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A look at Nexregen Firewheel's REIT offering

12:00 AM CDT on Friday, August 22, 2008

Offering: 275,000 shares

Price per share: $10

Minimum investment: $2,500

Investor criteria: Net worth of at least $150,000 or annual gross income of at least $45,000, plus a net worth of at least $45,000

Founders' stake: At least 10 percent

Offering time frame: One year since Sept 21, 2007*

Annual dividend: 8 percent

Registration: Texas State Securities Board

Prospectus: www.nexregen.com or Texas State Securities Board

Fees: 4.3 percent

Asset: Firewheel Village shopping center, State Highway 78 and the President George Bush Turnpike, Garland

Occupancy rate: 100 percent

Tenants: Hobby Lobby, Big Lots, Mardel, Hancock Fabrics, Tuesday Morning, Peek's Carpet and Tile

*Plans to extend offering to Sept. 21, 2009

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