SELECTED LIST OF INSTITUTIONAL AND CORPORATE CLIENTS

Aetna Casualty & Surety Company
Arcis Investments, Inc.
BellSouth Telecommunications, Inc.
Birmingham Realty Company
Bruno's Supermarkets, Inc.
C S X Real Properties
City of Birmingham
Collins Group, LLC, Brooklyn, NY
EBSCO Realty
Euro American Advisors
Fairway Investments, L.L.C.
First Commercial Bank
Frontier Bank
GlassRatner Advisory & Capital Group, LLC
Global State Investments USA
ING Investment Management
K.P.S. Group
Liberty Mutual Life Insurance Company
Liberty Mutual Real Estate Group
LVR Real Estate Partners, LLC
Marathon Corporation
Metropolitan Life Insurance Company
Nationwide Life Insurance Company
Porter, White & Company
Principal Life Insurance Company
Porter, White & Company
Regions Bank
Teacher's Insurance and Annuity Association of America
Thompson Tractor and Equipment Company
USX Realty
University of Alabama at Birmingham