Portfolio Overview

37

office properties

41

corporate tenants

5.5M

total leaseable sq. ft.

$88M

annualized base rent (ABR)

94.8%

leases with rent escalations

43.9%

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 23.0% 913,713 1 5.2
JPMorgan Chase Bank, N.A. Florida, Texas $9,766 11.1% 666,869 3 4.5
Siemens AS property image Siemens AS5 Norway $4,633 5.3% 165,905 1 0.7
PPD property image Pharmaceutical Product Development, LLC North Carolina $4,063 4.6% 219,812 1 8.7
Omincom Group, Inc. property image Omnicom Group, Inc. California $3,961 4.5% 120,000 1 3.5
R.R. Donnelley property image R.R. Donnelley & Sons Company Illinois $3,393 3.9% 167,215 1 2.5
Board of Regents property image Board of Regents, State of Iowa Iowa $3,254 3.7% 191,700 1 5.6
Bankers Financial Corporation image Bankers Financial Corporation Florida $3,228 3.7% 111,357 1 0.3
Google, LLC property image Google, LLC California $3,018 3.4% 67,681 1 5.6
Orbital ATK, Inc. property image Northrop Grumman Systems Corporation Minnesota $2,679 3.1% 191,336 1 4.7
View Complete Property List

Sustainability Highlights

1.2M

sq. ft. of green-certified buildings as of 3/31

2

LEED-certified buildings as of 3/31
 

3,823

mtCO2e total 2024 Scope 1 and 2 emissions (market-based)

99%

of 2024 Scope 1 and 2 emissions based on actual data6 7

2.8

GHG Intensity (Scope 1 and 2 kgCO2e/SF) based on 2024 emissions
 

50%

of tenants (Scope 3) enrolled in utility data reporting for 20246

Sustainability Case Study

1 Portfolio data is as of March 31, 2025 and the amounts shown in charts may not add to 100% due to rounding.
2 Includes Cable & Satellite, Regional Banks, Systems Software, Health Care Supplies, Broadcasting, IT Consulting & Other Services, Specialized Consumer Services, Building Products, Electric Utilities, Auto Parts & 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 amount is 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.