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Entry into a Material Definitive

On April 4, 2016, Hartman Short Term Income Properties XX, Inc., or the Company, entered into a purchase and sale agreement with Market Place Boulevard, Irving, LLC, for the acquisition of a three story suburban office building located in Irving, Texas and comprising approximately 165,982 square feet. The property is commonly referred to as Westway One. The aggregate purchase price for Westway One is $21,800,000, exclusive of closing costs. The Company intends to finance the acquisition of Westway One with proceeds from its public offering and financing secured by the property.

Westway One is currently 100% occupied by six tenants.

The acquisition of Westway One is subject to...