PRESS RELEASES

Thursday, February 05, 2009
USA Fund Purchases BKM Enterprises Portfolio in East Hartford

USA Fund Purchases BKM Enterprises Portfolio in East Hartford
Partial sale leaseback agreement reached on seven-building acquisition

East Hartford, CT (May 15, 2008) - The Urban Strategy America (`USA`) Fund, a New Boston real estate investment fund, recently announced the purchase of a 389,876-square-foot, seven-building industrial portfolio from BKM Enterprises, a privately-owned office interior company in East Hartford, Connecticut. BKM will lease back six of the buildings representing 92.3 percent of the space for a lease term of 10 years. The portfolio has been assembled by BKM Enterprises over the past 25 years.

The USA Fund was launched in 2004 and executes on the promise of a triple bottom line - generating solid returns to investors, spurring economic development and workforce housing, and promoting environmental sustainability.

The seven buildings in the portfolio are concentrated in three locations. The buildings located in Founders Plaza, an established business park, include 300 East River Drive, a high-end, single-story office/flex building, and 60 Meadow Road, both of which are contemporary manufacturing buildings. A second location, 71 George Street, is located in an industrial area and also is a contemporary manufacturing building. 33 and 47 Leggett Road, two warehouse/distribution high bay buildings, and 59/69 Leggett Road and 22 Rumsey Road, two shallow-bay flex buildings, are also located in an established industrial area with abutting properties of similar use, type and vintage.

The BKM Enterprises portfolio is well-located within a stable market and meets the mission of the USA Fund by allowing BKM enterprises to continue to provide the East Hartford community with permanent and temporary jobs ranging from tenant improvements to a potential full building renovation at 22 Rumsey Road, said Kirk Sykes, President, Urban Strategy America Fund.

From the investment perspective, this acquisition will bring a strong cash flow to the fund, stated John Dragat, Chief Investment Officer, Urban Strategy America Fund. The seven-building portfolio will contribute to the diversity of the Fund`s investments.

The BKM Portfolio is conveniently located nearby the region`s interstates, including I-91, I-84, I-291, and I-384 along with access to routes 5 and 6. In addition, the Hartford-Brainard Airport is less than three miles away and the Bradley International Airport is located within ten miles. The portfolio is also a short drive to downtown Hartford and a 90 minute drive to both Boston and New York City.

The portfolio purchase was made with funds from USA Fund I. Sean Duffy of Cushman & Wakefield brokered the sale on behalf of BKM Enterprises.


About the USA Fund
The Urban Strategy America (`USA`) Fund is a New Boston real estate investment fund that executes on the promise of a triple bottom line- generating solid returns to investors, spurring economic development and workforce housing, and promoting environmental sustainability.

About New Boston Fund
New Boston is an independent, privately owned real estate investment manager and an industry leader in providing real estate investment, development and management services with a history of strong

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Allyson Quinby
Solomon McCown & Company
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aquinby@solomonmccown.com