##### Table of Contents



UNITED STATES
 SECURITIES AND EXCHANGE
    COMMISSION
 Washington, D.C.
    20549
      FORM 10-Q
   þ

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
    OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended
    September 30, 2006oro

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
    OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from
    
    to   Commission File Number: 0-49782
      T REIT, Inc.
 (Exact name of registrant as
    specified in its charter)
   Virginia

52-2140299(State or other jurisdiction
    of
    incorporation or organization)

(I.R.S. Employer
    Identification No.)1551 N. Tustin
    Avenue,
    Suite 200 Santa Ana, California

92705(Address of principal executive
    offices)

(Zip
    Code)    (877) 888-7348
 (Registrants telephone
    number, including area code)
   N/A
 (Former name)
  þ o
  non-accelerated Rule 12b-2
 o o þ
  Rule 12b-2 o þ




---



##### 



T REIT,
    Inc.
    (A Virginia Corporation)
    TABLE OF CONTENTS
  PagePART I 
    FINANCIAL INFORMATIONItem 1.

Financial
    Statements


2Condensed
    Consolidated Statements of Net Assets (Liquidation Basis) as of
    September 30, 2006 (Unaudited) and December 31, 2005
    (Unaudited)


2Condensed
    Consolidated Statements of Changes in Net Assets (Liquidation
    Basis) for the Three and Nine Months Ended September 30,
    2006 (Unaudited) and the Period from June 30, 2005 through
    September 30, 2005 (Unaudited)


3Condensed
    Consolidated Statement of Operations and Comprehensive Income
    (Loss) (Going Concern Basis) for the Period from January 1,
    2005 through June 30, 2005 (Unaudited)


4Condensed
    Consolidated Statement of Cash Flows (Going Concern Basis) for
    the Period from January 1, 2005 through June 30, 2005
    (Unaudited)


5Notes to Condensed
    Consolidated Financial Statements (Unaudited)


6Item 2.

Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations


21Item 3.

Quantitative and
    Qualitative Disclosures About Market Risk


30Item 4.

Controls and
    Procedures


30PART II 
    OTHER INFORMATIONItem 1.

Legal
    Proceedings


31Item 1A.

Risk
    Factors


32Item 2.

Unregistered Sales
    of Equity Securities and Use of Proceeds


33Item 3.

Defaults Upon
    Senior Securities


33Item 4.

Submission of
    Matters to a Vote of Security Holders


33Item 5.

Other
    Information


33Item 6.

Exhibits


33Signatures


34EXHIBIT 31.1EXHIBIT 31.2EXHIBIT 32.1EXHIBIT 32.2   1




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##### Table of Contents



PART I 
    FINANCIAL INFORMATION  Item 1.
    Financial
    Statements  T REIT,
    INC.
  CONDENSED CONSOLIDATED STATEMENTS OF NET
    ASSETS
 (Liquidation Basis)
 As of September 30, 2006 (Unaudited) and
    December 31, 2005 (Unaudited)
  September 30,


December 31,2006


2005ASSETSReal estate investments:Real estate held for sale

$



$
25,075,000Investments in unconsolidated real
    estate


6,452,000



11,710,0006,452,000



36,785,000Cash and cash equivalents


1,809,000



3,575,000Restricted cash


240,000



1,111,000Investment in marketable securities






1,924,000Accounts receivable, net


3,000



1,675,000Accounts receivable from related
    parties


58,000



223,000Notes receivable


554,000



2,762,000Asset for estimated receipts in
    excess of estimated costs during liquidation


140,000



267,000Total assets


9,256,000



48,322,000LIABILITIESMortgages payable secured by
    properties held for sale and other debt






15,464,000Accounts payable and accrued
    liabilities


40,000



233,000Security deposits and prepaid rent






96,000Total liabilities


40,000



15,793,000Commitments and contingencies
    (Note 12)Net assets in liquidation

$
9,216,000


$
32,529,000    2




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##### Table of Contents



T REIT,
    INC.
  CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN
    NET ASSETS
 (Liquidation Basis)
 For the Three and Nine Months Ended September 30, 2006
    (Unaudited) and
 the Period from June 30, 2005 through September 30,
    2005 (Unaudited)
  Period fromThree Months


