CONTRACT OF SALE
CORPORATE CENTER EAST I
Contract of Sale made as of the 4th day of June, 2001 between CEDAR INCOME FUND
PARTNERSHIP, L.P. formerly known as UNI-INVEST (U.S.A.) PARTNERSHIP, L.P., a
Delaware limited partnership with an address c/o Brentway Management LLC, 00
Xxxxx Xxxxxx Xxxxxx, Xxxx Xxxxxxxxxx, XX 00000 ("Seller") and CIP, LLC a limited
liability company with an address at 000 X. Xxxxxxx, Xxxxxxxxxxx, XX.
W I T N E S S E T H:
For and in consideration of the mutual covenants herein contained, the
parties hereto agree as follows:
1. Agreement to Sell. Seller agrees to sell to Purchaser, and Purchaser agrees
to buy from Seller all that certain lot, tract or parcel of land and premises,
together with all buildings and improvements thereon, located at 0000 X. Xxxxxx
Xxxxxx, Xxxxxxxxxxx, Xxxxxxxx and more particularly described in Exhibit A
attached hereto (the "Premises").
2. Purchase Price. Purchaser agrees to pay to Seller, and Seller agrees to
accept as and for the purchase price for the Premises the sum of One Million
Eight Hundred Sixty Thousand Dollars ($1,860,000) which sum (the "Purchase
Price") shall be paid as follows:
(a) Upon execution of this contract, Purchaser shall deliver a
certified or bank check in the amount of $93,000 (the "Down Payment")
to be held by Xxxxxx Xxxxxxxx, Esq. ("Escrow Agent"), in accordance
with the terms of this Contract; and
(b) Upon closing of title, the balance of the Purchase Price, subject
to apportionments pursuant to Paragraph 12 hereof, shall be paid to
Seller. All monies in excess of $500 payable under this Contract,
unless otherwise agreed to by Seller, shall be paid by unendorsed
certified check of Purchaser, or official check of any bank, savings
bank, trust company or savings and loan association having a banking
office in the State of New York or, at Seller's or Purchaser's
election, by wire transfer to Seller's account.
3. Title to Premises. Purchaser acknowledges that the Premises are to be
conveyed subject to the following matters, which matters shall not be deemed to
be title defects rendering Seller's title to the Premises unmarketable:
(a) Zoning ordinances and other applicable governmental regulations and
requirements, provided same do not prohibit the maintenance of the existing use
of the Premises;
(b) Retaining walls and other walls, bushes, trees, xxxxxx, fences and
the like extending from or onto the Premises, and any portion of the Premises
lying in the bed of any public street;
(c) Rights of the public and adjoining owners of highways, streets,
roads, and lanes bounding the Premises;
(d) Rights of any utility companies of record;
(e) Covenants, restrictions, and easements of record on the date
hereof, if any, provided same are not currently being violated;
(f) The present physical condition of the Premises, and all
improvements thereon, and any changes that may result in such condition from
reasonable wear and tear and natural deterioration prior to the closing;
(g) Liens for taxes, assessments, water charges and sewer rents not yet
due and payable, subject to adjustment as hereinafter set forth;
(h) Such state of facts which an accurate survey would show, including
the location of the Premises in relation to any flood plain, provided same do
not prevent the use of the existing structures on the Premises;
(i) Standard conditions and exceptions to title contained in the
standard form of Owner's Title Insurance Policy; and
(j) Leases, as hereinafter provided.
4. Title Search. Purchaser agrees to order a title search of the Premises from
New York Land Services, Inc., 000 Xxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000
(000) 000-0000, as agent for Commonwealth Land Title Insurance Company (the
"Title Company") within three (3) business days of the date hereof and shall
cause a duplicate of all title reports to be simultaneously delivered to Seller.
If Purchaser's title report discloses any title matter not provided for above
which operates to render title to Premises unmarketable (a "Title Defect"), then
Purchaser shall give notice thereof to Seller in writing prior to the earlier of
(a) ten (10) days after receipt of such search results or (b) thirty (30) days
of the date hereof ("Title Objection Period"), and Seller shall have thirty (30)
business days, at its option, and in its sole discretion, to cure such title
matters. If Seller is not able or does not elect to cure, satisfy or discharge
the same, then Purchaser's sole right shall be to terminate this Contract on
notice to Seller within five (5) days after Seller notifies Purchaser that it
will not or cannot cure, satisfy or discharge same, and thereafter the Down
Payment (and any interest accrued thereon) shall be returned to Purchaser and
neither party shall have any further rights or liabilities under this Contract.
