Development Results
Transferred to REO Since 2001

Property Market
Square Feet
2010
Oak Creek IX Tampa, FL
86,000
Blue Heron III West Palm Beach, FL
20,000
Beltway Crossing VII Houston, TX
95,000
Country Club III & IV Tucson, AZ
138,000
Total transferred to the portfolio in 2010  

339,000


2009
Oak Creek VI Tampa, FL
89,000
Southridge VIII Orlando, FL
91,000
Beltway Crossing VI Houston, TX
128,000
Wetmore II, Building B San Antonio, TX
55,000
Sky Harbor Phoenix, AZ
264,000
Techway Southwest IV Houston, TX
94,000
40th Avenue Phoenix, AZ
89,000
World Houston 26 Houston, TX
59,000
World Houston 28 Houston, TX
59,000
SunCoast Commerce Center III Fort Myers, FL
93,000
World Houston 29 Houston, TX
70,000
12th Street Distribution Jacksonville, FL
150,000
Total transferred to the portfolio in 2009  

1,241,000


2008
Wetmore II, Building C San Antonio, TX
69,000
Arion 18 San Antonio, TX
20,000
Interstate Commons III Phoenix, AZ
38,000
Oak Creek A & B Tampa, FL
35,000
Southridge VII Orlando, FL
92,000
SunCoast Commerce Center I Fort Myers, FL
63,000
World Houston 24 Houston, TX
93,000
World Houston 25 Houston, TX
66,000
World Houston 27 Houston, TX
92,000
Beltway Crossing V Houston, TX
83,000
Wetmore II, Building A San Antonio, TX
34,000
Beltway Crossing III & IV Houston, TX
110,000
Wetmore II, Building D San Antonio, TX
124,000
Southridge XII Orlando, FL
404,000
Centennial Park Distribution Center Centennial, CO
68,000
Total transferred to the portfolio in 2008  

1,391,000


2007
SunCoast II Fort Myers, FL
63,000
Beltway II Houston, TX
50,000
World Houston 15 Houston, TX
63,000
Santan 10 II Chandler, AZ
85,000
Arion 17 San Antonio, TX
40,000
Oak Creek III Tampa, FL
61,000
Southridge II Orlando, FL
41,000
Southridge III Orlando, FL
81,000
Castillian Research Center Santa Barbara, CA
37,000
Southridge VI Orlando, FL
81,000
World Houston 22 Houston, TX
68,000
Oak Creek V Tampa, FL
100,000
World Houston 23 Houston, TX
125,000
Arion 16 San Antonio, TX
64,000
Total transferred to the portfolio in 2007  

959,000


2006
Executive Airport Commerce Center II Fort Lauderdale, FL
55,000
Southridge I Orlando, FL
41,000
Southridge V Orlando, FL
70,000
Sunport Center VI Orlando, FL
63,000
Palm River South II Tampa, FL
82,000
Techway Southwest III Houston, TX
100,000
World Houston 21 Houston, TX
68,000
Southridge IV Orlando, FL
70,000
Arion 14 San Antonio, TX
66,000
Total transferred to the portfolio in 2006  

615,000


2005
Santan 10 Distribution Center Chandler, AZ
65,000
Sunport Center V Orlando, FL
63,000
World Houston 16 Houston, TX
94,000
Palm River South I Tampa, FL
79,000
Total transferred to the portfolio in 2005  

301,000


2004
World Houston 17 Houston, TX
66,000
World Houston 19 Houston, TX
66,000
World Houston 20 Houston, TX
62,000
Executive Airport Commerce Center I & III Fort Lauderdale, FL
85,000
Expressway Commerce Center Tampa, FL
103,000
Sunport IV Orlando, FL
63,000
Techway Southwest II Houston, TX
94,000
Total transferred to the portfolio in 2004  

539,000


2003
Metro Airport Commerce Center I Jackson, MS
32,000
Chamberlain Expansion Tucson, AZ
34,000
World Houston 14 Houston, TX
77,000
Americas 10 Business Center El Paso, TX
97,000
Total transferred to the portfolio in 2003  

240,000


2002
Tower Automotive Madison, MS
210,000
Kyrene Distribution Center II Tempe, AZ
60,000
Walden Distribution Center I Plant City, FL
90,000
Techway Southwest I Houston, TX
126,000
World Houston 13 Houston, TX
51,000
World Houston 12 Houston, TX
59,000
Sunport Center III Orlando, FL
66,000
Total transferred to the portfolio in 2002  

662,000


2001
Interstate Commons II Phoenix, AZ
59,000
Palm River North I & III Tampa, FL
116,000
Westlake II Tampa, FL
70,000
Beach Commerce Center Jacksonville, FL
46,000
World Houston 11 Houston, TX
129,000
Glenmont II Houston, TX
104,000
Sunport I & II Orlando, FL
116,000
Total transferred to the portfolio in 2001  

640,000


SunCoast Commerce Center III Fort Myers, FL
93,000
Total transferred to the portfolio in  

93,000


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