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Real Estate Properties (Tables)
9 Months Ended
Sep. 30, 2012
Real Estate Properties  
Schedule of acquisitions related to real estate properties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired

 

Real Estate

 

 

 

Premium

 

 

 

 

 

Square

 

Purchase

 

 

 

Buildings and

 

Real Estate

 

Lease

 

Assumed

 

on Assumed

 

Date

 

Location

 

Feet

 

Price(1)

 

Land(2)

 

Improvements(2)

 

Leases(2)

 

Obligations(2)

 

Debt

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CWH (excluding SIR) Acquisitions through September 30, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

January 2012

 

Chicago, IL

 

1,009,940

 

$

150,600

 

$

30,400

 

$

115,817

 

$

22,189

 

$

5,348

 

$

147,872

 

$

12,458

 

March 2012

 

Hartford, CT

 

868,395

 

101,500

 

15,930

 

60,312

 

25,542

 

284

 

 

 

May 2012

 

Austin, TX

 

170,052

 

49,000

 

7,900

 

38,533

 

4,733

 

30

 

29,012

 

2,136

 

September 2012

 

Columbia, SC

 

334,075

 

60,000

 

1,661

 

53,058

 

11,375

 

3,932

 

40,328

 

2,162

 

 

 

 

 

2,382,462

 

361,100

 

55,891

 

267,720

 

63,839

 

9,594

 

217,212

 

16,756

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIR Acquisitions through September 30, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

June 2012

 

Provo, UT

 

405,699

 

85,500

 

6,700

 

78,800

 

 

 

 

 

June 2012

 

Englewood, CO

 

140,162

 

18,900

 

3,230

 

11,801

 

3,869

 

 

 

 

July 2012

 

Windsor, CT

 

268,328

 

27,175

 

4,250

 

16,695

 

6,230

 

 

 

 

July 2012

 

Topeka, KS

 

143,934

 

19,400

 

1,300

 

15,918

 

2,182

 

 

 

 

August 2012

 

Huntsville, AL

 

1,370,974

 

72,782

 

4,030

 

68,752

 

 

 

 

 

September 2012

 

Carlsbad, CA

 

95,000

 

24,700

 

3,450

 

19,800

 

2,934

 

 

18,500

 

1,484

 

September 2012

 

Chelmsford, MA

 

110,882

 

12,200

 

2,040

 

8,532

 

2,292

 

217

 

7,500

 

447

 

 

 

 

 

2,534,979

 

260,657

 

25,000

 

220,298

 

17,507

 

217

 

26,000

 

1,931

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,917,441

 

$

621,757

 

$

80,891

 

$

488,018

 

$

81,346

 

$

9,811

 

$

243,212

 

$

18,687

 

 

 

(1)                 Purchase price includes the assumption of mortgage debt, if any, and excludes closing costs.

(2)                 The allocation of purchase price is based on preliminary estimates and may change upon completion, among other reasons, of (i) third party appraisals and (ii) our analysis of acquired in place leases and building valuations.

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

 

 

 

 

Three Months

 

Nine Months

 

 

 

Ended

 

Ended

 

 

 

September 30,
2011

 

September 30,
2011

 

Rental income

 

$

6,573

 

$

20,426

 

Operating expenses

 

(3,284

)

(9,428

)

Depreciation and amortization

 

(1,336

)

(4,467

)

General and administrative

 

(228

)

(717

)

Acquisition related costs

 

(5

)

(148

)

Operating income

 

1,720

 

5,666

 

 

 

 

 

 

 

Interest income

 

 

3

 

Income from discontinued operations

 

$

1,720

 

$

5,669