Rental Property - Acquisitions (Details) $ in Thousands |
3 Months Ended |
6 Months Ended |
12 Months Ended |
|
|
Dec. 31, 2024
USD ($)
ft²
building
|
Sep. 30, 2024
USD ($)
ft²
building
|
Jun. 30, 2024
USD ($)
ft²
building
|
Mar. 31, 2024
USD ($)
ft²
building
|
Dec. 31, 2023
USD ($)
ft²
buildings
building
|
Sep. 30, 2023
USD ($)
ft²
buildings
building
|
Jun. 30, 2023
USD ($)
ft²
building
|
Dec. 31, 2024
USD ($)
ft²
building
|
Dec. 31, 2023
USD ($)
ft²
buildings
building
|
Oct. 05, 2023
building
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
116,600,000
|
|
|
|
|
|
|
116,600,000
|
|
|
| Number of properties | building |
591
|
|
|
|
|
|
|
591
|
|
|
| Acquisitions 2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
2,162,321
|
|
|
|
2,162,321
|
|
| Number of properties | building |
|
|
|
|
16
|
|
|
|
16
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
|
|
|
$ 322,014
|
|
| Acquisitions Q2 2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
|
235,003
|
|
|
|
| Number of properties | building |
|
|
|
|
|
|
2
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
|
$ 40,664
|
|
|
|
| Piscataway, NJ, Q2 2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
|
101,381
|
|
|
|
| Number of properties | building |
|
|
|
|
|
|
1
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
|
$ 26,660
|
|
|
|
| Greensboro, NC, Q2 2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
|
133,622
|
|
|
|
| Number of properties | building |
|
|
|
|
|
|
1
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
|
$ 14,004
|
|
|
|
| Acquisitions Q3 2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
1,528,885
|
|
|
|
|
| Number of properties | building |
|
|
|
|
|
12
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 213,909
|
|
|
|
|
| Portland, OR, 7-18-23 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
121,426
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
2
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 20,685
|
|
|
|
|
| Allentown, PA, 7-24-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
222,042
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
3
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 34,859
|
|
|
|
|
| Philadelphia, PA, 7-24-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
152,625
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
1
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 15,031
|
|
|
|
|
| Sacramento, CA, 8-07-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
96,658
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
1
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 13,725
|
|
|
|
|
| Chicago, IL 8-10-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
400,088
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
1
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 41,348
|
|
|
|
|
| Tampa, FL (2), 8-30-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
0
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
0
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 9,572
|
|
|
|
|
| Indianapolis, IN, 9-18-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
258,000
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
1
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 21,306
|
|
|
|
|
| Inland Empire (California), 9-25-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
157,146
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
2
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 36,095
|
|
|
|
|
| Dallas/FT Worth, 9-29-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
|
120,900
|
|
|
|
|
| Number of properties | buildings |
|
|
|
|
|
1
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
$ 21,288
|
|
|
|
|
| Acquisitions Q4 2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
398,433
|
|
|
|
398,433
|
|
| Number of properties | building |
|
|
|
|
2
|
|
|
|
2
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
$ 67,441
|
|
|
|
|
|
| Wellford, SC(3) 10-05-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
0
|
|
|
|
0
|
|
| Number of properties | buildings |
|
|
|
|
0
|
|
|
|
0
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
$ 18,735
|
|
|
|
|
|
| Wellford, SC(3) 10-05-2023 | Construction in progress |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
|
|
|
|
|
|
|
1
|
| Wellford, SC 10-05-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
233,433
|
|
|
|
233,433
|
|
| Number of properties | buildings |
|
|
|
|
1
|
|
|
|
1
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
$ 18,735
|
|
|
|
|
|
| Sparks, NV 10-19-2023 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
|
165,000
|
|
|
|
165,000
|
|
| Number of properties | buildings |
|
|
|
|
1
|
|
|
|
1
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
$ 29,971
|
|
|
|
|
|
| Acquisitions Q1 2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
697,500
|
|
|
|
|
|
|
| Number of properties | building |
|
|
|
1
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
$ 50,073
|
|
|
|
|
|
|
| West Chester, Ohio, 3-18-2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
|
697,500
|
|
|
|
|
|
|
| Number of properties | building |
|
|
|
1
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
$ 50,073
|
|
|
|
|
|
|
| Milwaukee, WI 4-08-24 (Sussex) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
150,002
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
1
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 16,062
|
|
|
|
|
|
|
|
| Portland, OR 4-15-2024 (Sherwood) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
