Exhibit 10.21

FIRST AMENDMENT TO MASTER LEASE AGREEMENT

THIS FIRST AMENDMENT TO MASTER LEASE AGREEMENT (this “First Amendment”) is made
and entered into this February 28, 2005, by and between FIRST STATES INVESTORS
5200, LLC, a Delaware limited liability company (hereinafter called “Landlord”),
and BANK OF AMERICA, N.A., a national banking association (hereinafter called
“Tenant”). Terms with initial capital letters that are used, but not defined, in
this First Amendment shall have the meanings assigned to such terms in the
Master Lease (defined below).

BACKGROUND

A.    Landlord and Tenant are parties to a certain Master Lease Agreement dated
as of October 1, 2004, respecting certain Leased Premises located within certain
Properties, all as more fully described therein (the “Master Lease”).

B.Landlord and Tenant desire to amend the Master Lease to confirm that the
Leased Premises identified on Exhibits A hereto (collectively, the “Third Party
Separate Lease Premises”) and the Lease Premises identified on Exhibit B hereto
(collectively, the “Continuing Term Separate Lease Premises”) have each been
removed from, and are no longer subject to, the Master Lease.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto, intending to be legally
bound hereby, covenant and agree as follows:

1.Landlord and Tenant hereby confirm and agree that:

(a)    each of the Properties identified on Exhibit A hereto (collectively, the
“Third Party Separate Lease Properties”) have been sold by Landlord to third
party purchasers;

(b)    pursuant to Section 9.3 of the Master Lease, Tenant, as tenant, and the
purchasers of the Third Party Separate Lease Properties, as landlord, have
entered into Separate Leases (as defined in the Master Lease) with respect to
the Third Party Separate Lease Premises located at the Third Party Separate
Lease Properties; and

(c)    effective as of the commencement dates of each of the Separate Leases,
the Master Lease was terminated with respect to the Third Party Separate Lease
Premises, and the Third Party Separate Lease Premises were no longer subject to
the terms and conditions of the Master Lease.

2.Landlord and Tenant hereby further confirm and agree that:

(a)    each of the Properties identified on Exhibit B hereto (collectively, the
“Continuing Term Separate Lease Properties”) have been conveyed by Landlord to
First States Investors 5300, LLC (“FSI 5300”), an Affiliate of Landlord;
 

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(b)    simultaneously with the execution of this First Amendment, Tenant, as
tenant, and FSI 5300, as landlord, have entered into a certain Continuing Term
Master Lease Agreement (the “Continuing Term Master Lease”) with respect to
Continuing Term Separate Lease Premises; and
(c)    effective as of the date hereof, the Master Lease is terminated with
respect to the Continuing Term Separate Lease Premises, and the Continuing Term
Separate Lease Premises are no longer subject to the terms and conditions of the
Master Lease.
3.Exhibit A to the Master Lease is hereby amended by deleting it in its entirety
and substituting Exhibit C attached hereto in lieu thereof.
4.The notice addresses of Landlord, Tenant and the Interest Holder as set forth
in Section 1(a) of the Master Lease are hereby amended and restated as follows:
Landlord’s Address for Notices:
First States Investors 5200, LLC
c/o First States Group, L.P.
680 Old York Road
Jenkintown, PA 19046
Attention: Nicholas S. Schorsch, President and CEO
Fax Number: (215) 887-9856
 
 
with a copy to:
First States Group, L.P.
680 Old York Road
Jenkintown, PA 19046
Attention: Edward J. Matey Jr., General Counsel
Fax: (215) 887-9856
 
 
Tenant’s Address for Notices:
Bank of America, N.A.
525 North Tryon
3rd Floor – Corporate Real Estate Department
NC1-023-03-03
Charlotte, NC 28255
Attention: Property Services
Fax: (704) 386-7339
 
 
with a copy to:
Bank of America, N.A.
525 North Tryon
4th Floor
NC1-023-04-03
Charlotte, NC 28255
Attention: James Mezzanotte
Fax: (704) 365-6075
 
 
and to:
Bank of America, N.A.
101 South Tryon Street, 29th Floor
NC1-002-29-01
Charlotte, NC 28255

2

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Attention: Gary R. Preston, Assistant General Counsel
Fax: (704) 388-4815
 
 
and to:
Trammell Crow Corporate Services, Inc.
2850 North Federal Highway
Lighthouse Point, Florida 33064
Attention: Chuck Dunn, Senior Vice President
Fax: (954) 786-4405
 
 
and to:
Jones Lang LaSalle Americas, Inc.
355 South Grand Avenue
Suite 4280
Los Angeles, CA 90071
Attention: John L. Vinnicombe, Executive Vice President
Fax: (213) 680-4933
 
 
Interest Holder’s Address for Notices:
German American Capital Corporation
60 Wall Street, 10th Floor
New York, New York
Attention: Chris Tognola and General Counsel
Fax: (212) 250-4542
Confirmation: (212) 797-4487
 
 
and to:
Bear Stearns Commercial Mortgage, Inc.
383 Madison Avenue
New York, New York 10179
Attention: J. Christopher Hoeffel
Fax: (212) 272-7047
Confirmation: (212) 272-7918
 
 
with a copy to:
Orix Capital Markets Inc.
1717 Main Street
Dallas, Texas 75201
Attention: Daniel K. Olsen
Fax: N/A
 
 
And to:
Sidley Austin Brown & Wood LLP
787 Seventh Avenue
New York, New York 10019
Attention: Brian Krisberg, Esq.
Fax: (212) 839-5599
Confirmation: (212) 839-5300

