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 5,220 25,125 SH   SOLE   0 0 25,125
ABBVIE INC COM 00287Y109 4,769 59,175 SH   SOLE   0 0 59,175
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 4,735 33,215 SH   SOLE   0 0 33,215
AT&T INC COM 00206R102 3,742 119,316 SH   SOLE   0 0 119,316
BANK NEW YORK MELLON CORP COM 064058100 4,400 87,250 SH   SOLE   0 0 87,250
CHEVRON CORP NEW COM 166764100 5,294 42,975 SH   SOLE   0 0 42,975
CISCO SYS INC COM 17275R102 6,901 127,811 SH   SOLE   0 0 127,811
CVS HEALTH CORP COM 126650100 3,249 60,240 SH   SOLE   0 0 60,240
ESSEX PPTY TR INC COM 297178105 4,201 14,525 SH   SOLE   0 0 14,525
EXXON MOBIL CORP COM 30231G102 4,122 51,017 SH   SOLE   0 0 51,017
HIGHWOODS PPTYS INC COM 431284108 3,785 80,905 SH   SOLE   0 0 80,905
HOSPITALITY PPTYS TR COM SH BEN INT 44106m102 3,146 119,590 SH   SOLE   0 0 119,590
INTERNATIONAL BUSINESS MACHS COM 459200101 4,310 30,546 SH   SOLE   0 0 30,546
JOHNSON & JOHNSON COM 478160104 5,750 41,132 SH   SOLE   0 0 41,132
JPMORGAN CHASE & CO COM 46625H100 5,794 57,240 SH   SOLE   0 0 57,240
LIBERTY PPTY TR SH BEN INT 531172104 4,906 101,315 SH   SOLE   0 0 101,315
MERCK & CO INC COM 58933Y105 6,087 73,192 SH   SOLE   0 0 73,192
NOVARTIS A G SPONSORED ADR 66987v109 5,236 54,465 SH   SOLE   0 0 54,465
PEPSICO INC COM 713448108 4,917 40,122 SH   SOLE   0 0 40,122
PFIZER INC COM 717081103 6,432 151,442 SH   SOLE   0 0 151,442
PROCTER AND GAMBLE CO COM 742718109 5,785 55,602 SH   SOLE   0 0 55,602
PROLOGIS INC COM 74340W103 4,714 65,520 SH   SOLE   0 0 65,520
PRUDENTIAL FINL INC COM 744320102 4,463 48,575 SH   SOLE   0 0 48,575
PUBLIC STORAGE COM 74460D109 3,691 16,948 SH   SOLE   0 0 16,948
SIMON PPTY GROUP INC NEW COM 828806109 3,886 21,325 SH   SOLE   0 0 21,325
TOTAL S A SPONSORED ADS 89151E109 3,132 56,277 SH   SOLE   0 0 56,277
TRAVELERS COMPANIES INC COM 89417E109 5,017 36,575 SH   SOLE   0 0 36,575
UNION PACIFIC CORP COM 907818108 5,823 34,828 SH   SOLE   0 0 34,828
UNITED TECHNOLOGIES CORP COM 913017109 5,125 39,760 SH   SOLE   0 0 39,760
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 174 2,002 SH   SOLE   0 0 2,002
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 19 72 SH   SOLE   0 0 72
VANGUARD INDEX FDS TOTAL STK MKT 922908769 116 800 SH   SOLE   0 0 800
VANGUARD INDEX FDS VALUE ETF 922908744 589 5,474 SH   SOLE   0 0 5,474
WELLTOWER INC COM 95040Q104 4,745 61,145 SH   SOLE   0 0 61,145