Nick Ulico

“So, Dave, I just wanted to go back to your commentary on the DPE book and the likely wind down there and the earnings impact. I think you said it's about a penny dilution for each $100 million not redeployed into DPE.”

“I wanted to see, in terms of the guidance for the year on same-store revenue growth, could we get a feel for what's assumed for the different regions? In particular, I'm just wondering, like, for Northern California, I think you're up about 4% year over year in the first half of the year?”

“First question is just in terms of, as you think about like the NOI impact on the whole portfolio over the next several quarters. It's a little bit easier to model, you know, the asset sales.”

“So first question is, I guess, just turning towards some of the expirations. You talked about getting addressed for 2026, and I know you had a higher also retention ratio this quarter.”

“I guess maybe first off, you know, since in terms of the strategic plan, a lot of the upside feels like is, you know, in the lease-up portfolio. Can you just talk a little bit more about, you know, composition of that portfolio, if it's all multi-tenant or if there's any single tenant?”