CLR » Topics » Commercial Property Transactions

This excerpt taken from the CLR DEF 14A filed Apr 13, 2009.

Commercial Property Transactions

We lease approximately 81,000 square feet of office space from a company owned by our principal shareholder. The leases covering this space will expire at the end of February 2010. During the year ended December 31, 2008, rental amounts paid by us under the terms of the leases totaled approximately $804,000.

This excerpt taken from the CLR DEF 14A filed Apr 11, 2008.

Commercial Property Transactions

We lease approximately 67,000 square feet of office space from a company owned by our principal shareholder. The leases covering this space will expire at the end of February 2009. During the year ended December 31, 2007, rental amounts paid by us under the terms of the leases totaled approximately $707,000.

 

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