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Commercial Rental Rates page 1 Reggie Middleton's BoomBustBlog.com 02/14/2008

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 2 Reggie Middleton's BoomBustBlog.com 02/14/2008

Disclaimer

Reggie Middleton, LLC’s Boom Bust Blog analysis and conclusions in this presentation are based on publicly available information. Reggie Middleton, LLC recognizes that there may be confidential information in the possession of the Companies discussed in the presentation that could lead these Companies to disagree with Reggie Middleton LLC’s conclusions. The analyses provided may include certain statements, estimates and projections prepared with respect to, among other things, the historical and anticipated operating performance of the Companies. Such statements, estimates, and projections reflect various assumptions by Reggie Middleton, LLC concerning anticipated results that are inherently subject to significant economic, competitive, and other uncertainties and contingencies and have been included solely for illustrative purposes. No representations, express or implied, are made as to the accuracy or completeness of such statements, estimates or projections or with respect to any other materials herein.

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Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 3 Reggie Middleton's BoomBustBlog.com 02/14/2008

Marcus & Millichap Property 1 Property 2

Gross Vacancy Effective Real estate Total Gross Vacancy Effective Real estate Total Gross Real estate Pro Forma Gross Sq Rentable Price per potential Allowances Vacancy gross Real estate Repairs and Management Total Total Gross Rent tax per sq Insurance Repairs per Mgmt fee expenses NOI per sq Pro Forma Gross Sq Rentable Price per potential Allowances Vacancy gross Real estate Total Total Gross Rent tax per sq Insurance Repairs per Mgmt fee expenses NOI per sq Income per Vacancy tax per sq Insurance Repairs per Management Other Total NOI per sq S.no Property City Zip State Zip Asking Price CAP Rate CAP feet sq feet sq feet Income (%) Allowances income tax Insurance maintainance fee expenses NOI Reserves income per sq feet feet per sq feet sq feet per sq feet per sq feet feet Zip Asking Price CAP Rate CAP feet sq feet sq feet Income (%) Allowances income tax Insurance Repairs Mgmt fee expenses NOI Reserves income per sq feet feet per sq feet sq feet per sq feet per sq feet feet Wt 1 Wt 2 sq feet allowance feet per sq feet sq feet expenses expenses expenses feet 1 Century Plaza Birmingham, AL 35210 AL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 2 Hoover,AL 35244 AL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 3 The Pines Pine Bluff, AR 71601 AR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 4 Rogers,AR 72758 AR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 5 Woodlands Village Flagstaff, AZ 86001 AZ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 6 ParkPkWt West PiAZPeoria,AZ 85345 AZ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 7 Center Phoenix, AZ 85004 AZ 85009 $11,750,000 6.88% 8.00% 60,233 60,233 $195 $1,125,658 3.7% $29,319 $1,096,339 $97,734 $13,600 $42,342 $20,252 $288,398 $807,941 $807,941 $18.2 $1.6 $0.2 $0.7 $0.3 $4.8 $13.4 85008 $2,115,000 7.25% 7.25% 9,141 9,141 $231 $192,854 $192,854 $15,527 $1,650 $6,400 $9,000 $39,487 $153,367 $153,367 $21.1 $1.7 $0.2 $0.7 $0.0 $4.3 $16.8 44% 56% $20 3.7% 8.5% 1.0% 3.6% 0.9% 9.3% 23.4% 76.6% 8 Mall At Sierra Vista Sierra Vista, AZ AZ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 9 Tucson, AZ 85705 AZ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 10 Park Place Tucson, AZ 85711 AZ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 11 Anaheim Crossing Anaheim, CA 92668 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 12 Bakersfield, CA 93304 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 13 Burbank Town Center Burbank,CA 91502 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 14 Chico Mall Chico, CA 95928 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 15 Chula Vista,CA 91910 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 16 Chula Vista,CA 91915 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 17 Elk Grove Promenade Elk Grove,CA 95624 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 18 Eureka, CA 95501 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 19 Palladio at Broadstone Folsom,CA 95630 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 20 Glendale,CA 91210 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 21 Southland Mall Hayward, CA 94545 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 22 Montclair Plaza Montclair,CA 91763 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 23 Moreno Valley Mall Moreno Valley,CA 92553 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 24 NewPark Mall Newark,CA 94560 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 25 Northridge Fashion Center Northridge, CA 91324 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 26 Redlands Mall Redlands, CA 92373 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 27 Riverside,CA 92503 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 28 San Francisco, CA 94132 CA 94107 $4,750,000 12.32% 12.32% 16,262 16,262 $292 $649,630 $649,630 $54,198 $10,000 $64,198 $585,432 $585,432 $39.9 $3.3 $0.6 $0.0 $0.0 $3.9 $36.0 94111 $5,040,000 5.46% 5.46% 12,600 12,600 $400 $415,800 5.0% $20,790 $395,010 $56,952 $6,300 $44,100 $9,450 $119,952 $275,058 $275,058 $31.4 $4.5 $0.5 $3.5 $9.5 $21.8 46% 54% $35 5.0% 11.4% 1.6% 5.6% 1.2% 0.4% 20.1% 79.9% 29 San Jose, CA 82609 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 30 Tracy, CA 95304 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 31 Visalia, CA 93277 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 32 Fallbrook Center West Hills, CA 91307 CA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 33 Austin Bluffs Plaza Springs, CO 80918 CO 80129 $1,149,000 7.75% 7.51% 4,820 4,820 $238 $130,696 4.3% $4,003 $126,693 $25,277 $2,409 $5,675 $3,600 $37,684 $89,009 $89,009 $26.3 $5.2 $0.5 $1.2 $0.7 $7.8 $18.5 80123 $996,000 8.10% 8.10% 6,370 6,370 $156 $127,191 5.0% $4,660 $122,531 $21,307 $3,318 $12,680 $4,528 $41,833 $80,698 $80,698 $19.2 $3.3 $0.5 $2.0 $6.6 $12.7 50% 50% $23 4.7% 18.7% 2.3% 7.4% 1.4% 2.1% 31.9% 68.1% 34 Chapel Hills Mall Colorado Springs, CO 80920 CO 80911 $975,000 8.31% 8.31% 5,360 5,360 $182 $81,000 $81,000 $81,000 $81,000 $15.1 80910 $4,275,000 5.49% 8.52% 26,406 26,406 $162 $234,559 $234,559 $234,559 $234,559 $8.9 53% 47% $12 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 35 Fort Collins, CO 80525 CO 80525 $1,265,000 8.26% 8.26% 11,000 11,000 $115 $157,667 5.0% $5,500 $152,167 $28,624 $1,629 $13,564 $3,850 $47,667 $104,500 $104,500 $13.8 $2.6 $0.1 $1.2 $0.4 $4.3 $9.5 80524 $785,000 8.02% 8.02% 8,400 8,400 $93 $87,922 3.5% $2,217 $85,705 $9,042 $1,772 $8,400 $2,217 $22,731 $62,974 $655 $62,319 $10.2 $1.1 $0.2 $1.0 $2.7 $7.5 100% 0% $14 4.3% 14.7% 1.6% 9.4% 1.3% 2.1% 28.9% 71.1% 36 Littleton, CO 80123 CO 80129 $1,149,000 7.75% 7.51% 4,820 4,820 $238 $130,696 4.3% $4,003 $126,693 $25,277 $2,409 $5,675 $3,600 $37,684 $89,009 $89,009 $26.3 $5.2 $0.5 $1.2 $0.7 $7.8 $18.5 80123 $996,000 8.10% 8.10% 6,370 6,370 $156 $127,191 5.0% $4,660 $122,531 $21,307 $3,318 $12,680 $4,528 $41,833 $80,698 $80,698 $19.2 $3.3 $0.5 $2.0 $6.6 $12.7 0% 100% $19 4.7% 18.7% 2.3% 7.4% 1.4% 2.1% 31.9% 68.1% 37 Lone Tree,CO 80124 CO N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 38 Waterbury,CT 6706 CT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 39 Newark,DE 19702 DE N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 40 Altamonte Springs,FL 32701 FL 32714 $7,675,000 6.94% 9.17% 67,689 67,689 $113 $1,263,886 20.3% $247,962 $1,015,924 $106,080 $54,427 $186,316 $30,478 $483,036 $532,888 $16,922 $515,966 $15.0 $1.6 $0.8 $2.8 $0.5 $7.1 $7.9 100% 0% $15 20.3% 10.4% 5.4% 18.3% 3.0% 10.4% 47.5% 52.5% 41 Boca Raton,FL 33432 FL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 42 Regency Square Mall Jacksonville, FL 32225 FL 32207 $2,750,000 7.00% 8.45% 37,554 37,554 $73 $275,462 5.0% $11,928 $263,534 $29,500 $20,000 $4,000 $11,000 $71,000 $192,534 $7,511 $185,023 $7.0 $0.8 $0.5 $0.1 $0.3 $1.9 $5.1 32216 $9,500,000 8.64% 8.69% 65,109 65,109 $146 $1,154,887 5.4% $62,682 $1,092,205 $102,460 $55,000 $69,373 $38,400 $271,744 $820,461 $820,461 $16.8 $1.6 $0.8 $1.1 $4.2 $12.6 33% 67% $14 5.2% 10.3% 6.3% 3.9% 2.1% 3.3% 25.9% 74.1% 43 Eagle Ridge Mall Lake Wales, FL 33859 FL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 44 Lakeland Square Lakeland,FL 33809 FL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 45 Bayside Marketplace Miami, FL 33132 FL 33131 $9,675,000 8.51% 8.51% 84,382 74,820 $115 $1,807,130 10.0% $179,421 $1,627,709 $243,750 $91,500 $387,400 $81,385 $804,035 $823,674 $18,705 $804,969 $19.3 $2.9 $1.1 $4.6 $1.0 $9.5 $9.8 33130 $2,050,000 8.06% 8.35% 11,266 11,266 $182 $255,329 3.0% $5,108 $250,221 $44,202 $16,899 $14,010 $7,150 $85,078 $165,143 $165,143 $22.2 $3.9 $1.5 $1.2 $7.6 $14.7 67% 33% $20 6.5% 16.3% 6.2% 14.7% 2.5% 2.0% 41.7% 58.3% 46 Kendall Town Center Miami,FL 65432 FL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 47 CoastlandCoastland CenterCenter NaplesNaples, FL 34102 FL N/A N/A N/A 10. 9% 92%9.2% 19%1.9% 47%4.7% 12%1.2% 42%4.2% 21. 3% 78.7% 48 Oviedo Marketplace Orlando, FL 32765 FL 32839 $4,700,000 8.01% 9.28% 37,056 37,056 $127 $490,934 3.0% $14,728 $476,206 $40,926 $9,364 $13,450 $36,000 $99,740 $376,466 $7,411 $369,055 $12.9 $1.1 $0.3 $0.4 $1.0 $2.7 $10.2 32809 $3,900,000 9.02% 9.02% 20,893 20,893 $187 $489,574 5.0% $24,479 $465,095 $30,000 $18,000 $37,000 $18,500 $113,500 $351,595 $351,595 $22.3 $1.4 $0.9 $1.8 $5.4 $16.8 37% 63% $19 4.0% 7.5% 2.9% 5.4% 3.8% 3.1% 22.7% 77.3% 49 Festival Bay Mall at International Drive Orlando,FL 32819 FL 32808 $1,900,000 1.68% 10.86% 21,000 21,000 $90 $287,340 66.3% $190,372 $96,968 $20,236 $13,364 $1,690 $2,909 $65,040 $31,928 $2,520 $29,408 $4.6 $1.0 $0.6 $0.1 $0.1 $3.1 $1.5 100% 0% $5 66.3% 20.9% 13.8% 1.7% 3.0% 27.7% 67.1% 32.9% 50 Pembroke Pines,FL 33026 FL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 51 Governor's Square Tallahassee, FL 32301 FL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 52 Alpharetta,GA 30022 GA 30004 $5,066,793 7.00% 18,850 18,850 $269 $430,336 5.0% $18,816 $411,520 $25,025 $5,363 $11,986 $56,845 $354,675 $354,675 $21.8 $1.3 $0.3 $0.0 $0.6 $3.0 $18.8 100% 0% $22 5.0% 6.1% 1.3% 4.7% 2.9% -1.2% 13.8% 86.2% 53 Cumberland Mall Atlanta, GA 30339 GA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 54 Atlanta,GA 30346 GA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 55 Augusta, GA 30909 GA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 56 Columbus, GA 31909 GA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 57 Morrow, GA 30260 GA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 58 Savannah, GA 31406 GA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 59 Prince Kuhio Hilo, HI 96720 HI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 60 Honolulu, HI 96814 HI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 61 Ward Centers Honolulu, HI 96814 HI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 62 Queen Ka'ahumanu Center Kahului,HI 96732 HI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 63 Queens' MarketPlace Waikoloa Beach Resort,HI 96738 HI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 64 Kings' Shops Waikoloa,HI 96738 HI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 65 Coralville, IA 52241 IA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 66 Mall Of The Bluffs Council Bluffs, IA 51503 IA 51501 $4,400,000 6.65% 6.65% 50,340 50,340 $87 $455,477 $455,477 $103,010 $14,599 $25,673 $13,664 $162,946 $292,531 $292,531 $9.0 $2.0 $0.3 $0.5 $0.3 $3.2 $5.8 100% 0% $9 10.9% 22.6% 3.2% 5.6% 3.0% 1.3% 35.8% 64.2% 67 West Des Moines, IA 50266 IA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 68 Boise Plaza Boise, ID 83704 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 69 Boise, ID 83704 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 70 Boise Towne Plaza Boise, ID #N/A ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 71 Coeur d'Alene, ID 83815 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 72 Grand Teton Plaza Falls, ID 0 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 73 Yellowstone Square Idaho Falls, ID 83401 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 74 Idaho Falls, ID 83404 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 75 Alameda Plaza Pocatello, ID 83201 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 76 Pine Ridge Mall Pocatello, ID 83202 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 77 Twin Falls Crossing Twin Falls, ID 83301 ID N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 78 Market Place Shopping Center Champaign, IL 61820 IL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 79 ,IL 60652 IL 60641 $980,000 8.01% 8.17% 3,470 3,470 $282 $96,108 5.0% $4,130 $91,978 $12,000 $1,500 $13,500 $78,478 $1,652 $76,826 $26.5 $3.5 $0.4 $0.0 $0.0 $3.9 $22.6 60630 $1,575,000 10,000 10,000 157.5 67% 33% $18 5.0% 13.0% 1.6% 4.7% 1.2% -5.9% 14.7% 85.3% 80 Lincolnshire, IL 60069 IL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 81 Golf Mill Shopping Center Niles,IL 60714 IL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 82 Northbrook,IL 60062 IL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 83 Oak Brook,IL 60523 IL N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 84 West Dundee, IL 60118 IL 60118 $3,050,000 7.53% 7.55% 9,880 9,880 $309 $305,497 3.0% $6,939 $298,558 $19,949 $3,325 $6,116 $11,479 $68,765 $229,793 $229,793 $30.2 $2.0 $0.3 $0.6 $1.2 $7.0 $23.3 100% 0% $30 3.0% 6.7% 1.1% 2.0% 3.8% 9.3% 23.0% 77.0% 85 River Falls Mall Clarksville, IN 47129 IN 46825 $3,500,000 7.55% 7.55% 12,240 12,240 $286 $318,120 $318,120 $23,256 $3,796 $17,355 $5,400 $53,707 $264,413 $11,856 $252,557 $26.0 $1.9 $0.3 $1.4 $0.4 $4.4 $21.6 99% 1% $26 10.9% 7.3% 1.2% 5.5% 1.7% 1.2% 16.9% 83.1% 86 Fort Wayne, IN 46805 IN 46825 $3,500,000 7.55% 7.55% 12,240 12,240 $286 $318,120 $318,120 $23,256 $3,796 $17,355 $5,400 $53,707 $264,413 $11,856 $252,557 $26.0 $1.9 $0.3 $1.4 $0.4 $4.4 $21.6 100% 0% $26 10.9% 7.3% 1.2% 5.5% 1.7% 1.2% 16.9% 83.1% 87 Prairiefire at LionsGate Overland Park,KS 66223 KS N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 88 Bowling Green, KY 42104 KY N/A N/A N/A 10. 9% 92%9.2% 19%1.9% 47%4.7% 12%1.2% 42%4.2% 21. 3% 78.7% 89 Florence,KY 41042 KY N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 90 Mall St. Matthews Louisville, KY 40207 KY 40299 $2,850,000 8.42% 8.67% 26,565 26,565 $107 $329,809 5.0% $16,107 $313,702 $23,559 $5,191 $17,876 $9,411 $73,792 $239,910 $239,910 $11.8 $0.9 $0.2 $0.7 $0.4 $2.8 $9.0 100% 0% $12 5.0% 7.5% 1.7% 5.7% 3.0% 5.7% 23.5% 76.5% 91 Louisville, KY 40222 KY 40299 $2,850,000 8.42% 8.67% 26,565 26,565 $107 $329,809 5.0% $16,107 $313,702 $23,559 $5,191 $17,876 $9,411 $73,792 $239,910 $239,910 $11.8 $0.9 $0.2 $0.7 $0.4 $2.8 $9.0 100% 0% $12 5.0% 7.5% 1.7% 5.7% 3.0% 5.7% 23.5% 76.5% 92 Alexandria Mall Alexandria,LA 71301 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 93 Mall Of Baton Rouge, LA 70836 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 94 Bossier City, LA 71111 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 95 Gretna, LA 70056 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 96 Riverlands Shopping Center LaPlace, LA 70068 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 97 Monroe, LA 71203 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 98 Riverwalk Marketplace New Orleans, LA 70130 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 99 Mall St. Vincent Shreveport, LA 71104 LA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 100 Natick Collection Natick,MA 1760 MA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 101 Metro Plaza Baltimore, MD 0 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 102 The Gallery At Harborplace Baltimore, MD 0 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 103 Village of Cross Keys Retail Baltimore, MD 0 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 104 Harborplace Baltimore, MD 21202 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 105 Baltimore, MD 21215 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 106 Baltimore, MD 21236 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 107 Faneuil Hall Marketplace Boston, MD 2109 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 108 Columbia, MD 21044 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 109 Laurel Commons Laurel,MD 20707 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 110 Owings Mills Mall Owing Mills, MD 21117 MD N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 111 The Mall South Portland, ME 4106 ME N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 112 Adrian Mall Adrian, MI 49221 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 113 Lakeview Square Battle Creek, MI 49015 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 114 Bay City Mall Bay City,MI 48706 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 115 Centerpointe Mall Grand Rapids,MI 49512 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 116 Rivertown Crossings Grandville, MI 49418 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 117 Westwood Mall Jackson, MI 49202 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 118 Lansing, MI 48917 MI 48910 $6,285,000 9.00% 9.61% 109,667 109,667 $57 $888,829 $888,829 $216,598 $30,000 $50,000 $26,665 $323,263 $565,566 $565,566 $8.1 $2.0 $0.3 $0.5 $0.2 $2.9 $5.2 100% 0% $8 10.9% 24.4% 3.4% 5.6% 3.0% 0.0% 36.4% 63.6% 119 Birchwood Mall Port Huron, MI 48059 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 120 The Crossroads Portage, MI 49024 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 121 Lakeside Mall Sterling Heights, MI 48313 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 122 Southland Center Taylor, MI 48180 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 123 Traverse City, MI 49684 MI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 124 Eden Prairie Center Eden Prairie, MN 55344 MN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 125 Mankato, MN 56001 MN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 126 Minnetonka, MN 55305 MN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 127 Rochester, MN 55902 MN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 128 Crossroads Center St. Cloud, MN 56301 MN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 129 Knollwood Mall St. Louis Park , MN 55426 MN N/A N/A N/A 10. 