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Acquired Properties

3 Months Ended

Mar. 31, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Acquired Properties

Acquired Properties

There were no properties acquired during the three months ended March 31, 2025.

The following table reflects the retail property acquired, accounted for as an asset acquisition, during the three months ended March 31, 2024:

Month Acquired						Property						Metropolitan Area						Square Feet						Gross Acquisition Price						Intangible Assets						Intangible Liabilities						Assumption of Mortgage Debt
Feb-24						The Plant (a)						Phoenix, AZ						57						$	29,500					$	4,467					$	540					$	13,000

(a)The Company recognized a fair value adjustment of $410 related to the mortgage payable secured by the property.

Transaction costs of $108 were capitalized during the three months ended March 31, 2024.

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- Definition

The entire disclosure for 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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- References

No definition available.

+ Details

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