WALNUT CREEK, Calif., February 7, 2005 -- Pembroke Real Estate announced today four financial services firms have leased a total of nearly 20,000 square feet of space at Ygnacio Center in Walnut Creek.  The 500,000-square-foot Ygnacio Center complex, which is comprised of three office buildings, is nearly 80 percent occupied.

YCMNET Advisors, a fee-based investment advisory firm, will occupy 8,500 square feet of space at Three Ygnacio Center.  Aames Funding Corporation, which is a subsidiary of Aames Investment Corporation, a mortgage real estate investment trust, signed a lease to occupy 5,000 square feet at One Ygnacio Center.   Sun Life Assurance Company of Canada, a financial services organization, and Hopper and Associates, a certified public accounting firm, have leased 4,100 and 2,000 square feet, respectively, at Two Ygnacio Center.

“Our commitment to developing and maintaining the highest quality at this prime location has resulted in continued strong leasing momentum at Ygnacio Center,” said Edward C. Johnson IV, vice president of development for Pembroke Real Estate U.S.  “As part of this effort, we are further enriching the landscaping at Ygnacio Center to enhance the experience for our tenants and visitors. We are pleased that Ygnacio Center is continuing to be recognized as an attractive business destination by high-profile companies in the Bay area.”

YCMNET was represented by Rich Lambert of Prudential Commercial, Aames Funding Corporation by Chris Baker of TRI Commercial Real Estate Services, and Hopper and Associates by Matt Hurd of Grubb & Ellis, all of Walnut Creek.  Sun Life Assurance of Canada was represented by Andrew Schmitt of CB Richard Ellis of Pleasanton, California.  Pembroke Real Estate was represented by Colliers International of Walnut Creek. 

About Ygnacio Center
Ygnacio Center is a 500,000-square-foot complex developed by Pembroke Real Estate, the real estate development and management unit of Fidelity Investments.  With its East Bay location and proximity to the BART station and major area highways, Ygnacio Center, which includes One, Two and Three Ygnacio Center and constitutes an entire city block, continues to be a highly desirable employment destination.  The facility’s Walnut Creek locale and the opportunities for on-site expansion make it a popular alternative to downtown San Francisco and surrounding suburbs.

About Pembroke Real Estate
Pembroke Real Estate, a Fidelity Investments company, is a real estate company specializing in the acquisition, design, development and management of signature properties in major metropolitan areas worldwide, including projects in London, Tokyo, San Francisco, Dallas and Boston.  The firm seeks development opportunities with high-quality, high-profile, well-located properties in the office and residential sectors.  For more information, visit the company''s Web site at http://www.pembrokere.com/.