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Midas Edge

Terreno Realty Corp

For the period ended Dec 31, 2024. Filed Feb 5, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 5, 2025

TRNO$67.03-0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Schedule III – Real Estate Investments and Accumulated Depreciation

Schedule III

Real Estate Investments and Accumulated Depreciation

As of December 31, 2024

Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
Los Angeles
104th Street1Los Angeles, CA$—$3,701$976$175$3,701$1,151$4,852$21520171951
5401 West 104th St1Los Angeles, CA—15,7211,46316415,7211,62717,3489920221951
139th Street—Carson, CA——15,783340—16,12316,1239,15020171965/2003
630 Glasgow1Inglewood, CA—2,2451,8558462,2452,7014,9461,04420111988
747 Glasgow1Inglewood, CA—1,7591,5554751,7592,0303,78976520141981
1150 & 1250 W. Trenton Ave2Orange, CA—7,4912,488—7,4912,4889,97923720211980 & 1971
13020 & 13030 Cerise2Hawthorne, CA—6,9861,3712,0026,9863,37310,35924020211956 & 1958
13025 Cerise1Hawthorne, CA—6,8641,3301036,8641,4338,29712520211955
1201 Foothill Boulevard1Azusa, CA—3,09194113,0919424,0331720241987
1335 Foothill Boulevard1Azusa, CA—3,3682,7741393,3682,9136,2814620241987
1355-1365 Foothill Boulevard1Azusa, CA—5,1452,7291515,1452,8808,0254720241987
16009-16019 Foothill Boulevard1Irwindale, CA—4,9832,512594,9832,5717,5544320241985
16033-16037 Foothill Boulevard1Irwindale, CA—4,0752,567594,0752,6266,7014420241985
16057-16059 Foothill Boulevard1Irwindale, CA—3,9822,297593,9822,3566,3383920241985
14611 Broadway1Gardena, CA—4,7571,2431,6124,7572,8557,6121,59520131962
4857 W 147th St1Hawthorne, CA—6,1858,8178466,1859,66315,8483120221967
3660 Fee Ana—Anaheim, CA—14,2131,1471,21114,2132,35816,57123620221966/1993
19601 Hamilton1Torrance, CA—7,4094,0721,8827,4095,95413,3632,39420111985
735-751 Todd Avenue1Azusa, CA—6,1761,478766,1761,5547,7302520241987
8320-8400 Isis Avenue1Los Angeles, CA—14,9633,42923014,9633,65918,62226420221979
332 Hindry Avenue1Inglewood, CA—6,9772,8004126,9773,21210,18922720221983
709 Hindry1Inglewood, CA—2,1052,9726632,1053,6355,74087220161984
Acacia1Compton, CA—5,1431,9855115,1432,4967,63963320171972
Anderson5Los Angeles, CA—17,0951,2715,33017,0956,60123,6961,00920191912-1987
Aviation—Inglewood, CA—9,5444981,6859,5442,18311,72729220202013
Ceres Ave2Los Angeles, CA—4,8252,8331074,8252,9407,76525020212015
Dominguez—Los Angeles, CA—11,3701,5353,59711,3705,13216,5021,5062017
3091 East Coronado St—Anaheim, CA—7,1404642397,1407037,84310920222017
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
Garfield5Commerce, CA—27,53922,6947,50727,53930,20157,74012,28420122002
Gladwick1Rancho Dominguez, CA—11,6365,99834111,6366,33917,97593220202009
Gramercy Place1Torrance, CA—4,8461,5034554,8461,9586,80427020212015
Hawthorne8Hawthorne, CA—17,22610,0693,10317,22613,17230,3982,98720171952/1986
Las Hermanas1Compton, CA—3,3307518883,3301,6394,96981120141970
Lynwood3Lynwood, CA—43,885——43,885—43,885—20171988
McLaren1Irvine, CA—7,459668—7,4596688,1279620201982
Manhattan Beach1Redondo Beach, CA—7,8745,6411,9367,8747,57715,4512,59320121963/1970
Maple—Rancho Dominguez, CA—9,3716077459,3711,35210,72333620201978
