SugarOak Acquisition and Revitalization Fund successfully completed

With the sale of its final assets on December 31, 2009, the SugarOak Acquisition and Revitalization Fund ("SOAR") has been successfully completed. SugarOak is pleased to announce that despite the difficult economic environment and its impact on commercial real estate values, investors in the SOAR fund received an internal rate of return on their investment of approximately 15.6%. In 2004, SugarOak formed SOAR and raised approximately $10 million for opportunistic commercial real estate investments. SOAR purchased four distressed retail properties, totaling approximately 750,000 square feet. Each property was redeveloped or repositioned according to an individually tailored plan and sold. About SugarOak SugarOak is a full service real estate company offering investment, management, and construction services acrosss multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interested and management portfolios across the US and Canada.