Subsequent Events

9 Months Ended

Sep. 30, 2020

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Subsequent to September 30, 2020, the Company:

•disposed of three properties for an aggregate gross disposition price of approximately $39,634;

•entered into an agreement to fund a build-to-suit industrial property in the Phoenix, Arizona market for an estimated cost of $72,000, which will be subject to a 15-year net lease;

•entered into forward sales transactions under the ATM program for the sale of 153,441 common shares that have not yet been settled. The shares have an initial weighted-average sales price of $11.03 per common share, which is subject to adjustment in accordance with the sales contract; and

•declared a common share/unit dividend/distribution of $0.1075 per share/unit, an increase of 2.4%.