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DRA CRT ACQUISITION Message Board

  • Younessi Younessi Dec 8, 2008 12:54 PM Flag

    From DRA Advisors

    "#

    Immediately after the merger in 2005, the Company’s portfolio included 26 office properties totaling 11 million square feet and 14 land parcels. The portfolio was approximately 86% leased.
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    Since the merger, 8 properties and 9 land parcels have been sold.
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    Currently, the portfolio includes 18 office properties totaling 8.5 million square feet and 5 land parcels. The portfolio is approximately 87% leased as of September 30, 2008 and net operating income has increased since the merger in 2005.

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