FOR IMMEDIATE RELEASE

NORTHWOOD INVESTORS ACQUIRES SOUTHLANDS TOWN CENTER IN DENVER, COLORADO

Northwood Press Release
NEW YORK, N.Y. / October 9, 2012

New York, NY (October 9, 2012) — Northwood Investors LLC (“Northwood”), a leading privately-held global real estate investment firm, announced today that it recently acquired Southlands Town Center, a large mixed-use development totaling 900,000 square feet in Denver, Colorado.

Located in Aurora, one of Denver’s fastest growing and most affluent suburbs, Southlands Town Center is an outdoor lifestyle center comprised of 730,000 square feet of retail space and 170,000 square feet of office space. Its four-block main street and community plaza are surrounded by leading retailers and restaurants including AMC Theaters, Bed Bath & Beyond, Sports Authority, Ross, Barnes & Noble, Ulta, Victoria’s Secret, White House Black Market, Charming Charlie, American Eagle Outfitters, Gymboree, Old Chicago, Ted’s Montana Grill, and a variety of entertainment venues. Originally designed by legendary Callison Architects, the center opened its first store in 2005. Today Southlands Town Center boasts over 100 distinguished retailers and restaurants.

John Kukral, President and CEO, Northwood commented, "We are pleased to make our first investment in Colorado and excited about the long term prospects in the region. This acquisition demonstrates our commitment to retail excellence and we hope to further build upon the quality retailers and restaurants currently established in the center."

Northwood Retail, a subsidiary of Northwood Investors which leases and manages the firm’s retail portfolio, will lease and manage Southlands Town Center.

About Northwood Investors
Northwood Investors is a leading privately-held global real estate investment firm with over $2 billion of real estate assets. Founded in 2006 by John Z. Kukral, Northwood employs a fundamental, value-driven investment strategy with a longer-term outlook. Northwood has extensive experience investing in a wide range of real estate assets worldwide, including office buildings, shopping centers, hotels and residential investments, over multiple cycles and property types and geographies, providing the firm with a deep knowledge base, strong relationships, and tremendous access to global real estate resources.

For further information on Northwood Investors or if you wish to contact us, please visit our website: www.northwoodinvestors.com or contact Vivian Tongalson, Managing Director, at (212) 573-0815 or vtongalson@northwoodinvestors.com.