Portfolio Overview

39

office properties

43

corporate tenants

5.6M

total leaseable sq. ft.

$88M

annualized base rent (ABR)

94.8%

leases with rent escalations

44.4%

ABR from investment grade tenants

Geographic Diversification

Industry Diversification2

View in Table Format

Top 10 Tenants by ABR

Top 10 Tenants by ABR table
Property Image Tenant Location ABR ($000s) % of Total ABR SF3 # of Properties WALT4
KBR, Inc. property image KBR, Inc. Texas $20,156 22.9% 913,713 1 5.5
JPMorgan Chase Bank, N.A. Florida, Texas $9,069 10.3% 666,869 3 4.4
Siemens AS property image Siemens AS5 Norway $4,198 4.8% 165,905 1 1.0
PPD property image Pharmaceutical Product Development, LLC North Carolina $4,063 4.6% 219,812 1 8.9
Omincom Group, Inc. property image Omnicom Group, Inc. California $3,961 4.5% 120,000 1 3.7
R.R. Donnelley property image R.R. Donnelley & Sons Company Illinois $3,393 3.9% 167,215 1 2.7
Board of Regents property image Board of Regents, State of Iowa Iowa $3,254 3.7% 191,700 1 5.8
Bankers Financial Corporation image Bankers Financial Corporation Florida $3,228 3.6% 111,357 1 0.6
Google, LLC property image Google, LLC California $2,930 3.3% 67,681 1 5.8
Orbital ATK, Inc. property image Northrop Grumman Systems Corporation Minnesota $2,679 3.0% 191,336 1 4.9
View Complete Property List

Sustainability Highlights

1.2M

sq. ft. of green-certified buildings as of 12/31

2

LEED-certified buildings as of 12/31
 

217

mtCO2e total 2023 Scope 1 and 2 emissions (market-based)

100%

of 2023 Scope 1 and 2 emissions based on actual data6 7

1.6

GHG Intensity (Scope 1 and 2 kgCO2e/SF) based on 2023 emissions
 

55%

of tenants (Scope 3) enrolled in utility data reporting for 20236

Sustainability Case Study

1 Portfolio data is as of December 31, 2024 and the amounts shown in charts may not add to 100% due to rounding.
2 Other includes Cable & Satellite, Regional Banks, Systems Software, Health Care Supplies, Broadcasting, IT Consulting & Other Services, Specialized Consumer Services, Building Products, Electric Utilities, Industrial Machinery, Auto Parts & Equipment, Communications Equipment, Diversified Real Estate Activities, Electronic Equipment & Instruments, Industrial Gases, Environmental & Facilities Services, Diversified Support Services, Education Services, Restaurants, Integrated Telecommunications, Wireless Telecommunications and Alternative Carriers.
3 Excludes 570,999 of operating square footage for a parking garage associated with the KBR, Inc. property in Houston, Texas.
4 Assumes parties do not exercise any renewal or purchase options pursuant to their applicable leases.
5 ABR amounts are subject to fluctuations in foreign currency exchange rates.
6 Percentage has been rounded to the nearest whole number.
7 Excludes fugitive emissions from refrigerant leaks, which are fully estimated due to lack of actual data.