“Right now is an exceptional time for San Francisco Bay Area real estate and the same can be said of our exceptional team of McGuire Agents serving seven counties across all four regions,” said Charles E. Moore, President/CEO of McGuire Real Estate. “I couldn’t be more pleased with this group of hardworking professionals who continue to carry the McGuire spirit into the years ahead.”

PENINSULA

Jacklyn Friedland has been successfully representing home buyers and sellers across the Bay Area for more than a decade. She specializes in selling high net worth property, working short sales and REOs, investment and development, customer relationship management, residential and commercial real estate, and sports relocation services. A family background in real estate and strong ties to the community, Jacklyn has developed valuable relationships unique to other business models. She is a preferred REALTOR® to the San Francisco 49ers organization and has worked with many professional athletes to purchase, sell or lease property in the Bay Area.

SAN FRANCISCO – SOMA

Tori Patton is a fifth generation Bay Area native that has a deep understanding for what makes San Francisco and the Bay Area a great place to live. Growing up on the peninsula and living in the city give her a local’s familiarity with many different parts of the Bay Area, as well as access to an extensive network which is an invaluable asset to her clients. Tori began her real estate career by teaming up with a Top Producer at McGuire’s SOMA Office, and over the course of the last two years she has helped successfully close over 30 transactions. A resident of the Marina District and member of the Marina Community Association, she stays involved on the latest developments and changes in the neighborhood.

Vernon Pipkin is a longtime resident of San Francisco that’s well-versed in the construction of residential high rise buildings and single-family dwellings. He enjoys working with people from all walks of life — whether it is buyers or sellers — and helping them realize the value and potential of a home and neighborhood is what allows him to build strong relationships and results for his trusted clients. Vernon has more than 15 years of experience working with both national and international corporations. He’s owned and operated his own design and mechanical product manufacturing company servicing the building industry.

Tim Farnham is best known for his dedication to his client relationships, whether they’re in the process of buying or selling their home. His clients often comment that the greatest perk to working with him is the personal attention that he affords for every single client. It can be difficult to find another agent with as much positive energy and enthusiasm as Tim possesses.

SAN FRANCISCO – MARINA

Ryan Maliszewski is a third-generation real estate professional whose design and marketing expertise gives him a unique and powerful perspective on how to identify and unlock the underlying value of a building for its owners. He also focuses on analyzing and understanding market data and trends with the help of McGuire’s in-house research department. As a recent first-time buyer of a multi-unit rental property, Ryan personally understands the ups and downs of the real estate transaction process. For his clients, Ryan makes the real estate process smooth and exciting by applying his unique experience and passion to showcase San Francisco’s hidden gems.

EAST BAY

Kim Florence brings to her clients a love of home and design, a determination to deliver results, an uncompromising eye for detail, experience in social media and use of the latest technology, and a sense of humor. Prior to real estate, she was a Consultant with BearingPoint where she spent the majority of her time writing, reviewing and presenting contracts between her company and the State of California. Although her education and work experience lend itself well to contract writing and negotiation, it was Kim’s love of everything house and home that brought her to real estate.

Patricia Pillsbury is a fifth generation San Franciscan and a homeowner for over three decades. With deep roots in the city, she’s expanded her horizons to the East Bay’s beautiful Berkeley and its neighboring communities. In addition to her personal knowledge of the Bay Area, Patricia offers a network of real estate professionals including mortgage brokers, inspectors, stagers, and title companies. A lifelong equestrian, she now enjoys riding the trails in Tilden Park, giving her a unique perspective of all that the East Bay has to offer.

Tom Chantler has a seasoned eye for aesthetics and the possibilities inherent in homes. A longtime resident of Rockridge and Upper Rockridge, Tom is familiar with the intricacies and charms of our diverse and eclectic East Bay neighborhoods. Tom is one of the Bay Area’s top voiceover talents. His career has spanned two decades and he is represented in San Francisco, Portland, Los Angeles and New York. Chances are that you have heard his voice or seen his face on the air.

