v3.26.1
Investments in Real Estate, net - Schedule of Real Estate Acquisitions (Details)
ft² in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
ft²
Property
Dec. 31, 2024
USD ($)
ft²
Property
Real Estate [Line Items]    
Square Feet | ft² 19,700 8,300
Number of Properties 274  
Capitalized acquisition costs | $ $ 38,400 $ 11,700
2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 1,640,884 $ 1,117,507
Square Feet | ft² 11,001 6,555
Number of Properties 133 132
Various | Various Industrial Property 1 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 79,777  
Square Feet | ft² 1,153  
Number of Properties [1] 3  
Various | Various Industrial Property 2 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 27,742  
Square Feet | ft² 275  
Number of Properties [1] 3  
Various | Various Industrial Property 5 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 25,881  
Square Feet | ft² 83  
Number of Properties [1] 2  
Texas | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 1,500  
Michigan | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 55,924  
Square Feet | ft² 1,120  
Number of Properties [2] 1  
Industrial Properties    
Real Estate [Line Items]    
Number of Properties 112  
Industrial Properties | 2025 Acquired Properties    
Real Estate [Line Items]    
Number of assets acquired 25  
Purchase Price | $ $ 992,162 $ 960,949
Square Feet | ft² 8,395 6,226
Number of Properties 25 83
Industrial Properties | Various Industrial Property 1    
Real Estate [Line Items]    
Number of Properties 27  
Industrial Properties | Various Industrial Property 2    
Real Estate [Line Items]    
Number of Properties 22  
Industrial Properties | Various Industrial Property 3    
Real Estate [Line Items]    
Number of Properties 2  
Industrial Properties | Various Industrial Property 4    
Real Estate [Line Items]    
Number of Properties 3  
Industrial Properties | Various Industrial Property 5    
Real Estate [Line Items]    
Number of Properties 2  
Industrial Properties | Various Industrial Property 6    
Real Estate [Line Items]    
Number of Properties 16  
Industrial Properties | Various Industrial Property 7    
Real Estate [Line Items]    
Number of Properties 2  
Industrial Properties | Various Industrial Property 8    
Real Estate [Line Items]    
Number of Properties 3  
Industrial Properties | Pennsylvania | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 21,897
Square Feet | ft²   242
Number of Properties   1
Industrial Properties | Various    
Real Estate [Line Items]    
Number of Properties 2  
Industrial Properties | Various | Various Industrial Property 1 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 145,945 $ 25,415
Square Feet | ft² 1,773 401
Number of Properties 2 [1],[2] 2 [3]
Industrial Properties | Various | Various Industrial Property 2 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 133,859
Square Feet | ft²   1,094
Number of Properties [3]   27
Industrial Properties | Various | Various Industrial Property 3 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 34,691 $ 173,477
Square Feet | ft² 458 1,331
Number of Properties 2 [1],[2] 22 [3]
Industrial Properties | Various | Various Industrial Property 4 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 326,064 $ 9,855
Square Feet | ft² 1,378 137
Number of Properties 4 2 [3]
Industrial Properties | Various | Various Industrial Property 5 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 206,923
Square Feet | ft²   786
Number of Properties [3]   3
Industrial Properties | Various | Various Industrial Property 6 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 80,179
Square Feet | ft²   567
Number of Properties [3]   2
Industrial Properties | Various | Various Industrial Property 7 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 132,354
Square Feet | ft²   847
Number of Properties [3]   16
Industrial Properties | Various | Various Industrial Property 8 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 101,796
Square Feet | ft²   224
Number of Properties [3]   2
Industrial Properties | Utah    
Real Estate [Line Items]    
Number of Properties 3  
Industrial Properties | Utah | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 45,619
Square Feet | ft²   254
Number of Properties [3]   3
Industrial Properties | North Carolina    
Real Estate [Line Items]    
Number of Properties 3  
Industrial Properties | North Carolina | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 164,669  
Square Feet | ft² 407  
Number of Properties 3  
Industrial Properties | Georgia    
Real Estate [Line Items]    
Number of Properties 3  
Industrial Properties | Georgia | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 29,575
Square Feet | ft²   343
Number of Properties [3]   3
Industrial Properties | Illinois    
Real Estate [Line Items]    
Number of Properties 1  
Industrial Properties | Illinois | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 21,290  
Square Feet | ft² 164  
Number of Properties 1  
Industrial Properties | Missouri    
Real Estate [Line Items]    
Number of Properties 1  
Industrial Properties | Missouri | Various Industrial Property 1 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 95,138  
Square Feet | ft² 1,414  
Number of Properties [1] 3  
Industrial Properties | Wisconsin    
Real Estate [Line Items]    
Number of Properties 1  
Industrial Properties | Florida    
Real Estate [Line Items]    
Number of Properties 1  
Industrial Properties | Florida | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 15,041  
Square Feet | ft² 170  
Number of Properties 1  
Industrial Properties | Michigan    
Real Estate [Line Items]    
Number of Properties 1  
Retail Properties    
Real Estate [Line Items]    
Number of Properties 153  
Retail Properties | 2025 Acquired Properties    
Real Estate [Line Items]    
Number of assets acquired 104  
Purchase Price | $ $ 323,739 $ 156,558
Square Feet | ft² 600 329
Number of Properties 104 49
Retail Properties | Pennsylvania    
Real Estate [Line Items]    
Number of Properties 2  
