Record Leasing Activity and Acquisition Momentum
The first quarter of 2025 marked a strong start to the year with record leasing activity and positive acquisition momentum, facilitating long-term value creation and resilient cash flow.
Strong Liquidity and Financial Stability
Over 88% of debt is fixed with no debt maturities in 2025. The company has $415 million of availability from its credit facility and critical financial flexibility through the Sixth Street transaction.
Successful Tenant Negotiations
Successful negotiations on a three-year renewal in St. Louis and a leasing agreement with ODW in Columbus for up to 400,000 square feet.
Affirmation of Full Year 2025 Guidance
The company affirmed its previously issued full-year 2025 guidance for core FFO, expecting stronger performance in the second half of the year.