UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported) December 15, 2006
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USA Real Estate Investment Trust
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(Exact name of registrant as specified in its charter)
California 0-16508 69-0420085
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One Scripps Drive, Suite 106 Sacramento, California 95825-7684
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (916) 761-4992
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General instruction A.2. below):
/ / Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
/ / Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
/ / Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
/ / Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240-13e-4(c))
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Item 2.01 Completion of Acquisition or Disposition of Assets
On December 15, 2006, the Registrant completed the sale and disposition of
19401 Parthenia Street in Northridge, California to Upside Investments, LP,
a California limited partnership ("Buyer"). There is no material relation-
ship, other than in respect of the transaction, between the Buyer and the
Registrant or any of the Registrant's affiliates, trustees, officers or any
associate of the Registrant's trustees and officers. The nature and amount
of the consideration recieved by the Registrant for said real property was
cash in the amount of $8,756,395.
Signature(s)
Pursuant to the Requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
USA Real Estate Investment Trust
Date: December 19, 2006 By: Gregory E. Crissman
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Gregory E. Crissman as
Chairman, Chief Executive Officer
and Chief Financial Officer