SPRING FOOTWEAR PURCHASES FORMER FURNITURE SHOWROOM FOR HEADQUARTERS EXPANSION AND RELOCATION

Pompano Beach, FL – October 17, 2011 – (RealEstateRama) — Leveraging the conditions of the market favoring both tenants and buyers, Spring Holdings Realty, LLC recently purchased a 58,811-square-foot showroom to serve as the new headquarters for Spring Footwear. Visible from Interstate 95, the facility at 1001 West McNab Road was formerly occupied by City Furniture. The freestanding building was purchased for an undisclosed price in an all-cash transaction.