2008-10-30 15:43:04 -

- Sitar Company, a leading New Jersey commercial real estate firm, announced today that it represented Kellogg Sales Company, a division of food giant Kellogg Company, on the renewal of the Company's lease for their Philadelphia area Distribution Center located at 2201 Cabot Blvd. West in Langhorne, PA. The three-year agreement represents 102,320-square-feet of warehouse distribution space. Gregg Nowell, John O'Hearn and Christopher Santoro, all Sitar Company representatives, advised Kellogg Sales Company on the transaction.

Kellogg Sales Company has occupied the space for 12 years to serve as a regional warehouse and distribution center for the Company's snack products.

"We are pleased to continue our relationship with Sitar Company," said Alan Darner, Real Estate Director, Kellogg Sales Company.

"Their local market expertise and comprehensive knowledge were instrumental in completing this transaction."

"While there are a growing number of other opportunities in the Philadelphia area, Kellogg Sales Company chose to extend its lease at this location as it provides the best economics for the short term," said Gregg Nowell, Senior Vice President, Sitar Company. "As a long-term client, we have enjoyed helping Kellogg Sales Company solve their commercial real estate needs over 10 years and look forward to working together on future projects."

ABOUT SITAR COMPANY

Based in Iselin, New Jersey, Sitar Company - ONCOR International is a leading commercial real estate firm that specializes in retail, office and industrial leasing and sales, property disposition, consulting for acquisitions, investments, joint ventures and asset management. Sitar Company is also active in tenant representation as well as owner representation for exclusive agencies. Local knowledge of the New Jersey real estate market has often meant a shorter lease-up period for exclusive properties and the firm has consistently represented corporations for some of the largest leases signed in the metropolitan area. The Company also has offices in both Sea Girt and Asbury Park which focus on both commercial and residential real estate. For more information, please visit our website at www.sitarcompany.com.

Media:
Berns Communications Group
Michael McMullan/Jessica Liddell, 212-994-4660