If Purchaser does not exercise its right to terminate this Contract, then
Purchaser shall accept such title as Seller is able to convey without reduction
or abatement of the Purchase Price. Any objection to title based on a Title
Defect existing on the date hereof not raised in accordance with the provisions
of this Section within the Title Objection Period shall be deemed waived.
5. No Representations. Purchaser has made such examination of the Premises, the
operation, income and expenses thereof and all other matters affecting or
relating to this transaction as Purchaser deems necessary. Purchaser affirms
that Seller has not made nor has Purchaser relied upon any representation,
warranty or promise made by Seller or any broker or any representative or agent
of Seller whether express or implied, oral or written with respect to the
Premises or its physical condition, income, expenses, operation or use, or the
laws, ordinances, rules and regulations applicable to the Premises or compliance
of the Premises therewith, or any other matter or thing affecting or related to
the Premises, including without limitation the presence or absence of any
pollutant or hazardous substance on, about or adjacent to the Premises or the
suitability of the Premises for Purchaser's intended use, except as specifically
set forth in this Contract. It is understood and agreed that Purchaser is
acquiring and will accept conveyance of the Premises and the equipment and
fixtures therein in their "as is" condition, subject to reasonable wear and tear
prior to closing of title, provided that Seller agrees to deliver the Premises
with the roof free of leaks, the building structurally sound and the mechanical
systems in working order.
6. Seller's Representations and Warranties. Seller represents and warrants to
Purchaser as follows:
(a) Seller has received no written notice of any action for eminent
domain from any governmental instrumentality having jurisdiction thereof.
(b) Seller has received no written notice issued by insurance or
casualty companies affecting the Premises, with respect to violations affecting
the same as to use or operation.
(c) There are no service contracts affecting the Premises for elevator
service, air conditioning and heating service, except as listed on Exhibit B
annexed hereto.
(d) There are no outstanding contracts with any labor unions affecting
employees who may be used in connection with the operation of the Premises.
(e) Seller has not received any written notice(s) from any governmental
agencies concerning building code or ADA violations at the Premises.
(f) Seller has not received any written notice(s) from any governmental
agencies concerning environmental violations involving the Premises.
7. Purchaser's Representations and Warranties. Purchaser hereby represents and
warrants to Seller as follows: Purchaser is a limited liability company
organized and validly existing under the laws of Illinois and is or will be
qualified under the laws of the State of Illinois to conduct business therein on
the Closing Date.
8. Personalty and Fixtures. All right, title, and interest of Seller in and to
the personalty and fixtures that are in or on the Premises, and are due to be
transferred at the time of Closing, shall be deemed transferred to Purchaser
under the deed to be delivered at Closing. No part of the Purchase Price shall
be deemed to have been paid by Purchaser for the personalty and fixtures. In the
event a taxing authority shall determine that a sales tax is due on the
personalty, Purchaser agrees to pay the same. This provision shall survive
Closing.
9. Destruction. If, prior to the Closing, all or a material portion of the
Premises is destroyed by fire or any other casualty, or becomes the subject of
an actual eminent domain proceeding, (a) Seller shall notify Purchaser of such
fact and (b) Purchaser shall have the option, which must be exercised within
fifteen (15) days of the foregoing notice from Seller, to cancel this Contract
in which case Purchaser shall receive return of the Down Payment and any accrued
interest thereon. In the absence of such exercise, or in the event the portion
of the Premises affected is not material, (x) Seller shall assign to Purchaser
all of its rights to any insurance or condemnation proceeds awarded with respect
to such casualty or condemnation; and (y) Seller shall convey the Premises to
Purchaser without an abatement of the purchase price or obligation on the part
of Seller to restore the damage. Purchaser waives the provisions of the State of
Illinois Uniform Vendor and Purchaser Risk Act (765 ILCS 65/1) to the extent
contrary to the terms set forth hereinabove.
