2012 ANNUAL REPORT


IMPROVING
ASSET UTILIZATION

STABILIZE OUR OPERATING PORTFOLIO, LEASE UP OUR DEVELOPMENT PROJECTS AND RIGHT SIZE OUR LAND BANK
145M
SQUARE FEET LEASED
ACHIEVED RECORD LEASING VOLUME IN 2012 IN OUR COMBINED OPERATING AND DEVELOPMENT PORTFOLIOS
94%
GLOBAL OCCUPANCY
INCREASED GLOBAL OCCUPANCY BY 180 BASIS POINTS OVER YEAR END 2011
100%
LEASED
SPACES OVER 500,000 SQUARE FEET WERE 100% LEASED AT THE END OF 2012
Hamid R. Moghadam Chairman and
Chief Executive Officer
$400M OF LAND MONETIZED
IN 2012
MONETIZED LAND THROUGH NEW DEVELOPMENT AND THE DISPOSITION OF NON-STRATEGIC LAND PARCELS