3

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5.The definition of Contraction Premises as set forth in Section 1.1(b) of the
Master Lease is hereby amended and restated as follows:
“Contraction Premises” shall have the meaning assigned to such term in Section
11.2. In addition, Contraction Premises shall mean and include any portion of
the Expansion Space that Tenant elects to designate in a Contraction Rights
Exercise Notice as subject to reduction pursuant to Tenant’s exercise of
Tenant’s Early Termination Right and/or Termination Right.
6.The definition of Exchange Space as set forth in Section 1.1(b) of the Master
Lease is hereby amended and restated as follows:
“Exchange Space” shall mean, during the period beginning on the Commencement
Date and ending on February 28, 2005, the number of square feet, if any, by
which the Net Rentable Area of the Minimum Leased Premises exceeds the Net
Rentable Area of the Lease Premises under this Lease plus the Net Rentable Area
of the premises leased by Tenant under the Continuing Term Master Lease and the
Separate Leases. From and after March 1, 2005, Exchange Space shall mean the
number of square feet, if any, by which the Net Rentable Area of the Minimum
Leased Premises exceeds the Net Rentable Area of the Leased Premises under this
Lease, without regard to the Net Rentable Area of the premises leased by Tenant
under the Continuing Term Master Lease or the Separate Leases. The Exchange
Space shall be estimated by the parties on the Commencement Date and finalized,
as of the Commencement Date, following the re-measurement of the Buildings in
conformity with the Measurement Standard. The Exchange Space shall be reduced,
from time to time, by the Net Rentable Area of (a) all Expansion Space added to
Leased Premises pursuant to Article X of this Lease (effective, in each such
case, as of the date the Expansion Space becomes Leased Premises) and (b) any
Exchange Space removed from this Lease by Tenant’s express election and
direction to use Early Termination Rights and/or Termination Rights to so remove
such Exchange Space from this Lease in conformity with the provisions of
Sections 11.4 and 11.5, as applicable, and increased, from time to time, by the
Net Rentable Area of any Contraction Premises removed from the Leased Premises
under this Lease by Tenant’s exercise of Relocation Rights, but not Early
Termination Rights or Termination Rights (effective, in each such case, as of
the date the Contraction Premises is no longer Leased Premises).
7.The definition of Minimum Leased Premises as set forth in Section 1.1(b) of
the Master Lease is hereby amended and restated as follows:
“Minimum Leased Premises” shall mean, during the period beginning on the
Commencement Date and ending on February 28, 2005, the number of square feet
determined by multiplying the Closing Properties NRA by 0.618. From and after
March 1, 2005, Minimum Leased Premises shall mean the Net Rentable Area of
Leased Premises under this Lease on the Commencement Date plus Thirty-Four
Thousand Eight Hundred Ninety–One (34,891) square feet. The Minimum Leased
Premises shall be estimated by Landlord and Tenant on the Commencement Date and
finalized, effective as of the Commencement Date, following the re-measurement
of the Closing Properties in conformity with the Measurement Standard.
8.The following new definition of Closing Properties NRA is hereby added to
Section 1.1(b) of the Master Lease:

4

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“Closing Properties NRA” shall mean the Net Rentable Area of all of the Closing
Properties acquired by Landlord (or its Affiliates) from Tenant (or its
Affiliates) under the Purchase Agreement, whether or not such Closing Properties
are occupied, in whole or in part, by Tenant, determined following the
re-measurement of the Buildings in conformity with the Measurement Standard.
9.Section 5.7(b) of the Master Lease is hereby amended by adding the following
new sentence as the second to last sentence thereof:
“Landlord’s approval of each revised Preliminary Drawing shall be given or
withheld within ten (10) days following Landlord’s receipt thereof from Tenant.”
10.Section 11.5 of the Master Lease is hereby amended by deleting the last
sentence thereof in its entirety and substituting the following in lieu thereof:
“Subject to the terms and conditions of this Article XI, Tenant shall have the
right, exercisable at any time after the expiration of the sixth month of the
fourth Lease Year and prior to the expiration of the Initial Term, to exercise
Contraction Rights by surrendering to Landlord Contraction Premises containing
up to Two Hundred Eighty-Two Thousand Eight Hundred Sixty (282,860) square feet
of Net Rentable Area (i.e., six percent (6%) of Net Rentable Area of the Leased
Premises under this Lease plus the premises leased by Tenant under the
Continuing Term Master Lease and the Separate Leases plus the Exchange Space on
the Commencement Date), in the aggregate (such rights, “Termination Rights”);
provided that (a) until the expiration of the sixth month of the fourth Lease
Year, Tenant may not exercise any Termination Rights and (b) prior to the
expiration of the sixth month of the ninth Lease Year, Tenant shall only be
permitted to exercise Termination Rights by sending Contraction Rights Exercise
Notices to Landlord on Contraction Premises containing Net Rentable Area of up
to One Hundred Forty-One Thousand Four Hundred Thirty (141,430) square feet of
Net Rentable Area (i.e., three percent (3%) of Net Rentable Area of the Leased
Premises under this Lease plus the premises leased by Tenant under the
Continuing Term Master Lease and the Separate Leases plus the Exchange Space on
the Commencement Date), in the aggregate.”
11.Section 9.3 of the Master Lease is hereby amended by deleting the last
sentence thereof in its entirety and substituting the following in lieu thereof:
“Notwithstanding the foregoing, (a) in no event shall Tenant’s right to elect
(without Landlord’s approval) a Five Year Term Separate Lease as provided in
this Section 9.3 apply to any foreclosure of any Property or the delivery of any
deed-in-lieu of foreclosure and Tenant’s right to elect (without Landlord’s
approval) a Five Year Term Separate Lease shall terminate and be of no further
force or effect upon and following a foreclosure or the delivery of a
deed-in-lieu of foreclosure and (b) Tenant’s obligation to deliver its payment
of Rent under a Separate Lease directly to the third party landlord thereunder
shall not commence until Tenant has received at least ten (10) business days’
prior written notice of such landlord’s name, address and other payment
information.”
12.Except as modified hereby, the terms and conditions of the Master Lease shall
remain unmodified and in full force and effect and are hereby ratified and
affirmed by Landlord and Tenant.

