After co-founding Triple Net Properties, Maurer was executivevice president and chief financial officer until December 2001,when he was named executive vice president of sales and marketing.In addition, Maurer was president and CEO of TREIT Inc. from August 2004 to July 2007.
T REIT, advised and managed by Triple Net Properties, was formedin 1998 to invest in office, retail, industrial and serviceproperties in states that do not have state income taxes. Thepremise behind investing in these states was that economic growthwould be greater there, and that has turned out to be true, Maurernoted in an interview with GlobeSt.com last year. T REIT was anontraded REIT, so-called because the stock of nontraded REITs doesnot trade publicly but is owned by shareholders, who must meetcertain qualifications to own the shares.
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