Schedule III: Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2015

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III: Real Estate and Accumulated Depreciation

SCHEDULE III:

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2015

				(b) Initial Cost		(c) Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision		Gross Amount Carried At Close of Period 12/31/15				Year Acquired/ Constructed	Depreciable Lives (Years)
Building Address		Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements			Land	Buildings and Improvements	Total	Accumulated Depreciation 12/31/2015
			(In thousands)
Atlanta
1650 Highway 155		McDonough, GA	—	788	4,544	(425	)	365	4,542	4,907	2,790	1994	(j)
1665 Dogwood		Conyers, GA	—	635	3,662	978		635	4,640	5,275	2,392	1994	(j)
1715 Dogwood		Conyers, GA	—	288	1,675	824		228	2,559	2,787	1,098	1994	(j)
11235 Harland Drive		Covington, GA	—	125	739	218		125	957	1,082	472	1994	(j)
4051 Southmeadow Parkway		Atlanta, GA	—	726	4,130	1,472		726	5,602	6,328	2,511	1994	(j)
4071 Southmeadow Parkway		Atlanta, GA	—	750	4,460	1,752		828	6,134	6,962	3,110	1994	(j)
4081 Southmeadow Parkway		Atlanta, GA	—	1,012	5,918	1,873		1,157	7,646	8,803	3,623	1994	(j)
5570 Tulane Drive	(d)	Atlanta, GA	2,240	527	2,984	1,345		546	4,310	4,856	1,840	1996	(j)
955 Cobb Place		Kennesaw, GA	2,828	780	4,420	930		804	5,326	6,130	2,272	1997	(j)
1005 Sigman Road		Conyers, GA	1,909	566	3,134	439		574	3,565	4,139	1,414	1999	(j)
2050 East Park Drive		Conyers, GA	—	452	2,504	472		459	2,969	3,428	1,095	1999	(j)
3060 South Park Blvd		Ellenwood, GA	—	1,600	12,464	3,010		1,604	15,470	17,074	4,444	2003	(j)
Greenwood Industrial Park		McDonough, GA	4,235	1,550	—	7,632		1,550	7,632	9,182	2,163	2004	(j)
46 Kent Drive		Cartersville GA	—	794	2,252	85		798	2,333	3,131	855	2005	(j)
605 Stonehill Drive		Atlanta, GA	—	485	1,979	(16	)	490	1,958	2,448	1,817	2005	(j)
5095 Phillip Lee Drive		Atlanta, GA	3,821	735	3,627	493		740	4,115	4,855	2,632	2005	(j)
6514 Warren Drive		Norcross, GA	—	510	1,250	103		513	1,350	1,863	445	2005	(j)
6544 Warren Drive		Norcross, GA	—	711	2,310	243		715	2,549	3,264	965	2005	(j)
5356 E. Ponce De Leon		Stone Mountain, GA	—	604	3,888	128		610	4,010	4,620	2,058	2005	(j)
5390 E. Ponce De Leon		Stone Mountain, GA	—	397	1,791	199		402	1,985	2,387	823	2005	(j)
195 & 197 Collins Boulevard		Athens, GA	—	1,410	5,344	539		989	6,304	7,293	3,583	2005	(j)
1755 Enterprise Drive		Buford, GA	1,201	712	2,118	(227	)	716	1,887	2,603	668	2006	(j)
4555 Atwater Court		Buford, GA	2,150	881	3,550	231		885	3,777	4,662	1,198	2006	(j)
80 Liberty Industrial Parkway		McDonough, GA	—	756	3,695	(1,244	)	467	2,740	3,207	1,027	2007	(j)
596 Bonnie Valentine		Pendergrass, GA	—	2,580	21,730	3,711		2,594	25,427	28,021	6,990	2007	(j)
11415 Old Roswell Road		Alpharetta, GA	3,135	2,403	1,912	610		2,428	2,497	4,925	995	2008	(j)
Baltimore
9700 Martin Luther King Hwy		Lanham, MD	—	700	1,920	472		700	2,392	3,092	885	2003	(j)
9730 Martin Luther King Hwy		Lanham, MD	—	500	955	422		500	1,377	1,877	544	2003	(j)
4621 Boston Way		Lanham, MD	—	1,100	3,070	860		1,100	3,930	5,030	1,491	2003	(j)
4720 Boston Way		Lanham, MD	—	1,200	2,174	771		1,200	2,945	4,145	1,159	2003	(j)
22520 Randolph Drive		Dulles, VA	—	3,200	8,187	(172	)	3,208	8,007	11,215	1,854	2004	(j)

22630 Dulles Summit Court	Dulles, VA	—	2,200	9,346	(820	)	2,206	8,520	10,726	2,194	2004	(j)
4201 Forbes Boulevard	Lanham, MD	—	356	1,823	15		375	1,819	2,194	479	2005	(j)
4370-4383 Lottsford Vista Road	Lanham, MD	—	279	1,358	95		296	1,436	1,732	385	2005	(j)
4400 Lottsford Vista Road	Lanham, MD	—	351	1,955	241		372	2,175	2,547	684	2005	(j)
4420 Lottsford Vista Road	Lanham, MD	—	539	2,196	26		568	2,193	2,761	653	2005	(j)
11204 McCormick Road	Hunt Valley, MD	—	1,017	3,132	170		1,038	3,281	4,319	1,331	2005	(j)
11110 Pepper Road	Hunt Valley, MD	—	918	2,529	281		938	2,790	3,728	1,152	2005	(j)
11100-11120 Gilroy Road	Hunt Valley, MD	—	901	1,455	166		919	1,603	2,522	657	2005	(j)
10709 Gilroy Road	Hunt Valley, MD	1,982	913	2,705	(143	)	913	2,562	3,475	1,314	2005	(j)
10707 Gilroy Road	Hunt Valley, MD	—	1,111	3,819	502		1,136	4,296	5,432	1,715	2005	(j)
38 Loveton Circle	Sparks, MD	—	1,648	2,151	(241	)	1,690	1,868	3,558	803	2005	(j)
1225 Bengies Road	Baltimore, MD	—	2,640	270	14,057		2,823	14,144	16,967	3,866	2008	(j)
400 Old Post Road	Aberdeen, MD	—	3,411	17,144	9		3,411	17,153	20,564	171	2015	(j)
500 Old Post Road	Aberdeen, MD	—	5,959	30,533	—		5,959	30,533	36,492	302	2015	(j)
Central Pennsylvania
1214-B Freedom Road	Cranberry Township, PA	1,061	31	994	613		200	1,438	1,638	1,239	1994	(j)
401 Russell Drive	Middletown, PA	—	262	857	1,705		287	2,537	2,824	1,990	1994	(j)
2700 Commerce Drive	Middletown, PA	—	196	997	935		206	1,922	2,128	1,507	1994	(j)
2701 Commerce Drive	Middletown, PA	1,505	141	859	1,321		164	2,157	2,321	1,473	1994	(j)
2780 Commerce Drive	Middletown, PA	1,287	113	743	1,130		209	1,777	1,986	1,409	1994	(j)
350 Old Silver Spring Road	Mechanicsburg, PA	—	510	2,890	7,043		541	9,902	10,443	4,362	1997	(j)
16522 Hunters Green Parkway	Hagerstown, MD	12,441	1,390	13,104	4,237		1,863	16,868	18,731	4,549	2003	(j)
18212 Shawley Drive	Hagerstown, MD	5,282	1,000	5,847	1,301		1,016	7,132	8,148	1,886	2004	(j)
37 Valley View Drive	Jessup, PA	2,318	542	—	3,033		532	3,043	3,575	829	2004	(j)
301 Railroad Avenue	Shiremanstown, PA	—	1,181	4,447	3,262		1,328	7,562	8,890	3,579	2005	(j)
431 Railroad Avenue	Shiremanstown, PA	6,631	1,293	7,164	1,960		1,341	9,076	10,417	3,952	2005	(j)
6951 Allentown Blvd	Harrisburg, PA	—	585	3,176	336		601	3,496	4,097	1,355	2005	(j)
320 Reliance Road	Washington, PA	—	201	1,819	(348	)	178	1,494	1,672	741	2005	(j)
1351 Eisenhower Blvd., Bldg. 1	Harrisburg, PA	—	382	2,343	(64	)	387	2,274	2,661	817	2006	(j)
1351 Eisenhower Blvd., Bldg. 2	Harrisburg, PA	—	436	1,587	64		443	1,644	2,087	689	2006	(j)
1490 Dennison Circle	Carlisle, PA	—	1,500	—	14,185		2,341	13,344	15,685	3,398	2008	(j)
298 First Avenue	Covington Twp, PA	—	7,022	—	57,272		7,019	57,275	64,294	10,584	2008	(j)
225 Cross Farm Lane	York, PA	18,075	4,718	—	23,163		4,715	23,166	27,881	4,783	2008	(j)
105 Steamboat Blvd	Manchester, PA	—	4,085	14,464	1		4,070	14,480	18,550	2,284	2012	(j)
20 Leo Lane	York County, PA	—	6,884	—	26,647		6,889	26,642	33,531	1,366	2013	(j)
Chicago
720-730 Landwehr Drive	Northbrook, IL	—	521	2,982	799		521	3,781	4,302	1,851	1994	(j)
1385 101st Street	Lemont, IL	3,813	967	5,554	1,745		968	7,298	8,266	3,604	1994	(j)
585 Slawin Court	Mount Prospect, IL	—	611	3,505	(50	)	525	3,541	4,066	1,713	1994	(j)
2300 Windsor Court	Addison, IL	3,689	688	3,943	1,060		696	4,995	5,691	2,698	1994	(j)
305-311 Era Drive	Northbrook, IL	—	200	1,154	1,315		205	2,464	2,669	936	1994	(j)
365 North Avenue	Carol Stream, IL	5,620	1,042	6,882	1,244		1,073	8,095	9,168	4,081	1994	(j)
800 Business Drive	Mount Prospect, IL	—	631	3,493	328		666	3,786	4,452	1,426	2000	(j)

