"The Governor's Point acquisition is an important strategicaddition to our growing portfolio of properties throughout thecountry," says Nic Barber, president of Encore. "The developmentgreatly benefits from the high concentration of daytime populationfrom nearby major corporations, as well as close access to housingdevelopments in Greene, Warren, Clinton, Hamilton and Clermontcounties."

Governor's Point sits just off Interstate 71 at Mason-MontgomeryRoad. Duke Realty Corp built the two-part complex in 1998.Governor's Point North contains 161,061-square-feet of leaseablespace and is anchored by a 128,747-square-foot Lowe's. Governor'sPoint South totals 198,940 square feet and it anchored by a157,791-square-foot Biggs Supervalu. Other tenants include Staples,Chipotle, Mattress Warehouse, UPS and T-Mobile.

"Encore brings a very disciplined approach to our investments –we seek out high-quality investments with a lower potential fordownside by cultivating investor and partner relationships," saysDonna Arp, president of Encore Equities. "Given the areademographics and solid tenant base, the Governor's Pointacquisition was especially appealing to our investors."