Exhibit 99.1
AmeriVest Properties Inc.
1800 Glenarm Place, Suite 500
Denver, Colorado 80202
(303) 297-1800
Facsimile (303) 296-7353
August __, 2000
Dear Shareholder:
We are pleased to present our new Dividend Reinvestment Plan ("Plan"), which
allows you to reinvest the dividends from your AmeriVest Properties Inc. Common
Stock to purchase additional shares of Common Stock more economically and
conveniently than ever before. Shareholders of AmeriVest Common Stock can put
every investment dollar to work by automatically reinvesting their cash
dividends into additional AmeriVest Common Stock at a discount of 3%, without
paying fees.
Please take the opportunity to read the complete details of the Plan in the
attached Brochure and Prospectus. For more information, please contact the
AmeriVest shareholder representatives at UMB Bank, n.a. by calling, toll free,
1-800-884-4225. These representatives will be available to explain the Plan's
features and answer any questions you may have concerning the enrollment
process. You can also contact AmeriVest's Investor Relations office at
303-297-1800 or via e-mail at [email protected].
To participate in the Dividend Reinvestment Plan, please complete the
enclosed Enrollment Authorization Form and return to our transfer agent, UMB
Bank, as soon as possible.
Thank you for your consideration, and I hope that you will choose to take
advantage of the dividend reinvestment opportunities now available in AmeriVest
Properties Inc. Common Stock through this Dividend Reinvestment Plan.
Sincerely,
William T. Atkins
Chairman and Chief Executive Officer
