TACOMA, WA--(Marketwire - January 30, 2009) - Cascadia Investments, Inc. (PINKSHEETS: CDIV) announced today its planned purchase of a triplex located at 708 South Yakima, Tacoma, WA. The agreed purchase price based on its current assessed value is $210,800 and the related party sale is expected to close within the next sixty days. Currently, the apartment building's two 2-bedroom units and one 1-bedroom unit generate an annual rental income of approximately $24,000.

In announcing this latest acquisition, Nazir Maherali, CEO and President of Cascadia Investments, Inc., stated, "Our main focus is to continue increasing shareholder value. We feel that the current environment of low interest rates bodes well for our real estate market and the experts seem to agree."

Bruce Williams, CEO of HomeStreet Bank believes, "The story in 2009 will be the turnaround in the housing market; there's a chance we may see it begin in the first quarter if rates stay low."

And, Matthew Gardner, a principal in the Seattle land-use economics firm Gardner Johnson, predicts the Northwest real estate market will be "V-shaped" this coming year. "We're in a crisis of confidence as much as anything else. If we start seeing confidence coming back, I think we'll be one of the forerunners [in housing recovery]."

About Cascadia Investments, Inc.

Cascadia Investments, Inc. (PINKSHEETS: CDIV) is a publicly traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.

Free Trading Float 22,025,550; Shares Restricted 97,375,000; Outstanding Shares 119,400,500; Authorized Shares 200,000,000

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.