The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 5,050 35,650 SH   SOLE NONE 35,650 0 0
AT&T Corp. COM 001957109 2,785 79,041 SH   SOLE NONE 79,041 0 0
Bank New York Mellon COM 064057102 3,342 86,300 SH   SOLE NONE 86,300 0 0
BAXTER INTL INC COM 071813109 3,358 46,800 SH   SOLE NONE 46,800 0 0
CHEVRON CORP NEW COM 166764100 3,762 31,532 SH   SOLE NONE 31,532 0 0
CISCO SYS INC COM 17275R102 3,111 123,621 SH   SOLE NONE 123,621 0 0
DIGITAL RLTY TR INC COM 253868103 3,050 48,900 SH   SOLE NONE 48,900 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 4,583 63,875 SH   SOLE NONE 63,875 0 0
DUKE REALTY CORP COM NEW 264411505 2,790 162,450 SH   SOLE NONE 162,450 0 0
EXXON MOBIL CORP COM 30231G102 3,239 34,445 SH   SOLE NONE 34,445 0 0
GENERAL ELECTRIC CO COM 369604103 3,424 133,669 SH   SOLE NONE 133,669 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,503 54,450 SH   SOLE NONE 54,450 0 0
HCP Inc. COM 421915109 3,236 81,500 SH   SOLE NONE 81,500 0 0
HEALTH CARE REIT INC COM 42217K106 3,413 54,725 SH   SOLE NONE 54,725 0 0
HEWLETT PACKARD CO COM 428236103 3,398 95,800 SH   SOLE NONE 95,800 0 0
HOME PROPERTIES INC COM 437306103 2,705 46,450 SH   SOLE NONE 46,450 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 2,105 78,400 SH   SOLE NONE 78,400 0 0
ILLINOIS TOOL WKS INC COM 452308109 5,479 64,910 SH   SOLE NONE 64,910 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 4,237 22,320 SH   SOLE NONE 22,320 0 0
JPMORGAN CHASE & CO COM 46625H100 3,974 65,980 SH   SOLE NONE 65,980 0 0
JOHNSON & JOHNSON COM 478160104 4,976 46,690 SH   SOLE NONE 46,690 0 0
LIBERTY PPTY TR SH BEN INT 531172104 2,628 79,030 SH   SOLE NONE 79,030 0 0
MACK CALI RLTY CORP COM 554489104 1,662 87,000 SH   SOLE NONE 87,000 0 0
MASCO CORP COM 574599106 2,506 104,785 SH   SOLE NONE 104,785 0 0
MICROSOFT CORP COM 594918104 4,716 101,745 SH   SOLE NONE 101,745 0 0
NOVARTIS A G SPONSORED ADR 66987V109 4,268 45,350 SH   SOLE NONE 45,350 0 0
PEPSICO INC COM 713448108 3,596 38,640 SH   SOLE NONE 38,640 0 0
PFIZER INC COM 717081103 3,872 130,967 SH   SOLE NONE 130,967 0 0
PROCTER & GAMBLE CO COM 742718109 3,994 47,700 SH   SOLE NONE 47,700 0 0
Prologis, Inc. COM 743410102 2,819 74,775 SH   SOLE NONE 74,775 0 0
PRUDENTIAL FINL INC COM 744320102 4,106 46,700 SH   SOLE NONE 46,700 0 0
ST JUDE MED INC COM 790849103 5,174 86,050 SH   SOLE NONE 86,050 0 0
TOTAL S A SPONSORED ADR 89151E109 2,825 43,842 SH   SOLE NONE 43,842 0 0
TRAVELERS COMPANIES INC COM 89417E109 3,781 40,250 SH   SOLE NONE 40,250 0 0
UNILEVER PLC SPON ADR NEW 904767704 4,079 97,355 SH   SOLE NONE 97,355 0 0
UNITED PARCEL SERVICE INC CL B 911312106 3,422 34,825 SH   SOLE NONE 34,825 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4,337 41,075 SH   SOLE NONE 41,075 0 0
WAL-MART STORES INC COM 931142103 3,978 52,025 SH   SOLE NONE 52,025 0 0
WASTE MGMT INC DEL COM 94106L109 3,362 70,750 SH   SOLE NONE 70,750 0 0