5

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IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of
the date aforesaid.
 
LANDLORD:
 
 
 
FIRST STATES INVESTORS
Witness:
5200, LLC, a Delaware limited
 
liability company
 
 
/s/ Authorized signatory
By: /s/ Sonya A. Huffman
 
Name: Sonya A. Huffman
 
Title: Vice President
 
 
 
 
 
TENANT:
 
 
Witness:
BANK OF AMERICA, N.A.,
 
a national banking association
/s/ Authorized signatory
 
 
By: /s/ Michael F. Hord
 
Name: Michael F. Hord
 
Title: Senior Vice President
 
 
 
 

6

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EXHIBIT A

Schedule of Third Party Separate Lease Properties

NOTE: The Net Rentable Areas and Tenant Occupancy Percentages listed below are
all based upon Landlord’s and Tenant’s original estimation of the Net Rentable
Areas of the Leased Premises and the Building on the Commencement Date and are
therefore subject to re-measurement in conformity with the Measurement Standard
as expressed in the Master Lease.

 
Project ID
Project Description
Leased Premises
Leased Premises %
Total SF
Agreed Upon Percentages
1
NJCARC176
301 Carnegie Ctr (pkg 3600 Br
43,300.00
33.9
%
127,622
0.9185
%
2
NYBROH076
300 Broad Hollow Rd (Corp HQ)
45,130.75
17.5
%
257,436
0.9573
%
 
NYBROH080
Broadhollow Parking Lot
1.00
100.0
%
1
0.0000
%
3
NYHEMA076
60 Hempstead Ave
18,335.00
26.2
%
69,998
0.3889
%
 
NYHEMA080
60 Hempstead Ave Parking
0.26
26.2
%
1
0.0000
%
4
PATOUD076
200 Tournament Dr
-
0.0
%
83,729
0.0000
%
 
 
 
106,767
19.8%
538,787
 

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EXHIBIT B

Schedule of Continuing Term Separate Lease Properties

NOTE: The Net Rentable Areas and Tenant Occupancy Percentages listed below are
all based upon Landlord’s and Tenant’s original estimation of the Net Rentable
Areas of the Leased Premises and the Building on the Commencement Date and are
therefore subject to re-measurement in conformity with the Measurement Standard
as expressed in the Master Lease.

 
Project ID
Project Description
Leased Premises
Leased Premises %
Total SF
Agreed Upon Percentages*
1
CTFARA076
70 Farmington Ave
7,448.98

18.8
%
39,532
0.1580
%
2
CTPARL076
100 Park Lane Rd (Rte 202)
5,303.87

25.4
%
20,874
0.1125
%
3
CTWALS000
48 Wall St
7,020.54

29.9
%
23,501
0.1489
%
4
FLCOCV000
Cocoa Village Downtown
7,444.25

21.1
%
35,208
0.1579
%
5
FLGUL-000
Gulfgate
10,174.00

80.5
%
12,632
0.2158
%
6
FLLAKC100
Lake City Downtown
4,956.52

26.0
%
19,031
0.1051
%
7
FLLAKW500
Lake Wales Downtown
6,500.00

33.3
%
19,500
0.1379
%
8
GADUBM000
Dublin Main Office
-

0.0
%
15,506
0.0000
%
9
GAHOU-000
Houston (BS)
-

0.0
%
7,000
0.0000
%
10
KS38S-000
38th St. Facility
4,652.00

28.0
%
16,587
0.0987
%
11
MDLANP000
Langley Park
-

0.0
%
13,116
0.0000
%
 
MDLANP080
Langley Park Parking
-

0.0
%
1
0.0000
%
12
MDTOW-000
Towson (NCNB)
3,602.00

33.3
%
10,820
0.0764
%
13
MEFLEC076
80 Exchange St (Fleet Ctr)
21,133.06

22.6
%
93,598
0.4483
%
14
MOEASA000
East Arrow
5,397.00

32.1
%
16,798
0.1145
%
15
MOKANC031
Kansas City Ops Center
228,636.02

73.6
%
310,616
4.8498
%
16
NJCENA000
Central Ave & Rte 46
-

0.0
%
13,448
0.0000
%
17
NJMAIS300
276 Main St
8,167.70

25.8
%
31,630
0.1733
%
18
NJNASS076
90 Nassau St (pkg 440 Vandeve
8,981.98

34.1
%
26,359
0.1905
%
19
NJRT13076
243 Rte 130
3,143.90

9.3
%
33,911
0.0667
%
20
NJRTS2000
263 Rts 202/31
3,885.63

34.7
%
11,194
0.0824
%

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21
NMRAT-010
Raton--Motor Facility
774.00

