Real Estate Investments |
6 Months Ended |
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Jun. 30, 2025 | |
| Real Estate [Abstract] | |
| Real Estate Investments | Real Estate Investments 2025 Real Estate Investment Acquisitions Middletown Medical Portfolio In February 2025, the Company acquired a portfolio of three outpatient medical buildings in New York for $17 million. 100 Smith Land Parcel In February 2025, the Company acquired a lab land parcel in Cambridge, Massachusetts for $20 million. 2024 Real Estate Investment Acquisitions The Merger As a result of the Merger, the Company acquired 299 outpatient medical buildings (see Note 3). Development Activities The Company’s commitments, which are primarily related to development and redevelopment projects and Company-owned tenant improvements, increased by $42 million to $326 million at June 30, 2025, when compared to December 31, 2024, primarily as a result of commitments on projects placed into development and redevelopment during the first half of 2025, partially offset by construction spend on projects in development and redevelopment.
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