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       During the three and six months ended June&amp;#160;30, 2010 the
       Company acquired one 0.5&amp;#160;million square foot value-added
       acquisition for $13.3&amp;#160;million. During the three and six
       months ended June&amp;#160;30, 2009, the Company did not acquire any
       properties.
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       As of June&amp;#160;30, 2010, the Company had seven
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       development projects, on an owned and managed basis, which are
       expected to total approximately 3.2&amp;#160;million square feet and
       have an aggregate estimated investment of $234.5&amp;#160;million
       upon completion, net of $10.8&amp;#160;million of cumulative real
       estate impairment losses to
   date. One of these projects totaling approximately
       0.6&amp;#160;million square feet with an aggregate estimated
       investment of $66.3&amp;#160;million was held in an unconsolidated
       co-investment venture.
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       at June&amp;#160;30, 2010, included projects expected to be
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       On a consolidated basis, as of June&amp;#160;30, 2010, the Company
       had an additional 29 pre-stabilized development projects
       totaling approximately 8.1&amp;#160;million square feet, with an
       aggregate estimated investment of $858.2&amp;#160;million, net of
       $70.8&amp;#160;million of cumulative real estate impairment losses
       to date, and an aggregate gross book value of
       $833.6&amp;#160;million, net of cumulative real estate impairment
       losses.
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       On a consolidated basis, as of June&amp;#160;30, 2010, the Company
       and its development joint venture partners had funded an
       aggregate of $1.1&amp;#160;billion, or 97%, of the total estimated
       investment before the impact of real estate impairment losses
       and will need to fund an estimated additional
       $34.3&amp;#160;million, or 3%, in order to complete the
       Company&amp;#8217;s development portfolio.
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       In addition to the Company&amp;#8217;s committed
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       it held a total of 2,405&amp;#160;acres of land for future
       development or sale, on a consolidated basis, approximately 85%
       of which was located in the Americas. The Company currently
       estimates that these 2,405&amp;#160;acres of land could support
       approximately 44.0&amp;#160;million square feet of future
       development.
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       The company&amp;#8217;s development portfolio and land inventory does
       not include value-added acquisitions.
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