1031 Exchange Options Client Investors Acquire Industrial Complex in Washington.

WALNUT CREEK, Calif. -- Cary Losson, Founder and President of 1031 Exchange Options, today announced on behalf of its clients, the successful acquisition of Redmond Commerce Center in Washington. 1031 Exchange Options, a national real estate investment consultancy, represented individual Tenancy-in-Common (TIC) investors in the property, many who successfully completed 1031 exchanges with the acquisition of their undivided fractional interest in the property. E[acute accent]Redmond Commerce Center is an industrial complex located in Redmond, Wash., a suburb of Seattle. The property was acquired for $25 million, net of reserves. The complex, currently leased to Genie Industries, Inc., is comprised of two buildings including offices, with the entire property encompassing more than 518,000-square-feet. The property is 100% leased through 2013. E[acute accent]"We are pleased to assist our client investors with their acquisition in the primary hub of the Pacific Northwest," said Christian Mirner, Executive Vice President -- Real Estate for 1031 Exchange Options. "Seattle is a national center for manufacturing, high technology industries, services and international trade, so this is an ideal location for an office/light manufacturing/distribution facility. The Washington labor market, especially Seattle, is showing signs of improvement with eight months of stable or increasing employment figures." E[acute accent]Evergreen Development acquired Redmond Commerce Center from Eastside Industrial Associates, LLC on behalf of the co-ownership group of TIC investors.

E[acute accent]About 1031 Exchange Options

E[acute accent]1031 Exchange Options is a national 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. E[acute accent]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.

E[acute accent]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.