MARIN

Cynthia Rosen is a full-time REALTOR® in Marin County, who prior to McGuire was with Alain Pinel Realtors in Corte Madera, and prides herself on being a “one stop real estate shop” for her clients. Before representing home buyers and sellers, she was a Wholesale Loan Officer with StoneCastle Land Home Financial where she specialized in refinancing, and an Insurance Broker with New York Life Insurance Company. Cynthia is a member of the National Association of REALTORS®, Marin Association of REALTORS®, and Rotary Club of Corte Madera, as well as a Certified Negotiation Specialist.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral part of the real estate scene in the San Francisco Bay Area for over 90 years. A mid-sized, regional boutique, McGuire specializes in luxury real estate but applies the highest standards of service to properties in every price range, and to every client. Its customer first philosophy and local focus has proved to be a winning formula for this Bay Area real estate leader. McGuire’s affiliation with Luxury Portfolio International successfully connects its clients and agents to a worldwide marketplace. McGuire operates three offices in San Francisco, one in Marin County, one in Burlingame serving the Peninsula, and one in Berkeley serving the East Bay.

To learn more about McGuire Real Estate, contact us at clientcare@mcguire.com, 1-800-4-RESULTS or visit mcguire.com.

Article source: http://www.constructiondigital.com/press_releases/residential-real-estate/mcguire-real-estate-expands-its-local-reach-with-nine-new-agents-across-the-bay-area

Heralded by the Obama White House’s Better Building Challenge that seeks 20 percent energy reductions by 2020, the California Best Buildings Challenge tasks participants to reach 20 percent reductions in energy, water and waste in existing commercial buildings in just two years!

Seven new companies, including Bayer, Integral Group, Lockheed Martin, Method, Onyx Pharmaceuticals, Webcor Builders and XL Construction will join existing participants Adobe, Genentech, Google, Prudential Real Estate Investors, SAP and Zynga. Together the companies own or operate more than six million square feet of commercial building space.

Rick Fedrizzi, president, CEO and founding chairman of the USGBC made the announcement on-stage at the W Hotel in San Francisco during a Road to Greenbuild event leading up to the Greenbuild International Conference and Expo, which runs from November 12 – 17 in San Francisco. The event was attended by 150 regional executives and included a luncheon, keynote by Fedrizzi, and appearances by executives from the participating companies.

“California companies have always been trail blazers,” said Dan Geiger, executive director, USGBC-NCC. “When President Obama initiated the Better Buildings Challenge, we thought California firms could go further with the California Best Buildings Challenge. In the lead up to Greenbuild coming to its birthplace San Francisco, these firms are stepping up to pursue aggressive environmental goals in a landmark accelerated time frame – and most importantly, to inspire others to do the same.”

USGBC-NCC developed the Challenge, launching it with former President Clinton at the closing plenary event of the 2012 Clinton Global Initiative America meeting, which focused on identifying solutions to the economic turmoil in the United States. CGI America identified the Challenge as an excellent approach to addressing clean electricity and efficiency.

“Some of the companies are committing to pursue the Challenge in already very efficient, even LEED Platinum, buildings,” said Ashleigh Talberth, of USGBC-NCC, director of the California Best Buildings Challenge. “This Challenge could kick start a new wave of unprecedented, cutting-edge sustainability.”

The USGBC is committed to a prosperous and sustainable future through cost-efficient and energy-saving green buildings by utilizing its market-transforming LEED green building certification program, educational programs, a nationwide network of professionals, and the annual Greenbuild International Conference and Expo. USGBC-NCC is one of the largest chapters in the country with more than 22,000 constituents, 10,000 LEED accredited professionals and more than five percent of the world’s LEED-certified square footage.

Allen Smith, CEO of Prudential Real Estate Investors, said, “As a major investor in commercial real estate around the world, PREI is committed to our investors, our tenants, and each other to find creative, sustainable approaches to building, improving and managing property. We’re excited to be part of the California Best Buildings Challenge as it is an opportunity to demonstrate that commitment by bringing out the best in us while improving our environmental practices.”

