Portfolio Overview

47

office properties

50

corporate tenants

6.9M

total leaseable sq. ft.

$102M

annualized base rent (ABR)

95.6%

leases with rent escalations

50.9%

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 19.7% 913,713 1 6.0
JPMorgan Chase Bank, N.A. Florida, Texas $9,069 8.8% 666,869 3 4.9
Siemens AS property image Siemens AS5 Norway $4,476 4.4% 165,905 1 1.5
CVS Health Corporation property image CVS Health Corporation6 Arizona $4,300 4.2% 354,888 1 15.1
PPD property image Pharmaceutical Product Development, LLC North Carolina $3,983 3.9% 219,812 1 9.4
Omincom Group, Inc. property image Omnicom Group, Inc. California $3,961 3.9% 120,000 1 4.3
Orbital ATK, Inc. property image Northrup Grumman Systems Corporation (fka Orbital ATK, Inc.) Minnesota $3,821 3.7% 191,336 1 5.4
E-On property image E.On UK PLC5 United Kingdom $3,604 3.5% 217,339 1 1.1
R.R. Donnelley property image R.R. Donnelley & Sons Company Illinois $3,327 3.2% 167,215 1 3.2
Board of Regents property image Board of Regents, State of Iowa Iowa $3,254 3.2% 191,700 1 6.3
View Complete Property List

Sustainability Highlights

1.3M

sq. ft. of green-certified buildings as of 6/30

3

LEED-certified buildings as of 6/30
 

6%

of portfolio (by sq. ft.) under a green lease7

217

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

100%

of 2023 Scope 1 and 2 emissions based on actual data7 8

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 20237

Sustainability Case Studies

1 Portfolio data is as of June 30, 2024 and the amounts shown in charts may not add to 100% due to rounding.
2 Other includes ABR from tenants in the following industries: Commercial Printing, Government Related Services, Cable & Satellite, IT Consulting & Other Services, Regional Banks, Systems Software, Health Care Supplies, Broadcasting, Multi-line Insurance, Specialized Consumer Services, Building Products, Electric Utilities, Industrial Machinery, Communications Equipment, Auto Parts & Equipment, Multi-Sector Holdings, Diversified Real Estate Activities, Electronic Equipment & Instruments, Industrial Gases, Diversified Support Services, Environmental & Facilities Services, Education Services, Restaurants, Integrated Telecommunications, Wireless Telecommunications and Alternative Carriers.
3 Excludes 570,999 of operating square footage for a garage at a domestic property.
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 This property was sold in August 2024.
7 Percentage has been rounded to the nearest whole number.
8 Excludes fugitive emissions from refrigerant leaks, which are fully estimated due to lack of actual data.