100.0
%
774
0.0164
%
 
NMRATM000
Raton--Main Facility
-

0.0
%
14,108
0.0000
%
22
NY540B076
540 Broadway
-

0.0
%
62,737
0.0000
%
23
NY79-M000
79 Main St
5,009.16

32.0
%
15,663
0.1063
%
 
NYIRMA010
8 Irma Ave (Auto)
100.00

100.0
%
100
0.0021
%
24
NYFOUP076
10 Fountain Plz / 560 Main St
56,936.45

28.7
%
198,259
1.2077
%
25
NYJERA076
20 Jerusalem Ave
-

0.0
%
26,657
0.0000
%
26
NYLIBP076
200 Liberty Plz
2,176.00

5.8
%
37,299
0.0462
%
27
NYPREP076
500 East Genesee St (Presiden
-

0.0
%
20,872
0.0000
%
28
PALAW-000
6425 Rising Sun Ave (Lawndale
3,331.27

22.2
%
15,000
0.0707
%
29
PASANH030
1000 Sandy Hill Rd (Sandy Hil
1,400.00

3.1
%
45,000
0.0297
%
30
RIJORS030
50 Jordan St
-

0.0
%
76,382
0.0000
%
31
TNKIN-000
Kingsport
3,868.00

26.4
%
14,625
8.2000
%
32
TXPAM-000
Pampa - Main
5,044.54

27.3
%
18,463
0.1070
%
 
TXPAM-010
Pampa Motor Bank
1,449.00

100.0
%
1,449
3.0700
%
33
VAPROR000
Providence Road
-

0.0
%
10,819
0.0000
%
 
 
 
416,536

31.3
%
1,329,069

 

* Aggregate Portfolio Purchase Price            $568,635,316.

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EXHIBIT C

Amended and Restated Exhibit A to Master Lease

EXHIBIT A

Leased Premises, Building NRA, Leased Premises NRA and Tenant Occupancy
Percentages

NOTE: The Net Rentable Areas and Tenant Occupancy Percentages listed below are
all based upon Landlord’s and Tenant’s original estimation of the Net Rentable
Areas of the Leased Premises and the Building on the Commencement Date and are
therefore subject to re-measurement in conformity with the Measurement Standard
as expressed in the Master Lease.

Project ID
Project Description
Leased Premises
Leased Premises %
Total SF
Agreed Upon Percentages *
ARBATM000
Batesville Main Facility
5,401.58

29.0
%
18,603
0.1146
%
ARBATP080
Batesville Parking
0.29

29.0
%
1
0.0000
%
ARBEN-000
Bentonville
8,754

81.4
%
10,754
0.1857
%
ARDOW-010
Downtown Drive-In
786

100.0
%
786
0.0167
%
ARMCA-080
McAdams Parking Lot
0.36

35.5
%
1
0.0000
%
ARMCAT030
McAdams Trust Building
7,182.81

35.5
%
20,207
0.1524
%
ARMOUH000
Mountain Home Main Facility
9,919.63

62.2
%
15,959
0.2104
%
AZRH-J000
R.H. Johnson Blvd
12,916

100.0
%
12,916
0.2740
%
CAARN-000
Arnold
10,573

100.0
%
10,573
0.2243
%
CABAYF000
Bay-Fair Branch
10,476.83

68.7
%
15,255
0.2222
%
CABURB000
Burlingame Branch
12,270

100.0
%
12,270
0.2603
%
CACANP100
Canoga Park Branch
10,899

100.0
%
10,899
0.2312
%
CACOLH000
College Heights
12,477

100.0
%
12,477
0.2647
%
CADIN-000
Dinuba
10,450

100.0
%
10,450
0.2217
%
CAEASF100
East Fresno
11,411

100.0
%
11,411
0.2420
%
CAEL-C400
El Camino-Keily Branch
5,642.64

42.9
%
13,138
0.1197
%
CAEURM000
Eureka Main Branch
14,222.91

77.8
%
18,289
0.3017
%
CAEURM080
Eureka Main Parking Lot
0.78

77.7
%
1
0.0000
%
CAFOL-000
Folsom
9,114.62

67.6
%
13,486
0.1933
%

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CAFORB000
Fort Bragg Branch
8,539.80

