Growth Trends In The Real Estate Industry

John MedakAssociate Vice President

GROWTH TRENDS IN THE REAL ESTATE INDUSTRY

Market Summary

Area Recap Significant Statistics Significant Events & Impacts Growth Predictions

GROWTH TRENDS IN THE REAL ESTATE INDUSTRY

Increase in Net Rentable Area vs. Vacancy Rate (Last 5 Years)

0

1

2

3

4

5

6

7

8

2002 2003 2004 2005 2006 2007 YTD

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

16.00%

NRA (in millions) Vacancy

GROWTH TRENDS IN THE REAL ESTATE INDUSTRY

New Construction (Last 5 Years)

LAKEVIEW VILLAGE88,000 SFBuilt in 2003

TIGARD TRIANGLE COMMONSBLDG 1 BLDG 249,716 SF 34,905 SFBuilt in 2007 Built in 2007

DARTMOUTH SQUARE39,000 SFBuilt in 2008

SUMMERLINN CENTER65,000 SFBuilt in 2006

ASPEN PLACE28,561 SFBuilt in 2002

BRIDGEPORT VILLAGE BLDG A-D146,222 SFBuilt in 2005

GROWTH TRENDS IN THE REAL ESTATE INDUSTRY

New Construction (Last 5 Years) Continued

KRUSE WOODS, KRUSE OAKS II102,567 SFBuilt in 2006

KRUSE WOODS V183,347 SFBuilt in 2003

STAFFORD WOODS33,092 SFBuilt in 2007

FANNO CREEK PLACEBLDG A BLDG B68,512 SF 51,110 SFBuilt in 2007 Built in 2007

DURHAM PLAZA44,000 SFBuilt in 2006

GROWTH TRENDS IN THE REAL ESTATE INDUSTRY

New Construction (Last 5 Years) Continued

1. Lakeview Village

2. Dartmouth Square

3. Tigard Triangle

Commons, Bldgs 1 & 2

4. Summerlinn Center

5. Aspen Place

6. Bridgeport Village,

Bldg A-D

7. Kruse Woods, Kruse

Oaks II

8. Stafford Woods

9. Kruse Woods V

10. Durham Plaza

11. Fanno Creek Place,

Bldgs A & B

THANK YOU!!