Property Name and Location MULTI-FAMILY RESIDENTIAL - continued Pinehurst Apartments - Billings, MT Pointe West - Rapid City, SD Prairie Winds Apartments - Sioux Falls, SD Prairiewood Meadows - Fargo, ND Quarry Ridge Apartments - Rochester, MN Ridge Oaks - Sioux City, IA Rimrock Apartments - Billings, MT Rocky Meadows - Billings, MT Rum River Apartments - Isanti, MN SCSH Campus Heights Apartments - St. Cloud, MN SCSH Campus Plaza Apartments - St. Cloud, MN SCSH Campus Knoll I Apartments - St. Cloud, MN SCSH University Park Place Apartments - St. Cloud, MN SCSH Cornerstone Apartments - St. Cloud, MN SCSH Campus Center Apartments - St. Cloud, MN SCSH Campus Side Apartments - St. Cloud, MN SCSH Campus View Apartments - St. Cloud, MN Sherwood Apartments - Topeka, KS Southbrook & Mariposa - Topeka, KS South Pointe - Minot, ND Southview Apartments - Minot, ND Southwind Apartments - Grand Forks, ND Sunset Trail - Rochester, MN Sweetwater Properties - Grafton, ND Sycamore Village Apartments - Sioux Falls, SD Terrace On The Green - Moorhead, MN Thomasbrook Apartments - Lincoln, NE Valley Park Manor - Grand Forks, ND Village Green - Rochester, MN West Stonehill - Waite Park, MN Westwood Park - Bismarck, ND Winchester - Rochester, MN Woodridge Apartments - Rochester, MN TOTAL MULTI-FAMILY RESIDENTIAL
Property Name and Location OFFICE BUILDINGS 1st Avenue Building - Minot, ND 401 South Main - Minot, ND 610 Business Center IV - Brooklyn Park, MN 2030 Cliff Road - Eagan, MN 7800 W Brown Deer Road - Milwaukee, WI American Corporate Center - Mendota Heights, MN Ameritrade - Omaha, NE Benton Business Park - Sauk Rapids, MN Bloomington Business Plaza - Bloomington, MN
(in thousands) Investment Fiscal 2008 (initial cost plus Economic Units improvements) Occupancy
21 $ 90 48 85 154 132 78 98 72 49 24 71 35 24 90 48 48 300 54 195 24 164 146 42 48 116 264 168 36 313 64 115 110 9,500 $
822 4,811 2,270 3,568 14,752 5,270 4,200 7,040 5,668 747 368 1,796 539 367 2,655 726 727 17,430 5,680 11,714 902 7,017 14,937 901 1,723 3,152 11,553 6,038 2,770 14,352 2,772 7,176 7,567 510,697
100.0% 94.7% 81.2% 88.8% 91.9% 95.7% 97.1% 98.5% 93.4% 75.9% 91.0% 93.3% 87.4% 72.9% 98.9% 91.7% 97.8% 98.5% 97.3% 99.6% 99.6% 83.3% 94.8% 75.6% 87.6% 93.3% 75.2% 94.3% 97.2% 87.4% 98.4% 90.2% 89.7% 92.7%
(in thousands) Investment Fiscal 2008 Approximate Net Rentable (initial cost plus Economic Square Footage improvements) Occupancy
15,446 $ 8,443 78,560 13,374 175,610 138,959 73,742 30,464 121,064
694 643 8,583 983 11,108 20,498 8,349 1,527 8,041
82.5% 0.0% 0.0% 100.0% 100.0% 86.1% 100.0% 94.9% 52.2%
2008 Annual Report
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