9% 92%9.2% 19%1.9% 47%4.7% 12%1.2% 42%4.2% 21. 3% 78.7% 130 Columbia, MO 65203 MO N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 131 Capital Mall Jefferson City, MO 65109 MO N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 132 Lindbergh Town Center St. Ann,MO 63074 MO N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 133 St. Louis, MO 63117 MO N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 134 The Streets At Southpoint Durham, NC 27713 NC N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 135 Greensboro, NC 27427 NC N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 136 Hickory, NC 28602 NC N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 137 Carolina Place Pineville,NC 28134 NC N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 138 Omaha, NE 68144 NE N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 139 Bridgewater,NJ 8807 NJ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 140 Paramus, NJ 7652 NJ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 141 Willowbrook Wayne, NJ 7470 NJ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 142 Woodbridge, NJ 7095 NJ N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 143 Albuquerque, NM 87110 NM N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 144 Clovis, NM 88101 NM N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 145 Farmington, NM 87402 NM N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 146 Rio West Mall Gallup, NM 87301 NM N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 147 Fremont Plaza Las Vegas, NV 89107 NV 89132 $29,600,000 4.77% 4.77% 63,300 63,300 $468 $2,233,480 28.4% $560,179 $1,673,301 $125,000 $18,000 $58,225 $61,000 $262,225 $1,411,076 $1,411,076 $26.4 $2.0 $0.3 $0.9 $1.0 $4.1 $22.3 89085 $8,160,000 6.62% 6.62% 15,700 15,700 $520 $636,747 5.0% $28,437 $608,310 $30,000 $6,500 $16,500 $15,000 $68,000 $540,310 $540,310 $38.7 $1.9 $0.4 $1.1 $4.3 $34.4 47% 53% $33 16.7% 6.2% 1.1% 3.1% 1.8% 1.2% 13.4% 86.6% 148 Las Vegas, NV 89107 NV 89132 $29,600,000 4.77% 4.77% 63,300 63,300 $468 $2,233,480 28.4% $560,179 $1,673,301 $125,000 $18,000 $58,225 $61,000 $262,225 $1,411,076 $1,411,076 $26.4 $2.0 $0.3 $0.9 $1.0 $4.1 $22.3 89085 $8,160,000 6.62% 6.62% 15,700 15,700 $520 $636,747 5.0% $28,437 $608,310 $30,000 $6,500 $16,500 $15,000 $68,000 $540,310 $540,310 $38.7 $1.9 $0.4 $1.1 $4.3 $34.4 47% 53% $33 16.7% 6.2% 1.1% 3.1% 1.8% 1.2% 13.4% 86.6% 149 Fashion Show Las Vegas, NV 89109 NV 89132 $29,600,000 4.77% 4.77% 63,300 63,300 $468 $2,233,480 28.4% $560,179 $1,673,301 $125,000 $18,000 $58,225 $61,000 $262,225 $1,411,076 $1,411,076 $26.4 $2.0 $0.3 $0.9 $1.0 $4.1 $22.3 89085 $8,160,000 6.62% 6.62% 15,700 15,700 $520 $636,747 5.0% $28,437 $608,310 $30,000 $6,500 $16,500 $15,000 $68,000 $540,310 $540,310 $38.7 $1.9 $0.4 $1.1 $4.3 $34.4 51% 49% $32 16.7% 6.2% 1.1% 3.1% 1.8% 1.2% 13.4% 86.6% 150 The Las Vegas, NV 89109 NV 89132 $29,600,000 4.77% 4.77% 63,300 63,300 $468 $2,233,480 28.4% $560,179 $1,673,301 $125,000 $18,000 $58,225 $61,000 $262,225 $1,411,076 $1,411,076 $26.4 $2.0 $0.3 $0.9 $1.0 $4.1 $22.3 89085 $8,160,000 6.62% 6.62% 15,700 15,700 $520 $636,747 5.0% $28,437 $608,310 $30,000 $6,500 $16,500 $15,000 $68,000 $540,310 $540,310 $38.7 $1.9 $0.4 $1.1 $4.3 $34.4 51% 49% $32 16.7% 6.2% 1.1% 3.1% 1.8% 1.2% 13.4% 86.6% 151 Canyon Point Village Center Las Vegas, NV 89135 NV 89132 $29,600,000 4.77% 4.77% 63,300 63,300 $468 $2,233,480 28.4% $560,179 $1,673,301 $125,000 $18,000 $58,225 $61,000 $262,225 $1,411,076 $1,411,076 $26.4 $2.0 $0.3 $0.9 $1.0 $4.1 $22.3 89085 $8,160,000 6.62% 6.62% 15,700 15,700 $520 $636,747 5.0% $28,437 $608,310 $30,000 $6,500 $16,500 $15,000 $68,000 $540,310 $540,310 $38.7 $1.9 $0.4 $1.1 $4.3 $34.4 94% 6% $27 16.7% 6.2% 1.1% 3.1% 1.8% 1.2% 13.4% 86.6% 152 The Boulevard Mall Las Vegas, NV 89169 NV 89183 $4,300,000 5.79% 5.79% 11,287 11,287 $381 $336,268 5.0% $13,110 $323,158 $18,000 $5,700 $12,000 $6,569 $74,061 $249,097 $249,097 $28.6 $1.6 $0.5 $1.1 $0.6 $6.6 $22.1 89142 $1,600,000 7.44% 7.44% 6,770 6,770 $236 $132,937 $132,937 $5,620 $2,860 $5,340 $13,820 $119,117 $119,117 $19.6 $0.8 $0.4 $0.8 $2.0 $17.6 66% 34% $26 5.0% 4.9% 2.0% 3.9% 1.0% 4.9% 16.7% 83.3% 153 Plaza 800 Sparks, NV 89431 NV N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 154 Lockport Mall Lockport, NY 14094 NY N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 155 South Street Seaport , NY 10038 NY 10007 $1,800,000 7.69% 7.69% 2,034 2,034 $885 $168,000 $168,000 $10,923 $29,554 $138,446 $138,446 $82.6 $5.4 $0.0 $0.0 $0.0 $14.5 $68.1 100% 0% $82 10.9% 6.5% 1.9% 4.7% 1.2% 3.3% 17.6% 82.4% 156 Staten Island, NY 10314 NY N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 157 Beachwood, OH 44122 OH N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 158 Cincinnati,OH 45236 OH N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 159 Colony Square Mall Zanesville, OH 43701 OH N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 160 Norman, OK 73072 OK N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 161 City,OK 73134 OK N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 162 Bailey Hills Village Eugene, OR 97402 OR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 163 Halsey Crossing Gresham, OR 97230 OR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 164 Medford, OR 97501 OR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 165 Portland, OR 97204 OR 97230 24,480 24,480 $505,905 42.7% $216,250 $289,655 $31,696 $1,716 $3,672 $16,011 $91,144 $198,511 $198,511 $11.8 $1.3 $0.1 $0.2 $0.7 $3.7 $8.1 97209 $5,490,000 4.13% 7.56% 37,054 37,054 $148 $372,434 4.4% $16,284 $356,150 $25,488 $7,862 $24,836 $10,684 $129,295 $226,855 $226,855 $9.6 $0.7 $0.2 $0.7 $3.5 $6.1 16% 84% $10 23.6% 9.0% 1.4% 4.1% 2.8% 16.6% 33.9% 66.1% 166 Division Crossing Portland, OR 97236 OR 97230 24,480 24,480 $505,905 42.7% $216,250 $289,655 $31,696 $1,716 $3,672 $16,011 $91,144 $198,511 $198,511 $11.8 $1.3 $0.1 $0.2 $0.7 $3.7 $8.1 97209 $5,490,000 4.13% 7.56% 37,054 37,054 $148 $372,434 4.4% $16,284 $356,150 $25,488 $7,862 $24,836 $10,684 $129,295 $226,855 $226,855 $9.6 $0.7 $0.2 $0.7 $3.5 $6.1 82% 18% $11 23.6% 9.0% 1.4% 4.1% 2.8% 16.6% 33.9% 66.1% 167 Portland,OR 97086 OR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 168 Salem Center Salem, OR 97301 OR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 169 Gateway Mall Springfield, OR 97477 OR N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 170 Neshaminy Mal Bensalem,PABensalem,PA 19020 PA N/A N/A N/A 10. 9% 92%9.2% 19%1.9% 47%4.7% 12%1.2% 42%4.2% 21. 3% 78.7% 171 Lancaster, PA 17601 PA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 172 Providence, RI 2903 RI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 173 Columbia,SC 29212 SC 29201 $22,425,000 7.77% 9.08% 143,651 143,651 $156 $2,993,307 5.0% $149,665 $2,843,642 $300,000 $18,456 $286,994 $94,559 $1,101,522 $1,742,120 $1,742,120 $19.8 $2.1 $0.1 $2.0 $0.7 $7.7 $12.1 100% 0% $20 5.0% 10.5% 0.6% 10.1% 3.3% 14.1% 38.7% 61.3% 174 Northgate Mall Chattanooga, TN 37415 TN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 175 Kingsport Town Center Kingsport,TN 37660 TN N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 176 Highland Mall Austin,TX 78752 TX N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 177 Galleria Dallas Dallas,TX 75240 TX 75228 $2,976,000 7.28% 7.25% 9,100 9,100 $327 $285,672 4.0% $9,083 $276,589 $33,012 $1,589 $983 $3,600 $60,017 $216,572 $910 $215,662 $30.4 $3.6 $0.2 $0.1 $0.4 $6.6 $23.8 100% 0% $30 4.0% 11.9% 0.6% 0.4% 1.3% 7.5% 21.7% 78.3% 178 Fort Worth, TX 76132 TX 76103 $2,880,000 8.55% 8.55% 42,400 42,400 $68 $410,052 $410,052 $62,438 $6,240 $17,900 $15,749 $163,892 $246,160 $246,160 $9.7 $1.5 $0.1 $0.4 $0.4 $3.9 $5.8 76116 $2,158,000 7.65% 7.65% 9,730 9,730 $222 $233,939 5.0% $11,697 $222,242 $29,190 $2,433 $17,028 $8,548 $57,199 $165,043 $165,043 $22.8 $3.0 $0.3 $1.8 $5.9 $17.0 36% 64% $18 5.0% 14.2% 1.3% 6.0% 1.9% 9.4% 32.9% 67.1% 179 Friendswood, TX 77546 TX N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 180 Humble,TX 77338 TX 77338 $1,200,000 7.64% 7.84% 6,750 6,750 $178 $115,427 $115,427 $5,500 $6,966 $6,511 $4,800 $23,777 $91,650 $91,650 $17.1 $0.8 $1.0 $1.0 $0.7 $3.5 $13.6 100% 0% $17 10.9% 4.8% 6.0% 5.6% 4.2% 0.0% 20.6% 79.4% 181 Mesquite, TX 75150 TX N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 182 Collin Creek Plano, TX 75075 TX N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 183 San Antonio, TX 78216 TX 78216 $8,250,000 7.97% 8.20% 67,161 67,161 $123 $1,235,845 13.2% $162,690 $1,073,155 $103,564 $10,376 $10,860 $32,915 $415,847 $657,308 $13,323 $643,985 $16.0 $1.5 $0.2 $0.2 $0.5 $6.2 $9.8 100% 0% $16 13.2% 9.7% 1.0% 1.0% 3.1% 24.1% 38.7% 61.3% 184 San Antonio, TX 78256 TX 78249 $3,325,000 7.74% 9.03% 29,930 29,930 $111 $426,375 16.0% $68,220 $358,155 $45,937 $33,000 $14,326 $100,745 $257,410 $257,410 $12.0 $1.5 $0.0 $1.1 $0.5 $3.4 $8.6 78229 $3,500,000 7.56% 8.11% 43,548 43,548 $80 $340,702 6.0% $17,035 $323,667 $48,294 $8,262 $2,440 $58,996 $264,671 $264,671 $7.4 $1.1 $0.2 $0.1 $1.4 $6.1 79% 21% $11 11.0% 13.9% 1.3% 5.0% 2.0% 1.0% 23.2% 76.8% 185 Sugar Land,TX 77479 TX N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 186 Wichita Falls, TX 76308 TX N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 187 Gateway Crossing Shopping Center Bountiful, UT 84010 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 188 Cache Valley Marketplace Logan, UT 84321 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 189 Logan, UT 84341 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 190 Fort Union Midvale, UT 84047 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 191 Murray, UT 84107 UT 84107 $14,250,000 7.48% 60,000 60,000 $238 $1,145,995 $1,145,995 $79,807 100% 0% $0 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 192 Country Hills Plaza Ogden, UT 84403 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 193 Ogden,UT 84405 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 194 Orem Plaza Center Street Orem, UT 84057 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 195 Orem Plaza State Street Orem, UT 84057 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 196 University Crossing Orem, UT 84058 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 197 Provo, UT 84601 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 198 Riverside Plaza Provo, UT 84604 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 199 North Temple Shops Salt Lake City, UT 84116 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 200 Cottonwood Mall Salt Lake City, UT 84117 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 201 Cottonwood Square Salt Lake City, UT 84117 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 202 Plaza 9400 Sandy, UT 84094 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 203 St. George, UT 84790 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 204 Red Cliffs Plaza St. George, UT 84790 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 205 River Pointe Plaza West Jordan, UT 84088 UT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 206 Landmark Mall Alexandria, VA 22304 VA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 207 Piedmont Mall Danville, VA 24540 VA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 208 Beach, VA 23452 VA 23462 $10,000,000 8.00% 9.59% 91,686 91,686 $109 $1,069,500 1.7% $16,000 $1,053,500 $55,138 $11,122 $14,000 $41,900 $253,923 $799,577 $45,000 $754,577 $11.5 $0.6 $0.1 $0.2 $0.5 $2.8 $8.7 100% 0% $11 1.7% 5.2% 1.1% 1.3% 4.0% 12.5% 24.1% 75.9% 209 Burlington Town Center Burlington, VT 5401 VT N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 210 Southshore Mall Aberdeen, WA 98520 WA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 211 BBellisellis FairFair BellinghamBellingham, WAWA 9898226226 WA N/A N/A N/A 10.9%10.9% 9.2%9.2% 1.9%1.9% 4.7%4.7% 1.2%1.2% 4.2%4.2% 21.3%21.3% 78.7%78.7% 212 Kelso, WA 98626 WA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 213 Alderwood Lynnwood,WA 98037 WA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 214 Seattle, WA 98101 WA 98178 $1,000,000 5.91% 8.04% 7,275 7,275 $137 $77,740 5.0% $3,887 $73,853 $7,116 $2,600 $2,500 $14,731 $59,122 $1,091 $58,031 $10.2 $1.0 $0.4 $0.3 $0.0 $2.0 $8.1 98199 $3,775,000 5.92% 6.34% 30,172 16,596 $125 $324,326 1.5% $4,865 $319,461 $20,830 $4,483 $2,864 $96,126 $223,335 $2,489 $220,846 $10.6 $0.7 $0.1 $0.1 $3.2 $7.4 56% 44% $10 3.3% 8.1% 2.5% 2.1% 1.2% 11.1% 25.0% 75.0% 215 North Town Mall Spokane, WA 99207 WA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 216 Spokane Valley Plaza Spokane, WA 99209 WA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 217 Spokane, WA 99216 WA N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 218 Appleton, WI 54913 WI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 219 Eau Claire, WI 54701 WI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 220 Mayfair Wauwatosa, WI 53226 WI N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 221 Eastridge Mall Casper, WY 82609 WY N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 222 Rock Springs, WY 82901 WY N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 223 Sierra Vista 85635 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 224 SouthBay Pavilion Carson 90746 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 225 The Shops at Tanforan San Bruno 94066 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 226 Eastridge (CA) San Jose, CA 95122 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 227 The Shoppes at Buckland Hills Manchester 6040 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 228 Village of Merrick Park Coral Gables 33146 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 229 Gainesville 32605 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 230 West Oaks Mall Ocoee 34761 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 231 University Mall Tampa 33612 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 232 Windward Mall Kaneohe 96744 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 233 Whalers Village Lahaina 96761 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 234 Westdale Mall Cedar Rapids 52405 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 235 Baskin Robbins Idaho Falls 83404 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 236 Chicago 60611 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 237 Swansea Mall Swansea 2777 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 238 Silver City Galleria Taunton 2780 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 239 The Village of Cross Keys Baltimore 21210 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 240 Towson 21204 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 241 The Mercantile Exchange St. Louis 63110 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 242 The Bridges at Mint Hill Mint Hill (Charlotte) 28203 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 243 Omaha 68114 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 244 Steeplegate Mall oncord 3301 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 245 Center Pointe Plaza (Summerlin) Las Vegas 89101 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 246 Trails Village Center (Summerlin) Las Vegas 89134 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 247 Lake Mead at Buffalo Las Vegas 89101 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 248 Summerlin Centre Las Vegas 89135 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 249 The Shoppes at Las Vegas 89109 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 250 St. Lawrence Centre Massena 13662 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 251 The Shops at Fallen Timbers Maumee 43537 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 252252 WashinWashingtongton Park Mall Bartlesville 74006 NN/A/A NN/A/A NN/A/A 1100.9% 9.2.2%% 1.1.9% 4.74.7%% 1.21.2%% 4.24.2%% 21.21.3% 7788.7.7%% 253 Stones River Mall Murfreesboro 37129 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 254 The Parks at Arlington Arlington 76015 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 255 Frisco 75034 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 256 Willowbrook Mall Houston 77070 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 257 Vista Ridge Mall Lewisville 75067 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 258 The Woodlands 77380 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 259 The Shops at Circle T Ranch Westlake (Dallas/Fort Worth) 75212 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 260 Provo Plaza Provo 84601 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 261 McLean 22102 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 262 The Shops at Georgetown Park 20007 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 263 Whaler's Village Lahaina, HI #N/A N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 264 Natick (Boston), MA #N/A N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 265 Lake Mead & Buffalo Partners Village Center Las Vegas, NV #N/A N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 266 The Trails Village Center Las Vegas, NV 0 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7%