580 Slawin Court	Mount Prospect, IL	774	233	1,292	(37	)	162	1,326	1,488	597	2000	(j)
1005 101st Street	Lemont, IL	5,358	1,200	6,643	1,550		1,220	8,173	9,393	2,953	2001	(j)
175 Wall Street	Glendale Heights, IL	1,363	427	2,363	165		433	2,522	2,955	940	2002	(j)
800-820 Thorndale Avenue	Bensenville, IL	—	751	4,159	785		761	4,934	5,695	1,522	2002	(j)
251 Airport Road	North Aurora, IL	4,816	983	—	6,873		983	6,873	7,856	2,431	2002	(j)
1661 Feehanville Drive	Mount Prospect, IL	—	985	5,455	3,346		1,044	8,742	9,786	3,389	2004	(j)
400 Crossroads Pkwy	Bolingbrook, IL	5,356	1,178	9,453	928		1,181	10,378	11,559	3,419	2005	(j)
7609 W. Industrial Drive	Forest Park, IL	—	1,207	2,343	131		1,213	2,468	3,681	1,171	2005	(j)
7801 W. Industrial Drive	Forest Park, IL	—	1,215	3,020	896		1,220	3,911	5,131	1,384	2005	(j)
825 E. 26th Street	LaGrange, IL	—	1,547	2,078	2,378		1,617	4,386	6,003	2,331	2005	(j)
725 Kimberly Drive	Carol Stream, IL	—	793	1,395	223		801	1,610	2,411	658	2005	(j)
17001 S. Vincennes	Thornton, IL	—	497	504	3		513	491	1,004	380	2005	(j)
2900 W. 166th Street	Markham, IL	—	1,132	4,293	(881	)	1,134	3,410	4,544	924	2007	(j)
555 W. Algonquin Road	Arlington Heights, IL	2,005	574	741	1,936		579	2,672	3,251	799	2007	(j)
1501 Oakton Street	Elk Grove Village, IL	6,240	3,369	6,121	434		3,482	6,442	9,924	1,802	2008	(j)
16500 W. 103rd Street	Woodridge, IL	2,493	744	2,458	379		762	2,819	3,581	1,018	2008	(j)
8505 50th Street	Kenosha, WI	—	3,212	—	32,956		3,212	32,956	36,168	5,909	2008	(j)
4100 Rock Creek Blvd	Joliet, IL	—	4,476	16,061	818		4,476	16,879	21,355	1,865	2013	(j)
10100 58th Place	Kenosha, WI	—	4,201	17,604	1,446		4,201	19,050	23,251	2,593	2013	(j)
401 Airport Road	North Aurora, IL	—	534	1,957	—		534	1,957	2,491	135	2014	(j)
Cincinnati
9900-9970 Princeton	Cincinnati, OH	—	545	3,088	1,874		566	4,941	5,507	2,275	1996	(j)
4700-4750 Creek Road	Blue Ash, OH	—	1,080	6,118	1,373		1,109	7,462	8,571	3,482	1996	(j)
4436 Muhlhauser Road	Hamilton, OH	3,843	630	—	5,299		630	5,299	5,929	1,711	2002	(j)
4438 Muhlhauser Road	Hamilton, OH	4,635	779	—	6,503		779	6,503	7,282	2,251	2002	(j)
420 Wards Corner Road	Loveland, OH	—	600	1,083	777		606	1,854	2,460	664	2003	(j)
422 Wards Corner Road	Loveland, OH	—	600	1,811	187		592	2,006	2,598	654	2003	(j)
4663 Dues Drive	Westchester, OH	—	858	2,273	626		875	2,882	3,757	2,515	2005	(j)
9345 Princeton-Glendale Road	Westchester, OH	1,371	818	1,648	380		840	2,006	2,846	1,243	2006	(j)
9525 Glades Drive	Westchester, OH	—	347	1,323	(27	)	355	1,288	1,643	469	2007	(j)
9774-9792 Windisch Road	Westchester, OH	—	392	1,744	119		394	1,861	2,255	665	2007	(j)
9808-9830 Windisch Road	Westchester, OH	—	395	2,541	137		397	2,676	3,073	716	2007	(j)
9842-9862 Windisch Road	Westchester, OH	—	506	3,148	130		508	3,276	3,784	843	2007	(j)
9872-9898 Windisch Road	Westchester, OH	—	546	3,039	126		548	3,163	3,711	900	2007	(j)
9902-9922 Windisch Road	Westchester, OH	—	623	4,003	788		627	4,787	5,414	1,779	2007	(j)
Cleveland
30311 Emerald Valley Parkway	Glenwillow, OH	8,229	681	11,838	905		691	12,733	13,424	4,336	2006	(j)
30333 Emerald Valley Parkway	Glenwillow, OH	3,984	466	5,447	54		475	5,492	5,967	2,109	2006	(j)
7800 Cochran Road	Glenwillow, OH	3,804	972	7,033	243		991	7,257	8,248	2,419	2006	(j)
7900 Cochran Road	Glenwillow, OH	4,544	775	6,244	284		792	6,511	7,303	2,164	2006	(j)
7905 Cochran Road	Glenwillow, OH	4,468	920	6,174	738		922	6,910	7,832	2,535	2006	(j)
30600 Carter Street	Solon, OH	—	989	3,042	930		1,022	3,939	4,961	2,846	2006	(j)
8181 Darrow Road	Twinsburg, OH	7,332	2,478	6,791	2,040		2,496	8,813	11,309	3,899	2008	(j)

Dallas
2406-2416 Walnut Ridge		Dallas, TX	—	178	1,006	573		172	1,585	1,757	601	1997	(j)
2401-2419 Walnut Ridge		Dallas, TX	—	148	839	416		142	1,261	1,403	485	1997	(j)
900-906 Great Southwest Pkwy		Arlington, TX	—	237	1,342	625		270	1,934	2,204	895	1997	(j)
3000 West Commerce		Dallas, TX	—	456	2,584	1,303		469	3,874	4,343	1,656	1997	(j)
3030 Hansboro		Dallas, TX	—	266	1,510	(664	)	87	1,025	1,112	657	1997	(j)
405-407 113th		Arlington, TX	—	181	1,026	528		185	1,550	1,735	681	1997	(j)
816 111th Street		Arlington, TX	800	251	1,421	131		258	1,545	1,803	674	1997	(j)
7427 Dogwood Park		Richland Hills, TX	—	96	532	316		102	842	944	324	1998	(j)
7348-54 Tower Street		Richland Hills, TX	—	88	489	213		94	696	790	290	1998	(j)
7339-41 Tower Street		Richland Hills, TX	—	98	541	180		104	715	819	287	1998	(j)
7437-45 Tower Street		Richland Hills, TX	—	102	563	291		108	848	956	331	1998	(j)
7331-59 Airport Freeway		Richland Hills, TX	1,871	354	1,958	573		372	2,513	2,885	988	1998	(j)
7338-60 Dogwood Park		Richland Hills, TX	—	106	587	240		112	821	933	310	1998	(j)
7450-70 Dogwood Park		Richland Hills, TX	—	106	584	156		112	734	846	289	1998	(j)
7423-49 Airport Freeway		Richland Hills, TX	1,547	293	1,621	472		308	2,078	2,386	812	1998	(j)
7400 Whitehall Street		Richland Hills, TX	—	109	603	95		115	692	807	284	1998	(j)
1602-1654 Terre Colony		Dallas, TX	1,733	458	2,596	849		468	3,435	3,903	1,253	2000	(j)
2351-2355 Merritt Drive		Garland, TX	—	101	574	105		93	687	780	268	2000	(j)
2220 Merritt Drive		Garland, TX	—	352	1,993	266		316	2,295	2,611	721	2000	(j)
2010 Merritt Drive		Garland, TX	—	350	1,981	54		318	2,067	2,385	720	2000	(j)
2363 Merritt Drive		Garland, TX	—	73	412	(7	)	48	430	478	175	2000	(j)
2447 Merritt Drive		Garland, TX	—	70	395	(164	)	25	276	301	168	2000	(j)
2465-2475 Merritt Drive		Garland, TX	—	91	514	16		73	548	621	221	2000	(j)
2485-2505 Merritt Drive		Garland, TX	—	431	2,440	684		440	3,115	3,555	1,209	2000	(j)
2110 Hutton Drive		Carrolton, TX	—	374	2,117	120		255	2,356	2,611	969	2001	(j)
2025 McKenzie Drive		Carrolton, TX	1,495	437	2,478	452		442	2,925	3,367	968	2001	(j)
2019 McKenzie Drive		Carrolton, TX	1,654	502	2,843	380		507	3,218	3,725	1,216	2001	(j)
2029-2035 McKenzie Drive		Carrolton, TX	1,535	306	1,870	236		306	2,106	2,412	807	2001	(j)
2015 McKenzie Drive		Carrolton, TX	2,360	510	2,891	450		516	3,335	3,851	1,194	2001	(j)
2009 McKenzie Drive		Carrolton, TX	2,284	476	2,699	551		481	3,245	3,726	1,240	2001	(j)
900-1100 Avenue S		Grand Prairie, TX	2,277	623	3,528	978		629	4,500	5,129	1,389	2002	(j)
Plano Crossing	(f)	Plano, TX	8,665	1,961	11,112	1,062		1,981	12,154	14,135	4,060	2002	(j)
7413A-C Dogwood Park		Richland Hills, TX	—	110	623	245		111	867	978	303	2002	(j)
7450 Tower Street		Richland Hills, TX	—	36	204	112		36	316	352	123	2002	(j)
7436 Tower Street		Richland Hills, TX	—	57	324	196		58	519	577	203	2002	(j)
7426 Tower Street		Richland Hills, TX	—	76	429	186		76	615	691	180	2002	(j)
7427-7429 Tower Street		Richland Hills, TX	—	75	427	163		76	589	665	250	2002	(j)
2840-2842 Handley Ederville Road		Richland Hills, TX	—	112	635	58		113	692	805	225	2002	(j)
7451-7477 Airport Freeway		Richland Hills, TX	1,392	256	1,453	439		259	1,889	2,148	636	2002	(j)
7450 Whitehall Street		Richland Hills, TX	—	104	591	339		105	929	1,034	277	2002	(j)
3000 Wesley Way		Richland Hills, TX	—	208	1,181	18		211	1,196	1,407	397	2002	(j)
7451 Dogwood Park		Richland Hills, TX	681	133	753	184		134	936	1,070	293	2002	(j)

