Item 2. Properties
ITEM 2. PROPERTIES.
Our principal executive office is located in Chicago, Illinois under a lease expiring in March 2026. As of December 31, 2022, we owned or leased multiple properties in the United States and abroad, including office spaces, distribution centers, warehouses and branch retail locations.
Owned and leased properties by reportable segment as of December 31, 2022 are summarized below.
Number of Properties
Lawson TestEquity Gexpro Services All Other (1)
Offices 2 4 3 —
Distribution centers/warehouses 6 8 28 —
Branch locations — — — 14
Other (2)
1 — — —
Total 9 12 31 14
(1) Properties used by the Bolt Supply House ("Bolt"), a non-reportable segment .
(2) In connection with the sale of a discontinued business, we have agreed to lease the facility prior to the sale of the property.
While we believe that our facilities are adequate to meet our current needs, we will continue to assess the location and operation of our facilities to determine whether they meet the strategic needs of our business.
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