Nine Months


June 30, 2005Ended


Ended


ThroughSeptember 30,


September 30,


September 30,2006


2006


2005Net assets in liquidation,
    beginning of period

$
27,034,000


$
32,529,000


$
47,953,000Changes in net assets in
    liquidation:Changes to asset (reserve) for
    estimated receipts (costs) in excess of estimated costs
    (receipts) during liquidation:Operating loss (income)


75,000



(752,000
)


(713,000
)Distributions received from
    unconsolidated properties


(161,000
)


(796,000
)


(275,000
)Payments of liquidation costs and
    other amounts


432,000



1,835,000



475,000Change in estimated receipts
    (costs) in excess of estimated costs (receipts) during
    liquidation


152,000



(414,000
)


(422,000
)Changes to asset (reserve) for
    estimated receipts (costs) in excess of estimated costs
    (receipts) during liquidation


498,000



(127,000
)


(935,000
)Change in fair value of assets and
    liabilities:Change in fair value of marketable
    securities


29,000



(116,000
)


(67,000
)Change in fair value of real
    estate investments


1,000



7,217,000



511,000Change in assets and liabilities
    due to activity in asset (reserve) for estimated receipts
    (costs) in excess of estimated costs (receipts) during
    liquidation


(346,000
)


(287,000
)


513,000Net (decrease) increase in fair
    value


(316,000
)


6,814,000



957,000Liquidating distributions to
    shareholders


(18,000,000
)


(30,000,000
)


(17,995,000
)Change in net assets in
    liquidation


(17,818,000
)


(23,313,000
)


(17,973,000
)Net assets in liquidation, end
    of period

$
9,216,000


$
9,216,000


$
29,980,000    3




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##### Table of Contents



T REIT,
    INC.
  CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

AND COMPREHENSIVE INCOME (LOSS)

(Going Concern Basis)

For the Period from January 1, 2005 through
    June 30, 2005 (Unaudited)  Expenses:General and administrative

$
1,013,000Operating loss


(1,013,000
)Other income (expense):Other income


52,000Interest expense (including
    amortization of deferred financing costs)


(44,000
)Interest and dividend income


233,000Gain on sale of marketable
    securities


126,000Gain on sale of unconsolidated
    real estate investments


191,000Equity in earnings of
    unconsolidated real estate


787,000Income from continuing operations


332,000Discontinued operations:Loss from discontinued operations


(272,000
)Net income

$
60,000Comprehensive income (loss):Net income

$
60,000Unrealized income (loss) on
    marketable securities


(24,000
)Comprehensive income

$
36,000Net income (loss) per common share:Continuing operations 
    basic and diluted

$
0.07Discontinued
    operations  basic and diluted


(0.06
)Total net income per common
    share  basic and diluted

$
0.01Weighted average shares of common
    stock outstanding  basic and diluted


4,605,000    4




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##### Table of Contents



T REIT,
    INC.
 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

(Going Concern Basis)

For the Period from January 1, 2005 through
    June 30, 2005 (Unaudited)  CASH FLOWS FROM OPERATING
    ACTIVITIESNet income

$
60,000Adjustments to reconcile net
    income to net cash provided by operating activitiesDistributions received in excess
    of equity in earnings of unconsolidated real estate


706,000Gain on sale of unconsolidated
    real estate investments


(191,000
)Gain on sale of marketable
    securities


(126,000
)Depreciation and amortization


1,237,000Stock based compensation expense


64,000Minority interests


(124,000
)Change in operating assets and
    liabilities:Accounts receivable


(83,000
)Accounts receivable/payable
    from/to related parties


(617,000
)Other assets


188,000Accounts payable and accrued
    liabilities


(440,000
)Security deposits and prepaid rent


209,000Net cash provided by operating
    activities


883,000CASH FLOWS FROM INVESTING
    ACTIVITIESPurchase of marketable securities


(6,101,000
)Proceeds from sale of marketable
    securities


4,909,000Proceeds from sale of
    unconsolidated real estate


603,000Restricted cash


310,000Capital expenditures


(3,000
)Collections of notes receivable


531,000Net cash provided by investing
    activities


249,000CASH FLOWS FROM FINANCING
    ACTIVITIESPrincipal payments on mortgages
    payable


