The portfolio is diversified by life cycle, property type, location and investment size. The properties in the portfolio average 10.2 years in age, and 92.0% of the operating properties are leased. MEPT is heavily weighted in office and industrial properties, since MEPT identified through research that long-term shifts in the U.S. economy have spurred continued growth of service industries. An increase in the number of service-oriented jobs, developments in transportation technology, supply management systems, and changes in consumer preferences, travel behavior, and spending patterns, have resulted in the prevailing need for office and industrial space across the United States.