268 Via Parque Shopping Rio de Janeiro, Rio de Janeiro 0 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 269 Shopping Taboao Taboao da Serra, Sao Paulo 0 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 270 Superstition Springs Center East Mesa (Phoenix), AZ 0 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 271 Glendale, AZ 0 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 272 Shopping Leblon Rio de Janeiro, Rio de Janeiro 0 N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 273 Shopping Iguatemi Salvador Salvador, Bahia N/A N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% 274 Shopping Iguatemi Campina Grande Campina Grande, Paraiba N/A N/A N/A N/A 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 78.7% Average 7.1% 17.2% $22 $2 $0 $1 $1 $5 $17 6.9% 4.7% $24 $2 $1 $1 $0 $5 $20 $23 $2 $0 $1 $0 $1 $5 $19 % of Gross Income per sq feet 10.0% 1.6% 3.9% 2.5% 22.2% 78.9% 8.6% 2.1% 5.4% 0.0% 20.4% 83.5% 10.9% 9.2% 1.9% 4.7% 1.2% 4.2% 21.3% 81.3%

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 4 Reggie Middleton's BoomBustBlog.com 02/14/2008

Loopnet Latest Asking Rents and Price per sq feet Properties rent with the same ZIP code Property City ZIP for rentals State Rent 1 2 3 456789101112131415161718192021 1 Century Plaza Birmingham, AL 35210 AL $16.5 $16 $14 $14 $22 2 Riverchase Galleria Hoover 35244 AR $16.2 $16 $17 $16 3 The Pines Pine Bluff, AR 71601 AZ N/A 4 Pinnacle Hills Promenade Rogers 72758 AZ $20.0 $20 5 Woodlands Village Flagstaff, AZ 86001 AZ $23.1 $30 $16 6 Park West Peoria 85345 AZ $21.2 $17 $15 $30 $20 $20 $25 7 Phoenix, AZ 85004 0 $35.0 $35 8 The Mall at Sierra Vista Sierra Vista 85635 AZ N/A 9 Mall At Sierra Vista Sierra Vista, AZ AZ N/A 10 Park Place Tucson, AZ 85711 CA $16.9 $17 $20 $16 $24 $21 $17 $13 $12 $19 $16 $17 $12 11 Tucson Mall Tucson, AZ 85705 CA $24.0 $22 $26 12 Anaheim Crossing Anaheim, CA 92668 CA $27.3 $17 $19 $36 $29 $31 $30 $18 $30 $35 13 Valley Plaza Mall Bakersfield, CA 93304 CA $22.7 $33 $24 $16 $13 $27 14 Burbank Town Center Burbank 91502 CA $44.3 $60 $48 $33 $36 15 SouthBay Pavilion Carson 90746 CA $42.0 $42 16 Chico Mall Chico, CA 95928 CA $14.9 $11 $15 $16 $6 $16 $11 $27 $11 $18 $18 $8 $21 17 Chula Vista Center Chula Vista 91910 CA $22.7 $26 $18 $15 $20 $28 $27 $20 $21 $30 $20 $24 18 Otay Ranch Town Center Chula Vista 91915 CA $22.9 $26 $18 $20 $18 $28 $27 19 Elk Grove Promenade Elk Grove 95624 CA $36.5 $47 $34 $30 $34 20 Bayshore Mall Eureka, CA 95501 CA $10.4 $12 $9 21 Palladio at Broadstone Folsom 95630 CA $30.8 $33 $36 $37 $32 $27 $27 $24 22 Glendale Galleria Glendale 91210 CA $29.4 $42 $33 $26 $34 $26 $22 $24 $30 $26 $31 23 Southland Mall Hayward, CA 94545 CA $26.3 $36 $17 24 Montclair Plaza Montclair 91763 CA $24.3 $26 $20 $18 $27 $25 $30 25 Moreno Valley Mall Moreno Valley 92553 CA $25.1 $17 $24 $16 $24 $30 $18 $17 $24 $35 $21 $24 $30 $36 $36 26 NewPark Mall Newark 94560 CA $26.9 $19 $27 $35 27 Northridge Fashion Center Northridge, CA 91324 CA $30.6 $36 $33 $25 $36 $23 28 Redlands Mall Redlands, CA 92373 CA $22.0 $20 $15 $27 $14 $14 $32 $20 $23 $20 $20 $24 $36 29 Galleria at Tyler Riverside 92503 CO N/A 30 The Shops at Tanforan San Bruno 94066 CO $39.1 $47 $33 $38 31 Stonestown Galleria San Francisco, CA 94132 CO N/A 32 Eastridge (CA) San Jose, CA 95122 CO $35.5 $41 $30 33 West Valley Mall Tracy, CA 95304 CT $32.7 $23 $34 $30 $47 $30 34 Visalia Mall Visalia, CA 93277 FL $21.0 $22 $22 $24 $27 $22 $20 $16 $15 $24 $18 35 Fallbrook Center West Hills, CA 91307 FL $24.0 $23 $25 36 Austin Bluffs Plaza Colorado Springs, CO 80918 FL $15.9 $12 $6 $20 $16 $13 $25 $15 $21 37 Chapel Hills Mall Colorado Springs, CO 80920 FL $20.7 $28 $16 $26 $12 $21 $21 38 Foothills Mall Fort Collins, CO 80525 FL $14.9 $15 $11 $9 $25 39 Southwest Plaza Littleton, CO 80123 FL $18.4 $14 $20 $20 $18 $16 $24 $16 $20 40 Park Meadows Lone Tree 80124 FL $31.8 $35 $28 $33 41 The Shoppes at Buckland Hills Manchester 6040 FL $9.2 $11 $10 $7 $8 42 Brass Mill Center Waterbury 6706 FL N/A 43 Christiana Mall Newark 19702 FL N/A 44 Altamonte Mall Altamonte Springs 32701 GA N/A 45 Mizner Park Boca Raton 33432 GA N/A 46 Village of Merrick Park Coral Gables 33146 GA $42.5 $45 $40 47 The Oaks Mall Gainesville 32605 GA $16.4 $16 48 Regency Square Mall Jacksonville, FL 32225 GA $16.7 $16 $11 $14 $14 $23 $28 $19 $10 49 Eagle Ridge Mall Lake Wales, FL 33859 HI $12.5 $13 50 Lakeland Square Lakeland 33809 HI N/A 51 Kendall Town Center Miami 65432 HI $25.3 $26 $28 $32 $16 $24 $26 52 Bayside Marketplace Miami, FL 33132 HI $38.0 $55 $50 $42 $16 $20 $45 53 Naples, FL 34102 HI $41.0 $35 $35 $60 $23 $32 $55 $50 $24 $46 $38 $35 $60 54 West Oaks Mall Ocoee 34761 HI $22.3 $22 $21 $24 55 Festival Bay Mall at International Drive Orlando 32819 HI $24.8 $22 $43 $21 $30 $21 $21 $18 $54 $19 $31 $17 $20 $17 $18 $27 $28 $19 $21 56 Oviedo Marketplace Orlando, FL 32765 HI $24.5 $22 $27 $26 $24 $20 $25 $25 $30 $28 $21 $20 $27 57 Pembroke Lakes Mall Pembroke Pines 33026 IA $45.0 $45 58 Governor's Square Tallahassee, FL 32301 IA $16.6 $20 $8 $10 $13 $15 $30 $20 $32 $12 $14 $6 $20 59 University Mall Tampa 33612 IA $15.2 $16 $11 $12 $18 $19 60 North Point Mall Alpharetta 30022 IA N/A 61 Perimeter Mall Atlanta 30346 ID N/A 62 Cumberland Mall Atlanta, GA 30339 ID $30.8 $38 $20 $16 $49 63 Augusta Mall Augusta, GA 30909 ID $14.8 $14 $14 $11 $20 $17 $16 $10 $14 $13 $11 $18 $22 $18 $15 $11 64 Peachtree Mall Columbus, GA 31909 ID $12.3 $11 $12 $13 $13 $15 $11 $12 $13 65 Southlake Mall Morrow, GA 30260 ID $16.9 $13 $10 $16 $12 $10 $19 $22 $22 $24 $22 66 Oglethorpe Mall Savannah, GA 31406 ID $22.0 $25 $20 $16 $18 $16 $30 $30 67 Prince Kuhio Hilo, HI 96720 ID $51.0 $51 68 Ala Moana Center Honolulu, HI 96814 ID $31.8 $21 $24 $37 $20 $48 $23 $48 $48 $34 $14 69 Ward Centers Honolulu, HI 96814 ID $31.8 $21 $24 $37 $20 $48 $23 $48 $48 $34 $14 70 Queen Ka'ahumanu Center Kahului 96732 ID $37.5 $36 $39 71 Windward Mall Kaneohe 96744 IL $36.3 $40 $36 $33 72 Whalers Village Lahaina 96761 IL $55.8 $30 $47 $36 $96 $60 $66 73 Kings' Shops Waikoloa 96738 IL N/A 74 Queens' MarketPlace Waikoloa Beach Resort 96738 IL N/A 75 Westdale Mall Cedar Rapids 52405 IL $11.0 $11 76 Coral Ridge Mall Coralville, IA 52241 IN $13.5 $12 $14 $16 $14 $14 $12 77 Mall Of The Bluffs Council Bluffs, IA 51503 IN $13.7 $12 $12 $20 $14 $14 $13 $12 78 Jordan Creek Town Center West Des Moines, IA 50266 KS $17.0 $16 $24 $15 $18 $15 $9 $18 $18 $15 $20 $19 $14 $20 $20 $16 79 Boise Plaza Boise, ID 83704 KY $17.3 $30 $17 $14 $14 $14 $14 $24 $12 $25 $26 $13 $19 $13 $16 $15 $23 $15 $28 $12 $12 $9 80 Boise Towne Square Boise, ID 83704 KY $17.3 $30 $17 $14 $14 $14 $14 $24 $12 $25 $26 $13 $19 $13 $16 $15 $23 $15 $28 $12 $12 $9 81 Silver Lake Mall Coeur d'Alene, ID 83815 KY $13.7 $12 $11 $13 $16 $10 $9 $14 $13 $16 $16 $14 $6 $24 $19 82 Baskin Robbins Idaho Falls 83404 LA $14.0 $16 $15 $12 83 Grand Teton Mall Idaho Falls, ID 83404 LA $14.0 $16 $15 $12 84 Grand Teton Plaza Idaho Falls, ID LA $14.0 $16 $15 $12 85 Yellowstone Square Idaho Falls, ID 83401 LA $22.5 $23 86 Alameda Plaza Pocatello, ID 83201 LA $18.0 $18 87 Pine Ridge Mall Pocatello, ID 83202 LA $40.0 $40 88 Twin Falls Crossing Twin Falls, ID 83301 LA $9.8 $10 89 Market Place Shopping Center Champaign, IL 61820 LA $49.0 $14 $12 $180 $10 $120 $144 $20 $15 $19 $9 $16 $10 $120 $180 $16 $71 $13 $13 $13 $16 $20 90 Ford City Mall Chicago 60652 MA N/A 91 Water Tower Place Chicago 60611 MA $49.4 $19 $30 $20 $25 $18 $30 $28 $47 $125 $40 $200 $65 $19 $24 $50 $20 $60 $70 92 Lincolnshire Commons Lincolnshire, IL 60069 MD $30.0 $30 93 Golf Mill Shopping Center Niles 60714 MD $20.6 $22 $30 $18 $18 $16 94 Northbrook Court Northbrook 60062 MD $25.4 $35 $18 $34 $21 $24 $21 95 Oakbrook Center Oak Brook 60523 MD $18.7 $16 $19 $16 $19 $21 $23 $17 $19 $18 $20 $20 96 Spring Hill Mall West Dundee, IL 60118 MD N/A 97 River Falls Mall Clarksville, IN 47129 MD N/A 98 Glenbrook Square Fort Wayne, IN 46805 MD N/A 99 Prairiefire at LionsGate Overland Park 66223 MD $22.8 $19 $20 $33 $19 $23 100 Greenwood Mall Bowling Green, KY 42104 MD $15.8 $16 $11 $20 101 Florence Mall Florence 41042 MD $19.0 $15 $22 $13 $26 $18 $16 $25 102 Mall St. Matthews Louisville, KY 40207 MD N/A 103 Oxmoor Center Louisville, KY 40222 ME N/A 104 Alexandria Mall Alexandria 71301 MI $15.0 $15 105 Baton Rouge, LA 70836 MI $15.9 13.75 12.75 $19 $16 $20 $18 $12 $20 $15 $16 $16 $13 $9 $18 $16 $16 $18 $18 $17 $17 $15 106 Pierre Bossier Mall Bossier City, LA 71111 MI $23.3 $30 $17 107 Oakwood Center Gretna, LA 70056 MI $11.6 $12 $13 $9 $13 108 Riverlands Shopping Center LaPlace, LA 70068 MI N/A 109 Pecanland Mall Monroe, LA 71203 MI $12.0 $12 110 Riverwalk Marketplace New Orleans, LA 70130 MI N/A 111 Mall St. Vincent Shreveport, LA 71104 MI $13.0 $12 $12 $14 $12 $15 $15 $24 $17 $17 $15 $8 $7 $9 $11 $9 112 Natick Collection Natick 1760 MI $22.3 $18 $22 $26 $19 $27 113 Swansea Mall Swansea 2777 MI $15.8 $16 $20 $15 $16 $12 $13 $14 $18 $17 $17 $15 $16 $25 $12 $14 114 Silver City Galleria Taunton 2780 MI $11.3 $7 $8 $15 $15 115 The Village of Cross Keys Baltimore 21210 MN $18.8 $18 $22 $10 $26 $13 $16 $15 $20 $20 $23 $17 $20 $14 $10 $19 $35 $16 $22 $20 $20 $20 116 Harborplace Baltimore, MD 21202 MN N/A 117 Metro Plaza Baltimore, MD MN N/A 118 Mondawmin Mall Baltimore, MD 21215 MN N/A 119 The Gallery At Harborplace Baltimore, MD MN N/A 120 Village of Cross Keys Retail Baltimore, MD MN N/A 121 White Marsh Mall Baltimore, MD 21236 MO N/A 122 Faneuil Hall Marketplace Boston, MD 2109 MO $35.0 $35 123 The Mall In Columbia Columbia, MD 21044 MO N/A 124 Laurel Commons Laurel 20707 MO $18.1 $17 $17 $16 $24 $18 $17 125 Owings Mills Mall Owing Mills, MD 21117 MO $18.0 $18 126 Towson Town Center Towson 21204 NC $15.9 $14 $18 127 South Portland, ME 4106 NC N/A 128 Adrian Mall Adrian 49221 NC $18.5 $25 $12 129 Lakeview Square Battle Creek, MI 49015 NC $15.5 $16 $15 130 Bay City Mall Bay City 48706 NE $19.5 $25 $14 131 Centerpointe Mall Grand Rapids 49512 NJ N/A 132 Rivertown Crossings Grandville, MI 49418 NJ N/A 133 Westwood Mall Jackson, MI 49202 NJ $15.0 $15 134 Lansing Mall Lansing, MI 48917 NM N/A 135 Birchwood Mall Port Huron, MI 48059 NM $18.0 $18 136 The Crossroads Portage, MI 49024 NM N/A

