Insurance Requirements:

Standard "additional insured" language is represented in the following example:
Crossroads Towne Center, Phase I (NEC Gilbert & Germann) Vestar Arizona XXXII, LLC, Bank One, and Layton Construction co. are named as additional insureds as their interests may appear, excluding worker's compensation. Crossroads Gilbert example

Canyon Trails Towne Center
Phase I (NEC Cotton Lane & Yuma Road)
Vestar XLIII, L.L.C.

        Wachovia Bank, N.A.
        Mail Code AZ-1400
        16435 N. Scottsdale Road
        Suite 200
        Scottsdale, AZ 85254

        Adolfson & Peterson
        5002 S. Ash Ave.
        Tempe, Arizona 85282-6843
        (480) 343-8755 FAX

Crossroads Towne Center (Gilbert)
Phase I (NEC Gilbert & Germann)
Vestar CTC Phase I, L.L.C.

        Bank One, NA
        201 N. Central Avenue, 20th Floor
        Phoenix, AZ 85004

        Layton Construction Co.
        4646 E. Van Buren, #300
        Phoenix, Arizona 85008
        (602) 840-8646 FAX

Phase II (SEC Gilbert & Germann)
Vestar CTC Gilbert Phase 2, L.L.C

        California Bank and Trust
        2929 N. Central Avenue, Suite 1200
        Phoenix, AZ 85012; and

        Haydon Building Corp
        4640 E. McDowell
        Phoenix, AZ 85008-4508

Crossroads Towne Center  (Chandler)
Phase I (NWC Gilbert & Germann)
Vestar CTC Chandler, L.L.C.

        Haydon Building Corp.
        4640 E. McDowell
        Phoenix, AZ 85008-4508

Desert Ridge Marketplace
Vestar DRM-OPCO, LLC

Gilbert Gateway Towne Center
Phase I (NWC Power & Ray)
Power & Ray, L.L.C.

        California Bank & Trust
        2929 N. Central Avenue, Suite 1200
        Phoenix, AZ 85012

        Adolfson & Peterson
        5002 S. Ash Ave.
        Tempe, Arizona 85282-6843
        (480) 343-8755 FAX

        I.D.I.
        2020 S. McClintock Dr. #109
        Tempe, AZ 85282

Phase II (SWC Power & Ray)
Gilbert Chandler Heights I, L.L.C.

        Wachovia Bank, N.A.
        Mail Code AZ-1400
        16435 N. Scottsdale Road
        Suite 200
        Scottsdale, AZ 85254

        Suft Construction Corp
        1599 E. Orangewood Avenue
        Suite 200
        Phoenix, AZ 85020

Happy Valley Towne Center
Phase I
Vestar Arizona XXXI, LLC and

        Guaranty Bank
        8333 Douglas Avenue, 10th Floor
        Dallas, TX 75225

        Summit Builders Construction Company
        3333 E. Camelback Road, #122
        Phoenix, Arizona 85018
        (602) 840-6897 FAX

Phase II
Vestar Arizona XLVII, LLC

Suft Construction Corp.
1599 E. Orangewood Ave., Suite 200
Phoenix, AZ 85020

Lake Pleasant Towne Center (NWC Lake Pleasant Parkway & Happy Valley Rd.)
Vestar Arizona XLVIII,L.L.C.

        Suft Construction Corp.
        1599 E. Orangewood Avenue
        Suite 200
        Phoenix, AZ 85020
 
        California Bank & Trust
        2929 N. Central Avenue
        Suite 1200
        Phoenix, AZ 85012
       

Las Tiendas Village (Alma School & Queen Creek)
Vestar California XXII, LLC

        Bank of America
        201 E. Washington St.
        22nd Floor
        Phoenix, AZ 85004
 
        Layton Construction Co.
        4646 E. Van Buren St.
        Suite 300
        Phoenix, AZ 85008
       

Oro Valley Marketplace
Vestar OVM, L.L.C.

        JP Morgan Chase Bank
        Chase Commercial Real Estate
        201 N. Central Avenue
        14th Floor
        Dept. AZ1-1328
        Phoenix AZ 85004
 
        Hunter Contracting Co.
        6930 N Camino North
        Tucson, AZ 85741
       

Queen Creek Marketplace (NEC Rittenhouse & Ellsworth Roads)
Vestar QCM, L.L.C.

        Haydon Building Corp
        4640 E. McDowell
        Phoenix, AZ 85008
 
        Bank of America, N.A.
        201 E. Washington
        22nd Floor
        Phoenix, AZ 85004
       

Sundance Towne Center (SWC I-10 & Watson Rd.)
Vestar Sundance Towne Center, L.L.C.

        Haydon Building Corp
        4640 E. McDowell
        Phoenix, AZ 85008
 
        J.P. Morgan Chase Bank, N.A.
        Mail Code AZ1-1319
        210 N. Central Avenue
        20th Floor
        Phoenix, AZ 85004
       

Tempe Marketplace  (SWC Loop 101 & Loop 202)
Vestar TM-OPCO, L.L.C.

       McCarthy Building Companies
       80 E. Rio Salado Parkway
       Suite 310
       Tempe, Arizona 85281
 
       Adolfson & Peterson
       5002 S. Ash Avenue
       Tempe, AZ  85282
 
       Bank of America, Administrative Agent
       201 W. Washington
       22nd Floor
       AZ1-200-22-17
       Phoenix, AZ  85004-2343
 
       J.P. Morgan Chase Bank, N.A.
       Mail Code AZ1-1319
       210 N. Central Avenue
       20th Floor
       Phoenix, AZ 85004