GID INVESTMENT ADVISERS LLC ACQUIRES FLEX/INDUSTRIAL PARK IN HOUSTON, TX

Boston - (September 19, 2008) - GID Investment Advisers LLC (a division of The General Investment & Development Companies) announced today that it has acquired Bammel Business Park on behalf of an affiliate, Windsor Realty Fund-VII LLC (“WRF-VII”). The portfolio consists of two flex/industrial buildings totaling 110,400 square feet in the Northwest submarket of Houston, TX.

Developed by First Industrial in 2008, the project was a pre-sale and is part of a 356,850 sf flex industrial and warehouse/distribution, master-planned business park. The park offers direct access to the westbound feeder road of the North Sam Houston Parkway West and Bammel North Houston Road, as well as outstanding access to retail, residential, and commercial amenities including the 1.5 million square-foot Willowbrook Mall and executive housing.

Gary Kroll, Vice President of Real Estate Acquisitions for GID commented,"Our purchase of Bammel Business Park is GID's second Houston flex/industrial purchase. This asset squarely meets the target acquisition criteria for WRF-VII with its access to highway infrastructure, retail amenities, and labor pool. Houston's demographic and continuing employment growth keep it on our target market list and we look forward to further opportunities in this market."

Bammel Business Park is GID’s second acquisition in Houston. GID also acquired the 91,451 square foot Legacy Business Park in May 2007.

For more information on GID’s flex/industrial program, please contact Gary Kroll at (617) 854-6635 or visit our website at www.windsorbusinessparks.com.