Managing our assets and maintaining a strong capital position are central to CarrAmerica’s operating strategy. Parkway North Center, a 1.26 million square foot office campus in suburban Chicago, is one of five premium-quality suburban office parks in four CarrAmerica markets that are now owned and managed through a joint venture partnership with New York State Teachers’ Retirement System. J.P. Morgan Investment Management Inc. acts as advisor to New York State Teachers’ Retirement System. Completed in August 2000, the joint venture agreement involves assets valued at $422 million, including more than 2.5 million square feet of stabilized properties, 461,000 square feet of office projects under development and land that can support approximately 1.5 million square feet of office space. The New York State Teachers’ Retirement System joint venture is just one of a series of steps taken in 2000 as part of our capital redeployment strategy. Other transactions this year included the merger and sale of CarrAmerica’s executive office suites affiliate, HQ Global Workplaces, Inc., with Vantas Inc. and disposition of lower-growth assets. In combination, these transactions yielded more than $800 million in cash proceeds. A significant portion of these proceeds was used to strengthen our balance sheet, and as a result, the company’s debt has been reduced from 45% to 31% of its total market capitalization. It’s all part of our ongoing emphasis on performance.