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Investments in Real Estate (Tables) | 12 Months Ended
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Dec. 31, 2021
Real Estate [Abstract] |
Schedule of wholly-owned industrial properties | The following table sets forth the wholly-owned industrial properties the Company acquired during the year ended December 31, 2021:
Property Name |  | Location |  | Acquisition Date |  | Number of Buildings |  | Square Feet |  | Purchase Price (in thousands)1 |  | Acreage
256 Paterson Plank |  | Carlstadt, NJ |  | January 13, 2021 |  | 1 |  |  | 16,159 |  |  | $ | 10,625 |  |  | —
117th Place NE |  | Kirkland, WA |  | February 25, 2021 |  | 1 |  |  | 126,721 |  |  | 33,750 |  |  | —
Countyline #24 & #25 |  | Hialeah, FL |  | March 17, 2021 |  | 2 |  |  | 273,577 |  |  | 48,114 |  |  | —
Edison |  | San Leandro, CA |  | March 31, 2021 |  | 3 |  |  | 112,392 |  |  | 17,600 |  |  | —
73rd Street |  | Miami, FL |  | April 6, 2021 |  | — |  |  | — |  |  | 5,800 |  |  | 5.8
68th Kent |  | Kent, WA |  | April 13, 2021 |  | 2 |  |  | 67,120 |  |  | 10,000 |  |  | —
East Gish |  | San Jose, CA |  | April 22, 2021 |  | — |  |  | — |  |  | 8,004 |  |  | 2.2
Gramercy Place |  | Torrance, CA |  | May 12, 2021 |  | 1 |  |  | 17,407 |  |  | 6,290 |  |  | —
Occidental Avenue |  | Seattle, WA |  | May 12, 2021 |  | 3 |  |  | 51,853 |  |  | 16,450 |  |  | —
SW 16th Street |  | Renton, WA |  | June 14, 2021 |  | — |  |  | — |  |  | 7,615 |  |  | 2.9
Countyline #26 |  | Hialeah, FL |  | July 14, 2021 |  | 1 |  |  | 220,942 |  |  | 39,409 |  |  | —
13020 & 13030 Cerise |  | Hawthorne, CA |  | July 14, 2021 |  | 2 |  |  | 21,846 |  |  | 8,075 |  |  | —
1150 & 1250 W. Trenton Ave |  | Orange, CA |  | July 30, 2021 |  | 2 |  |  | 34,224 |  |  | 9,335 |  |  | —
MLK 9801 |  | Seattle, WA |  | August 11, 2021 |  | — |  |  | — |  |  | 11,900 |  |  | 3.1
MLK 9845 |  | Seattle, WA |  | August 11, 2021 |  | — |  |  | — |  |  | 15,750 |  |  | 3.4
MLK 9600 |  | Seattle, WA |  | August 11, 2021 |  | — |  |  | — |  |  | 22,350 |  |  | 5.2
Foley Street |  | Hayward, CA |  | August 26, 2021 |  | 2 |  |  | 40,504 |  |  | 8,250 |  |  | —
Paterson Plank III |  | Carlstadt, NJ |  | August 27, 2021 |  | — |  |  | — |  |  | 17,850 |  |  | 4.9
97 Third Street |  | Kearny, NJ |  | September 27, 2021 |  | — |  |  | — |  |  | 26,250 |  |  | 5.4
13025 Cerise |  | Hawthorne, CA |  | September 30, 2021 |  | 1 |  |  | 21,000 |  |  | 7,875 |  |  | —
Woodinville |  | Woodinville, WA |  | October 1, 2021 |  | 1 |  |  | 84,238 |  |  | 23,600 |  |  | —
190 Morgan |  | Brooklyn, NY |  | October 12, 2021 |  | 1 |  |  | 11,881 |  |  | 4,450 |  |  | —
San Pedro |  | Gardena, CA |  | October 15, 2021 |  | — |  |  | — |  |  | 8,800 |  |  | 2.0
228 North Avenue |  | Elizabeth, NJ |  | October 20, 2021 |  | 1 |  |  | 30,978 |  |  | 44,000 |  |  | —
Pickett |  | Alexandria, VA |  | October 29, 2021 |  | 1 |  |  | 27,683 |  |  | 9,000 |  |  | —
Berryessa |  | San Jose, CA |  | October 29, 2021 |  | — |  |  | — |  |  | 23,000 |  |  | 7.2
