Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

				Initial Costs						Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)		Land		Buildings and Improvements		Costs Capitalized Subsequent to Acquisition		Land		Buildings and Improvements (2)		Total (4)		Accumulated Depreciation and Depletion (1) (6) (5)		Date of Construction	Date of Acquisition
US
Albertville, AL	1	$	—	$	1,251	$	12,385	$	1,264	$	1,381	$	13,519	$	14,900	$	(6,224)	1993	2008
Allentown, PA	2	—		5,780		47,807		8,032		6,791		54,828		61,619		(26,018)		1976	2008
Amarillo, TX	1	—		871		4,473		1,545		932		5,957		6,889		(2,759)		1973	2008
Anaheim, CA	1	—		9,509		16,810		1,666		9,510		18,475		27,985		(9,180)		1965	2009
Appleton, WI	1	—		200		5,022		10,977		916		15,283		16,199		(5,008)		1989	2009
Atlanta - Lakewood, GA	1	—		4,297		3,369		(1,460)		639		5,567		6,206		(2,397)		1963	2008
Atlanta - Skygate, GA	1	—		1,851		12,731		1,549		2,417		13,714		16,131		(4,796)		2001	2008
Atlanta - Southgate, GA	1	—		1,623		17,652		3,154		2,468		19,961		22,429		(7,397)		1996	2008
Atlanta - Tradewater, GA	1	—		—		36,966		10,043		8,129		38,880		47,009		(7,989)		2004	2008
Atlanta - Westgate, GA	1	—		2,270		24,659		(1,373)		2,090		23,466		25,556		(11,023)		1990	2008
Atlanta, GA - Corporate	—	—		—		365		18,318		—		18,683		18,683		(5,702)		1999/2014	2008
Augusta, GA	1	—		2,678		1,943		1,160		2,843		2,938		5,781		(1,778)		1971	2008
Babcock, WI	1	—		852		8,916		174		895		9,047		9,942		(3,174)		1999	2008
Bartow, FL	1	—		—		2,451		732		10		3,173		3,183		(2,546)		1962	2008
Belvidere-Imron, IL	1	—		2,000		11,989		3,857		2,413		15,433		17,846		(6,798)		1991	2009
Belvidere-Landmark, IL (Cross Dock)	1	—		1		2,117		1,974		—		4,092		4,092		(4,014)		1991	2009
Benson, NC (1)	1	—		3,660		35,825		37		3,660		35,862		39,522		(2,146)		1997	2019
Birmingham, AL	1	941		1,002		957		2,175		1,269		2,865		4,134		(1,055)		1963	2008
Brea, CA	1	—		4,645		5,891		1,002		4,724		6,814		11,538		(2,995)		1975	2009
Brooklyn Park, MN	1	—		1,600		8,951		1,741		1,600		10,692		12,292		(4,788)		1986	2009
Burley, ID	2	—		—		16,136		3,841		146		19,831		19,977		(14,514)		1959	2008
Burlington, WA	3	13,724		694		6,108		2,531		711		8,622		9,333		(4,392)		1965	2008
Carson, CA	1	—		9,100		13,731		1,146		9,133		14,844		23,977		(5,346)		2002	2009
Cartersville, GA	1	—		1,500		8,505		908		1,571		9,342		10,913		(3,967)		1996	2009
Carthage Warehouse Dist, MO	1	—		61,445		33,880		7,871		62,613		40,583		103,196		(22,329)		1972	2008
Chambersburg, PA (4)	1	—		1,368		15,868		(4)		1,368		15,864		17,232		(777)		1994	2019

