Presented by:

Alex Hayden, License # 01202588Executive DirectorCushman & Wakefield of California, Inc.License # 006163352020 Main St., 10th FloorIrvine, CA 92614949.930.4382 / C 949.275.7579

March 16, 2010March 16, 2010

San Fernando Valleya) 18.5% / 22,097,161b) (981,576)c) 85,113d) $2.31

Tri-Citiesa) 18.1% / 22,913,708b) (928,902)c) 0d) $2.91

Inland Empirea) 26.0% / 16,841,569b) (116,215)c) 70,837d) $1.99

San Gabriel Valleya) 18.4% / 11,381,062b) (517,970)c) 0d) $1.99

Los Angeles CBDa) 16.7% / 28,480,147b) (839,751)c) 0d) $2.92

North Orange Countya) 17.9% / 5,833,247b) (181,152)c) 0d) $2.06

Central Orange Countya) 17.2% / 18,485,141b) (340,283)c) 81,646d) $1.95

West Orange Countya) 13.6% / 4,247,760b) (84,093)c) 0d) $1.95 CBD Greater Airport Area

a) 22.5% / 35,882,702b) (1,624,507)c) 0d) $2.28

SoCal Totals*Overall Vacancy Rate/Inventory:18.5% / 291,215,312YTD Overall Net Absorption (Square Feet):(9,643,323)Under Construction (Square Feet):1,103,608Overall Average Gross Asking Rent:$2,41*not all SoCal Markets are depicted on map

South Orange Countya) 20.8% / 16,828,348b) (730,559)c) 0d) $2.16

South Baya) 19.6% / 30,669,349b) (869,415)c) 0d) $2.01

West LAa) 14.7% / 49,631,110b) (1,347,760)c) 947,658d) $3.43

Legenda) Overall Vacancy Rate / Inventoryb) YTD Overall Net Absorption (Square Feet)c) Under Construction (Square Feet)d) Overall Average Gross Asking Rent