(33,000
)Distributions paid


(1,910,000
)Distributions to minority
    shareholders


(91,000
)Repurchase of shares


(87,000
)Net cash used in financing
    activities


(2,121,000
)NET DECREASE IN CASH AND CASH
    EQUIVALENTS


(989,000
)CASH AND CASH
    EQUIVALENTS  beginning of period


7,229,000CASH AND CASH
    EQUIVALENTS  end of period

$
6,240,000SUPPLEMENTAL DISCLOSURE OF CASH
    FLOW INFORMATIONCash paid during the period for:Interest

$
638,000Income taxes

$
3,000    5




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
 (Unaudited)
  1.
    Organization
    and Description of Business    day-to-day month-to-month
  2.
    Plan of
    Liquidation       6




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    3.
    Summary
    of Significant Accounting Policies  Interim
    Financial Data
  Form 10-K,
  Principles
    of Consolidation
  Consolidation of Variable Interest Entities
  Segments
    Recently
    Issued Accounting Pronouncements
  Accounting for Uncertainty in Income Taxes two-step
 7




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Fair Value
    Measurement
  Considering the Effects of Prior Year
    Misstatements When Quantifying Current Year Misstatements
  4.
    Asset for
    Estimated Receipts in Excess of Estimated Costs During
    Liquidation   8




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    December 31,


Cash Payments


Change in


September 30,2005


and (Receipts)


Estimates


2006Assets:Estimated net inflows from
    consolidated and unconsolidated operating activities

$
2,634,000


$
(1,548,000
)

$
141,000


$
1,227,000Liabilities:Liquidation costs


(1,151,000
)


957,000



(893,000
)


(1,087,000
)Other (capital expenditures)


(1,216,000
)


878,000



338,000



(2,367,000
)


1,835,000



(555,000
)


(1,087,000
)Total asset for estimated receipts
    in excess of estimated costs during liquidation

$
267,000


$
287,000


$
(414,000
)

$
140,000   5.
    Net
    Assets in Liquidation        6.
    Real
    Estate Investments    Investments
    in Unconsolidated Real Estate
  tenant-in-common,
 9




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Period fromJanuary 1, 2005ThroughJune 30, 2005Revenues

$
22,380,000Rental and other expenses


19,817,000Net income

$
2,563,000Our equity in earnings

$
787,000   Dispositions
    in 2006
           10




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
      7.
    Investment
    in Marketable Securities    8.
    Notes Receivable    25-year
 11




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  9.
    Mortgages
    Payable and Other Debt    September 30,


December 31,2006


2005Note payable to a mortgage
    company, secured by a deed of trust, rate per annum equal to an
    initial benchmark floor rate of 3.00% based on the
    10-year
    Treasury note plus 2.25% and matures January 1, 2008. As of
    December 31, 2005 the interest rate was 5.25% per
    annum. Equal principal and interest payments of $24,000 were
    payable monthly until repaid in full. The note was repaid in
    full on January 31, 2006

$



$
4,214,000Note payable to a bank, secured by
    a first deed of trust, monthly interest-only through
    February 15, 2006 and thereafter, principal and interest
    payments through the maturity date of January 20, 2007 at
    the prime rate plus 1.07%, subject to a floor of 5.50% per
    annum. The interest rate as of December 31, 2005 was
    8.00% per annum. The note was repaid in full on
    June 15, 2006






15,000,000Total mortgages payable






19,214,000Less: minority interest share of
    mortgages payable






3,750,000Mortgages payable (liquidation
    basis)

$



$
15,464,000     Other
    Debt
    10.
    Shareholders
    Equity  Share
    Repurchase Program
   12




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  Stock
    Option Plans
    11.
    Advisory
    Fees and Other Related Party Transactions  Advisory
    Agreement
  Advisory
    Fees
  month-to-month day-to-day
    Property
    Management Fees
    Real
    Estate Disposition Fees
   13




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Compensation
    for Services
    Incentive
    Distributions
    Incentive
    Bonuses and Milestone Payments
      Related
    Party Accounts Receivable
     14




