American Spectrum Realty Management, LLC Storage Facility Narrowly Escapes San Antonio Wildfire

American Spectrum Realty Management, LLC (“ASRM”), a wholly-owned subsidiary of American Spectrum Realty, Inc.’s operating partnership, announced today that AAA Storage in San Antonio remains unscathed by the massive wildfire that ignited just outside Camp Bullis in Bexar County.

ASRM manages six self-storage facilities in San Antonio. One of which, AAA Storage, is located merely three miles from Camp Bullis. The 150-acre wildfire broke out last Wednesday, September 8, 2011 and came dangerously close to the property. Fortunately, no structures were damaged and residents were allowed back into their homes early Wednesday evening.

“You can’t see the fire, but you can still smell smoke,” says AAA Storage Property Manager Michelle Graham. Although many fled the area for safer ground, Michelle refused to leave the property until evacuation was imminent. Michelle was determined to protect the facility and prepared to contact the owners if the property was in direct threat. ASRM has continued to monitor the status of the fire to ensure that the property and contents are safe.

AAA Storage feels very lucky to have narrowly escaped the massive wildfire but realizes that many others across Texas have not been so fortunate. ASRM expresses its deepest condolences to those who have lost loved ones and homes to the devastating wildfires.

About American Spectrum Realty, Inc.

American Spectrum Realty, Inc. is a real estate investment company that owns, through its operating partnership, interest in office, industrial, self storage, retail properties, and apartments throughout the United States. The company has been publicly traded since 2001. American Spectrum Realty Management, LLC is a wholly-owned subsidiary of the Company’s operating partnership that manages and leases all properties owned by American Spectrum Realty, Inc. as well as third-party clients.

ASRM provides first-class management and leasing services for over 115 office, industrial, retail, self-storage, and multi-family properties, totaling over 15 million square feet in 18 states.

Certain matters discussed in this release are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected including the risks and uncertainties of acquiring, owning, operating and disposing of real estate. Such risks and uncertainties are disclosed in the Company’s past and current filings with the U. S. Securities and Exchange Commission.

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