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ACQUISITIONS (Tables) - Two Kaiser Plaza
9 Months Ended
Sep. 30, 2015
Acquisitions  
Schedule of acquisitions

                                                                                                                                                                                    

Property

 

Asset Type

 

Date of
Acquisition

 

Square Feet

 

Purchase
Price

 

 

 

 

 

 

 

 

 

(in thousands)

 

Two Kaiser Plaza, Oakland, CA

 

Surface parking lot

 

 

August 26, 2015

 

 

44,642 

 

$

11,143 

 

 

Schedule of the fair value of the assets acquired and liabilities assumed

The fair values of the assets acquired and liabilities assumed for the above-noted acquisition during the nine months ended September 30, 2015 are as follows:

                                                                                                                                                                                    

 

 

2015
Acquisition

 

 

 

(in thousands)

 

Land

 

$

10,931 

 

Land improvements

 

 

110 

 

Acquired in-place lease(1)

 

 

102 

 

​  

​  

Net assets acquired

 

$

11,143 

 

​  

​  

​  

​  


 

 

(1)          

In-place lease has an amortization period of 3.0 years.