Maple II—Rancho Dominguez, CA—14,10218349514,10267814,7802732021
Maple III—Rancho Dominguez, CA—24,7281,6372,01624,7283,65328,38142022
Porter1Los Angeles, CA—3,791399853,7914844,2754720201911 & 1968
San Pedro—Gardena, CA—7,5981,5233607,5981,8839,4813052021
Santa Fe2Redondo Beach, CA—37,0495,5608737,0495,64742,69619220231968
Shoemaker—Santa Fe Springs, CA—4,7591,0992814,7591,3806,13935520181986/1997
Slauson—Santa Fe Springs, CA—4,6796979724,6791,6696,34836220191967/1973
19500 South Alameda St—Rancho Dominguez, CA—30,1762,36429230,1762,65632,83220120221982/1985
South Main2Carson, CA—16,3717,04517,45216,37124,49740,8689,4642012/20142016
South Main III1Gardena, CA—11,52112,4671,07911,52113,54625,0672,94220172016
Telegraph Springs2Santa Fe Springs, CA—7,0637,2367477,0637,98315,0461,87320172007
Vermont1Torrance, CA—10,1737,1051,33810,1738,44318,6161,56320181978
Walnut II1Compton, CA—6,0975,0699866,0976,05512,1521,36620181969
New York City/Northern New Jersey
17 Madison1Fairfield, NJ—9741,6478029742,4493,4231,01120131979
144-02 158th Street1Jamaica, Queens, NY—11,1754,53319911,1754,73215,9077220241981
145-07 156th Street1Jamaica, Queens, NY—1,40873061,4087362,1441120241963
145-20 157th Street1Jamaica, Queens, NY—14,5987,7078314,5987,79022,38812120241969
145-45 156th Street1Jamaica, Queens, NY—7,9093,968—7,9093,96811,8776220241981
149-39 Guy R. Brewer Boulevard1Jamaica, Queens, NY—3,6032,12713,6032,1285,7313320241966
149-40 182nd Street1Jamaica, Queens, NY—4,0661,450104,0661,4605,5262320241989
154-09 146th Avenue1Jamaica, Queens, NY—9,4781,782199,4781,80111,2792920241994
156-15 146th Avenue1Jamaica, Queens, NY—1,675226931,6753191,994720241983
179-02 150th Avenue1Jamaica, Queens, NY—17,8378,625917,8378,63426,47113520241970
179-15 149th Road1Jamaica, Queens, NY—3,8941,38213,8941,3835,2772220241969
182-09 149th Road1Jamaica, Queens, NY—10,3504,0423010,3504,07214,4226420241982
182-17 150th Avenue1Jamaica, Queens, NY—25,2742,84127525,2743,11628,3904820241984
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
181 Lombardy1Brooklyn, NY—9,1242,9864359,1243,42112,5456420241940
195 Anderson Avenue1Moonachie, NJ—3,5771,336—3,5771,3364,9132220241968
1C Terminal Way1Avenel, NJ—8,6712,6192528,6712,87111,5424320241966
2AB Terminal Way1Avenel, NJ—11,77810,5311711,77810,54822,32616820241970
2C Terminal Way1Avenel, NJ—6,4665,208106,4665,21811,6848320241966
22 Madison1Fairfield, NJ—1,3651,6071,2091,3652,8164,18179920151979
280 Richards Street1Red Hook, Brooklyn, NY72,87986,44679,653—86,44679,653166,0998320242021
48th 3rd and 286 Central1Kearny, NJ—12,0611,6641,76812,0613,43215,49352920191978/1983
48-29 31st Pl1Long Island City, Queens, NY—5,7501,946815,7502,0277,777220241965
49-15 Maspeth Ave1Maspeth, Queens, NY—42,5607,258—42,5607,25849,818720241966
4AB Engelhard1Avenel, NJ—13,1648,8941613,1648,91022,07414220241966
8AB Engelhard1Avenel, NJ—11,68810,76390011,68811,66323,35118120241966
9th Street1Long Island City, NY—18,4105,1165,27118,41010,38728,79773420231939
49th Street1Queens, NY—21,6742,9991,43521,6744,43426,1081,42320191966
50 Kero2Carlstadt, NJ—10,3433,8764,55810,3438,43418,7772,26820171970
51 Kero—Carlstadt, NJ—3,2365896193,2361,2084,44411120191956-1966
