Formation of strategic joint venture to acquire three stabilized power centers located across the Southern U.S.
| Total Capitalization: | $149.6 million |
| Number of Properties: | 3 |
| Total Equity: | $74.8 million |
| Investor: | $59.8 million (80%) |
| Operator: | $15.0 million (20%) |
| Leverage: | 50% |
| Term: | 10 Years |
| Closing Date: | July 2007 |
| Press Release: | Download |
