Portfolio Statistics.Net Leased. Long-Term. Diversified.
Creditworthy. Inflation-Protected. Resilient.

We own and operate a diversified portfolio of strategically-located, institutional-quality office and industrial properties subject to long-duration leases with many world-renowned companies.

Institutional Quality Portfolio of
Net-Leased Office & Industrial Properties.

$5.7B

Total enterprise value

121/144

Properties / Buildings

84%/16%

Office / Industrial

$357.6M

In-place annual rent

94.4%

Portfolio Occupancy

6.5 Yrs

WALT

64.7%

IG Tenants BBB Avg. Rating

2.0%

Average Annual Escalations

Representative Tenants.

Rent Growth.

Top 10 Tenants

Top Tenants

Rating

% of Net Rent

WALT

Amazon.com Inc.

AA

3.8

10.0

General Electric Company

BBB+

3.2

3.6

Keurig Green Mountain, Inc.

BBB

3.2

8.1

Wood Group USA, Inc.

HY2

2.8

3.9

Southern Company Services, Inc.

A-

2.5

22.5

McKesson Corporation

BBB+

2.5

7.0

LPL Holdings, Inc.

BB+

2.3

15.1

Cigna Corporation

A-

2.3

3.0

Freeport Minerals Corporation

Baa2

2.2

5.6

State Farm Mutual Automobile Insurance Company

AA

2.1

2.3

Top 10 Total/Average Lease Term

27.0

8.1

Investment Grade Rating

Tenant Profile – 130 Tenants

Average Square Footage Leased per Tenant

211,735

Average Annual Net Rent per Sq Ft - Office

$16.44

Average Annual Net Rent per Sq Ft - Industrial

$5.20

Weighted Average Credit Rating

BBB

Weighted Average Lease Term (WALT)

6.5

Top 10 Industries

Industry

% of Net Rents

Capital Goods

13.0%

Retailing

8.8

Healthcare Equipment & Services

8.7

Materials

8.1

Consumer Services

7.7

Insurance

7.3

Telecommunication Services

5.9

Technology Hardware & Equipment

5.6

Diversified Financials

5.3

Consumer Durables & Apparel

5.0

Top 10 Total

75.4%

All Others

24.6%

Top 10 States (% of Net Rents)