825-827 Avenue H	(d)	Arlington, TX	2,108	600	3,006	89		604	3,091	3,695	1,355	2004	(j)
1013-31 Avenue M		Grand Prairie, TX	—	300	1,504	263		302	1,765	2,067	638	2004	(j)
1172-84 113th Street	(d)	Grand Prairie, TX	1,884	700	3,509	34		704	3,539	4,243	1,093	2004	(j)
1200-16 Avenue H	(d)	Arlington, TX	1,685	600	2,846	348		604	3,190	3,794	1,044	2004	(j)
1322-66 W. North Carrier Parkway	(e)	Grand Prairie, TX	4,004	1,000	5,012	1,007		1,006	6,013	7,019	2,035	2004	(j)
2401-2407 Centennial Drive		Arlington, TX	2,048	600	2,534	(2	)	604	2,528	3,132	1,098	2004	(j)
3111 West Commerce Street		Dallas, TX	3,487	1,000	3,364	1,749		1,011	5,102	6,113	1,668	2004	(j)
13800 Senlac Drive		Farmers Branch, TX	2,728	823	4,042	(83	)	825	3,957	4,782	1,471	2005	(j)
801-831 S Great Southwest Pkwy	(g)	Grand Prairie, TX	—	2,581	16,556	147		2,586	16,698	19,284	8,597	2005	(j)
801 Heinz Way		Grand Prairie, TX	2,749	599	3,327	315		601	3,640	4,241	1,510	2005	(j)
901-937 Heinz Way		Grand Prairie, TX	2,139	493	2,758	48		481	2,818	3,299	1,233	2005	(j)
3301 Century Circle		Irving, TX	2,045	760	3,856	(10	)	771	3,835	4,606	988	2007	(j)
3901 W Miller Road		Garland, TX	—	1,912	—	15,493		1,947	15,458	17,405	3,591	2008	(j)
1251 North Cockrell Hill Road		Dallas, TX	—	2,064	—	13,463		1,072	14,455	15,527	260	2015	(j)
1171 North Cockrell Hill Road		Dallas, TX	—	1,215	—	9,541		632	10,124	10,756	146	2015	(j)
3996 Scientific Drive		Arlington, TX	—	1,301	—	7,344		1,349	7,296	8,645	82	2015	(j)
750 Gateway Blvd		Coppell, TX	—	1,452	4,679	—		1,452	4,679	6,131	41	2015	(j)
Denver
4785 Elati		Denver, CO	—	173	981	202		175	1,181	1,356	517	1997	(j)
4770 Fox Street		Denver, CO	—	132	750	263		134	1,011	1,145	398	1997	(j)
3851-3871 Revere		Denver, CO	1,279	361	2,047	473		368	2,513	2,881	1,063	1997	(j)
4570 Ivy Street		Denver, CO	—	219	1,239	279		220	1,517	1,737	716	1997	(j)
5855 Stapleton Drive North		Denver, CO	—	288	1,630	250		290	1,878	2,168	848	1997	(j)
5885 Stapleton Drive North		Denver, CO	—	376	2,129	324		380	2,449	2,829	1,069	1997	(j)
5977 North Broadway		Denver, CO	1,521	268	1,518	561		271	2,076	2,347	857	1997	(j)
5952-5978 North Broadway		Denver, CO	2,264	414	2,346	732		422	3,070	3,492	1,346	1997	(j)
4721 Ironton Street		Denver, CO	—	232	1,313	317		236	1,626	1,862	703	1997	(j)
7003 E 47th Ave Drive		Denver, CO	—	441	2,689	27		441	2,716	3,157	1,233	1997	(j)
9500 West 49th Street - A		Wheatridge, CO	1,247	283	1,625	126		287	1,747	2,034	831	1997	(j)
9500 West 49th Street - B		Wheatridge, CO	1,043	225	1,272	205		227	1,475	1,702	653	1997	(j)
9500 West 49th Street - C		Wheatridge, CO	2,591	600	3,409	217		601	3,625	4,226	1,580	1997	(j)
9500 West 49th Street - D		Wheatridge, CO	1,349	246	1,537	417		247	1,953	2,200	939	1997	(j)
451-591 East 124th Avenue		Thornton, CO	—	383	2,145	498		383	2,643	3,026	1,194	1997	(j)
15000 West 6th Avenue		Golden, CO	—	913	5,174	848		918	6,017	6,935	2,765	1997	(j)
14998 West 6th Avenue Bldg E		Golden, CO	—	565	3,199	429		570	3,623	4,193	1,610	1997	(j)
14998 West 6th Avenue Bldg F		Golden, CO	—	269	1,525	101		273	1,622	1,895	746	1997	(j)
6547 South Racine Circle		Centennial, CO	2,717	739	4,241	241		739	4,482	5,221	1,998	1997	(j)
11701 East 53rd Avenue		Denver, CO	—	416	2,355	434		422	2,783	3,205	1,252	1997	(j)
5401 Oswego		Denver, CO	—	273	1,547	343		278	1,885	2,163	878	1997	(j)
14818 West 6th Avenue Bldg A		Golden, CO	—	468	2,799	287		468	3,086	3,554	1,372	1997	(j)
14828 West 6th Avenue Bldg B		Golden, CO	—	503	2,942	378		503	3,320	3,823	1,464	1997	(j)
445 Bryant Street		Denver, CO	6,684	1,829	10,219	3,007		1,829	13,226	15,055	5,803	1998	(j)
3811 Joliet		Denver, CO	—	735	4,166	558		752	4,707	5,459	2,049	1998	(j)

SCHEDULE III:

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2015

				(b) Initial Cost		(c) Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision		Gross Amount Carried At Close of Period 12/31/15				Year Acquired/ Constructed	Depreciable Lives (Years)
Building Address		Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements			Land	Buildings and Improvements	Total	Accumulated Depreciation 12/31/2015
12055 E 49th Ave/4955 Peoria		Denver, CO	—	298	1,688	535		305	2,216	2,521	981	1998	(j)
4940-4950 Paris		Denver, CO	—	152	861	285		156	1,142	1,298	511	1998	(j)
4970 Paris		Denver, CO	—	95	537	101		97	636	733	272	1998	(j)
7367 South Revere Parkway		Centennial, CO	3,062	926	5,124	846		934	5,962	6,896	2,574	1998	(j)
8200 East Park Meadows Drive	(d)	Lone Tree, CO	5,590	1,297	7,348	1,155		1,304	8,496	9,800	3,282	2000	(j)
3250 Quentin Street	(d)	Aurora, CO	5,104	1,220	6,911	817		1,230	7,718	8,948	2,933	2000	(j)
Highpoint Bus Ctr B		Littleton, CO	—	739	—	3,310		781	3,268	4,049	1,087	2000	(j)
1130 W. 124th Avenue		Westminster, CO	—	441	—	3,225		441	3,225	3,666	1,164	2000	(j)
1070 W. 124th Avenue		Westminster, CO	—	374	—	2,711		374	2,711	3,085	975	2000	(j)
1020 W. 124th Avenue		Westminster, CO	—	374	—	2,799		374	2,799	3,173	1,049	2000	(j)
8810 W. 116th Circle		Broomfield, CO	—	312	—	1,645		370	1,587	1,957	507	2001	(j)
960 W. 124th Avenue		Westminster, CO	—	441	—	3,508		442	3,507	3,949	1,336	2001	(j)
8820 W. 116th Circle		Broomfield, CO	—	338	1,918	386		372	2,270	2,642	732	2003	(j)
8835 W. 116th Circle		Broomfield, CO	—	1,151	6,523	1,182		1,304	7,552	8,856	2,487	2003	(j)
18150 E. 32nd Place		Aurora, CO	1,744	563	3,188	177		572	3,356	3,928	1,162	2004	(j)
3400 Fraser Street		Aurora, CO	2,117	616	3,593	(142	)	620	3,447	4,067	1,120	2005	(j)
7005 E. 46th Avenue Drive		Denver, CO	1,337	512	2,025	32		517	2,052	2,569	757	2005	(j)
4001 Salazar Way		Frederick, CO	—	1,271	6,508	(773	)	1,276	5,730	7,006	1,511	2006	(j)
5909-5915 N. Broadway		Denver, CO	854	495	1,268	107		500	1,370	1,870	639	2006	(j)
Detroit
47461 Clipper		Plymouth Township, MI	—	122	723	54		122	777	899	431	1994	(j)
449 Executive Drive		Troy, MI	—	125	425	1,066		218	1,398	1,616	1,293	1994	(j)
501 Executive Drive		Troy, MI	—	71	236	678		129	856	985	692	1994	(j)
451 Robbins Drive		Troy, MI	—	96	448	934		192	1,286	1,478	1,103	1994	(j)
1416 Meijer Drive		Troy, MI	—	94	394	399		121	766	887	708	1994	(j)
1624 Meijer Drive		Troy, MI	—	236	1,406	1,093		373	2,362	2,735	2,123	1994	(j)
1972 Meijer Drive		Troy, MI	—	315	1,301	787		372	2,031	2,403	1,623	1994	(j)
1707 Northwood Drive		Troy, MI	—	95	262	1,724		239	1,842	2,081	1,532	1994	(j)
1788 Northwood Drive		Troy, MI	—	50	196	483		103	626	729	569	1994	(j)
1826 Northwood Drive		Troy, MI	—	55	208	472		103	632	735	559	1994	(j)
1864 Northwood Drive		Troy, MI	—	57	190	489		107	629	736	575	1994	(j)
2451 Elliott Avenue		Troy, MI	—	78	319	733		164	966	1,130	798	1994	(j)
2730 Research Drive		Rochester Hills, MI	—	903	4,215	829		903	5,044	5,947	4,246	1994	(j)
2791 Research Drive		Rochester Hills, MI	—	557	2,731	1,018		560	3,746	4,306	2,722	1994	(j)

