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Eastgate Shopping Center Colorado Springs, CO Closing Price: $7,300,000 Square Footage: 141,267 Cap Rate: N_A Type: Retail Sale Date: 05/19/2006 Buyer: Jorge Y. $ Zipora Medovoi Seller: Starwater Group

Elk Bridge Center Evergreen, CO Closing Price: $3,760,000 Square Footage: 20,690 Price per Square Foot: $181.73 Cap Rate: 10.00% Occupancy: 90% Type: Retail Sale Date: 09/27/2002 Buyer: Mr. William Dicus Seller: Parkway Place Associates

Fashion Plaza Cherry Creek, CO Closing Price: $7,000,000 Square Footage: 23,735 Price per Square Foot: $294.92 Cap Rate: 5.94 Occupancy: 99% Type: Retail Sale Date: 11/03/2006 Buyer: David H. Simon Seller: Fleisher Smyth Brokaw

Grant Court Thornton, CO Closing Price: $4,350,000 Square Footage: 12,514 Price per Square Foot: $347.61 Cap Rate: 6.42% Occupancy: 100% Type: Retail Sale Date: 10/19/2005 Buyer: Mr. Jack Whittemore Seller: JMW-Grant LLC

Harvest Junction Walgreens Longmont, CO Closing Price: $5,360,000 Square Footage: 13,650 Price per Square Foot: $392.67 Cap Rate: 7.0% Occupancy: 100% Type: Retail Sale Date: 02/05/2009 Harvest Junction Walgreens Brochure.pdf

Horizon Park Center Longmont, CO Closing Price: $9,500,000 Square Footage: 160,654 Price per Square Foot: $59.13 Cap Rate: 6.48% Occupancy: 100% Type: Retail Sale Date: 03/15/2006 Buyer: Pacific Hill Partners Seller: Sage Capital

Iliff Commons Aurora, CO Closing Price: $7,400,000 Square Footage: 74,000 Price per Square Foot: $100.00 Cap Rate: 10.30% Occupancy: 94% Type: Retail Sale Date: 03/15/2001 Buyer: Bass & Company Seller: Alliance Commercial Partners

Kipling Marketplace Lakewood, CO Closing Price: $9,000,000 Square Footage: 89,000 Price per Square Foot: $101.12 Cap Rate: 8.80% Occupancy: 92% Type: Retail Sale Date: 03/15/2002 Buyer: GMS Realty, LLC Seller: Etkin/Johnson Group, Inc.

Leetsdale Marketplace Denver, CO Closing Price: $12,800,000 Square Footage: 125,000 Price per Square Foot: $102.40 Cap Rate: 9.25% Occupancy: 97% Type: Retail Sale Date: 07/24/1996 Buyer: Regency Centers Seller: DTC Propterties

Lincoln Hills Lonetree, CO Closing Price: $5,086,000 Square Footage: 19,959 Price per Square Foot: $254.82 Cap Rate: 9.10% Occupancy: 100% Type: Retail Sale Date: 10/03/2002 Buyer: Black Equities Seller: Hunt Properties

Lochwood Square Lakewood, CO Closing Price: $7,800,000 Square Footage: 31,899 Price per Square Foot: $244.52 Cap Rate: 7.28% Occupancy: 91.5% Type: Retail Sale Date: 08/01/2008

Main Street Station Breckenridge, CO Closing Price: $10,500,000 Square Footage: 34,580 Cap Rate: N_A Type: Retail Sale Date: 09/01/2004 Buyer: First Allied Corporation Seller: Crescent/East West Partners

Market at Southpark Littleton, CO Closing Price: $33,387,050 Square Footage: 190,104 Price per Square Foot: $175.63 Cap Rate: 6.54% Occupancy: 95% Type: Retail Sale Date: 09/17/2004 Buyer: TIAA-CREF Seller: Etkin/Johnson Group, Inc.

North Academy Home Center Colorado Springs, CO Closing Price: $18,000,000 Square Footage: 184,000 Price per Square Foot: $99.73 Cap Rate: 9.96% Occupancy: 90% Type: Retail Sale Date: 07/11/2004 Buyer: Everest Development Seller: Griffis Blessing, Inc.

Old Chicago Thornton, CO Closing Price: $2,929,250 Square Footage: 5,400 Price per Square Foot: 542.45 Cap Rate: 6.4% Occupancy: 100% Type: Retail Sale Date: 09/08/2008 Old Chicago_Brochure.pdf