A Dark Vector Cognition product

Item 2. PROPERTIES

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Item 2. PROPERTIES

Our corporate headquarters is in Eden Prairie, Minnesota. The total square footage of our four buildings in Eden Prairie is 357,000. This total includes approximately 221,000 square feet used for our corporate and shared services, our data center of approximately 18,000 square feet, and 118,000 square feet used for office operations.

Most of our offices are leased from third parties under leases with initial terms ranging from three to fifteen years. Our office locations range in space from 1,000 to 208,000 square feet. Because we are a global enterprise characterized by substantial intersegment cooperation, properties are often used by multiple business segments. The following table lists our office locations of greater than 20,000 square feet:

LocationApproximate Square Feet
Kansas City, MO(1)208,000
Eden Prairie, MN153,000
Eden Prairie, MN(1)105,000
Eden Prairie, MN(1)81,000
Chicago, IL(1)80,000
Wood Dale, IL72,000
Chicago, IL48,000
Shanghai, China43,000
Auburn Hills, MI41,000
Atlanta, GA40,000
Amsterdam, Netherlands37,000
Oronoco, MN(1)32,000
Miami, FL25,200
Woodridge, IL22,000
Minneapolis, MN21,000

(1)These properties are owned. All other properties in the table above are leased from third parties.

We also own or lease warehouses totaling approximately 1.5 million square feet of space in nearly 40 cities around the world. The following table lists our warehouses over 50,000 square feet:

LocationApproximate Square Feet
Carson, CA228,000
Des Plaines, IL219,000
Rancho Dominguez, CA130,000
San Bernardino, CA105,000
Atlanta, GA95,000
Bethlehem, PA85,000
Vancouver, WA79,000
Edinburg, TX72,000
Miramar, FL67,000
Bydgoszcz, Poland52,000
Cobden, IL(1)52,000

(1)This property is owned. All other properties in the table above are leased from third parties.

We consider our current office spaces and warehouse facilities adequate for our current level of operations. We have not had difficulty in obtaining sufficient office space and believe we can renew existing leases or relocate to new offices as leases expire. We have entered into a lease for a building to be built in Chicago, Illinois, with a substantial completion date in 2018. The lease of approximately 200,000 square feet will replace certain current space in Chicago that we own.

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