2871 Research Drive		Rochester Hills, MI	—	324	1,487	403		327	1,887	2,214	1,449	1994	(j)
3011 Research Drive		Rochester Hills, MI	—	457	2,104	492		457	2,596	3,053	2,178	1994	(j)
2870 Technology Drive		Rochester Hills, MI	—	275	1,262	356		279	1,614	1,893	1,331	1994	(j)
2900 Technology Drive		Rochester Hills, MI	—	214	977	513		219	1,485	1,704	1,011	1994	(j)
2930 Technology Drive		Rochester Hills, MI	—	131	594	435		138	1,022	1,160	731	1994	(j)
2950 Technology Drive		Rochester Hills, MI	—	178	819	368		185	1,180	1,365	848	1994	(j)
23014 Commerce Drive		Farmington Hills, MI	—	39	203	189		56	375	431	337	1994	(j)
23028 Commerce Drive		Farmington Hills, MI	—	98	507	278		125	758	883	709	1994	(j)
23035 Commerce Drive		Farmington Hills, MI	—	71	355	237		93	570	663	531	1994	(j)
23042 Commerce Drive		Farmington Hills, MI	—	67	277	273		89	528	617	501	1994	(j)
23065 Commerce Drive		Farmington Hills, MI	—	71	408	338		93	724	817	620	1994	(j)
23079 Commerce Drive		Farmington Hills, MI	—	68	301	330		79	620	699	537	1994	(j)
23093 Commerce Drive		Farmington Hills, MI	—	211	1,024	1,337		295	2,277	2,572	1,808	1994	(j)
23135 Commerce Drive		Farmington Hills, MI	—	146	701	310		158	999	1,157	861	1994	(j)
23163 Commerce Drive		Farmington Hills, MI	—	111	513	396		138	882	1,020	734	1994	(j)
23177 Commerce Drive		Farmington Hills, MI	—	175	1,007	677		254	1,605	1,859	1,344	1994	(j)
23206 Commerce Drive		Farmington Hills, MI	—	125	531	367		137	886	1,023	763	1994	(j)
23370 Commerce Drive		Farmington Hills, MI	—	59	233	209		66	435	501	375	1994	(j)
1451 East Lincoln Avenue		Madison Heights, MI	—	299	1,703	(179	)	148	1,675	1,823	907	1995	(j)
4400 Purks Drive		Auburn Hills, MI	—	602	3,410	3,305		612	6,705	7,317	3,225	1995	(j)
32450 N Avis Drive		Madison Heights, MI	—	281	1,590	342		286	1,927	2,213	914	1996	(j)
12707 Eckles Road		Plymouth Township, MI	—	255	1,445	220		267	1,653	1,920	770	1996	(j)
32975 Capitol Avenue		Livonia, MI	—	135	748	(166	)	77	640	717	334	1998	(j)
32920 Capitol Avenue		Livonia, MI	—	76	422	(62	)	27	409	436	237	1998	(j)
11923 Brookfield Avenue		Livonia, MI	—	120	665	(321	)	32	432	464	280	1998	(j)
450 Robbins Drive		Troy, MI	—	166	920	219		178	1,127	1,305	486	1998	(j)
12886 Westmore Avenue		Livonia, MI	—	190	1,050	(351	)	86	803	889	460	1998	(j)
47711 Clipper Street		Plymouth Township, MI	—	539	2,983	460		575	3,407	3,982	1,425	1998	(j)
32975 Industrial Road		Livonia, MI	—	160	887	(175	)	92	780	872	401	1998	(j)
32995 Industrial Road		Livonia, MI	—	160	887	(414	)	53	580	633	364	1998	(j)
12874 Westmore Avenue		Livonia, MI	—	137	761	(302	)	58	538	596	311	1998	(j)
1775 Bellingham		Troy, MI	—	344	1,902	329		367	2,208	2,575	951	1998	(j)
1785 East Maple		Troy, MI	—	92	507	200		98	701	799	278	1998	(j)
980 Chicago		Troy, MI	—	206	1,141	333		220	1,460	1,680	579	1998	(j)
1885 Enterprise Drive		Rochester Hills, MI	—	209	1,158	589		223	1,733	1,956	656	1998	(j)
1935-55 Enterprise Drive		Rochester Hills, MI	—	1,285	7,144	1,258		1,371	8,316	9,687	3,451	1998	(j)
5500 Enterprise Court		Warren, MI	—	675	3,737	750		721	4,441	5,162	1,867	1998	(j)
750 Chicago Road		Troy, MI	—	323	1,790	392		345	2,160	2,505	936	1998	(j)
800 Chicago Road		Troy, MI	—	283	1,567	380		302	1,928	2,230	812	1998	(j)
850 Chicago Road		Troy, MI	—	183	1,016	218		196	1,221	1,417	524	1998	(j)
1100 East Mandoline Road		Madison Heights, MI	—	888	4,915	(1,243	)	332	4,228	4,560	2,545	1998	(j)
1080, 1120, 1180 John Papalas Drive	(e)	Lincoln Park, MI	—	366	3,241	627		297	3,937	4,234	2,080	1998	(j)
4872 S. Lapeer Road		Lake Orion Twsp, MI	—	1,342	5,441	1,214		1,412	6,585	7,997	2,869	1999	(j)

1400 Allen Drive		Troy, MI	—	209	1,154	380		212	1,531	1,743	500	2000	(j)
1408 Allen Drive		Troy, MI	—	151	834	121		153	953	1,106	347	2000	(j)
32505 Industrial Drive		Madison Heights, MI	—	345	1,910	107		351	2,011	2,362	745	2000	(j)
1799-1855 Northfield Drive	(d)	Rochester Hills, MI	—	481	2,665	364		490	3,020	3,510	1,153	2000	(j)
28435 Automation Blvd		Wixom, MI	—	621	—	3,664		628	3,657	4,285	1,011	2004	(j)
32200 North Avis Drive		Madison Heights, MI	—	503	3,367	(1,591	)	195	2,084	2,279	753	2005	(j)
100 Kay Industrial Drive		Orion Township, MI	—	677	2,018	177		685	2,187	2,872	987	2005	(j)
11800 Sears Drive		Livonia, MI	—	693	1,507	1,212		476	2,936	3,412	1,591	2005	(j)
1099 Chicago Road		Troy, MI	—	1,277	1,332	(1,134	)	303	1,172	1,475	506	2005	(j)
42555 Merrill Road		Sterling Heights, MI	—	1,080	2,300	3,487		1,090	5,777	6,867	2,223	2006	(j)
200 Northpointe Drive		Orion Township, MI	—	723	2,063	36		734	2,088	2,822	989	2006	(j)
Houston
3351 Rauch Street		Houston, TX	—	272	1,541	560		278	2,095	2,373	819	1997	(j)
3801-3851 Yale Street		Houston, TX	2,360	413	2,343	952		425	3,283	3,708	1,236	1997	(j)
3337-3347 Rauch Street		Houston, TX	—	227	1,287	440		233	1,721	1,954	696	1997	(j)
8505 North Loop East		Houston, TX	1,555	439	2,489	574		449	3,053	3,502	1,303	1997	(j)
4749-4799 Eastpark Drive		Houston, TX	2,342	594	3,368	1,313		611	4,664	5,275	2,034	1997	(j)
4851 Homestead Road		Houston, TX	2,958	491	2,782	1,552		504	4,321	4,825	1,852	1997	(j)
3365-3385 Rauch Street		Houston, TX	1,493	284	1,611	451		290	2,056	2,346	823	1997	(j)
5050 Campbell Road		Houston, TX	1,812	461	2,610	1,009		470	3,610	4,080	1,433	1997	(j)
4300 Pine Timbers		Houston, TX	2,291	489	2,769	758		499	3,517	4,016	1,594	1997	(j)
2500-2530 Fairway Park Drive		Houston, TX	3,161	766	4,342	2,011		792	6,327	7,119	2,565	1997	(j)
6550 Longpointe		Houston, TX	1,508	362	2,050	985		370	3,027	3,397	1,193	1997	(j)
1815 Turning Basin Drive		Houston, TX	2,056	487	2,761	1,384		531	4,101	4,632	1,598	1997	(j)
1819 Turning Basin Drive		Houston, TX	—	231	1,308	872		251	2,160	2,411	827	1997	(j)
1805 Turning Basin Drive		Houston, TX	2,774	564	3,197	2,488		616	5,633	6,249	1,961	1997	(j)
9835A Genard Road		Houston, TX	—	1,505	8,333	3,308		1,581	11,565	13,146	4,301	1999	(j)
9835B Genard Road		Houston, TX	—	245	1,357	644		256	1,990	2,246	739	1999	(j)
11505 State Highway 225		La Porte, TX	—	940	4,675	606		940	5,281	6,221	2,036	2005	(j)
1500 East Main Street		La Porte, TX	—	201	1,328	(91	)	204	1,234	1,438	886	2005	(j)
7230-7238 Wynnwood		Houston, TX	—	254	764	176		259	935	1,194	407	2007	(j)
7240-7248 Wynnwood		Houston, TX	—	271	726	31		276	752	1,028	377	2007	(j)
7250-7260 Wynnwood		Houston, TX	—	200	481	166		203	644	847	265	2007	(j)
6400 Long Point		Houston, TX	—	188	898	174		188	1,072	1,260	340	2007	(j)
7967 Blankenship		Houston, TX	—	307	1,166	337		307	1,503	1,810	449	2010	(j)
8800 City Park Loop East		Houston, TX	—	3,717	19,237	(784	)	3,717	18,453	22,170	3,311	2011	(j)
4800 West Greens Road		Houston, TX	—	3,350	—	14,822		3,264	14,908	18,172	439	2014	(j)
611 East Sam Houston Parkway S		Pasadena, TX	—	1,970	7,755	1		1,970	7,756	9,726	—	2015	(j)
619 East Sam Houston Parkway S		Pasadena, TX	—	2,879	11,972	1		2,880	11,972	14,852	—	2015	(j)
Indianapolis
2900 North Shadeland Avenue		Indianapolis, IN	—	2,057	13,565	5,392		2,057	18,957	21,014	8,140	1996	(j)
1445 Brookville Way		Indianapolis, IN	—	459	2,603	1,076		476	3,662	4,138	1,612	1996	(j)
1440 Brookville Way		Indianapolis, IN	3,074	665	3,770	954		685	4,704	5,389	2,161	1996	(j)

