San Jacinto Esplanade is a 56,473 square foot multitenant retail center built in 2007 and located on 11.54 acres and includes over 30,000 square feet of vacant land pad sites. The property is approximately 52 percent leased. Major tenants include fresh&easyT, Jack in the Boxr and Starbucks. Tenants have staggered lease expirations that range from 2012 to 2027.

“We believe this latest potential acquisition for TNP Strategic Retail Trust has significant upside with the ability to lease up the vacant space and potentially sell the individual pad sites,” said Thompson National Properties’ Director of Acquisitions, Charles Osbrink. “Additionally, we believe this is a remarkable opportunity, with this acquisition representing a 64% discount to the development cost.”

The acquisition is subject to various conditions to closing.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly registered non-traded REIT that invests in grocery and drug-store anchored, multitenant necessity retail properties, located primarily in the Western United States, and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate. As of August 3, 2010, TNP Strategic Retail Trust has issued 1,778,559 shares of common stock. Its Board of Directors has approved a 7 percent annual dividend, to be paid monthly effective July 2010. For more information regarding TNP Strategic Retail Trust, please visit www.tnpsrt.com.

About Thompson National Properties, LLC
Thompson National Properties, LLC (“TNP”) is an international real estate advisory company, specializing in the management and creation of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed specifically for both institutional and high net worth individual investors alike. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender driven marketplace.

Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of August 4, 2010, Thompson National Properties manages a portfolio of 133 commercial properties, in 32 states, totaling more than 18.3 million square feet, on behalf of over 4,000 investor/owners with an overall purchase value of $2.3 billion dollars. Recently TNP expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. ÿThese forward-looking statements are identified by their use of terms and phrases such as”anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results. ÿForward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. ÿThese risks include, but are not limited to: our ability to satisfy the necessary conditions to close the San Jacinto Esplanade acquisition, including obtaining funding; volatility in the debt or equity markets affecting the Company’s ability to acquire or sell real estate assets; national and local economic and business conditions; the Company’s ability to maintain sufficient liquidity and access capital markets; the performance of real estate assets after they are acquired; and other risks and uncertainties associated with our business described in the Company’s filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in the Company’s expectations.  This release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s most recent reports on Form 10-K, as amended, and Form 10-Q. Copies of these reports are available on our website and at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Smith is involved in managing the reporting and analysis function of the Company. This includes generating financial statements for both internal and external financial reporting, researching technical disclosure issues to develop accurate solutions and additional financial analysis for internal reporting and communication with the external auditors. He interacts closely with senior management, the external audit group and the capital markets group to support all areas of growth and success relating to the Company.

“I am excited to have Nathan join the team,” said Christopher Cameron, Chief Financial Officer, Strategic Retail Trust and Executive Vice President, Thompson National Properties. “With his successful background at Deloitte and his previous experience with TNP, Nathan is a great addition and will have the ability to hit the ground running.”

“I look forward to working with the excellent team we have in place and maximizing the great growth opportunities that are available to our shareholders,” said Smith.

Previously, Smith served as manager at Deloitte in Costa Mesa, California, focusing on performing and supervising financial statement audits, evaluating accounting operations, analyzing and reviewing SEC filings and monitoring budgets. Smith is a certified public accountant (CPA) and graduated from the University of Southern California, where he earned a Bachelor of Science in Accounting.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly registered non-traded REIT that invests in grocery and drug-store anchored, multitenant necessity retail properties, located primarily in the Western United States and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate. As of July 23, 2010, TNP Strategic Retail Trust has issued 1,714,985 shares of common stock. Its Board of Directors has approved a 7 percent annual dividend, to be paid monthly effective July 2010. For more information regarding TNP Strategic Retail Trust, please visit www.tnpsrt.com.

About Thompson National Properties, LLC
Thompson National Properties, LLC (“TNP”) is an international real estate advisory company, specializing in the management and creation of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed specifically for both institutional and high net worth individual investors alike. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender driven marketplace.

Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of July 26, 2010, Thompson National Properties manages a portfolio of 134 commercial properties, in 32 states, totaling more than 18.3 million square feet, on behalf of over 4,000 investor/owners with an overall purchase value of $2.3 billion dollars. Recently TNP expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.

This Wal-Mart Neighborhood Market anchored center is approximately 103,500 square feet on 7.8 acres of land. It is located at the northeast corner of Grant Road and Alvernon Way in Tucson. The property is approximately 81 percent leased and the anchor tenant, Wal-Mart Neighborhood Market, occupies 41 percent of the rentable square footage and has a long-term lease in place through May 2025. Featured tenants include nationally recognized retailers, including Dollar Tree, Rent-A-Center® , BURGER KING ® , SUBWAY® and RadioShack ®.

