American Spectrum Realty Announces Stock Purchase by Board Member
December 12 2011 - 8:55AM
Business Wire
American Spectrum Realty, Inc. (AMEX: AQQ) (“the Company”), a
real estate investment, management and leasing company
headquartered in Houston, Texas, announced today that John N.
Galardi purchased 1,000 shares of the Company’s common stock in an
open market transaction. Mr. Galardi is a director and principal
stockholder in the Company. Mr. Galardi anticipates purchasing
additional shares in future open market transactions.
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 (“ASRM”) 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. For
more information, visit www.americanspectrum.com or call
888-315-ASRM.
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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