BRProperties reported strong financial and operating results for 3Q10 and 9M10, with gross revenues increasing 91% and adjusted EBITDA rising 101% over the prior year periods. The company completed 84% of its acquisition goals for 2010, expanding its portfolio to over 1 million square meters. BRProperties also raised $200 million through a perpetual bond offering to fund further acquisitions and reduce its cost of debt. While vacancy rates were elevated, leasing spreads on new and renewed leases were positive. Looking ahead, BRProperties is well positioned to continue its growth trajectory with a strong pipeline of potential acquisitions.