SCHEDULE III:

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2015

			(b) Initial Cost		(c) Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision		Gross Amount Carried At Close of Period 12/31/15				Year Acquired/ Constructed	Depreciable Lives (Years)
Building Address	Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements			Land	Buildings and Improvements	Total	Accumulated Depreciation 12/31/2015
		(In thousands)
1240 Brookville Way	Indianapolis, IN	—	247	1,402	373		258	1,764	2,022	833	1996	(j)
1345 Brookville Way	Indianapolis, IN	—	586	3,321	1,517		601	4,823	5,424	2,058	1996	(j)
1350 Brookville Way	Indianapolis, IN	—	205	1,161	253		212	1,407	1,619	680	1996	(j)
1341 Sadlier Circle South	Indianapolis, IN	—	131	743	207		136	945	1,081	443	1996	(j)
1322-1438 Sadlier Circle East	Indianapolis, IN	—	145	822	291		152	1,106	1,258	521	1996	(j)
1327-1441 Sadlier Circle West	Indianapolis, IN	—	218	1,234	621		225	1,848	2,073	806	1996	(j)
1402-1430 Sadlier Circle West	Indianapolis, IN	—	165	934	390		171	1,318	1,489	621	1996	(j)
1504 Sadlier Circle South	Indianapolis, IN	—	219	1,238	(104	)	115	1,238	1,353	793	1996	(j)
1365-1367 Sadlier Way Circle East	Indianapolis, IN	—	121	688	194		91	912	1,003	436	1996	(j)
1352-1354 Sadlier Circle West	Indianapolis, IN	—	178	1,008	241		166	1,261	1,427	575	1996	(j)
1335 Sadlier Circle East	Indianapolis, IN	—	81	460	207		85	663	748	314	1996	(j)
1425 Sadlier Circle West	Indianapolis, IN	—	21	117	41		23	156	179	72	1996	(j)
6951 East 30th Street	Indianapolis, IN	—	256	1,449	229		265	1,669	1,934	800	1996	(j)
6701 East 30th Street	Indianapolis, IN	—	78	443	98		82	537	619	264	1996	(j)
6737 East 30th Street	Indianapolis, IN	1,848	385	2,181	283		398	2,451	2,849	1,154	1996	(j)
6555 East 30th Street	Indianapolis, IN	—	484	4,760	2,416		484	7,176	7,660	3,062	1996	(j)
7901 West 21st Street	Indianapolis, IN	—	1,048	6,027	328		1,048	6,355	7,403	2,808	1997	(j)
1225 Brookville Way	Indianapolis, IN	—	60	—	417		68	409	477	183	1997	(j)
6751 East 30th Street	Indianapolis, IN	2,544	728	2,837	359		741	3,183	3,924	1,393	1997	(j)
6575 East 30th Street	Indianapolis, IN	1,369	118	—	1,994		128	1,984	2,112	820	1998	(j)
6585 East 30th Street	Indianapolis, IN	2,214	196	—	3,219		196	3,219	3,415	1,365	1998	(j)
5705-97 Park Plaza Court	Indianapolis, IN	—	600	2,194	847		609	3,032	3,641	1,137	2003	(j)
9319-9341 Castlegate Drive	Indianapolis, IN	—	530	1,235	717		544	1,938	2,482	729	2003	(j)
1133 Northwest L Street	Richmond, IN	—	201	1,358	(143	)	208	1,208	1,416	711	2006	(j)
14425 Bergen Blvd	Noblesville, IN	—	647	—	3,693		743	3,597	4,340	759	2007	(j)
Miami
4700 NW 15th Avenue	Ft. Lauderdale, FL	—	908	1,883	132		912	2,011	2,923	714	2007	(j)
4710 NW 15th Avenue	Ft. Lauderdale, FL	—	830	2,722	62		834	2,780	3,614	683	2007	(j)
4720 NW 15th Avenue	Ft. Lauderdale, FL	—	937	2,455	335		942	2,785	3,727	820	2007	(j)
4740 NW 15th Avenue	Ft. Lauderdale, FL	—	1,107	3,111	17		1,112	3,123	4,235	779	2007	(j)
4750 NW 15th Avenue	Ft. Lauderdale, FL	—	947	3,079	412		951	3,487	4,438	897	2007	(j)
4800 NW 15th Avenue	Ft. Lauderdale, FL	—	1,092	3,308	179		1,097	3,482	4,579	880	2007	(j)
6891 NW 74th Street	Medley, FL	—	857	3,428	4,158		864	7,579	8,443	2,052	2007	(j)

12601 &12605 NW 115th Avenue	Medley, FL	—	2,316	—	449		762	2,003	2,765	333	2008	(j)
Milwaukee
N25 W23255 Paul Road	Pewaukee, WI	—	569	3,270	1,836		450	5,225	5,675	2,148	1994	(j)
5355 South Westridge Drive	New Berlin, WI	4,467	1,630	7,058	(105	)	1,646	6,937	8,583	1,804	2004	(j)
320-334 West Vogel Avenue	Milwaukee, WI	—	506	3,199	(110	)	508	3,087	3,595	1,625	2005	(j)
4950 South 6th Avenue	Milwaukee, WI	—	299	1,565	273		301	1,836	2,137	1,173	2005	(j)
17005 West Ryerson Road	New Berlin, WI	2,454	403	3,647	251		405	3,896	4,301	1,753	2005	(j)
W140 N9059 Lilly Road	Menomonee Falls, WI	—	343	1,153	106		366	1,236	1,602	455	2005	(j)
200 W. Vogel Avenue-Bldg B	Milwaukee, WI	—	301	2,150	62		302	2,211	2,513	1,135	2005	(j)
4921 S. 2nd Street	Milwaukee, WI	—	101	713	(276	)	58	480	538	262	2005	(j)
1500 Peebles Drive	Richland Center, WI	—	1,577	1,018	(441	)	1,528	626	2,154	561	2005	(j)
16600 West Glendale Avenue	New Berlin, WI	2,181	704	1,923	932		715	2,844	3,559	1,701	2006	(j)
2485 Commerce Drive	New Berlin, WI	1,306	483	1,516	131		491	1,639	2,130	852	2007	(j)
N58W15380 Shawn Circle	Menomonee Falls, WI	—	1,188	—	16,931		1,204	16,915	18,119	3,556	2008	(j)
Minneapolis/St. Paul
6201 West 111th Street	Bloomington, MN	2,931	1,358	8,622	13,466		1,519	21,927	23,446	11,841	1994	(j)
7101 Winnetka Avenue South	Brooklyn Park, MN	5,538	2,195	6,084	4,195		2,228	10,246	12,474	7,394	1994	(j)
9901 West 74th Street	Eden Prairie, MN	3,333	621	3,289	3,598		639	6,869	7,508	5,630	1994	(j)
1030 Lone Oak Road	Eagan, MN	2,407	456	2,703	767		456	3,470	3,926	1,722	1994	(j)
1060 Lone Oak Road	Eagan, MN	3,046	624	3,700	645		624	4,345	4,969	2,255	1994	(j)
5400 Nathan Lane	Plymouth, MN	2,684	749	4,461	835		757	5,288	6,045	2,640	1994	(j)
6655 Wedgewood Road	Maple Grove, MN	—	1,466	8,342	5,591		1,466	13,933	15,399	5,897	1994	(j)
10120 West 76th Street	Eden Prairie, MN	—	315	1,804	1,962		315	3,766	4,081	2,251	1995	(j)
12155 Nicollet Avenue	Burnsville, MN	—	286	—	1,957		288	1,955	2,243	868	1995	(j)
4100 Peavey Road	Chaska, MN	—	277	2,261	779		277	3,040	3,317	1,414	1996	(j)
7100-7198 Shady Oak Road	Eden Prairie, MN	4,324	715	4,054	2,284		736	6,317	7,053	2,698	1996	(j)
5240-5300 Valley Industrial Blvd	Shakopee, MN	2,087	362	2,049	1,248		371	3,288	3,659	1,328	1996	(j)
5775 12th Avenue	Shakopee, MN	2,995	590	—	4,661		590	4,661	5,251	1,549	1998	(j)
1157 Valley Park Drive	Shakopee, MN	4,161	760	—	7,234		888	7,106	7,994	2,617	1999	(j)
9600 West 76th Street	Eden Prairie, MN	2,025	1,000	2,450	60		1,034	2,476	3,510	666	2004	(j)
9700 West 76th Street	Eden Prairie, MN	2,914	1,000	2,709	727		1,038	3,398	4,436	1,136	2004	(j)
7600 69th Avenue	Greenfield, MN	—	1,500	8,328	(539	)	1,510	7,779	9,289	1,809	2004	(j)
5017 Boone Avenue North	New Hope, MN	—	1,000	1,599	153		1,009	1,743	2,752	913	2005	(j)
2300 West Highway 13	Burnsville, MN	—	2,517	6,069	(1,651	)	1,296	5,639	6,935	3,812	2005	(j)
1087 Park Place	Shakopee, MN	3,654	1,195	4,891	(246	)	1,198	4,642	5,840	1,225	2005	(j)
5391 12th Avenue SE	Shakopee, MN	4,138	1,392	8,149	(469	)	1,395	7,677	9,072	2,059	2005	(j)
4701 Valley Industrial Blvd S	Shakopee, MN	4,606	1,296	7,157	(378	)	1,299	6,776	8,075	2,748	2005	(j)
6455 City West Parkway	Eden Prairie, MN	—	659	3,189	955		665	4,138	4,803	1,249	2006	(j)
7035 Winnetka Avenue North	Brooklyn Park, MN	4,432	1,275	—	7,239		1,343	7,171	8,514	1,472	2007	(j)
139 Eva Street	St. Paul, MN	—	2,132	3,105	(286	)	2,175	2,776	4,951	649	2008	(j)
21900 Dodd Boulevard	Lakeville, MN	9,482	2,289	7,952	—		2,289	7,952	10,241	2,034	2010	(j)
375 Rivertown Drive	Woodbury, MN	7,000	2,635	8,157	48		2,635	8,205	10,840	815	2014	(j)
935 Aldrin Drive	Eagan, MN	5,524	2,096	7,884	(43	)	2,096	7,841	9,937	457	2014	(j)

