SCHUUBERT & SALZER Inc., CHOOSES INTERNATIONAL BUSINESS PARK at CONCORD

CONCORD, N.C., May 16, 2006—Schubert & Salzer, Inc. recently expanded its North American headquarters by leasing space in the International Business Park at Concord. The German-owned firm signed an agreement to lease 5,000 square feet in the International Corporate Center (ICC).

Schubert & Salzer, Inc. is a division of Schubert & Salzer, GmbH, Ingolstadt,, Germany. The company manufactures and sells valve and control products for sterile and industrial process applications. The North American headquarters in Concord also manages satellite offices in New Jersey, Chicago and southern California.

“We had a strong desire to stay in Cabarrus County,” said Doug Roy, Vice President, Schubert & Salzer, Inc.. “The International Business Park is the premiere Class A office space in our region and is a perfect fit for our firm.”

Located off Interstate 85 at NC Highway 73, the ICC is the first of four flex buildings that will total almost 300,000 square feet at The International Business Park’s 520-acre development. The flex building is currently owned and leased out by investment company, Wildwood Construction LLC. The initial building was completed in 2004, and is expected to house as many as 10 businesses. Units range in size from 5,000 to 50,000 square feet.

“The ICC provides the best Class A office space option in Cabarrus County,” said Bryan Crutcher, CB Richard Ellis. “The quality of the construction, other land-owners in the Park and the I-85 access make it a good fit for a variety of industries.”

AThe International Business Park at Concord is owned and managed by The Nolim Group, based in Boca Raton, FL. In addition to Schubert & Salzer USA, The International Business Park at Concord is home to the North American headquarters for Oiles North America.

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About The International Business Park at Concord, N.C.
The International Business Park at Concord, N.C. is high-quality business park located northeast of Charlotte, N.C. adjacent to I-85 in Cabarrus County. With 517 acres, the International Business Park at Concord offers a strategic master plan for development conceived through extensive research and attention to every detail. The result is a sophisticated business environment in which commerce can flourish. Currently more than 300 acres are available throughout the entire park while a 74,000 square-foot flex building is currently available for leasing and custom upfitting. The Nolim Group is ready to work together on land sales, leasing or build-to-suit projects.

The Park is divided into three developmental phases including, industrial/manufacturing and warehouse/distribution in phase one, warehouse/distribution, flex space and office for medical and professional services in phase two and lastly, a mixed-used phase including a combination of commercial retail, hotel and restaurants in phase three. Land can be parceled into one up to 100+ acre sites, depending on its location, each available for sale and ready for development.

Currently, The International Business Park is home to Owens Corning, Minka, DNP IMS America Corporation, Sysco Food Service of Charlotte, Inc., Pass & Seymour/Legrand, FedEx, Oiles America Corporation, and ESP Associates.

About The Nolim Group
The International Business Park at Concord is owned by real estate development and investment company, The Nolim Group, which is comprised of experienced real estate and business professionals with ties worldwide. Headquartered in Boca Raton, FL, The Nolim Group has taken a leadership role towards enhancing economic development within the Piedmont Region of North Carolina on a global scale.

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