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Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Real Estate Investments For acquisitions not denominated in USD, the amounts have been presented in USD at the prevailing foreign exchange rate on the acquisition date:
Year Ended December 31, 2025
Property TypeAcquisition ValueNumber of Properties
Square Feet
(in thousands) (3)
Industrial (1) (2)
$859,294 104,718 
Retail408,337 311,208 
Land144,834 326,927 
Total$1,412,465 4432,853 
__________________
(1)     The Company issued $17,100 of OP Units as consideration for the acquisition of one of the industrial properties.
(2)    Includes assets held in consolidated joint ventures further described below.
(3)    A portion of the square footage for the industrial properties includes properties related to build-to-suit assets.

Year Ended December 31, 2024
Property TypeAcquisition ValueNumber of Properties
Square Feet
(in thousands)
Industrial$302,277 323,799 
Retail263,542 15290 
Total$565,819 474,089 

The following table details the purchase price allocation for the properties acquired during the years ended December 31, 2025 and 2024:
Year Ended December 31,
20252024
Buildings$853,191 $194,648 
Land and land improvements (1)
228,787 67,839 
Construction in process (1)
25,102 48,050 
Financing receivables218,021 228,292 
In-place lease intangibles46,502 14,172 
Other lease intangibles38,406 15,507 
Above-market lease intangible liabilities2,673 158 
Below-market lease intangible liabilities(217)(2,847)
Total$1,412,465 $565,819 
(1)    Includes assets held in a consolidated joint venture further described below.