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Industrial Portfolio at a Glance
109
Industrial Properties
52.5
Million Square Feet
77%
Top 25 Markets
99.5%1
Leased
6.5 years2
Weighted Average
Lease Term
8.8 years
Average Portfolio Age
2.5%
Average Annual
Rental Escalations
EXPLORE
Searched Properties
EXPLORE
Featured Properties
Note: Industrial Portfolio statistics as of 12/31/2022. 1. Stabilized portfolio % leased. 2 Weighted-Average Lease Term. Cash basis for consolidated properties owned as of 12/31/2022.
Derrick Johnson
Independent Trustee
Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.
Experience:
- Senior Vice President of Operations at Agiliti, a medical equipment management and services company, since March 2021
- Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
- Member of the Georgia Commission on Freight and Logistics
- Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)
Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.