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Real Estate (Tables)
9 Months Ended
Sep. 30, 2025
Real Estate [Abstract]  
Summary of Acquisition Transactions The following table summarizes the acquisition ($ in thousands):
The Link
Closing Purchase Price$218,000 
Acquisition DateJuly 2025
Square Feet292,000 
MarketDallas
Purchase Price Allocation
Tangible assets
Operating properties$222,890 
Intangible and other assets
In-place leases (1)19,260 
Prepaid expenses48 
19,308 
Intangible and other liabilities
Below market leases (1)(21,409)
Accounts payable and other liabilities(5,775)
(27,184)
Total net assets acquired (2)$215,014 
(1) The intangible assets and liabilities will be amortized over a weighted average remaining lease term of 9.3 years from the acquisition date.
(2) Represents net purchase price, including acquisition costs of $280,000 as well as net operating liabilities of $3.3 million acquired through closing prorations.