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Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Components of Operating Lease Income from Industrial Property

The following table details the components of operating lease income ($ in thousands):

 

 

For the Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Fixed lease payments

 

$

25,005

 

 

$

7,055

 

Variable lease payments

 

 

4,667

 

 

 

1,215

 

Rental revenue

 

$

29,672

 

 

$

8,270

 

Schedule of Future Minimum Rents Expects to Recieve from Industrial Property

The following table presents the future minimum rents the Company expects to receive from its retail and industrial properties as of March 31, 2026 ($ in thousands):

Year

 

Amount

 

2026 (remaining)

 

$

25,410

 

2027

 

 

33,917

 

2028

 

 

32,762

 

2029

 

 

29,668

 

2030

 

 

25,910

 

Thereafter

 

 

135,331

 

Total

 

$

282,998