EXHIBIT 21

Subsidiaries

TNP Strategic Retail Operating Partnership, LP (Delaware)
TNP SRT Moreno Marketplace, LLC (Delaware)
TNP SRT Waianae Mall, LLC (Delaware)
TNP SRT Northgate Plaza Tucson Holdings, LLC (Delaware)
TNP SRT Northgate Plaza Tucson, LLC (Delaware)
TNP SRT San Jacinto, LLC (Delaware)