United Equities, Inc.,
currently owns and manages a retail and industrial portfolio of over 3 million square feet, serving hundreds of national, regional, and local tenants. The Company's long track record of successfully serving these tenants has resulted in an average portfolio occupancy rate consistently above 95%.

United Equities Receives 2008 Best of Bellaire Award

WASHINGTON D.C., August 17, 2008 -- United Equities has been selected for the 2008 Best of Bellaire Award in the Real Estate Developers category by the U.S. Local Business Association (USLBA).

The USLBA "Best of Local Business" Award Program recognizes outstanding local businesses throughout the country. Each year, the USLBA identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and community.