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Net   Total  Average 
Rentable   Annualized  Base Rent/ 
# of   Area in Percent Base Rent3  Leased 
Property  Buildings   Sq. Feet1   Leased2     (in thousands)   Sq. Feet4  Significant Tenants5
Eastern Region  
Downtown Washington, D.C.:  
  International Square 3 1,014,914 96.2 %   $ 33,721  $ 34.54 International Monetary Fund (49%)
  900 19th Street 1     101,215 98.1 % 3,512      35.36      Americaês Community Bankers (30%),
Stone & Webster Management (13%),
Korn/Ferry International (12%),
Lucent Technologies (11%)
  2550 M Street 1 192,393 100.0 % 6,338 32.94 Patton Boggs L.L.P. (99%)
  1730 Pennsylvania Avenue6 1 229,292 98.7 % 8,288 36.64 Federal Deposit Insurance Co. (47%),
King & Spalding (39%)
  1255 23rd Street7 1 306,395 96.4 % 8,794 29.79 Chronicle of Higher Education (30%),
William M. Mercer, Inc. (20%),
J&H/March & McLennan (14%)
  1747 Pennsylvania Avenue7 1 151,925 94.8 % 4,875 33.87 Legg Mason Wood Walker, Inc. (19%)
  1775 Pennsylvania Avenue 1 143,857 98.6 % 4,133 29.12 Citicorp Savings of Washington (81%)

Suburban Washington, D.C.:
 
  One Rock Spring Plaza6 1 205,721 100.0 % 5,934 28.85 Caterair International (22%),
Sybase, Inc. (19%)
  Sunrise Corporate Center 3 260,253 100.0 % 6,473 24.87 Software AG of North America (81%)
  Reston Crossing East & West 2 327,788 100.0 % 6,556 20.00 Nextel Communications, Inc. (100%)
  Trans Potomac V Plaza 1 96,960 94.8 % 2,362 25.70 Effinity Financial Corp. (13%),
Hawthorn Group, L.C. (13%),
Larson & Taylor (11%),
Onyx Group (11%),
Casals & Associates., Inc. (11%)
  Canal Center 4 492,001 90.8 % 12,445 27.86 Close Up Foundation (12%)

Atlanta, GA:
 
  Glenridge 1 63,494 98.4 % 1,271 20.36 Metropolitan Life Insurance (13%),
Brooks, McGinnis & Co. (12%),
Spectrum Realty Advisors (12%),
Communications Trends (11%)
  Century Springs West 1 95,206 71.7 % 1,358 19.90 No tenant occupies 10%
  Holcomb Place 1 72,827 100.0 % 1,365 18.73 Intercept Inc. (64%),
Progeni Corporation (13%),
Key Construction Services (12%)
  Midori 1 99,691 51.3 % 978 19.11 UPS (21%),
Oakmont Mortgage (12%)
  Parkwood 1 150,270 97.1 % 2,811 19.26 Onesource (20%),
Numerex Corp. (17%)
  Lakewood 1 80,768 32.4 % 376 14.40 Arch Wood Protection (25%)
  The Summit 1 179,085 100.0 % 3,234 18.06 Unisys (86%),
CSC Continuum (14%)
  Spalding Ridge 1 127,833 92.8 % 2,412 20.34 Honey Baked Ham (52%),
Federal Deposit Insurance Co. (10%)
  2400 Lake Park Drive 1 103,460 76.2 % 1,426 18.10 United Healthcare Services (28%),
Management Consultants Group (19%)
  680 Engineering Drive 1 62,154 71.4 % 387 8.76 EMS Technologies (26%),
Pointclear, LLC (24%),
Intelligent Media Corp. (11%)
  Embassy Row 3 465,835 85.6 % 6,837 17.15 Ceridian Corp. (29%),
Hanover Insurance Co. (17%)
  Embassy 100, 500 2 190,470 100.0 % 4,224 22.18 Art Institute of Atlanta (60%),
Career Education Corp. (40%)
  Waterford Centre 1 83,170 50.4 % 831 19.83 Wood & Co. (23%)
Eastern Region Subtotal 36 5,296,977 92.2 %

Pacific Region
 
Southern California:
Orange County/Los Angeles:
 
