0000950123-09-048926 Sample Contracts

For more information, please contact: Richard M. Holland, Vice President 2401 Fountain View, Suite 510
Contract for Third Party Leasing, Management and Sales • October 7th, 2009 • American Spectrum Realty Inc • Real estate investment trusts

HOUSTON, TX (October 6, 2009) — American Spectrum Realty, Inc. (AMEX: AQQ), a real estate investment, management and leasing company, headquartered in Houston, Texas, stated today that Richard M. Holland, Vice President of Investments, has been appointed Receiver on behalf of M&I Marshal & Ilsley Bank. The Wisconsin banking corporation filed a petition for a Receiver of the Park Plaza Retail Center with the 55th Judicial District of Harris County that was granted on October 5th, 2009. Mr. Holland in turn awarded American Spectrum Realty Management, Inc. a third party management, leasing and sale contract for Park Plaza Retail Center.

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