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Subsequent Events
6 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
In July 2024, the Company repaid the $100.0 million tranche of 7-year Senior Unsecured Notes using existing cash on hand. The notes bore interest at 3.8% and had an original maturity date of July 14, 2024.
On August 1, 2024, the Company acquired one industrial property in Washington, D.C. for a total purchase price of approximately $7.6 million. The property was acquired from an unrelated third party using existing cash on hand.
On August 6, 2024, the Company’s board of directors declared a cash dividend in the amount of $0.49 per share of its common stock payable on October 11, 2024 to the stockholders of record as of the close of business on September 30, 2024.