Retrocom Mid-Market Real Estate Investment Trust Redeems 7.50% Convertible Unsecured Subordinated Debentures

TORONTO, ONTARIO--(Marketwire - Aug. 2, 2011) -

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Retrocom Mid-Market Real Estate Investment Trust ("Retrocom") (TSX:RMM.UN) announced today that it has completed the early redemption of all of its 7.50% convertible unsecured subordinated debentures (the "7.50% Debentures").

Retrocom redeemed $20,000,000 aggregate principal amount of the 7.50% Debentures, originally due July 31, 2012. The redemption price of $1,000.41 for each $1,000 principal amount of 7.50% Debentures will be payable upon presentation and surrender of the 7.50% Debentures called for redemption at the corporate trust office of BNY Trust Company of Canada, Attention: Operations Department, 320 Bay Street, 11^th Floor, Toronto, Ontario, M5H 4A6.

About Retrocom Mid-Market REIT

Retrocom Mid-Market REIT is an Ontario unincorporated, open-end real estate investment trust which focuses on owning and acquiring community-based commercial properties in primary and secondary markets across Canada with the objective of producing a geographically diversified portfolio of properties with stable and growing cash flows.