The company acquires interests in five significant
properties: High Ridge Shopping Center, a 92,000
square foot center in Stamford, CT; CVS
Pharmacy, an 8,000 square foot building in Old
Greenwich, CT; Van Houten Plaza, a 37,000 square
foot center in Passaic, NJ; Waldwick Plaza, a 27,000
square foot center in Waldwick, NJ; and Washington
Commons, a 74,000 square foot mixed use
property in Dumont, NJ.

Controlling interests in the two Stamford
properties and the Dumont property are
acquired via DownREIT transactions.