The twelve (12) units held at the 36-floor Loft II building continue to attract stable tenancy with average occupancy for the year of approximately 93%. Turnover remains low in the building given the premium downtown location and access. to public area such as the American Airlines Centre, Bayside Marketplace and Bayfront Park, and its close proximity to the financial district in Brickell, help to boost the demand for space in this building. These features allow us to make periodic adjustments to rents at lease end dates or for new tenancies.