v3.25.4
Investments in Real Estate - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
Assets:  
Land $ 1,020,690
Buildings and improvements 424,579
Tenant improvements 4,818
Acquired lease intangible assets 103,795
Other acquired assets 2,033
Total assets acquired 1,555,915
Liabilities:  
Acquired lease intangible liabilities 32,119
Other assumed liabilities 17,803
Total liabilities assumed 49,922
Net assets acquired $ 1,505,993
Below Market Lease, Weighted Average Useful Life 11 years 8 months 12 days
In-place Lease Intangibles  
Liabilities:  
Finite-Lived Intangible Asset, Acquired-in-Place Leases $ 77,000
Amortization period of acquired intangible assets 4 years 7 months 6 days
Above-market tenant leases  
Liabilities:  
Finite-Lived Intangible Asset, Off-market Lease, Favorable, Gross $ 26,800
Amortization period of acquired intangible assets 4 years 2 months 12 days