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NSU to Relocate Tampa Student Education Center and Expand Programs

ORLANDO, FL (November 21, 2008) – Eola Capital, an Orlando-based real-estate investment company, has signed an 81,500-square-foot, 10-year lease at Sabal Corporate Center with Nova Southeastern University, Inc. (NSU). The three-story, suburban office building located in Tampa, Fla. will serve as the new location for NSU’s Tampa Student Education Center.

“We’re extremely pleased to continue working with Nova Southeastern University. This significant expansion is an exciting improvement for the Tampa community,” said Kyle Burd, Regional Vice President of Eola Capital.

NSU currently leases 41,000-square-feet of office space in Eola Capital’s Sabal Park Plaza building. The new space will double its Tampa operations, which offers business, education, psychology, counseling, and leadership programs. Additionally, the new site will offer a new anesthesiologist assistant program through the College of Allied Health and Nursing with classes expected to commence in June 2009. The Mailman Segal Institute, currently located at NSU's Tampa SEC, will also relocate to the new facility.

The Sabal Corporate Center building is a class A office building located at 3625 Queen Palm Drive in Tampa, Fla. The building will be 100 percent occupied with the new contract. Eola Capital plans to make various improvements to the space prior to contract commencement in the first quarter of 2009.