EVOQ Properties Announces Completion of Sale of Company To Investor Group Led by Atlas Capital and Square Mile Capital Management

EVOQ Properties Announces Completion of Sale of Company To Investor Group Led by Atlas Capital and Square Mile Capital Management

Acquisition Recognizes Revitalization of Downtown Los Angeles

PR Newswire

LOS ANGELES, Oct. 16, 2014 /PRNewswire/ — EVOQ Properties, Inc. (OTC US: EVOQ) today announced the completion of the sale of the company to an entity established by affiliates of Atlas Capital Group, LLC and Square Mile Capital Management LLC, effective as of October 9, 2014.

Procedures for receiving the merger consideration in exchange for EVOQ shares have been and will be furnished directly to EVOQ’s stockholders. For additional information, stockholders should contact American Stock Transfer & Trust Company, LLC, the paying agent, or their broker.

About EVOQ Properties, Inc.
EVOQ is one of the largest property owners in Downtown Los Angeles, with holdings in industrial, office, retail, residential, and mixed-use real estate.

About Atlas Capital Group, LLC
Atlas Capital Group, LLC was founded in March, 2006 by Jeffrey A. Goldberger and Andrew B. Cohen to invest in opportunistic, value-added real estate transactions globally. Atlas has formed strategic partnerships with institutional investors that co-invest alongside Atlas. Atlas’ portfolio consists of more than $2.5 billion of residential, office and retail assets in New York City, Boston, Washington, D.C., Los Angeles, Miami, London and Dublin. Atlas is a full service real estate investment, development and management firm. http://www.atlas-cap.com

About Square Mile Capital Management LLC
Square Mile Capital Management LLC is a diversified real estate investment firm that focuses on sourcing and managing real estate and related equity, debt and hybrid investments on behalf of select institutional and private investors. Square Mile takes a value oriented approach to its investment activities, with an emphasis on opportunities to acquire or capitalize assets or enterprises that are undervalued, overlooked, complex or mispriced. http://www.squaremilecapital.com

SOURCE EVOQ Properties, Inc.

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