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## PROPERTY AND LEASE INFORMATION 

The following table is a summary of our property portfolio as of December 31, 2003 (dollars in thousands): 

<img src='content_image/131164.jpg'>

Excludes 10 properties under full or partial redevelopment. Including properties under full or partial redevelopment, occupancy as of December 31, 2003 was 88.4%. (1) 

All, or substantially all, of the vacant space is office or warehouse space. (2) 

Includes one office property classified as “held for sale” and included in discontinued operations as of December 31, 2003. Excluding this property, which was under a binding sales contract as of December 31, 2003, the average occupancy percentage for the Suburban Washington D.C. market is 96.4% and the average total occupancy percentage is 94.6%. (3) 

The following table summarizes certain information with respect to the lease expirations of our properties as of December 31, 2003: 

<img src='content_image/131163.jpg'>

