NAI James E. Hanson -- Office Class B Market Reports

Statistical Data on Morris County NJ Market

Quarter	Vacancy Rate	Sublease Rate	Availability Rate	Asking Rent
2010-Q4 2010-Q3 2010-Q2 2010-Q1 2009-Q4 2009-Q3 2009-Q2 2009-Q1 2008 AVG 2007 AVG 2006 AVG 2005 AVG 2004 AVG 2003 AVG 2002 AVG	13.88% 13.22% 11.13% 10.93% 11.31% 11.60% 12.18% 11.73% 11.33% 11.21% 9.51% 11.05% 8.85% 8.90% 8.71%	0.70% 0.82% 1.62% 1.82% 1.62% 1.64% 1.54% 1.51% 1.56% 0.86% 0.23% 0.35% 0.70% 1.65% 2.65%	14.58% 14.04% 12.74% 12.75% 12.93% 13.24% 13.72% 13.25% 12.89% 12.06% 9.75% 11.39% 9.55% 10.55% 11.36%	$21.55 $21.66 $21.86 $21.49 $21.51 $21.77 $21.88 $22.7 $22.56 $22.73 $23.53 $23.06 $21.46 $21.8 $22.94