the sale of I-66 Commerce Center for $17.5 million in cash, which closed on May 7, 2013;

the sale of 23 industrial properties (the “Industrial Portfolio”) for $241.5 million in cash, which closed on June 18, 2013, as described in Item 2.01 of the Current Report on Form 8-K with which this Exhibit 99.1 is filed; and

the repayment of a $14.1 million mortgage loan that encumbered Candlewood (also known as Mercedes Center – Note 1 and Note 2) and the prepayment of $29.0 million of the Jackson National Life Loan (the “Jackson Life Loan”), which is secured by several of the Company’s properties, including $19.8 million secured by I-66 Commerce Center and $6.6 million secured by Northridge.

Assets:

Rental property, net

Assets held-for-sale

Cash and cash equivalents

Escrows and reserves

Accounts and other receivables, net of allowance for doubtful accounts

Accrued straight-line rents, net of allowance for doubtful accounts

Notes receivable, net

Investment in affiliates

Deferred costs, net

Prepaid expenses and other assets

Intangible assets, net

Total assets

Liabilities:

Mortgage loans

Secured term loans

Unsecured term loan

Unsecured revolving credit facility

Accounts payable and other liabilities

Accrued interest

Rents received in advance

Tenant security deposits

Deferred market rent, net

Total liabilities

Noncontrolling interests in the Operating Partnership

Equity:

Preferred Shares, $0.001 par value, 50,000 shares authorized;

Series A Preferred Shares, $25 per share liquidation preference, 6,400 shares issued and outstanding

Common shares, $0.001 par value, 150,000 shares authorized

Additional paid-in capital

Noncontrolling interests in consolidated partnerships

Accumulated other comprehensive loss

Dividends in excess of accumulated earnings

Total equity

Total liabilities, noncontrolling interests and equity

Revenues:

Rental

Tenant reimbursements and other

Total revenues

Operating expenses:

Property operating

Real estate taxes and insurance

General and administrative

Depreciation and amortization

Total operating expenses

Operating income

Other expenses, net:

Interest expense

Interest and other income

Equity in losses of affiliates

Total other expenses, net

Income (loss) from continuing operations

Basic and diluted earnings per common share:

(Loss) income from continuing operations (g)

Weighted average common shares outstanding – basic and diluted

Revenues:

Rental

Tenant reimbursements and other

Total revenues

Operating expenses:

Property operating

Real estate taxes and insurance

General and administrative

Acquisition costs

Depreciation and amortization

Impairment of real estate assets

Contingent consideration related to acquisition of property

Total operating expenses

Operating income

Other expenses, net:

Interest expense

Interest and other income

Equity in earnings of affiliates

Gain on sale of investment

Loss on debt extinguishment

Total other expenses, net

(Loss) income from continuing operations before income taxes

Benefit from income taxes

(Loss) income from continuing operations

Basic and diluted earnings per common share:

(Loss) income from continuing operations (g)

Weighted average common shares outstanding – basic and diluted

Revenues:

Rental

Tenant reimbursements and other

Total revenues

Operating expenses:

Property operating

Real estate taxes and insurance

General and administrative

Acquisition costs

Depreciation and amortization

Contingent consideration related to acquisition of property

Total operating expenses

Operating income

Other expenses, net:

Interest expense

Interest and other income

Equity in earnings of affiliates

Total other expenses, net

(Loss) income from continuing operations before income taxes

Benefit from income taxes

(Loss) income from continuing operations

Basic and diluted earnings per common share:

(Loss) income from continuing operations (g)

Weighted average common shares outstanding – basic and diluted

Revenues:

Rental

Tenant reimbursements and other

Total revenues

Operating expenses:

Property operating

Real estate taxes and insurance

General and administrative

Acquisition costs

Depreciation and amortization

Impairment of real estate assets

Contingent consideration related to acquisition of property

Total operating expenses

Operating income

Other expenses, net:

Interest expense

Interest and other income

Equity in losses of affiliates

Gain on early retirement of debt

Total other expenses, net

(Loss) income from continuing operations before income taxes

Provision for income taxes

(Loss) income from continuing operations

Basic and diluted earnings per common share:

(Loss) income from continuing operations (g)

Weighted average common shares outstanding – basic and diluted

The elimination of the assets and liabilities of I-66 Commerce Center as if the sale had occurred on March 31, 2013.

The $7.3 million of additional cash used to sell I-66 Commerce Center as the balance of the indebtedness secured by I-66 Commerce Center exceeded the proceeds received in its sale. The company used net proceeds from the sale of I-66 Commerce Center, available cash of $3.2 million and $4.1 million of cash that was funded through a $5.0 million draw under its unsecured revolving credit facility to prepay $19.8 million of the Jackson Life Loan secured by I-66 Commerce Center, prepay $1.9 million of additional principal under the Jackson Life Loan and a $2.4 million prepayment penalty.

A $2.3 million gain on the sale of I-66 Commerce Center, which was offset by a $2.4 million penalty on the prepayment of the indebtedness secured by I-66 Commerce Center.

The elimination of the assets and liabilities of the Industrial Portfolio as if the sale had occurred on March 31, 2013.

The receipt of net proceeds of approximately $183.7 million, which reflects the repayment of mortgage and other indebtedness secured by the Industrial Portfolio and the payment of transaction costs and the escrow of approximately $28 million of net proceeds that are being held by a qualified intermediary in order to facilitate a potential tax-free exchange under Section 1031 of the Internal Revenue Code in the event the Company identifies an acquisition opportunity.

A gain of approximately $16 million on the sale of the Industrial Portfolio, which was partially offset by $1.9 million of losses associated with prepaying the indebtedness secured by Candlewood and Northridge under the Jackson Life Loan.

The elimination of revenues and expenses of I-66 Commerce Center for the periods presented.

The adjustment of interest expense to reflect the Company’s statements of operations as if (i) the prepayment of the $19.8 million of the Jackson Life Loan secured by I-66 Commerce Center, (ii) the $5.0 million draw under the Company’s unsecured revolving credit facility and (iii) the $1.9 million prepayment of additional principal secured by other properties under the Jackson Life Loan, which was a condition of prepayment of the loan balance that was secured by I-66 Commerce Center under the terms of the Jackson Life Loan, each occurred on January 1, 2010.

The elimination of revenues and expenses of the Industrial Portfolio for the periods presented.

The adjustment of interest expense to reflect the Company’s statements of operations as if (i) the repayment of a $14.1 million mortgage loan that encumbered Candlewood, (ii) the prepayment of the $6.6 million of the Jackson Life Loan secured by Northridge, and (iii) the $0.6 million prepayment of additional principal secured by other properties under the Jackson Life Loan, which was a condition of prepayment of the loan balance that was secured by Northridge under the terms of the Jackson Life Loan, each occurred on January 1, 2010. The consolidated statements of operations do not assume any interest income on the estimated net cash proceeds from the sale of the Industrial Portfolio.