“SAP is committed to developing innovations that help run operations more sustainably for ourselves and our customers. A key part of SAP’s sustainability leadership is our dedication to environmentally-sustainable buildings, including optimizing the efficiency of our existing buildings and when creating new buildings from the ground up. By participating in the California Best Buildings Challenge, all companies have an opportunity to demonstrate how they are driving sustainability into their core business strategy and communities,” said Peter Graf, chief sustainability officer at SAP.

Phil Williams, Webcor Builders’ vice president of technical systems and sustainability, stated, “As the region’s leading builder, sustainability is pivotal for Webcor’s designs, job sites, business practices, and research and development. Through a combination of experience and innovation, we are fundamentally committed to improving the quality of the built environment and collaboratively delivering this knowledge to the industry.”

Dave Beck, vice president, XL Construction, added, “XL Construction is excited to be joining the likes of Genentech, Google and Zynga in the California Best Buildings Challenge. As a builder committed to sustainability, we are always seeking better ways to serve our clients and communities. In challenging ourselves to meet the 20% reduction of energy, water, and waste in two years, we will be implementing strategies at home that we can then bring to our clients with living proof of efficacy and cost-effectiveness. We also hope to lead the industry in continuing to push the boundaries of efficiency and sustainable building.”

Article source: http://www.costar.com/News/Article/13-Bay-Area-Companies-Join-USGBCs-California-Best-Building-Challenge/141700

Dave has more than 15 years of experience in real estate management and over 20 years in real estate sales. He’s a lifelong resident of Palo Alto, Atherton, and Menlo Park; he learned the local business at an early age through his family’s real estate company.

Dave thoroughly understands what it takes to buy and sell Peninsula real estate, and has built a long career in marketing and sales of fine properties across his area. After a successful sales career at Grubb Ellis and Fox Carskadon, Dave stepped into the companies’ management positions, and most recently served as the Branch Manager for Coldwell Banker, Menlo Park from 2000-2010.

“With over 30 years of industry experience, Dave brings a wealth of knowledge with him and is a great asset to McGuire,” said President/CEO, Charles E. Moore. “We’re very excited to have him lead our Burlingame office and team of agents on the Peninsula.”

Dave has overseen the details of nearly 5,000 listing and sales transactions throughout his management career; he provides extensive training, mentoring, coaching, and continuing education for his agents. He relies on his personal negotiation skills — critical to successful transactions — to assist agents in closing sales in a very competitive, complex and high-profile marketplace.

Dave is the former president of the Silicon Valley Association of Realtors and represents buyers and sellers in: Atherton, Menlo Park, Palo Alto, Portola Valley, and Woodside.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral part of the San Francisco Bay Area real estate scene for more than 90 years. A mid-sized, regional boutique, McGuire specializes in luxury real estate but upholds the highest standards of service to properties in every price range, area, and to every client. Its customer first philosophy and local focus continues to be the proven winning formula as a Bay Area real estate leader. McGuire’s affiliation with Luxury Portfolio — an exclusive network of luxury properties worldwide, and its parent organization Leading Real Estate Companies of the World, the largest global real estate network in the industry — successfully connects its clients and agents to a worldwide marketplace. McGuire operates three offices in San Francisco, a Marin office in Mill Valley, one in Burlingame serving the Peninsula, two in the East Bay.

To learn more about McGuire Real Estate, contact us at clientcare@mcguire.com, 1-800-4-RESULT, or visit www.mcguire.com. “Like” our Facebook Page and follow @mcguire_re for all things Bay Area real estate related.

Article source: http://www.marketwire.com/press-release/mcguire-real-estate-proudly-welcomes-dave-hobson-as-vp-sales-manager-its-burlingame-1634158.htm

SAN FRANCISCO, CA, Mar 20, 2012 (MARKETWIRE via COMTEX) –
Dave Hobson, former director and regional chair for the California
Association of REALTORS(R) (CAR), joins McGuire Real Estate’s
Peninsula team as the Vice President, Sales Manager of its Burlingame
office.

Dave has more than 15 years of experience in real estate management
and over 20 years in real estate sales. He’s a lifelong resident of
Palo Alto, Atherton, and Menlo Park; he learned the local business at
an early age through his family’s real estate company.