  Scenic Business Park 4 138,076 87.0 % $ 2,139   $ 17.81 Talbert Medical Group (19%),
Miles, Wright, Finely & Zak (19%),
Terayon Communication System (17%),
Coast Community College (13%),
So. Ca. Blood & Tissue Service (12%)
  Harbor Corporate Park 4 151,234 79.6 % 2,403 19.96 Anzdl, Inc. (25%),
Trizetto Group, Inc. (11%)
  Plaza PacifiCare 1 104,377 100.0 % 1,063 10.19 Pacificare Health Systems, Inc. (100%)
  Katella Corporate Center 1 80,609 100.0 % 1,514 18.78 No tenants occupies 10%
  Warner Center 12 343,486 82.2 % 6,730 23.85 General Services Administration (20%)
  South Coast Executive Center 2 161,787 61.0 % 2,529 25.65 No tenants occupies 10%
  Warner Premier 1 61,210 87.3 % 1,216 22.74 Protective Life Insurance (34%),
Charles Schwab (12%),
Steven B. Simon (11%)
  Von Karman 1 104,138 84.1 % 2,236 25.53 Vision Solutions (41%),
Fidelity National Title Ins. (26%),
Taco Bell Corp. (18%)
  2600 W. Olive 1 144,831 100.0 % 3,730 25.75 Walt Disney Company (80%),
Emmis Radio Corp. (16%)
  Bay Technology Center 2 107,481 84.6 % 1,358 14.93 Finance America (57%),
Stratacare, Inc. (21%)
  Pacific Corporate Plaza
  1, 2, 3
3 125,268 96.5 % 2,489 20.59 Gallagher Bassett Svcs., Inc. (20%),
Covenant Care California (16%),
Lan International (16%),
Aqueduct, Inc. (16%),
Marie Callender Pie Shops (14%)
  Alton Deere Plaza 6 182,183 74.9 % 2,429 17.79 Nextlink California (18%),
XO California (12%),
Foster Wheeler Environmental (11%)
  Westlake Spectrum 2 108,084 78.7 % 1,543 18.14 Pinkertonês Inc. (67%),
Insweb Corp. (12%)

Southern California: San Diego:
 
  Del Mar Corporate Plaza 2 123,142 100.0 % 3,491 28.35 Stellcom, Inc. (79%),
JMI, Inc. (20%)
  Wateridge Pavilion 1 62,194 89.4 % 1,062 19.09 Bsquare (25%),
Wateridge Insurance Service (18%),
TCS Mortgage, Inc. (14%)
  Towne Center Technology  
   Park 1, 2, 3 3 182,120 100.0 % 3,250 17.85 Gateway, Inc. (100%)
  Lightspan 1 64,800 100.0 % 1,278 19.73 Lightspan Partnership, Inc. (100%)
  La Jolla Spectrum 1 & 2 2 156,653 100.0 % 5,846 37.32 Torrey Mesa Research Institute (51%),
Scripps Research Institute (49%)
  Palomar Oaks
  Technology Park
6 170,357 81.4 % 1,995 14.38 Unifet, Inc. (23%),
TPR Group, Inc. (13%)
  Jaycor 1 105,358 100.0 % 1,953 18.54 Gateway, Inc. (100%)
  Highlands Corporate Center 5 205,191 92.8 % 6,210 32.62 Brobeck, Phleger & Harrison (14%),
Vycera Communications, Inc. (12%)
  11119 Torrey Pines Road 1 76,701 100.0 % 1,480 19.29 Chase Manhattan Mortgage (100%)
  Carroll Vista I & II 3 107,579 100.0 % 2,076 19.30 Chugai Biopharmaceutical (70%),
Cardiodynamics International (17%),
Peregrine Semiconductors (13%)

Northern California:
San Francisco Bay Area:
 
