FOR RELEASE: January 1, 2006

CONTACT:    Alfonso Costa
                        (412) 394-9803
                        costa@costalandco.com 

COSTA LAND COMPANY, INC. NAMES SARAH J. PICCIONE AS                            CHIEF OPERATING OFFICER 

PITTSBURGH, Pennsylvania – Costa Land Company and its subsidiary companies are pleased to name Sarah J. Piccione as Chief Operating Officer. Her principal duties will include overseeing and being responsible for the firm’s new investment deals and daily financial operations. Ms. Piccione will also serve as executive assistant to Founder and Chairman Alfonso A. Costa, where she will assist Dr. Costa with the firm’s lease negotiations and lease transactions.

Costa Land Company is a real estate development, investment, and management firm based in Pittsburgh, Pennsylvania.

Sarah J. Piccione is a Duquesne University graduate and received her Bachelor of Arts degree in 2000.

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About Costa Land Company

Costa Land Company, Inc. is a real estate development, investment and management firm based in Pittsburgh, Pennsylvania.  Founded by firm Chairman Dr. Alfonso Costa in 1990, Costa Land Company and its affiliates boast a premier portfolio of prime commercial retail centers as well as office and residential buildings throughout the country.  

With properties from New York City, Florida, South Carolina and Pennsylvania to Praiano, Italy, Costa Land Company is built on a reputation of hard work, integrity, and expertise.

Costa Land Company owns and manages over one million square feet of commercial retail space.

Costa Land Company, Inc. is located in the US Steel Tower in downtown Pittsburgh.

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