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Commitments and Contingencies
9 Months Ended
Sep. 30, 2012
Commitments and Contingencies

10. Commitments and Contingencies

In the normal course of business, we are involved in legal actions arising from the ownership of our industrial properties. In our opinion, the liabilities, if any, that may ultimately result from such legal actions are not expected to have a materially adverse effect on our consolidated financial position, operations or liquidity.

We have committed to the construction of certain development projects totaling approximately 2.3 million square feet of GLA. The estimated total construction costs as of September 30, 2012, are approximately $99,516. Of this amount, approximately $68,401 remains to be funded. There can be no assurance that the actual completion cost will not exceed the estimated completion cost stated above.