IDI

Atlanta (February 14, 2006) -- Robert M. Tardy, a 19-year real estate veteran, has been named vice president of national leasing and marketing at IDI Services Group (IDISG), the third-party leasing and property management subsidiary of IDI. Tardy, who will work out of IDI’s corporate headquarters in Atlanta, will oversee a third-party portfolio consisting of nearly 29 million square feet of space owned by 12 institutional investors and a long-term hold portfolio totaling 19 million square feet.

He takes over the position from Jay Mitchell, who recently received a promotion to head up IDI’s Atlanta-area regional development office as vice president and regional development officer. Tardy joins IDISG from TPA (Technology Park/Atlanta) Realty Services, where he was vice president of leasing responsible for leasing and build-to-suit initiatives at the company’s business parks in metro Atlanta.

In addition, Tardy previously was vice president of office leasing at Duke Realty Corp., where he was recognized as the company’s national top producer in 2003 and national top-five producer in 2001 and 2002. He also is a 10-time NAIOP (National Association of Industrial and Office Properties) Million Dollar Award Recipient, which recognizes real estate professionals who generate $1 million or more in leases or sales in a year.

“Bob has an excellent reputation in the real estate community and he is very knowledgeable of the Atlanta market,” said Bert Calvert, senior vice president of real estate management for IDISG. In addition to overseeing national leasing and marketing activities for IDISG, Tardy will have direct leasing responsibilities in the Atlanta region.

“I’m looking forward to my role representing IDI’s third-party properties on a national level,” Tardy said. “With my experience working with institutional investors in my various leasing roles, I think the job at IDISG will be a perfect fit.”

After he joins IDISG on March 1, Tardy will work with Jay Mitchell while transitioning into his national leasing and marketing role. “Jay has set up a great model for me,” Tardy said. “The platform has been created, and I plan on building on it to continue expanding IDISG’s leasing portfolio.”

With a management portfolio of more than 51 million square feet, IDISG (www.idisg.com) provides comprehensive property management, leasing and construction management services to the industrial real estate industry. It currently manages property for IDI tenants, and tenants of third-party owners such as pension funds and insurance companies. IDI (www.idi.com) is a national, full-service industrial real estate developer based in Atlanta, providing strategically located properties throughout the U.S. to meet its tenants’ distribution, warehouse and light-manufacturing needs. IDI serves its clients’ industrial space needs at regional offices in Atlanta, Cincinnati, Chicago, Dallas, Fort Lauderdale, Los Angeles, Memphis and Philadelphia. IDI has developed more than 100 million square feet of industrial space worth $4.2 billion.