Combined Properties owns and operates a five million square foot portfolio of retail shopping centers and mixed-use projects in the Washington, D.C., and Los Angeles, Calif., metropolitan areas. It has a proven track record of locating opportunities and delivering extraordinary returns in top markets. The company is well known for its low historical vacancy rates, strong operating cash flows and award-winning designs. Combined Properties is unique in retail real estate. It is a privately held, mid-sized company with both a geographic and niche market focus. Because it is privately owned, it does not have the bureaucracy of larger, public companies. The company has extensive retail and mixed-use expertise demonstrated by its projects. While its key markets continue to be in Southern California and Washington, D.C., it is Combined Properties intention to expand into selected markets on both United States coasts.