Since 1992, Millis Management Corporation has formed strategic alliances with individuals and other corporate entities to acquire real estate for investment purposes. As an advisor to institutional clients owning income producing real estate in the mid 1980's, it was second nature for Mr. Millis to identify distressed properties that could be turned around with the appropriate expertise and capitalization. One such property was a 40,000 square foot office warehouse center that was acquired with less than 50% occupancy, leased to 100% occupancy and sold for a profit. Creating value through the development process takes imagination, experience, capital and a willingness to take risk. The Millis group of companies has exemplified these characteristics many times over in the past thirteen years. Currently, the Millis group of companies is building a portfolio of investment properties for future development. In addition, it is the intent to diversify the corporate holdings to contain more commercial income producing properties and an ongoing search continues for this type of product.