities in the Dulles Corridor are at a premium."

Towerview Commerce Center
NPV/Opportunity Invest is not only renovating at the Towerview site, it is also building Towerview Commerce Center, a 57,840-square-foot, for sale only condo project also with delivery date of Summer 2007. The building will feature generous parking, dock and drive-in loading, mezzanine capability for more office space and a 24' clear warehouse.

"Preliminary activity on this building has been significant, as buyers recognize the rare opportunity to own their space in a quality flex building coupled with a superior location to any other condo project in the Dulles Corridor," said Derringer.

Previdi added, "This site is surrounded by new office construction, great retail amenities, and is just off a major limited access highway. NPV/Opportunity Invest is very excited about entering the Northern Virginia market with our Towerview project."

NPV has hired TRINITY Group Construction, Inc. as the general contractor for the project. TRINITY's vast experience in both remodeling as well as tilt-up construction provides this project with the right team player for this product.

About NPV, LLC
NPV/Opportunity Invest is a joint venture between NPV, LLC (as operating partner) and Corporate Properties Office Trust (COPT, a NYSE REIT). Opportunity Invest has been organized to identify underutilized commercial assets in in-fill locations and to transform those assets into Class A properties. Opportunity Invest is targeting redevelopment properties of at least 100,000 square feet with a particular focus on warehouse conversion opportunities in the Mid-Atlantic markets. For more information, contact Brad Dwin at 410-850-4530 or visit www.opportunityinvestllc.com

SOURCE:NPV/Opportunity Invest
3/27/2007 08:46 AA ET
CONTACT:Michael J. LaCosta
Vice President
Beckerman Public Relations
908-781-6420
michaelj@beckermanpr.com

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