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Cherokee, IA (1)	1	—	580	8,343	26	594	8,355	8,949	(559)	1965	2019
Chesapeake, VA (1)	1	—	2,740	13,452	19,734	2,805	33,121	35,926	(1,465)	1991	2019
Chillicothe, MO (1)	1	—	670	44,905	140	670	45,045	45,715	(2,444)	1999	2019
City of Industry, CA	2	—	—	1,455	1,923	230	3,148	3,378	(2,729)	1962	2009
Clearfield, UT	1	—	2,881	14,945	5,645	2,307	21,164	23,471	(9,248)	1973	2008
Clearfield 2, UT	1	—	806	21,569	1,359	1,131	22,603	23,734	(2,734)	2017	2017
Columbia, SC	1	—	768	1,429	1,146	860	2,483	3,343	(1,241)	1971	2008
Columbus, OH (1)	1	—	2,440	38,939	5,953	2,838	44,494	47,332	(2,056)	1996	2019
Connell, WA	1	—	497	8,728	1,231	558	9,898	10,456	(4,518)	1969	2008
Dallas, TX	1	—	1,468	14,385	13,668	2,929	26,592	29,521	(8,325)	1994	2009
Delhi, LA	1	15,495	539	12,228	587	587	12,767	13,354	(7,319)	2010	2010
Denver-50th Street, CO	1	—	—	1,724	592	—	2,316	2,316	(2,162)	1974	2008
Dominguez Hills, CA	1	—	11,149	10,894	1,288	11,162	12,169	23,331	(5,350)	1989	2009
Douglas, GA	1	—	400	2,080	2,139	401	4,218	4,619	(1,524)	1969	2009
Eagan, MN (1)	1	—	6,050	49,441	98	6,050	49,539	55,589	(2,712)	1964	2019
East Dubuque, IL	1	—	722	13,764	656	753	14,389	15,142	(5,140)	1993	2008
East Point, GA	1	—	1,884	3,621	3,850	2,020	7,335	9,355	(2,853)	1959	2016
Fairfield, OH (1)	1	—	1,880	20,849	118	1,880	20,967	22,847	(1,286)	1993	2019
Fairmont, MN (1)	1	—	1,650	13,738	41	1,650	13,779	15,429	(783)	1968	2019
Fort Dodge, IA	1	—	1,022	7,162	1,300	1,226	8,258	9,484	(3,685)	1979	2008
Fort Smith, AR	2	—	308	2,231	2,302	342	4,499	4,841	(1,547)	1958	2008
Fort Smith - Highway 45, AR (1)	1	—	2,245	51,998	22	2,245	52,020	54,265	(2,968)	1987	2019
Fort Worth-Blue Mound, TX	1	—	1,700	5,055	1,829	1,700	6,884	8,584	(2,139)	1995	2009
Fort Worth-Samuels, TX	2	—	1,985	13,447	4,528	2,124	17,836	19,960	(7,344)	1977	2009
Fremont, NE	1	26,341	629	3,109	6,083	691	9,130	9,821	(4,804)	1968	2008
Ft. Worth, TX (Meacham)	1	—	5,610	24,686	4,557	5,873	28,980	34,853	(11,471)	2005	2008
Ft. Worth, TX (Railhead)	1	—	1,857	8,536	773	1,978	9,188	11,166	(4,071)	1998	2008
Gadsden, AL	1	22,827	100	9,820	(607)	388	8,925	9,313	(3,325)	1991	2013
Gaffney, SC	1	—	1,000	3,263	164	1,000	3,427	4,427	(1,455)	1995	2008