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T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  12.
    Commitments
    and Contingencies  SEC
    Investigation
  In the matter of Triple Net Properties, LLC.
  and/or Accounting for Contingencies.
  Prior
    Performance Tables
    Unconsolidated
    Debt
   15




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    As of September 30, 2006


As of December 31, 2005Mortgage and


T REIT, Inc.s


Mortgage and


T REIT, Inc.sOwnership


Other Debt


Portion of


Other Debt


Portion ofProperty

Percentage


Balance


Debt


Balance


DebtReno Trademark
    Building  TIC


40.0
%

$



$



$
4,449,000


$
1,780,000Titan Building &
    Plaza  TIC


48.5











5,900,000



2,861,000Congress Center  LLC


10.3



97,500,000



9,962,000



97,500,000



9,962,000Enclave Parkway  LLC


3.3



22,752,000



741,000



23,000,000



749,000Oakey Building  LLC


9.8











8,757,000



855,000Total





$
120,252,000


$
10,703,000


$
139,606,000


$
16,207,000           Litigation
   16




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
  T REIT-Seguin, and/or
    Environmental
    Matters
    Leases
    Other
    13.
    Discontinued
    Operations  Property Held for Sale  Accounting for the Impairment or
    Disposal of Long Lived Assets
 17




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Period fromJanuary 1, 2005ThroughJune 30,2005Rental income

$
2,248,000Rental expenses


943,000Depreciation and amortization


1,035,000Other (income)


(9,000
)Interest expense (including
    amortization of deferred financing fees)


675,000Minority interest


(124,000
)Loss from discontinued operations

$
(272,000
)   14.
    Minority
    Interests    15.
    Concentration
    of Credit Risk        2006


Percentage of




Square


LeaseAnnual


2006 Annual




Footage


ExpirationTenant

Base Rent (*)


Base Rent


Property

(Approximately)


DateHomeland Security

$
3,344,000



19.7
%

Congress Center


76,000



April 2012North American Co. Life and Health
    Ins


2,320,000



13.7


Congress Center


101,000



Feb. 2012Akzo Nobel, Inc.


1,994,000



11.7


Congress Center


90,000



Dec. 2013  18




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    *
    
    Annualized rental income is based on contractual base rent set
    forth in leases in effect as of September 30, 2006.    2005


Percentage of







LeaseAnnual


2005 Annual




Square


ExpirationTenant

Base Rent (*)


Base Rent


Property

Footage


DateNetsolve, Inc.

$
1,112,000



41.1
%

AmberOaks


78,000



April 2007Newell Rubbermaid, Inc.


493,000



18.2


AmberOaks


51,000



April 2007General Services Administration


327,000



12.1


University Heights


21,000



Nov. 2015     *
    
    Annualized rental income is based on contractual base rent set
    forth in leases in effect as of September 30, 2005.  16.
    Per Share
    Data  Earnings Per Share. anti-dilutive.
    Period fromJanuary 1, 2005ThroughJune 30,2005Net income from continuing
    operations

$
332,000Net income (loss) from
    discontinued operations


(272,000
)Net income

$
60,000Net income (loss) per share:Continuing operations 
    basic and diluted

$
0.07Discontinued
    operations  basic and diluted


(0.06
)Total net income per
    share  basic and diluted

$
0.01Weighted-average number of shares
    outstanding  basic and diluted


4,605,000   17.
    Stock
    Based Compensation  Accounting for
    Stock-Based
    Compensation Accounting for
    Stock-Based Compensation Transition and Disclosure Accounting for Stock Issued to Employees
 19




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##### Table of Contents



T REIT,
    INC.
  NOTES TO
    CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS  (Continued)
    Period fromJanuary 1, 2005ThroughJune 30,2005Reported net income

$
60,000Add: Stock based employee
    compensation expense included in reported net income


64,000Less: Total stock based employee
    compensation expense determined under a fair value based method
    for all awards


(83,000
)Pro forma net income

$
41,000Reported net income per
    share  basic and diluted

$
0.01Pro forma net income per
    share  basic and diluted

$
0.01     Expected life

8.2 yearsRisk-free interest based on the
    10-year
    U.S. Treasury Bond

4.22%Expected dividend yield

8.25%Expected volatility

10.0%   18.
    Subsequent
    Event   20




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##### Table of Contents



Item 2.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations    Form 10-Q.
  Forward-Looking
    Statements
    Overview
    and Background
     21