  CarrAmerica
  Corporate Center
7 1,004,679 100.0 % 23,569 23.46 AT&T (52%),
Peoplesoft (18%),
Pacific Bell Mobile Services (17%),
Safeway Inc. (13%)
  Valley Business Park I 2 67,784 83.2 % 964 17.10 Premier Devices, Inc. (35%),
Informative Inc. (17%),
Acer Labs, Inc. USA (15%)
  Bayshore Centre 2 1 94,874 100.0 % 1,992 21.00 Redback Networks (100%)
  Rincon Centre 3 201,178 88.4 % 3,479 19.56 Toshiba America Electronic (31%),
Propel Software (21%),
Future Electronics Corp. (19%),
GDA Technologies, Inc. (11%)
  Valley Centre II 4 212,082 100.0 % 3,156 14.88 Boston Scientific (100%)
  Valley Office Centre 2 68,798 86.8 % $ 2,138   $ 35.80 Bank of America (21%),
Quadrep, Inc. (13%)
  Valley Centre 2 102,291 100.0 % 1,875 18.33 Seagate Technology (40%),
Numerical Technologies (38%),
Vivace Networks (22%)
  Valley Business Park II 6 166,928 88.9 % 3,086 20.80 Pericom Semiconductor (40%)
  Rio Robles 7 368,178 76.6 % 4,595 16.30 Fujitsu Microelectronics (41%),
KLA Instruments (27%)
  First Street
  Technology Center
1 67,582 100.0 % 1,014 15.00 Comdisco, Inc. (100%)
  Baytech Business Park 4 300,000 100.0 % 4,890 16.30 Schlumberger Technologies (58%),
Caspian Networks (25%),
Rapid 5 Networks, Inc. (13%)
  3571 North First Street 1 116,000 100.0 % 3,202 27.60 Sun Microsystems (100%)
  San Mateo Center I 1 72,137 28.6 % 371 17.97 ePORATES (29%)
  Oakmead West Land A-G 7 425,981 100.0 % 9,968 23.40 Applied Materials (100%)
  San Mateo II & III 2 141,440 80.7 % 3,483 30.53 Women.com Networks (18%)
  Hacienda West 2 206,657 90.8 % 5,830 31.06 Paychex (13%),
Sun Microsystems (13%)
  Sunnyvale Technology
  Center
5 165,520 100.0 % 3,541 21.39 Lattice Semiconductor (51%),
BMC Software (25%),
Nokia Internet Communications (12%),
Metelics Corp. (12%)
  Clarify Corporate Center
  1, 2, 3, 4
4 258,048 100.0 % 7,256 28.12 Nortel Networks, Inc. (100%)
  Valley Technology  
   Center 1, 2, 3, 4, 5, 6 & 7 7 460,590 100.0 % 11,349 24.64 Lattice Semiconductor (29%),
TSMC North America (24%),
Fore Systems (18%),
Navisite, Inc. (14%)
  Golden Gateway Commons 3 275,041 93.5 % 9,300 36.15 Norcal Mutual Insurance (28%),
Sharper Image Corp. (21%),
ABM Industries, Inc. (11%)
  Techmart Commerce Center 1 266,520 88.9 % 9,419 39.74 Network Conference Co., Inc. (13%)

  Fremont Technology Park
  
1, 2, 3

3 139,304 100.0 % 2,648 19.01 Applied Fiber Optics (39%),
Flash Electronics (32%),
Bandwidth Unlimited (29%)
  Mountain View
  Gateway Center
2 236,400 100.0 % 5,327 22.53 KPMG LLP, (57%),
Netscape Communications (43%)
  Stanford Research Park6 2 89,595 100.0 % 4,095 45.71 McKinsey & Co. Inc. (44%),
Merrill Lynch (36%)

Portland, OR:
 
  Sunset Corporate Park 3 132,531 60.0 % 1,039 13.08 Volkswagen of America (34%)
  Rock Creek Corp Center 3 142,662 100.0 % 3,166 22.19 Corillian Corp. (86%),
University of Phoenix (14%)
   

Seattle, WA:
 
  Redmond East 10 396,497 90.5 % 5,325 14.84 Avaya, Inc. (21%),
Cardiac Pacemakers Inc. (20%),
Genetic Systems (14%),
Riverdeep Group (12%)
  Redmond Hilltop B & C 2 90,880 100.0 % 1,515 16.67 Concur Technologies (90%),
Citrix Systems (10%)
  Canyon Park 6 316,667 99.1 % 5,152 16.41 Icos Corp. (28%),
Targeted Genetics Corp. (24%),
FedEx (14%)
  Willow Creek 1 96,179 100.0 % 1,138 11.83 Data I/O Corp. (100%)
  Willow Creek Corp.  
   Center 1, 2, 3, 4, 5, 6 6 329,009 97.7 % 5,492 17.08 Safeco Insurance Co.
of America (52%),
Metawave Communications (29%),
Nextlink Communications (14%)
  Canyon Park Commons 1, 2, 4 3 176,846 100.0 % 2,382 13.47 Washington Mutual Bank (62%),
AT&T Wireless (38%)
  Canyon Park 1 95,290 100.0 % 1,532 16.08 Safeco Insurance Co. (100%)
Pacific Region Subtotal 179 10,351,027 92.9 %
Central Region  
Austin, TX:  
  City View Centre 3 137,218 62.2 % $ 1,044 $ 12.23 Broadwing Communications (34%),
Oasis Design, Inc. (20%)
  City View Center 1 128,716 100.0 % 2,073 16.10 Broadwing Communications (100%)
  Tower of the Hills 2 166,149 100.0 % 2,837 17.07 Texas Guaranteed Student Loan (76%)

