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During the second quarter we had four additional tenants announce plans to close multiple stores throughout their outlet portfolio for various reasons. Within our portfolio this represents 34 stores containing approximately 109,000 square feet, or 1.3% of gross leasable area. Once again, these stores represent some of the least productive stores in our portfolio, with average sales of approximately $178 per square foot and average base rental rates of approximately $17.60. The majority of these store closing will occur towards the end of 2008 and the beginning of 2009, giving us ample time to work on re tenanting this space with higher volume tenants.
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