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137 Lakeside Mall Sterling Heights, MI 48313 NM N/A 138 Southland Center Taylor, MI 48180 NV N/A 139 Grand Traverse Mall Traverse City, MI 49684 NV $10.7 $11 $10 140 Eden Prairie Center Eden Prairie, MN 55344 NV N/A 141 River Hills Mall Mankato, MN 56001 NV $28.0 $28 142 Ridgedale Center Minnetonka, MN 55305 NV N/A 143 Apache Mall Rochester, MN 55902 NV $19.7 $19 $24 $16 144 Crossroads Center St. Cloud, MN 56301 NV $19.3 $20 $14 $24 145 Knollwood Mall St. Louis Park, MN 55426 NV N/A 146 Columbia Mall Columbia, MO 65203 NV N/A 147 Capital Mall Jefferson City, MO 65109 NV $12.3 $11 $10 $16 148 Lindbergh Town Center St. Ann 63074 NV $11.5 $10 $13 149 The Mercantile Exchange St. Louis 63110 NY $20.0 $20 150 Saint Louis Galleria St. Louis, MO 63117 NY N/A 151 The Streets At Southpoint Durham, NC 27713 NY $15.8 $18 $20 $10 $15 152 Four Seasons Town Centre Greensboro, NC 27427 NY N/A 153 Valley Hills Mall Hickory, NC 28602 OH N/A 154 The Bridges at Mint Hill Mint Hill (Charlotte) 28203 OH $17.5 $18 155 Carolina Place Pineville 28134 OH $15.5 $13 $18 156 Westroads Mall Omaha 68114 OK $35.0 $35 157 Oak View Mall Omaha, NE 68144 OR N/A 158 Steeplegate Mall oncord 3301 OR $22.0 $25 $19 159 Bridgewater Commons Bridgewater 8807 OR $28.1 $31 $25 160 Paramus Park Paramus, NJ 7652 OR $33.6 $45 $35 $29 $25 161 Willowbrook Wayne, NJ 7470 OR $38.8 $43 $38 $35 162 Woodbridge Center Woodbridge, NJ 7095 OR $33.3 $30 $37 163 Coronado Center Albuquerque, NM 87110 OR N/A 164 North Plains Mall Clovis, NM 88101 PA $15.0 $15 165 Animas Valley Mall Farmington, NM 87402 RI $23.0 $23 166 Rio West Mall Gallup, NM 87301 TN N/A 167 Center Pointe Plaza (Summerlin) Las Vegas 89101 TN $31.1 $25 $35 $44 $33 $24 $38 $21 $30 168 The Trails Village Center (Summerlin) Las Vegas 89134 TN $19.5 $20 169 Lake Mead at Buffalo Las Vegas 89101 TX $31.1 $25 $35 $44 $33 $24 $38 $21 $30 170 Summerlin Centre Las Vegas 89135 TX $43.8 $44 171 The Shoppes at the Palazzo Las Vegas 89109 TX $16.8 $16 $17 172 Canyon Point Village Center Las Vegas, NV 89135 TX N/A 173 Fashion Show Las Vegas, NV 89109 TX N/A 174 Fremont Plaza Las Vegas, NV 89107 TX N/A 175 Meadows Mall Las Vegas, NV 89107 TX N/A 176 The Boulevard Mall Las Vegas, NV 89169 TX N/A 177 The Grand Canal Shoppes Las Vegas, NV 89109 TX N/A 178 Plaza 800 Sparks, NV 89431 TX N/A 179 Lockport Mall Lockport, NY 14094 UT $12.0 $12 180 St. Lawrence Centre Massena 13662 UT $12.0 $12 181 South Street Seaport New York, NY 10038 UT N/A 182 Staten Island Mall Staten Island, NY 10314 UT $33.6 $34 183 Beachwood Place Beachwood, OH 44122 UT $16.5 $21 $17 $11 $17 $13 $19 $18 $16 $18 184 Kenwood Towne Centre Cincinnati 45236 UT N/A 185 The Shops at Fallen Timbers Maumee 43537 UT $14.4 $15 $15 $14 $14 186 Colony Square Mall Zanesville, OH 43701 UT $8.5 $9 187 Bartlesville 74006 UT N/A 188 Sooner Mall Norman, OK 73072 UT $15.0 $14 $15 $12 $20 $14 189 Quail Springs Mall Oklahoma City 73134 UT N/A 190 Bailey Hills Village Eugene, OR 97402 UT $23.5 $30 $24 $24 $16 191 Halsey Crossing Gresham, OR 97230 UT $24.0 $24 192 Rogue Valley Mall Medford, OR 97501 UT $17.3 $15 $16 $21 193 Clackamas Town Center Portland 97086 UT N/A 194 Division Crossing Portland, OR 97236 UT N/A 195 Pioneer Place Portland, OR 97204 UT N/A 196 Salem Center Salem, OR 97301 UT N/A 197 Gateway Mall Springfield, OR 97477 UT $18.9 $16 $12 $17 $17 $15 $30 $16 $24 $20 $23 198 Bensalem 19020 VA $19.1 $21 $20 $15 $21 199 Park City Center Lancaster, PA 17601 VA $17.6 $18 $17 200 Providence Place Providence, RI 2903 VA N/A 201 Columbiana Centre Columbia 29212 VA N/A 202 Northgate Mall Chattanooga, TN 37415 VT $12.5 $13 203 Kingsport Town Center Kingsport 37660 WA $24.0 $24 204 Stones River Mall Murfreesboro 37129 WA $14.0 $12 $16 205 The Parks at Arlington Arlington 76015 WA $15.0 $14 $16 206 Highland Mall Austin 78752 WA N/A 207 Galleria Dallas Dallas 75240 WA N/A 208 Hulen Mall Fort Worth, TX 76132 WA N/A 209 Baybrook Mall Friendswood, TX 77546 WA $24.0 $24 210 Stonebriar Centre Frisco 75034 WI $23.7 $19 $25 $26 $24 $25 211 Willowbrook Mall Houston 77070 WI $22.8 $21 $18 $16 $24 $35 212 Deerbrook Mall Humble 77338 WI N/A 213 Vista Ridge Mall Lewisville 75067 WY $22.0 $23 $30 $20 $19 $22 $18 214 Town East Mall Mesquite, TX 75150 WY $11.5 $15 $18 $9 $4 215 Collin Creek Plano, TX 75075 IL $17.8 $18 $19 $18 $12 $25 $16 216 North Star Mall San Antonio, TX 78216 FL N/A 217 The Shops At La Cantera San Antonio, TX 78256 NE N/A 218 First Colony Mall Sugar Land 77479 AL $26.0 $18 $20 $30 $20 $42 219 The Woodlands Mall The Woodlands 77380 AR $18.6 $19 $18 $22 $20 $15 $19 $19 $18 220 The Shops at Circle T Ranch Westlake (Dallas/Fort Worth) 75212 CA $17.0 $17 221 Sikes Senter Wichita Falls, TX 76308 CA $17.3 $18 $16 $18 222 Gateway Crossing Shopping Center Bountiful, UT 84010 CA $16.3 $18 $15 223 Cache Valley Mall Logan, UT 84341 CA $15.1 $14 $16 224 Cache Valley Marketplace Logan, UT 84321 CA $12.8 $13 $13 225 Fort Union Midvale, UT 84047 CT $13.8 $19 $14 $9 226 Fashion Place Murray, UT 84107 0 N/A 227 Newgate Mall Ogden 84405 DE N/A 228 Country Hills Plaza Ogden, UT 84403 FL $17.2 $10 $27 $14 $18 229 Orem Plaza Center Street Orem, UT 84057 FL N/A 230 Orem Plaza State Street Orem, UT 84057 FL N/A 231 University Crossing Orem, UT 84058 FL N/A 232 Provo Plaza Provo 84601 GA $17.4 $29 $11 $21 $16 $20 $13 $12 233 Provo Towne Centre Provo, UT 84601 GA N/A 234 Riverside Plaza Provo, UT 84604 0 N/A 235 Cottonwood Mall Salt Lake City, UT 84117 IL N/A 236 Cottonwood Square Salt Lake City, UT 84117 KY N/A 237 North Temple Shops Salt Lake City, UT 84116 0 N/A 238 Plaza 9400 Sandy, UT 84094 MA $20.5 $20 $28 $14 239 Red Cliffs Mall St. George, UT 84790 MI $18.2 $25 $15 $14 $17 $18 $24 $15 240 Red Cliffs Plaza St. George, UT 84790 NC $18.2 $25 $15 $14 $17 $18 $24 $15 241 River Pointe Plaza West Jordan, UT 84088 NH $17.9 $15 $36 $18 $16 $14 $14 $17 $13 242 Landmark Mall Alexandria, VA 22304 NV $18.3 $15 $25 $15 243 Piedmont Mall Danville, VA 24540 0 $8.5 $9 $8 244 Tysons Galleria McLean 22102 NV $23.7 $12 $25 $34 245 Lynnhaven Mall Virginia Beach, VA 23452 OH N/A 246 The Shops at Georgetown Park Washington 20007 OK $45.2 $43 $44 $48 $33 $59 247 Burlington Town Center Burlington, VT 5401 OK $22.0 $22 248 Southshore Mall Aberdeen, WA 98520 OR $22.8 $11 $33 $24 249 Bellis Fair Bellingham, WA 98226 SC $18.2 $13 $12 $13 $19 $16 $16 $25 $26 $24 250 Three Rivers Mall Kelso, WA 98626 TX $8.5 $8 $15 $6 $5 251 Alderwood Lynnwood 98037 TX $18.0 $20 $22 $12 252 Westlake Center Seattle, WA 98101 TX N/A 253 North Town Mall Spokane, WA 99207 0 $17.6 $22 $14 $10 $12 $24 $24 254 Spokane Valley Mall Spokane, WA 99216 TX $19.0 $14 $24 $18 255 Spokane Valley Plaza Spokane, WA 99209 TX $18.5 $10 $17 $22 $17 $19 $22 $14 $21 $21 $16 $31 $12 $19 256 Fox River Mall Appleton, WI 54913 TX N/A 257 Oakwood Mall Eau Claire, WI 54701 TX $14.0 $15 $15 $11 $13 $17 $16 $13 $13 258 Mayfair Wauwatosa, WI 53226 UT $26.1 $22 $19 $29 $29 $36 $21 259 Eastridge Mall Casper, WY 82609 VA N/A 260 White Mountain Mall Rock Springs, WY 82901 WA $16.5 $12 $15 $23 261 262 263 264 265 266 267 Via Parque Shopping Rio de Janeiro, Rio de Janeiro N/A $11.2 $11 268 Shopping Taboao Taboao da Serra, Sao Paulo N/A N/A 269 Superstition Springs Center East Mesa (Phoenix), AZ N/A 270 Arrowhead Towne Center Glendale, AZ N/A 271 Shopping Leblon Rio de Janeiro, Rio de Janeiro N/A $11.2 $11 272 Shopping Iguatemi Salvador Salvador, Bahia N/A N/A 273 Shopping Iguatemi Campina Grande Campina Grande, Paraiba N/A N/A 274

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Shopping Center Lease Sale

NOI per sq ft Selling price Source Per sq. ft/ annum Cap Rates Sale Price Size (sq ft) NOI per annum per sq ft Citifeet 14

RE/MAX Bakersfield, CA 2.0% $1,500,000 10,363 $30,000 $2.9 $144.7 RE/MAX Oxnard, CA 7.0% $3,175,000 15,750 $220,980 $14.0 $201.6 RE/MAX Glendale, CA $45 - $48

RE/MAX Aurora, CO $6 - $16.25 RE/MAX Aurora, CO $10 - $13 RE/MAX Wellington, CO 11.4% $8,550,000 80,125 $974,700 $12.2 $106.7

RE/MAX Bradenton, FL $25 RE/MAX North Fort Myers, FL $20 RE/MAX Fort Myers, FL $22 RE/MAX Ellenton, FL $22 RE/MAX Pompano Beach, FL $14 RE/MAX Lehigh Acres, FL $22 RE/MAX Cape Coral, FL $28 RE/MAX Gainesville, FL $12

RE/MAX Calhoun, GA 7.8% $1,080,000 11,880 $84,240 $7.1 $90.9

RE/MAX Edwardsville, IL $19 RE/MAX Waterloo, IL $19

RE/MAX Goshen, IN $11 RE/MAX Crown Point, IN $12 RE/MAX Sheridan, IN $9 RE/MAX Indianapolis, IN $15 RE/MAX Evansville, IN 10.1% $550,000 18,805 $55,330 $2.9 $29.2 RE/MAX Evansville, IN 9.5% $649,500 10,408 $61,703 $5.9 $62.4

RE/MAX Clinton Township, MI $11 - $14.40

RE/MAX Evansdale, IA $12 - $13 RE/MAX Davenport, IA $5.50 - $9.95

RE/MAX Mandeville, LA $22 RE/MAX New Orleans, LA $12 - $18

RE/MAX Temple Hills, MD $29

RE/MAX Las Vegas, NV $17 RE/MAX Las Vegas, NV $27 RE/MAX Henderson, NV $30 RE/MAX Henderson, NV $27 RE/MAX Las Vegas, NV $20 RE/MAX Las Vegas, NV $27 RE/MAX Las Vegas, NV $30

RE/MAX Willingboro, NJ 6.8% $850,000 12,000 $57,800 $4.8 $70.8

RE/MAX Gallup, NM $18 - $20

RE/MAX Hicksville, NY 6.0% $19,500,000 95,000 $1,170,000 $12.3 $205.3

RE/MAX Denver, NC $18

RE/MAX Berea, OH $15 RE/MAX Hartville, OH $10 RE/MAX Canton, OH $12 RE/MAX Uniontown, OH $12 RE/MAX Canton, OH $13 RE/MAX Mason, OH $21 RE/MAX Ontario, OH $14 RE/MAX Akron, OH $12 RE/MAX Massillon, OH $8 RE/MAX North Canton, OH $8 RE/MAX Uniontown, OH $168

RE/MAX Bend, OR $20

RE/MAX Saint Marys, PA $7

RE/MAX Lubbock, TX 8.5% $325,000 12,508 $27,625 $2.2 $26.0

RE/MAX Ogden, UT $14

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Vacancy rate downtown office (%) Vacancy rate suburban office (%) Sno Citi State 1999 2000 2001 2002 2003 2004 2005 2006 2007 1999 2000 2001 2002 2003 2004 2005 2006 2007 1 LITTLE ROCK, AR AR 14.7% 15.2% 12.3% 8.8% 8.8% 9.8%

1 PHOENIX, AZ AZ 9.2% 10.5% 17.0% 18.6% 19.0% 18.3% 15.1% 10.6% 11.3% 10.1% 16.9% 17.9% 16.1% 15.8% 13.5% 12.9%

1 BAKERSFIELD, CA CA 4.8% 5.8% 5.5% 4.0% 3.2% 2.7% 5.2% 4.3% 14.9% 16.3% 13.5% 14.0% 9.4% 7.8% 8.2% 4.2% 2 FRESNO, CA CA 12.3% 10.9% 12.7% 13.7% 10.6% 11.2% 7.3% 12.0% 11.3% 10.4% 8.1% 7.0% 7.9% 6.3% 8.8% 3 LOS ANGELES, CA CA 18.9% 19.4% 18.4% 19.5% 19.8% 20.3% 16.3% 15.8% 11.9% 11.9% 14.2% 16.7% 17.0% 14.0% 10.7% 9.4% 4 LOS ANGELES/INLAND EMPIRE, CA CA 5 LOS ANGELES/ORANGE COUNTY, CA CA 17.7% 18.8% 16.2% 12.4% 8.0% 9.0% 6 OAKLAND, CA CA 7.6% 4.8% 8.9% 15.5% 15.7% 14.6% 12.7% 11.9% 5.3% 1.7% 12.9% 17.8% 16.3% 19.8% 14.4% 17.3% 7 PLEASANTON/WALNUT CREEK, CA CA 12.2% 11.1% 11.3% 13.6% 10.5% 13.5% 8 SACRAMENTO, CA CA 8.3% 6.8% 6.9% 8.9% 12.8% 13.5% 12.1% 14.2% 9.1% 10.4% 11.7% 14.1% 13.9% 14.6% 12.7% 13.6% 9 SAN DIEGO, CA CA 10.2% 8.4% 7.6% 10.1% 10.2% 9.4% 11.0% 13.5% 7.4% 4.6% 10.1% 12.8% 11.3% 11.6% 8.9% 11.1% 10 SAN FRANCISCO, CA CA 2.6% 3.6% 13.5% 16.9% 16.9% 15.4% 13.2% 11.6% 0.7% 2.6% 22.4% 28.3% 29.3% 25.4% 20.4% 15.8% 11 SAN JOSE/SILICON VALLEY, CA CA 5.4% 1.2% 8.7% 13.2% 20.3% 20.6% 24.6% 200.0% 4.6% 1.9% 10.7% 13.1% 17.3% 15.2% 11.5% 6.9%

1 DENVER, CO CO 7.3% 5.5% 10.8% 14.9% 15.3% 14.8% 14.0% 11.8% 9.5% 8.3% 15.1% 18.7% 18.0% 16.3% 14.5% 13.4%

1 HARTFORD, CT CT 25.1% 20.8% 19.8% 19.9% 20.5% 18.8% 20.6% 15.6% 15.7% 12.2% 16.1% 18.1% 20.7% 18.2% 17.7% 15.5%

1 WASHINGTON, DC DC 5.7% 4.0% 5.3% 6.4% 7.2% 7.5% 7.2% 7.1% 4.9% 3.1% 14.2% 18.2% 16.3% 12.8% 10.6% 10.3%

1 FT. LAUDERDALE/BROWARD COUNTY, FL FL 6.3% 6.4% 12.5% 17.5% 15.9% 16.7% 11.6% 9.0% 10.1% 10.4% 16.3% 15.5% 13.8% 11.9% 7.8% 8.0% 2 JACKSONVILLE, FL FL 9.7% 10.4% 12.3% 16.7% 16.7% 12.7% 14.0% 16.1% 13.6% 10.7% 13.2% 11.8% 3 MIAMI/DADE COUNTY, FL FL 10.7% 11.9% 11.6% 12.4% 9.2% 9.2% 8.4% 6.5% 11.8% 12.3% 12.5% 11.3% 8.4% 7.8% 4 ORLANDO, FL FL 6.1% 9.0% 12.0% 11.8% 12.5% 11.1% 11.9% 8.0% 6.8% 7.9% 11.6% 12.4% 14.1% 11.9% 8.9% 7.6% 5 TAMPA BAY, FL FL 11.1% 13.4% 14.8% 15.8% 16.3% 15.9% 15.0% 16.1% 7.3% 10.1% 12.4% 11.9% 12.4% 12.1% 10.1% 9.4% 6 WEST PALM BEACH, FL FL 10.4% 14.6% 13.3% 13.8% 10.8% 8.7% 8.9% 8.7% 14.0% 13.0% 12.7% 10.5% 7.6% 9.1%

1 ATLANTA, GA GA

1 HONOLULU, HI HI 14.3% 11.8% 12.0% 12.3% 12.1% 11.0% 8.7% 6.7% 12.7% 10.1% 13.4% 15.0% 11.5% 9.6% 8.6% 7.4%

1 BOISE, ID ID 8.9% 9.1% 10.6% 11.7% 7.6% 9.7% 15.3% 12.6% 15.6% 19.2% 13.4% 12.9%

1 CHICAGO, IL IL 10.7% 10.2% 12.7% 16.6% 16.9% 17.0% 19.5% 15.2% 11.7% 13.8% 20.7% 23.4% 23.9% 21.8% 21.1% 18.9%

1 INDIANAPOLIS, IN IN 12.0% 16.0% 18.5% 17.5% 15.9% 15.2% 14.6% 18.3% 10.9% 15.7% 16.0% 18.8% 20.7% 18.7% 18.3% 17.8%

1 LOUISVILLE, KY KY 16.2% 18.5% 21.0% 23.4% 32.3% 15.3% 19.5% 19.1% 17.7% 17.7% 15.8% 16.4%

1 BOSTON, MA MA 5.5% 4.5% 11.9% 16.2% 17.4% 17.9% 12.6% 9.8% 12.3% 6.2% 21.0% 26.0% 28.2% 25.6% 18.8% 12.7%

1 BALTIMORE, MD MD 9.2% 9.3% 11.4% 19.6% 18.4% 17.7% 17.2% 17.0% 8.4% 9.9% 14.6% 17.4% 16.0% 14.2% 14.0% 13.4%

1 DETROIT, MI MI 8.6% 11.0% 11.4% 16.5% 17.3% 14.3% 15.9% 16.6% 6.5% 7.1% 12.8% 15.0% 16.4% 16.0% 16.6% 17.5%

1 MINNEAPOLIS, MN MN 7.1% 7.2% 12.2% 20.3% 20.4% 21.2% 19.6% 19.4% 10.5% 12.7% 17.6% 20.3% 16.3% 16.5% 16.1% 15.5%

1 ST. LOUIS, MO MO 13.3% 12.3% 14.6% 19.0% 22.0% 20.9% 20.2% 19.2% 6.3% 7.2% 12.5% 13.9% 15.0% 14.6% 13.0% 11.8% 2 KANSAS CITY, CITY MO-KS MO KS MOMO-KS KS 10.2%10 2% 10.2%10 2% 12.5%12 5% 17.9%17 9% 23.3%23 3% 25.9%25 9% 27.8%27 8% 24.8%24 8% 6.5%65% 8.9%89% 13.3%13 3% 20.3%20 3% 20.8%20 8% 19.3%19 3% 17.7%17 7% 17.6%17 6%

