Real Estate Assets

12 Months Ended

Dec. 31, 2014

4. REAL ESTATE ASSETS

The Company owns a diverse portfolio of real estate assets. The primary types of properties the Company invests in are office, retail, self-storage and NNN leased residential properties located primarily in Southern California and Colorado, with two properties located in North Dakota. Our model home properties are located in seven states. As of December 31, 2014, including properties held for sale, the Company owned or had an equity interest in:

Fourteen office buildings and one industrial building (“Office Properties”) which total approximately 1,142,000 rentable square feet,
Five retail shopping centers (“Retail Properties”) which total approximately 230,000 rentable square feet,
Seven self-storage facilities (“Self-Storage Properties”) which total approximately 666,000 rentable square feet, and Fifty-four model homes owned by three affiliated limited partnerships (“Residential Properties”).

			2014	2013
			real estate	real estate
	Date		assets, net	assets, net
Property Name	Acquired	Location	(thousands)	(thousands)
Havana/Parker Complex	June 2006	Aurora, CO	$2,269	$3,510
Garden Gateway Plaza	March 2007	Colorado Springs, CO	12,120	12,391
World Plaza	September 2007	San Bernardino, CA	6,834	6,700
Regatta Square	October 2007	Denver, CO	1,897	1,936
Sparky’s Palm Self-Storage	November 2007	Highland, CA	4,266	4,376
Sparky’s Joshua Self-Storage	December 2007	Hesperia, CA	6,661	6,815
Executive Office Park	July 2008	Colorado Springs, CO	8,274	8,401
Waterman Plaza	August 2008	San Bernardino, CA	5,995	6,129
Pacific Oaks Plaza	September 2008	Escondido, CA	4,291	4,355
Morena Office Center	January 2009	San Diego, CA	5,461	5,667
Fontana Medical Center	February 2009	Fontana, CA	-	1,977
Rangewood Medical Office Building	March 2009	Colorado Springs, CO	2,361	2,256
Sparky’s Thousand Palms Self-Storage	August 2009	Thousand Palms, CA	5,365	5,545
Sparky’s Hesperia East Self-Storage	December 2009	Hesperia, CA	2,376	2,656
Sparky’s Rialto Self-Storage	May 2010	Rialto, CA	4,681	4,784
Genesis Plaza	August 2010	San Diego, CA	8,613	8,861
Dakota Bank Buildings	May 2011	Fargo, ND	10,027	9,798
Yucca Valley Retail Center	September 2011	Yucca Valley, CA	8,044	7,942
Sparky’s Sunrise Self-Storage	December 2011	Hesperia, CA	2,142	2,166
Port of San Diego Complex	December 2011	San Diego, CA	13,954	14,134
Shoreline Medical Building	May 2012	Half Moon Bay, CA	5,994	6,132
The Presidio	November 2012	Colorado Springs, CO	6,684	6,977
Sparky’s Lancaster Self-Storage	May 2013	Lancaster, CA	3,616	3,630
Bismarck Office	March 2014	Fargo, ND	4,970	-
Union Terrace	August 2014	Lakewood, CO	9,032	-
Centennial Tech Center	December 2014	Colorado Springs, CO	15,540	-
Arapahoe Service Center	December 2014	Centennial, CO	11,873	-
Union Town Center	December 2014	Colorado Springs, CO	11,268	-

NetREIT, Inc properties			$184,608	$137,138

(54) Model Home properties	Various in	CA, AZ, WA, TX, SC,
held in limited partnerships	2009-2014	NC and NJ	13,589	23,093



Model Home properties			$13,589	$23,093

	Total real estate assets and lease intangibles, net		$198,197	$160,231