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Gainesville, GA	1	—	400	5,704	1,271	434	6,941	7,375	(2,780)	1989	2009
Gainesville - Candler, GA (2)	1	—	716	3,258	952	770	4,156	4,926	(354)	1995	2019
Garden City, KS	1	—	446	4,721	1,893	446	6,614	7,060	(2,542)	1980	2008
Gateway, GA	2	—	3,271	19,693	(7,196)	3,197	12,571	15,768	(8,666)	1972	2008
Geneva Lakes, WI	1	—	1,579	36,020	3,387	2,513	38,473	40,986	(13,555)	1991	2009
Gloucester - Rogers, MA	1	—	1,683	3,675	4,786	1,827	8,317	10,144	(2,402)	1967	2008
Gloucester - Rowe, MA	1	—	1,146	2,833	10,823	1,272	13,530	14,802	(3,877)	1955	2008
Gouldsboro, PA	1	—	4,224	29,473	3,065	5,036	31,726	36,762	(10,399)	2006	2009
Grand Island, NE	1	—	430	6,542	(2,269)	479	4,224	4,703	(2,130)	1995	2008
Green Bay, WI	2	—	—	2,028	3,225	125	5,128	5,253	(2,952)	1935	2009
Greenville, SC	1	—	200	1,108	403	203	1,508	1,711	(1,246)	1962	2009
Hatfield, PA	2	—	5,002	28,286	9,788	5,800	37,276	43,076	(14,878)	1983	2009
Henderson, NV	2	—	9,043	14,415	1,247	9,056	15,649	24,705	(5,707)	1988	2009
Hermiston, OR	1	32,069	1,322	7,107	435	1,388	7,476	8,864	(3,252)	1975	2008
Houston, TX	1	—	1,454	10,084	1,323	1,531	11,330	12,861	(4,054)	1990	2009
Indianapolis, IN	4	—	1,897	18,991	21,352	4,088	38,152	42,240	(14,406)	1975	2008
Jefferson, WI	2	—	1,553	19,805	1,944	1,887	21,415	23,302	(9,319)	1975	2009
Johnson, AR (1)	1	—	6,159	24,802	—	6,159	24,802	30,961	(2,017)	1955	2019
Lakeville, MN (1)	1	—	4,000	47,790	122	4,013	47,899	51,912	(2,715)	1970	2019
Lancaster, PA	1	—	2,203	15,670	1,031	2,371	16,533	18,904	(5,801)	1993	2009
LaPorte, TX	1	—	2,945	19,263	3,378	3,440	22,146	25,586	(8,350)	1990	2009
Le Mars, IA (1)	1	—	1,000	12,596	195	1,100	12,691	13,791	(872)	1991	2019
Leesport, PA	1	—	1,206	14,112	12,195	1,796	25,717	27,513	(8,217)	1993	2008
Lowell, AR (1)	1	—	2,610	31,984	188	2,748	32,034	34,782	(2,090)	1992	2019
Lula, GA (2)	1	—	3,864	35,382	386	3,925	35,707	39,632	(2,392)	1996	2019
Lynden, WA	5	—	1,420	8,590	1,639	1,430	10,219	11,649	(4,179)	1946	2009
Marshall, MO	1	10,293	741	10,304	563	840	10,768	11,608	(4,506)	1985	2008
Massillon 17th, OH	1	—	175	15,322	700	423	15,774	16,197	(6,165)	2000	2008
Massillon Erie, OH	1	—	—	1,988	521	—	2,509	2,509	(2,477)	1984	2008

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Memphis Chelsea , TN	—	—	80	2	(81)	—	1	1	(1)	1972	2008
Middleboro, MA	1	—	404	15,031	161	441	15,155	15,596	(900)	2018	2018
Milwaukie, OR	2	—	2,473	8,112	1,797	2,523	9,859	12,382	(6,112)	1958	2008
Mobile, AL	1	—	10	3,203	1,129	24	4,318	4,342	(1,638)	1976	2009
Modesto, CA	6	—	2,428	19,594	5,822	3,025	24,819	27,844	(11,326)	1945	2009
Monmouth, IL (1)	1	—	2,660	48,348	23	2,683	48,348	51,031	(2,276)	2014	2019
Montgomery, AL	1	6,530	850	7,746	(395)	1,157	7,044	8,201	(2,858)	1989	2013
Moses Lake, WA	1	29,634	575	11,046	2,771	1,140	13,252	14,392	(5,735)	1967	2008
Murfreesboro, TN	1	—	1,094	10,936	3,753	1,332	14,451	15,783	(7,116)	1982	2008
Nampa, ID	4	—	1,588	11,864	2,253	1,719	13,986	15,705	(8,053)	1946	2008
Napoleon, OH (1)	1	—	2,340	57,677	111	2,340	57,788	60,128	(3,214)	1974	2019
New Ulm, MN	7	—	725	10,405	1,457	822	11,765	12,587	(4,430)	1984	2009
North Little Rock, AR (1)	1	—	1,680	12,841	14,898	2,226	27,193	29,419	(1,371)	1996	2019
Oklahoma City, OK	1	—	742	2,411	1,859	742	4,270	5,012	(1,845)	1968	2008
Ontario, CA	3	—	14,673	3,632	27,388	14,747	30,946	45,693	(13,372)	1987(1)/1984(2)/1983(3)	2008
Ontario, OR	4	—	—	13,791	9,476	1,264	22,003	23,267	(14,152)	1962	2008
Pasco, WA	1	—	557	15,809	441	598	16,209	16,807	(5,803)	1984	2008
Pendergrass, GA	1	—	500	12,810	2,820	580	15,550	16,130	(6,826)	1993	2009
Perryville, MD (4)	1	—	1,626	19,083	5,104	5,820	19,993	25,813	(784)	2007	2019
Phoenix2, AZ	1	—	3,182	11,312	34	3,182	11,346	14,528	(2,626)	2014	2014
Piedmont, SC	1	—	500	9,883	1,524	506	11,401	11,907	(5,149)	1981	2009
Plover, WI	1	33,480	1,390	18,298	5,857	2,016	23,529	25,545	(10,723)	1981	2008
Portland, ME	1	—	305	2,402	1,213	316	3,604	3,920	(1,181)	1952	2008
Rochelle, IL (Americold Drive)	1	—	1,860	18,178	48,173	4,326	63,885	68,211	(11,323)	1995	2008
Rochelle, IL (Caron)	1	—	2,071	36,658	963	2,257	37,435	39,692	(15,531)	2004	2008
Russellville, AR - Elmira	1	—	1,261	9,910	3,275	1,376	13,070	14,446	(6,795)	1986	2008
Russellville, AR - Route 324 (1)	1	—	2,467	29,179	(53)	2,499	29,094	31,593	(1,828)	1993	2019
Russellville, AR - Valley	1	—	708	15,832	4,049	759	19,830	20,589	(6,504)	1995	2008
Salem, OR	4	38,433	3,055	21,096	3,721	3,261	24,611	27,872	(12,201)	1963	2008

