Innovaro, Inc. 10-K

Item 2. Properties Our principal office is located in Tampa, Florida. This office space is owned by our subsidiary, UTEK Real Estate and is encumbered. This property is utilized by all of our product segments and is adequate for our current domestic office needs. If our office requirements increase beyond our current expectations, we believe that additional office space may be available for use at this location. We also lease office space in Illinois, Washington D.C. and the United Kingdom. The Illinois and Washington D.C. properties are utilized by our innovation consulting services segment and the United Kingdom property is utilized by our subscription services segment and our other services segment. These properties are adequate for our current needs.