Investor Presentaiton
Mixed-Use Office Portfolio
MAXIMIZING REAL ESTATE VALUE
Existing Portfolio
→ 2.0 million SF of amenitized Class A office space in our
mixed-use portfolio
Representative of 10% of total ABR, less on a POI basis
→ Ability to realize additional value through office and
residential after creating the right retail street
Total SF
% of Total ABR
Leased (as of 12/31/23)
WAVG Lease Term¹
→ Highly desirable amentizied environment for today's office
worker critical for attracting top talent for employers
Lease Expirations
% OF TOTAL COMMERCIAL SF EXPIRING
→ Potential future source of capital through JV or sale
→ 1.1 million SF of new leases signed or at lease since 3Q 2020
0.2%
1 Weighted by ABR
0.5%
1.4%
2024
2025
2026
0.1%
2027
2.0 million SF
10%
96%
7 years
3.0%
0.2%
2029
0.6%
0.4%
0.0%
2030
2031
Thereafter
2028
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