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Salinas, CA	5	—	7,244	7,181	10,637	8,130	16,932	25,062	(7,071)	1958	2009
Salt Lake City, UT	1	—	—	22,481	8,799	374	30,906	31,280	(16,037)	1998	2010
San Antonio - HEB, TX	1	—	2,014	22,902	—	2,014	22,902	24,916	(4,578)	1982	2017
San Antonio, TX	3	—	1,894	11,101	3,254	2,138	14,111	16,249	(8,385)	1913	2009
Sanford, NC (1)	1	—	3,110	34,104	81	3,110	34,185	37,295	(1,988)	1996	2019
Savannah, GA (3)	1	—	20,715	10,456	1,252	21,833	10,590	32,423	(938)	2015	2019
Savannah 2, GA	1	—	3,002	37,571	—	3,002	37,571	40,573	(969)	2020	2020
Sebree, KY	1	—	638	7,895	1,681	638	9,576	10,214	(3,004)	1998	2008
Sikeston, MO	1	—	258	11,936	3,126	2,350	12,970	15,320	(4,952)	1998	2009
Sioux City - 2640, IA (1)	1	—	5,950	28,391	623	5,909	29,055	34,964	(2,281)	1990	2019
Sioux City - 2900, IA (1)	1	—	3,070	56,336	193	3,101	56,498	59,599	(3,475)	1995	2019
Sioux Falls, SD	1	—	856	4,780	4,141	1,044	8,733	9,777	(4,578)	1972	2008
Springdale, AR	1	7,664	844	10,754	1,742	872	12,468	13,340	(5,416)	1982	2008
St. Louis, MO	2	—	2,082	7,566	2,071	2,198	9,521	11,719	(3,404)	1956	2009
St. Paul, MN	2	—	1,800	12,129	699	1,800	12,828	14,628	(5,577)	1970	2009
Strasburg, VA	1	—	1,551	15,038	1,779	1,600	16,768	18,368	(6,037)	1999	2008
Sumter, SC (1)	1	—	530	8,738	32	548	8,752	9,300	(767)	1979	2019
Syracuse, NY	2	—	2,177	20,056	5,833	2,420	25,646	28,066	(10,349)	1960	2008
Tacoma, WA	1	—	—	21,216	2,518	27	23,707	23,734	(8,266)	2010	2010
Tampa Plant City, FL	2	—	1,333	11,836	1,507	1,380	13,296	14,676	(4,782)	1987	2009
Tarboro, NC	1	17,127	1,078	9,586	1,175	1,225	10,614	11,839	(4,061)	1988	2008
Taunton, MA	1	—	1,477	14,159	1,394	1,703	15,327	17,030	(5,381)	1999	2009
Texarkana, AR	1	3,542	842	11,169	1,655	921	12,745	13,666	(4,508)	1992	2008
Tomah, WI	1	18,593	886	10,715	438	923	11,116	12,039	(4,853)	1989	2008
Turlock, CA (#1)	2	—	944	4,056	586	967	4,619	5,586	(2,119)	1995	2008
Turlock, CA (#2)	1	—	3,091	7,004	1,530	3,116	8,509	11,625	(3,744)	1985	2008
Vernon 2, CA	1	—	8,100	13,490	3,402	8,112	16,880	24,992	(8,188)	1965	2009
Victorville, CA	1	—	2,810	22,811	1,090	2,820	23,891	26,711	(8,985)	2004	2008
Walla Walla, WA	2	—	215	4,693	610	159	5,372	5,518	(3,269)	1960	2008

