American Realty Advisors Acquires Industrial Warehouse Property in Seattle, Washington.

GLENDALE, Calif. -- American Realty Advisors announced today the acquisition of 212th Business Park, a well-established multi-tenant industrial warehouse property in the highly desirable Kent valley industrial submarket in Kent, Washington. The 961,013 square foot concrete tilt-up property is comprised of eight single-story buildings and is well leased to a broad base of strong national and local tenants. The property is conveniently situated at the intersection of 212th Street and East Valley Highway (84th Avenue) in the Kent Valley industrial submarket of the larger Puget Sound industrial market, and provides excellent distribution access to the Seattle and Tacoma metropolitan areas.

American's President and CEO, Stanley Iezman, stated, "Our acquisition of 212th Business Park represents American's steadfast commitment to finding strategically located assets with strong tenant bases, in well positioned institutional markets, which we believe will ultimately translate into strong long term cash flow and capital gains for our investors." He continued, "The combination of a strong Kent Valley location, the stability of anchor tenant cash flow, and the upside offered by well-positioned multi-tenant space in one of the strongest U.S. industrial submarkets should add up to an outstanding long-term investment for our client."

American Realty Advisors is a leading provider of institutional real estate investment management services including acquisition, disposition, development, structured finance, and active asset management. With more than $2.5 billion in assets under management, American has created customized investment strategies for public employee and corporate pension funds, endowments, foundations, and Taft-Hartley funds for over 17 years. The firm's nationwide portfolios include office, industrial, multi-family, and retail properties. Information regarding American can be found online at www.americanreal.com.