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Managing capital expenditures is an important part of our business. The table below presents capital expenditures*
since 2000, in dollars on a segment basis. |
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Since leasing activity varies year-to-year and the term of leases fluctuate, we think per square foot numbers tell
a meaningful story. In the table below, the Expenditures to Maintain Assets are presented based on total square feet in
the segment. Tenant Improvements & Leasing Commissions are presented based on square feet leased in the year on a per
annum basis based upon the average term of leases. |
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