Chicago, IL:
 
  Parkway North I 1 252,207 87.6 % 3,601 16.31 Alliant Foodservice (52%)
  Unisys 2 368,444 87.7 % 5,236 16.21 Washington Mutual Home Loan (23%),
Hub Group (12%)
  The Crossings 1 296,626 76.1 % 3,862 17.10 Abercrombie &
Kent International (15%)
  Bannockburn I & II 2 209,969 89.9 % 3,016 15.99 IMC Global Inc. (38%),
Parexel (21%)
  Bannockburn IV 1 110,319 100.0 % 1,860 16.86 Open Text (33%),
Onepointe Communication (20%),
Abbott Laboratories (12%),
Orren Pickell Builders, Inc. (11%)

Dallas, TX:
 
  Cedar Maple Plaza 3 113,045 92.5 % 2,409 23.05 A.G. Edwards (11%)
  Quorum North 1 116,194 94.3 % 2,266 20.69 Digital Matrix Systems (20%),
HQ Global Workplaces (20%)
  Quorum Place 1 178,388 65.2 % 2,205 18.97 VHA Southwest (22%)
  Tollway Plaza 1, 2 2 359,903 98.5 % 8,286 23.36 Sun Microsystems (27%),
Americorp Relocation Mgmt. (10%)
  Two Mission Park 1 77,593 51.7 % 688 17.14 Bland, Garvey & Taylor, Inc. (18%)
  5000 Quorum 1 162,186 90.5 % 2,957 20.14 Case Corporation (11%)
Central Region Subtotal 22 2,676,957 86.7 %

Mountain Region
 
Denver, CO:  
  Harlequin Plaza 2 329,014 97.3 % 5,477 17.11 Travelers Insurance (23%),
Bellco First Federal Credit (17%),
Regis University (12%)
  Quebec Court I 1 130,000 100.0 % 2,339 18.00 Time Warner Communications (100%)
  Quebec Court II 1 157,294 100.0 % 2,694 17.13 Tele-Communications, Inc. (100%)
  Quebec Centre 3 106,865 91.5 % 1,807 18.48 Demand Construction Service (12%),
Team Lending Concepts (11%),
Walberg, Dagner & Tucker (11%)
  Dry Creek 3 1 92,356 100.0 % 1,492 16.15 AT&T Broadband Management (100%)

Phoenix, AZ:
 
  Qwest Communications 4 532,506 100.0 % 9,873 18.54 Qwest Communications (100%)
Salt Lake City, UT:  
  Sorenson Research Park 5 282,944 99.1 % 3,565 12.71 Convergys Customer Mgmt (47%),
ITT Educational Services (15%),
Intel Corp. (15%)
  Wasatch Corporate Center 3 178,231 83.1 % 2,259 15.25 Advanta Bank Corp. (28%),
Achieveglobal (23%),
Fonix Corp. (14%),
Musicianês Friend, Inc. (12%),
  Wasatch Corporate Center 18 1 49,566 72.6 % 507 14.08 Citrix Systems (51%)
  Sorenson X 1 41,288 100.0 % 861 20.87 EDS Information Services (63%),
Volvo Commercial Credit (13%),
WFS Financial (11%),
Best Buy Stores (10%)
  Creekside I & II 1 78,000 100.0 % 1,076 13.79 3Com Corporation (100%)
Mountain Region Subtotal 23 1,978,064 96.7

Total Consolidated Properties
260 20,303,025   $ 418,539
Weighted Average 92.3 % 22.32

1. Includes office, retail, parking space and storage.
2. Includes spaces for leases that have been executed and have commenced as of December 31, 2002.
3. Total annualized base rent equals total original base rent, including historical contractual increases and excluding (i)percentage rents, (ii) additional rent payable by tenants such as common area maintenance, real estate taxes and other expense reimbursements, (iii) future contractual or contingent rent escalations and (iv) parking rents.
4. Calculated as total annualized base rent divided by net rentable area leased.
5. Includes tenants leasing 10% or more of rentable square footage (with the percentage of rentable square footage in parentheses).
6. We own the improvements on the property and have a leasehold interest in all the underlying land.
7. We hold a majority ownership interest through a joint venture.
8. We own 49% through a joint venture.
9. We own 15% through a joint venture.
10. We own 50% through a joint venture.
11. We own 16% through a joint venture.
12. We own 35% through a joint venture.
13. We own 20% through a joint venture.

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