Dollars in thousands. Portfolio data as of September 30, 2025. For additional property-level information, download the excel or view the latest 8-K Supplemental Filing.
(1) "IG" refers to investment grade rated tenants.
(2) Excludes 570,999 of operating square footage for a parking garage associated with the KBR, Inc. property in Houston, Texas.
(3) Assumes parties do not exercise any renewal or purchase options pursuant to their applicable leases.
(4) Denotes multi-tenant property. Primary tenant generating largest percentage of ABR shown. Industry, credit, rent increase type and next rent increase are for primary tenant.
(5) Denotes leased property that is not 100% occupied.
(6) We own a 90% controlling interest in this consolidated property.
(7) As of November 7, 2025 (the filing date of NLOP’s Q3 2025 8-K Supplemental), the property is vacant.
(8) In September 2025, we entered into a lease termination agreement with the tenant to terminate the lease on October 31, 2025 (the previous lease expiration date was May 31, 2032). In connection with the agreement, the tenant paid us a lease termination fee of $13.0 million in October 2025.
(9) In September 2025, we entered into a lease amendment with the tenant to extend the term beyond its prior lease expiration of March 2026. Rent will reset to $1.0 million effective April 2026, with 2.50% annual rent increases beginning April 2027.
(10) See the Disclosures Regarding Non-GAAP and Other Metrics section in the Appendix of the latest 8-K Supplemental Filing for a description of pro rata.