June 30, 2026

Gross
carrying
amount

Accumulated
amortization

Net carrying
amount

Weighted
average
amortization
period (years)

Intangible assets

In-place lease intangibles

$

65,084

$

(17,178

)

$

47,906

15.9

Above-market leases

120

(29

)

91

22.3

Other lease intangibles

1,377

(345

)

1,032

19.3

Total intangible assets

$

66,581

$

(17,552

)

$

49,029

16.0

Intangible liabilities

Below-market leases

$

8,679

$

(1,102

)

$

7,577

12.8

Total intangible liabilities

$

8,679

$

(1,102

)

$

7,577

12.8

December 31, 2025

Gross
carrying
amount

Accumulated
amortization

Net carrying
amount

Weighted
average
amortization
period (years)

Intangible assets

In-place lease intangibles

$

57,946

$

(15,195

)

$

42,751

15.9

Above-market leases

120

(26

)

94

22.3

Other lease intangibles

1,356

(309

)

1,047

19.3

Total intangible assets

$

59,422

$

(15,530

)

$

43,892

16.0

Intangible liabilities

Below-market leases

$

7,191

$

(797

)

$

6,394

12.2

Total intangible liabilities

$

7,191

$

(797

)

$

6,394

12.2