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Real Estate Trends

May 30, 2000

San Gabriel Valley Office Net Absorption

In millions of square feet:

Eight-quarter

average:

--0.25 million

square feet

1st quarter 2000,

with sublet: 12.0%

Without sublet: 10.8%

Note: Net absorption reflects the gain in rented space. Vacancy rate is the total vacant square footage divided by total rentable square footage in all existing buildings. Sublet space is space rented by primary tenants that is vacant and available for sublease.

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