INVESTMENT PORTFOLIO

Separator-Image-Blue

We believe in looking past the spin of a sales brochure, to the cracks in the pavement. Understanding the details of a property, most notably its imperfections, is essential to evaluating its ability to produce revenue long-term.

INVESTMENT MIX

Our portfolio is diversified across a number of measures, including tenancy, lease duration, financing terms, and geography. This mix of supports long-term, sustainable and increasing cash flows.

Diversified by Industry
(As of December 31, 2025)
IndustrialOfficeLand
75.9623.950.08

PHYSICAL OCCUPANCY

(As of December 31, 2025)

Sterling Office and Industrial Trust measures physical occupancy of our investment properties. Tracking physical occupancy reveals the level of vacancy.

Physical Occupancy
quarterpercent
Q4 20240.9428
Q1 20250.9471
Q2 20250.9467
Q3 20250.9496
Q4 20250.9454
Physical Occupancy by State
statepercent
IN1
KS0.8125
MN1
NE0.6941
ND1
SD0.9721
WI1

GEOGRAPHIC MIX

In 2025, Sterling Office and Industrial Trust’s operating partnership, Sterling Office and Industrial Properties, LLLP, directly owned 48 properties in eight states. We intend to maintain a long-term, buy-and-hold mentality while expanding our footprint throughout the United States.

Diversified by State
(As of December 31, 2025)
WisconsinMinnesotaNebraskaSouth DakotaNorth DakotaKansasIndianaTexasArizona
25.8718.814.1612.8210.129.875.143.210

TOTAL SQUARE FEET

(As of December 31, 2025)
Industrial Square Feet
quartersquare feet
Q4 20242343830
Q1 20252343830
Q2 20252758218
Q3 20252694600
Q4 20252694203
Office Square Feet
quartersquare feet
Q4 2024748685
Q1 2025748758
Q2 2025748954
Q3 2025748954
Q4 2025749574

OFFICE & INDUSTRIAL PROPERTIES

Separator-Image-Blue

View a comprehensive list of the office and industrial properties in our portfolio.