T REIT Inc., Santa Ana, Calif., has announced the approval by its board of a special liquidating distribution of approximately $2.6 million, or $3.56 per share of common stock, to its stockholders.T REIT said the special distribution will be paid on or about July 6, contingent on completing the sale of the company's interest in the 1401 Enclave Parkway office building in Houston. As of June 8, the REIT had sold nine of its 11 properties and expects to complete its liquidation plan by Dec. 31. T REIT's adviser and operational manager is Triple Net Properties LLC, Santa Ana, which can be found on the Web at http://www.1031nnn.com.
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