Our diverse portfolio of high quality properties is located in the long-term growth markets of California, Arizona, Colorado and Texas.  These markets are characterized by:  1) high barriers to entry for the development of new commercial buildings; 2) a reputation for high quality of life; and 3) a history of long-term job formation.  As a result, these markets tend to maintain their supply and demand balance, historically have produced more rental rate growth, and tend to offer greater protection during an economic downturn or from supply side risk.