70.1
%
12,185

0.1811
%
CAHAN-000
Hanford
11,008.00

78.9
%
13,960

0.2335
%
CAHEA-000
Healdsburg
11,060.00

100.0
%
11,060

0.2346
%
CAHEMM000
Hemet Main
17,800.00

100.0
%
17,800

0.3776
%
CAHILB200
Hilltop Branch
9,891.28

70.3
%
14,080

0.2098
%
CALANM000
Lancaster Main Office
13,953.00

75.2
%
18,543

0.2960
%
CALEM-000
Lemoore 587
9,113.00

88.4
%
10,310

0.1933
%
CALINV100
Lincoln Village
13,516.39

73.9
%
18,294

0.2867
%
CALIV-000
Livermore
17,590.00

100.0
%
17,590

0.3731
%

2

--------------------------------------------------------------------------------

CAMAR-100
Marysville Branch
5,363.69

48.3
%
11,105

0.1138
%
CAMARL000
Martin Luther King Jr
12,232.00

100.0
%
12,232

0.2595
%
CAMIS2300
Mission-23rd St Branch
12,393.00

100.0
%
12,393

0.2629
%
CAMON-400
Montrose
10,859.00

100.0
%
10,859

0.2303
%
CAONTP000
Ontario Plaza
12,220.00

75.2
%
16,250

0.2592
%
CAORA-000
Orangevale Branch
9,718.46

69.5
%
13,988

0.2061
%
CAORO-100
Oroville Branch
6,284.43

48.5
%
12,945

0.1333
%
CAPET-000
Petaluma
13,262.72

76.5
%
17,330

0.2813
%
CAPLE-000
Pleasanton
8,885.89

67.4
%
13,186

0.1885
%
CAPOR-000
Porterville
11,513.00

74.2
%
15,521

0.2442
%
CAREE-000
Reedley
8,923.00

71.0
%
12,568

0.1893
%
CARES-000
Reseda Branch
10,964.00

77.4
%
14,164

0.2326
%
CARID-000
Ridgecrest
10,428.00

100.0
%
10,428

0.2212
%
CARID-080
Ridgecrest Parking
1.00

100.0
%
1

0.0000
%
CASEAB100
Seaside Branch
7,538.92

65.0
%
11,605

0.1599
%
CASHEO000
Sherman Oaks
10,595.00

100.0
%
10,595

0.2247
%
CASLAV000
Slauson-Vermont Branch
13,763.00

100.0
%
13,763

0.2919
%
CAST-H000
St Helena
12,568.00

100.0
%
12,568

0.2666
%
CASTOA000
Stockton Agri-Center
12,308.70

72.0
%
17,087

0.2611
%
CASUNI100
Sunnyvale Industrial Branch
9,577.31

49.4
%
19,392

0.2032
%
CASUSB000
Susanville Branch
8,244.43

66.6
%
12,382

0.1749
%
CATOLL000
Toluca Lake
14,175.00

100.0
%
14,175

0.3007
%
CATOLL080
Toluca Lake Parking
1.00

100.0
%
1

0.0000
%
CATUR-000
Turlock
12,113.00

83.5
%
14,513

0.2569
%
CAVACF000
Vacaville Financial Center
11,310.94

64.6
%
17,510

0.2399
%
CAVERB000
Vernon Branch
13,495.00

100.0
%
13,495

0.2863
%
CAWESL100
West Los Angeles Branch
15,348.00

100.0
%
15,348

0.3256
%
CAWILG100
Willow Glen Branch
6,338.35

62.1
%
10,201

0.1344
%
CAWOO-000
Woodland
8,367.74

50.3
%
16,623

0.1775
%
CTBATP076
70 Batterson Park Rd
126,711.00

100.0
%
126,711

2.6878
%

3

--------------------------------------------------------------------------------

CTGREA076
240 Greenwich Ave (Exec)
31,873.00

83.8
%
38,042
0.6761
%
CTMAIS076
777 Main St
235,849.00

69.7
%
338,337
5.0028
%
DECHR-030
300 North Wakefield Dr (Chris
121,800.00

100.0
%
121,800
2.5836
%
FLBAY-300
Bayshore
10,608.22

60.3
%
17,600
0.2250
%
FLBAYP000
Bay Point
8,765.00

55.0
%
15,922
0.1859
%
FLBELB100
Bellair Bluffs
5,965.23

36.8
%
16,230
0.1265
%
FLBLO-100
Blountstown
6,549.00

52.6
%
12,446
0.1389
%
FLCHAH200
Charlotte Harbor
5,415.00

45.0
%
12,030
0.1149
%
FLCORR200
Coral Ridge (CF)
7,450.00

39.9
%
18,687
0.1580
%
FLCRYR000
Crystal River
10,260.00

76.0
%
13,500
0.2176
%
FLDAYB200
Daytona Beach Intl Speedway
14,400.00

100.0
%
14,400
0.3055
%
FLDELP000
Del Prado/Viscaya
7,606.00

61.0
%
12,478
0.1613
%
FLEASB100
East Bay Largo
8,030.00

49.1
%
16,370
0.1703
%
FLEASB110
East Bay Largo Drive-In
332.00

100.0
%
332
0.0070
%
FLEUS-010
Eustis-Remote Drive In
485.00

100.0
%
485
0.0103
%
FLEUS-100
Eustis
6,686.00

47.7
%
14,029
0.1418
%
FLFORM000
Fort Myers Beach
6,432.00

52.2
%
12,324
0.1364
%
FLFORW000
Fort Walton Beach
7,265.00

48.7
%
14,931
0.1541
%
FLFORW010
Fort Walton Beach Remote DI
400.00

100.0
%
