GID Investment Advisers LLC Acquires Vantage Point Business Center In Orlando

Boston - (August 09, 2007) - GID Investment Advisers LLC (“GID”) announced today that it has acquired Vantage Point Business Center on behalf of an affiliate, Windsor Realty Fund-VII LLC (“WRF-VII”). The property is a four building, 110,000sf flex/industrial project located in the suburb of Sanford, north of downtown Orlando, FL.

Development of the property was completed in July 2007 and is currently 35% occupied. The property is situated on 9.5 acres along Monroe Road (which is currently being expanded from a two lane road to four lane road) and enjoys easy access to Interstate 4, State Highway 417, as well as the soon to be expanded State Highway 429 (Wekiva Parkway). The project has outstanding access to retail and commercial amenities including Simon’s 1.2 million square-foot Seminole Town Center, the 550,000sf MarketPlace at Town Center as well as numerous master-planned executive housing communities. The project’s lead tenant is General Works Roofing, a division of Tecta America – a leading national roofing company with 50 locations nationwide.

Gary Kroll, Vice President of Real Estate Acquisitions for GID commented, “We are very excited about our flex/industrial entry into the Orlando market. This Class A asset squarely meets the target acquisition criteria for WRF-VII with its outstanding access to highway infrastructure, retail amenities, and executive housing. Furthermore, it is an ideal newly constructed, value-add opportunity in a dynamic market that should provide superior risk-adjusted returns to our investors. Orlando’s demographic and employment growth keep it at the top of our target market list and we look forward to further opportunities in this market.”

Bo Bradford and Tom McFadden of Southern Commercial Real Estate Advisors have been hired as the third party leasing team while Colliers Arnold was hired as management agent for this project.

WRF-VII is an equity co-investment joint venture between GID and several institutional investors. The relationship covers the entire United States. GID has full discretion over all acquisition and disposition decisions.

For further information, contact Gary Kroll at 617-854-6635 or gkroll@generalinvestment.com.

About GID: The General Investment & Development Companies (GID) www.generalinvestment.com, founded in 1960, are privately-held, diversified companies with substantial interests in both residential apartment and other commercial real estate throughout the United States. GID is headquartered in Boston, Massachusetts, and its various affiliates operate nationwide. Over its history, GID has developed and acquired apartment, condominium, office, research & development and industrial properties. Today, GID and its affiliates' portfolios are invested in 17 states including over 11,000 apartment homes in 37 properties, 670,000 square feet of suburban office space in seven office buildings and 3.0+ million square feet of flex industrial space in ten business parks. Over the years, GID has developed and/or acquired over 36,000 apartment homes.