NNN Healthcare/Office REIT Acquires St. Mary Physicians Center in Long Beach, ... (center and the joint St. Mary Medical Ce...)

NNN Healthcare/Office REIT Acquires St. Mary Physicians Center in Long Beach, California

Date:9/11/2007

center and the joint St. Mary Medical Center/UCLA Revlon Breast Center within the building.

NNN Healthcare/Office REIT offers a monthly distribution of 7.25 percent per annum and has made eleven other geographically-diverse acquisitions:

-- Kokomo Medical Office Park in Kokomo, Indiana;

-- 1 and 4 Market Exchange in Columbus, Ohio;

-- Gwinnett Professional Center in Lawrenceville, Georgia;

-- Triumph Hospital Northwest and Triumph Hospital Southwest in Greater

Houston, Texas;

-- Thunderbird Medical Plaza in Glendale, Arizona;

-- Shakerag Medical Center and Yorktown Medical Center in Fayette County,

Georgia;

-- Commons V Medical Office Building in Naples, Florida;

-- Lenox Office Park Building G in Memphis, Tennessee;

-- The Gallery Professional Building in St. Paul, Minnesota;

-- Crawfordsville Medical Office Park and Athens Surgery Center in

Crawfordsville, Indiana; and

-- Southpointe Office Parke and Epler Parke I in Indianapolis, Indiana.

As of August 30, 2007, NNN Healthcare/Office REIT has sold approximately 14.1 million shares of its common stock for more than $140.8 million through its initial public offering, which began in the third quarter of 2006.

Including the purchase of St. Mary Physicians Center, NNN Healthcare/Office REIT has acquired a portfolio of properties valued at more than $204 million.

NNN Realty Advisors, Inc., a nationwide commercial real estate asset management and services firm, is the sponsor of NNN Healthcare/Office REIT, Inc. NNN Realty Advisors and affiliates manage a growing portfolio of more than 36 million square feet of real estate, including approximately 8,400 apartment units, with a combined market value approaching $5 billion. NNN Realty Advisors and affiliates are currently buying and selling properties throughout the United States, offering a full range of commercial real estate investments, including tenant-
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NNN Healthcare/Office REIT Acquires St. Mary Physicians Center in Long Beach, ...(center and the joint St. Mary Medical Ce...),Health