2 unchanged sentences
Square Feet Occupancy Percentage of Annualized GAAP Rental Revenue (1)
−Removed: Nashville 5,098,000 89.0 % 20.3 %
Raleigh 5,827,000 89.3 % 21.6 %
+Added: Nashville 5,105,000 81.8 18.7
Atlanta 4,622,000 86.4 16.9
−Removed: Tampa 3,196,000 87.8 12.3
Charlotte 2,402,000 87.1 12.8
+Added: Tampa 2,523,000 88.8 10.3
Orlando 1,789,000 87.6 6.2
12 unchanged sentences
Net Change in Rentable Square Footage (370) (12) (378)
−Removed: (1) Increase in square footage during 2024 is due to the inclusion of in-service properties owned by consolidated and unconsolidated joint ventures (at our share).
+Added: (1) The decrease in square footage during 2025 was primarily due to two non-core assets encompassing 0.4 million rentable square feet that were taken out of service during 2025, which resulted from a change in our assumptions about the use of such assets.
+Added: The increase in square footage during 2024 was due to the inclusion of in-service properties owned by consolidated and unconsolidated joint ventures (at our share).
See Explanatory Note.
16 unchanged sentences
Asurion 543,794 27,620 3.47 10.8
−Removed: Metropolitan Life Insurance 667,228 21,228 2.66 6.2
Federal Government 748,955 21,600 2.71 3.6
+Added: Metropolitan Life Insurance 667,228 20,631 2.59 5.2
Bridgestone Americas 506,128 19,089 2.40 11.7
PPG Industries 370,927 11,058 1.39 5.5
−Removed: Vanderbilt University 294,389 9,672 1.21 4.9
+Added: Advance Auto Parts 218,043 9,944 1.25 6.8
Mars Petcare 223,700 9,817 1.23 5.4
−Removed: Albemarle Corporation 162,368 7,154 0.90 9.1
−Removed: Bass, Berry & Sims 213,951 6,987 0.87 0.1
+Added: Vanderbilt University 294,389 9,342 1.17 3.8
Morgan Chase & Co.
183,864 6,464 0.81 2.4
−Removed: State of Georgia 302,443 6,144 0.77 1.6
+Added: CapFinancial Group 135,631 6,360 0.80 10.6
+Added: Albemarle Corporation 139,242 6,215 0.78 10.2
Deloitte 132,328 5,993 0.75 4.9
Lifepoint Corporate Services 202,991 5,978 0.75 3.2
−Removed: Delta Community Credit Union 128,589 5,531 0.69 7.8
−Removed: CapFinancial Group 120,847 5,495 0.69 8.6
+Added: Robinson Bradshaw & Hinson PA 101,502 5,712 0.72 14.4
Regus 169,833 5,564 0.70 4.6
−Removed: Fisher Asset Management 179,184 5,255 0.66 5.3
−Removed: The Cigna Group 180,728 5,187 0.65 3.0
+Added: Delta Community Credit Union 128,589 5,522 0.69 6.8
Global Payments 168,051 5,240 0.66 7.2
+Added: PNC Bank 146,394 4,707 0.59 2.9
+Added: Martin Marietta 125,432 4,509 0.57 10.3
Total 5,827,811 $ 225,681 28.34 % 7.3
26 unchanged sentences
(3) Includes 46,000 rentable square feet of leases that are on a month-to-month basis, which represent 0.2% of total annualized GAAP rental revenue.
−Removed: In-Process Development
−Removed: The following table summarizes our in-process office development activity as of December 31, 2024:
−Removed: Property Market Own % Consolidated (Y/N) Rentable Square Feet Anticipated Total Investment (1)
−Removed: Investment as of December 31, 2024 Pre Leased % Estimated Completion Estimated Stabilization
−Removed: ($ in thousands)
−Removed: 23Springs Dallas 50.0 % N 642,000 $ 460,000 $ 299,422 61.6 % 1Q 25 1Q 28
−Removed: Midtown East Tampa 50.0 % N 143,000 83,000 53,510 34.5 1Q 25 2Q 26
−Removed: GlenLake Two Retail (2) Raleigh 100.0 % Y 8,600 8,100 1,241 100.0 1Q 26 1Q 26
−Removed: 793,600 $ 551,100 $ 354,173 57.1 %
−Removed: (1) Includes estimated lease up costs for tenant improvements and lease commissions until the property has reached stabilization.
−Removed: (2) Will be recorded in development-in-process on our Consolidated Balance Sheets once we begin construction on the project.
Land Held for Development
6 unchanged sentences
Square Feet Weighted
+Added: Atlanta 136,000 50.0 % 88.2 %
Dallas 542,000 50.0 94.8
1 unchanged sentence
292,000 50.0 88.9
−Removed: Richmond 354,000 50.0 100.0
152,000 80.0 100.0
3 unchanged sentences
(3) The Midtown West joint venture in Tampa is consolidated.
−Removed: In addition, we own 50.0% interests in 2827 Peachtree (Atlanta), Granite Park Six (Dallas), 23Springs (Dallas) and Midtown East (Tampa), four unconsolidated joint ventures that are currently developing projects that have not yet been placed in service.
+Added: In addition, as of December 31, 2025, we owned 50.0% interests in Granite Park Six (Dallas), 23Springs (Dallas) and Midtown East (Tampa), three unconsolidated joint ventures that are currently developing projects that have not yet been placed in service.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.