Investor Presentaiton
OFFICE PROPERTIES
INCOME TRUST
DIVERSIFIED PORTFOLIO BY GEOGRAPHY, INDUSTRY AND TENANT WITH A
FOCUS ON STRONG, GROWING MARKETS (1)
OPI's Top 10
Market Areas
No. of Sq. Ft.
Buildings
% of Total
Annualized
OPI Occupancy
vs. Market
(000's)
Rental
Average (2)
WALT
(Years)
Tenant Industry
Government (5)
Income
2% 1%
Technology & Communications
2%
Washington D.C. Metro(3) *
31
4,282
23.2%
91.6% / 83.4%
5.1
| Legal & Consulting
3%
4%
Real Estate & Financial
6%
Atlanta, GA *
10
1,667
4.8%
99.2% / 82.0%
6.5
Retail & Food
11%
Chicago, IL
1,224
4.5%
85.4% / 84.3%
5.1
Manufacturing & Transportation
Energy Services
Silicon Valley, CA *
11
827
4.4%
100.0% / 88.0%
4.9
15%
Life Sciences & Medical
Education & Social Services
16%
Dallas/Ft. Worth, TX *
1,491
4.0%
100.0% / 80.1%
6.3
Other
Houston, TX
885
3.9%
100.0% / 76.3%
8.2
Sacramento, CA
7
881
3.9%
94.9% / 88.0%
5.2
Kansas City, MO
3
780
3.6%
100.0% / 88.8%
13.2
Richmond, VA
852
3.1%
83.9% / 89.8%
5.2
Boston, MA *
7
841
2.8%
73.7% / 88.0%
2.9
92
13,730
58.2%
* In the top 15 "Markets to Watch" in 2020 by ULI and PwC.(4)
40%
(1) Based on annualized rental income. Annualized rental income is calculated using the annualized contractual base rents from our tenants pursuant to our lease agreements, plus straight line rent adjustments
and estimated recurring expense reimbursements to be paid to us, and excluding lease value amortization.
(2) Source for market average: JLL Office Outlook Q3 2019. Includes all property classes within each Metro.
(3) Includes District of Columbia, Northern Virginia and Maryland (excluding Baltimore).
(4) Source: Emerging Trends in Real Estate 2020 published by Urban Land Institute and PricewaterhouseCoopers.
(5) Includes the U.S. Government, state governments, municipalities and government contractors.
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