1 CHARLOTTE, NC NC 5.1% 3.2% 5.4% 9.5% 10.2% 9.7% 5.2% 4.7% 13.0% 11.8% 17.8% 19.8% 18.9% 20.7% 15.3% 15.7% 2 RALEIGH/DURHAM, NC NC 6.8% 5.1% 9.8% 8.7% 10.3% 10.5% 8.4% 10.6% 6.9% 7.7% 200.0% 21.4% 21.7% 19.7% 17.1% 15.8%

1 LAS VEGAS, NV NV 10.4% 12.0% 12.0% 12.3% 12.3% 17.6% 14.6% 5.9% 10.7% 7.6% 11.1% 12.5% 12.9% 12.2% 8.4% 10.1% 2 RENO, NV NV 13.8% 12.6% 11.3% 12.4% 17.9% 8.5% 12.4% 10.3% 9.4% 13.3% 14.2% 12.3%

1 NEW YORK, NY NY 6.4% 5.4% 10.4% 11.4% 11.8% 10.5% 8.0% 6.5% 8.2% 4.5% 11.4% 14.4% 14.2% 13.6% 11.3% 8.9%

1 CINCINNATI, OH OH 7.6% 6.9% 8.2% 13.4% 13.0% 12.5% 18.0% 18.4% 11.6% 12.9% 16.4% 22.9% 22.4% 25.2% 23.7% 22.7% 2 CLEVELAND, OH OH 15.3% 13.9% 14.0% 22.1% 23.5% 23.9% 21.2% 18.7% 14.9% 15.4% 17.1% 15.4% 18.3% 16.5% 11.6% 12.8% 3 COLUMBUS, OH OH 64%6.4% 74%7.4% 13. 4% 15. 8% 17. 3% 17. 6% 18. 5% 18. 9% 60%6.0% 10. 8% 15. 9% 20. 9% 21. 0% 22. 9% 22. 2% 19. 6%

1 PORTLAND, OR OR 6.3% 5.4% 11.3% 15.1% 12.7% 12.8% 12.7% 11.7% 100.0% 7.9% 12.0% 14.0% 17.3% 14.3% 10.9% 11.7%

1 PHILADELPHIA, PA PA 10.7% 8.8% 12.3% 14.4% 13.0% 12.4% 13.9% 12.4% 7.9% 9.4% 13.2% 13.7% 17.4% 16.1% 15.5% 13.9%

1 CHARLESTON, SC SC 8.0% 9.0% 10.3% 13.3% 11.3% 11.5% 7.6% 16.1% 20.5% 13.5% 10.8% 14.3% 2 COLUMBIA, SC SC 4.6% 10.9% 11.2% 8.9% 14.4% 12.8% 12.4% 7.6% 15.2% 12.4% 21.3% 23.5% 22.4% 19.5% 3 GREENVILLE, SC SC 14.0% 14.3% 13.8% 16.1% 16.3% 10.8% 12.0% 21.0% 19.6% 28.1% 30.7% 28.8% 21.2% 16.2%

1 MEMPHIS, TN TN 25.0% 24.2% 21.2% 21.5% 23.4% 21.4% 19.0% 16.5% 14.5% 12.7% 14.5% 15.6% 15.4% 16.7% 14.5% 15.5% 2 NASHVILLE, TN TN 6.6% 12.0% 14.7% 12.2% 11.9% 15.9% 15.0% 11.2% 8.5% 10.5% 14.8% 16.6% 16.6% 13.4% 11.3% 10.8%

1 DALLAS/FT. WORTH, TX TX 18.9% 19.8% 19.7% 21.6% 22.9% 22.5% 22.3% 21.5% 12.9% 12.3% 15.9% 18.1% 18.8% 17.6% 17.3% 16.5% 2 HOUSTON, TX TX 8.3% 7.9% 9.8% 16.0% 20.9% 21.0% 19.9% 16.3% 11.2% 13.2% 14.2% 14.7% 15.5% 15.2% 14.3% 12.6%

1 SEATTLE/PUGET SOUND, WA WA 2.5% 3.5% 12.6% 14.6% 15.3% 15.2% 12.8% 8.5% 6.7% 5.3% 15.6% 17.5% 17.6% 15.4% 12.0% 10.6%

1 MILWAUKEE, WI WI 15.7% 15.0% 14.5% 9.3% 10.7% 9.9% 11.9% 14.1% 10.9% 9.1% 1.5% 11.9% 10.8% 8.3% 8.9% 12.0%

1 9.4% 6.0% 11.8% 15.3% 15.5% 14.2% 12.5% 13.0% 13.1% 8.8% 11.1% 12.6% 13.6% 12.2% 12.0% 11.8%

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 8 Reggie Middleton's BoomBustBlog.com 02/14/2008

Coiller's Rentals: Office Downtown office rental (per sq feet per annum) SUBURBAN OFFICE RENTAL (per sq feet per annum) Sno Citi State 1999 2000 2001 2002 2003 2004 2005 2006 3Q-2006 3Q-2007 1999 2000 2001 2002 2003 2004 2005 2006 3Q-2006 3Q-2007 1 LITTLE ROCK, AR AR 14.1 14.2 14.8 14.8 15.0 1.4% 17.9 17.9 17.9 18.0 0.6% Averageg 14.1 14.2 14.8 14.8 15.0 17.9 17.9 17.9 18.0

1 PHOENIX, AZ AZ 29.4 22.0 21.8 18.4 17.5 19.4 21.2 21.4 21.7 28.9 33.1% 27.9 24.0 24.0 20.9 20.1 23.0 22.7 23.4 23.5 28.9 23.0% Average 29.4 22.0 21.8 18.4 17.5 19.4 21.2 21.4 21.7 28.9 27.9 24.0 24.0 20.9 20.1 23.0 22.7 23.4 23.5 28.9

1 BAKERSFIELD, CA CA 21.0 16.2 16.2 17.4 17.4 17.4 17.4 17.4 17.4 17.4 0.0% 21.0 18.6 19.2 18.6 19.8 19.8 19.8 19.8 19.8 24.0 21.2% 2 FRESNO, CA CA 19.5 15.6 15.6 18.0 19.2 22.8 23.0 24.0 27.6 27.6 0.0% 23.5 19.2 19.2 16.2 19.2 25.2 26.4 26.4 27.6 27.6 0.0% 3 LOS ANGELES, CA CA 24.0 24.5 24.6 24.0 24.2 25.2 27.7 34.4 35.9 37.1 3.4% 28.0 31.0 30.3 29.0 28.3 29.3 30.1 32.4 33.1 39.6 19.7% 4 LOS ANGELES/ORANGE COUNTY, CA CA 31.1 29.8 27.4 27.9 31.3 34.3 36.4 38.4 5.6% 5 OAKLAND, CA CA 30.0 51.2 37.2 26.7 26.2 24.4 25.7 28.2 30.5 31.9 4.7% 30.0 44.0 35.3 28.2 23.5 24.1 25.4 28.1 28.3 30.5 7.6% 6 PLEASANTON/WALNUT CREEK, CA CA 26.1 25.8 26.9 27.4 27.8 1.3% 22.9 24.4 26.4 26.7 26.9 0.9% 7 SACRAMENTO, CA CA 26.8 28.0 28.0 29.3 29.8 28.9 30.3 30.3 30.7 31.1 1.2% 19.5 21.4 21.7 22.0 23.1 23.5 24.5 25.8 26.1 24.5 -6.0% 8 SAN DIEGO, CA CA 25.8 26.4 28.4 27.2 29.1 31.1 30.4 34.2 34.8 35.1 0.9% 27.0 24.7 23.6 22.5 29.4 32.9 33.6 35.9 36.3 36.7 1.0% 9 SAN FRANCISCO, CA CA 45.1 78.1 40.9 32.0 29.1 31.3 35.4 42.6 45.9 50.6 10.3% 56.1 70.9 37.0 28.5 25.1 24.7 25.7 29.6 37.8 43.4 14.9% 10 SAN JOSE/SILICON VALLEY, CA CA 45.1 60.0 57.1 39.3 32.7 33.0 30.3 30.4 32.5 35.5 9.2% 42.4 84.0 42.2 29.2 25.9 24.8 27.2 32.1 36.2 38.5 6.3% Average 29.7 37.5 31.0 27.1 26.1 26.8 27.7 30.3 31.9 33.3 30.9 39.2 28.6 24.3 24.3 25.2 26.3 28.5 30.2 32.4

1 DENVER,DENVER CO CO 2424.4 4 27.527 5 25.425 4 22.422 4 20.520 5 18.218 2 18.518 5 23.823 8 2525.8 8 2828.8 8 1111.8% 8% 2626.5 5 22.922 9 21.521 5 19.019 0 19.319 3 19.519 5 20.420 4 21.121 1 22.822 8 2323.2 2 18%1.8% Average 24.4 27.5 25.4 22.4 20.5 18.2 18.5 23.8 25.8 28.8 26.5 22.9 21.5 19.0 19.3 19.5 20.4 21.1 22.8 23.2

1 HARTFORD, CT CT 22.0 22.1 22.1 24.2 24.2 24.0 24.3 24.2 24.0 24.2 0.7% 20.0 21.5 20.8 19.9 20.6 20.2 20.1 20.7 20.7 20.8 0.7% Average 22.0 22.1 22.1 24.2 24.2 24.0 24.3 24.2 24.0 24.2 20.0 21.5 20.8 19.9 20.6 20.2 20.1 20.7 20.7 20.8

1 WASHINGTON, DC DC 39.1 39.4 40.8 41.9 42.2 43.2 44.1 46.7 47.1 46.9 -0.4% 30.5 35.0 34.0 28.0 26.8 28.9 30.3 32.5 33.0 34.8 5.4% Average 39.1 39.4 40.8 41.9 42.2 43.2 44.1 46.7 47.1 46.9 30.5 35.0 34.0 28.0 26.8 28.9 30.3 32.5 33.0 34.8

1 FT. LAUDERDALE/BROWARD COUNTY, FL FL 29.0 26.7 25.5 26.2 26.4 26.7 27.4 30.3 31.9 32.6 2.2% 21.5 18.7 24.7 23.7 24.1 23.9 25.1 28.0 28.0 30.1 7.4% 2 JACKSONVILLE, FL FL 18.9 19.6 20.0 19.5 23.0 20.0 20.0 20.0 0.0% 18.0 18.5 18.0 19.8 19.8 20.5 20.5 20.5 0.0% 3 MIAMI/DADE COUNTY, FL FL 28.0 28.0 27.8 28.2 29.6 30.3 30.4 33.1 37.0 39.5 6.7% 27.2 28.0 28.7 29.7 28.9 30.0 34.5 32.6 33.5 2.7% 4 ORLANDO, FL FL 25.2 25.4 25.3 23.6 22.8 21.0 24.0 26.5 26.8 27.9 4.0% 18.0 19.8 20.6 20.3 20.2 19.7 19.0 22.6 22.8 24.2 6.1% 5 TAMPA BAY, FL FL 19.3 19.8 19.7 19.7 19.5 19.9 19.7 20.7 21.3 21.4 0.5% 20.5 21.6 20.6 20.0 20.8 21.0 21.4 23.8 24.2 24.8 2.5% 6 WEST PALM BEACH, FL FL 29.9 28.4 30.3 30.0 27.8 30.2 35.1 37.2 36.6 -1.6% 27.2 28.6 27.6 27.6 25.8 24.8 28.0 29.1 29.1 0.0% Average 25.4 26.0 24.3 24.6 24.7 24.2 25.8 27.6 29.0 29.7 20.0 22.9 23.4 23.1 23.4 23.2 23.3 26.2 26.2 27.0

1 ATLANTA, GA GA 22.2 24.2 24.9 23.5 23.3 21.9 21.7 21.9 21.8 21.2 -2.7% 23.0 23.3 23.8 22.5 21.5 21.4 21.4 22.0 22.3 23.0 3.2% Average 22.2 24.2 24.9 23.5 23.3 21.9 21.7 21.9 21.8 21.2 23.0 23.3 23.8 22.5 21.5 21.4 21.4 22.0 22.3 23.0

1 HONOLULU, HI HI 27.2 27.7 26.5 27.6 27.8 29.4 31.5 34.2 34.5 35.5 2.8% Average 27.2 27.7 26.5 27.6 27.8 29.4 31.5 34.2 34.5 35.5

1 BOISE, ID ID 19.0 18.8 18.9 18.8 18.9 20.0 18.3 18.3 0.1% 17.0 17.0 16.6 17.6 16.9 16.2 18.2 19.6 7.4% Average 19.0 18.8 18.9 18.8 18.9 20.0 18.3 18.3 17.0 17.0 16.6 17.6 16.9 16.2 18.2 19.6

1 CHICAGO, IL IL 34.3 36.0 35.0 32.0 32.0 32.0 34.0 36.0 42.0 40.0 -4.8% 27.0 28.5 29.0 25.0 25.0 22.0 23.6 22.3 21.8 27.8 27.8% Average 34.3 36.0 35.0 32.0 32.0 32.0 34.0 36.0 42.0 40.0 27.0 28.5 29.0 25.0 25.0 22.0 23.6 22.3 21.8 27.8

1 INDIANAPOLIS, IN IN 21.0 21.0 21.5 19.6 19.6 19.6 19.6 19.4 19.5 19.5 0.0% 21.0 23.0 20.8 19.0 19.0 19.0 19.1 19.3 19.3 19.4 0.6% Average 21.0 21.0 21.5 19.6 19.6 19.6 19.6 19.4 19.5 19.5 21.0 23.0 20.8 19.0 19.0 19.0 19.1 19.3 19.3 19.4

1 LOUISVILLE,, KY KY 16.1 20.0 19.4 19.4 19.4 20.0 19.5 19.5 0.0% 17.9 17.5 17.7 18.0 17.6 17.1 17.1 20.0 16.8% Average 16.1 20.0 19.4 19.4 19.4 20.0 19.5 19.5 17.9 17.5 17.7 18.0 17.6 17.1 17.1 20.0

1 BOSTON, MA MA 50.5 72.0 55.3 43.7 38.4 38.2 41.4 46.0 48.5 55.1 13.7% 25.6 38.9 31.0 25.0 21.0 20.8 20.1 24.0 26.0 29.7 14.1% Average 50.5 72.0 55.3 43.7 38.4 38.2 41.4 46.0 48.5 55.1 25.6 38.9 31.0 25.0 21.0 20.8 20.1 24.0 26.0 29.7

1 BALTIMORE, MD MD 25.0 26.5 24.1 21.4 24.3 24.0 23.2 23.8 23.9 24.0 0.5% 23.5 23.7 22.5 18.4 21.3 22.5 24.3 24.6 24.6 24.7 0.5% Average 25.0 26.5 24.1 21.4 24.3 24.0 23.2 23.8 23.9 24.0 23.5 23.7 22.5 18.4 21.3 22.5 24.3 24.6 24.6 24.7

1 DETROIT, MI MI 25.8 27.8 25.8 24.0 21.0 21.5 22.5 22.0 22.5 23.2 3.1% 24.5 24.3 25.3 24.8 23.0 22.0 23.5 23.5 23.5 23.2 -1.1% Average 25.8 27.8 25.8 24.0 21.0 21.5 22.5 22.0 22.5 23.2 24.5 24.3 25.3 24.8 23.0 22.0 23.5 23.5 23.5 23.2

1 MINNEAPOLIS, MN MN 28.4 28.7 27.6 23.5 25.1 26.0 24.7 24.4 26.3 26.2 -0.5% 26.0 27.5 27.0 23.5 27.4 26.3 23.2 24.0 25.8 26.9 4.1% Average 28.4 28.7 27.6 23.5 25.1 26.0 24.7 24.4 26.3 26.2 26.0 27.5 27.0 23.5 27.4 26.3 23.2 24.0 25.8 26.9

1 ST. LOUIS, MO MO 18.5 20.0 19.5 18.8 18.8 18.5 19.3 20.6 20.6 20.6 0.0% 26.3 25.5 24.5 24.5 23.5 23.0 23.0 23.0 23.0 23.0 0.0% 2 KANSAS CITY, MO-KS MO 21.4 21.8 21.0 21.0 20.4 20.4 20.8 20.5 20.5 20.4 -0.6% 23.5 22.4 22.1 21.7 21.5 20.9 20.1 20.6 21.1 22.2 5.0% AAverage 2121.4 4 21.821 8 21.021 0 21.021 0 20.420 4 20.420 4 20.820 8 20.520 5 20.520 5 20.420 4 23.523 5 22.422 4 22.122 1 21.721 7 21.521 5 20.920 9 20.120 1 20.620 6 21.121 1 22.222 2

1 CHARLOTTE, NC NC 28.0 25.3 24.5 22.9 23.8 23.8 21.3 22.8 23.4 23.4 0.0% 24.0 21.8 20.3 20.0 19.3 19.3 19.4 19.7 20.2 20.2 0.0% 2 RALEIGH/DURHAM, NC NC 19.0 18.0 18.0 18.0 18.0 19.0 19.3 20.4 20.9 2.5% 19.5 18.5 18.0 18.0 18.0 19.0 19.8 20.8 21.0 1.2% Average 28.0 22.2 21.3 20.5 20.9 20.9 20.2 21.1 21.9 22.2 24.0 20.7 19.4 19.0 18.7 18.7 19.2 19.8 20.5 20.6

1 LAS VEGAS, NV NV 28.2 29.0 28.0 27.2 28.2 28.8 28.8 39.0 39.6 39.0 -1.5% 26.0 27.5 26.3 27.2 30.1 29.0 29.9 32.2 33.8 33.3 -1.5% Average 28.2 29.0 28.0 27.2 28.2 28.8 28.8 39.0 39.6 39.0 26.0 27.5 26.3 27.2 30.1 29.0 29.9 32.2 33.8 33.3

1 NEW YORK, NY NY 54.0 65.4 61.3 54.7 52.4 57.5 59.6 79.6 59.4 54.5 -8.2% 37.0 46.2 42.5 36.4 33.9 33.6 33.8 48.4 57.5 57.5 Average 54.0 65.4 61.3 54.7 52.4 57.5 59.6 79.6 59.4 54.5 37.0 46.2 42.5 36.4 33.9 33.6 33.8 48.4 57.5 57.5