74th North Bergen1North Bergen, NJ—2,9331,8171,2042,9333,0215,9541,03220161973
81 N. Hackensack—Kearny, NJ—25,901—1,26325,9011,26327,1644652019
85 Doremus—Newark, NJ—5,918513265,9185396,4571222018
87 Doremus—Newark, NJ—21,59555076421,5951,31422,909682022N/A
127 Doremus—Newark, NJ—12,11143052012,11195013,0611272022N/A
97 Third Street—Kearny, NJ—25,5801,5661,69025,5803,25628,83660020211970
190 Morgan1Brooklyn, NY—4,3632491,1374,3631,3865,74924620211969
341 Michele1Carlstadt, NJ—2,3724,7981,3122,3726,1108,4822,10720131973
422 Frelinghuysen—Newark, NJ—7,682—3,1367,6823,13610,8189772017
465 Meadow1Carlstadt, NJ—7131,6183467131,9642,67760820131972
550 Delancy1Newark, NJ—9,2304,8552,4009,2307,25516,4852,83720131987
620 Division1Elizabeth, NJ—6,4913,5687,7466,49111,31417,8054,66420111980
629 Henry1Elizabeth, NJ—13,7341,69039413,7342,08415,81817420222004
900 Hart1Piscataway, NJ—3,2023,8661,9513,2025,8179,0192,09420141983
901 North—Elizabeth, NJ—8,0359131,1008,0352,01310,04887220162016
228 North Ave1Elizabeth, NJ—40,6715,2181,68340,6716,90147,57288420211975
256 Patterson Plank1Carlstadt, NJ—9,4781,2841,7669,4783,05012,52846820211960
293 Roanoke Avenue—Newark, NJ—11,3952,21739811,3952,61514,0103132022N/A
Avenue A4Carlstadt, NJ—7,5164,6601,6427,5166,30213,8181,88720171951/1957
Belleville1Kearny, NJ—12,84518,0411,84712,84519,88832,7336,98420112006
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
Commerce1Carlstadt, NJ—1,6561,5444431,6561,9873,64336020181969
Dell1Carlstadt, NJ—6,6417718886,6411,6598,30064220111972
Ethel2Piscataway, NJ—2,7483,8012,6672,7486,4689,2162,26220131981/1984
Interstate2South Brunswick, NJ—13,68612,13513,92313,68626,05839,74410,1052010/20131999/2014
JFK Airgate4Queens, NY—18,28232,9339,60518,28242,53860,82015,57320131986/1991
Manor1East Rutherford, NJ—4,0765,2623,8274,0769,08913,1652,40520151968
Morgan2Brooklyn, NY—71,05110,8887,32071,05118,20889,2593,50820191960/1980 & 1967
New Dutch1Fairfield, NJ—4,7732,004—4,7732,0046,77755120171976
Paterson Plank1Carlstadt, NJ—4,1274551,4724,1271,9276,05439320161998
Stockton—Newark, NJ—12,3271,28253612,3271,81814,1458432017
Terminal Way2Avenel, NJ—3,5373,5981,3503,5374,9488,4851,61520141950/1968
Van Dyke1Red Hook, Brooklyn, NY—21,1703,2005,30321,1708,50329,67321820231921
Whelan1East Rutherford, NJ—6,3665,7046166,3666,32012,6861,13720192005
Wilson1Newark, NJ—2,0164841,0012,0161,4853,50160920161970
Woodside1Queens, NY—23,9873,7964,10723,9877,90331,8902,05620182018
San Francisco Bay Area
1200-1220 San Mateo Avenue1South San Francisco, CA—24,4887,1261,61524,4888,74133,22912820241972
20th Street1Oakland, CA—18,0926,7302,01118,0928,74126,8331,60020191970 & 2003
20269-20281 Mack Street1Hayward, CA—8,7582,39598,7582,40411,1624320241977
238/242 Lawrence2South San Francisco, CA—6,6742,6552,5346,6745,18911,8632,46620101986
240 Littlefield1South San Francisco, CA—5,1073,2932,8625,1076,15511,2621,97620132013
299 Lawrence1South San Francisco, CA—1,3521,1986001,3521,7983,15084020101968
3528 Arden Road1Hayward, CA—15,27210,1002615,27210,12625,39816820241999
631 Brennan1San Jose, CA—1,9322,2451,0601,9323,3055,2371,31120121975
3660 Thomas Road1Santa Clara, CA—43,05313,8871,65243,05315,53958,5921,24720221973
