Following are examples of our transactions and the unique issues facing each property at the time of purchase.

CORE PROPERTIES: 60-CENter Portfolio

• Sixty  shopping centers in 16 states
• 5.5 million square feet
• Secondary and tertiary markets
• Complex financial structure
  
• Portion of portfolio with environmental issues
• Multiple closings

CORE PROPERTIES: Seven-Center Portfolio

• Seven shopping centers in six southeastern states
• 935,623 square feet
• $47 million transaction
• Low occupancy levels
• Wal-Mart uncertainty
• Upside potential through intensive leasing
• Repositioning/redevelopment of big boxes

CORE PROPERTIES: Pipestone Plaza, Benton Harbor, Michigan

• 175,480 square feet
• 31% occupied
• Majority of vacant space ( 95,000 sf) located in old K-mart box
• 30-day due diligence
• Encroachment and survey issues

STrategic investment fund: bridgewater falls, fairfield township, OHiO

• 635,000-square-foot regional shopping center

• Unique combination of power center and lifestyle village
  
• Anchored by Target, JCPenney, Best Buy, T.J.Maxx, Bed Bath & Beyond, Dick's, Michaels, PetSmart
  
• All-cash acquisition