Strategic Plan to Exit Office
W. P. Carey Post-Transaction Portfolio (1)
Portfolio post-Transaction focused on industrial / warehouse, essential retail and net lease self-storage
Size
Gross Real Estate Book Value (2)
ABR
W. P. CAREY
$15.6 billion
$1.25 billion
Net-Lease Portfolio
Property Type (% of ABR)
Industrial
Warehouse
Retail (3)
Self-Storage
Other (4)
% of Office Contribution
WALT
Occupancy
Investment Grade Tenants (% of ABR)
Number of Properties
Number of Tenants
14%
5%
20%
27%
62%
Industrial/
Warehouse
34%
0.0%
11.7 years
99.2%
21.9%
1,327
322
165.0 million
86
Gamma
Self
Storage (5)
Square Footage
Number of Properties
Number of Units
Average Occupancy
1. Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of September 30, 2023. Amounts may not sum to totals due to rounding.
2. Gross real estate value represents consolidated real estate assets before accumulated depreciation on buildings and improvements, net of accumulated amortization on in-place lease intangible assets and above-market rent intangible assets.
3. Includes automotive dealerships.
53,283
90.5%
4. Includes education facility, hotel (net lease), laboratory, specialty, research & development, fitness facility, student housing (net lease), theater, funeral home, restaurant, land, outdoor advertising and parking. Includes office properties that will be redeveloped or reclassified into
other property types and office properties that are subject to master leases with tenants owning additional property types.
5. Metrics shown for operating self-storage portfolio only; excludes net-lease self-storage assets which are captured in net-lease portfolio metrics.
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