400
0.0085
%
FLHOMO000
Homestead Office
12,393.00

79.8
%
15,528
0.2629
%
FLINDR000
Indian Rocks
6,480.05

41.0
%
15,813
0.1375
%
FLINV-010
Inverness Drive-In
350.00

100.0
%
350
0.0074
%
FLINV-400
Inverness
8,403.14

49.8
%
16,860
0.1782
%
FLJAC-200
Jacaranda/West Sunrise
7,668.00

50.0
%
15,336
0.1627
%
FLJAYO000
Jay Office
5,217.00

50.5
%
10,334
0.1107
%
FLLIVO100
Live Oak
4,910.38

27.3
%
18,000
0.1042
%
FLLON-000
Longwood/Central Pkwy
5,099.00

36.6
%
13,916
0.1082
%
FLMIAS000
Miami Shores/Shores Villages
6,996.00

38.5
%
18,170
0.1484
%
FLMIAS200
Miami Shores
5,974.00

50.9
%
11,737
0.1267
%
FLMID-300
Midway
14,092.00

100.0
%
14,092
0.2989
%

4

--------------------------------------------------------------------------------

FLPAL-100
Palatka
3,632.71

33.6
%
10,800
0.0771
%
FLPALB030
Palm Beach Vault
14,252.00

100.0
%
14,252
0.3023
%
FLPLA-000
Plantation
13,296.00

100.0
%
13,296
0.2820
%
FLPLA-010
Plantation Drive-In
670.00

100.0
%
670
0.0142
%
FLSOUL000
South Lakeland/Lake Miriam
4,800.00

50.0
%
9,600
0.1018
%
FLST-P000
St. Petersburg Beach
5,612.00

48.0
%
11,700
0.1190
%
FLTARS000
Tarpon Springs
7,800.00

58.7
%
13,280
0.1655
%
FLTAV-100
Tavernier
7,560.00

73.0
%
10,350
0.1604
%
FLTROC000
Trouble Creek
5,998.00

38.8
%
15,475
0.1272
%
FLTROC010
Trouble Creek Remote Drive In
600.00

100.0
%
600
0.0127
%
FLWEEW000
Weeki Wachee
10,684.23

64.2
%
16,630
0.2266
%
FLWES-700
Westside
6,540.25

53.2
%
12,300
0.1387
%
GAABEV000
Aberdeen Village
13,990.00

73.4
%
19,058
0.2968
%
GADEC-000
Decatur (BS)
7,743.00

59.6
%
13,000
0.1642
%
GAEASP000
East Point
6,557.92

43.6
%
15,042
0.1391
%
GAFIT-010
Fitzgerald Drive-In
475.00

100.0
%
475
0.0101
%
GAFITM000
Fitzgerald Main
4,642.00

48.5
%
9,575
0.0985
%
GAHAR-010
Hartwell Drive-in
367.00

100.0
%
367
0.0078
%
GAHARM000
Hartwell Main
5,863.00

50.0
%
11,726
0.1244
%
GAJES-000
Jesup
6,700.00

55.4
%
12,100
0.1421
%
GANEWM000
Newnan Main
5,574.12

28.0
%
19,940
0.1182
%
MA102M076
1025 - 1075 Main (Building I
283,742.00

100.0
%
283,742
6.0187
%
MA46-P000
46 Pleasant St
7,540.61

34.5
%
21,854
0.1600
%
MAMALO030
200 Exchange St (Malden Ops C
311,587.00

100.0
%
311,587
6.6093
%
MAPLES076
700 Pleasant St
14,290.92

20.8
%
68,718
0.3031
%
MDEAS-000
Easton - BAL
-

0.0
%
18,679
0.0000
%
MDWHE-000
Wheaton
6,554.00

35.6
%
18,391
0.1390
%
MECOUS000
178 Court St
8,930.91

65.7
%
13,600
0.1894
%
MEGAND030
65 Gannett Dr
26,610.00

79.7
%
33,403
0.5644
%
MOBAL-000
Ballwin Facility
7,558.09

53.1
%
14,221
0.1603
%

5

--------------------------------------------------------------------------------

MOBEL-000
Belton Facility
8,000.00

50.9
%
15,720
0.1697
%
MOFOR-200
Forsyth Facility
5,327.00

50.0
%
10,645
0.1130
%
MOFROS000
Front Street Facility
5,168.17

39.9
%
12,949
0.1096
%
MOI70N000
I-70 & Noland Facility
9,718.77

69.7
%
13,941
0.2062
%
MOMETH000
Metropolitan/Holmes
6,796.14

50.1
%
13,573
0.1442
%
MOOFAM000
O'Fallon MO Facility
4,097.37

35.8
%
11,451
0.0869
%
MOWES-100
Westport Facility
7,995.00

41.6
%
19,228
0.1696
%
NCGATC076
Gateway Center - Charlotte
298,091.00

96.1
%
310,208
6.3231
%
NCHENM200
Hendersonville Main Office
7,925.71

69.2
%
11,460
0.1681
%
NHCENS000
20 Central Sq
8,560.37

41.6
%
20,593
0.1816
%
NHMAIS076
143-157 Main St
26,737.00

51.0
%
52,451
0.5671
%
NHMARS000
3 Pleasant St (Market Sq)
14,189.00

100.0
%
14,189
0.3010
%
NJ310B000
3109 Bergenline Ave (31st S
6,031.00

43.2
%
13,974
0.1279
%
NJ639R000
639 Rte 18 & Arthur St
14,920.00

100.0
%
14,920
0.3165
%
NJBEER076
40 Beechwood Rd
13,132.00

100.0
%
13,132
0.2786
%
NJBELA076
209-215 Bellevue Ave
26,941.00

100.0
%
26,941
0.5715
%
NJCHAB000
