Item 2. Properties
ITEM 2. PROPERTIES
Our headquarters is located in Southfield, Michigan, in an office building we purchased in 1993, which includes approximately 136,000 square feet of space. We also own a second office building in Southfield that we purchased in 2018, which includes approximately 297,000 square feet of space. We have a mortgage loan from a commercial bank that is secured by a first mortgage lien on the second office property.
We lease approximately 31,000 square feet of office space in Henderson, Nevada. The lease, which includes a renewal option, expires in December 2022. Additionally, there currently is a significant amount of unoccupied office space available for lease in the markets where we operate.
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