Retrocom Mid-Market REIT Announces New Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - Oct. 19, 2011) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY NON-CANADIAN SOURCE

Retrocom Mid-Market Real Estate Investment Trust (the "REIT") (TSX:RMM.UN) is pleased to announce the appointment of Mr. Tom Wenner as its new Chief Financial Officer, effective October 18, 2011.

Most recently, Mr. Wenner was the Chief Financial Officer of Allied Properties Real Estate Investment Trust. Prior to this, he was Vice President, Finance of Allied Canadian Development Corporation, and also held progressive management positions with The Bank of Nova Scotia and Deloitte. Mr. Wenner obtained his Chartered Accountancy designation in 1991 and holds a Bachelor of Commerce from the University of Saskatchewan.

"We welcome Tom to our management team and are very pleased to have secured a candidate of his stature and experience. His leadership and knowledge will help the REIT execute its strategic plan," said Richard Michaeloff, Chief Executive Officer of the REIT.

About Retrocom Mid-Market REIT

Retrocom Mid-Market REIT is an Ontario unincorporated open-end real estate investment trust which focuses on owning and acquiring community-based commercial properties in primary and secondary cities across Canada with the objective of producing a geographically diversified portfolio of properties with stable and growing cash flows.