Subsequent Events	3 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsSubsequent to March 31, 2022, we acquired one industrial property and two land parcels for an aggregate purchase price of $29,250, excluding transaction costs. On April 18, 2022, we entered into a $425,000 unsecured term loan (the "2022 Unsecured Term Loan"), which replaces our 2015 Unsecured Term Loan that was set to mature in September 2022. Borrowings under the 2022 Unsecured Term Loan initially provide for interest-only payments at (x) daily SOFR, which refers to the secured overnight financing rate as administered by the Federal Reserve Bank of New York, plus a 0.10% adjustment, plus (y) a margin of 0.85% based on our credit ratings and consolidated leverage ratio. The interest rate is subject to adjustment based on changes to our leverage and credit ratings and our achievement of a sustainability-linked pricing metric. The 2022 Unsecured Term Loan matures on October 18, 2027. We received $165,000, the difference between the principal amounts of the 2022 Unsecured Term Loan and the 2015 Unsecured Term Loan, on April 18, 2022 and we intend to use the proceeds for general business purposes, including, without limitation, repayment of indebtedness, working capital needs, and the acquisition and development of property.

Subsequent Events

3 Months Ended

Mar. 31, 2022

Subsequent EventsSubsequent to March 31, 2022, we acquired one industrial property and two land parcels for an aggregate purchase price of $29,250, excluding transaction costs. On April 18, 2022, we entered into a $425,000 unsecured term loan (the "2022 Unsecured Term Loan"), which replaces our 2015 Unsecured Term Loan that was set to mature in September 2022. Borrowings under the 2022 Unsecured Term Loan initially provide for interest-only payments at (x) daily SOFR, which refers to the secured overnight financing rate as administered by the Federal Reserve Bank of New York, plus a 0.10% adjustment, plus (y) a margin of 0.85% based on our credit ratings and consolidated leverage ratio. The interest rate is subject to adjustment based on changes to our leverage and credit ratings and our achievement of a sustainability-linked pricing metric. The 2022 Unsecured Term Loan matures on October 18, 2027. We received $165,000, the difference between the principal amounts of the 2022 Unsecured Term Loan and the 2015 Unsecured Term Loan, on April 18, 2022 and we intend to use the proceeds for general business purposes, including, without limitation, repayment of indebtedness, working capital needs, and the acquisition and development of property.