| Parkway Vacancy Rates | |||||||||
| VS. Our Markets VS. National Averages | |||||||||
| As of January 1, 2008 | |||||||||
| Market Vacancy | PKY Vacancy | ||||||||
| Market | Suburban | CBD | Overall | Suburban | CBD | Overall | |||
| Houston | 11.6% | 8.9% | 10.9% | 3.0% | 3.0% | ||||
| Chicago | 14.9% | 11.3% | 13.0% | 14.7% | 6.5% | 7.2% | |||
| Atlanta | 18.4% | 20.3% | 19.1% | 7.2% | 7.2% | ||||
| Memphis (1) | 13.6% | 21.2% | 15.3% | 3.4% | 13.6% | 9.1% | |||
| Jackson | 16.7% | 11.5% | 14.7% | 14.3% | 8.1% | 10.9% | |||
| Columbia | 14.9% | 13.6% | 14.3% | 19.9% | 8.3% | 9.8% | |||
| Orlando | 8.9% | 9.4% | 8.9% | 4.5% | 3.1% | 4.0% | |||
| Richmond | 7.8% | 10.1% | 8.4% | 30.5% | 30.5% | ||||
| Jacksonville | 12.1% | 16.0% | 13.2% | 1.6% | 17.6% | 11.6% | |||
| Nashville | 10.9% | 11.4% | 11.0% | 14.2% | 14.2% | ||||
| Phoenix | 14.5% | 11.9% | 13.9% | 3.9% | 3.9% | ||||
| Hampton Roads | 8.4% | 5.5% | 7.8% | 9.2% | 3.3% | 7.2% | |||
| Charlotte | 12.2% | 2.5% | 9.5% | 4.2% | 4.2% | ||||
| Ft. Lauderdale | 9.8% | 16.2% | 11.1% | 13.7% | 13.7% | ||||
| St. Petersburg | 13.0% | 13.8% | 13.3% | 0.0% | 0.0% | ||||
| Totals | 12.9% | 11.9% | 12.6% | 7.4% | 8.6% | 8.0% | |||
| National Average | 14.2% | 10.3% | 12.8% | (averages from CBRE 4Q 2007) | |||||
| Market information as of 4th Quarter 2007 except as noted: | |||||||||
| (1) 3rd Quarter 2007 | |||||||||
| Sources: CB Richard Ellis, CoStar, Colliers Keenan, Advantis, REIS, Karnes | |||||||||