Asset SalesAsset sales are on track, with ARE executing or having letters of intent for $1.5 billion, which is close to the guidance midpoint and potentially exceeding it.
Leasing ActivityLeasing activity has picked up significantly, with ARE executing on 1.5 million square feet of leasing, surpassing historical averages.
Portfolio GrowthThe faster pace of non-core sales should fast-track the relative growth of mega-campuses from 74% of the portfolio today, to over 90% in a few years.