CresaPartners in Boston, the firm’s headquarters, tracks local real estate market statistics by five primary geographic submarkets—Downtown Boston, Cambridge, Route 128 North, Route 128 South, and Metro West/Route 495—with an experienced, professional staff in each specific submarket. While current market conditions are changing, we expect that it will remain a generally balanced market for the rest of this year. Companies that plan ahead still have an opportunity to lock into favorable terms, whether they are relocating or renewing and restructuring their leases. Please refer to the Boston Tenant's Guide for current market specifics such as average rental and vacancy rates.

Integrated Data Corp., through its subsidiaries, offers a range of telecommunications, wireless, point-of-sale activation, financial transaction, and other services in the United States. It develops and sells prepaid and stored-value products that allow point-of-sale-activation of various products, such as cash cards, prepaid phone cards, and prepaid wireless phone time. The company also owns ClariCAST, a wireless technology that allows the distribution of data utilizing the existing broadcast infrastructure of FM radio stations. The company was founded in 1988 and is based in Wilmington, Delaware.

Great Atlantic Management Company offers apartment locator services. The late Edwin Joseph founded Great Atlantic Management in 1964. His wife, Adrianne Ryder-Cook Joseph now oversees the company. What's so great about Great Atlantic Management? The firm owns and manages some 10,000 apartment units and 500,000 sq. ft. of commercial real estate in the southeastern US, that's what. The multifamily properties feature garden and townhouse-style apartments; several complexes in the Hampton Roads, Virginia, area are on the waterfront. Great Atlantic Property Management's apartment complexes are primarily located along the coast of Virginia

Charlotte, N.C.-based Grandbridge, one of the largest full-service commercial and multifamily mortgage banking companies in the nation, arranges permanent commercial and multifamily real estate loans, services loan portfolios, and provides asset and portfolio management as well as real estate brokerage services on a national basis. The company has a broad capital provider base that includes insurance companies, pension fund advisors, and commercial banks as well as a proprietary lending platform.Grandbridge is a Fannie Mae DUS® (Delegated Underwriting and Servicing) lender, a Freddie Mac Program Plus® Seller/Servicer and Targeted Affordable Housing Lender, and an active participant in FHA-insured loan products as a MAP-approved multifamily lender and a LEAN-approved healthcare lender.

Founded in 1974, Davidson has grown hand-in-hand with the industry. We have successfully managed the emergence of various trends, new concepts and economic highs and lows, proving to be profitable in all types of markets and economic environments. We have remained the industry leader in profitability and quality; our excellence has become our hallmark. We are committed to our owners, investors and guests to deliver hospitality and create value every customer, every time.Davidson Hotel Company is one of the nation’s largest independent hotel management companies, specializing in the renovating, repositioning and rebranding of hotels and resorts. With a portfolio comprised of 46 hotels and more than 13,000 rooms, Davidson’s strength remains in providing each of its properties with the individualized service characteristic of a small company, enhanced by the breadth and depth of skill that accompanies experience.

PM Realty Group serves corporations, government agencies, and investors through 25 regional and divisional offices. Clients include Chevron, JPMorgan Chase, and TIAA-CREF. The firm was founded in 1954 as the Fletcher Emerson Company; it later became Property Management Systems and emerged as PM Realty after a 1990 buyout.PM Realty Group keeps its properties running day and night. The company manages a $25 billion client portfolio (some 160 million sq. ft. of office, retail, residential, and industrial space) of real estate throughout the US. It provides services including property management, marketing and leasing, construction and development services, and investment management.

Doral Financial Corporation sells insurance products through Doral Insurance Agency. A group of institutional investors led by Irving Place Capital (formerly Bear Stearns Merchant Banking) owns 90% of the company. The Caribbean is home to more than just sun and fun. Doral Financial offers mortgage, retail, and business banking in Puerto Rico. Traditionally known as a mortgage-banking concern, the company has refocused its efforts to become a broader based community banking institution. The company's Doral Bank has about 40 branches in the Commonwealth. In addition to mortgages, the company offers construction, business, consumer, and other loans. Besides providing mortgage banking services through Doral Bank,

Drucker & Falk is a real estate services firm specializing in third party multifamily fee management; third party commercial fee management; commercial sales & leasing; senior living; and related ancillary services.The company was founded in 1938, and has a proven record of success, surviving and thriving for over seven decades and through even the most challenging real estate cycles. Today, Drucker & Falk operates in seven Mid-Atlantic and Southeastern states and has offices in Newport News, VA; Raleigh, NC; Richmond, VA; Charlotte, NC; and Wilmington, NC.The company has operated as a family business since it began, and is now in its third generation of leadership.

PS Business Parks, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the acquisition, development, ownership, and operation of commercial properties primarily multi-tenant flex, office, and industrial space. As of December 31, 2007, the company owned and operated approximately 19.6 million rentable square feet of commercial space located in Arizona, California, Florida, Maryland, Oregon, Texas, Virginia, and Washington, as well as managed approximately 1.4 million rentable square feet. It also owned approximately 6.4 acres of land in Northern Virginia; 14.9 acres in Portland, Oregon; and 10.0 acres in Dallas, Texas for the development of commercial properties. PS Business Parks has elected to be taxed as a REIT under the Internal Revenue Code and would not be subject to federal income tax to the extent it distributes at least 90% of its REIT taxable income to its shareholders. The company was founded in 1983. It was formerly known as Public Storage Properties XI, Inc. and changed its name to PS Business Parks, Inc. in 1998. The company is based in Glendale, California.

Development Securities PLC is a property development and investment company. Its principal objective is to carry out substantial, complex developments in a risk averse manner with a view to adding maximum value for its shareholders. The Company's major schemes under development have been forward funded, or the financial risk shared with a number of different institutional partners; such funding, quite apart from the significant reduction of downside risk to us, enables Development Securities to benefit in a material way from any strong improvement in specific letting markets.

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