Terry D. McNally

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Mr. Terry D.
McNally is Chief Financial Officer at Northland Investment Corp.
Prior to joining Northland, Mr. McNally was a Managing Partner with Taurus Corporate Properties, a Boston-based private real estate investment company.
Prior to Taurus, he was Senior Vice President and CFO of CRT Properties, Inc a $1.7 billion publicly traded REIT in Boca Raton, Florida where he was responsible for financial reporting, bank relations, SEC compliance, insurance and information technology.
He also spent 15 years with Boston Properties, Inc in various financial roles including Vice President and Chief Accounting Officer.
Mr. McNally has a BBA from the University of Notre Dame and an MBA from Suffolk University.
He is a certified public accountant.

Former positions of Terry D. McNally

Companies	Position	End
BXP, INC.	Comptroller/Controller/Auditor	01/01/2002
Northland Investment Corp. Northland Investment Corp. Investment ManagersFinance Northland Investment Corp. specializes in the acquisition, development, operation and long-term ownership of commercial, retail, industrial, multifamily, mixed-use and hospitality properties throughout the East Coast and along the southern tier of the US. Their investment approach involves acquiring real estate assets diversified by markets, sectors and lines of business, and balancing the acquisition of high quality, lower risk assets with higher yielding, valued added assets and development opportunities. Northland has investment and development capabilities in each of the major asset classes throughout the US. They seek opportunities to purchase both stabilized and seemingly troubled, high-vacancy properties. The firm pursues stabilized properties that they believe are underperforming, but that would benefit from improved management/leasing, minor capital improvements, major renovations or recapitalization. Northland also pursues seemingly troubled, high-vacancy properties that offer significant upside through aggressive leasing/management, repositioning, conversion to alternative use or complete redevelopment. The firm participates in acquisitions, joint ventures, sale/leasebacks, preferred equity and mezzanine debt.	Director of Finance/CFO	-
CRT Properties, Inc. CRT Properties, Inc. Real Estate Investment TrustsFinance Provides Real estate investment services	Director of Finance/CFO	-

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Private companies	5
CRT Properties, Inc. CRT Properties, Inc. Real Estate Investment TrustsFinance Provides Real estate investment services	Finance
BXP, Inc. BXP, Inc. Real Estate Investment TrustsFinance Operates as a real estate investment trust which develops, owns and manages office spaces	Finance
University of Notre Dame University of Notre Dame Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Northland Investment Corp. Northland Investment Corp. Investment ManagersFinance Northland Investment Corp. specializes in the acquisition, development, operation and long-term ownership of commercial, retail, industrial, multifamily, mixed-use and hospitality properties throughout the East Coast and along the southern tier of the US. Their investment approach involves acquiring real estate assets diversified by markets, sectors and lines of business, and balancing the acquisition of high quality, lower risk assets with higher yielding, valued added assets and development opportunities. Northland has investment and development capabilities in each of the major asset classes throughout the US. They seek opportunities to purchase both stabilized and seemingly troubled, high-vacancy properties. The firm pursues stabilized properties that they believe are underperforming, but that would benefit from improved management/leasing, minor capital improvements, major renovations or recapitalization. Northland also pursues seemingly troubled, high-vacancy properties that offer significant upside through aggressive leasing/management, repositioning, conversion to alternative use or complete redevelopment. The firm participates in acquisitions, joint ventures, sale/leasebacks, preferred equity and mezzanine debt.	Finance
Suffolk University Suffolk University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services