NEWS RELEASE: CFC Finds New Home For L-3 Communications

Mar 30, 2010

Jacksonville, N.C. – March 30, 2010 – Cape Fear Commercial is pleased to announce the lease execution of approximately 13,000 square feet with L-3 Communications, located at 3085 Richlands Highway in Jacksonville, NC. Vin Wells, partner of Cape Fear Commercial, represented L-3 Communications in the transaction. L-3 Communications took occupancy of the new facility on March 15, 2010.

L-3 Communications is a prime defense contractor in Intelligence, Surveillance and Reconnaissance (ISR), secure communications, government services, training and simulation and aircraft modernization and maintenance. The company also is a leading merchant supplier of guidance and navigation products and systems, sensors, scanners, fuzes, data links, propulsion systems, avionics, electro optics, satellite communications, electrical power equipment, encryption products, signal intelligence, antennas and microwave products. For more information on L-3 Communications visit them online atwww.l-3com.com.

About Cape Fear Commercial
Cape Fear Commercial is a full service commercial real estate advisory firm based in Wilmington, North Carolina, offering brokerage, property management and development services. For more information on Cape Fear Commercial, visit them online at www.capefearcommercial.com.