Trade Street Residential Announces Third Quarter 2012 Dividend

        Trade Street Residential Announces Third Quarter 2012 Dividend

PR Newswire

AVENTURA, Fla., Dec. 21, 2012

AVENTURA, Fla., Dec. 21, 2012 /PRNewswire/ --Trade Street Residential, Inc.
(the "Company") today announced that it declared, as authorized by its board
of directors, a cash dividend of $0.000507 per share of its common stock for
the Company's third quarter ended September 30, 2012. The dividend is payable
on December 31, 2012 to stockholders of record as of December 26, 2012.

In addition, the Company declared all dividends that are accumulated, accrued
and unpaid on its Class A preferred stock be set aside for payment, as
required by the terms of the Class A preferred stock in the Company's charter.
Outstanding shares of the Company's Class A preferred stock are entitled to an
annual dividend of $1.00 per share, payable quarterly, accruing from the date
of issuance.

About Trade Street Residential, Inc.

Trade Street Residential, Inc. is a full service, vertically integrated,
self-administered and self-managed real estate investment trust focused on
acquiring, owning, operating and managing conveniently located, garden-style
and mid-rise apartment communities in mid-sized cities and suburban submarkets
of larger cities primarily in the southeastern United States, including
Texas. The Company's common stock is traded on the OTC-Pink market under the
symbol "TSRE."

Forward Looking Statements

Statements included herein that state the Company's or management's
intentions, hopes, beliefs, expectations or predictions of the future are
"forward-looking" statements within the meaning of the federal securities
laws, which by their nature, involve known and unknown risks and
uncertainties. Forward-looking statements speak only as of the dates on which
they are made, and the Company undertakes no obligation to update publicly or
revise any guidance or other forward-looking statement, whether as a result of
new information, future developments, or otherwise.

SOURCE Trade Street Residential, Inc.

Contact: Bert Lopez,, +1-786-248-6030
Press spacebar to pause and continue. Press esc to stop.