• 13.6 million square feet of space in 116 primarily class A office and office/flex properties
  • 5.2 million square feet of space in 75 primarily class A office, office/flex and industrial/warehouse properties
  • 1.5 million square feet of space in 13 class A office properties
  • 495,000 square feet in three CBD class A office properties
  • Dominant market share
  • State's largest owner of class A office space
  • Prime locations/diverse submarkets
  • Product diversity -- office and office/flex space
  • Broad-based tenancy
  • Good highway access to properties
  • Significant barriers to entry
  • Dominant market share
  • Prime locations/diverse submarkets
  • Product diversity -- office, office/flex and industrial space
  • Broad-based tenancy
  • Industry diversity
  • Good highway access to properties
  • Significant barriers to entry
  • High-quality office assets
  • Broad-based tenancy
  • Good highway access to properties
  • Lowest vacancy rate of major U.S. markets
  • Rising rents
  • Well-located, high--quality properties
  • Little new construction
  • High barriers to entry
  • Strong local economy
  • Strong tenant base
  • Land for potential development of 7 million square feet
  • Low class A vacancy rates
  • Little new construction
  • Rising rents
  • Benefited by tightness of New York City office market
  • Strong regional economy
  • Country's fifth largest office market offers abundant acquisition opportunities
  • Land for potential development of 733,000 square feet
  • Little new construction
  • Rising rents
  • Potential for acquisitions
  • Benefited by tightness of New York City office market
  • Land near Philadelphia airport for potential development of 135,000 square feet
  • Low vacancies
  • Moderate new construction
  • Rising rents
  • Strong economy
  • Potential for acquisitions
  • Leases in place with below market rents