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##### Table of Contents



day-to-day month-to-month
























Critical
    Accounting Policies




Form 10-K,




Interim
    Financial Data






22



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##### Table of Contents



Form 10-K,




Recently
    Issued Accounting Pronouncements




Accounting for
    Uncertainty in Income Taxes two-step




Fair Value
    Measurement




Considering the Effects of Prior Year
    Misstatements When Quantifying Current Year Misstatements




Dispositions
    in 2006










23



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##### Table of Contents























Factors
    Which May Influence Results of Operations




Rental
    Income






24



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##### Table of Contents



Scheduled
    Lease Expirations
    Sarbanes-Oxley
    Act
  and/or
  Changes
    in Net Assets in Liquidation
  Three
    and Nine Months Ended September 30, 2006
      Liquidity
    and Capital Resources
    Current
    Sources of Capital and Liquidity
  and/or
   25




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##### Table of Contents



Other
    Liquidity Needs
               26




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##### Table of Contents



Capital
    Resources
  General
    leasing-related
    Financing
        Unconsolidated
    Debt
   27




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##### Table of Contents



As of September 30, 2006


As of December 31, 2005Mortgage and


T REIT, Inc.s


Mortgage and


T REIT, Inc.sOwnership


Other Debt


Portion of


Other Debt


Portion ofProperty

Percentage


Balance


Debt


Balance


DebtReno Trademark
    Building  TIC


40.0
%

$



$



$
4,449,000


$
1,780,000Titan Building &
    Plaza  TIC


48.5











5,900,000



2,861,000Congress Center  LLC


10.3



97,500,000



9,962,000



97,500,000



9,962,000Enclave Parkway  LLC


3.3



22,752,000



741,000



23,000,000



749,000Oakey Building  LLC


9.8











8,757,000



855,000Total





$
120,252,000


$
10,703,000


$
139,606,000


$
16,207,000           REIT
    Requirements
    Contractual
    Obligations
    Off-Balance
    Sheet Arrangements
    SEC
    Investigation
  In the matter of Triple Net Properties, LLC.
   28




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##### Table of Contents



and/or Accounting for Contingencies.
  Inflation
    Subsequent
    Event
    Funds
    from Operations
       29




---



##### Table of Contents



Period fromJanuary 1, 2005ThroughJune 30, 2005Net income

$
60,000Add:Depreciation and
    amortization  discontinued operations


1,026,000Depreciation and
    amortization  unconsolidated real estate operating
    properties


430,000Less:Gain on sale of property


Funds from operations

$
1,516,000Weighted-average common shares
    outstanding  basic and diluted


4,605,000Gain on sale of investments
    included in net income and FFO

$
317,000   Item 3.
    Quantitative
    and Qualitative Disclosures About Market Risk  Form 10-K
    Item 4.
    Controls
    and Procedures  Evaluation of disclosure controls and
    procedures.
  Form 10-Q Rules 13a-14(a) 15d-14(a) Form 10-Q
  Rules 13a-15(e) 15d-15(e)
   30




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Changes in internal control over financial
    reporting. Rules 13a-15(f) 15d-15(f)
 PART II 
    OTHER INFORMATION  Item 1.
    Legal
    Proceedings    SEC
    Investigation
  In the matter of Triple Net Properties,
    LLC.
  and/or Accounting for
    Contingencies.
  Prior
    Performance Tables
   31




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##### Table of Contents



Litigation
    T REIT-Seguin, and/or
    Item 1A.
    Risk
    Factors  Form 10-K,
  Dramatic
    increases in insurance rates could adversely affect our cash
    flow and our ability to make liquidating distributions to our
    shareholders pursuant to our plan of liquidation.
   32




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The
    pending SEC investigation of our Advisor could adversely impact
    our Advisors ability to perform its duties to us which
    could negatively impact our ability to pay
    distributions.
  In the
    matter of Triple Net Properties, LLC.
  and/or
  Item 2.
    Unregistered
    Sales of Equity Securities and Use of Proceeds    Item 3.
    Defaults
    Upon Senior Securities    Item 4.
    Submission
    of Matters to a Vote of Security Holders    Item 5.
    Other
    Information    Item 6.
    Exhibits   33