Dave thoroughly understands what it takes to buy and sell Peninsula
real estate, and has built a long career in marketing and sales of
fine properties across his area. After a successful sales career at
Grubb Ellis and Fox Carskadon, Dave stepped into the companies’
management positions, and most recently served as the Branch Manager
for Coldwell Banker, Menlo Park from 2000-2010.

“With over 30 years of industry experience, Dave brings a wealth of
knowledge with him and is a great asset to McGuire,” said
President/CEO, Charles E. Moore. “We’re very excited to have him lead
our Burlingame office and team of agents on the Peninsula.”

Dave has overseen the details of nearly 5,000 listing and sales
transactions throughout his management career; he provides extensive
training, mentoring, coaching, and continuing education for his
agents. He relies on his personal negotiation skills — critical to
successful transactions — to assist agents in closing sales in a
very competitive, complex and high-profile marketplace.

Dave is the former president of the Silicon Valley Association of
Realtors and represents buyers and sellers in: Atherton, Menlo Park,
Palo Alto, Portola Valley, and Woodside.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral
part of the San Francisco Bay Area real estate scene for more than 90
years. A mid-sized, regional boutique, McGuire specializes in luxury
real estate but upholds the highest standards of service to
properties in every price range, area, and to every client. Its
customer first philosophy and local focus continues to be the proven
winning formula as a Bay Area real estate leader. McGuire’s
affiliation with Luxury Portfolio — an exclusive network of luxury
properties worldwide, and its parent organization Leading Real Estate
Companies of the World, the largest global real estate network in the
industry — successfully connects its clients and agents to a
worldwide marketplace. McGuire operates three offices in San
Francisco, a Marin office in Mill Valley, one in Burlingame serving
the Peninsula, two in the East Bay.

To learn more about McGuire Real Estate, contact us at
clientcare@mcguire.com, 1-800-4-RESULT, or visit
www.mcguire.com .
“Like” our Facebook Page and follow @mcguire_re for all things Bay
Area real estate related.

Image Available:

http://www2.marketwire.com/mw/frame_mw?attachid=1923792

SOURCE: McGuire Real Estate

Copyright 2012 Marketwire, Inc., All rights reserved.

Article source: http://www.marketwatch.com/story/mcguire-real-estate-proudly-welcomes-dave-hobson-as-the-vp-sales-manager-of-its-burlingame-office-2012-03-20

TORONTO, ONTARIO, Nov 10, 2011 (MARKETWIRE via COMTEX) –
Allied Properties REIT


/quotes/zigman/26584 CA:AP.UN
+0.59%



announced today that it has
entered into agreements to purchase the following properties for $112
million:

                                                 Total    Office    Retail   Parking
        Address                                    GLA       GLA       GLA    Spaces
        ----------------------------------------------------------------------------
        Leeson and Lineham Block, Calgary       30,770    25,594     5,176         4
        Westcoast Building, Calgary             19,499    19,499         0         9
        The Chambers, Ottawa                   211,110   196,328    15,951       144
        ----------------------------------------------------------------------------
        Total                                  261,379   241,421    21,127       157
        ----------------------------------------------------------------------------

Allied also announced that it has entered into an agreement to sell 67
Richmond Street West in Toronto for $13.5 million.

With the acquisitions announced today, Allied has completed or
announced 23 acquisitions in 2011 for $461 million. “On closing of
these acquisitions, we’ll have established five new target markets in
a short period of time,” said Michael Emory, President CEO. “While
adhering to our investment and operating focus, we’ve propelled our
urban office portfolio to a national scale and significantly boosted
our annual AFFO per unit in the process.”

Calgary Acquisitions

Located on the Stephen Avenue Mall, immediately west of Fashion
Central, which Allied acquired earlier this year, the Leeson and
Lineham Block (209 – 8th Avenue S.W.) is a restored heritage property
comprised of 30,770 square feet of GLA and four surface parking
spaces. It is fully leased to tenants consistent in character and
quality with Allied’s tenant base. Built in 1910 as one of several
business blocks, the property was extensively restored and renovated
between 1998 and 2000. It is on the Inventory of Evaluated Historic
Resources maintained by the City of Calgary.

