NEWS RELEASE: HSBC - North America Leases 2,300 Square Feet

Jul 1, 2005

Wilmington, N.C. – July 1, 2005 – Cape Fear Commercial, the listing agent for Fulton Station Shopping Center located in Wilmington, NC is pleased to announce HSBC- North America has leased 2,300 square feet. HSBC- North America has leased the space to relocate their existing location from the 3900 block of Oleander Drive to the new South College and 17th Street Extension location. With over 850 locations nationally, HSBC- North America was recently ranked the fourth most admired financial services company in the world by Fortune magazine. For additional information, contact: Bryan Greene at (910) 332-4114.

About Cape Fear Commercial
Cape Fear Commercial is a full service commercial real estate advisory firm based in Wilmington, North Carolina. For more information on the Wachovia Building or Cape Fear Commercial, visit them online at www.capefearcommercial.com.