Retail Acquisition Criteria

$250 MILLION AVAILABLE FOR INVESTMENT

TYPE & LOCATION:

::	Focus on grocery anchored neighborhood, mixed use and community shopping centers located in the Mid-Atlantic and Southeast markets
::	Densely populated areas
::	Minimum of 100,000 square feet GLA with at least one anchor tenant
::	Portfolios of neighborhood and community shopping centers will be considered nationwide.
::	Development opportunities, vacant anchor spaces and/or expansion opportunity desirable.

PRICE & TERMS:

::	No Limit – All Cash or Leverage
::	Short Study Period and quick close possible

SUBMISSION PACKAGES:

Kindly provide as much of the following information as possible on the initial submission:

::	Site Plan depicting tenant locations
::	Detailed Rent Roll depicting complete lease terms, options, escalations, etc.
::	Tenant Gross Sales Reports
::	Income & Expense Statement for current year to date and previous year end.
::	Present mortgage balance and terms, if any
::	Status of Ownership
::	Color photographs of Shopping Center
::	Demographic Survey
::	Area Competition Map
::	Aerial Photograph

CONTACT:

Michael L. Dietrich
Senior Vice President
Greenberg Gibbons Commercial
10096 Red Run Boulevard
Owings Mills, Maryland 21117
Phone (410) 559-2513
Fax (410) 581-2032