1031 Exchange Options Announces $65 Million in Office Building Acquisitions; Tenancy-In-Common Investors Acquire Properties in Nevada, Arizona and Georgia.

WALNUT CREEK, Calif. -- Cary Losson, Founder and President of 1031 Exchange Options, today announced on behalf of its clients, the successful acquisition of three co-owned property investments: City Centre Place in Nevada, 2800 East Commerce in Arizona, and Satellite Place in Georgia. The three properties, acquired separately, total more than $75 million. 1031 Exchange Options represented individual investors in the three properties, many who successfully completed 1031 exchanges with the acquisition of their undivided fractional interest in the property.

City Centre Place is a 103,199-square-foot, Class A, multi-tenant office building with ground retail space, located in Las Vegas, Nevada. Acquired for $32,570,000,net of reserves, the six-story building was built in 2002 and is currently 100% leased. Tenants include Community Bank of Nevada, GSA-Small Business Administration, and Quizno's Classic Subs.

Located in Tuscon, AZ, 2800 East Commerce is a 135,760-square-foot, single story office building, built in 1999. The property is currently 100% leased by Intuit, Inc., a financial software and web-based services company. The building's amenities include a fitness center, cafeteria, patio, and on-site educational and recreational facilities. The property was acquired for $19,375,000, net of reserves.

Satellite Place is located in Duluth, GA, approximately 25 miles north of the booming Atlanta Metropolitan area. Comprised of two single-story buildings built from 1997-1999, the 112,017 square-foot property was acquired for $13,385,000, net of reserves. The buildings are currently 91% leased.

"We are very pleased to place our client investors in these high-quality office properties," said Christian Mirner, Sr. Vice President -- Real Estate for 1031 Exchange Options. "Both the Southwest and Southeast remain hot spots for primary demand drivers: population growth and job formation. All three properties are all recently built, have high occupancy rates and are well regarded and established buildings in their communities. These are solid acquisitions for our client investors."

Triple Net Properties, a diversified real estate enterprise, acquired City Centre Place from The Pauls Company, 2800 East Commerce from Diamond Ventures, Inc., and Satellite Place from Southeast Office Partners and the Hawkins Company, on behalf of each respective co-ownership group of TIC investors.

About 1031 Exchange Options

1031 Exchange Options is a leading real estate investment consultancy representing clients in investments structured for co-ownership. We advise clients on 1031 exchanges, Tenancy-in-Common (TIC) ownership, triple net leased properties, funds, LLCs, REITs, and other alternative real estate investments. 1031 Exchange Options offers securities through Sigma Financial Corporation, Member NASD and SIPC.

1031 Exchange Options' national headquarters is located in the San Francisco Bay Area. The company services clients nationwide. Additional information is available at www.1031ExchangeOptions.com.

While these statements are meant to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described.