Hartman Income Real Estate Investment Trust (REIT) Adds to Houston Office Portfolio

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Al Hartman

We see the current market as a great opportunity to buy properties at discounted prices.

Houston, TX (Vocus) August 2, 2010

Hartman Income REIT, Inc., a Houston based Real Estate Investment Trust, announced today that Hartman 1960 Properties, LLC, its jointly owned subsidiary, has purchased 616 FM 1960 from Koll Bren Fund V (KBS).

The 142,194 square foot, eight (8) story building is located at 616 FM 1960 West, approximately five (5) miles from George Bush Intercontinental Airport and adjacent to Interstate 45 and the Hardy Toll Road.

Lead tenants at 616 FM 1960 include: Chase Bank a leading global financial service firm, and AEI Engineering, a Houston based civil engineering consulting firm. 616 Fm 1960 is currently 74% occupied. 616 FM 1960 is located in the vibrant FM 1960 office submarket in North Houston, and Hartman Income REIT’s business plan is to stabilize the building at current submarket rates.

Hartman CEO and Chairman of the Board, Al Hartman said, “We see the current market as a great opportunity to buy properties at discounted prices." Mr. Hartman continues, "We have not seen these types of buying opportunities in a generation. We sat on the sidelines from late 2005 to mid 2007 when properties values peaked, and avoided over-paying for properties like many other companies did."

"This approach allowed us to maintain our track record in terms of yield for the investors. We specialize in buying properties in which we can add value by making improvements and leasing up the properties. The types of properties we are seeing now are generally foreclosures and offer value-add opportunities.”

Mark Lucescu of Lucescu Realty in Newport Beach, California represented the seller, KBS, in the transaction and Dave Wheeler and Julian Kwok represented the buyer, Hartman Income REIT.

About Hartman Income REIT:

Hartman Income REIT, Inc., headquartered in Houston, Texas, is a $300,000,000 Real Estate Investment Trust which owns and/or manages 30 properties and 3,500,000 square feet of office, industrial and retail space. It's properties are located throughout Texas in Houston, Dallas/Ft. Worth and San Antonio.

Forward-Looking Statements:

Statements included herein that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, which by their nature, involve known and unknown risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied by these statements.

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