Acquisitions (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Amounts of Identified Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the recognized amounts of identified assets acquired and liabilities assumed at the acquisition date:


Land	$	12,902
Building and improvements		22,477
In-place leases (1)		7,327
Intangible lease assets and other assets:
Above-market leases (1)		3,418
Accounts payable and accrued liabilities:
Below-market leases (1)		(2,363	)
Total	$	43,761

(1)

At the acquisition date, the weighted average amortization period of the acquired intangible assets and liabilities was 4.5 years for in-place leases, 2.6 years for above-market leases and 4.6 years for below-market leases.

The following table summarizes the recognized amounts of identified assets acquired and liabilities assumed at the acquisition date as of September 30, 2025:


Land	$	35,489
Building and improvements		119,884
In-place leases (1)		22,545
Intangible lease assets and other assets:
Above-market leases (1)		9,416
Deferred lease costs (1)		6,232
Assumed working capital assets as of the acquisition date		2,352
Accounts payable and accrued liabilities:
Below-market leases (1)		(13,825	)
Assumed working capital liabilities as of the acquisition date		(5,078	)
Total	$	177,015

(1) At the acquisition date, the weighted average amortization period of the acquired intangible assets and liabilities was 8.1 years for in-place leases, 4.5 years for above-market leases, 12.3 years for deferred lease costs and 16.2 years for below-market leases.