Portfolio Overview - The company's portfolio consists of 600 buildings across 41 states, totaling 1183 million square feet[9] - The total portfolio occupancy is 963%, with the operating portfolio at 970%[9] - The weighted average lease term is 42 years, with a weighted average rent of $579 per square foot[9] Financial Performance - For the three months ended June 30, 2025, rental income was $207438 thousand, compared to $186467 thousand for the same period in 2024[16] - Net income for the three months ended June 30, 2025, was $51063 thousand, compared to $61074 thousand for the same period in 2024[19] - Same Store Cash NOI increased by 30% to $145266 thousand for the three months ended June 30, 2025, compared to $140984 thousand for the same period in 2024[40] - Core FFO per share/unit - basic is $063 for the three months ended June 30, 2025, compared to $061 for the same period in 2024[22] Capital Structure and Debt - Net Debt to Annualized Run Rate Adjusted EBITDAre ratio is 51x[9] - Liquidity stands at $9612 million[53] - The company's unsecured credit facility has a committed balance of $10000 million, with a principal balance of $510 million and a Term SOFR + 0775% interest rate[56] Acquisitions and Dispositions - In the second quarter of 2025, the company acquired one property in Chicago, IL, with 183200 square feet for $18399 thousand, with a cash capitalization rate of 71%[27] - Disposed of one property in Calhoun, GA, with 151200 square feet for gross proceeds of $9100 thousand in the second quarter of 2025[33]