1 CINCINNATI, OH OH 20.6 20.9 21.3 21.2 21.2 21.0 21.8 21.8 22.3 22.1 -0.9% 22.0 16.3 19.3 19.7 19.8 19.8 19.8 19.8 20.1 19.4 -3.6% 2 CLEVELAND, OH OH 23.0 22.5 21.2 20.0 20.5 20.5 20.9 20.3 20.1 19.7 -1.8% 22.5 23.3 22.0 21.6 20.9 19.1 21.0 21.7 21.3 19.6 -8.1% 3 COLUMBUS, OH OH 22.5 21.7 20.3 18.8 18.8 17.3 16.9 22.1 21.7 -2.0% 19.8 19.8 19.2 18.1 18.2 17.2 16.3 18.3 18.5 1.0% Average 21.8 22.0 21.4 20.5 20.2 20.1 20.0 19.7 21.5 21.2 22.3 19.8 20.4 20.2 19.6 19.0 19.3 19.3 19.9 19.2

1 PORTLAND, OR OR 27.3 25.0 27.0 22.0 21.0 20.1 20.5 21.3 23.3 23.4 0.6% 21.5 23.5 23.0 23.0 21.0 20.6 21.8 21.8 23.5 23.1 -1.7% Average 27.3 25.0 27.0 22.0 21.0 20.1 20.5 21.3 23.3 23.4 21.5 23.5 23.0 23.0 21.0 20.6 21.8 21.8 23.5 23.1

1 PHILADELPHIA, PA PA 25.0 28.4 23.5 23.0 23.3 23.3 23.2 23.7 24.6 25.3 2.7% 25.0 23.5 24.0 23.0 24.3 23.3 22.9 23.0 23.1 24.8 7.4% Average 25.0 28.4 23.5 23.0 23.3 23.3 23.2 23.7 24.6 25.3 25.0 23.5 24.0 23.0 24.3 23.3 22.9 23.0 23.1 24.8

1 CHARLESTON, SC SC 23.8 24.0 24.4 24.3 25.1 27.5 27.2 27.8 27.8 0.0% 19.5 19.1 19.6 23.6 24.5 25.5 25.6 0.4% 2 COLUMBIA, SC SC 18.8 18.5 18.8 18.0 17.8 19.7 19.8 19.7 20.3 20.3 0.0% 16.5 17.0 18.0 18.0 17.5 16.2 17.1 17.8 17.9 17.7 -1.1% 3 GREENVILLE, SC SC 18.8 18.3 18.3 18.3 18.5 18.9 16.5 18.3 18.3 0.0% 17.3 17.3 17.5 16.0 16.8 16.7 18.5 18.6 18.3 -1.4% Average 18.8 20.3 20.4 20.2 20.1 21.1 22.1 21.1 22.1 22.1 16.5 17.1 17.6 18.3 17.5 17.5 19.1 20.3 20.7 20.5

1 MEMPHIS, TN TN 19.0 18.0 18.8 16.6 17.0 16.7 16.6 16.6 16.7 17.0 2.1% 19.0 21.0 18.8 18.9 19.5 20.4 20.5 20.8 21.1 21.0 -0.3% 2 NASHVILLE, TN TN 20.0 19.8 18.5 18.3 18.8 18.8 17.5 20.9 20.9 22.2 6.2% 19.0 19.5 18.5 18.5 18.8 19.0 18.8 20.0 21.1 22.0 4.3% Average 19.5 18.9 18.7 17.5 17.9 17.8 17.1 18.8 18.8 19.6 19.0 20.3 18.7 18.7 19.2 19.7 19.7 20.4 21.1 21.5

1 DALLAS/FT.S/ WORTH, O , TX TX 21.00 22.55 25.050 19.090 18.585 18.585 19.19 19.595 24.55 25.050 2.0%0% 23.030 22.7 23.535 21.00 20.505 20.000 22.00 22.55 26.565 26.565 0.0%00% 2 HOUSTON, TX TX 23.9 26.6 28.1 24.3 22.5 21.3 21.2 23.9 32.5 35.8 10.0% 21.3 21.5 22.0 20.6 20.4 19.8 20.3 22.4 23.2 25.1 8.4% Average 22.5 24.5 26.6 21.6 20.5 19.9 20.1 21.7 28.5 30.4 22.1 22.1 22.7 20.8 20.5 19.9 21.1 22.4 24.8 25.8

1 SEATTLE/PUGET SOUND, WA WA 32.0 37.0 35.0 29.5 26.3 25.8 25.2 27.5 32.1 32.6 1.5% 22.5 24.0 25.0 23.0 22.9 23.6 21.8 26.0 26.7 29.5 10.3% Average 32.0 37.0 35.0 29.5 26.3 25.8 25.2 27.5 32.1 32.6 22.5 24.0 25.0 23.0 22.9 23.6 21.8 26.0 26.7 29.5

1 MILWAUKEE, WI WI - 23.5 23.0 23.0 23.0 22.0 22.0 22.0 22.0 22.0 0.0% 0.0 21.5 21.0 21.0 21.0 21.0 21.0 21.0 21.0 21.0 0.0% Average 23.5 23.0 23.0 23.0 22.0 22.0 22.0 22.0 22.0 0.0 21.5 21.0 21.0 21.0 21.0 21.0 21.0 21.0 21.0

1 NEW JERSEY NJ 29.0 26.9 24.3 23.5 24.0 25.5 25.3 25.5 26.0 26.4 1.7% 29.0 29.0 30.0 25.0 28.7 27.1 27.4 28.2 28.3 28.5 0.8% Average 29.0 26.9 24.3 23.5 24.0 25.5 25.3 25.5 26.0 26.4 29.0 29.0 30.0 25.0 28.7 27.1 27.4 28.2 28.3 28.5

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 9 Reggie Middleton's BoomBustBlog.com 02/14/2008

Collier's Retail Rental Retail Office Downtown Office Suburban Vacancy S.no Property City Zip State Representative city Property Type 3Q 2007 3Q 2007 31-Dec-07 31-Dec-07 31-Dec-06 1 Century Plaza Birmingham, AL 35210 AL Birmingham, AL 2 Riverchase Galleria Hoover,AL 35244 AL Hoover,AL 3 The Pines Pine Bluff, AR 71601 AR Pine Bluff, AR 4 Pinnacle Hills Promenade Rogers,AR 72758 AR Rogers,AR 5 Woodlands Village Flagstaff, AZ 86001 AZ Flagstaff, AZ 6 Park West Peoria,AZ 85345 AZ Peoria,AZ 7 Arizona Center Phoenix, AZ 85004 AZ Phoenix, AZ Neighborhood Center $18 $29 $29 6.3 6.1 8 Mall At Sierra Vista Sierra Vista, AZ 0 AZ Sierra Vista, AZ 9 Tucson Mall Tucson, AZ 85705 AZ Tucson, AZ 10 Park Place Tucson, AZ 85711 AZ Tucson, AZ 11 Anaheim Crossing Anaheim, CA 92668 CA Anaheim, CA 12 Valley Plaza Mall Bakersfield, CA 93304 CA Bakersfield, CA $17 $24 13 Burbank Town Center Burbank,CA 91502 CA Burbank,CA 14 Chico Mall Chico, CA 95928 CA Chico, CA 15 Chula Vista Center Chula Vista,CA 91910 CA Chula Vista,CA 16 Otay Ranch Town Center Chula Vista,CA 91915 CA Chula Vista,CA 17 Elk Grove Promenade Elk Grove,CA 95624 CA Elk Grove,CA 18 Bayshore Mall Eureka, CA 95501 CA Eureka, CA 19 Palladio at Broadstone Folsom,CA 95630 CA Folsom,CA 20 Glendale Galleria Glendale,CA 91210 CA Glendale,CA 21 Southland Mall Hayward, CA 94545 CA Hayward, CA 22 Montclair Plaza Montclair,CA 91763 CA Montclair,CA 23 Moreno Valley Mall Moreno Valley,CA 92553 CA Moreno Valley,CA 24 NewPark Mall Newark,CA 94560 CA Newark,CA 25 Northridge Fashion Center Northridge, CA 91324 CA Northridge, CA 26 Redlands Mall Redlands, CA 92373 CA Redlands, CA 27 Galleria at Tyler Riverside,CA 92503 CA Riverside,CA 28 Stonestown Galleria San Francisco, CA 94132 CA San Francisco, CA $51 $43 29 Eastridge Mall San Jose, CA 82609 CA SAN JOSE/SILICON VALLEY, CA Power centre $30 $36 $39 3.1 2.7 30 West Valley Mall Tracy, CA 95304 CA Tracy, CA 31 Visalia Mall Visalia, CA 93277 CA Visalia, CA 32 Fallbrook Center West Hills, CA 91307 CA West Hills, CA 33 Austin Bluffs Plaza Colorado Springs, CO 80918 CO Colorado Springs, CO 34 Chapel Hills Mall Colorado Springs, CO 80920 CO Colorado Springs, CO 35 Foothills Mall Fort Collins, CO 80525 CO Fort Collins, CO 36 Southwest Plaza Littleton, CO 80123 CO Littleton, CO 37 Park Meadows Lone Tree,CO 80124 CO Lone Tree,CO 38 Brass Mill Center Waterbury,CT 6706 CT Waterbury,CT 39 Christiana Mall Newark,DE 19702 DE Newark,DE 40 Altamonte Mall Altamonte Springs,FL 32701 FL Altamonte Springs,FL 41 Mizner Park Boca Raton,FL 33432 FL Boca Raton,FL 42 Regency Square Mall Jacksonville, FL 32225 FL Jacksonville, FL Power centre $24 $20 $21 5.9 5.9 43 Eagle Ridge Mall Lake Wales, FL 33859 FL Lake Wales, FL 44 Lakeland Square Lakeland,FL 33809 FL Lakeland,FL 45 Bayside Marketplace Miami, FL 33132 FL Miami, FL Power centre $30 5 4.6 46 Kendall Town Center Miami,FL 65432 FL Miami,FL 47 Coastland Center Naples, FL 34102 FL Naples, FL 48 Oviedo Marketplace Orlando, FL 32765 FL Orlando, FL Power centre $30 $28 $24 5.5 5 49 Festival Bay Mall at International DOrlando,FL 32819 FL Orlando,FL 50 Pembroke Lakes Mall Pembroke Pines,FL 33026 FL Pembroke Pines,FL 51 Governor's Square Tallahassee, FL 32301 FL Tallahassee, FL 52 North Point Mall Alpharetta,GA 30022 GA Alpharetta,GA 53 Cumberland Mall Atlanta, GA 30339 GA Atlanta, GA Power centre $22 $21 $23 8.5 8 54 Perimeter Mall Atlanta,GA 30346 GA Atlanta,GA 55 Augusta Mall Augusta, GA 30909 GA Augusta, GA 56 Peachtree Mall Columbus, GA 31909 GA Columbus, GA 57 Southlake Mall Morrow, GA 30260 GA Morrow, GA 58 Oglethorpe Mall Savannah, GA 31406 GA Savannah, GA 59 Prince Kuhio Hilo, HI 96720 HI Hilo, HI 60 Ala Moana Center Honolulu, HI 96814 HI Honolulu, HI Power centre $48 $36 $0 3.2 2.2 61 Ward Centers Honolulu, HI 96814 HI Honolulu, HI Power centre $48 $36 $0 3.2 2.2 62 Queen Ka'ahumanu Center Kahului,HI 96732 HI Kahului,HI 63 Queens' MarketPlace Waikoloa Beach Resort,HI 96738 HI Waikoloa Beach Resort,HI 646 Kings'gs Shops S ops Waikoloa,HIa o oa, 9673896 38 HI Waikoloa,HIa o oa, 65 Coral Ridge Mall Coralville, IA 52241 IA Coralville, IA 66 Mall Of The Bluffs Council Bluffs, IA 51503 IA Council Bluffs, IA 67 Jordan Creek Town Center West Des Moines, IA 50266 IA West Des Moines, IA 68 Boise Plaza Boise, ID 83704 ID Boise, ID Community Centre $22 $18 $20 6.5 7.4 69 Boise Towne Square Boise, ID 83704 ID Boise, ID Power centre $15 $18 $20 6.5 7.4 70 Boise Towne Plaza Boise, ID ID Boise, ID $18 $20 71 Silver Lake Mall Coeur d'Alene, ID 83815 ID Coeur d'Alene, ID 72 Grand Teton Plaza Idaho Falls, ID 0 ID Idaho Falls, ID 73 Yellowstone Square Idaho Falls, ID 83401 ID Idaho Falls, ID 74 Grand Teton Mall Idaho Falls, ID 83404 ID Idaho Falls, ID 75 Alameda Plaza Pocatello, ID 83201 ID Pocatello, ID 76 Pine Ridge Mall Pocatello, ID 83202 ID Pocatello, ID 77 Twin Falls Crossing Twin Falls, ID 83301 ID Twin Falls, ID 78 Market Place Shopping Center Champaign, IL 61820 IL Champaign, IL 79 Ford City Mall Chicago,IL 60652 IL CHICAGO, IL $40 $28 80 Lincolnshire Commons Lincolnshire, IL 60069 IL Lincolnshire, IL 81 Golf Mill Shopping Center Niles,IL 60714 IL Niles,IL 82 Northbrook Court Northbrook,IL 60062 IL Northbrook,IL 83 Oakbrook Center Oak Brook,IL 60523 IL Oak Brook,IL 84 Spring Hill Mall West Dundee, IL 60118 IL West Dundee, IL 85 River Falls Mall Clarksville, IN 47129 IN Clarksville, IN 86 Glenbrook Square Fort Wayne, IN 46805 IN Fort Wayne, IN 87 Prairiefire at LionsGate Overland Park,KS 66223 KS Overland Park,KS 88 Greenwood Mall Bowling Green, KY 42104 KY Bowling Green, KY 89 Florence Mall Florence,KY 41042 KY Florence,KY 90 Mall St. Matthews Louisville, KY 40207 KY Louisville, KY Power centre $20 $20 NA NA 91 Oxmoor Center Louisville, KY 40222 KY Louisville, KY Power centre $20 $20 NA NA 92 Alexandria Mall Alexandria,LA 71301 LA Alexandria,LA 93 Mall Of Louisiana Baton Rouge, LA 70836 LA Baton Rouge, LA 94 Pierre Bossier Mall Bossier City, LA 71111 LA Bossier City, LA 95 Oakwood Center Gretna, LA 70056 LA Gretna, LA 96 Riverlands Shopping Center LaPlace, LA 70068 LA LaPlace, LA 97 Pecanland Mall Monroe, LA 71203 LA Monroe, LA 98 Riverwalk Marketplace New Orleans, LA 70130 LA New Orleans, LA 99 Mall St. Vincent Shreveport, LA 71104 LA Shreveport, LA 100 Natick Collection Natick,MA 1760 MA Natick,MA 101 Metro Plaza Baltimore, MD 0 MD Baltimore, MD $24 $25 NA NA 102 The Gallery At Harborplace Baltimore, MD 0 MD Baltimore, MD Neighborhood Center $24 $25 NA NA 103 Village of Cross Keys Retail Baltimore, MD 0 MD Baltimore, MD Neighbourhood centre $24 $25 NA NA 104 Harborplace Baltimore, MD 21202 MD Baltimore, MD Neighborhood Center $24 $25 NA NA 105 Mondawmin Mall Baltimore, MD 21215 MD Baltimore, MD Community Centre $24 $25 NA NA 106 White Marsh Mall Baltimore, MD 21236 MD Baltimore, MD Power centre $24 $25 NA NA 107 Faneuil Hall Marketplace Boston, MD 2109 MD Boston, MD NA NA 108 The Mall In Columbia Columbia, MD 21044 MD Columbia, MD 109 Laurel Commons Laurel,MD 20707 MD Laurel,MD 110 Owings Mills Mall Owing Mills, MD 21117 MD Owing Mills, MD NA NA 111 The Maine Mall South Portland, ME 4106 ME South Portland, ME 112 Adrian Mall Adrian, MI 49221 MI Adrian, MI 113 Lakeview Square Battle Creek, MI 49015 MI Battle Creek, MI 114 Bay City Mall Bay City,MI 48706 MI Bay City,MI 115 Centerpointe Mall Grand Rapids,MI 49512 MI Grand Rapids,MI 116 Rivertown Crossings Grandville, MI 49418 MI Grandville, MI 117 Westwood Mall Jackson, MI 49202 MI Jackson, MI 118 Lansing Mall Lansing, MI 48917 MI Lansing, MI 119 Birchwood Mall Port Huron, MI 48059 MI Port Huron, MI 120 The Crossroads Portage, MI 49024 MI Portage, MI 121 Lakeside Mall Sterling Heights, MI 48313 MI Sterling Heights, MI 122 Southland Center Taylor, MI 48180 MI Taylor, MI 123 Grand Traverse Mall Traverse City, MI 49684 MI Traverse City, MI 124 Eden Prairie Center Eden Prairie, MN 55344 MN Eden Prairie, MN 125 River Hills Mall Mankato, MN 56001 MN Mankato, MN 126 Ridgedale Center Minnetonka, MN 55305 MN Minnetonka, MN 127 Apache Mall Rochester, MN 55902 MN Rochester, MN 128 Crossroads Center St. Cloud, MN 56301 MN St. Cloud, MN 129 Knollwood Mall St. Louis Park, MN 55426 MN St. Louis Park, MN 130 Columbia Mall Columbia, MO 65203 MO Columbia, MO 131 Capital Mall Jefferson City, MO 65109 MO Jefferson City, MO 132 Lindbergh Town Center St. Ann,MO 63074 MO St. Ann,MO 133 Saint Louis Galleria St. Louis, MO 63117 MO St. Louis, MO $21 $23 134 The Streets At Southpoint Durham, NC 27713 NC Durham, NC 135 Four Seasons Town Centre Greensboro, NC 27427 NC Greensboro, NC 136 Valley Hills Mall Hickory, NC 28602 NC Hickory, NC 137 Carolina Place Pineville,NC 28134 NC Pineville,NC 138 Oak View Mall Omaha, NE 68144 NE Omaha, NE 139 Bridgewater Commons Bridgewater,NJ 8807 NJ Bridgewater,NJ 140 Paramus Park Paramus, NJ 7652 NJ Paramus, NJ

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 10 Reggie Middleton's BoomBustBlog.com 02/14/2008