10. Leases. The Premises are sold and shall be conveyed subject to the leasehold
interests and tenancies (the "Leases") listed on Exhibit C attached hereto and
made a part hereof. Purchaser acknowledges that it has had an opportunity to
examine copies of the Leases and will accept title subject thereto. Seller does
not warrant that any particular Lease will be in force or effect at the Closing
or that the tenant will have performed their obligations thereunder. The
termination of any Lease, the removal of any tenant or vacation by any tenant
prior to the Closing shall not affect the obligations of Purchaser under this
Contract in any manner or entitle Purchaser to any abatement of or credit
against Purchaser's obligations or give rise to any other claim of Purchaser. If
Purchaser shall, subsequent to the date of Closing, collect rentals from any
tenants in arrears, such rentals shall first be applied to rentals due for a
period of thirty (30) days prior to the date of Closing, which amounts shall be
remitted to Seller promptly after receipt thereof. Purchaser agrees to xxxx the
applicable tenants as soon as practicable and to promptly remit to Seller the
portion of any additional rent attributable to the period prior to the date of
Closing as and when collected. This obligation shall survive the Closing.
11. Closing of Title. The closing of title ("Closing") shall be held at such
place as the parties shall mutually agree at a mutually agreeable date and time
but in no event later than July 1, 2001 (the "Closing Date"). The following
actions shall take place at Closing:
(a) Seller shall deliver to Purchaser a Special Warranty Deed, properly
executed in proper form for recording so as to convey the title required by this
Contract;
(b) Purchaser shall pay to Seller the balance of the Purchase Price, as
provided in Paragraph 2 of this Contract;
(c) Apportionments shall be made pursuant to Paragraph 12 hereof;
(d) Seller shall pay all applicable real property transfer taxes
customarily paid by sellers;
(e) Purchaser shall cause the deed to be recorded, duly complete all
required real property transfer returns and cause all such returns and checks in
payment of such taxes to be delivered to the appropriate officers promptly after
the Closing;
(f) Seller and Purchaser shall each deliver to the other a consent of
partners, board resolutions or other appropriate evidence of authority to enter
into the transactions described herein; and
(g) Seller shall assign to Purchaser and Purchaser shall assume all
Leases and security deposits held in connection therewith and all security
deposits, if any, shall be transferred to Purchaser; and
(h) Purchaser shall deliver to Seller an agreement indemnifying and
agreeing to defend Seller against any claims made by tenants with respect to
tenants' security deposits to the extent assigned to Purchaser and claims by
real estate brokers with respect to claims arising from renewals, expansions or
other modifications or new leases entered into after the Closing Date.
(i) Seller shall pay the premium for an ALTA Owner's Policy of Title
Insurance insuring title in the name of Purchaser, subject to all exceptions
provided for hereunder, in a policy amount equal to the Purchase Price.
12. Apportionments. The following are to be apportioned between Seller and
Purchaser as of midnight of the day before the date of Closing:
(a) Rents collected from the Premises as of the Closing Date; and
(b) Charges under transferable service contracts; and
(c) Real estate taxes, assessments and water and sewer rents
13. Use of Purchase Price to Pay Encumbrances. If there is any liability
affecting the Premises which Seller is obligated to pay and discharge at
Closing, Seller may use any portion of the balance of the Purchase Price to
discharge such liability. As an alternative, Seller may deposit with Purchaser's
title insurance company such amounts as may be required to assure discharge of
the liability. Upon request made within a reasonable time before Closing,
Purchaser agrees to provide separate certified checks as requested to assist in
clearing up these matters.
14. Brokerage. Purchaser and Seller each represent to the other that it did not
deal with any broker except Coldwell Banker/Heart of America Realtors and
Brentway Management LLC (the "Brokers") in connection with this transaction.
Purchaser and Seller each represent to the other that no broker other than the
aforementioned brokers was instrumental in bringing about this sale. In the
event any claim is made by a broker, finder or similar person based on actual
dealings with either party hereto, such party with whom said broker claims to
have dealt shall indemnify and hold harmless the other from and against any and
all claims, loss, liability and expense (including without limitation reasonable
legal fees) in connection with any such claims. The Brokers shall be paid a real
estate sales commission by the Seller in accordance with separate agreements
between the Brokers and the Seller.
