Property Type

As of June 30, 2023

As of December 31, 2022

Land

$

1,121,188

$

1,061,408

Acquired ground lease

6,312

6,006

Buildings and improvements

25,150,315

24,287,103

Tenant improvements

809,954

781,540

27,087,769

26,136,057

Accumulated depreciation and amortization

(7,739,462)

(7,268,981)

Investments in operating properties, net

19,348,307

18,867,076

Construction in progress and space held for development

4,635,939

4,789,134

Land held for future development

193,936

118,452

Investments in properties, net

$

24,178,182

$

23,774,662