141 Willowbrook Wayne, NJ 7470 NJ Wayne, NJ 142 Woodbridge Center Woodbridge, NJ 7095 NJ Woodbridge, NJ 143 Coronado Center Albuquerque, NM 87110 NM Albuquerque, NM 144 North Plains Mall Clovis, NM 88101 NM Clovis, NM 145 Animas Valley Mall Farmington, NM 87402 NM Farmington, NM 146 Rio West Mall Gallup, NM 87301 NM Gallup, NM 147 Fremont Plaza Las Vegas, NV 89107 NV Las Vegas, NV Community Centre $24 $39 $33 5.2 5 148 Meadows Mall Las Vegas, NV 89107 NV Las Vegas, NV Power centre $28 $39 $33 5.2 5 149 Fashion Show Las Vegas, NV 89109 NV Las Vegas, NV Power centre $28 $39 $33 5.2 5 150 The Grand Canal Shoppes Las Vegas, NV 89109 NV Las Vegas, NV Power centre $28 $39 $33 5.2 5 151 Canyon Point Village Center Las Vegas, NV 89135 NV Las Vegas, NV Community Centre $24 $39 $33 5.2 5 152 The Boulevard Mall Las Vegas, NV 89169 NV Las Vegas, NV Power centre $28 $39 $33 5.2 5 153 Plaza 800 Sparks, NV 89431 NV Sparks, NV 5.2 5 154 Lockport Mall Lockport, NY 14094 NY Lockport, NY 155 South Street Seaport New York, NY 10038 NY New York, NY Power centre $55 $58 NA NA 156 Staten Island Mall Staten Island, NY 10314 NY Staten Island, NY 157 Beachwood Place Beachwood, OH 44122 OH Beachwood, OH 158 Kenwood Towne Centre Cincinnati,OH 45236 OH Cincinnati,OH 159 Colony Square Mall Zanesville, OH 43701 OH Zanesville, OH 160 Sooner Mall Norman, OK 73072 OK Norman, OK 161 Quail Springs Mall Oklahoma City,OK 73134 OK Oklahoma City,OK 162 Bailey Hills Village Eugene, OR 97402 OR Eugene, OR 163 Halsey Crossing Gresham, OR 97230 OR Gresham, OR 164 Rogue Valley Mall Medford, OR 97501 OR Medford, OR 165 Pioneer Place Portland, OR 97204 OR Portland, OR Power centre $25 $23 $23 4.8 5.1 166 Division Crossing Portland, OR 97236 OR Portland, OR Community Centre $21 $23 $23 4.8 5.1 167 Clackamas Town Center Portland,OR 97086 OR Portland, OR $23 $23 168 Salem Center Salem, OR 97301 OR Salem, OR 169 Gateway Mall Springfield, OR 97477 OR Springfield, OR 170 Neshaminy Mall Bensalem,PA 19020 PA Bensalem,PA 171 Park City Center Lancaster, PA 17601 PA Lancaster, PA 172 Providence Place Providence, RI 2903 RI Providence, RI 173 Columbiana Centre Columbia,SC 29212 SC Columbia,SC 174 Northgate Mall Chattanooga, TN 37415 TN Chattanooga, TN 175 Kingsport Town Center Kingsport,TN 37660 TN Kingsport,TN 176 Highland Mall Austin,TX 78752 TX Austin,TX 177 Galleria Dallas Dallas,TX 75240 TX DALLAS/FT. WORTH, TX Power centre $18 $27 178 Hulen Mall Fort Worth, TX 76132 TX DALLAS/FT. WORTH, TX Power centre $18 $25 $27 11 11 179 Baybrook Mall Friendswood, TX 77546 TX Friendswood, TX 180 Deerbrook Mall Humble,TX 77338 TX Humble,TX 181 Town East Mall Mesquite, TX 75150 TX Mesquite, TX 182 Collin Creek Plano, TX 75075 TX Plano, TX 183 North Star Mall San Antonio, TX 78216 TX San Antonio, TX 184 The Shops At La Cantera San Antonio, TX 78256 TX San Antonio, TX 185 First Colony Mall Sugar Land,TX 77479 TX Sugar Land,TX 186 Sikes Senter Wichita Falls, TX 76308 TX Wichita Falls, TX 187 Gateway Crossing Shopping CentBountiful, UT 84010 UT Bountiful, UT 188 Cache Valley Marketplace Logan, UT 84321 UT Logan, UT 189 Cache Valley Mall Logan, UT 84341 UT Logan, UT 190 Fort Union Midvale, UT 84047 UT Midvale, UT 191 Fashion Place Murray, UT 84107 UT Murray, UT 192 Country Hills Plaza Ogden, UT 84403 UT Ogden, UT 193 Newgate Mall Ogden,UT 84405 UT Ogden,UT 194 Orem Plaza Center Street Orem, UT 84057 UT Orem, UT 195 Orem Plaza State Street Orem, UT 84057 UT Orem, UT 196 University Crossing Orem, UT 84058 UT Orem, UT 197 Provo Towne Centre Provo, UT 84601 UT Provo, UT 198 Riverside Plaza Provo, UT 84604 UT Provo, UT 199 North Temple Shops Salt Lake City, UT 84116 UT Salt Lake City, UT 200 Cottonwood Mall Salt Lake City, UT 84117 UT Salt Lake City, UT 201 Cottonwood Square Salt Lake City, UT 84117 UT Salt Lake City, UT 202 Plaza 9400 Sandy, UT 84094 UT Sandy, UT 203 Red Cliffs Mall St. George, UT 84790 UT St. George, UT 204 Red Cliffs Plaza St. George, UT 84790 UT St. George, UT 205 River Pointe Plaza West Jordan, UT 84088 UT West Jordan, UT 20606 Landmarkad a Mall a Alexandria,eada, VA 2230430 VA Alexandria,eada, VA 207 Piedmont Mall Danville, VA 24540 VA Danville, VA 208 Lynnhaven Mall Virginia Beach, VA 23452 VA Virginia Beach, VA 209 Burlington Town Center Burlington, VT 5401 VT Burlington, VT 210 Southshore Mall Aberdeen, WA 98520 WA Aberdeen, WA 211 Bellis Fair Bellingham, WA 98226 WA Bellingham, WA 212 Three Rivers Mall Kelso, WA 98626 WA Kelso, WA 213 Alderwood Lynnwood,WA 98037 WA Lynnwood,WA 214 Westlake Center Seattle, WA 98101 WA SEATTLE/PUGET SOUND, WA Neighbourhood centre $21 $33 $30 3.9 3.3 215 North Town Mall Spokane, WA 99207 WA Spokane, WA 216 Spokane Valley Plaza Spokane, WA 99209 WA Spokane, WA 217 Spokane Valley Mall Spokane, WA 99216 WA Spokane, WA 218 Fox River Mall Appleton, WI 54913 WI Appleton, WI 219 Oakwood Mall Eau Claire, WI 54701 WI Eau Claire, WI 220 Mayfair Wauwatosa, WI 53226 WI Wauwatosa, WI 221 Eastridge Mall Casper, WY 82609 WY Casper, WY 222 White Mountain Mall Rock Springs, WY 82901 WY Rock Springs, WY 223 The Mall at Sierra Vista Sierra Vista 224 SouthBay Pavilion Carson 225 The Shops at Tanforan San Bruno 226 Eastridge (CA) San Jose, CA 227 The Shoppes at Buckland Hills Manchester 228 Village of Merrick Park Coral Gables 229 The Oaks Mall Gainesville 230 West Oaks Mall Ocoee 231 University Mall Tampa 232 Windward Mall Kaneohe 233 Whalers Village Lahaina 234 Westdale Mall Cedar Rapids 235 Baskin Robbins Idaho Falls 236 Water Tower Place Chicago 237 Swansea Mall Swansea 238 Silver City Galleria Taunton 239 The Village of Cross Keys Baltimore 240 Towson Town Center Towson 241 The Mercantile Exchange St. Louis 242 The Bridges at Mint Hill Mint Hill (Charlotte) 243 Westroads Mall Omaha 244 Steeplegate Mall oncord 245 Center Pointe Plaza (Summerlin) Las Vegas 246 Trails Village Center (Summerlin) Las Vegas 247 Lake Mead at Buffalo Las Vegas 248 Summerlin Centre Las Vegas 249 The Shoppes at the Palazzo Las Vegas 250 St. Lawrence Centre Massena 251 The Shops at Fallen Timbers Maumee 252 Washington Park Mall Bartlesville 253 Stones River Mall Murfreesboro 254 The Parks at Arlington Arlington 255 Stonebriar Centre Frisco 256 Willowbrook Mall Houston 257 Vista Ridge Mall Lewisville 258 The Woodlands Mall The Woodlands 259 The Shops at Circle T Ranch Westlake (Dallas/Fort Worth) 260 Provo Plaza Provo 261 Tysons Galleria McLean 262 The Shops at Georgetown Park Washington 263 Whaler's Village Lahaina, HI 264 Natick Mall Natick (Boston), MA 265 Lake Mead & Buffalo Partners Vill Las Vegas, NV 266 The Trails Village Center Las Vegas, NV

268 Via Parque Shopping Rio de Janeiro, Rio de Janeir N/A 269 Shopping Taboao Taboao da Serra, Sao Paulo N/A 270 Superstition Springs Center East Mesa (Phoenix), AZ 271 Arrowhead Towne Center Glendale, AZ 272 Shopping Leblon Rio de Janeiro, Rio de Janeir N/A 273 Shopping Iguatemi Salvador Salvador, Bahia N/A 274 Shopping Iguatemi Campina GranCampina Grande, Paraiba N/A

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 11 Reggie Middleton's BoomBustBlog.com 02/14/2008

CB Richard Ellis http://www.cbre.com/USA/Property+Listings/Properties+for+Lease.htm Property 1 Property 2 Building Rentable Rent per Building Rentable Rent per Weight 1 Weight 2 Average rent S.no Property City ZIP Code State Zip size sq feet sq feet Zip size sq feet sq feet 1 Century Plaza Birmingham, AL 35210 AL N/A N/A N/A 2 Riverchase Galleria Hoover,AL 35244 AL N/A N/A N/A 3 The Pines Pine Bluff, AR 71601 AR N/A N/A N/A 4 Pinnacle Hills Promenade RoRogersgers,AR 72758 AR N/A N/A N/A 5 Woodlands Village Flagstaff, AZ 86001 AZ N/A N/A N/A 6 Park West Peoria,AZ 85345 AZ N/A N/A N/A 7 Arizona Center Phoenix, AZ 85004 AZ 85012 36,805 10,906 $34.0 100% 0% $34 8 Mall At Sierra Vista Sierra Vista, AZ 500 AZ N/A N/A N/A 9 Tucson Mall Tucson, AZ 85705 AZ N/A N/A N/A 10 Park Place Tucson, AZ 85711 AZ N/A N/A N/A 11 Anaheim Crossing Anaheim, CA 92668 CA N/A N/A N/A 12 Valley Plaza Mall Bakersfield, CA 93304 CA 93311 81,600 81,600 $30.0 93309 7,650 5,150 $27.0 42% 58% $28 13 Burbank Town Center Burbank,CA 91502 CA N/A N/A N/A 14 Chico Mall Chico, CA 95928 CA N/A N/A N/A 15 Chula Vista Center Chula Vista,CA 91910 CA N/A N/A N/A 16 Otay Ranch Town Center Chula Vista,CA 91915 CA N/A N/A N/A 17 Elk Grove Promenade Elk Grove,CA 95624 CA N/A N/A N/A 18 Bayshore Mall Eureka, CA 95501 CA N/A N/A N/A 19 Palladio at Broadstone Folsom,CA 95630 CA N/A N/A N/A 20 Glendale Galleria Glendale,CA 91210 CA N/A N/A N/A 21 Southland Mall Hayward, CA 94545 CA N/A N/A N/A 22 Montclair Plaza Montclair,CA 91763 CA N/A N/A N/A 23 Moreno Valleyy Mall Moreno Valley,CAy, 92553 CA N/N/AA N/N/AA N/N/AA 24 NewPark Mall Newark,CA 94560 CA N/A N/A N/A 25 Northridge Fashion Center Northridge, CA 91324 CA N/A N/A N/A 26 Redlands Mall Redlands, CA 92373 CA N/A N/A N/A 27 Galleria at Tyler Riverside,CA 92503 CA 92503 10,752 10,752 $30.0 100% 0% $30 28 Stonestown Galleria San Francisco, CA 94132 CA 94066 440 440 $32.7 100% 0% $33 29 Eastridge Mall San Jose, CA 82609 CA 95135 20,810 1,558 $27.5 95113 1,386 1,386 $19.8 50% 50% $24 30 West Valley Mall Tracy, CA 95304 CA N/A N/A N/A 31 Visalia Mall Visalia, CA 93277 CA N/A N/A N/A 32 Fallbrook Center West Hills, CA 91307 CA N/A N/A N/A 33 Austin Bluffs Plaza Colorado Springs, CO 80918 CO 80903 184,410 23,387 $12.0 80918 103,550 11,200 $8.5 0% 100% $9 34 Chapel Hills Mall Colorado Springs, CO 80920 CO 80903 3,800 1,400 $22.0 100% 0% $22 35 Foothills Mall Fort Collins, CO 80525 CO 80528 66,000 66,000 $30.9 80528 18,000 18,000 $30.0 50% 50% $30 36 Southwest Plaza Littleton, CO 80123 CO N/A N/A N/A 37 Park Meadows Lone Tree,CO #N/A CO N/A N/A N/A 38 Brass Mill Center Waterbury,CT 6706 CT 6701 22,258 4,705 $15.0 100% 0% $15 39 Christiana Mall Newark,DE 19702 DE 19702 4,000 4,000 $13.5 19711 25,000 5,455 $14.0 100% 0% $14 40 Altamonte Mall Altamonte Springs,FL 32701 FL N/A N/A N/A 41 Mizner Park Boca Raton,FL 33432 FL 33432 103,108 16,399 $22.0 33432 163,818 31,968 $25.0 50% 50% $24 42 Regencygyq Square Mall Jacksonville,, FL 32225 FL 32225 57,5305 ,530 14,216,6 $15.0$50 32221 62,9976 ,99 1,200,00 $20.0$00 100%00% 0% $15$5 43 Eagle Ridge Mall Lake Wales, FL 33859 FL N/A N/A N/A 44 Lakeland Square Lakeland,FL 33809 FL 33836 96,600 69,500 $35.0 100% 0% $35 45 Bayside Marketplace Miami, FL 33132 FL 33130 20,162 20,162 $35.0 33131 592,992 22,888 $45.0 33% 67% $42 46 Kendall Town Center Miami,FL 65432 FL N/A N/A N/A 47 Coastland Center Naples, FL 34102 FL 34102 34,000 34,000 $60.0 34102 25,980 24,975 $45.0 50% 50% $53 48 Oviedo Marketplace Orlando, FL 32765 FL 32825 75,000 75,000 $27.0 32801 75,000 52,456 $37.5 38% 63% $34 49 Festival Bay Mall at International Driv Orlando,FL 32819 FL 32819 115,779 16,049 $28.0 32819 16,072 851 $24.5 50% 50% $26 50 Pembroke Lakes Mall Pembroke Pines,FL 33026 FL N/A N/A N/A 51 Governor's Square Tallahassee, FL 32301 FL 32301 4,281 4,281 $22.0 100% 0% $22 52 North Point Mall Alpharetta,GA 30022 GA N/A N/A N/A 53 Cumberland Mall Atlanta, GA 30339 GA 30339 301,705 49,454 $23.5 30309 414,952 43,528 $21.5 100% 0% $24 54 Perimeter Mall Atlanta,GA 30346 GA 30346 386,675 78,142 $23.0 30338 180,840 6,356 $20.5 100% 0% $23 55 Augusta Mall Augusta, GA 30909 GA N/A N/A N/A 56 Peachtree Mall Columbus, GA 31909 GA N/A N/A N/A 57 Southlake Mall Morrow, GA 30260 GA N/A N/A N/A 58 Oglethorpe Mall Savannah, GA 31406 GA N/A N/A N/A 59 Prince Kuhio Hilo, HI 96720 HI 96720 231,279 3,065 $51.0 100% 0% $51 60 Ala Moana Center Honolulu, HI 96814 HI 96814 116,604 2,565 $21.0 96814 9,588 9,588 $15.0 50% 50% $18 61 Ward Centers Honolulu,, HI 96814 HI 96814 116,604, 2,565, $21.0$ 96814 9,588, 9,588, $15.0$ 50% 50% $18$ 62 Queen Ka'ahumanu Center Kahului,HI 96732 HI N/A N/A N/A 63 Queens' MarketPlace Waikoloa Beach Resort,HI 96738 HI N/A N/A N/A 64 Kings' Shops Waikoloa,HI 96738 HI N/A N/A N/A 65 Coral Ridge Mall Coralville, IA 52241 IA N/A N/A N/A 66 Mall Of The Bluffs Council Bluffs, IA 51503 IA 51503 8,400 1,050 $12.5 51501 9,000 1,680 $13.5 100% 0% $13 67 Jordan Creek Town Center West Des Moines, IA 50266 IA 50266 5,184 1,800 $24.0 50266 36,000 6,052 $20.0 50% 50% $22 68 Boise Plaza Boise, ID 83704 ID N/A N/A N/A 69 Boise Towne Square Boise, ID 83704 ID N/A N/A N/A 70 Boise Towne Plaza Boise, ID #N/A ID N/A N/A N/A 71 Silver Lake Mall Coeur d'Alene, ID 83815 ID N/A N/A N/A 72 Grand Teton Plaza Idaho Falls, ID 0 ID N/A N/A N/A 73 Yellowstone Square Idaho Falls, ID 83401 ID N/A N/A N/A 74 Grand Teton Mall Idaho Falls, ID 83404 ID N/A N/A N/A 75 Alameda Plaza Pocatello, ID 83201 ID N/A N/A N/A 76 Pine Ridge Mall Pocatello, ID 83202 ID N/A N/A N/A 77 Twin Falls Crossing Twin Falls, ID 83301 ID N/A N/A N/A 78 Market Place Shopping Center Champaign, IL 61820 IL N/A N/A N/A 79 Ford City Mall Chicago,IL 60652 IL 60652 12,000 4,000 $20.0 100% 0% $20 80 Lincolnshire Commons Lincolnshire, IL 60069 IL N/A N/A N/A 81 Golf Mill Shopping Center Niles,IL 60714 IL N/A N/A N/A 82 Northbrook Court Northbrook,IL 60062 IL N/A N/A N/A 83 Oakbrook Center Oak Brook,IL #N/A IL N/A N/A N/A 84 Spring Hill Mall West Dundee, IL 60118 IL N/A N/A N/A 85 River Falls Mall Clarksville, IN 47129 IN 47129 154,285 29,777 $14.9 100% 0% $15 86 Glenbrook Square Fort Wayne, IN 46805 IN 46805 10,500 1,938 $24.0 100% 0% $24 87 Prairiefire at LionsGate Overland Park,KS 66223 KS N/A N/A N/A 88 Greenwood Mall Bowling Green, KY 42104 KY N/A N/A N/A 89 Florence Mall Florence,KY 41042 KY N/A N/A N/A 90 Mall St. Matthews Louisville, KY 40207 KY 40207 350,000 17,130 $26.9 40207 133,000 11,130 $19.3 50% 50% $23 91 Oxmoor Center Louisville, KY 40222 KY 40222 139,661 3,871 $18.0 100% 0% $18 92 Alexandria Mall Alexandria,LA 71301 LA N/A N/A N/A 93 Mall Of Louisiana Baton Rouge, LA 70836 LA N/A N/A N/A 94 Pierre Bossier Mall Bossier City, LA 71111 LA N/A N/A N/A 95 Oakwood Center Gretna, LA 70056 LA N/A N/A N/A 96 Riverlands Shopping Center LaPlace, LA 70068 LA N/A N/A N/A 97 Pecanland Mall Monroe, LA 71203 LA N/A N/A N/A 98 Riverwalk Marketplace New Orleans, LA 70130 LA 70130 30,000 13,000 $11.0 100% 0% $11 99 Mall St. Vincent Shreveport, LA 71104 LA N/A N/A N/A 100 Natick Collection Natick,MA 1760 MA N/A N/A N/A 101 Metro Plaza Baltimore, MD 0 MD 21202 279,712 7,328 $32.0 21202 254,682 51,828 $32.5 50% 50% $32 102 The Gallery At Harborplace Baltimore, MD 0 MD 21202 279,712 7,328 $32.0 21202 254,682 51,828 $32.5 50% 50% $32 103 Village of Cross Keys Retail Baltimore, MD 0 MD 21202 279,712 7,328 $32.0 21202 254,682 51,828 $32.5 50% 50% $32 104 Harborplace Baltimore, MD 21202 MD 21202 279,712 7,328 $32.0 21202 254,682 51,828 $32.5 50% 50% $32 105 Mondawmin Mall Baltimore, MD 21215 MD 21202 279,712 7,328 $32.0 21202 254,682 51,828 $32.5 50% 50% $32 106 White Marsh Mall Baltimore, MD 21236 MD 21201 368,194 14,781 $27.5 21224 390,986 364,662 $31.5 26% 74% $30 107 Faneuil Hall Marketplace Boston, MD 2109 MD N/A N/A N/A 108 The Mall In Columbia Columbia, MD 21044 MD 21044 137,643 24,389 $25.5 100% 0% $26 109 Laurel Commons Laurel,MD 20707 MD N/A N/A N/A 110 Owings Mills Mall Owing Mills, MD 21117 MD N/A N/A N/A 111 The Maine Mall South Portland, ME 4106 ME 4106 1,350 1,350 $29.6 4106 15,700 3,480 $23.0 50% 50% $26 112 Adrian Mall Adrian, MI 49221 MI N/A N/A N/A 113 Lakeview Square Battle Creek, MI 49015 MI N/A N/A N/A 114 Bay City Mall Bay City,MI 48706 MI N/A N/A N/A 115 Centerpointe Mall Grand Rapids,MI 49512 MI 49512 16,870 $12.5 49508 2,000 2,000 $18.0 100% 0% $13 116 Rivertown Crossings Grandville, MI 49418 MI 49418 118,000 68,874 $15.0 49418 7,000 2,462 $14.6 50% 50% $15 117 Westwood Mall Jackson, MI 49202 MI N/A N/A N/A 118 Lansing Mall Lansing, MI 48917 MI 48917 13,098 4,023 $19.9 48917 111,868 11,283 $17.0 50% 50% $18 119 Birchwood Mall Port Huron, MI 48059 MI N/A N/A N/A 120 The Crossroads Portage, MI 49024 MI 46368 312,888 292,028 $17.0 95% 5% $16 121 Lakeside Mall Sterling Heights, MI 48313 MI 48313 101,066 43,000 $12.0 100% 0% $12 122 Southland Center Taylor, MI 48180 MI 48180 48,884 48,884 $9.0 48195 41,001 5,500 $15.8 100% 0% $9 123 Grand Traverse Mall Traverse City, MI 49684 MI N/A N/A N/A 124 Eden Prairie Center Eden Prairie, MN 55344 MN 55344 75,736 13,255 $15.0 55344 138,000 2,454 $16.0 50% 50% $16 125 River Hills Mall Mankato, MN 56001 MN N/A N/A N/A 126 Ridgedale Center Minnetonka, MN 55305 MN 55305 110,334 3,333 $22.6 55305 83,355 7,990 $22.0 50% 50% $22 127 Apache Mall Rochester, MN 55902 MN N/A N/A N/A 128 Crossroads Center St. Cloud, MN 56301 MN N/A N/A N/A 129 Knollwood Mall St. Louis Park, MN 55426 MN 55443 48,000 15,281 $12.5 100% 0% $12 130 Columbia Mall Columbia, MO 65203 MO 21044 137,643 24,389 $25.5 60% 40% $15 131 Capital Mall Jefferson City, MO 65109 MO N/A N/A N/A 132 Lindbergh Town Center St. Ann,MO 63074 MO N/A N/A N/A 133 Saint Louis Galleria St. Louis, MO 63117 MO 63105 275,000 37,478 $31.0 63105 325,172 3,100 $30.0 50% 50% $31 134 The Streets At Southpoint Durham, NC 27713 NC N/A N/A N/A 135 Four Seasons Town Centre Greensboro, NC 27427 NC 27407 1,558 1,558 $16.5 27407 126,000 7,057 $17.0 50% 50% $17 136 Valley Hills Mall Hickory, NC 28602 NC 28602 NA 233,046 $9.0 100% 0% $9

