Vista Acquires Lubbock Shopping Center

Vista 2407 Plazas, Ltd., a real estate investment partnership sponsored by The Vista Companies, has
acquired The Plazas on 9th Street, a 21,000 sq. ft. retail center located across from the campus of Texas
Tech University, in Lubbock, Texas.

At the time of acquisition, the center was one hundred percent occupied with tenants which included
Torchy’s Tacos, Amazon, and Barefoot Athletics.

Financing for the acquisition was provided by StanCorp through JLL, and closing was with Lesley Mann at
Charter Title. The buyer was represented by Chris Gainey of Marcus & Millichap in Dallas.

Property management services will be provided by Vista Management Company under the direction of
Nubia Gilliam. and leasing activities will be under the direction of Courtney Lavender, Vista’s Sr. VP of
Leasing.