2005    
         
 LOS ANGELES AREA, CA 
        
Inventory Central CitySuburbanTotal 
        
Total 560,896,600SF207,373,300SF768,269,900SF 
Vacant 20,955,600SF15,639,900SF36,595,500SF 
Vacancy Rates 3.74% 7.54% 4.76%  
Under Construction 6,731,900SF1,137,400SF7,869,300SF 
Net Absorption 5,205,800SF5,001,700SF10,207,500SF 
        
        
    2004    
         
 LOS ANGELES AREA, CA 
        
Inventory Central CitySuburbanTotal 
        
Total 548,097,400SF183,233,400SF731,330,800SF 
Vacant 31,323,800SF17,942,300SF49,266,100SF 
Vacancy Rates 5.72% 9.79% 6.74%  
Under Construction 10,157,400SF777,700SF10,935,100SF 
Net Absorption 18,260,000SF-616,800SF17,643,200SF 
        
        
    2003    
         
 LOS ANGELES AREA, CA 
        
Inventory Central CitySuburbanTotal 
        
Total 545,767,800SF182,000,000SF727,767,800SF 
Vacant 41,560,500SF14,460,000SF56,020,500SF 
Vacancy Rates 7.62% 7.95% 7.70%  
Under Construction 4,537,100SF1,200,000SF5,737,100SF 
Net Absorption 6,596,100SF3,280,000SF9,876,100SF 
        
        
    2002    
         
 LOS ANGELES AREA, CA 
        
Inventory Central CitySuburbanTotal 
        
Total 536,422,400SF0SF536,422,400SF 
Vacant