EXHIBIT 1.1 Delphi Properties, Inc. (A Maryland corporation) 12,000,000 Shares Non-Cumulative Redeemable Exchangeable Perpetual Series A Preferred Stock PURCHASE AGREEMENT Dated June [__], 2003 DELPHI PROPERTIES, INC. (a Maryland corporation)...Purchase Agreement • June 23rd, 2003 • Delphi Properties Inc • Real estate investment trusts • New York
RECITALSSeries a Preferred Stock Exchange Agreement • June 23rd, 2003 • Delphi Properties Inc • Real estate investment trusts • New York
