radius investments | TUSTIN FINANCIAL CENTER

RADIUS INVESTMENTS EXPANDS INTO ORANGE COUNTY MARKET  Two-story office building former site of Texas Instruments Santa Barbara, CA, August 17, 2007 — Radius Investments, LLC, a Santa Barbara based private equity real estate investment firm, is pleased to announce the acquisition of the Tustin Financial Center a high-image, 85,340 square foot, two-story office building in Orange County, California.  Originally constructed as a single tenant building in 1978 for Texas Instruments, it was extensively renovated in 2006 and now functions as a multi-tenant, institutional quality office building.  It is centrally located in the Tustin/Irvine Marketplace trade area of Orange County.  “Radius Investments is very pleased to add the Tustin Financial Center in Orange County to our investment portfolio,” said Rhonda Henderson, Executive Vice President and one of the founding partners of Radius Investments.  “Due to current and historically low vacancy rates, Orange County has consistently been one of the top performing office markets in the country.  This acquisition is consistent with our strategy of buying very well located multi-tenant office buildings where we can add value with our repositioning experiencing.” At the time of acquisition, the building was 90 percent leased to seven tenants.  Fifty-seven percent of the building is leased to Assurant, a publicly traded company on the New York Stock Exchange.  Other tenants include Fantastic Sams, the world’s largest hair care franchise, Diamond Tree, a Tustin-based company specializing in health and wellness products and TTI, Inc., a leading passive and connector specialist, recently acquired by Berkshire Hathaway, Inc. With this acquisition, Radius Investments and its affiliates control a real estate portfolio valued in excess of $130 Million.  Other portfolio assets are located in the high performing office markets of Los Angeles, Ventura, and San Diego counties.