2005
		BUFFALO, NY
Inventory		Central City		Suburban		Total
Total		8,756,074	SF	47,573,812	SF	56,329,886	SF
Vacant		1,424,641	SF	3,662,185	SF	5,086,826	SF
Vacancy Rates		16.27%		7.70%		9.03%
Under Construction		0	SF	610,000	SF	610,000	SF
Net Absorption		-67,992	SF	211,521	SF	143,529	SF
				2004
		BUFFALO, NY
Inventory		Central City		Suburban		Total
Total		8,251,666	SF	46,744,322	SF	54,995,988	SF
Vacant		1,232,016	SF	3,878,766	SF	5,110,782	SF
Vacancy Rates		14.93%		8.30%		9.29%
Under Construction		0	SF	150,000	SF	150,000	SF
Net Absorption		43,691	SF	578,380	SF	622,071	SF
				2003
		BUFFALO, NY
Inventory		Central City		Suburban		Total
Total		28,225,000	SF	73,250,000	SF	101,475,000	SF
Vacant		4,364,000	SF	5,860,000	SF	10,224,000	SF
Vacancy Rates		15.46%		8.00%		10.08%
Under Construction		0	SF	175,000	SF	175,000	SF
Net Absorption		(76,260)	SF	421,675	SF	345,415	SF
				2002
		BUFFALO, NY
Inventory		Central City		Suburban		Total
Total		29,370,000	SF	72,990,000	SF	102,360,000	SF
Vacant