MATRIX DEVELOPMENT GROUP ACQUIRES 32,331 SQUARE FEET OF OFFICE SPACE
ADJACENT TO CRANBURY, NJ HEADQUARTERS

Two Buildings Purchased Near the Forsgate Country Club &
Interchange 8A of New Jersey Turnpike


CRANBURY, NJ (November 7, 2007) – Matrix Development Group has purchased two single-story office buildings totaling 32,331 square feet of office space adjacent to the company’s headquarters and the prestigious Forsgate Country Club in Cranbury. The facilities are less than two miles from the recently enhanced Exit 8A Interchange of the New Jersey Turnpike and have immediate access to Route 130.

The well-located and maintained buildings are located at 2 Centre Drive and 8 Centre Drive in Monroe Township. The location boasts substantial residential, corporate and restaurant opportunities for the local workforce.

“The Centre Drive facilities are strategically located near the Turnpike and are ideal for general business and medical offices,” said Matrix Development Group Vice President Hilary Budny. “The buildings offer suites ranging from 1,700 square feet to 16,000 square feet and are presently available for lease. Work is already underway to upgrade signage, landscaping and common areas in the buildings.”

2 Centre Drive provides 16,132 square feet of office space and 8 Centre Drive provides 16,199 square feet of space. Both buildings have attractive brick façades and plentiful parking. The facilities are part of an 11-building campus adjacent to the renowned Forsgate Country Club.

About Matrix Development Group
Matrix Development Group is a privately held, full-service real estate investment and development company with offices in New Jersey and Pennsylvania. The Company is active in the commercial, industrial, urban, residential, golf and hospitality markets throughout the Northeast and mid-Atlantic regions. Since its founding in 1979, the Company has developed real estate valued in excess of $1 billion and has been recognized for its leadership by numerous charitable, community and real estate organizations.

For more information on Matrix Development Group, please contact the Company’s Cranbury, New Jersey office at (732) 521-2900 or visit www.matrixcompanies.com.

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