15. Liability for Breach of Contract. The liability of Seller hereunder is
hereby limited to return of any sums deposited with Seller on account of the
sale (and any interest accrued thereon), upon which the liability of Seller
shall wholly cease, and Purchaser shall have no further claim against Seller for
any default, breach or violation hereof. Upon the default or failure of
Purchaser to perform its agreements hereunder, Seller shall be entitled to the
full amount of the Down Payment as liquidated damages, which sum Purchaser
agrees is not a penalty and which sum is a reasonable estimation of Seller's
damages, such damages being difficult to calculate at this time.
16. Further Assurances. Each of the parties hereby agrees to execute,
acknowledge and deliver such other documents or instruments as the other may
reasonably require from time to time to carry out the purposes of this Contract.
17. Notices. All notices, requests, consents, approvals or other communications
under this Contract shall be in writing and sent by overnight delivery service
requiring the recipient's signature mailed by certified mail, return receipt
requested, postage prepaid, addressed (a) if to Seller, at the address set forth
above, with a copy to Xxxxxx X. Xxxxxxxx, General Counsel, SKR Management Corp.,
00 Xxxxx Xxxxxx Xxxxxx, Xxxx Xxxxxxxxxx, Xxx Xxxx 00000 and (b) if to Purchaser,
at the address set forth above; or at such other address as either party shall
designate by giving notice thereof to the other party in the manner above
provided. Such notice shall be deemed effective upon delivery to or refusal by
the intended recipient thereof.
18. Merger. The acceptance of a deed by Purchaser shall be deemed to be a full
performance by Seller of, and shall discharge Seller from, all obligations
hereunder and thereafter, Seller shall have no liability hereunder to Purchaser,
or to any other person, firm, corporation or public body with respect to the
Premises, except as herein specifically provided. In the event that any
representation of Seller hereunder shall be false, Purchaser's sole right shall
be to terminate this Contract and obtain return of any sums deposited with
Seller on account of this sale (with any interest accrued thereon) and neither
party shall have any further rights or liabilities hereunder. The
representations and indemnities of Seller shall not survive the Closing unless
specifically provided in this Contract.
19. Binding Effect; Entire Agreement. This Contract, once executed by both
parties, shall be binding upon and inure to the benefit of the parties hereto
and their respective heirs, legal representatives, successors and permitted
assigns. This Contract contains the entire agreement between the parties, and
may not be modified except by a writing executed by the party against whom
enforcement is sought. Prior to execution by both parties, this Contract shall
not constitute an offer nor confer any rights upon Purchaser.
20. Recording. This Contract of Sale shall not be recorded by either party.
21. No Assignment. None of the rights or obligations under this Contract shall
be assignable by the Purchaser without prior written consent of Seller and any
such attempted assignment shall be without force or effect.
22. Governing Law. This Contract of Sale shall be construed in accordance with
and governed by the laws of the State of Illinois.
23. Escrow. Anything herein contained to the contrary notwithstanding, the Down
Payment shall be paid by wire transfer into an account designated by Xxxxxx
Xxxxxxxx, Esq., Escrow Agent (hereinafter called the "Escrow Agent") and shall
be held in escrow in a segregated interest bearing account it maintains with
North Fork Bank (The Down Payment together with all such interest, if any, is
hereinafter referred to as the "Escrow Funds".) It is further agreed that the
Escrow Funds shall not be released by said Escrow Agent except upon the mutual
written consent of both parties hereto, or, if such consent is not obtained, the
Escrow Agent may deliver such Escrow Funds to the party entitled to same
pursuant to the provisions of this Contract, provided not less than five (5)
business days' prior written notice is given to the parties. If after sending
such notice, the Escrow Agent receives written notice from either party
disputing the intended disposition of the Escrow Funds as indicated in said
notification from the Escrow Agent, then notwithstanding anything herein
contained to the contrary, the Escrow Agent shall retain such Escrow funds until
the dispute is settled, as evidenced by mutual written agreement of the parties,
or the Escrow Agent is instructed otherwise by a final judgment of a court of
competent jurisdiction. In the event of such dispute, the Escrow Agent shall
also have the right to deposit said Escrow Funds into a court of competent
jurisdiction and from and after the date such deposit is made and notice thereof
is given to Purchaser and Seller the Escrow Agent shall be released and
discharged of all obligations with respect thereto.
