PEABODY CROSSING, PEABODY, MA
 
Strategy has achieved 22 total sales to date worth approximately
         $5,000,000
Half of the units were closed by June 11th and the other half are
         scheduled to close by June 27th
Realized price points are in-line with estimates established at launch
         of program
Average unit sales price of $227,000 ($193 per sq ft) is 85% of
         average sales prices for prior 2008 conventional sales
 
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