Calare Properties’ Bryan Blake Named Panelist for REFA Fall Conference

September 1, 2015

President of leading real estate investment firm to discuss trends in Boston’s suburban market

Hudson, MA (August 31, 2015) – Calare Properties (Calare),
a private, Massachusetts-based investment firm with a focus on industrial real estate, announced today that Bryan Blake, the firm’s President,
has been selected to speak at the Real Estate Finance Association (REFA) Fall Conference on September 11, 2015. The event will be held at the Westin Hotel
in Waltham, MA, and will offer an in-depth presentation highlighting the latest trends in Boston’s dynamic suburban real estate market.

As President of Calare, Blake provides strategic leadership and day-to-day management of the firm’s business operations. Additionally, he participates
in the development of investment strategy and directs the execution of Calare’s portfolio management platform to ensure its implementation across investment
and asset management. He is a member of the firm’s Investment and Senior Management Committees and holds a Bachelor’s Degree in Public Policy & Law from Trinity
College.

“Events such as the REFA Fall Conference are vital in keeping real estate professionals informed and up-to-date on important trends as Boston continues
its transformation,” commented Blake. “Calare is a premier owner and operator of numerous properties throughout Massachusetts. With a strong portfolio
of well-positioned assets, a solid investment strategy, and a track record of successful deals, I am excited for the opportunity to provide in-depth insight
into current conditions and the surrounding markets.”

Featuring some of the industry’s most active players, Blake will be joined by Keynote Speaker Hans Nordby, Managing Director, Costar’s
Portfolio Strategy, and Moderator Heather Brown, Senior Vice President at Jones Lang LaSalle (JLL). Additional panelists will include
Deane Dolben, President of The Dolben Company, and Rick Griffin, Senior Vice President, Director of Investments at RJ Kelly.

The REFA Fall Conference will review overall market influences, development projects, and the current financial environment. Topics of focus will include the
current state of Boston’s suburban market, the continued strength of Waltham, Burlington, and Needham, and the development of other growing areas including
Westwood, Braintree, and Quincy.

For more information including ticket prices, please visit http://bit.ly/1MxMrBV or contact Maggie Collins
at mcollins@gbreb.com.

About Calare Properties

Calare Properties is a private real estate manager and operator focused on acquiring warehouse, manufacturing, research and flex/office commercial real
estate for the economic benefit of our investors and strategic partners. Since the firm’s inception in 2003, Calare has led the acquisition of over
15 million square feet of properties representing $650 million in transactions through funds, direct deals and a multi-asset portfolio. Further information
is available at www.calare-staging.grrush1n-liquidwebsites.com.


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