It is further agreed and understood: (1) that the Escrow Agent may deposit for
collection in the Escrow Agent's escrow bank account all checks tendered or wire
transfers received in payment of the Down Payment without such deposit
constituting in any way an acceptance by the Seller of the Purchaser's offer
contained in this Contract; (2) that the Escrow Agent shall not be liable for
the disposition of the Escrow Funds, except in the case of its gross negligence
or willful disregard of the provisions of his Contract; (3) that no compensation
shall be paid to the Escrow Agent for its services performed hereunder; and (4)
that the service by Xxxxxx Xxxxxxxx, Esq. as Escrow Agent hereunder shall not be
a bar to such attorney's acting as attorney for the Seller in connection with
the transactions contemplated by this Contract. Seller and Purchaser hereby
indemnify and hold Escrow Agent harmless against any loss, cost, liability,
judgment, claim or other expense whatsoever (including reasonable attorneys'
fees) incurred or arising out of the performance of its duties hereunder, except
claims arising from Escrow Agent's gross negligence or willful breach of its
duties.
24. Negotiations with Third Parties. Seller agrees that from the date of this
Contract until the earlier to occur of (a) the Closing or (b) a default by
Purchaser in any of its obligations hereunder, Seller shall not negotiate with
any third-party purchaser for the sale of the Premises.
25. Time of the Essence. Time is of the essence with respect to all obligations
to be performed hereunder.
26. Waiver of Jury Trial. Waiver of Trial by Jury. THE PARTIES HERETO EACH WAIVE
THE RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY DISPUTE ARISING FROM OR RELATED
TO THIS CONTRACT OR ANY PROVISION CONTAINED HEREIN.
27. Construction of Agreement. This Contract has been fully negotiated between
the parties and the parties agree that no presumption shall be made based on
which party may have been responsible for the drafting of any provisions herein.
28. Attorneys Authorized to Extend Time. The respective attorneys for each of
Seller and Purchaser are authorized to consent in writing to the extension of
any time period set forth herein.
29. Costs. Except as explicitly provided otherwise herein, any action to be
performed by any party herein shall be performed by such party at its sole cost
and expense.
WITNESS: CEDAR INCOME FUND PARTNERSHIP, L.P.
by: Cedar Income Fund, Ltd.
By: /s/ Xxxxxx X. Xxxxxx
------------------------ --------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Vice President
WITNESS: CIP, LLC
By: /s/ Xxxxxxxx X. Xxxxxxx
------------------------ --------------------------------------
Name: Xxxxxxxx X. Xxxxxxx
Title: Manager
EXHIBITS
A - Legal Description
B - Service Contracts
C - Leases
EXHIBIT A
Lot 1 in Corporate Center East Subdivision in the North East 1/4 of Section 2,
Township 23 North, Range 2 East of the Third Principal Meridian, according to
the Plat thereof recorded January 27, 1988 as Document No. 88-1195, in XxXXXX
COUNTY, ILLINOIS.
Together with a nonexclusive assessment for ingress, egress and parking created
by the certain Ingress, Egress and Parking Easements dated March 9, 1988 and
recorded March 10, 1988 as Document No. 88-3619, in XxXXXX COUNTY, ILLINOIS.
Together with the nonexclusive rights, benefits and burdens of the following
described easement as they may pertain to the property herein conveyed, to-wit:
Easement for ingress and egress created by Agreement dated December 23, 1988 and
recorded February 9, 1987 as Document No. 87-2108 by and between
Bloomington-Normal Airport Authority and Life Investors Insurance Company of
America; reserving unto Grantor the nonexclusive rights created by said easement
for the use and benefit of Lots 2 and 3 of Corporate Center East Subdivision
aforesaid, in XxXXXX COUNTY, ILLINOIS.