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com Commercial Rental Rates page 12 Reggie Middleton's BoomBustBlog.com 02/14/2008

137 Carolina Place Pineville,NC 28134 NC N/A N/A N/A 138 Oak View Mall Omaha, NE 68144 NE 68144 18,284 13,762 $19.3 68137 NA 1,966 $16.5 100% 0% $19 139 Bridgewater Commons Bridgewater,NJ #N/A NJ N/A N/A N/A 140 Paramus Park Paramus, NJ 7652 NJ N/A N/A N/A 141 Willowbrook Wayne, NJ 7470 NJ N/A N/A N/A 142 Woodbridge Center Woodbridge, NJ 7095 NJ N/A N/A N/A 143 Coronado Center Albuquerque, NM 87110 NM 87110 165,392 10,042 $14.8 87110 NA NA $17.0 50% 50% $16 144 North Plains Mall Clovis,, NM 88101 NM N/A N/A N/A 145 Animas Valley Mall Farmington, NM 87402 NM N/A N/A N/A 146 Rio West Mall Gallup, NM 87301 NM N/A N/A N/A 147 Fremont Plaza Las Vegas, NV 89107 NV 89107 4,000 1,706 $33.0 100% 0% $33 148 Meadows Mall Las Vegas, NV 89107 NV 89107 4,000 1,706 $33.0 100% 0% $33 149 Fashion Show Las Vegas, NV 89109 NV 89103 2,820 1,120 $30.0 89102 42,000 22,270 $48.0 54% 46% $38 150 The Grand Canal Shoppes Las Vegas, NV 89109 NV 89169 4,400 1,100 $27.0 89103 2,820 1,120 $30.0 9% 91% $30 151 Canyon Point Village Center Las Vegas, NV 89135 NV 89117 20,000 2,920 $27.0 89135 10,000 10,000 $29.4 0% 100% $29 152 The Boulevard Mall Las Vegas, NV 89169 NV 89169 4,400 1,100 $27.0 100% 0% $27 153 Plaza 800 Sparks, NV 89431 NV 89431 106,510 7,440 $21.0 89431 45,500 3,406 $34.5 50% 50% $28 154 Lockport Mall Lockport, NY 14094 NY N/A N/A N/A 155 South Street Seaport New York, NY 10038 NY N/A N/A N/A 156 Staten Island Mall Staten Island, NY 10314 NY N/A N/A N/A 157 Beachwood Place Beachwood, OH 44122 OH N/A N/A N/A 158 Kenwood Towne Centre Cincinnati,OH 45236 OH 45236 9,632 9,632 $13.5 45242 33,956 11,748 $15.0 100% 0% $14 159 Colony Square Mall Zanesville, OH 43701 OH N/A N/A N/A 160 Sooner Mall Norman, OK 73072 OK N/A N/A N/A 161 Quail Springs Mall Oklahoma City,OK 73134 OK 73134 25,000 6,150 $20.0 100% 0% $20 162 Bailey Hills Village Eugene, OR 97402 OR N/A N/A N/A 163 Halseyyg Crossing Gresham, OR 97230 OR N/A N/A N/A 164 Rogue Valley Mall Medford, OR 97501 OR N/A N/A N/A 165 Pioneer Place Portland, OR 97204 OR 97209 12,517 3,171 $23.0 97209 10,000 10,000 $18.0 50% 50% $21 166 Division Crossing Portland, OR 97236 OR 97236 20,200 10,850 $9.6 100% 0% $10 167 Clackamas Town Center Portland,OR 97086 OR 97030 7,720 6,415 $14.5 100% 0% $14 168 Salem Center Salem, OR 97301 OR 97301 120,000 1,020 $11.0 100% 0% $11 169 Gateway Mall Springfield, OR 97477 OR N/A N/A N/A 170 Neshaminy Mall Bensalem,PA 19020 PA N/A N/A N/A 171 Park City Center Lancaster, PA 17601 PA N/A N/A N/A 172 Providence Place Providence, RI 2903 RI 2903 332,000 20,583 $30.0 2903 19,200 9,000 $38.0 50% 50% $34 173 Columbiana Centre Columbia,SC 29212 SC 29212 9,900 9,900 $23.0 29212 4,000 4,000 $17.5 50% 50% $20 174 Northgate Mall Chattanooga, TN 37415 TN N/A N/A N/A 175 Kingsport Town Center Kingsport,TN 37660 TN N/A N/A N/A 176 Highland Mall Austin,TX 78752 TX 78752 62,890 9,882 $13.0 78753 254,705 78,707 $20.0 100% 0% $13 177 Galleria Dallas Dallas,TX 75240 TX 75240 94,761 5,256 $13.5 75251 404,324 72,587 $20.0 100% 0% $14 178 Hulen Mall Fort Worth, TX 76132 TX N/A N/A N/A 179 Baybrook Mall Friendswood, TX 77546 TX N/A N/A N/A 180 Deerbrook Mall Humble,TX 77338 TX N/A N/A N/A 181 Town East Mall Mesquite, TX 75150 TX N/A N/A N/A 182 Collin Creek Plano, TX 75075 TX N/A N/A N/A 183 North Star Mall San Antonio, TX 78216 TX 78216 85,022 10,212 $19.5 78216 187,217 25,107 $18.5 50% 50% $19 184 The Shops At La Cantera San Antonio, TX 78256 TX 78257 9,213 9,213 $20.0 78230 17,780 2,889 $25.0 96% 4% $20 185 First Colony Mall Sugar Land,TX 77479 TX N/A N/A N/A 186 Sikes Senter Wichita Falls, TX 76308 TX N/A N/A N/A 187 Gateway Crossing Shopping Center Bountiful, UT 84010 UT N/A N/A N/A 188 Cache Valley Marketplace Logan, UT 84321 UT N/A N/A N/A 189 Cache Valley Mall Logan, UT 84341 UT N/A N/A N/A 190 Fort Union Midvale, UT 84047 UT N/A N/A N/A 191 Fashion Place Murray, UT 84107 UT N/A N/A N/A 192 Country Hills Plaza Ogden, UT 84403 UT N/A N/A N/A 193 Newgate Mall Ogden,UT 84405 UT 84067 8,360 800 $9.0 84405 12,000 2,232 $10.0 0% 100% $10 194 Orem Plaza Center Street Orem, UT 84057 UT 84058 35,000 1,730 $13.0 84058 7,038 3,500 $18.5 50% 50% $16 195 Orem Plaza State Street Orem, UT 84057 UT 84058 35,000 1,730 $13.0 84058 7,038 3,500 $18.5 50% 50% $16 196 University Crossing Orem, UT 84058 UT 84058 35,000 1,730 $13.0 100% 0% $13 197 Provo Towne Centre Provo, UT 84601 UT 84601 1,000 1,000 $17.4 84604 65,209 5,656 $17.0 100% 0% $17 198 Riverside Plaza Provo, UT 84604 UT 84604 65,209 5,656 $17.0 84601 1,000 1,000 $17.4 100% 0% $17 199 North Temple Shops Salt Lake City, UT 84116 UT 84116 89,292 30,600 $19.0 84111 53,726 11,204 $16.0 100% 0% $19 200 Cottonwood Mall Salt Lake City, UT 84117 UT 84088 97,243 3,300 $17.0 84084 17,280 1,080 $12.5 53% 47% $15 201 Cottonwood Square Salt Lake City, UT 84117 UT 84088 97,243 3,300 $17.0 84084 17,280 1,080 $12.5 53% 47% $15 202 Plaza 9400 Sandy, UT 84094 UT N/A N/A N/A 203 Red Cliffs Mall St. George, UT 84790 UT N/A N/A N/A 204 Red Cliffs Plaza St. George, UT 84790 UT N/A N/A N/A 205 River Pointe Plaza West Jordan, UT 84088 UT N/A N/A N/A 206 Landmark Mall Alexandria, VA 22304 VA N/A N/A N/A 207 Piedmont Mall Danville, VA 24540 VA N/A N/A N/A 208 Lynnhaven Mall Virginia Beach, VA 23452 VA 23452 57,761 8,500 $12.0 100% 0% $12 209 Burlington Town Center Burlington, VT 5401 VT N/A N/A N/A 210 Southshore Mall Aberdeen, WA 98520 WA N/A N/A N/A 211 Bellis Fair Bellingham, WA 98226 WA N/A N/A N/A 212 Three Rivers Mall Kelso, WA 98626 WA N/A N/A N/A 213 Alderwood Lynnwood,WA 98037 WA N/A N/A N/A 214 Westlake Center Seattle, WA 98101 WA 98101 800,000 5,223 $42.0 98101 554,945 7,366 $27.0 50% 50% $35 215 North Town Mall Spokane, WA 99207 WA N/A N/A N/A 216 Spokane Valley Plaza Spokane, WA 99209 WA N/A N/A N/A 217 Spokane Valley Mall Spokane, WA 99216 WA N/A N/A N/A 218 Fox River Mall Appleton, WI 54913 WI 54911 11,561 8,036 $13.0 54911 9,200 6,000 $12.0 50% 50% $13 219 Oakwood Mall Eau Claire, WI 54701 WI N/A N/A N/A 220 Mayfair Wauwatosa, WI 53226 WI N/A N/A N/A 221 Eastridge Mall Casper, WY 82609 WY N/A N/A N/A 222 White Mountain Mall Rock Springs, WY 82901 WY N/A N/A N/A 223 The Mall at Sierra Vista Sierra Vista 85635 N/A N/A N/A 224 SouthBay Pavilion Carson 90746 N/A N/A N/A 225 The Shops at Tanforan San Bruno 94066 N/A N/A N/A 226 Eastridge (CA) San Jose, CA 95122 N/A N/A N/A 227 The Shoppes at Buckland Hills Manchester 6040 N/A N/A N/A 228 Village of Merrick Park Coral Gables 33146 N/A N/A N/A 229 The Oaks Mall Gainesville 32605 N/A N/A N/A 230 West Oaks Mall Ocoee 34761 N/A N/A N/A 231 University Mall Tampa 33612 N/A N/A N/A 232 Windward Mall Kaneohe 96744 N/A N/A N/A 233 Whalers Village Lahaina 96761 N/A N/A N/A 234 Westdale Mall Cedar Rapids 52405 N/A N/A N/A 235 Baskin Robbins Idaho Falls 83404 N/A N/A N/A 236 Water Tower Place Chicago 60611 N/A N/A N/A 237 Swansea Mall Swansea 2777 N/A N/A N/A 238 Silver City Galleria Taunton 2780 N/A N/A N/A 239 The Village of Cross Keys Baltimore 21210 N/A N/A N/A 240 Towson Town Center Towson 21204 N/A N/A N/A 241 The Mercantile Exchange St. Louis 63110 N/A N/A N/A 242 The Bridges at Mint Hill Mint Hill (Charlotte) 28203 N/A N/A N/A 243 Westroads Mall Omaha 68114 N/A N/A N/A 244 Steeplegate Mall oncord 3301 N/A N/A N/A 245 Center Pointe Plaza (Summerlin) Las Vegas 89101 N/A N/A N/A 246 Trails Village Center (Summerlin) Las Vegas 89134 N/A N/A N/A 247 Lake Mead at Buffalo Las Vegas 89101 N/A N/A N/A 248 Summerlin Centre Las Vegas 89135 N/A N/A N/A 249 The Shoppes at the Palazzo Las Vegas 89109 N/A N/A N/A 250 St. Lawrence Centre Massena 13662 N/A N/A N/A 251 The Shops at Fallen Timbers Maumee 43537 N/A N/A N/A 252 Washington Park Mall Bartlesville 74006 N/A N/A N/A 253 Stones River Mall Murfreesboro 37129 N/A N/A N/A 254 The Parks at Arlington Arlington 76015 N/A N/A N/A 255 Stonebriar Centre Frisco 75034 N/A N/A N/A 256 Willowbrook Mall Houston 77070 N/A N/A N/A 257 Vista Ridge Mall Lewisville 75067 N/A N/A N/A 258 The Woodlands Mall The Woodlands 77380 N/A N/A N/A 259 The Shops at Circle T Ranch Westlake (Dallas/Fort Worth 75212 N/A N/A N/A 260 Provo Plaza Provo 84601 N/A N/A N/A 261 Tysons Galleria McLean 22102 N/A N/A N/A 262 The Shops at Georgetown Park Washington 20007 N/A N/A N/A 263 Whaler's Village Lahaina, HI #N/A N/A N/A N/A 264 Natick Mall Natick (Boston), MA #N/A N/A N/A N/A 265 Lake Mead & Buffalo Partners VillageLas Vegas, NV #N/A N/A N/A N/A 266 The Trails Village Center Las Vegas, NV 0 N/A N/A N/A 267 Willowbrook Mall Houston, TX 77070 N/A N/A N/A 268 Via Parque Shopping Rio de Janeiro, Rio de Janei 0 N/A N/A N/A 269 Shopping Taboao Taboao da Serra, Sao Paulo 0 N/A N/A N/A 270 Superstition Springs Center East Mesa (Phoenix), AZ 0 N/A N/A N/A 271 Arrowhead Towne Center Glendale, AZ 0 N/A N/A N/A 272 Shopping Leblon Rio de Janeiro, Rio de Janei 0 N/A N/A N/A 273 Shopping Iguatemi Salvador Salvador, Bahia 0 N/A N/A N/A 274 Shopping Iguatemi Campina Grande Campina Grande, Paraiba 0 N/A N/A N/A

Some of the best analysis on the Web! Reggie Middleton's BoomBustBlog.com