GULLO INTERNATIONAL PRESS RELEASE

     December 14,  2005        

FOR IMMEDIATE RELEASE

      FOR ADDITIONAL DETAILS CONTACT JOHN F. O’DONNELL @ GULLO

ELK GROVE VILLAGE, ILLINOIS   Gullo International Development Corporation has announced that AVAD LLC, an electronics distributor, has leased the balance of the 2315-17 Landmeier Road property of 32,700 s.f. in the Sicula Business Park, Elk Grove.  The property is a  total of 65,400 s.f.

AVAD LLC was represented by Christopher King, President & CEO of Kingbrook Real Estate.

The Sicula Business Park is a seven building 260,000 s.f. development at Higgins, Landmeier and Touhy in the eastern part of Elk Grove Village.

“We are pleased to have AVAD LLC as a new tenant for the remaining ½ of this high image building, and we appreciate broker Kingbrook bringing this tenant to us,” according to GIDC President Giovanni Gullo.      

The entire property features: precast and a glass curtain wall in the front entry area; 25'/27’ clearance; 16 exterior docks; 2 drive-in-doors; and 86 car parking.  The building has reduced Cook County property taxes for a minimum of 12 years with a 6B classification that applies to new industrial construction.  

In addition, there are two brand new buildings available in the Sicula Business Park with 5,000 s.f. of office, 4 docks and 2 drive-in-doors, both 24,053 s.f. at 2316 Touhy and at 2320 Touhy.

For additional details contact Giovanni Gullo, Mariann Gullo or John F. O'Donnell @ Gullo International's Elk Grove office @ 847-364-7000 or web site www.gullo.com.

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