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J Alexander Realty Group Launches Diversified Fund

August 7, 2006 – Dallas, Texas. J Alexander Realty Group announced the launch of a fully diversified real estate Fund, JARG Fund II, L.P. The Fund will allow individual as well as institutional investors to take advantage of commercial real estate investment opportunities.

The Fund will diversify its holdings through four major categories:

Income producing - multi-family, retail (both anchored and unanchored), office, medical and industrial buildings, hospitality
Development - retail centers (both anchored and unanchored), multi-family, office and industrial buildings, single family (only in select locations)
Re-development (to include partial or complete demolition) - retail conversion centers, multi-family and office buildings
Path-of-Progress land acquisition (development value-add) - retail centers, mixed use, office buildings

"This Fund will provide our investors the diversity they have come to expect from J Alexander while balancing our conservative investment philosophy”

-A. Christopher Slauer – Managing General Partner, J Alexander Realty Group, Ltd.

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