Properties

	1711 Briercroft Court Multi Tenant Industrial Carrollton, Texas This 67,245 square foot industrial building is located in the Valwood Business Park, adjacent to the George Bush Turnpike. A new on/off ramp is being planned which will benefit this property's access tremendously. This building offers functional, dock-high suites from 3,000 square feet and up.

	399 North Magnolia Ave. Single Tenant Retail El Cajon, California Rubio's Fresh Mexican Grill is the tenant for this 3,000 square foot restaurant building. The building is on a signalized intersection just south of Interstate 8 and has a drive thru.

	First Rose Garden Commerce Center Multi Tenant Industrial/Flex Phoenix, Arizona This 73,300 square foot multi-tenant industrial showroom property was purchased from First Industrial Realty Trust (NYSE: FR) in September, 2004. Both buildings offer outstanding frontage to 19th Avenue and Rose Garden Lane in the bustling Deer Valley area of Phoenix.

	1172 West Lawrence Street Single Tenant Industrial Casa Grande, Arizona This is a 100,000 square foot build to suit for Graham Packaging Company. In this single tenant facility, Graham manufactures high grade, plastic bottles for Ross Products and other beverage and consumer companies. Graham Packaging operates 57 plants worldwide and is owned by private equity firm The Blackstone Group.

	1116-1118 West Arbrook Multi Tenant Retail Arlington, Texas The Parks Retail Center is a 19,111 square foot property adjacent to the 1.2 million square foot Parks of Arlington Mall owned by General Growth Properties (NYSE: GGP). Located at the intersection of I-20 and Cooper Avenue, this area has one of the highest traffic counts in the Dallas/Fort Worth market. Most every national and regional tenant is in this market place.

	1540 West Covina Parkway Single Tenant Commercial West Covina, California Fresenius Medical Center (NYSE: FMS) is the tenant in this medical/ commercial building, situated one block south of busy Interstate 10. It is located near West Covina Regional Mall Citrus Valley Medical Center, and the West Covina Civic Center.

	1565 Eastwood Court Single Tenant Industrial Riverside, California Aprial Healthcare (NYSE: AHG) occupies this 40,000 square foot industrial building located within the Commerce Square Business Park. With freeway access to I-215, 91, and 60, Apria services much of the Inland Empire from this facility.

	788 North Riverside Drive Multi Family Residential Palm Springs, CA Riverside View Apartments is a 27-unit property located in the Waren Sands area of Palm Springs, close to shopping, restaurants, and transportation. The property overlooks jogging paths that run alongside the riverbed and has unobstructed views of the Santa Rosa Mountains.

	5775 Van Buren Boulevard Single Tenant Retail Riverside, CA America's #1 hot dog chain, Wienerschnitzel operates this building on busy Van Buren Boulevard(30,000 cars per day).The property is strategically located between Wal-Mart and K-Mart along with a host of other nationally recognized retailers.

	719, 722 Riverside Place Multi Family Residential Palm Springs, CA Kona Kai Apartments is a charming 19 unit single level property located on a private cul-de-sac in the Warm Sands area of Palm Springs.Highlights include private, fenced backyards in several units. The pool and spacious grounds are landscaped with towering palm trees.

	373 South Palm Canyon Drive Multi Family Residential Palm Springs, CA The Orleans apartment property is uniquely positioned in the heart of lively downtown Palm Springs. Many high-end boutique hotels are located nearby along Belardo Avenue. This asset was acquired from Washington Mutual (NYSE: WM) as an REO foreclosure.