Ahern2Union City, CA—3,2462,7492,2203,2464,9698,2152,09520101986
Berryessa—San Jose, CA—23,0572,57482723,0573,40126,4582332021
Burroughs3San Leandro, CA—5,4007,0921,7365,4008,82814,2282,98620141966
Caribbean3Sunnyvale, CA—17,48314,4934,35917,48318,85236,3356,68920121980/1981
Carlton Court1South San Francisco, CA—2,0361,4758542,0362,3294,36579020121981
Clawiter1Hayward, CA—5,9641,1591895,9641,3487,31242720111967
East Gish—San Jose, CA—6,75972626,7597287,4879220211959
Edison3San Leandro, CA—14,7972,8063,38614,7976,19220,98976620211975
Foley Street2Hayward, CA—5,0233,2816775,0233,9588,98145120211976 & 1972
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
Hotchkiss1Fremont, CA—4,1633,1521,2594,1634,4118,57479220171997
Hotchkiss II1Fremont, CA—3,0423,0815863,0423,6676,70969420181997
Merced4San Leandro, CA—25,6219,3187,59725,62116,91542,5363,17720181958
Michele1South San Francisco, CA—2,7102,5407922,7103,3326,04281220161979
Minnesota and Tennessee2San Francisco, CA—34,73813,1413,87234,73817,01351,7512,44020191963
Morton4Newark, CA—65,640115,03951465,640115,553181,1935,41220232020
Old Bayshore—San Jose, CA—10,2441,60941510,2442,02412,26835320201955
San Clemente1Hayward, CA—5,1263,9381,1865,1265,12410,25088320181982
Teagarden5San Leandro, CA—19,17215,22173319,17215,95435,1261,15320221970/1972
Starlite1South San Francisco, CA—3,7381442,3733,7382,5176,25523820201966 & 1972
West 140th2San Leandro, CA—9,5786,2974,5729,57810,86920,4472,69920161959
Whitney3San Leandro, CA—13,8219,0162,72313,82111,73925,5602,54120181974
Wicks1San Leandro, CA—2,2242981142,2244122,63610420181976
Central Pacific Business Park I1Union City, CA—6,62911,0881,7906,62912,87819,5073,91320141989
Central Pacific Business Park II4Union City, CA—13,64223,6587,98013,64231,63845,28010,85220152015
Seattle
1st Ave2Seattle, WA—29,44130,5378,94229,44139,47968,9205,49720181937 & 1967
13045 SE 32nd Street1Bellevue, WA—5,9825368865,9821,4227,4045120241979
33rd Place2Bellevue, WA—10,6553,93014410,6554,07414,72935520221968-2009
6th Ave South1Seattle, WA—7,2158,6704807,2159,15016,3651,44620201960
68th Kent2Kent, WA—7,4652,2632107,4652,4739,93826120211976
84th Kent—Kent, WA—4,5521363104,5524464,99818720201963 & 2000
117th Place NE1Kirkland, WA—23,8469,8421,32923,84611,17135,0171,22620211978
917 Valley1Puyallup, WA—2,2034,5513732,2034,9247,12778720192006
3401 Lind1Renton, WA—2,9996,7071,4512,9998,15811,1572,38620141984/2012
4225 2nd Avenue1Seattle, WA—4,2364,0492,2834,2366,33210,5681,87720151957
4930 3rd Avenue South1Seattle, WA—3,9842,4241,2023,9843,6267,6101,09820161964
12119 East Marginal—Tukwila, WA—4,9501,740—4,9501,7406,69019820201996
17600 West Valley Highway1Tukwila, WA—3,3615,2601,9163,3617,17610,5372,92520121986
Auburn 4001Auburn, WA—4,4155,2341,1944,4156,42810,8431,08420192000
Auburn 13071Auburn, WA—4,2535,0347434,2535,77710,0301,85920142002
Dawson1Seattle, WA—3,9022786543,9029324,83433020171964
East Valley1Renton, WA—2,6932,9593812,6933,3406,03362120181991
East Marginal—Renton, WA—2,6183801982,6185783,19617020191991
Hudson1Seattle, WA—4,4719123234,4711,2355,70620420202006
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