Located on the 11th Avenue S.W., in close proximity to the Roberts
Block, which Allied acquired earlier this year, the Westcoast
Building (522 – 11th Avenue S.W.) is a restored heritage property
comprised of 19,499 square feet of GLA and nine surface parking
spaces. It is fully leased to tenants consistent in character and
quality with our tenant base. Built in 1912 as a warehouse, the
property was extensively restored and renovated in the 1980s. It is
on the Inventory of Evaluated Historic Resources maintained by the
City of Calgary.

Ottawa Acquisition

Located on the southwest corner of Sparks and Elgin, just west of
Confederation Square and a half-block south of the Parliament
Buildings, The Chambers (40-46 Elgin Street) is comprised of four
contiguous structures, three of which are heritage buildings and the
fourth of which is a 14-storey office building. Similar to what
Allied envisages with respect to its large-scale intensification
project at QRC West, the property is comprised of 211,110 square feet
of GLA and 144 underground parking spaces. It is 96.5% leased to
investment-grade tenants, including the National Capital Commission
(70% of the GLA) and Shaw Communications. The leases have a weighted
average lease term in excess of 6.7 years. The heritage components of
the property–The Scottish-Ontario Chambers, The Central Chambers and
The Bell Block–were constructed between 1867 and 1891, renovated
extensively in 1994 and are designated under the Ontario Heritage
Act. The newer component of the property was constructed in 1994.

Toronto Disposition

Located on the south side of Richmond Street, just west of the
intersection with Bay Street, 67 Richmond Street West is comprised of
50,122 square feet of GLA and is fully leased. It has no strategic
significance in the context of Allied’s portfolio. On disposition at
the sale price, the property will have afforded a very high internal
rate of return to Allied’s unitholders over a six-year period.

Closings and Financing

The disposition is expected to close in December of 2011, and the
acquisitions are expected to close by the end of February, 2012, in
all cases subject to customary conditions. The purchase price for the
three properties to be acquired represents a capitalization rate of
approximately 6.7% applied to the annual net operating income (“NOI”)
in year one. On closing, the Leeson and Lineham Block will be subject
to a first mortgage financing in the approximate principal amount of
$5.24 million, having a term expiring in July of 2013, bearing
interest at 4.25% per year and payable in blended instalments of
principal and interest based on a 25-year amortization period. The
Chambers will be subject to a first mortgage in the principal amount
of $52.4 million, having a term expiring in September of 2018,
bearing interest at an effective rate of 3.8% per year and payable in
blended instalments of principal and interest based on a 20-year
amortization period. The remaining property will be free and clear on
closing. Allied will fund the acquisitions with proceeds from
recently completed first mortgage financings.

Cautionary Statements

This press release may contain forward-looking statements with
respect to Allied, its operations, strategy, financial performance
and condition. These statements generally can be identified by use of
forward looking words such as “may”, “will”, “expect”, “estimate”,
“anticipate”, intends”, “believe” or “continue” or the negative
thereof or similar variations. The actual results and performance of
Allied discussed herein could differ materially from those expressed
or implied by such statements. Such statements are qualified in their
entirety by the inherent risks and uncertainties surrounding future
expectations, including that the transactions contemplated herein are
completed. Important factors that could cause actual results to
differ materially from expectations include, among other things,
general economic and market factors, competition, changes in
government regulations and the factors described under “Risk Factors”
in Allied’s Annual Information Form, which is available at

www.sedar.com . These cautionary statements qualify all
forward-looking statements attributable to Allied and persons acting
on Allied’s behalf. Unless otherwise stated, all forward-looking
statements speak only as of the date of this press release and the
parties have no obligation to update such statements.

“Capitalization rate” is not a measure recognized under International
Financial Reporting Standards (“IFRS”) and does not have any
standardized meaning prescribed by IFRS. Capitalization rate is
presented in this press release because management of Allied believes
that this non-IFRS measure is relevant in interpreting the purchase
price of the properties being acquired. Capitalization rate, as
computed by Allied, may differ from similar computations as reported
by other similar organizations and, accordingly, may not be
comparable to capitalization rate reported by such organizations.