7050 Winnetka Avenue North	Brooklyn Park, MN	—	1,623	—	7,228		1,634	7,217	8,851	197	2014	(j)
7051 West Broadway	Brooklyn Park, MN	—	1,275	—	5,828		1,279	5,824	7,103	155	2014	(j)
Nashville
1931 Air Lane Drive	Nashville, TN	2,179	489	2,785	280		493	3,061	3,554	1,362	1997	(j)
4640 Cummings Park	Nashville, TN	—	360	2,040	579		365	2,614	2,979	975	1999	(j)
1740 River Hills Drive	Nashville, TN	2,750	848	4,383	731		888	5,074	5,962	2,223	2005	(j)
211 Ellery Court	Nashville, TN	2,587	606	3,192	379		616	3,561	4,177	1,312	2007	(j)
130 Maddox Road	Mount Juliet, TN	16,422	1,778	—	23,554		1,778	23,554	25,332	4,080	2008	(j)
Northern New Jersey
14 World's Fair Drive	Franklin, NJ	—	483	2,735	773		503	3,488	3,991	1,533	1997	(j)
12 World's Fair Drive	Franklin, NJ	—	572	3,240	1,064		593	4,283	4,876	2,052	1997	(j)
22 World's Fair Drive	Franklin, NJ	—	364	2,064	491		375	2,544	2,919	1,055	1997	(j)
26 World's Fair Drive	Franklin, NJ	—	361	2,048	656		377	2,688	3,065	1,147	1997	(j)
24 World's Fair Drive	Franklin, NJ	—	347	1,968	573		362	2,526	2,888	1,121	1997	(j)
20 World's Fair Drive Lot 13	Sumerset, NJ	—	9	—	2,568		691	1,886	2,577	702	1999	(j)
45 Route 46	Pine Brook, NJ	—	969	5,491	928		978	6,410	7,388	2,443	2000	(j)
43 Route 46	Pine Brook, NJ	—	474	2,686	540		479	3,221	3,700	1,295	2000	(j)
39 Route 46	Pine Brook, NJ	—	260	1,471	292		262	1,761	2,023	632	2000	(j)
26 Chapin Road	Pine Brook, NJ	—	956	5,415	664		965	6,070	7,035	2,355	2000	(j)
30 Chapin Road	Pine Brook, NJ	—	960	5,440	524		969	5,955	6,924	2,256	2000	(j)
20 Hook Mountain Road	Pine Brook, NJ	—	1,507	8,542	2,997		1,534	11,512	13,046	5,062	2000	(j)
30 Hook Mountain Road	Pine Brook, NJ	—	389	2,206	526		396	2,725	3,121	1,058	2000	(j)
16 Chapin Road	Pine Brook, NJ	—	885	5,015	612		901	5,611	6,512	2,089	2000	(j)
20 Chapin Road	Pine Brook, NJ	—	1,134	6,426	602		1,154	7,008	8,162	2,580	2000	(j)
2500 Main Street	Sayreville, NJ	—	944	—	4,576		944	4,576	5,520	1,458	2002	(j)
2400 Main Street	Sayreville, NJ	—	996	—	5,494		996	5,494	6,490	1,611	2003	(j)
309-313 Pierce Street	Somerset, NJ	3,205	1,300	4,628	1,020		1,309	5,639	6,948	2,194	2004	(j)
Philadelphia
230-240 Welsh Pool Road	Exton, PA	—	154	851	355		170	1,190	1,360	468	1998	(j)
254 Welsh Pool Road	Exton, PA	—	75	418	206		91	608	699	270	1998	(j)
151-161 Philips Road	Exton, PA	—	191	1,059	378		229	1,399	1,628	597	1998	(j)
216 Philips Road	Exton, PA	—	199	1,100	331		220	1,410	1,630	592	1998	(j)
14 McFadden Road	Palmer, PA	—	600	1,349	(274	)	625	1,050	1,675	299	2004	(j)
2801 Red Lion Road	Philadelphia, PA	—	950	5,916	(51	)	964	5,851	6,815	2,450	2005	(j)
3240 South 78th Street	Philadelphia, PA	—	515	1,245	(514	)	423	823	1,246	252	2005	(j)
200 Cascade Drive, Bldg. 1	Allentown, PA	13,382	2,133	17,562	592		2,769	17,518	20,287	5,770	2007	(j)
200 Cascade Drive, Bldg. 2	Allentown, PA	1,826	310	2,268	178		316	2,440	2,756	789	2007	(j)
6300 Bristol Pike	Levittown, PA	—	1,074	2,642	(194	)	964	2,558	3,522	1,790	2008	(j)
2455 Boulevard of Generals	Norristown, PA	2,926	1,200	4,800	344		1,226	5,118	6,344	1,602	2008	(j)
3857 Nazareth Highway - Bldg. 1	Easton, PA	—	4,855	—	16,738		4,388	17,205	21,593	69	2015	(j)
3857 Nazareth Highway - Bldg. 2	Easton, PA	—	3,459	—	12,177		3,128	12,508	15,636	51	2015	(j)
Phoenix
1045 South Edward Drive	Tempe, AZ	—	390	2,160	360		396	2,514	2,910	969	1999	(j)