Kent 1881Kent, WA—3,2514,7193,0653,2517,78411,0352,97020101979
Kent 1901Kent, WA—4,5605,5611,5224,5607,08311,6432,09920151992/1999
Kent 1921Kent, WA—12,75220,64253312,75221,17533,9273,2902020
Kent 2021Kent, WA—5,7619,1144,5285,76113,64219,4034,19020151981
Kent 2161Kent, WA—3,6725,4081,1453,6726,55310,2252,19820141996
Kent Corporate Park4Kent, WA—5,0326,9162,6775,0329,59314,6253,49320151980/1981
Lucile1Seattle, WA—4,4983,5041,7384,4985,2429,7401,54420171976
Lund1Auburn, WA—2,5734,3995962,5734,9957,5681,25020161999
Occidental Avenue3Seattle, WA—12,5503,3001,26112,5504,56117,11155620211988
Olympic1Tukwila, WA—1,4991,4317421,4992,1733,67292420151978
MLK 9801—Seattle, WA—14,3881,36042914,3881,78916,1771402021
MLK 9845—Seattle, WA—14,4365319514,43662615,0621202021
MLK 9600—Seattle, WA—20,8491,39581220,8492,20723,05672220211957
NE 91st2Redmond, WA—7,9441,866—7,9441,8669,81013320221986/1987
SeaTac 8th Avenue1Burien, WA—2,5014,0202,3392,5016,3598,8602,36420131988
SE 32nd Street1Bellevue, WA—9,0592,0811,5499,0593,63012,68991020201982
SW 16th Street—Renton, WA—6,2512,0011,3076,2513,3089,55921620211962
SW 34th1Renton, WA—2,9123,2895402,9123,8296,7411,35020141996/2010
Valley Corporate2Kent, WA—5,2649,0963,0955,26412,19117,4554,94820111987
Woodinville1Woodinville, WA—12,49012,244212,49012,24624,7361,01020211996
Woodinville II2Woodinville, WA—20,94112,94918220,94113,13134,0721,02920211999
Willows—Redmond, WA—3,0675811793,0677603,8278120211970
8660 Willows Road—Redmond, WA—18,0342,1801,42218,0343,60221,63633720221987
Miami
26th Street1Miami, FL—3,4444,5581,2723,4445,8309,2742,06620121973
48th Avenue2Miami Gardens, FL—4,3222,1871,0534,3223,2407,5621,03920111987
70th Avenue1Miami, FL—1,4342,3334691,4342,8024,2361,03020111999
70th Avenue II1Miami, FL—2,1523,4181,0252,1524,4436,5951,18120161969
70th Avenue III1Miami, FL—2,5433,1678482,5434,0156,5581,00520161974
70th Avenue IV1Miami, FL—1,1191,4567271,1192,1833,30249220171969
70th Avenue V1Miami, FL—5,0363,4192,4315,0365,85010,8861,08420171974
73rd Street2Miami, FL—6,13013,9324936,13014,42520,5551,15920212022
74th Avenue1Miami, FL—2,3273,5389652,3274,5036,8301,21920161986
81st Street2Medley, FL—2,9385,2422,0772,9387,31910,2572,40020151996/2003
94th Avenue1Doral, FL—3,0003,5803,0723,0006,6529,65298420171989
107th Avenue1Medley, FL—2,7872,0369332,7872,9695,7561,22420132001
101st Road1Medley, FL—2,6473,2581,0742,6474,3326,9791,64220132012
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
131st Street1Medley, FL—2,9035,7291,4082,9037,13710,0402,17620141999
7045 NW 46th St1Miami, FL—2,5172,2612102,5172,4714,98819320221986
8050 NW 90th St—Medley, FL—18,6122,0673,47818,6125,54524,1575492022N/A
12950 SW South River1Medley, FL—1,9714,0298401,9714,8696,8401,26420162000
Americas Gateway5Doral, FL—9,0889,5525,5299,08815,08124,1695,79620131978/1982
Americas Gateway 51Doral, FL—2,0644,3263552,0644,6816,74544520132022
Countyline #24 & #252Hialeah, FL—15,55227,8986,63615,55234,53450,0864,46420212021 & 2021
Countyline #261Hialeah, FL—11,82624,4074,95811,82629,36541,1913,38820212021
Countyline #27 & #282Hialeah, FL—18,59549,0529,84718,59558,89977,4946,76420212021 & 2021
