v3.25.2
Investments in Real Estate, net - Purchase Price Allocation (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Real Estate [Line Items]    
Acquisition value $ 402,885 $ 87,858
Q2 2025 Acquisitions    
Real Estate [Line Items]    
Below-market lease (5,250)  
Total purchase price 453,885  
Assumed Borrowings (51,000)  
Net purchase price 402,885  
Q2 2025 Acquisitions | Building and building improvements    
Real Estate [Line Items]    
Acquisition value 280,449  
Q2 2025 Acquisitions | Land and land improvements    
Real Estate [Line Items]    
Acquisition value 77,043  
Q2 2025 Acquisitions | Site improvements    
Real Estate [Line Items]    
Acquisition value 31,732  
Q2 2025 Acquisitions | In-place leases    
Real Estate [Line Items]    
Intangible assets 32,786  
Q2 2025 Acquisitions | Leasing commissions    
Real Estate [Line Items]    
Acquisition value 11,139  
Q2 2025 Acquisitions | Above-market lease    
Real Estate [Line Items]    
Acquisition value $ 25,986  
Q2 2024 Acquisitions    
Real Estate [Line Items]    
Below-market lease   (17,281)
Total purchase price   148,026
Assumed Borrowings   (58,667)
Net purchase price   89,359
Q2 2024 Acquisitions | Building and building improvements    
Real Estate [Line Items]    
Acquisition value   17,996
Q2 2024 Acquisitions | Land and land improvements    
Real Estate [Line Items]    
Acquisition value   98,603
Q2 2024 Acquisitions | Site improvements    
Real Estate [Line Items]    
Acquisition value   9,651
Q2 2024 Acquisitions | In-place leases    
Real Estate [Line Items]    
Intangible assets   31,652
Q2 2024 Acquisitions | Leasing commissions    
Real Estate [Line Items]    
Acquisition value   2,905
Q2 2024 Acquisitions | Above-market lease    
Real Estate [Line Items]    
Acquisition value   $ 4,500