Less than one year after closing one of the largest retail purchase transactions in the United States, in 2013 Regal Properties has already successfully closed: (1) the purchase of a 40,000 square foot retail center on Cave Creek Road in Phoenix, (2) the purchase from a bank of a broken residential subdivision in Kerman, California, (3) the purchase of a 12,600 square foot automotive center in Phoenix, and (4) the office lease negotiations, on behalf of 22 tenant-in-common owners, for 123,000 square feet of rentable space occupied by US Cellular in Tulsa, Oklahoma. Before the end of 2013, Regal Properties expects additional closings in the retail, hospitality, land, office, self-storage and residential sectors based on currently pending transactions and activities.