“We found this property very attractive with the presence of Wal-Mart Neighborhood Market and its AA credit rating by Standard & Poor’s, its prime location with more than 37 percent of Tucson’s population within 5 miles and the declining unemployment rate in this market,” said Thompson National Properties’ Senior Vice President of Acquisitions, Steve Corea.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly registered non-traded REIT that invests in grocery and drug-store anchored, multitenant necessity retail properties, located primarily in the Western United States, and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate. As of June 30, 2010, TNP Strategic Retail Trust has issued 1,496,991 shares of common stock. Its Board of Directors has approved a 7 percent annual dividend, to be paid monthly starting in July 2010. For more information regarding TNP Strategic Retail Trust, please visit www.tnpsrt.com.

About Thompson National Properties, LLC
Thompson National Properties, LLC (“TNP”) is an international real estate advisory company, specializing in the management and creation of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed specifically for both institutional and high net worth individual investors alike. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender driven marketplace.

Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of July 6, 2010, Thompson National Properties manages a portfolio of 131 commercial properties, in 32 states, totaling more than 18.2 million square feet, on behalf of over 4,000 investor/owners with an overall purchase value of $2.3 billion dollars. Recently TNP expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. ÿThese forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: volatility in the debt or equity markets affecting the Company’s ability to acquire or sell real estate assets; national and local economic and business conditions; the Company’s ability to maintain sufficient liquidity and access capital markets; the performance of real estate assets after they are acquired; and other risks and uncertainties associated with our business described in the Company’s filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in the Company’s expectations.  This release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s most recent reports on Form 10-K, as amended, and Form 10-Q. Copies of these reports are available on our website and at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Cameron will be involved in the daily financial functions and act as treasurer and secretary of the Company.

“Christopher’s experience with Cole Real Estate Investments, specifically with Cole Credit Property Trust I, II and III, and Cole Industrial and Office real estate investment trusts, and his background in public accounting make him an ideal addition to the TNP team,” said Anthony W. “Tony” Thompson, Chairman and Chief Executive Officer, Thompson National Properties.

“Tony Thompson has a great track record and is a proven leader in the real estate and non-traded REIT industry,” said Cameron. “I look forward to working with the entire leadership team to continue to focus on creating value for our shareholders.”

Previously, Cameron served as director of accounting and financial reporting at Cole in Phoenix, Arizona, focusing on financial tracking and reporting systems, external audit examinations and broker-dealer due diligence reviews. Prior to this, Cameron worked at Deloitte and Touche, LLP, as a senior accountant serving large public and private entities. Cameron is a certified public accountant (CPA) and graduated from the University of Arizona, where he earned a Bachelor of Science in Business Administration, with a major in Accounting and a minor in Finance.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly registered non-traded REIT that invests in grocery and drug-store anchored, multitenant necessity retail properties, located primarily in the Western United States and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate. As of June 21, 2010, TNP Strategic Retail Trust has issued 1,442,653 shares of common stock. Its Board of Directors has approved a 7 percent annual dividend, to be paid monthly starting in July 2010. For more information regarding TNP Strategic Retail Trust, please visit www.tnpsrt.com.

About Thompson National Properties, LLC
Thompson National Properties, LLC (“TNP”) is an international real estate advisory company, specializing in the management and creation of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed specifically for both institutional and high net worth individual investors alike. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender driven marketplace.

Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of June 22, 2010, Thompson National Properties manages a portfolio of 131 commercial properties, in 32 states, totaling more than 17.2 million square feet, on behalf of over 3,500 investor/owners with an overall purchase value of $2.3 billion dollars. Recently TNP expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.

The property is anchored by a Long’s Drug Store and features nationally recognized retailers’ including Starbucks®, Pizza Hut™, SUBWAY®, RadioShack®, Payless ShoeSource®, Jamba Juice®, Goodyear and Fantastic Sams®.

“Waianae Mall is a perfect example of the type of prime real estate that our REIT is targeting. The loyalty of the tenants, strategic location and lack of competition all magnify the value in this rare fee-simple opportunity on the Island of Oahu,” said Thompson National Properties’ Director of Acquisitions, Charles J. Osbrink.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly registered non-traded REIT that invests in grocery and drug-store anchored, multitenant necessity retail properties, located primarily in the Western United States and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate. As of June 4, 2010, TNP Strategic Retail Trust has issued 1,339,144 shares of common stock. Its Board of Directors has approved a 7 percent annual dividend, to be paid monthly starting in July 2010. For more information regarding TNP Strategic Retail Trust, please visit www.tnpsrt.com.

