SOURCE: Dividend Capital Total Realty Trust

September 30, 2011 15:52 ET

Dividend Capital Total Realty Trust Advises Shareholders Not to Take Any Action Until the Board Makes a Recommendation Regarding Tender Offer by Affiliates of MacKenzie Patterson Fuller, LP

DENVER, CO--(Marketwire - Sep 30, 2011) - Dividend Capital Total Realty Trust Inc. ("TRT") today confirmed that certain affiliates of MacKenzie Patterson Fuller, LP (collectively, "MPF") have commenced an unsolicited tender offer to acquire approximately 5% of the outstanding shares of TRT at a price of $5 per share in cash, less the amount of any dividend declared or made from the date of the tender offer to its expiration date. The offer is scheduled to expire on November 21, 2011.

Consistent with its fiduciary duties, TRT's Board of Directors will consider the tender offer and advise TRT shareholders of its recommendation. Such recommendation will be made no later than October 14, 2011, and will be furnished to shareholders and filed with the Securities and Exchange Commission on a solicitation/recommendation statement on Schedule 14D-9.

Shareholders are urged to take no action with respect to the tender offer until TRT's Board of Directors makes its recommendation.

Important Information and Where to Find It

This communication does not constitute an offer to buy or the solicitation of an offer to sell any securities. TRT intends to file a solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer with the Securities and Exchange Commission (the "SEC") no later than October 14, 2011. Shareholders are urged to read the solicitation/recommendation statement and any other documents filed with the SEC when they become available because they will contain important information. Shareholders may obtain a free copy of the solicitation/recommendation statement and other documents (when available) that TRT files with the SEC at the SEC's website at http://www.sec.gov and TRT's website at http://www.totalrealtytrust.com. In addition, the solicitation/recommendation statement and other documents (when available) filed by TRT with the SEC may be obtained from TRT free of charge by writing to TRT, Attn: Investor Relations, 518 17th Street, 17th Floor, Denver, Colorado 80202.

About Dividend Capital Total Realty Trust Inc.

Dividend Capital Total Realty Trust Inc., a Denver-based REIT, invests in a diversified portfolio of commercial real estate assets. As of June 30, 2011, the company owned 101 operating properties totaling approximately 19.2 million net rentable square feet in 31 geographic markets.