768 772 Ceres |  | Los Angeles, CA |  | November 18, 2021 |  | 2 |  |  | 16,887 |  |  | 7,661 |  |  | —
Tuxedo |  | Hyattsville, MD |  | November 23, 2021 |  | — |  |  | — |  |  | 8,000 |  |  | 2.9
Maple II |  | Rancho Dominguez, CA |  | November 30, 2021 |  | — |  |  | — |  |  | 13,800 |  |  | 2.3
Eisenhower |  | Alexandria, VA |  | December 10, 2021 |  | 3 |  |  | 199,396 |  |  | 60,750 |  |  | —
4501 46th Street |  | Bladensburg, MD |  | December 13, 2021 |  | — |  |  | — |  |  | 11,850 |  |  | 4.4
Countyline #27 & #28 |  | Hialeah, FL |  | December 15, 2021 |  | 2 |  |  | 401,906 |  |  | 74,142 |  |  | —
Woodinville II |  | Woodinville, WA |  | December 23, 2021 |  | 2 |  |  | 118,310 |  |  | 33,500 |  |  | —
Willows |  | Redmond, WA |  | December 27, 2021 |  | — |  |  | — |  |  | 3,500 |  |  | 0.8
Total/Weighted Average |  |  |  |  |  | 34 |  |  | 1,895,024 |  |  | $ | 657,345 |  |  | 52.5
1 Excludes intangible liabilities and mortgage premiums, if any. The total aggregate initial investment was approximately $682.0 million, including $12.6 million in capitalized closing costs and acquisition costs and $34.2 million in assumed intangible liabilities and $22.1 million in other credits related to near term capital expenditures at the Countyline #24 & #25, Countyline #26 and Countyline #27 & #28 properties. The following table sets forth the wholly-owned industrial properties the Company acquired during the year ended December 31, 2020:
Property Name |  | Location |  | Acquisition Date |  | Number of Buildings |  | Square Feet |  | Purchase Price (in thousands) 1 |  | Acreage
Old Bayshore |  | San Jose, CA |  | March 12, 2020 |  | — |  |  | — |  |  | $ | 11,784 |  |  | 2.7
Gladwick |  | Rancho Dominguez, CA |  | March 12, 2020 |  | 1 |  |  | 65,670 |  |  | 17,950 |  |  | —
84th Kent |  | Kent, WA |  | April 17, 2020 |  | — |  |  | — |  |  | 4,500 |  |  | 2.8
Hudson |  | Seattle, WA |  | May 31, 2020 |  | 1 |  |  | 13,000 |  |  | 5,611 |  |  | —
Starlite Street |  | South San Francisco, CA |  | July 10, 2020 |  | 1 |  |  | 22,275 |  |  | 6,300 |  |  | —
Aviation Blvd |  | Inglewood, CA |  | October 26, 2020 |  | — |  |  | — |  |  | 10,000 |  |  | 1.9
Porter Street |  | Los Angeles, CA |  | November 5, 2020 |  | 1 |  |  | 12,618 |  |  | 4,400 |  |  | —
SE 32nd Street |  | Bellevue, WA |  | November 6, 2020 |  | 1 |  |  | 38,883 |  |  | 11,737 |  |  | —
Maple Street |  | Rancho Dominguez, CA |  | December 5, 2020 |  | — |  |  | — |  |  | 9,750 |  |  | 2.5
E. Marginal |  | Tukwila, WA |  | December 30, 2020 |  | — |  |  | — |  |  | 6,625 |  |  | 2.1
McLaren |  | Irvine, CA |  | December 30, 2020 |  | 1 |  |  | 11,348 |  |  | 8,000 |  |  | —
Total/Weighted Average |  |  |  |  |  | 6 |  |  | 163,794 |  |  | $ | 96,657 |  |  | 12.0
1 Excludes intangible liabilities and mortgage premiums, if any. The total aggregate initial investment was approximately $100.4 million, including $1.6 million in capitalized closing costs and acquisition costs and $2.2 million in assumed intangible liabilities.

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