Wednesday, September 1, 2010

Mid-America Apartment Communities, Inc. Announces Dallas Acquisition La Valencia at Starwood

MEMPHIS, TN /PRNewswire-FirstCall/ -- Mid-America Apartment Communities, Inc. (NYSE:MAA) has completed the acquisition of La Valencia at Starwood (top left photo), a newly developed upscale 270-unit apartment community located in the Dallas/Ft. Worth MSA.

La Valencia at Starwood is a gated community completed in 2009 located in the master planned development of Starwood, in the north Dallas sub-market of Frisco.

The upscale community offers high-end amenities including a resort-style pool, state-of-the-art fitness center and direct-access garages. The large apartment homes, averaging 992 square feet, feature nine-foot ceilings, wood flooring and custom pre-wiring for flat panel TVs and surround sound systems.

The community is the first fully certified ENERGY STAR community in North Texas.

Commenting on the announcement, Al Campbell, EVP and CFO said, "We are excited to be adding a community in the highly desirable Frisco sub-market to our Dallas portfolio.

For further details, please refer to our website at http://www.maac.net/
 or contact Investor Relations at investor.relations@maac.net
 or by mail at 6584 Poplar Avenue, Memphis, TN 38138.

Contact:  Investor Relations of Mid-America Apartment Communities, +1-901-682-6600, or investor.relations@maac.net
Web Site: http://www.maac.net/

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