Kearny Real Estate Company, founded in 1993 and headquartered in Los Angeles, with offices San Diego, is a partnership of experienced real estate professionals active in the acquisition, entitlement and land development, development, repositioning, distressed debt workouts, leasing, management and disposition of commercial projects in California. Our focus as owner, developer, investor and manager is to create value in our portfolio of properties. We create value for our tenants and for the communities where we own and develop real estate by improving and repositioning underutilized assets and developing quality environments. We are extremely proud of the positive impacts that our projects either new or rehabilitation have on the communities we are involved in. We create value for our employees and partners by carefully buying and developing or repositioning quality assets in markets where we have expertise and a unique advantage, implementing our value added strategy, and selling the assets at opportune times. Kearny has managed and developed over 200 assets with values over $4.4 billion during the last 20 years delivering outstanding returns and very positive impacts to our local communities. Currently, our focus is office, industrial or mixed-use properties, or notes secured by these property types, ranging in size from $20 to 500 million, as well as acquiring land and adding value through entitlement and development. Kearny manages over 1.5 million square feet of office and industrial space as a joint venture partner and as a 3rd party manager.