CURRENT PROPERTIES
ASH TREE SQUARE
Fresno, California
75,000-square-foot shopping center
HIGHLIGHTS—
• Redeveloped: 2006, syndicated limited partnership
• Anchor Tenants: Ross Dress for Less, Lane Bryant, Plato's Closet, Starbucks
• Financing: Bear Stearns Commercial Mortgage
COST PLUS PLAZA 
Larkspur, California
65,000-square-foot promotional center
HIGHLIGHTS—
• Developed: 1977, joint venture with Terranomics
• Redeveloped: 2003
• Anchor Tenants: Cost Plus, Trader Joe's,
BevMo!
• Financing: American General Life Insurance Company
• Refinanced: 1993, Lincoln National Life Insurance Company
CROSSROADS
Bellevue, Washington
351,000-square-foot enclosed mall
HIGHLIGHTS—
• Redeveloped: 1985, syndicated limited partnership
• Anchor Tenants: Circuit City, Barnes & Noble, Old Navy, QFI, Bartells Drugs
• Financing: Principal Life Insurance Company
• Refinanced:1995, Northwestern Mutual Life Insurance Company
JESS RANCH MARKETPLACE 
Apple Valley, California
700,000-square-foot power center
HIGHLIGHTS—
• Developed: 2008, joint venture with Weingarten Realty Investors
• Major Tenants: Winco, Mervyns, Best Buy, Bed Bath & Beyond, Rite Aid, Petco
MCALLISTER PLAZA
San Antonio, Texas
190,000-square-foot office building
HIGHLIGHTS—
• Redeveloped: 2008
• Refinanced 2011, Cornerstone Real Estate Advisors/Mass Mutual Life Insurance
• Major Tenants: Pape-Dawson Engineers, Sedgwick CMS, Traveler's Insurance, BP Global
RIVER MARKETPLACE 
Lafayette, Louisiana
168,335-square-foot shopping center
HIGHLIGHTS—
• Acquired: 2005, joint venture with Weingarten Realty Investors
• Major Tenants: Super Target, Ross Dress for Less, Cost Plus, Payless Shoes, Dress Barn, Rack Room Shoes, Books-A-Million
• Financing: Citibank
UNIVERSITY PLACE 
Shreveport, Louisiana
206,653-square-foot shopping center
HIGHLIGHTS—
• Acquired: 2005, joint venture with Weingarten Realty Investors
• Major Tenants: Super Target, Best Buy, Bed, Bath & Beyond, Rack Room Shoes, TJ Maxx, Payless Shoes, Tiger Town
• Financing: Citibank
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PAST PROPERTIES
COLLEGE GREENS SHOPPING CENTER
Sacramento, California
118,000-square-foot grocery-anchored shopping center
HIGHLIGHTS—
• Tenants: Raley's, Starbucks, Subway, Carl's Jr., Hollywood Video
• Financing: Wells Fargo Bank
• Redeveloped: 2002, syndicated limited partnership
• Sold: 2004, syndicated limited partnership
HOWARD/HAWTHORNE 
San Francisco, California
250,000-square-foot office building
HIGHLIGHTS—
• Redeveloped: 2000, joint venture with
Transwestern Aslan Fund
• Major Tenants: Sun Microsystems, Pitney Bowes, YMCA
• Financing: Wells Fargo Bank and
Pittsburgh National Bank
• Sold: 2005, RREEF
HOWE/ARDEN OFFICE PARK
Sacramento, California
171,500-square-foot office park
HIGHLIGHTS—
• Redeveloped: 1997, syndicated limited partnership
• Major Tenants: Air Touch Paging, State of California, Metro One
• Financing: Participating loan with General Electric Capital Corporation
• Sold: 2001, private syndicator
LAKE AMIR OFFICE PARK
San Bruno, California
147,000-square-foot office park
HIGHLIGHTS—
• Redeveloped: 1999, syndicated limited partnership
• Major Tenants: NIA, General Services Administration, HQ Business, Singapore Airlines
• Financing: General Electric Capital Corporation
MAYHEW TECH CENTER
Sacramento, California
67,200-square-foot office/industrial buildings
HIGHLIGHTS—
• Redeveloped: 1997, syndicated limited partnership
• Major Tenants: State of California, County of Sacramento
• Financing: Nomura Asset Capital Corporation
•Sold: 2006, private investor
MCMINNVILLE PLAZA 
McMinnville, Oregon
200,000-square-foot shopping center
HIGHLIGHTS—
• Redeveloped: 2006, joint venture with NBS Real Estate Capital
• Major Tenants: Safeway, Ross Dress for Less, Petco, Cost Plus, Pier 1, J.C. Penny, Panda Express, Famous Footwear
MID PENINSULA PLAZA
Redwood City, California
95,000-square-foot promotional center
HIGHLIGHTS—
• Developed: 1985, joint venture with Western Real Estate Investment Trust and Terranomics
• Anchor Tenants: Pier One, Marshalls
• Financing: Western Real Estate Investment Trust
• Sold: 1994, Spieker REIT
PLACERVILLE MARKETPLACE
Placerville, California
Proposed 425,000-square-foot power center
HIGHLIGHTS—
• Opening: 2009, joint venture with Weingarten Realty Investors
• Major Proposed Tenants: Target, Lowes, Cost Plus, Kohls, Linens 'n Things,
Ross Dress for Less
PLAZA LAS PALMAS
Escondido, California
124,200-square-foot promotional center
HIGHLIGHTS—
• Acquired: 1986, syndicated limited partnership
• Anchor Tenants: Petco, Circuit City, Barnes & Noble
• Financing: Aetna Life Insurance Company
• Refinanced: 1997, Merrill Lynch Mortgage Investors
• Sold: Private individual
625 MARKET STREET 
San Francisco, California
71,300-square-foot high-rise office building
HIGHLIGHTS—
• Redeveloped: 1999, syndicated limited partnership
• Anchor Tenant: Bank of America
• Financing: Bank United
• Sold: 2002, high-net-worth family
280 METRO CENTER 
Colma, California
330,000-square-foot power center (first in the U.S.)