Countyline #29 & #302Hialeah, FL—19,37052,9256,53019,37059,45578,8254,52620222022
Countyline 311Hialeah, FL—13,42528,57687013,42529,44642,87114520232024
Countyline 381Hialeah, FL—36,89867,304—36,89867,304104,2021,62320232024
Countyline 391Hialeah, FL—14,64729,337—14,64729,33743,98431620232024
Countyline 401Hialeah, FL—12,15128,265—12,15128,26540,41665020232024
Countyline 411Hialeah, FL—14,04431,26146914,04431,73045,7741,11820232023
Doral Air Logistics Center3Doral, FL—70,197117,640—70,197117,640187,83712420242022
Miami International Trade Center4Medley, FL—5,06310,9583,6715,06314,62919,6923,94220151996
Washington, D.C.
25th Place NE1Washington, D.C.—7,8454,9323367,8455,26813,11321020232023
75th Ave5Landover, MD—10,65818,6156,76610,65825,38136,0397,83220141987/1990
2920 V Street1Washington, D.C.—2,2481,6701,6002,2483,2705,51877520171958
3000 V Street NE1Washington, D.C.—5,1712,7455945,1713,3398,5102720241960
3601 Pennsy1Landover, MD—2,3314,3751,7572,3316,1328,4632,30020131996
4230 Forbes1Lanham, MD—1,7362,3951,3871,7363,7825,5181,22320132003
4501 46th Street—Bladensburg, MD—9,5761,9841,0299,5763,01312,58925220211955
Business Parkway1Lanham, MD—3,0383,0072103,0383,2176,25572620162002
Eisenhower3Alexandria, VA—36,75523,7682,50636,75526,27463,0292,24120211974
Fleet4Alexandria, VA—52,00029,85838352,00030,24182,24157620241977
Hampton Overlook3Capitol Heights, MD—4,6027,5212,5794,60210,10014,7022,58520161989/1990
Pickett1Alexandria, VA—6,2562,8507026,2563,5529,80842920211963
Tuxedo—Hyattsville, MD—6,8671,2661,1046,8672,3709,23728020211962
Initial Costto Company · CostsCapitalizedSubsequenttoAcquisition · Gross Amount Carriedat December 31, 2024
Property Name · No. ofBldgs. · Location · Encumbrances · Land · Buildings &Improvements · Land · Buildings &Improvements · Total · AccumulatedDepreciation · YearAcquired · YearConstructed
V Street6Washington, D.C.—67,13241,29920,73267,13262,031129,16319,71920151955/1963
Subtotal29872,8792,586,4711,720,864386,4482,586,4712,107,3124,693,783350,903
Unamortized fair value adjustment(3,590)
Unamortized net deferred financing costs(185)
Intangible assets208,475115,650
Total298——$69,104—$2,586,471—$1,720,864—$386,448—$2,586,471—$2,107,312—$4,902,258—$466,553
Assets held for sale1—2,4674,5277212,4675,2487,7151,457

Schedule III

Real Estate Investments and Accumulated Depreciation – (Continued)

As of December 31, 2024

A summary of activity for real estate and accumulated depreciation for the years ended December 31, 2024 and 2023 is as follows:

20242023
Investment in Properties
Balance at beginning of year$4,047,840$3,398,774
Acquisition of properties937,908512,531
Disposition of properties(31,755)(43,854)
Construction in progress129,564139,974
Properties held for sale(7,715)—
Improvements, net of write-offs46,06840,415
Balance at end of year$5,121,910$4,047,840
20242023
Accumulated Depreciation
Balance at beginning of year$384,480$323,631
Amortization of lease intangible assets20,36815,008
Depreciation expense71,70456,765
Accumulated depreciation on properties held for sale(1,457)—
Disposition of properties and write-offs(8,542)(10,924)
Balance at end of year$466,553$384,480
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.