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.

$5.1B

Total enterprise value

121/144

Properties / Buildings

84%/16%

Office / Industrial

$361M

In-place annual rent

92.7%

Portfolio Occupancy

6.1 Yrs

WALT

66.2%

IG Tenants BBB Avg. Rating

2.0%

Average Annual Escalations

Representative Tenants.

Rent Growth

Rent Growth

% of ABR

Wtd. Avg. Annual Growth Rate

Annually

86.3%

2.1%

Every 5 Years

8.4%

0.9%

Other Frequencies

3.9%

1.6%

No Escalations

1.4%

-

Portfolio Total/Weighted Average

100%

2.0%

Top 10 Tenants

Top Tenants

Rating

% of ABR

WALT

Amazon.com Inc.

AA

4.5

9.6

Keurig Dr. Pepper, Inc.

BBB

3.2

7.4

General Electric Company

BBB+

3.2

3.4

Wood Group USA, Inc.

HY4

2.8

3.5

Southern Company Services, Inc.

BBB+

2.5

21.7

LPL Holdings, Inc.

BB+

2.3

14.3

Freeport Minerals Corporation

BBB-

2.2

4.9

State Farm Mutual Auto Insurance Co

AA

2.1

1.5

DigitalGlobe, Inc.

B

2.0

8.0

RH

IG10

2.0

8.2

Top 10 Total/Average Lease Term

26.8

8.2

Investment Grade Rating

Tenant Profile – 131 Tenants

Average Square Footage Leased per Tenant

206,288

Average Annual Net Rent per Sq Ft - Office

$16.59

Average Annual Net Rent per Sq Ft - Industrial

$5.21

Weighted Average Credit Rating

BBB

Weighted Average Lease Term (WALT)

6.1

Top 10 Industries

Industry

% of Net Rents

Capital Goods

13.1

Materials

8.1

Health Care Equipment & Services

7.8

Consumer Services

7.7

Insurance

7.4

Telecommunication Services

5.4

Diversified Financials

5.3

Technology Hardware & Equipment

5.2

Retailing

5.1

Consumer Durables & Apparel

4.9

Top 10 Total

70.0

All Others

30.0

Top 10 States (% of Net Rents)