HIGHLIGHTS—
• Developed: 1985, joint venture with Terranomics
• Anchor Tenants: Nordstrom’s Rack, Marshalls, Pier I Imports, Home Depot
• Financing: Aetna Life Insurance Company
• Refinanced: 1989 Convertible Loan with CalSTRS
• Sold: 1997, RREEF
SANTA ROSA VILLAGE
Santa Rosa, California
A mixed-use project with 126 town homes and
a proposed 93,000-square-foot supermarket-anchored shopping center
HIGHLIGHTS—
• Anticipated Opening: 2009, joint venturewith Regency Centers
THE CORNER AT SEVEN CORNERS
Arlington, Virginia
70,000-square-foot promotional strip center
HIGHLIGHTS—
• Developed: 1984, joint venture with Paine Webber Properties, Terranomics and The Gap
• Anchor Tenants: Hollywood Video, The Super Gap, Bennigan’s Restaurant,
Eye Lab
• Financing: Citibank
• Refinanced: 1996 Merrill Lynch Mortgage Investors
• Sold: 2003, Allied Properties
THE COURTYARD
South San Francisco, California
33,300-square-foot office & industrial buildings
HIGHLIGHTS—
• Acquired: 1992, limited partnership
• Major Tenants: Burns & McDonnell, Genentech, Peninsula Pathologists
• Financing: Allstate Life Insurance Company
VALLEY OAK SHOPPING CENTER
Visalia, California
76,900-square-foot promotional shopping center
HIGHLIGHTS—
• Redeveloped: 1994, syndicated limited partnership
• Anchor Tenants: Michaels Stores, Office Depot, Dollar Tree
• Financing: Fremont Investment and Loan, SHM Realty L.P.
• Sold: 2002, high-net-worth inidividual
VILLAGE AT ORANGE
Orange, California
822,350-square-foot enclosed, regional mall
HIGHLIGHTS—
•Redeveloped: 2002, joint venture with Buchanan Street Partners and CalPERSr
• Anchor Tenants: Sears, Wal*Mart, JC Penney, Cost Plus, Old Navy, Linens 'n Things
• Redeveloped: 2002, joint venture with Buchanan Advisors/CalPERs
• Financing: Fremont S & L
• Sold: 2004, PASSCO, a TIC Syndicator
WASHINGTON PLACE 
San Francisco, California
55,200-square-foot office/retail buildings
HIGHLIGHTS—
• Redeveloped: 1999, syndicated limited partnership
• Major Tenants: Text 100, Visigy, Hart Howerton, Federal Express
• Financing: Fremont S & L
• Sold: 2005, private high-net-worth individual
BENTLEY MALL
Fairbanks, Alaska
170,000-square-foot enclosed regional mall
HIGHLIGHTS—
• Redeveloped: 1982, syndicated limited partnership
• Anchor Tenants: Michaels Stores, Safeway, Office Max
• Financing: 1982, Lincoln National Life Insurance Company
• Refinanced: 2002, Wells Fargo Bank
• Sold: 2007, to high-net-worth individual
MILE HILL PLAZA
Port Orchard, Washington
43,892-square-foot shopping center
HIGHLIGHTS—
• Redeveloped: 2005, syndicated limited partnership
• Shadow Anchor Tenant: Albertsons
• Financing: Standard Insurance Company
• Sold: 2007, to high-net-worth individual
LIBERTY LAKE VILLAGE 
Liberty Lake, Washington
HIGHLIGHTS—
• Developed: 2005, joint venture with
Weingarten Realty Investors
• Anchor Tenants: Home Depot,
Sterling Savings and Loan, Countrywide Mortgage
• Sold: 2008, to private investor
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