| Amortization of lease intangible assets and lease intangible liabilities |
Amortization of lease intangible assets and lease intangible liabilities for the three and nine months ended September 30, 2025 and 2024 were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
|
|
2025 |
|
2024 |
|
2025 |
|
2024 |
| Amortization of: |
|
|
|
|
|
|
|
|
| In-place lease intangibles |
|
$ |
1,086 |
|
|
$ |
1,148 |
|
|
$ |
3,284 |
|
|
$ |
3,510 |
|
| Above market lease intangibles |
|
1,817 |
|
|
1,881 |
|
|
$ |
5,522 |
|
|
$ |
5,679 |
|
| Below market lease intangibles |
|
1,103 |
|
|
1,264 |
|
|
$ |
3,345 |
|
|
$ |
3,919 |
|
|
| Dispositions |
The following table summarizes the disposition activity during the nine months ended September 30, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sale Date |
|
Location |
|
Property Type |
|
Ownership |
|
Square Footage |
|
Gross Sales Proceeds |
|
Aggregate Proceeds, Net |
|
Gain (Loss) |
|
| 5/23/25 |
|
Miami, FL |
|
Retail |
|
Ground Leasehold |
|
191 |
|
|
$ |
15,576 |
|
|
$ |
15,147 |
|
|
$ |
6,230 |
|
|
| 5/23/25 |
|
Pittsburgh, PA |
|
Retail |
|
Fee Simple |
|
182 |
|
|
5,260 |
|
|
5,080 |
|
|
(110) |
|
|
| 9/4/2025 |
|
New Braunfels, TX |
|
Retail |
|
Fee Simple |
|
104 |
|
|
4,942 |
|
|
4,820 |
|
|
(1,391) |
|
|
| 9/4/2025 |
|
Houston, TX |
|
Retail |
|
Fee Simple |
|
104 |
|
|
7,412 |
|
|
7,218 |
|
|
(456) |
|
|
|
|
|
|
|
|
|
|
581
|
|
|
$ |
33,190
|
|
|
$ |
32,265
|
|
|
$ |
4,273
|
|
|
The following table summarizes the disposition activity during the nine months ended September 30, 2024:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sale Date |
|
Location |
|
Property Type |
|
Ownership |
|
Square Footage |
|
Gross Sales Proceeds |
|
Aggregate Proceeds, Net |
|
Gain |
|
|
| 3/15/24 |
|
Transnational Portfolio (1) |
|
Retail |
|
Fee Simple |
|
302 |
|
|
$ |
16,459 |
|
|
$ |
16,096 |
|
|
$ |
1,497 |
|
|
|
| 6/10/24 |
|
Roseville, CA |
|
Retail |
|
Fee Simple |
|
167 |
|
|
13,364 |
|
|
13,113 |
|
|
1,026 |
|
|
|
| 9/30/24 |
|
Miami, FL |
|
Retail |
|
Fee Simple |
|
150 |
|
|
12,249 |
|
|
12,107 |
|
|
1,869 |
|
|
|
|
|
|
|
|
|
|
|
619
|
|
|
$ |
42,072
|
|
|
$ |
41,316
|
|
|
$ |
4,392
|
|
|
|
(1) Portfolio comprised of three Retail Properties located in Newnan, GA, Aurora, CO and Kissimmee, FL.
|