The Acquisition of Portland Plaza - March 2005

The Acquisition of Portland Plaza – March 2005

Crimson Capital LLC is pleased to announce the acquisition of Portland Plaza, a 45,375 square foot Class ‘A’ grocer-anchored shopping center in Portland, TN (Nashville MSA). The property is 100% leased to Food Lion, CVS, Movie Gallery and three additional in-line tenants. Food Lion, a strong grocer in Tennessee, has been operating successfully in the center since 1998 when it signed a 20 year lease guaranteed by Delhaize America.

This acquisition provides investors with the stability of a long-term, investment-grade anchor tenant, consistent monthly income, and strong appreciation potential.