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Organization, Ownership, and Basis of Presentation (Tables) | 3 Months Ended
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Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Real Estate Properties | Our stabilized portfolio of operating properties was comprised of the following properties at March 31, 2025:
| Number of Buildings |  | Rentable Square Feet |  | Number of Tenants |  | Percentage Occupied (1) |  |
Stabilized Office Properties (2) | 123 |  |  | 17,135,817 |  |  | 432 |  |  | 81.4 | % |  |
________________________ (1)Represents economic occupancy for space where we have achieved revenue recognition for the associated lease agreements. (2)Includes stabilized life science and retail space.
| Number of Properties |  | Number of Units |  | 2025 Average Occupancy
Stabilized Residential Properties | 3 |  |  | 1,001 |  |  | 95.2 | %
As of March 31, 2025, the following development and redevelopment properties were excluded from our stabilized portfolio:
| Number of Properties/Projects |  | Estimated Rentable Square Feet (1)
In-process development projects - tenant improvement | 1 |  | 875,000 |
In-process redevelopment projects - tenant improvement | 2 |  | 100,000 |
________________________ (1)Estimated rentable square feet upon completion.
Schedule of Consolidated Property Partnership Ownership Percentage |
Consolidated Property Partnership |  | Property Address |  | Ownership Interest (1)
100 First Street Member, LLC |  | 100 1st Street, San Francisco, CA 94105 |  | 56%
303 Second Street Member, LLC |  | 303 2nd Street, San Francisco, CA 94107 |  | 56%
Redwood City Partners, LLC |  | 900 Jefferson Avenue, Redwood City, CA 94063 |  | 93%
|  | 900 Middlefield Road, Redwood City, CA 94063 |  |
________________________ (1)The remaining interests in all three property partnerships were owned by unrelated third parties.

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