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Wallula, WA	1	—	690	2,645	806	753	3,388	4,141	(1,326)	1982	2008
Watsonville, CA	1	—	—	8,138	533	21	8,650	8,671	(8,045)	1984	2008
West Memphis, AR	1	—	1,460	12,300	3,340	2,784	14,316	17,100	(6,383)	1985	2008
Wichita, KS	1	—	1,297	4,717	2,063	1,432	6,645	8,077	(2,977)	1972	2008
Woodburn, OR	1	—	1,552	9,860	3,864	1,627	13,649	15,276	(4,967)	1952	2008
York, PA	1	—	3,838	36,621	2,407	4,099	38,767	42,866	(15,525)	1994	2008
York-Willow Springs, PA	1	—	1,300	7,351	745	1,416	7,980	9,396	(3,482)	1987	2009
Zumbrota, MN	3	—	800	10,360	1,727	934	11,953	12,887	(4,347)	1996	2009
Newport, MN	1	—	3,383	19,877	292	3,638	19,914	23,552	(1,015)	1964	2020
Tampa Maple, FL	1	—	3,233	15,940	—	3,233	15,940	19,173	(195)	2017	2020
Grand Prairie, TX	1	—	—	22	—	—	22	22	(3)	1981	2020
Mansfield, TX	1	—	5,670	33,222	—	5,670	33,222	38,892	(399)	2018	2020
Hall’s (9)	8	—	29,351	239,697	3	29,352	239,699	269,051	(1,325)	Various	2020
Canada
Cold Logic/Taber	—	—	—	12	(1)	—	11	11	(11)	1999	2009
Brampton	1	—	27,522	53,367	3,278	28,544	55,623	84,167	(2,135)	2004	2020
Calgary	1	—	5,240	36,392	1,545	5,434	37,743	43,177	(1,231)	2009	2020
Halifax Dartmouth	1	—	2,052	14,904	629	2,128	15,457	17,585	(484)	2013	2020
Halifax Thornhill	1	—	—	1,044	39	—	1,083	1,083	(498)	1971	2020
Australia
Arndell Park	2	—	13,489	29,428	5,600	12,896	35,621	48,517	(11,962)	1989/1994	2009
BRIS CORPORATE-Acacia Ridge	1	—	—	—	324	—	324	324	(306)	Managed	Managed
Laverton	2	—	13,689	28,252	10,515	13,087	39,369	52,456	(13,385)	1997/1998	2009
Murarrie	3	—	10,891	18,975	351	10,413	19,804	30,217	(7,224)	1972/2003	2009
Prospect/ASC Corporate	2	—	—	1,187	21,564	8,181	14,570	22,751	(5,098)	1985	2009
Spearwood	1	—	7,194	10,990	622	6,878	11,928	18,806	(5,011)	1978	2009
New Zealand
Dalgety	1	—	6,047	5,531	7,387	12,815	6,150	18,965	(2,098)	1988	2009
Diversey	1	—	2,357	5,966	1,595	2,617	7,301	9,918	(2,493)	1988	2009
Halwyn Dr	1	—	5,227	3,399	1,568	5,803	4,391	10,194	(1,851)	1992	2009

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Mako Mako	1	—	1,332	3,810	660	1,479	4,323	5,802	(1,433)	2000	2009
Manutapu/Barber Akld	1	—	—	343	358	—	701	701	(646)	2004	2009
Paisley	2	—	—	185	3,010	—	3,195	3,195	(543)	1984	2009
Smarts Rd	1	—	—	247	1,060	—	1,307	1,307	(856)	1984	2009
Argentina
Mercado Central - Buenos Aires, ARG	1	—	—	4,984	(2,008)	—	2,976	2,976	(2,168)	1996/1999	2009
Pilar - Buenos Aires, ARG	1	—	706	2,586	(2,252)	732	308	1,040	(86)	2000	2009
Agro (U.S., Europe, Asia-Pacific, South America) (8)
Agro	23	—	95,286	825,015	—	95,286	825,015	920,301	—	Various	2020
Total		276,693	606,387	3,597,455	524,380	662,885	4,065,337	4,728,222	(857,812)