About Thompson National Properties, LLC
Thompson National Properties, LLC (“TNP”) is an international real estate advisory company, specializing in the management and creation of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed specifically for both institutional and high net worth individual investors alike. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender driven marketplace.

Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of June 7, 2010, Thompson National Properties manages a portfolio of 133 commercial properties, in 32 states, totaling more than 17.2 million square feet, on behalf of over 3,500 investor/owners with an overall purchase value of $2.3 billion dollars. Recently TNP expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations.  These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results.  Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made.  These risks include, but are not limited to: volatility in the debt or equity markets affecting the Company’s ability to acquire or sell real estate assets; national and local economic and business conditions; the Company’s ability to maintain sufficient liquidity and access capital markets; and the performance of real estate assets after they are acquired.  Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in the Company’s expectations.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

This Wal-Mart Neighborhood Market anchored center is approximately 103,500 square feet on 7.8 acres of land. It is located at the northeast corner of Grant Road and Alvernon Way in Tucson. The property is approximately 81 percent leased and the anchor tenant, Wal-Mart Neighborhood Market, occupies 41 percent of the rentable square footage and has a long-term lease in place through May 2025. Featured tenants include nationally recognized retailers, including Dollar Tree, Rent-A-Center®, BURGER KING®, SUBWAY® and RadioShack®.

“We found this property very attractive with the presence of Wal-Mart Neighborhood Market and its AA credit rating by Standard & Poor’s, its prime location with more than 37 percent of Tucson’s population within 5 miles and the declining unemployment rate in this market,” said Thompson National Properties’ Senior Vice President of Acquisitions, Steve Corea.

The acquisition is subject to various conditions to closing, including final approval of the loan assumption and other customary closing conditions.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly registered non-traded REIT that invests in grocery and drug-store anchored, multitenant necessity retail properties, located primarily in the Western United States, and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate. As of June 10, 2010, TNP Strategic Retail Trust has issued 1,381,756 shares of common stock. Its Board of Directors has approved a 7 percent annual dividend, to be paid monthly starting in July 2010. For more information regarding TNP Strategic Retail Trust, please visit www.tnpsrt.com.

About Thompson National Properties, LLC
Thompson National Properties, LLC (“TNP”) is an international real estate advisory company, specializing in the management and creation of real estate investment funds. TNP uses a variety of investment structures to fit the needs of its investors, which are designed specifically for both institutional and high net worth individual investors alike. Thompson National Properties is also a leader in both property and asset management and receivership services, a key element in any successful commercial real estate investment in today’s lender driven marketplace.

Headquartered in Irvine, California, Thompson National Properties was founded in April 2008 and has seven regional offices. As of June 10, 2010, Thompson National Properties manages a portfolio of 133 commercial properties, in 32 states, totaling more than 17.2 million square feet, on behalf of over 3,500 investor/owners with an overall purchase value of $2.3 billion dollars. Recently TNP expanded its operations to the Middle East to provide valuation and advisory services on over 2.3 million square feet of real estate in Saudi Arabia. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. ÿThese forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results. ÿForward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. ÿThese risks include, but are not limited to: our ability to satisfy the necessary conditions to close the Northgate acquisition, including obtaining funding; volatility in the debt or equity markets affecting the Company’s ability to acquire or sell real estate assets; national and local economic and business conditions; the Company’s ability to maintain sufficient liquidity and access capital markets; the performance of real estate assets after they are acquired; and other risks and uncertainties associated with our business described in the Company’s filings with the Securities and Exchange Commission. ÿAlthough the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in the Company’s expectations.  This release should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s most recent reports on Form 10-K, as amended, and Form 10-Q. Copies of these reports are available on our website and at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

TNP Strategic Retail Trust, Inc. is a publicly offered, non-traded real estate investment trust that invests in grocery anchored, multitenant retail properties, located primarily in the Western United States, and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate.

