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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Operating Property Acquisitions | During the nine months ended September 30, 2025, we acquired the operating property listed below from an unrelated third party:
Property |  | Date of Acquisition |  | Number of Buildings |  | Rentable Square Feet |  | Purchase Price (in millions) (1)
335-345 N. Maple Drive (Maple Plaza) |  | September 9, 2025 |  | 1 |  | 306,366 |  | $ | 205.3 |
________________________ (1)Excludes acquisition-related costs and purchase price credits.
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the estimated relative fair values of the assets acquired and liabilities assumed as of the date of acquisition, excluding acquisition-related costs:
| Total 2025 Operating Property Acquisitions (1)
| (in thousands)
Assets |
Land and improvements | $ | 28,921 |
Buildings and improvements (2) | 143,833 |
Deferred leasing costs and acquisition-related intangible assets (3) | 31,865 |
Total assets acquired | $ | 204,619 |
Liabilities |
Acquisition-related intangible liabilities (4) | $ | 82 |
Total liabilities assumed | $ | 82 |
Net assets and liabilities acquired | $ | 204,537 |
________________________ (1)Represents purchase price net of credits. Excludes acquisition-related costs of $0.5 million. (2)Represents buildings, building improvements, and tenant improvements. (3)Represents in-place leases (approximately $28.7 million with a weighted average amortization period of 4.2 years) and above-market leases (approximately $3.2 million with a weighted average amortization period of 4.8 years). (4)Represents below-market leases (approximately $0.1 million with a weighted average amortization period of 1.4 years).

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- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 50 -Name Accounting Standards Codification -Section 15 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480123/805-50-15-3 + Details
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- Definition Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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