ACRON Reserve at Westchase L.P.

Office Building – Houston, Texas

The Reserve at Westchase investment property is located on the west side of Houston, Texas, within the thriving Westchase commercial district. The property is a well-maintained 4-story Class A office building. Since its acquisition, the property has been managed on-site by ACRON U.S. Management, Inc. This allows effective monitoring of maintenance costs and optimum rent adjustment to the current market situation. Graduated lease terms until 2018 guarantee long-term income security.

Public Offering

Legal form	U.S. Limited Partnership
Address / registered office of the company	1516 South Boston Avenue, Suite 215 Tulsa, OK 74119 USA
Year issued	2007
Year closed	2009
Number of partners	127
Type of income for tax purposes	Business income

The Property

Type of use	Class A office building
Address	3250 Briarpark Drive Houston, TX 77063 USA
Year constructed	1999
Site area	212,370 sq. ft. (19,737 m²)
Net leasable area	194,919 sq. ft. (18,115 m²)
Parking spaces	826, thereof 798 in the building's own parking garage

Key Figures (in USD)

Investment volume	42,100,000
Equity	14,850,000
Borrowed funds	27,250,000