150 Chambers Bridge Rd
5,936.00

35.0
%
16,940
0.1259
%
NJCRAR000
591 Cranbury Rd
10,587.27

66.6
%
15,896
0.2246
%
NJEASR000
54 East Ridgewood Ave
15,000.00

55.6
%
27,000
0.3182
%
NJHACS000
207-209 Hackensack St
4,937.00

42.2
%
11,700
0.1047
%
NJHUNS100
4 Hunter St
6,565.00

50.8
%
12,917
0.1393
%
NJHWY9076
3670 Hwy 9
19,651.00

77.5
%
25,353
0.4168
%
NJMAIC000
Main & Corliss
10,429.00

75.0
%
13,914
0.2212
%
NJMAPA100
161 Maplewood Ave (Main)
9,038.46

45.9
%
19,706
0.1917
%
NJNORW000
601,607-609 North Wood Ave
16,597.00

100.0
%
16,597
0.3521
%
NJNSRT070
395 N/S Rte 70
13,859.00

79.2
%
17,490
0.2940
%
NJRT-2076
1125 Rte 22 West
49,272.72

51.9
%
94,932
1.0452
%
NJRT-7076
4900 Rte 70
17,732.00

81.6
%
21,732
0.3761
%
NJSOUO000
8 South Orange Ave
4,967.00

37.6
%
13,211
0.1054
%
NJSOUW000
35 South Washington Ave
10,100.00

80.2
%
12,600
0.2142
%

6

--------------------------------------------------------------------------------

NJSPRA200
367 Springfield Ave
14,941.00

100.0
%
14,941
0.3169
%
NJSUMR100
296 Summerhill Rd
7,945.00

49.3
%
16,107
0.1685
%
NJTILR000
1501 Tilton Rd
9,301.00

60.1
%
15,478
0.1973
%
NMAMA-000
Amador
6,756.00

62.8
%
10,756
0.1433
%
NMLASC076
Las Cruces Main Aux. Bldg.
-

0.0
%
5,190
0.0000
%
NMLASC080
Las Cruces Br. Parking
1.00

100.0
%
1
0.0000
%
NMSANF010
Santa Fe - Motor Bank
7,180.00

100.0
%
7,180
0.1523
%
NMSANF200
Santa Fe--Main Facility
15,629.02

48.2
%
32,439
0.3315
%
NVLASV030
Las Vegas Operations CTR
98,058.00

66.2
%
148,058
2.0800
%
NVRENO030
Reno Operations Center
22,658.00

55.7
%
40,658
0.4806
%
NY168S000
91-16 168th St
10,089.00

100.0
%
10,089
0.2140
%
NY333P000
3330 Park Ave
7,514.00

66.7
%
11,264
0.1594
%
NY575B030
575 Broadway (Peter D Kiernan
103,638.00

100.0
%
103,638
2.1984
%
NYBROR076
600 Broadhollow Rd
13,337.00

66.7
%
20,004
0.2829
%
NYCUTM020
17 Cutter Mill Rd
126.00

100.0
%
126
0.0027
%
NYEASA076
1 East Ave
73,160.00

74.1
%
98,717
1.5519
%
NYEASP000
52 East Park Ave
10,790.00

97.7
%
11,040
0.2289
%
NYGENS076
268 Genesee St (Complex)
36,000.00

49.6
%
72,549
0.7636
%
NYGENS176
120 Genesee St
30,295.00

62.9
%
48,144
0.6426
%
NYGRAA100
2300 Grand Ave
9,038.00

70.3
%
12,849
0.1917
%
NYHEM-076
15 Hempstead
32,574.00

100.0
%
32,574
0.6910
%
NYHEMA000
269 Hempstead Ave
7,875.00

68.2
%
11,548
0.1670
%
NYHEMT000
2310 Hempstead Tpke
8,038.00

72.6
%
11,071
0.1705
%
NYHEMT200
3161 Hempstead Tpke
11,788.00

100.0
%
11,788
0.2500
%
NYJAMS080
49 James St
1.00

100.0
%
1
0.0000
%
NYMERA076
15 Merrick Ave
17,117.00

70.2
%
24,392
0.3631
%
NYMIDN000
10 Middle Neck Rd
9,465.00

92.5
%
10,236
0.2008
%
NYSTAS076
500 State St
20,787.00

25.5
%
81,577
0.4409
%
NYSTAS176
69 State St
106,544.00

64.0
%
166,506
2.2600
%
NYSTAS276
63 State St
-

0.0
%
8,164
0.0000
%

7

--------------------------------------------------------------------------------

NYTHIS076
418 Third St
11,118.00

54.4
%
20,446
0.2358
%
NYTRAR030
2970 Transit Rd
88,970.00

100.0
%
88,970
1.8872
%
OKBROA000
Broken Arrow Facility
5,646.00

54.0
%
10,446
0.1198
%
OKCAT-000
Catoosa Facility
5,476.45

47.3
%
11,580
0.1162
%
OKENI-000
Enid Facility
3,892.33

44.8
%
8,681
0.0826
%
OKFOUC000
Founder's Center
14,201.12

66.2
%
21,468
0.3012
%
OKNORP076
North Pointe Facility
6,097.00

12.7
%
48,072
0.1293
%
OKTULS000
Tulsa Security/31st Street
7,943.33

57.6
%
13,791
0.1685
%
OKWES-000
Western Drive In
5,365.72

53.5
%
10,032
0.1138
%
ORGRAP100
Grants Pass
7,828.34

38.5
%
20,337
0.1661
%
ORGRE-000
Gresham
12,687.00

83.3
%
15,229
0.2691
%
ORPAR-000
Parkrose
8,245.81

56.2
%
14,682
0.1749
%
ORRED-000
Redmond
3,649.05

72.4
%
5,037
0.0774
%
PABLAM030
