Acquired Properties

The owners of Sun Management have been principles in the purchase of the following properties:

• Brewster, New York 72,000 sq. ft. flex building.

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• Purchased from a bank at 60% occupancy. Physical improvements were completed and the building was leased creating a positive cash flow.

• Jacksonville Florida, 100,000 square foot Shopping Center

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• Purchased as part of a 1031 exchange: anchored by Staples and Habitat for Humanity.

• Lauderhill, Florida 120,000 square foot shopping center

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• Purchased from a bank at 50% occupancy. Cosmetic improvements were completed; the property was remarketed for mixed use, and leased, creating a positive cash flow.

• New York, N.Y. 25,000 square foot manufacturing loft building

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• The building was converted to condominium residential lofts.

• Westchester County, New York 5,500 square foot neighborhood retail property

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• Needed system repairs were completed, the building was renovated and vacancies leased.

• Altamonte Springs, Florida 254 unit garden apartment complex

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• Cosmetic improvements were completed, the property was renamed and leased.

• Ormond Beach Florida, 10,000 square foot retail property

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• Purchased vacant property was sold to a user.

• Gurnee, Illinois

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• 80,000 square foot retail property leased to Value City.

• New London, Connecticut 171 unit garden apartment complex

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• Purchased from a bank, this property was totally renovated, renamed and leased.

• East Islip, New York 110,000 square foot shopping center

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• Purchased from a bank, this property was renovated and leased.