Exhibit 99.2
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Statements included in this presentation that state the company’s or management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which, by their nature, involve known and unknown risks and uncertainties. The company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the company’s regulatory filings with the Securities and Exchange Commission for information or factors which may impact the company’s performance.
• | AMEX: AMY |
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• | Total Common Share Market Cap: $183M |
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• | Irreplaceable Corners™ |
• | Class A (AMEX: AMY) |
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| • $8.26 (7/26/05) |
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| • Yield = 6.05% |
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| Price |
| Yield |
| Preferred |
| Callable |
| Convertible |
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Class B |
| $ | 9.25 |
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| 8.0% |
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| Yes |
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| July 2005 |
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| Immediate |
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Class C |
| $ | 10.00 |
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| 7.0% |
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| Yes |
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| Aug. 2006 |
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| Aug. 2010 |
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Class D |
| $ | 10.00 |
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| 6.5% |
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| No |
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| Sept. 2005 |
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| Sept. 2011 |
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Top 5 Tenants |
| % of Total Operating Revenue | |
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1 | Kroger |
| 6.9% |
2 | IHOP |
| 6.2% |
3. | CVS/pharmacy |
| 2.6% |
4. | Linens ‘n Things |
| 1.7% |
5. | Landry’s |
| 1.3% |
As of 6/30/05
• | Total Assets = $279 million |
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• | Primarily Irreplaceable CornersTM |
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• | Premiere shopping center focused |
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• | 98% occupancy (as of 6/30/05) |
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• | Strong & steady growth |
Demographics |
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Traffic Count: | Post Oak |
| 64,467 |
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| Loop 610 |
| 275,000 |
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3-mile Radius: |
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Population |
| 148,123 |
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Avg HH Income | $ | 99,725 |
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Per Capita Retail Sales | $ | 19,662 |
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Source: Claritas Site Reports, Texas Dept. of Transportation
Real Estate Operating & Development Business
• | Fully integrated and wholly owned by AmREIT | |
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• | Multiple sources of fee income: | |
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| - Construction Management |
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| - Development |
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| - Property management |
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| - Brokerage |
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| - Leasing |
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• | Secure, strengthen & retain tenant relationships | |
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• | Enhance revenue & control expenses |
Wholesaling Securities Business
• | Flexible capital sources |
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• | NASD registered broker/dealer selling only AmREIT proprietary products |
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• | Gives access to both private and public capital |
• | Over $85 million additional assets under management |
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• | Focused on value-added properties and development |
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• | Capture recurring fees for AmREIT |
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• | Back-end profit participation |
For more information contact:
Debbie Lucas
VP Investor Relations & Corporate Communications
Or
Chad Braun
Chief Financial Officer
AmREIT
8 Greenway Plaza, Suite 1000
Houston, TX 77046
713.850.1400
www.amreit.com