Garland Capital Management

Garland Capital Management as of March 31, 2013

Portfolio Holdings for Garland Capital Management

Garland Capital Management holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing

                Voting Authority
                                     			Value                 	Shares/	Sh/	Put/	Invstmt	Other 	-----------------------------------
Name of Issuer	Title of Class	CUSIP	(x$1000)	Prn Amt	Prn	Call	Dscretn	Managers	Sole	Shared	None
-----------------------	--------	----------	-----------	----------	---------	--------	---------	--------	-------	-------	--------
{S}	{C}	{C}	{C}	{C}	{C}	{C}	{C}	{C}	{C}	{C}	{C}
3M Company                           	COM	88579Y101	4040	38000	SH		Sole		38000
ABM Industries Inc.                  	COM	000957100	2315	104070	SH		Sole		104070
AT^T Corp.                           	COM	001957109	2810	76590	SH		Sole		76590
Bank New York Mellon                 	COM	064057102	2465	88050	SH		Sole		88050
Baxter International Inc.            	COM	071813109	3232	44500	SH		Sole		44500
Buckle Inc.                          	COM	118440106	3450	73950	SH		Sole		73950
Chevron Corp.                        	COM	166764100	3815	32110	SH		Sole		32110
Coach Inc Com                        	COM	189754104	2844	56900	SH		Sole		56900
Digital Realty Trust                 	COM	253868103	2981	44550	SH		Sole		44550
Du Pont E I De Nemours               	COM	263534109	3216	65425	SH		Sole		65425
Duke-Weeks Realty Corp.              	COM	264411505	2654	156300	SH		Sole		156300
Exxon Mobil Corp.                    	COM	30231G102	3012	33430	SH		Sole		33430
General Electric                     	COM	369604103	3064	132544	SH		Sole		132544
HCP Inc.                             	COM	421915109	3964	79500	SH		Sole		79500
Health Care Reit Inc.                	COM	42217K106	3818	56225	SH		Sole		56225
Hewlett Packard                      	COM	428236103	2227	93400	SH		Sole		93400
Home Properties Inc.                 	COM	437306103	2854	45000	SH		Sole		45000
Hospitality Properties Trust         	COM	44106m102	2098	76450	SH		Sole		76450
Illinois Tool Works                  	COM	452308109	4145	68010	SH		Sole		68010
International Bus Mach               	COM	459200101	4622	21670	SH		Sole		21670
J P Morgan Chase & Co Com            	COM	46625H100	3092	65150	SH		Sole		65150
Johnson & Johnson                    	COM	478160104	3948	48430	SH		Sole		48430
Liberty Property Trust               	COM	531172104	2939	73930	SH		Sole		73930
Mack-Cali Realty Corp.               	COM	554489104	2438	85200	SH		Sole		85200
Masco Corp.                          	COM	574599106	2042	100835	SH		Sole		100835
Microsoft Corp.                      	COM	594918104	2943	102900	SH		Sole		102900
Novartis AG                          	COM	66987v109	3167	44450	SH		Sole		44450
Pepsico Inc.                         	COM	713448108	3042	38450	SH		Sole		38450
Pfizer Inc.                          	COM	717081103	3758	130217	SH		Sole		130217
Procter & Gamble Co.                 	COM	742718109	3728	48375	SH		Sole		48375
Prologis, Inc.                       	COM	743410102	3023	75625	SH		Sole		75625
Prudential Financial Inc             	COM	744320102	2767	46900	SH		Sole		46900
Roche Holding AG                     	COM	771195104	4031	68780	SH		Sole		68780
St Jude Med Inc Com                  	COM	790849103	3551	87800	SH		Sole		87800
Tiffany & Co New                     	COM	886547108	3133	45050	SH		Sole		45050
Total SA                             	COM	89151e109	2019	42075	SH		Sole		42075
Travelers Companies Inc              	COM	89417e109	3347	39750	SH		Sole		39750
Unilever Plc.                        	COM	904767704	4316	102175	SH		Sole		102175
United Parcel Service                	COM	911312106	2987	34775	SH		Sole		34775
United Technologies Corp.            	COM	913017109	4096	43835	SH		Sole		43835
Wal-Mart Stores Inc.                 	COM	931142103	3949	52775	SH		Sole		52775
Waste Management Inc.                	COM	94106L109	2719	69350	SH		Sole		69350