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Land, buildings, and improvements in the assets under construction balance as of December 31, 2020.
US
Allentown, PA		—	—	—	—	—	73	73
Anaheim, CA		—	—	—	—	—	1,222	1,222
Atlanta - Lakewood, GA		—	—	—	—	—	257	257
Atlanta - Skygate, GA		—	—	—	—	—	840	840
Atlanta - Southgate, GA		—	—	—	—	—	391	391
Atlanta - Tradewater, GA		—	—	—	—	—	2,730	2,730
Atlanta - Westgate, GA		—	—	—	—	—	1,952	1,952
Augusta, GA		—	—	—	—	—	12	12
Cartersville, GA		—	—	—	—	—	38	38
Carthage Warehouse Dist, MO		—	—	—	—	—	75	75
Chesapeake, VA		—	—	—	—	—	20	20
Columbia, SC		—	—	—	—	—	70	70
Columbus, OH		—	—	—	—	—	949	949
Dallas, TX		—	—	—	—	—	40	40
Denver-50th Street, CO		—	—	—	—	—	1	1
Dominguez Hills, CA		—	—	—	—	—	40	40
Eagan, MN		—	—	—	—	—	24	24
Fairfield, OH		—	—	—	—	—	45	45
Fremont, NE		—	—	—	—	—	47	47
Ft. Worth, TX (Meacham)		—	—	—	—	—	83	83
Ft. Worth, TX (Railhead)		—	—	—	—	—	686	686
Gainesville Candler, GA		—	—	—	—	—	54	54
Gainesville, GA		—	—	—	—	—	50	50
Gateway, GA		—	—	—	—	—	70,606	70,606
Gloucester - Rogers, MA		—	—	—	—	—	42	42
Gloucester - Rowe, MA		—	—	—	—	—	47	47
Gouldsboro, PA		—	—	—	—	—	15	15
Green Bay, WI		—	—	—	—	—	62	62
Hatfield, PA		—	—	—	—	—	362	362
Henderson, NV		—	—	—	—	—	308	308

			Initial Costs			Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)	Land	Buildings and Improvements	Costs Capitalized Subsequent to Acquisition	Land	Buildings and Improvements (2)	Total (4)	Accumulated Depreciation and Depletion (1) (6) (5)	Date of Construction	Date of Acquisition
Indianapolis, IN		—	—	—	—	—	565	565
Johnson, AR		—	—	—	—	—	178	178
Lancaster, PA		—	—	—	—	—	595	595
LaPorte, TX		—	—	—	—	—	665	665
Leesport, PA		—	—	—	—	—	164	164
Marshall, MO		—	—	—	—	—	11	11
Milwaukie, OR		—	—	—	—	—	13	13
Modesto, CA		—	—	—	—	—	994	994
Monmouth, IL		—	—	—	—	—	461	461
Mountville, PA		—	—	—	—	—	72,009	72,009
Murfreesboro, TN		—	—	—	—	—	121	121
Napoleon, OH		—	—	—	—	—	4	4
New Ulm, MN		—	—	—	—	—	17	17
Ontario, CA		—	—	—	—	—	2,542	2,542
Perryville, MD		—	—	—	—	—	179	179
Phoenix2, AZ		—	—	—	—	—	67	67
Plainville, CT		—	—	—	—	—	72,939	72,939
Plover, WI		—	—	—	—	—	200	200
Portland, ME		—	—	—	—	—	31	31
Rochelle, IL (Americold Drive)		—	—	—	—	—	5,493	5,493
Russellville, AR - Elmira		—	—	—	—	—	11,756	11,756
Russellville, AR - Valley		—	—	—	—	—	432	432
Salinas, CA		—	—	—	—	—	2,225	2,225
Salt Lake City, UT		—	—	—	—	—	605	605
Sanford, NC		—	—	—	—	—	24	24
Savannah, GA		—	—	—	—	—	233	233
Savannah 2, GA		—	—	—	—	—	377	377
Sikeston, MO		—	—	—	—	—	3	3
Springdale, AR		—	—	—	—	—	39	39
Strasburg, VA		—	—	—	—	—	279	279
Syracuse, NY		—	—	—	—	—	30	30
Tarboro, NC		—	—	—	—	—	520	520
Turlock, CA (#2)		—	—	—	—	—	1,445	1,445

