Tom Purtell Named Chief Operating Officer of Borelli Investment Company

Tom Purtell Named Chief Operating Officer of Borelli Investment Company

Will handle day-to-day operations-from technology systems to accounting

San Jose, Calif., June 14, 2006 — Tom Purtell has been promoted to chief operating officer of Borelli Investment Company, a leading San Jose-based provider of commercial real estate services, it was announced by Ralph N. Borelli, CEO. Previously asset manager and director of information services for the firm, in his new role Purtell will oversee all day-to-day operations for Borelli.

The company provides a wide range of services for commercial real estate including property management, sales and leasing, land sales and repositioning, syndicated real estate investments, property development, construction management, asset management, and court-appointed receiverships. “We are involved in an unusually diverse set of activities,” said Borelli. “This creates unique operating challenges on a daily basis. We are fortunate that Tom possesses a special combination of skills that will allow him to deal effectively with whatever challenges we might face.”

Purtell first joined Borelli Investment Company’s accounting department in 1995. His responsibilities soon expanded to include management of technology systems—including Borelli’s first web site and e-mail system, property management responsibilities, and project development. Most recently, Purtell developed Borelli Investment Company’s Junction Office Center, a 77,400 square foot office condominium project currently for sale in North San Jose’s Golden Triangle.

Before joining Borelli, Purtell was involved in the expansion of Hollywood Video, establishing a strong presence in Northern California with the opening of 11 stores. Prior to his work at Hollywood Video, Purtell also gained work experience in banking and finance.

Purtell holds a degree in accounting from San Jose State University. He is a member of the Building Owners and Managers Association (BOMA) and the Aircraft Operators and Pilots Association (AOPA). He resides with his family in Gilroy.

Borelli Investment Company is one of the oldest commercial real estate firms in the Santa Clara Valley, with more than 50 years of experience.  The company provides a full range of commercial real estate services-from development and construction management to land sales and consulting for sales and leasing.  More information about Borelli Investment Company’s services may be obtained by calling (408) 453-4700 or visiting www.borelli.com.

Contact: Ralph Borelli, CEO Borelli Investment Company 1770 Technology Dr. San Jose, CA 95110 Ph: 408.453.4700 Fax: 408.453.4636 E-mail: ralph@borelli.com

http://www.borelli.com