50 South 56th Street	Chandler, AZ	3,547	1,206	3,218	1,362		1,252	4,534	5,786	1,445	2004	(j)
4701 West Jefferson	Phoenix, AZ	2,453	926	2,195	243		929	2,435	3,364	1,364	2005	(j)
7102 West Roosevelt	Phoenix, AZ	4,806	1,613	6,451	360		1,620	6,804	8,424	2,486	2006	(j)
4137 West Adams Street	Phoenix, AZ	—	990	2,661	239		1,038	2,852	3,890	961	2006	(j)
245 West Lodge	Tempe, AZ	—	898	3,066	(2,009	)	362	1,593	1,955	667	2007	(j)
1590 East Riverview Dr.	Phoenix, AZ	4,965	1,293	5,950	417		1,292	6,368	7,660	1,620	2008	(j)
14131 N. Rio Vista Blvd	Peoria, AZ	—	2,563	9,388	404		2,563	9,792	12,355	2,394	2008	(j)
8716 W. Ludlow Drive	Peoria, AZ	—	2,709	10,970	811		2,709	11,781	14,490	2,658	2008	(j)
3815 W. Washington Street	Phoenix, AZ	3,446	1,675	4,514	149		1,719	4,619	6,338	1,105	2008	(j)
9180 W. Buckeye Road	Tolleson, AZ	7,239	1,904	6,805	2,665		1,923	9,451	11,374	1,989	2008	(j)
8644 West Ludlow Drive	Peoria, AZ	—	1,726	7,216	—		1,726	7,216	8,942	300	2014	(j)
8606 West Ludlow Drive	Peoria, AZ	—	956	2,668	75		956	2,743	3,699	116	2014	(j)
8679 West Ludlow Drive	Peoria, AZ	—	672	2,791	—		672	2,791	3,463	119	2014	(j)
94th Avenue & Buckeye Road	Tolleson, AZ	—	4,315	—	14,711		4,315	14,711	19,026	—	2015	(j)
Salt Lake City
1270 West 2320 South	West Valley, UT	—	138	784	161		143	940	1,083	391	1998	(j)
1275 West 2240 South	West Valley, UT	—	395	2,241	352		408	2,580	2,988	1,102	1998	(j)
1288 West 2240 South	West Valley, UT	—	119	672	139		123	807	930	346	1998	(j)
2235 South 1300 West	West Valley, UT	—	198	1,120	168		204	1,282	1,486	546	1998	(j)
1293 West 2200 South	West Valley, UT	—	158	896	304		163	1,195	1,358	533	1998	(j)
1279 West 2200 South	West Valley, UT	—	198	1,120	172		204	1,286	1,490	561	1998	(j)
1272 West 2240 South	West Valley, UT	—	336	1,905	410		347	2,304	2,651	1,042	1998	(j)
1149 West 2240 South	West Valley, UT	—	217	1,232	341		225	1,565	1,790	696	1998	(j)
1142 West 2320 South	West Valley, UT	—	217	1,232	300		225	1,524	1,749	626	1998	(j)
2323 South 900 W	Salt Lake City, UT	—	886	2,995	(3	)	898	2,980	3,878	1,578	2006	(j)
1815-1957 South 4650 West	Salt Lake City, UT	6,667	1,707	10,873	44		1,713	10,911	12,624	2,907	2006	(j)
2100 Alexander Street	West Valley, UT	—	376	1,670	387		376	2,057	2,433	622	2007	(j)
2064 Alexander Street	West Valley, UT	—	864	2,771	89		869	2,855	3,724	949	2007	(j)
Seattle
1901 Raymond Ave SW	Renton, WA	821	4,458	2,659	433		4,594	2,956	7,550	740	2008	(j)
19014 64th Avenue South	Kent, WA	2,992	1,990	3,979	518		2,042	4,445	6,487	1,328	2008	(j)
18640 68th Avenue South	Kent, WA	328	1,218	1,950	306		1,258	2,216	3,474	661	2008	(j)
Southern California
1944 Vista Bella Way	Rancho Dominguez, CA	3,057	1,746	3,148	465		1,822	3,537	5,359	1,439	2005	(j)
2000 Vista Bella Way	Rancho Dominguez, CA	1,283	817	1,673	292		853	1,929	2,782	821	2005	(j)
2835 East Ana Street	Rancho Dominguez, CA	2,968	1,682	2,750	409		1,772	3,069	4,841	1,139	2005	(j)
16275 Technology Drive	San Diego, CA	—	2,848	8,641	546		2,859	9,176	12,035	2,721	2005	(j)
665 N. Baldwin Park Blvd.	City of Industry, CA	4,132	2,124	5,219	1,614		2,143	6,814	8,957	2,810	2006	(j)
27801 Avenue Scott	Santa Clarita, CA	6,103	2,890	7,020	788		2,902	7,796	10,698	2,670	2006	(j)
2610 & 2660 Columbia Street	Torrance, CA	4,335	3,008	5,826	565		3,031	6,368	9,399	1,895	2006	(j)
433 Alaska Avenue	Torrance, CA	—	681	168	(5	)	684	160	844	97	2006	(j)
4020 S. Compton Avenue	Los Angeles, CA	—	3,800	7,330	(473	)	3,825	6,832	10,657	1,664	2006	(j)
6305 El Camino Real	Carlsbad, CA	—	1,590	6,360	7,730		1,590	14,090	15,680	3,874	2006	(j)

2325 Camino Vida Roble	Carlsbad, CA	1,918	1,441	1,239	646		1,446	1,880	3,326	536	2006	(j)
2335 Camino Vida Roble	Carlsbad, CA	980	817	762	121		821	879	1,700	311	2006	(j)
2345 Camino Vida Roble	Carlsbad, CA	574	562	456	(23	)	565	430	995	174	2006	(j)
2355 Camino Vida Roble	Carlsbad, CA	625	481	365	237		483	600	1,083	226	2006	(j)
2365 Camino Vida Roble	Carlsbad, CA	1,189	1,098	630	334		1,102	960	2,062	362	2006	(j)
2375 Camino Vida Roble	Carlsbad, CA	1,304	1,210	874	113		1,214	983	2,197	348	2006	(j)
6451 El Camino Real	Carlsbad, CA	—	2,885	1,931	642		2,895	2,563	5,458	929	2006	(j)
8572 Spectrum Lane	San Diego, CA	1,995	806	3,225	293		807	3,517	4,324	769	2007	(j)
13100 Gregg Street	Poway, CA	—	1,040	4,160	744		1,073	4,871	5,944	1,589	2007	(j)
21730-21748 Marilla Street	Chatsworth, CA	2,743	2,585	3,210	151		2,608	3,338	5,946	1,065	2007	(j)
8015 Paramount	Pico Rivera, CA	—	3,616	3,902	61		3,657	3,922	7,579	1,575	2007	(j)
3365 E. Slauson	Vernon, CA	—	2,367	3,243	40		2,396	3,254	5,650	1,377	2007	(j)
3015 East Ana	Rancho Dominguez, CA	—	19,678	9,321	6,305		20,144	15,160	35,304	3,987	2007	(j)
19067 Reyes Ave	Rancho Dominguez, CA	—	9,281	3,920	303		9,381	4,123	13,504	1,765	2007	(j)
24870 Nandina Avenue	Moreno Valley, CA	—	13,543	—	21,149		6,482	28,210	34,692	2,410	2012	(j)
1250 Rancho Conejo Blvd.	Thousand Oaks, CA	—	1,435	779	(56	)	1,441	717	2,158	281	2007	(j)
1260 Rancho Conejo Blvd.	Thousand Oaks, CA	—	1,353	722	(920	)	675	480	1,155	175	2007	(j)
1270 Rancho Conejo Blvd.	Thousand Oaks, CA	—	1,224	716	(65	)	1,229	646	1,875	262	2007	(j)
1280 Rancho Conejo Blvd.	Thousand Oaks, CA	2,729	2,043	3,408	(252	)	2,051	3,148	5,199	639	2007	(j)
1290 Rancho Conejo Blvd.	Thousand Oaks, CA	2,300	1,754	2,949	(332	)	1,761	2,610	4,371	544	2007	(j)
100 West Sinclair Street	Perris, CA	—	4,894	3,481	(5,233	)	1,819	1,323	3,142	585	2007	(j)
14050 Day Street	Moreno Valley, CA	3,479	2,538	2,538	291		2,565	2,801	5,366	891	2008	(j)
12925 Marlay Avenue	Fontana, CA	9,204	6,072	7,891	235		6,090	8,108	14,198	3,066	2008	(j)
18201-18291 Santa Fe	Rancho Dominguez, CA	10,193	6,720	—	9,004		6,897	8,827	15,724	1,892	2008	(j)
1011 Rancho Conejo	Thousand Oaks, CA	4,524	7,717	2,518	(427	)	7,752	2,055	9,807	755	2008	(j)
20700 Denker Avenue	Torrance, CA	5,533	5,767	2,538	1,289		5,964	3,631	9,595	1,667	2008	(j)
18408 Laurel Park Road	Rancho Dominguez, CA	—	2,850	2,850	722		2,874	3,548	6,422	1,023	2008	(j)
19021 S. Reyes Avenue	Rancho Dominguez, CA	—	8,183	7,501	234		8,545	7,373	15,918	1,226	2008	(j)
6185 Kimball Avenue	Chino, CA	—	6,385	—	12,343		6,382	12,346	18,728	1,294	2013	(j)
5553 Bandini Blvd.	Bell, CA	—	32,536	—	21,636		32,540	21,632	54,172	1,183	2013	(j)
16875 Heacock Street	Moreno Valley, CA	—	—	6,831	72		—	6,903	6,903	630	2014	(j)
4710 Guasti Road	Ontario, CA	6,018	2,846	6,564	—		2,846	6,564	9,410	287	2014	(j)
17100 Perris Blvd	Moreno Valley, CA	—	6,388	—	24,140		6,395	24,133	30,528	933	2014	(j)
13414 S. Figueroa	Los Angeles, CA	—	1,701	—	6,578		1,887	6,392	8,279	248	2014	(j)
3841 Ocean Ranch Boulevard	Oceanside, CA	—	4,400	—	7,591		4,400	7,591	11,991	—	2015	(j)
3831 Ocean Ranch Boulevard	Oceanside, CA	—	2,693	—	4,333		2,694	4,332	7,026	—	2015	(j)
3821 Ocean Ranch Boulevard	Oceanside, CA	—	2,792	—	4,162		2,792	4,162	6,954	—	2015	(j)
145 W. 134th	Los Angeles, CA	—	2,901	2,285	39		2,901	2,324	5,225	68	2015	(j)
6150 Sycamore Canyon Blvd.	Riverside, CA	—	3,182	10,643	—		3,182	10,643	13,825	206	2015	(j)
17825 Indian Street	Moreno Valley, CA	—	5,034	22,095	—		5,034	22,095	27,129	258	2015	(j)
Southern New Jersey
2060 Springdale Road	Cherry Hill, NJ	—	258	1,436	599		258	2,035	2,293	824	1998	(j)
111 Whittendale Drive	Morrestown, NJ	—	522	2,916	519		522	3,435	3,957	1,340	2000	(j)

SCHEDULE III:

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2015

				(b) Initial Cost		(c) Costs Capitalized Subsequent to Acquisition or Completion and Valuation Provision		Gross Amount Carried At Close of Period 12/31/15				Year Acquired/ Constructed	Depreciable Lives (Years)
Building Address		Location (City/State)	(a) Encumbrances	Land	Buildings and Improvements			Land	Buildings and Improvements	Total	Accumulated Depreciation 12/31/2015
			(In thousands)
7851 Airport Highway		Pennsauken, NJ	—	160	508	381		162	887	1,049	390	2003	(j)
103 Central Avenue		Mt. Laurel, NJ	—	610	1,847	1,617		619	3,455	4,074	1,260	2003	(j)
7890 Airport Hwy/7015 Central		Pennsauken, NJ	—	300	989	461		425	1,325	1,750	996	2006	(j)
St. Louis
8921-8971 Frost Avenue		Berkeley, MO	—	431	2,479	850		431	3,329	3,760	1,550	1994	(j)
9043-9083 Frost Avenue		Berkeley, MO	—	319	1,838	2,618		319	4,456	4,775	1,612	1994	(j)
10431 Midwest Industrial Blvd		Olivette, MO	1,542	237	1,360	781		237	2,141	2,378	978	1994	(j)
10751 Midwest Industrial Boulevard		Olivette, MO	—	193	1,119	303		194	1,421	1,615	626	1994	(j)
6951 N Hanley	(d)	Hazelwood, MO	—	405	2,295	2,520		419	4,801	5,220	1,915	1996	(j)
1067-1083 Warson-Bldg A		St. Louis, MO	1,385	246	1,359	823		251	2,177	2,428	628	2002	(j)
1093-1107 Warson-Bldg B		St. Louis, MO	2,471	380	2,103	1,850		388	3,945	4,333	1,159	2002	(j)
1113-1129 Warson-Bldg C		St. Louis, MO	1,950	303	1,680	1,436		310	3,109	3,419	1,252	2002	(j)
1131-1151 Warson-Bldg D		St. Louis, MO	1,905	353	1,952	1,034		360	2,979	3,339	833	2002	(j)
6821-6857 Hazelwood Avenue		Berkeley, MO	4,678	985	6,205	1,011		985	7,216	8,201	2,321	2003	(j)
13701 Rider Trail North		Earth City, MO	—	800	2,099	707		804	2,802	3,606	1,162	2003	(j)
1908-2000 Innerbelt	(d)	Overland, MO	7,182	1,590	9,026	1,336		1,591	10,361	11,952	4,216	2004	(j)
9060 Latty Avenue		Berkeley, MO	—	687	1,947	(82	)	694	1,858	2,552	1,645	2006	(j)
21-25 Gateway Commerce Center		Edwardsville, IL	—	1,874	31,958	(262	)	1,902	31,668	33,570	8,155	2006	(j)
6647 Romiss Court		St. Louis, MO	—	230	681	(8	)	241	662	903	280	2008	(j)
Tampa
5313 Johns Road		Tampa, FL	—	204	1,159	568		257	1,674	1,931	727	1997	(j)
5525 Johns Road		Tampa, FL	—	192	1,086	280		200	1,358	1,558	582	1997	(j)
5709 Johns Road		Tampa, FL	—	192	1,086	182		200	1,260	1,460	557	1997	(j)
5711 Johns Road		Tampa, FL	—	243	1,376	159		255	1,523	1,778	681	1997	(j)
5455 W Waters Avenue		Tampa, FL	—	307	1,742	755		326	2,478	2,804	1,161	1997	(j)
5553 W Waters Avenue		Tampa, FL	—	307	1,742	424		326	2,147	2,473	973	1997	(j)
5501 W Waters Avenue		Tampa, FL	—	215	871	251		242	1,095	1,337	476	1997	(j)
5503 W Waters Avenue		Tampa, FL	—	98	402	140		110	530	640	227	1997	(j)
5555 W Waters Avenue		Tampa, FL	—	213	1,206	214		221	1,412	1,633	603	1997	(j)
5557 W Waters Avenue		Tampa, FL	—	59	335	59		62	391	453	172	1997	(j)
5463 W Waters Avenue		Tampa, FL	—	497	2,751	637		560	3,325	3,885	1,447	1998	(j)
5461 W Waters Avenue		Tampa, FL	—	261	—	1,305		265	1,301	1,566	540	1998	(j)
5481 W Waters Avenue		Tampa, FL	—	558	—	2,276		561	2,273	2,834	891	1999	(j)

4515-4519 George Road		Tampa, FL	—		633		3,587		895			640		4,475		5,115		1,586		2001	(j)
6089 Johns Road		Tampa, FL	—		180		987		66			186		1,047		1,233		361		2004	(j)
6091 Johns Road		Tampa, FL	—		140		730		(4		)	144		722		866		242		2004	(j)
6103 Johns Road		Tampa, FL	—		220		1,160		82			226		1,236		1,462		447		2004	(j)
6201 Johns Road		Tampa, FL	—		200		1,107		(10		)	205		1,092		1,297		446		2004	(j)
6203 Johns Road		Tampa, FL	—		300		1,460		(306		)	311		1,143		1,454		395		2004	(j)
6205 Johns Road		Tampa, FL	—		270		1,363		154			278		1,509		1,787		500		2004	(j)
6101 Johns Road		Tampa, FL	—		210		833		95			216		922		1,138		347		2004	(j)
4908 Tampa West Blvd		Tampa, FL	—		2,622		8,643		(820		)	2,635		7,810		10,445		3,022		2005	(j)
7201-7281 Bryan Dairy Road	(d)	Largo, FL	—		1,895		5,408		(1,374		)	1,365		4,564		5,929		1,287		2006	(j)
4900-4914 Creekside Drive	(h)	Clearwater, FL	—		3,702		7,338		(3,566		)	2,245		5,229		7,474		1,592		2006	(j)
12345 Starkey Road		Largo, FL	—		898		2,078		(592		)	599		1,785		2,384		729		2006	(j)
Other
2250 Delaware Avenue		Des Moines, IA	—		277		1,609		(132		)	173		1,581		1,754		788		1998	(j)
6266 Hurt Road		Horn Lake, MS	—		427		—		3,721			387		3,761		4,148		930		2004	(j)
6301 Hazeltine National Drive		Orlando, FL	—		909		4,613		67			920		4,669		5,589		1,891		2005	(j)
12626 Silicon Drive		San Antonio, TX	—		768		3,448		(394		)	779		3,043		3,822		1,041		2005	(j)
3100 Pinson Valley Parkway		Birmingham, AL	—		303		742		(304		)	225		516		741		210		2005	(j)
3730 Wheeler Avenue		Fort Smith, AR	—		720		2,800		(589		)	583		2,348		2,931		917		2006	(j)
3200 Pond Station		Jefferson County, KY	—		2,074		—		9,681			2,120		9,635		11,755		2,099		2007	(j)
581 Welltown Road/Tyson Blvd		Winchester, VA	—		2,320		—		10,994			2,401		10,913		13,314		2,345		2007	(j)
7501 NW 106th Terrace		Kansas City, MO	11,555		4,152		—		13,673			4,228		13,597		17,825		2,450		2008	(j)
600 Greene Drive		Greenville, KY	—		294		8,570		(727		)	296		7,841		8,137		4,679		2008	(j)
Developments in Process
First San Michele Logistics Center		Moreno Valley, CA	—		1,274		—		3,179			1,274		3,179		4,453		—		2012	(j)
First Arlington Commerce Center II		Arlington. TX	—		1,603		—		2,859			1,603		2,859		4,462		—		2015	(j)
First Park 94 - Building I		Somers, WI	—		1,920		—		16,177			1,920		16,177		18,097		—		2015	(j)
First Park McDonough		McDonough, GA	—		2,501		—		94			2,501		94		2,595		—		2015	(j)
Land Parcels
Land Parcels	(i)		—		149,456		—		24,324			144,510		29,270		173,780		2,854
Total			$	564,955	$	764,387	$	1,639,778	$	893,484		$	747,125	$	2,550,524	$	3,297,649	$	792,501

FIRST INDUSTRIAL REALTY TRUST, INC. AND FIRST INDUSTRIAL, L.P.

SCHEDULE III:

REAL ESTATE AND ACCUMULATED DEPRECIATION

As of December 31, 2015

NOTES:

(a) See description of encumbrances in Note 4 of the Notes to Consolidated Financial Statements. For purposes of this schedule the total principal balance of a mortgage loan payable that is collateralized by a pool of properties is allocated among the properties in the pool based on each property's carrying balance.

(b) Initial cost for each respective property is tangible purchase price allocated in accordance with FASB’s guidance on business combinations.

(c) Improvements are net of the write-off of fully depreciated assets and impairment of real estate and include construction in progress.

(d) Comprised of two properties.

(e) Comprised of three properties.

(f) Comprised of four properties.

(g) Comprised of five properties.

(h) Comprised of eight properties.

(i) These properties represent developable land and land parcels for which we receive ground lease income.

(j) Depreciation is computed based upon the following estimated lives:

Buildings and Improvements	7 to 50 years
Land Improvements	5 to 20 years
Tenant Improvements	Lease Term

At December 31, 2015, the aggregate cost of land and buildings and equipment for federal income tax purpose was approximately $3.2 billion (excluding construction in progress).

The changes in investment in real estate for the three years ended December 31, are as follows:

	2015			2014			2013
	(In thousands)
Balance, Beginning of Year	$	3,183,369		$	3,119,547		$	3,130,942
Acquisition of Real Estate Assets	161,074			84,526			69,481
Construction Costs and Improvements	142,535			104,782			100,207
Disposition of Real Estate Assets	(162,636		)	(98,378		)	(142,369		)
Impairment of Real Estate	(626		)	—			(2,652		)
Write-off of Fully Depreciated Assets	(26,067		)	(27,108		)	(36,062		)
Balance, End of Year Including Real Estate Held for Sale	$	3,297,649		$	3,183,369		$	3,119,547
Real Estate Held for Sale	(3,681		)	—			—
Balance, End of Year Excluding Real Estate Held for Sale	$	3,293,968		$	3,183,369		$	3,119,547

The changes in accumulated depreciation for the three years ended December 31, are as follows:

	2015			2014			2013
	(In thousands)
Balance, Beginning of Year	$	786,978		$	748,044		$	735,593
Depreciation for Year	92,955			93,457			94,271
Disposition of Real Estate Assets	(61,365		)	(27,415		)	(45,758		)
Write-off of Fully Depreciated Assets	(26,067		)	(27,108		)	(36,062		)
Balance, End of Year Including Real Estate Held for Sale	$	792,501		$	786,978		$	748,044
Real Estate Held for Sale	(1,171		)	—			—
Balance, End of Year Excluding Real Estate Held for Sale	$	791,330		$	786,978		$	748,044