American Spectrum Realty, Inc. (NYSE AMEX: AQQ) (“The Company”), a real estate investment, management and leasing company, headquartered in Houston, Texas announced that its wholly owned subsidiary, American Spectrum Realty Management, LLC (“ASRM”), has been awarded the leasing assignment for 6150 Richmond Avenue in Houston, Texas.

6150 Richmond is a two-story, Class B, multi-tenant office building with approximately 36,729 square feet of net rentable area. The building is conveniently located at Richmond and Fountainview in Houston’s Richmond/Fountainview submarket. Built in 1977, 6150 Richmond is ideally suited for tenants that seek the natural ambiance of a serene, atrium setting at an exceptional location in the heart of the Galleria's upscale retail and residential communities. This ideal location offers convenient access to the Galleria's amenities, while located outside the congested thoroughfares of the area. 6150 Richmond is easily accessed by multiple major highway systems including: Southwest Freeway(I-59), Loop 610, Katy Freeway(I-10) and the Westpark Tollroad. All leasing inquiries should be directed to 713-706-6200.

ASRM is also responsible for the management and/or leasing of eight additional multi-tenant office buildings in the Galleria area, representing approximately 600,000 SF. The company provides management, leasing, accounting, marketing, and risk management services to over 8.3 million square feet of investment properties nationwide.

About American Spectrum Realty, Inc.

American Spectrum Realty, Inc. is a real estate investment company that owns, through its operating partnership, interest in office, industrial, self storage, retail properties, and apartments throughout the United States. The company has been publicly traded since 2001. American Spectrum Realty Management, LLC is a wholly-owned subsidiary of the Company’s operating partnership that manages and leases all properties owned by American Spectrum Realty, Inc. as well as third-party clients.

ASRM provides first-class management and leasing services for over 115 office, industrial, retail, self-storage, and multi-family properties, totaling over 13 million square feet in 18 states.

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