About Thompson National Properties, LLC
Thompson National Properties, LLC provides real estate investment opportunities and asset management to high net worth domestic, foreign, individual and institutional investors. As of May 17, 2010, Thompson National Properties manages a portfolio of 134 commercial properties, in 31 states totaling more than 17.1 million square feet, on behalf of over 3,500 investor/owners with an overall cost of $2.3 billion. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations.  These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results.  Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made.  These risks include, but are not limited to: the Company’s ability to satisfy the Waianae Mall loan assumption requirements to obtain final loan assumption approval, its ability to raise funds necessary to close the Waianae Mall acquisition, volatility in the debt or equity markets affecting the Company’s ability to acquire or sell real estate assets; national and local economic and business conditions, including the likelihood of a prolonged U.S. recession; the ability to maintain sufficient liquidity and the Company’s access to capital markets; the ability to identify, successfully compete for and complete acquisitions of real estate investments; and the performance of real estate assets after they are acquired.  Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in the Company’s expectations.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Lakeside Cleaners will occupy 1,658 square feet, providing full service laundry and dry cleaning services over the 10-year term of their lease.

TNP Strategic Retail Trust acquired Moreno Valley Marketplace in November 2009. The 94,574 square foot newly constructed, upscale grocery anchored retail center is located in the Rancho Belago area of Moreno Valley, California. The multitenant property is anchored by Stater Bros, a major grocery store chain, and features Wells Fargo Bank and prominent fast food chains Subway and Jack In The Box.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a publicly offered, non-traded real estate investment trust that invests in grocery anchored, multitenant retail properties, located primarily in the Western United States, and real estate related assets, including investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate.

About Thompson National Properties, LLC
Thompson National Properties, LLC provides real estate investment opportunities and asset management to high net worth domestic, foreign, individual and institutional investors. As of April 19, 2010 Thompson National Properties manages a portfolio of 134 commercial properties, in 31 states totaling more than 17.4 million square feet, on behalf of over 3,000 investor/owners with an overall cost of $2.3 billion. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Acquisition of Moreno Marketplace

The Company also announced today that it has acquired its first property, a 94,574 square foot necessity retail center anchored by Stater Bros, a major grocery store chain. The retail center, located in Moreno Valley, California also features Wells Fargo Bank and prominent fast food chains Subway and Jack In The Box. The property contains six buildings and two vacant pad sites that may be developed in the future.
“We believe this grocery anchored retail center is a great investment and fits in well with our overall strategy to acquire necessity-based retail properties in the Western United States,” said Steve Corea, Thompson National Properties’ Senior VP of Acquisitions.

Credit Facility

In addition, TNP Strategic Retail Operating Partnership, LP, the Company’s operating partnership, has entered into a secured revolving credit agreement with KeyBank National Association establishing a revolving credit facility with a maximum aggregate borrowing capacity of up to $15,000,000. The proceeds of the revolving credit facility may be used for investments in properties and real estate-related assets, improvement of properties, costs involved in the ordinary course of business and for other general working capital purposes.  The Company has guaranteed the obligations of the Operating Partnership under the credit facility.

“We are pleased to strengthen our relationship with KeyBank, which now represents, with our advisor and its affiliates, approximately $25,000,000 in commitments.  Having this credit facility in place provides us with additional flexibility to execute on our business strategy.  The completion today of the credit facility and the Moreno Marketplace acquisition demonstrates the strength of our management team and our long track record of execution in all types of markets,” said Anthony W. “Tony” Thompson, Chief Executive Officer of the Company.

About TNP Strategic Retail Trust, Inc.
TNP Strategic Retail Trust, Inc. is a real estate investment trust investing in retail properties, located primarily in the Western United States, and real estate related assets, including the investment in or origination of mortgage, mezzanine, bridge and other loans related to commercial real estate.

About Thompson National Properties, LLC
Thompson National Properties, LLC provides real estate investment opportunities and asset management to high net worth domestic, foreign, individual and institutional investors. As of November 19, 2009, Thompson National Properties has 89 commercial properties totaling approximately 13.6 million square feet under management. For more information regarding Thompson National Properties, please visit www.tnpre.com.

Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations.  These forward-looking statements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results.  Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made.  These risks include, but are not limited to: an inability to identify appropriate options and funding for development of vacant parcels; volatility in the debt or equity markets affecting our ability to acquire or sell real estate assets; national and local economic and business conditions, including the likelihood of a prolonged U.S. recession; the ability to maintain sufficient liquidity and our access to capital markets; our ability to identify, successfully compete for and complete acquisitions; and the performance of real estate assets after they are acquired.  Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The Company undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in the Company’s expectations.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities. Any such solicitation must be preceded or accompanied by a prospectus.  Investors should read the prospectus carefully and consider the investment objectives, risks and charges and expenses before investing.  A copy of the prospectus related to the offering may be obtained from TNP Securities, LLC, the dealer manager of the offering, by calling (877) 982-7846, or by sending a written request to TNP Securities, LLC, 1900 Main Street, Suite 700, Irvine, California 92614.