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May, 2008 Orion acquired a two story office building at 8605 Freeport Parkway North, in Irving, Texas from the builder. The property is 50,200 sf and was 88% leased at time of acquisition to Paychex Incorporated for its regional office. Paychex provides payroll and benefit plan administration to its clients. The principal of Orion coinvested with a German investor for the acquisition. June and December, 2007 Orion completed sale of a two building property at 9200 John Carpenter Freeway in Dallas to a California investor on behalf of a European client. The property includes a 44,235 office warehouse building and an 11,780 sf telecom switch site. In December, 2007, Orion acquired leased land at 4770 Saturn Road in Garland to complete a tax free exchange for its client. June, 2006 St. Joseph Village dedicated The Holy Family Chapel as the last element of the initial phase of the retirement community. The chapel, which seats 250, was financed with charitable contributions from residents and individual donors and institutions among the Dallas area Catholic community. Concurrently, St. Joseph Village was sold to CHRISTUS Health to secure the operational sophistication and resources of a major institution, while continuing the mission of the original sponsors. For more information see press release. May, 2006 Orion completed purchase of 4545 Davis St in Pinnacle Park in Dallas, Texas. The property is a 127,270 sf office-warehouse structure used as US headquarters by AVW Telav, a subsidiary of Freeman Decorating Company AVW Telav provides audio-video hardware and software for use at corporate meetings and trade shows. The principal of Orion coinvested with a German investor for the acquisition. April, 2006 Orion completed purchase of a 5 acre tract at the northwest corner of Frankford Road and Marsh Lane in Dallas, adjacent to the President George Bush Freeway. The tract is improved with four retail buildings, a bank and three restaurants, owned by national companies on ground leases. The principal of Orion coinvested with two German investors for the acquisition. October, 2005 Orion closed purchase of 6020 Colwell in Las Colinas, Irving, Texas. The property is a 69,000 sf office-warehouse structure formerly used for advertising production by a national company. The principal of Orion coinvested with a German investor for the acquisition. Orion closed sale of 2000 Hurd Drive in Las Colinas, Irving, Texas. The property is a 40,000 sf corporate training center facility. Seller is a German investor. The purchaser is a US investor group arranged by a Bay Area investment advisor. July, 2005 Orion closed sale of a 17,000 sf office building in the Galleria area of north Dallas to a private investor. Seller is a German family with numerous North American investments. April, 2005 Orion arranged a lease for 6340 International Parkway, Plano, Texas, with Apex, a restaurant management and consulting company. The principal of the firm is also affiliated with Metromedia Restaurants (Steak&Ale, Bonanza, Bennigans, and other brands).

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