NOI is not a measure recognized under IFRS and does not have any
standardized meaning prescribed by IFRS. NOI is presented in this
press release because management of Allied believes that this
non-IFRS measure is relevant in interpreting the purchase price of
the property being acquired. NOI, as computed by Allied, may differ
from similar computations as reported by other similar organizations
and, accordingly, may not be comparable to NOI reported by such
organizations.

Allied Properties REIT is a leading owner, manager and developer of
urban office environments that enrich experience and enhance
profitability for business tenants operating in Canada’s major
cities. Its objectives are to provide stable and growing cash
distributions to unitholders and to maximize unitholder value through
effective management and accretive portfolio growth.

        Contacts:
        Allied Properties Real Estate Investment Trust
        Michael R. Emory
        President and Chief Executive Officer
        (416) 977-0643
        memory@alliedpropertiesreit.com

SOURCE: Allied Properties Real Estate Investment Trust

        mailto:memory@alliedpropertiesreit.com

Copyright 2011 Marketwire, Inc., All rights reserved.

/quotes/zigman/26584

Add AP.UN to portfolio

CA:AP.UN

Article source: http://www.marketwatch.com/story/allied-properties-real-estate-investment-trust-announces-continued-expansion-in-western-canada-expansion-into-ottawa-and-disposition-of-non-core-asset-in-toronto-2011-11-10?reflink=MW_news_stmp

SAN FRANCISCO, CA, Oct 12, 2011 (MARKETWIRE via COMTEX) –
Dierk Herbermann, a licensed real estate broker, attorney, and
consistent top producer, joins the McGuire Real Estate team in Marin
as its Vice President, Sales Manager of the Mill Valley and Tiburon
offices.

“I’m honored to have the opportunity to work alongside some of the
best agents in Marin,” said Dierk. “McGuire is not only a
forward-thinking brokerage within the Bay Area marketplace, but also
a highly-coveted luxury brand and I’m proud to be affiliated with
it.”

As a manager, Dierk is committed to growing McGuire’s presence north
of the Golden Gate, and brings with him the knowledge, power, and
experience to do so. He comes to McGuire as the former Assistant
Manager of the Coldwell Banker Greenbrae office, where he was also a
top producer. Dierk has successfully coached, advised, and recruited
Marin’s top agents over the years, and in 2010, was recognized as the
top agent within his office.

“We’re very fortunate and pleased that Dierk, with his depth of
experience and knowledge as both an attorney and real estate
professional has come to lead our team in Marin,” said Charles E.
Moore, President/CEO of McGuire Real Estate. “His integrity,
background, and passion for the business coincides with our
commitment to provide superior service to each McGuire agent and
client.”

Dierk began his career as the sales, licensing, and real estate
counsel for Autodesk, Inc. in San Rafael. He worked as general
counsel and business development director for two software start-ups
prior to starting his own practice focused on emerging companies.
Dierk’s strength in contracts, sales and negotiation complements his
knowledge of the real estate market. He also personally invests in
real estate and has remodeled several properties. The knowledge of
how to maximize a home’s value in any market has proven to be a great
asset in advising clients and agents.

Dierk graduated magna cum laude from Boston College with a B.A. in
History. He then earned his J.D. from Golden Gate University School
of Law. He is a member of the California State Bar and several real
estate networking groups. Dierk is a long-time volunteer and former
President of the Glenwood Elementary School Foundation. He also
volunteers for Habitat for Humanity and Rebuilding Together San
Francisco. He stays in shape training for triathlons, playing soccer,
skiing and trying to keep up with his three daughters.