99,136
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
1
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 17,058
|
|
|
|
|
|
|
|
| Louisville, IN 4-16-2024 (Jeffersonville) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
592,800
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
1
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 52,352
|
|
|
|
|
|
|
|
| Portland, OR 6-06-24 (North Plains) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
0
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
0
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 8,178
|
|
|
|
|
|
|
|
| El Paso, TX 6-10-2024 (Socorro) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
254,103
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
1
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 32,182
|
|
|
|
|
|
|
|
| Chicago, IL 6-24-2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
947,436
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
5
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 87,560
|
|
|
|
|
|
|
|
| Columbus, OH 6-26-2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
150,207
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
1
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 20,408
|
|
|
|
|
|
|
|
| Acquisitions Q2 2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
|
2,193,684
|
|
|
|
|
|
|
|
| Number of properties | building |
|
|
10
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
$ 233,800
|
|
|
|
|
|
|
|
| Reno, NV 7-25-24 (RENO2) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
0
|
|
|
|
|
|
|
|
|
| Number of properties | building |
|
0
|
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
$ 1,896
|
|
|
|
|
|
|
|
|
| Reno, NV 8-05-24 (RENO3) |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
0
|
|
|
|
|
|
|
|
|
| Number of properties | building |
|
0
|
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
$ 8,959
|
|
|
|
|
|
|
|
|
| LeGrange, GA 9-09-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
323,368
|
|
|
|
|
|
|
|
|
| Number of properties | building |
|
1
|
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
$ 34,870
|
|
|
|
|
|
|
|
|
| Boston, MA 9-12-2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
290,471
|
|
|
|
|
|
|
|
|
| Number of properties | building |
|
5
|
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
$ 78,127
|
|
|
|
|
|
|
|
|
| Acquisitions Q3 2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
|
613,839
|
|
|
|
|
|
|
|
|
| Number of properties | building |
|
6
|
|
|
|
|
|
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
$ 123,852
|
|
|
|
|
|
|
|
|
| Minneapolis, MN 10-10-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
360,000
|
|
|
|
|
|
|
360,000
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 43,288
|
|
|
|
|
|
|
|
|
|
| Minneapolis, MN 10-15-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
126,000
|
|
|
|
|
|
|
126,000
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 23,331
|
|
|
|
|
|
|
|
|
|
| Minneapolis, MN 10-30-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
96,096
|
|
|
|
|
|
|
96,096
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 13,896
|
|
|
|
|
|
|
|
|
|
| Philadelphia, PA 10-31-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
69,492
|
|
|
|
|
|
|
69,492
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 12,443
|
|
|
|
|
|
|
|
|
|
| Phoenix, AZ 11-07-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
80,000
|
|
|
|
|
|
|
80,000
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 14,707
|
|
|
|
|
|
|
|
|
|
| Kansas City, MO 11-12-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
676,000
|
|
|
|
|
|
|
676,000
|
|
|
| Number of properties | building |
2
|
|
|
|
|
|
|
2
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 55,651
|
|
|
|
|
|
|
|
|
|
| Chicago, IL 12-03-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
725,917
|
|
|
|
|
|
|
725,917
|
|
|
| Number of properties | building |
5
|
|
|
|
|
|
|
5
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 73,230
|
|
|
|
|
|
|
|
|
|
| Chicago, IL 12-05-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
86,749
|
|
|
|
|
|
|
86,749
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 12,981
|
|
|
|
|
|
|
|
|
|
| Salt Lake City, UT 12-10-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
172,847
|
|
|
|
|
|
|
172,847
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 34,615
|
|
|
|
|
|
|
|
|
|
| Charlotte, NV (JV) 12-13-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
0
|
|
|
|
|
|
|
0
|
|
|
| Number of properties | building |
0
|
|
|
|
|
|
|
0
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 8,926
|
|
|
|
|
|
|
|
|
|
| Sacramento, CA 12-30-24 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
55,064
|
|
|
|
|
|
|
55,064
|
|
|
| Number of properties | building |
1
|
|
|
|
|
|
|
1
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 9,536
|
|
|
|
|
|
|
|
|
|
| Acquisitions Q4 2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
2,448,165
|
|
|
|
|
|
|
2,448,165
|
|
|
| Number of properties | building |
15
|
|
|
|
|
|
|
15
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
$ 302,604
|
|
|
|
|
|
|
|
|
|
| Acquisitions 2024 |
|
|
|
|
|
|
|
|
|
|
| Asset Acquisition [Line Items] |
|
|
|
|
|
|
|
|
|
|
| Area (in square feet) |
5,953,188
|
|
|
|
|
|
|
5,953,188
|
|
|
| Number of properties | building |
32
|
|
|
|
|
|
|
32
|
|
|
| Asset Acquisition, Consideration Transferred | $ |
|
|
|
|
|
|
|
$ 710,329
|
|
|