Retail Properties | Pennsylvania | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 5,703
Square Feet | ft²   7
Number of Properties [3]   2
Retail Properties | Various | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 72,941  
Square Feet | ft² 108  
Number of Properties [1] 30  
Retail Properties | Various | Various Industrial Property 1    
Real Estate [Line Items]    
Number of Properties 30  
Retail Properties | Various | Various Industrial Property 2    
Real Estate [Line Items]    
Number of Properties 18  
Retail Properties | Various | Various Industrial Property 6 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 60,217  
Square Feet | ft² 84  
Number of Properties [1] 18  
Retail Properties | Connecticut    
Real Estate [Line Items]    
Number of Properties 1  
Retail Properties | Connecticut | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 3,872  
Square Feet | ft² 10  
Number of Properties 1  
Retail Properties | Washington | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 26,982  
Square Feet | ft² 40  
Number of Properties [1] 5  
Retail Properties | Washington | Washington Retail Site 1    
Real Estate [Line Items]    
Number of Properties 6  
Retail Properties | Washington | Washington Retail Site 1 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 15,283
Square Feet | ft²   25
Number of Properties [3]   6
Retail Properties | Washington | Washington Retail Site 2    
Real Estate [Line Items]    
Number of Properties 7  
Retail Properties | Washington | Washington Retail Site 2 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 16,034
Square Feet | ft²   35
Number of Properties [3]   2
Retail Properties | Kentucky | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 9,975 $ 12,241
Square Feet | ft² 31 25
Number of Properties 1 7 [3]
Retail Properties | New Hampshire    
Real Estate [Line Items]    
Number of Properties 4  
Retail Properties | New Hampshire | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 7,894
Square Feet | ft²   20
Number of Properties [3]   4
Retail Properties | Illinois    
Real Estate [Line Items]    
Number of Properties 3  
Retail Properties | Illinois | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 6,922
Square Feet | ft²   21
Number of Properties [3]   3
Retail Properties | Missouri    
Real Estate [Line Items]    
Number of Properties 26  
Retail Properties | Missouri | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 60,022  
Square Feet | ft² 146  
Number of Properties [1] 26  
Retail Properties | Alabama | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 19,777 $ 8,143
Square Feet | ft² 34 38
Number of Properties 6 [1] 4 [3]
Retail Properties | Texas    
Real Estate [Line Items]    
Number of Properties 8  
Retail Properties | Texas | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 35,982  
Square Feet | ft² 98  
Number of Properties [1] 8  
Retail Properties | Ohio    
Real Estate [Line Items]    
Number of Properties 4  
Retail Properties | Ohio | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 13,942  
Square Feet | ft² 27  
Number of Properties [1] 4  
Retail Properties | Arizona    
Real Estate [Line Items]    
Number of Properties 4  
Retail Properties | Arizona | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 17,724  
Square Feet | ft² 18  
Number of Properties [1] 4  
Retail Properties | Louisiana    
Real Estate [Line Items]    
Number of Properties 5  
Retail Properties | Louisiana | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 13,509
Square Feet | ft²   30
Number of Properties [3]   5
Retail Properties | South Carolina    
Real Estate [Line Items]    
Number of Properties 1  
Retail Properties | South Carolina | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 2,727
Square Feet | ft²   7
Number of Properties   1
Retail Properties | Florida | Florida Retail Site 1    
Real Estate [Line Items]    
Number of Properties 3  
Retail Properties | Florida | Florida Retail Site 1 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 9,911
Square Feet | ft²   19
Number of Properties [3]   3
Retail Properties | Florida | Florida Retail Site 2    
Real Estate [Line Items]    
Number of Properties 2  
Retail Properties | Florida | Florida Retail Site 2 | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 15,472
Square Feet | ft²   23
Number of Properties [3]   2
Retail Properties | Michigan    
Real Estate [Line Items]    
Number of Properties 3  
Retail Properties | Michigan | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 2,305 $ 4,959
Square Feet | ft² 4 7
Number of Properties 1 [1] 2 [3]
Retail Properties | New Jersey    
Real Estate [Line Items]    
Number of Properties 3  
Retail Properties | New Jersey | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 12,937
Square Feet | ft²   25
Number of Properties [3]   3
Retail Properties | Minnesota    
Real Estate [Line Items]    
Number of Properties 1  
Retail Properties | Minnesota | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 6,731
Square Feet | ft²   18
Number of Properties   1
Retail Properties | West Virginia    
Real Estate [Line Items]    
Number of Properties 4  
Retail Properties | West Virginia | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $   $ 18,092
Square Feet | ft²   29
Number of Properties [3]   4
Office Properties | 2025 Acquired Properties    
Real Estate [Line Items]    
Number of assets acquired 4  
Purchase Price | $ $ 324,983  
Square Feet | ft² 2,006  
Number of Properties 4  
Office Properties | Georgia | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 93,496  
Square Feet | ft² 310  
Number of Properties 1  
Office Properties | Ohio | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 196,450  
Square Feet | ft² 1,609  
Number of Properties [2] 2  
Office Properties | Wisconsin | 2025 Acquired Properties    
Real Estate [Line Items]    
Purchase Price | $ $ 35,037  
Square Feet | ft² 87  
Number of Properties 1  
[1]

(1) Properties subject to master lease agreement.
[2]

(2) Properties acquired from an affiliate of the Adviser.
[3]

(1) Properties subject to master lease agreement.