v3.26.3
Investments in Properties (Tables)
9 Months Ended
Sep. 30, 2026
Investments in Properties  
Schedule of Investments in Properties

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A summary of our Investments in properties, net is below (in thousands):

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Property Type

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As of September 30, 2026

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As of December 31, 2025

Land

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$

1,343,430

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​

$

1,247,624

Acquired ground lease

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​

94

​

​

​

97

Buildings and improvements

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32,055,762

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​

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29,152,994

Tenant improvements

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​

1,000,441

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​

​

958,583

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​

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34,399,727

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​

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31,359,298

Accumulated depreciation and amortization

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​

(11,150,810)

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​

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(9,993,596)

Investments in operating properties, net

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23,248,917

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​

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21,365,702

Construction in progress and space held for development

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​

10,634,707

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​

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4,976,785

Land held for future development

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​

769,433

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​

​

91,130

Investments in properties, net

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$

34,653,057

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$

26,433,617