Item 2. PROPERTIES

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Item 2. PROPERTIES

The Company owns the following properties:




Location		Nature of Property
United States:
Washington, Seattle		Corporate headquarters
California, Brisbane		Office and warehouse building
California, Hawthorne		Office and warehouse building
Florida, Miami		Office and warehouse building
Illinois, Bensenville		Office and warehouse building
New Jersey, Edison		Office and warehouse building
New York, Inwood		Office and warehouse building
Texas, Humble		Office and warehouse building
Washington, SeaTac		Office building
Washington, Spokane		Office building

North Asia:
China, Beijing		Office and warehouse building
China, Shanghai		Office building
China, Shenzhen		Offices
China, Tianjin		Offices
Hong Kong, Kowloon		Offices
Korea, Seoul		Office and warehouse
Taiwan, Taipei		Offices

Europe:
Belgium, Brussels		Office and warehouse building
England, London		Office and warehouse building
Ireland, Cork		Office and warehouse building
Ireland, Dublin		Office and warehouse building

Other North America:
Mexico, Nuevo Laredo		Land

Latin America:
Costa Rica, Alajuela		Office building

Middle East:
Egypt, Cairo		Office and warehouse building

The Company leases and maintains nearly 80 additional offices and warehouse locations in the United States and approximately 400 leased locations worldwide, primarily located close to an airport, ocean port, or on an important border crossing. The majority of these facilities contain warehouse facilities. Lease terms are either on a month-to-month basis or terminate at various times through 2025. See Note 8 to the Company’s consolidated financial statements for lease commitments. The Company will investigate the possibility of building or buying suitable facilities. The Company believes that current leases can be extended and that suitable alternative facilities are available in the vicinity of each present facility should extensions be unavailable at the conclusion of current leases.

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