On May 15, 2025, we completed an underwritten public offering for the sale of 11,666,667 common units at a price of $15.00 per common unit resulting in proceeds of approximately $165.6 million net of underwriting discounts, commissions and other costs. On May 19, 2025, we completed the sale of an additional 1,750,000 common units at a price of $15.00 per common unit pursuant to the underwriter’s exercise in full of its option to purchase additional common units in the Offering, resulting in additional net proceeds of approximately $23.9 million, after deducting underwriting discounts, commissions and other costs. We used the net proceeds from the Offering to fund a portion of the cash consideration for the WRE Acquisition (Note 3).

On May 4, 2026, the board of directors of our general partner declared a cash distribution of $0.36 per common unit for the quarter ended March 31, 2026. The distribution will be paid on May 22, 2026, to unitholders of record on May 15, 2026.

Our fourth quarter distribution of $0.30 per unit with respect to cash available for distribution for the three months ended December 31, 2025, was paid on March 17, 2026.