				Initial Costs						Gross amount at which carried as of December 31, 2020
Property	Buildings	Encumbrances (3)		Land		Buildings and Improvements		Costs Capitalized Subsequent to Acquisition		Land		Buildings and Improvements (2)		Total (4)		Accumulated Depreciation and Depletion (1) (6) (5)		Date of Construction	Date of Acquisition
Wallula, WA		—		—		—		—		—		17		17
Watsonville, CA		—		—		—		—		—		1,422		1,422
York, PA		—		—		—		—		—		112		112
Canada
Brampton		—		—		—		—		—		353		353
Calgary		—		—		—		—		—		1,573		1,573
Australia
Arndell Park		—		—		—		—		—		898		898
Laverton		—		—		—		—		—		1,884		1,884
Murarrie		—		—		—		—		—		618		618
Prospect		—		—		—		—		—		452		452
Spearwood		—		—		—		—		—		333		333
New Zealand
Dalgety		—		—		—		—		—		22,678		22,678
Diversey		—		—		—		—		—		782		782
Halwyn Dr		—		—		—		—		—		34		34
Mako Mako		—		—		—		—		—		54		54
Manutapu		—		—		—		—		—		4		4
Paisley		—		—		—		—		—		223		223
Smarts Rd		—		—		—		—		—		112		112
Total in assets under construction		—		—		—		—		—		287,906		287,906		—
Total assets		$	276,693	$	606,387	$	3,597,455	$	524,380	$	662,885	$	4,353,243	$	5,016,126	$	(857,812)

Schedule III – Footnotes

(1) Reconciliation of total accumulated depreciation to consolidated balance sheet caption as of December 31, 2020:
Total per Schedule III	$	(857,812)
Accumulated depreciation on investments in non-real estate assets	(565,423)
Total accumulated depreciation per consolidated balance sheet (property, buildings and equipment and financing leases)	$	(1,423,235)
(2) Reconciliation of total Buildings and improvements to consolidated balance sheet as of December 31, 2020:
Building and improvements per consolidated balance sheet	$	4,004,824
Building and improvements financing leases per consolidated balance sheet	60,513
Assets under construction per consolidated balance sheet	303,531
Less: personal property assets under construction	(15,625)
Total per Schedule III	$	4,353,243
(3) Reconciliation of total mortgage notes, senior unsecured notes and term loan to consolidated balance sheet caption as of December 31, 2020:
Total per Schedule III	$	276,693
Unsecured	2,387,525
Deferred financing costs, net of amortization	(15,952)
Total mortgage notes, senior unsecured notes and term loan per consolidated balance sheet*	$	2,648,266
*Total mortgage notes, senior unsecured notes, and term loan does not include $4.7M of secured notes related to the Monmouth, IL facility. Refer to footnote 17 for additional details.
(4) The aggregate cost for Federal tax purposes at December 31, 2020 of our real estate assets was approximately $3.4 billion.
(5) The life on which depreciation is computed ranges from 5 to 43 years.
(6) The following table summarizes the Company’s real estate activity and accumulated depreciation for the years ended December 31:

		2020		2019		2018
Real Estate Facilities, at Cost:
	Beginning Balance	$	3,729,589	$	2,575,367	$	2,506,656
	Capital expenditures	287,220		177,268		50,680
	Acquisitions	1,662,650		975,045		—
	Newly developed warehouse facilities	58,807		21,316		62,353
	Disposition	(62,225)		(7,409)		(30,199)
	Impairment	(2,153)		(12,555)		(747)
	Conversion of leased assets to owned	7,956		—		8,405
	Impact of foreign exchange rate changes	24,916		557		(21,781)
	Ending Balance	5,706,760		3,729,589		2,575,367
Accumulated Depreciation:
	Beginning Balance	(936,422)		(827,892)		(770,006)
	Depreciation expense	(146,237)		(114,512)		(87,355)
	Dispositions	8,731		6,679		24,672
	Impact of foreign exchange rate changes	(6,994)		(697)		4,797
	Ending Balance	(1,080,922)		(936,422)		(827,892)
Total Real Estate Facilities, Net at December 31		$	4,625,838	$	2,793,167	$	1,747,475

The total real estate facilities amounts in the table above include $165.2 million, $76.8 million, and $80.3 million of assets under sale-leaseback agreements accounted for as a financing as of December 31, 2020, 2019 and 2018, respectively. The Company does not hold title in these assets under sale-leaseback agreements. As of December 31, 2020 and 2019, the Company has no facilities classified as held for sale.

