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Investments in Real Estate (Tables)
 12 Months Ended
Dec. 31, 2021
Real Estate [Abstract]  
Schedule of wholly-owned industrial properties The following table sets forth the wholly-owned industrial properties the Company acquired during the year ended December 31, 2021:
Property NameLocationAcquisition DateNumber of
Buildings		Square
Feet
Purchase Price
(in thousands)1
Acreage
256 Paterson PlankCarlstadt, NJJanuary 13, 20211 16,159 $10,625 —
117th Place NEKirkland, WAFebruary 25, 20211 126,721 33,750 —
Countyline #24 & #25Hialeah, FLMarch 17, 20212 273,577 48,114 —
EdisonSan Leandro, CAMarch 31, 20213 112,392 17,600 —
73rd StreetMiami, FLApril 6, 2021— — 5,800 5.8
68th KentKent, WAApril 13, 20212 67,120 10,000 —
East GishSan Jose, CAApril 22, 2021— — 8,004 2.2
Gramercy PlaceTorrance, CAMay 12, 20211 17,407 6,290 —
Occidental AvenueSeattle, WAMay 12, 20213 51,853 16,450 —
SW 16th StreetRenton, WAJune 14, 2021— — 7,615 2.9
Countyline #26Hialeah, FLJuly 14, 20211 220,942 39,409 —
13020 & 13030 Cerise Hawthorne, CAJuly 14, 20212 21,846 8,075 —
1150 & 1250 W. Trenton AveOrange, CAJuly 30, 20212 34,224 9,335 —
MLK 9801Seattle, WAAugust 11, 2021— — 11,900 3.1
MLK 9845Seattle, WAAugust 11, 2021— — 15,750 3.4
MLK 9600Seattle, WAAugust 11, 2021— — 22,350 5.2
Foley StreetHayward, CAAugust 26, 20212 40,504 8,250 —
Paterson Plank IIICarlstadt, NJAugust 27, 2021— — 17,850 4.9
97 Third StreetKearny, NJSeptember 27, 2021— — 26,250 5.4
13025 CeriseHawthorne, CASeptember 30, 20211 21,000 7,875 —
WoodinvilleWoodinville, WAOctober 1, 20211 84,238 23,600 —
190 MorganBrooklyn, NYOctober 12, 20211 11,881 4,450 —
San PedroGardena, CAOctober 15, 2021— — 8,800 2.0
228 North AvenueElizabeth, NJOctober 20, 20211 30,978 44,000 —
PickettAlexandria, VAOctober 29, 20211 27,683 9,000 —
BerryessaSan Jose, CAOctober 29, 2021— — 23,000 7.2
768 772 CeresLos Angeles, CANovember 18, 20212 16,887 7,661 —
TuxedoHyattsville, MDNovember 23, 2021— — 8,000 2.9
Maple IIRancho Dominguez, CANovember 30, 2021— — 13,800 2.3
EisenhowerAlexandria, VADecember 10, 20213 199,396 60,750 —
4501 46th StreetBladensburg, MDDecember 13, 2021— — 11,850 4.4
Countyline #27 & #28Hialeah, FLDecember 15, 20212 401,906 74,142 —
Woodinville IIWoodinville, WADecember 23, 20212 118,310 33,500 —
WillowsRedmond, WADecember 27, 2021— — 3,500 0.8
Total/Weighted Average34 1,895,024 $657,345 52.5
1Excludes intangible liabilities and mortgage premiums, if any. The total aggregate initial investment was approximately $682.0 million, including $12.6 million in capitalized closing costs and acquisition costs and $34.2 million in assumed intangible liabilities and $22.1 million in other credits related to near term capital expenditures at the Countyline #24 & #25, Countyline #26 and Countyline #27 & #28 properties.
The following table sets forth the wholly-owned industrial properties the Company acquired during the year ended December 31, 2020:
Property NameLocationAcquisition DateNumber of
Buildings		Square
Feet
Purchase Price
(in thousands) 1
Acreage
Old BayshoreSan Jose, CAMarch 12, 2020— — $11,784 2.7
GladwickRancho Dominguez, CAMarch 12, 20201 65,670 17,950 —
84th KentKent, WAApril 17, 2020— — 4,500 2.8
HudsonSeattle, WAMay 31, 20201 13,000 5,611 —
Starlite StreetSouth San Francisco, CAJuly 10, 20201 22,275 6,300 —
Aviation BlvdInglewood, CAOctober 26, 2020— — 10,000 1.9
Porter StreetLos Angeles, CANovember 5, 20201 12,618 4,400 —
SE 32nd StreetBellevue, WANovember 6, 20201 38,883 11,737 —
Maple StreetRancho Dominguez, CADecember 5, 2020— — 9,750 2.5
E. MarginalTukwila, WADecember 30, 2020— — 6,625 2.1
McLarenIrvine, CADecember 30, 20201 11,348 8,000 —
Total/Weighted Average6 163,794 $96,657 12.0
1Excludes intangible liabilities and mortgage premiums, if any. The total aggregate initial investment was approximately $100.4 million, including $1.6 million in capitalized closing costs and acquisition costs and $2.2 million in assumed intangible liabilities.