2022 First Quarter Investor Presentation
2022 first quarter investor presentation
diversification by industry
20%
manufacturing
64%
service
# of
building
sq. ft.
% base rent and interest¹
as of March 31,
customer industry groups
properties (in thousands) 2022
2021
2020
building
% base rent and interest¹
metal fabrication
112
14,499
food processing
29
3,547
automotive parts and accessories
25
4,584
plastic and rubber products
18
3,260
furniture manufacturing
12
2,980
aerospace product and parts
25
1,806
all other manufacturing (16 industry groups)
93
10,213
total manufacturing
314
40,889
5.9% 5.0% 4.4%
2.9% 2.4% 2.1%
1.7% 1.5% 1.0%
1.7% 1.8% 1.6%
1.2% 1.3% 1.3%
1.1% 1.1% 0.8%
5.7% 5.4% 5.2%
18.5% 16.4%
20.2%
# of
sq. ft.
customer industry groups
properties (in thousands)
2022
restaurants - full service
360
2,547
restaurants - limited service
403
1,286
as of March 31,
2021
7.0% 7.6% 9.0%
4.9% 4.6% 5.0%
2020
early childhood education
277
2,919
6.1% 6.0% 6.0%
automotive repair and maintenance
241
1,385
5.6%
4.8%
4.8%
health clubs
91
3,199
5.2% 5.0%
5.4%
pet care
186
1,743
3.4%
3.6%
3.4%
lumber & construction materials wholesalers
167
6,865
3.2% 3.1% 2.8%
medical and dental
161
1,476
3.2% 2.9% 2.8%
16%
service-oriented retail
movie theaters
36
1,842
3.2% 3.7%
3.9%
behavioral health
87
1,705
3.2%
3.2%
2.8%
family entertainment
40
1,569
2.9% 3.0%
3.9%
# of
building
sq. ft.
% base rent and interest¹
elementary and secondary schools
16
850
2.9% 2.8%
1.4%
as of March 31,
equipment sales and leasing
56
1,399
1.8%
2.0%
1.8%
customer industry groups
properties (in thousands)
2022
farm and ranch supply
41
4,136
3.3%
2021
4.1% 4.5%
2020
logistics
34
4,227
1.8%
1.2%
1.2%
wholesale automobile auction
8
428
1.1%
1.2%
1.3%
STORE
capital
furniture
64
3,569
3.2%
4.3% 5.3%
recreational vehicle dealers
32
1,257
2.1% 2.1%
1.9%
all other service (24 industry groups)
total service
228
14,363
8.6% 9.3% 9.3%
2,391
47,803
64.1% 64.0% 64.8%
home furnishings
28
2,475
1.9%
1.2%
1.1%
used car dealers
27
269
1.4%
1.7%
1.7%
hunting and fishing
8
630
1.3%
1.7% 1.8%
new car dealers
14
505
1.0% 0.7% 0.7%
all other retail (11 industry groups)
46
12
total service-oriented retail
260
1,986
14,827
1.5% 1.7% 1.8%
15.7% 17.5% 18.8%
total portfolio
properties
2,965
square feet
> 100 MMView entire presentation