EXHIBIT B
Wear & Tear Janitorial Common area cleaning
American Disposal Service 8 yard dumpster
Golf Green Lawn Care Lawn chemicals
Xxxxxxxx Landscaping Snow removal
Verizon Sprinkler monitor
Orkin Pest control
City of Bloomington Water (2 accounts)
Illinois Power Electric (2 accounts)
Nicor Gas (2 accounts)
Apartment Mart Property Management
Apartment Mart Lawn services
Coldwell Banker Leasing services
Culligan Water Conditioning Filter rental
EXHIBIT C
BRENTWAY MANAGEMENT LLC
User: MANAGER Commercial Rent Roll Page 1
Property: CEDAR INCOME FUND-ILLINOIS Report Date From: 6/01/01 To: 6/30/01
XXXXXXXXXXX, XX 00000
TEAM PRORATED BASE RENT
SQ. FOOT -------------- UNIT INFO BASE RENT RENT PER INCREASE
TENANT UNIT REF NO. OCCUPIED FROM TO BASE RENT ANNUAL SQ FT/YR (DATE)
------ ------------ -------- ---- -- --------- --------- --------- ---------
AMERICAN UNION INSURANCE CO 701-A 2590 9/01/00 10/31/03 2697.92 32375.04 12.50 11/01/00
XXX XXXXXXXXXXX 701-B 9928 5/14/01 4/30/06 10548.50 126582.50 12.75 6/01/01
6/01/02
6/01/03
6/01/04
6/01/05
XXXXXXX LYNCH, PIERCE, XXXXXX 701-C 4455 11/22/99 12/31/09 3712.50 44550.00 10.00 12/01/99
12/01/04
SKYWARD, INC. 701-D 5929 11/22/96 11/30/02 5558.44 66701.28 11.25 12/01/99
12/01/01
*** VACANT *** 701-E 2298 0.00 0.00 0.00
-----------------------------------------------------------------------------------------------------------------------------------
TOTALS: 25200 22517.36 270208.32 11.80
Total Occupied Square Feet : 22902
Total Vacant Square Feet : 2298
-----------------------------------------------------------------------------------------------------------------------------------
GRAND TOTALS: 25200 22517.36 270208.32 11.80
Total Occupied Square Feet : 22902
Total Vacant Square Feet : 2298
BASE RENT
SQ. FOOT INCREASE - OPERATING EXPENSE - -- REAL ESTATE TAX --
TENANT UNIT REF NO. OCCUPIED (AMOUNT) MONTH SQ FT/YR MONTH SQ FT/YR
------ ------------ -------- --------- ----- -------- ----- --------
AMERICAN UNION INSURANCE CO 701-A 2590 2,697.92 0.00 0.00 0.00 0.00
XXX XXXXXXXXXXX 701-B 9928 10,548.50 0.00 0.00 0.00 0.00
10,755.33
10,962.17
11,169.00
11,375.83
XXXXXXX LYNCH, PIERCE, XXXXXX 701-C 4455 3,712.50 0.00 0.00 0.00 0.00
4,455.00
SKYWARD, INC. 701-D 5929 5,588.44 0.00 0.00 0.00 0.00
5,681.96
*** VACANT *** 701-E 2298 0.00 0.00 0.00 0.00 0.00
---------------------------------------------------------------------------------------------------------------------------
TOTALS: 25200 0.00 0.00 0.00 0.00 0.00
Total Occupied Square Feet : 22902
Total Vacant Square Feet : 2298
---------------------------------------------------------------------------------------------------------------------------
GRAND TOTALS: 25200 0.00 0.00 0.00 0.00 0.00
Total Occupied Square Feet : 22902
Total Vacant Square Feet : 2298
SQ. FOOT -- CPI EXPENSE -- -- GROSS RENTS --
TENANT UNIT REF NO. OCCUPIED MONTH SQ FT/YR SQ FT/YR TOTAL
------ ------------ -------- ----- -------- -------- -----
AMERICAN UNION INSURANCE CO 701-A 2590 0.00 0.00 12.50 2,697.92
XXX XXXXXXXXXXX 701-B 9928 0.00 0.00 12.75 10,548.50
XXXXXXX LYNCH, PIERCE, XXXXXX 701-C 4455 0.00 0.00 10.00 3,712.50
SKYWARD, INC. 701-D 5929 0.00 0.00 11.25 5,558.44
*** VACANT *** 701-E 2298 0.00 0.00 0.00 0.00
-----------------------------------------------------------------------------------------------------------
TOTALS: 25200 0.00 0.00 10.72 22,517.36
Total Occupied Square Feet : 22902
Total Vacant Square Feet : 2298
-----------------------------------------------------------------------------------------------------------
GRAND TOTALS: 25200 0.00 0.00 10.72 22,517.36
Total Occupied Square Feet : 22902
Total Vacant Square Feet : 2298
