The Kempner Corporation's existing portfolio is diversified and comprised of properties ranging in size and nature. The following is a summary of The Kempner Corporation's acquisition criteria: Geographic Area - Although the company continues to focus on acquisitions in the northeast, it will consider acquisitions elsewhere in the country if a unique opportunity presents itself. Property Classification - Regional, community, and neighborhood shopping centers in addition to strip centers and downtown based properties that are well located with parking. Although retail properties are preferred, Kempner will consider other types of income producing properties and development opportunities. The Kempner Corporation acquires stabilized income producing properties and those that require re-development and implementation of an aggressive leasing program. Price and Size - Kempner will consider acquisitions valued up to twenty-five (25) million. It is imperative to recognize that Kempner has and will continue to purchase properties as small as 5,000 square feet because it firmly believes that "No deal is too small". Kempner responds to all submissions and enjoys discussing the various aspects of properties with sales brokers and direct sellers. This ongoing communication leads to a successful pattern of making deals. | 
