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Subsequent Events
3 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
From April 1, 2016 to April 28, 2016, we acquired one industrial property and one land parcel for a purchase price of approximately $23,266, excluding costs incurred in conjunction with such acquisitions. During the same period, we sold five industrial properties for approximately $15,418.
Additionally, on April 5, 2016, the Company issued 5,600,000 shares of the Company's common stock in an underwritten public offering. Proceeds to the Company, net of the underwriter's discount, were $124,936. The proceeds were contributed to the Operating Partnership in exchange for General Partner Units and will be reflected in the financial statements as a general partner contribution.