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REAL ESTATE ACQUISITIONS - Purchase price allocation (Details) $ in Thousands | Jun. 30, 2026 USD ($) | Apr. 30, 2026 USD ($) | Jan. 29, 2026 USD ($) | Dec. 31, 2025 USD ($)
--- | --- | --- | --- | ---
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset | $ 25,717 |  |  | $ 25,501
Real Estate Acquisitions in 2026 |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total | 57,921 |  |  |
Real Estate Acquisitions in 2026 | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset | 4,989 |  |  |
Intangible Lease Liability | (1,310) |  |  |
Real Estate Acquisitions in 2026 | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property | 8,437 |  |  |
Real Estate Acquisitions in 2026 | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property | $ 45,805 |  |  |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Greensboro, North Carolina |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 7,738 |
Market capitalization rate |  |  | 0.0575 |
Discount rate |  |  | 0.0725 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Greensboro, North Carolina | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 859 |
Intangible Lease Liability |  |  | (263) |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Greensboro, North Carolina | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 871 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Greensboro, North Carolina | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 6,271 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, West Columbia, South Carolina |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 6,633 |
Market capitalization rate |  |  | 0.0575 |
Discount rate |  |  | 0.0725 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, West Columbia, South Carolina | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 805 |
Intangible Lease Liability |  |  | (304) |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, West Columbia, South Carolina | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 501 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, West Columbia, South Carolina | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 5,631 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Omaha, Nebraska |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 6,938 |
Market capitalization rate |  |  | 0.0625 |
Discount rate |  |  | 0.0775 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Omaha, Nebraska | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 897 |
Intangible Lease Liability |  |  | (385) |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Omaha, Nebraska | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 1,707 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Omaha, Nebraska | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 4,719 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Birmingham, Alabama |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 5,645 |
Market capitalization rate |  |  | 0.0575 |
Discount rate |  |  | 0.0725 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Birmingham, Alabama | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 188 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Birmingham, Alabama | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 698 |
Real Estate Acquisitions in 2026 | Mondelez Global LLC, Birmingham, Alabama | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 4,759 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Oklahoma City, Oklahoma |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 2,840 |
Market capitalization rate |  |  | 0.0675 |
Discount rate |  |  | 0.0825 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Oklahoma City, Oklahoma | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 358 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Oklahoma City, Oklahoma | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 618 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Oklahoma City, Oklahoma | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 1,864 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Spanish Fork, Utah |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 4,048 |
Market capitalization rate |  |  | 0.0575 |
Discount rate |  |  | 0.0725 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Spanish Fork, Utah | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 463 |
Intangible Lease Liability |  |  | (231) |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Spanish Fork, Utah | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 1,432 |
Real Estate Acquisitions in 2026 | ABC Supply Interiors, Inc., Spanish Fork, Utah | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 2,384 |
Real Estate Acquisitions in 2026 | Husqvarna U.S. Holding, Inc., Blythewood, South Carolina |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 15,539 |
Market capitalization rate |  |  | 0.0575 |
Discount rate |  |  | 0.0725 |
Real Estate Acquisitions in 2026 | Husqvarna U.S. Holding, Inc., Blythewood, South Carolina | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 206 |
Real Estate Acquisitions in 2026 | Husqvarna U.S. Holding, Inc., Blythewood, South Carolina | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 526 |
Real Estate Acquisitions in 2026 | Husqvarna U.S. Holding, Inc., Blythewood, South Carolina | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 14,807 |
Real Estate Acquisitions in 2026 | Bimbo Bakeries, Inc., Richland, Mississippi |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 2,139 |
Market capitalization rate |  |  | 0.09 |
Discount rate |  |  | 0.105 |
Real Estate Acquisitions in 2026 | Bimbo Bakeries, Inc., Richland, Mississippi | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 329 |
Real Estate Acquisitions in 2026 | Bimbo Bakeries, Inc., Richland, Mississippi | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 578 |
Real Estate Acquisitions in 2026 | Bimbo Bakeries, Inc., Richland, Mississippi | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 1,232 |
Real Estate Acquisitions in 2026 | HABE USA, Inc., Richland, Mississippi |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 2,033 |
Market capitalization rate |  |  | 0.09 |
Discount rate |  |  | 0.105 |
Real Estate Acquisitions in 2026 | HABE USA, Inc., Richland, Mississippi | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 341 |
Intangible Lease Liability |  |  | (70) |
Real Estate Acquisitions in 2026 | HABE USA, Inc., Richland, Mississippi | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 279 |
Real Estate Acquisitions in 2026 | HABE USA, Inc., Richland, Mississippi | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 1,483 |
Real Estate Acquisitions in 2026 | Owens & Minor Distribution, Inc., Richland, Mississippi |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  |  | $ 3,534 |
Market capitalization rate |  |  | 0.0875 |
Discount rate |  |  | 0.1025 |
Real Estate Acquisitions in 2026 | Owens & Minor Distribution, Inc., Richland, Mississippi | Lease Intangible |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Intangible Lease Asset |  |  | $ 543 |
Intangible Lease Liability |  |  | (57) |
Real Estate Acquisitions in 2026 | Owens & Minor Distribution, Inc., Richland, Mississippi | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | 435 |
Real Estate Acquisitions in 2026 | Owens & Minor Distribution, Inc., Richland, Mississippi | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  |  | $ 2,613 |
Real Estate Acquisitions in 2026 | Land and improvements, Blythewood, South Carolina |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Total |  | $ 834 |  |
Real Estate Acquisitions in 2026 | Land and improvements, Blythewood, South Carolina | Land |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  | 792 |  |
Real Estate Acquisitions in 2026 | Land and improvements, Blythewood, South Carolina | Building & Improvements |  |  |  |
REAL ESTATE ACQUISITIONS |  |  |  |
Acquired property |  | $ 42 |  |

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