American Spectrum Management Group, Inc.
Awarded Contract for
Third Party Leasing & Management by Imperial
April 15, 2010 10:18 AM Eastern Daylight Time
HOUSTON--(EON: Enhanced Online News)--American Spectrum Realty, Inc. (NYSE AMEX: AQQ) (“the
Company”), a real estate investment, management and leasing company, headquartered in Houston, Texas, stated
today that American Spectrum Management Group, Inc. has been awarded the leasing and management contract of
an apartment project in Sherman, TX by Imperial Capital Bank.
This contract marks the fourth project awarded to American Spectrum Management Group, Inc. by Imperial Capital
Bank over the past two months. American Spectrum Management Group, Inc. now manages and leases 16
properties in Texas for third party clients and is actively seeking to expand into markets outside of Houston.
American Spectrum Management Group, Inc. and American Spectrum Realty Management, LLC, (wholly-owned
subsidiaries of the Company’s operating partnership) headquartered in California, are responsible for the third party
leasing and management of 125 properties totaling over two billion of value in 22 states.
About American Spectrum Realty, Inc.
American Spectrum Realty, Inc. is a real estate investment company that owns, manages, and operates through an
operating partnership 29 offices, industrial and retail properties aggregating approximately 2.6 million square feet in
California, Texas, Arizona and the Midwest and has been publicly traded on the NYSE AMEX since 2001.
American Spectrum Management Group, Inc. and American Spectrum Realty Management, LLC manage and lease
all properties owned by American Spectrum Realty, Inc. as well as third party properties. The company plans to
continue to aggressively pursue third party management and leasing from other institutional clients.
American Spectrum Realty, Inc.
Richard M. Holland, 713-706-6200