550 Blair Mill Rd
95,990.00

100.0
%
95,990
2.0361
%
PABUSA100
9501 Bustleton Ave
18,500.00

100.0
%
18,500
0.3924
%
PAEAST100
6 East Trenton Ave
7,187.00

56.8
%
12,650
0.1524
%
RIDUPD076
125 Dupont Dr (operations ctr
150,558.00

85.4
%
176,203
3.1936
%
RIPOSR076
6725 Post Rd
8,772.00

37.7
%
23,241
0.1861
%
SCFLOM000
Florence Main Office
6,570.00

50.0
%
13,140
0.1394
%
SCGREM100
Greenwood Main Office
7,245.00

29.9
%
24,241
0.1537
%
SCHILH000
Hilton Head -- Pope Ave.
9,132.82

52.7
%
17,340
0.1937
%
SCROCH300
Rock Hill MO (RHNB)
10,317.00

59.8
%
17,263
0.2188
%
SCSPAM000
Spartanburg Main Office
11,990.00

64.2
%
18,678
0.2543
%
TNCLAM000
Clarksville Main Office
8,610.79

35.7
%
24,142
0.1827
%
TNCLAM081
Clarksville M.O. Pkg. Lot #2
0.29

29.2
%
1
0.0000
%
TNCOLM000
Columbia Main Office
5,292.94

45.8
%
11,562
0.1123
%
TNLEB-000
Lebanon Main Office
6,555.42

47.3
%
13,847
0.1391
%
TNOAKR000
Oak Ridge Main Office
9,115.00

50.0
%
18,235
0.1933
%
TNOAKR080
Oak Ridge Main Office Parking
1.00

100.0
%
1
0.0000
%

8

--------------------------------------------------------------------------------

TXBEA-010
Beaumont Remote Motor Bank
6,660.00

100.0
%
6,660

0.1413
%
TXBEA-080
Beaumont Parking
1.00

100.0
%
1

0.0000
%
TXCAMW000
Camp Wisdom
4,425.33

57.6
%
7,680

0.0939
%
TXCAMW080
Camp Wisdom - Parking
0.58

57.6
%
1

0.0000
%
TXCAMW081
Camp Wisdom - Parking
0.58

57.6
%
1

0.0000
%
TXCAMW082
Camp Wisdom - Parking
0.58

57.6
%
1

0.0000
%
TXHAR-000
Harlandale
7,537.17

47.4
%
15,904

0.1599
%
TXHAR-010
Harlandale Remote Motor Bank I
1,289.00

100.0
%
1,289

0.0273
%
TXNED-000
Nederland
5,341.04

32.2
%
16,574

0.1133
%
TXNED-010
Nederland Remote Motor Bank
2,357.00

100.0
%
2,357

0.0500
%
TXNORH000
Northern Hills
8,042.00

100.0
%
8,042

0.1706
%
TXNORH010
Northern Hills Remote Motor Bk
1,300.00

17.7
%
7,347

0.0276
%
TXNORH050
Northern Hills Land
-

0.0
%
1

0.0000
%
TXSHOC100
Shoal Creek (BB)
5,379.00

57.6
%
9,337

0.1141
%
TXSTE-200
Steeplechase (Cy-Fair) (CH)
10,502.00

68.3
%
15,372

0.2228
%
TXUVA-000
Uvalde
4,935.23

38.5
%
12,805

0.1047
%
TXUVA-080
Uvalde - Parking
0.39

38.5
%
1

0.0000
%
TXWICF010
Wichita Falls Rmt Motor Bk
850.00

100.0
%
850

0.0180
%
TXWICF083
Wichita Falls - Parking
1.00

100.0
%
1

0.0000
%
TXWICF100
Wichita Falls (New)
8,876.00

59.1
%
15,015

0.1883
%
VAABI-000
Abingdon
6,900.00

59.4
%
11,610

0.1464
%
VACENS000
Central Springfield
9,404.00

43.7
%
21,522

0.1995
%
VACOLR000
Coliseum-Riverdale
10,595.00

71.6
%
14,802

0.2247
%
VAFAIC000
Fairfax Courthouse
16,130.00

100.0
%
16,130

0.3421
%
VAORA-000
Orange
6,467.00

49.6
%
13,041

0.1372
%
VAROBB000
Robinson & Broad
13,466.00

69.2
%
19,465

0.2856
%
WABAL-000
Ballard
9,675.88

55.0
%
17,581

0.2052
%
WACAM-000
Camas
3,830.13

48.5
%
7,894

0.0812
%
WACLA-000
Clarkston
9,009.00

100.0
%
9,009

0.1911
%
WAEDM-000
Edmonds
7,954.94

70.7
%
11,251

0.1687
%

9

--------------------------------------------------------------------------------

WAGRE-000
Greenwood
7,622.36

62.2
%
12,248

0.1617
%
WAIND-000
Industrial Br
5,175.99

35.9
%
14,437

0.1098
%
WAKEN-100
Kennewick
9,336.62

70.1
%
13,314

0.1980
%
WALYN-000
Lynden Branch
4,501.06

52.7
%
8,533

0.0955
%
WALYN-080
Lynden BR Parking
0.53

52.8
%
1

0.0000
%
WAPORT000
Port Townsend
5,379.89

53.1
%
10,133

0.1141
%
WAQUI-000
Quincy Branch
4,065.79

47.9
%
8,480

0.0862
%
WASEQ-000
Sequim
8,948.83

69.9
%
12,796

0.1898
%
WAWENV000
Wenatchee Valley
9,892.31

56.0
%
17,653

0.2098
%
 
Exchange Property
34,891

100.0
%
 
0.7401
%
 
 
4,191,045

72.8
%
5,760,538
 

* Aggregate Portfolio Purchase Price            $568,635,316.

10