In 2020, the Company recognized real estate impairment charges of $2.2 million, which included, $1.2 million for costs incurred on a potential development project which the Company determined it would not move forward with, the write-off primarily related to “Assets Under Construction” on the accompanying Consolidated Balance Sheets; $0.5 million related to refrigeration assets that were subsequently deemed unusable following the sale and exit of the Boston warehouse, which primarily impacted “Machinery & Equipment” on the accompanying Consolidated Balance Sheets. The Boston facility was sold for a gain of $20.1 million, which was recorded to “gain on sale of real estate” in the accompanying Consolidated Statement of Operations, and primarily related to buildings with lesser amounts related to machinery, handling, & equipment and land; and $0.5 million related to the sale of vacant land in Waco, TX. During the first quarter of 2019, the company wrote down 75% of a facility to be partially demolished and reconstructed resulting in an impairment of $9.6 million. During the second quarter of 2019, the Company sold an idle facility, which was written down earlier in 2019 resulting in an impairment charge of $2.9 million. During the second quarter of 2018, the Company sold a facility resulting in an $8.4 million gain on sale of real estate. In preparation of the warehouse disposal, the Company transferred most of its customers inventory to other owned warehouses within the same region.

In January 2020, the Company acquired four facilities in connection with the Nova Cold Acquisition, with total property, buildings and equipment of $171.9 million. Additionally in January 2020, the Company acquired one facility in connection with the Newport Acquisition, with total property, buildings and equipment of $30.2 million. In August 2020, the Company acquired 2 facilities in connection with the AM-C Warehouse Acquisition, with total property, buildings and equipment of $53.2 million. Additionally in August 2020, the Company acquired a single facility in connection with the Caspers Acquisition, with total property, buildings and equipment of $25.2 million. During the third quarter of 2020, the Company purchased two international facilities that were previously operated under a lease agreement for $8.1 million. During November 2020, the Company acquired eight facilities in connection with the Hall’s Acquisition, with total property, buildings and equipment of $332.7 million. On December 30, 2020, the Company completed the Agro Acquisition, with total property, buildings and equipment of $1.08 billion. In February 2019, the Company acquired one facility and adjacent land in connection with the PortFresh Acquisition, with total property, buildings and equipment of $35.0 million. In May 2019, the Company acquired 21 facilities in connection with the Cloverleaf Acquisition, with total property, buildings and equipment of $891.3 million. Additionally, in May 2019, the Company acquired two facilities in connection with the Lanier Acquisition, with total property, buildings and equipment of 60.0 million. In November 2019, the Company acquired two facilities in connection with the MHW Acquisition, with total property, buildings and equipment of $50.1 million. During the fourth quarter of 2018, the Company disposed of an idle facility, previously classified as held for sale, for a $0.9 million loss on sale of real estate, and purchased a portion of a facility that was previously operated under a lease agreement with a purchase price of $13.8 million.

(7) Reconciliation of the Company’s real estate activity and accumulated depreciation for the years ended December 31, 2020 to Schedule III:
Total real estate facilities gross amount per Schedule III	$	5,016,126
Plus: Refrigeration equipment	690,625
Less: Quarry CIP	9
Real estate facilities, at cost - ending balance	$	5,706,760
Accumulated depreciation per Schedule III	$	(857,812)
Plus: Refrigeration equipment	(223,110)
Accumulated depreciation - ending balance	$	(1,080,922)

(8) The Agro acquisition closed on December 30, 2020. As a result, the acquisition accounting was preliminary as of December 31, 2020, and was not allocated to individual warehouses. The Company will make allocations to individual sites during the measurement period in 2021 and update accordingly in our Annual Form on 10-K for the year ended December 31, 2021. Refer to Note 3 of the Consolidated Financial Statements for further details.

(9) The Hall’s acquisition closed on November 2, 2020. As a result, the acquisition accounting was preliminary as of December 31, 2020, and was not allocated to individual warehouses. The Company will make allocations to individual sites during the measurement period in 2021 and update accordingly in our Annual Form on 10-K for the year ended December 31, 2021. Refer to Note 3 of the Consolidated Financial Statements for further details.