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##### Table of Contents



SIGNATURES       By:
    /s/  Jack
    R. Maurer   Chief Executive Officer
 (principal executive officer)
  By:
    /s/  Scott
    D. Peters   Chief Financial Officer
 (principal financial officer)
   34




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##### Table of Contents



EXHIBIT INDEX
  Regulation S-K,
  Form 10-Q Regulation S-K).
  2
.1

T REIT, Inc. Plan of Liquidation
    and Dissolution, as approved by stockholders on July 27,
    2005 and as currently in effect (included as Exhibit A to
    the Companys Definitive Proxy Statement for the Annual
    Meeting of Shareholders filed on June 15, 2005 and
    incorporated herein by reference)3
.1

Articles of Incorporation of the
    Company (included as Exhibit 3.1 to the Companys
    Registration Statement on
    Form S-11
    filed on April 28, 1999 (File
    No. 333-77229)
    and incorporated herein by reference)3
.2

Form of Amended and Restated
    Articles of Incorporation of the Company (included as
    Exhibit 3.2 to Amendment No. 3 to the Companys
    Registration Statement on
    Form S-11
    filed on November 22, 1999 (File
    No. 333-77229)
    and incorporated herein by reference)3
.3

Form of By-Laws of the Company
    (included as Exhibit 3.3 to the Companys Registration
    Statement on
    Form S-11
    filed on April 28, 1999 (File
    No. 333-77229)
    and incorporated herein by reference)3
.4

Form of Amended By-Laws of the
    Company (included as Exhibit 3.4 to Post-Effective
    Amendment No. 2 to the Companys Registration
    Statement on
    Form S-11
    filed on July 17, 2001 (File
    No. 333-77229)
    and incorporated herein by reference)10
.1

Form of Agreement of Limited
    Partnership of T REIT, L.P. (included as Exhibit 10.1 to
    Amendment No. 2 to the Companys Registration Statement on
    Form S-11
    filed on October 13, 1999 (File
    No. 333-77229)
    and incorporated herein by reference)10
.2

Advisory Agreement between the
    Company and our Advisor (included as Exhibit 10.5 to
    Amendment No. 2 to the Companys Registration Statement on
    Form S-11
    filed on October 13, 1999 (File
    No. 333-77229)
    and incorporated herein by reference)10
.3

First Amendment to Advisory
    Agreement between the Company and our Advisor (included as
    Exhibit 10.10 to Post-Effective Amendment No. 1 to the
    Companys Registration Statement filed on
    Form S-11
    on July 17, 2001 (File
    No. 333-772229)
    and incorporated herein by reference)10
.4

Agreement for Purchase and Sale of
    Real Property and Escrow Instructions between TREIT-Titan Plaza,
    L.P., et al and Chase Merritt, L.P., dated June 7,
    2006 (included as Exhibit 10.1 to the
    Form 8-K
    filed by the Company on June 9, 2006 and incorporated
    herein by reference)10
.5

First Amendment to Agreement for
    Purchase and Sale of Real Property and Escrow Instructions
    between TREIT-Titan Plaza L.P. et al and Chase Merritt
    Titan L.P., dated June 30, 2006 (included as
    Exhibit 10.1 to the
    Form 8-K
    filed by the Company on July 11, 2006 and incorporated
    herein by reference)31
.1*

Certification of Chief Executive
    Officer, pursuant to Section 302 of the Sarbanes-Oxley Act
    of 200231
.2*

Certification of Chief Financial
    Officer, pursuant to Section 302 of the Sarbanes-Oxley Act
    of 200232
.1*

Certification of Chief Executive
    Officer, pursuant to 18 U.S.C. Section 1350, as
    created by Section 906 of the Sarbanes-Oxley Act of 200232
.2*

Certification of Chief Financial
    Officer, pursuant to 18 U.S.C. Section 1350, as
    created by Section 906 of the Sarbanes-Oxley Act of 2002     *
    
    Filed herewith. 35