ABOUT MCGUIRE REAL ESTATE
McGuire Real Estate has been an integral
part of the San Francisco Bay Area real estate scene for more than 90
years. A mid-sized, regional boutique, McGuire specializes in luxury
real estate but upholds the highest standards of service to
properties in every price range, area, and to every client. Its
customer first philosophy and local focus continues to be the proven
winning formula as a Bay Area real estate leader. McGuire’s
affiliation with Luxury Portfolio — an exclusive network of luxury
properties worldwide, and its parent organization Leading Real Estate
Companies of the World, the largest global real estate network in the
industry — successfully connects its clients and agents to a
worldwide marketplace. McGuire operates three offices in San
Francisco, one in Burlingame serving the Peninsula, two in the East
Bay, and one in Marin County.

To learn more about McGuire Real Estate, contact us at
clientcare@mcguire.com, 1-800-4-RESULT, or visit
www.mcguire.com .
“Like” our Facebook Page and follow @mcguire_re for all things Bay
Area real estate related.

Image Available:

http://www2.marketwire.com/mw/frame_mw?attachid=1762954

SOURCE: McGuire Real Estate

Copyright 2011 Marketwire, Inc., All rights reserved.

Article source: http://www.marketwatch.com/story/mcguire-real-estate-proudly-welcomes-dierk-herbermann-as-the-vp-sales-manager-of-its-marin-offices-2011-10-12

SAN FRANCISCO–(BUSINESS WIRE)–Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today announced
that it has hired long-time Palo Alto banker, Katie Seedman, as Senior
Vice President/Relationship Manager in the Mid-Peninsula Regional Office.

“We look forward to having Katie on the Presidio Bank
team. Her professionalism and dedication to exceptional customer service
aligns perfectly with our corporate culture.”

Most recently, Katie Seedman worked as Senior Vice President and Private
Banker for Borel Private Bank and Trust Company. Prior to that, while at
Greater Bay Bank she worked with Steve Heitel, Presidio Bank’s President
CEO, and Clay Jones, Presidio Bank’s Mid-Peninsula Market President.
In addition, she has experience at University Bank Trust Company and
Bank of America.

“Katie is well-known for her warm and engaging personality. She goes
above and beyond to serve her clients, making their banking experience
easy,” Clay Jones stated.

In addition to over 30 years of banking experience, Katie Seedman is a
well-rounded individual with roots in the local community. She earned a
B.A. in Political Science from San Jose State University and raised her
family in the Palo Alto area. She is an avid athlete who enjoys running,
playing soccer, and bicycling. Recently, she placed second in the US
Masters Track Field event for the 100M Dash. Katie is also committed
to the community and an active board member of the Rotary Club of Palo
Alto.

Clay Jones added, “We look forward to having Katie on the Presidio Bank
team. Her professionalism and dedication to exceptional customer service
aligns perfectly with our corporate culture.”

About Presidio Bank

Presidio Bank provides business banking services to small and mid-size
businesses, including professional service firms, real estate developers
and investors, and not-for-profit organizations, and to their owners who
desire personalized, responsive service with access to local decision
makers. Presidio Bank offers clients the resources of a large bank
combined with the personalized services of a neighborhood bank. Presidio
Bank is headquartered in San Francisco, California and currently
operates four banking offices in San Francisco, Walnut Creek, San Rafael
and Palo Alto. More information is available at www.presidiobank.com.
Presidio Bank is a member of FDIC and an Equal Housing Lender.

This press release contains certain forward-looking statements that
involve risk and uncertainties. These statements are identifiable by use
of the words “believe,” “expect,” “intend,” “anticipate,” “plan,”
“estimate,” “project,” or similar expressions. The risks and
uncertainties that may affect the operations, performance, development,
growth projections and results of Presidio Bank’s business include, but
are not limited to, the growth of the economy, interest rate movements,
timely development by Presidio Bank of technology enhancements for its
products and operating systems, the impact of competitive products,
services and pricing, client-based requirements, Congressional
legislation, changes in regulatory or generally accepted accounting
principles and similar matters. Readers are cautioned not to place undue
reliance on forward-looking statements which are subject to influence by
the named risk factors and unanticipated future events. Actual results,
accordingly, may differ materially from management expectations.

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Article source: http://www.businesswire.com/news/home/20110729006201/en/Dedicated-Experienced-Banker-Joins-Presidio-Bank