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10/00 Press Release
     
 
First Domino Falls at Imperial Lakewoods Commercial

CLEARWATER, Florida - Bison Financial Group, Inc., a real estate brokerage firm based here announces the sale of a 2.04 acre commercial parcel at Parc Imperial, located at Imperial Lakewoods Golf and Country Club just off I-75 and Exit 45 in Palmetto, Florida. The purchaser, a major Tampa Bay investment and development firm is currently in discussions to build a gas/convenience store on the site.

David Repka, President of Bison, who was the exclusive listing and selling broker in this transaction says, "We are please to have sold the first commercial lot at Imperial Lakewoods and are currently marketing 5 additional parcels that are suitable for a variety of retail, restaurant, multifamily and hotel uses. The rapid growth of Manatee County as the new development hotspot is inevitable as there is just no more dirt available in Pinellas County. Manatee is where the action will be for the foreseeable future." A copy of the internet sales package is available at http://www.bisonfinancial.com/selling/imperial_salespkg2.html.

Developer Dennis Bradford states, "I've known in my gut for 2 years now that Manatee County is the place to be. We are only 20 minutes to Sarasota, St. Pete and Brandon. I can get to the airport faster from Imperial Lakewoods than from my Tarpon Springs home. It is great to have your instincts confirmed by such an astute investor as our purchaser. It has help us crystallize our thinking and now more than ever our partnership is willing to participate in a joint venture to develop additional sites at Parc Imperial."

Parc Imperial is a 15 acre parcel of land adjoining the Imperial Lakewoods Golf and Country Club. The commercial lots feature expansive views of the 18 hole championship golf course and the new residential subdivision, the Fairways at Imperial Lakewoods, featuring 300 homes being built by Ryland Homes the nation's fifth largest homebuilder.

Bison Financial Group, Inc. specializes in buying, selling and financing commercial real estate transactions with intense time pressure. Since the firm was founded in 1994 Bison has closed approximately $200 million in transactions.