Industrial Logistics Properties Trust (ILPT) 8-K Industrial Logistics Properties Trust Announces First Quarter 2019 Results

20 Logistics Boulevard, Walton, KY Exhibit 99.2 Square Feet: 603,586 Tenant: Cummins Inc. First Quarter 2019 Supplemental Operating and Financial Data 1 All amounts in this report are unaudited.

TABLE OF CONTENTS PAGE/ EXHIBIT CORPORATE INFORMATION Company Profile 4 Investor Information 5 Research Coverage 6 FINANCIALS Key Financial Data 8 Condensed Consolidated Balance Sheets 9 TABLE OF CONTENTS TABLE Condensed Consolidated Statements of Income 10 Condensed Consolidated Statements of Cash Flows 11 Debt Summary 13 Debt Maturity Schedule 14 Leverage Ratios and Coverage Ratios 15 Capital Expenditures Summary 16 Property Acquisitions and Dispositions Information Since 1/1/19 17 Calculation and Reconciliation of NOI and Cash Basis NOI 18 Reconciliation of NOI to Same Property NOI and Calculation of Same Property Cash Basis NOI 19 Calculation of EBITDA, EBITDAre and Adjusted EBITDAre 20 Calculation of FFO and Normalized FFO 21 Definitions of Certain Non-GAAP Financial Measures 22 PORTFOLIO INFORMATION Portfolio Summary by Property Type 24 Same Property Results of Operations by Property Type 25 Leasing Summary 27 Occupancy and Leasing Analysis by Property Type 28 Tenant Credit Characteristics 29 Pro Forma Tenant Credit Characteristics 30 Tenants Representing 1% or More of Total Annualized Rental Revenues 31 Five Year Lease Expiration and Reset Schedule by Property Type 32 Pro Forma Five Year Lease Expiration and Reset Schedule by Property Type 33 Portfolio Lease Expiration Schedule 34 Pro Forma Portfolio Lease Expiration Schedule 35 EXHIBIT A Property Detail 37 WARNING CONCERNING FORWARD-LOOKING STATEMENTS 47 2

996 Paragon Way, Rock Hill, SC Square Feet: 945,023 Tenant: Exel Inc. CORPORATE INFORMATION 3

COMPANY PROFILE The Company: Industrial Logistics Properties Trust, or ILPT, we, our or us, is a real estate investment trust, or REIT, that owns and leases industrial and logistics properties throughout the United States. On January 17, 2018, we completed our initial public offering, or the IPO. For Corporate Headquarters: the periods prior to January 17, 2018, our results of operations relate to 266 properties contributed by our former parent, Select Income REIT, or SIR, a former publicly traded REIT that merged with and into a wholly owned subsidiary of Office Properties Income Trust, Two Newton Place or OPI, on December 31, 2018. As of March 31, 2019, we owned 277 properties with approximately 33.2 million rentable square feet 255 Washington Street, Suite 300 located in 28 states, including 226 buildings, leasable land parcels and easements with approximately 16.8 million rentable square Newton, MA 02458-1634 feet that are primarily industrial lands located in Hawaii. We are included in the Russell 2000® Index, the Russell 3000® Index, the (t) (617) 219-1460 MSCI U.S. REIT Index and the FTSE EPRA/NAREIT United States Index. COMPANY PROFILE COMPANY Management: Stock Exchange Listing: ILPT is managed by The RMR Group LLC, the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR). RMR is an alternative Nasdaq asset management company that was founded in 1986 to manage real estate companies and related businesses. RMR primarily provides management services to four publicly traded equity REITs and three real estate related operating businesses. In addition to Trading Symbol: managing ILPT, RMR manages Hospitality Properties Trust, a REIT that owns hotels and travel centers, Office Properties Income Trust, a REIT that owns office buildings primarily leased to single tenants and those with high credit quality characteristics such as Common Shares: ILPT government entities, and Senior Housing Properties Trust, a REIT that primarily owns healthcare, senior living and medical office buildings. RMR also provides management services to Five Star Senior Living Inc., a publicly traded operator of senior living communities, Sonesta International Hotels Corporation, a privately owned operator and franchisor of hotels and cruise ships, and TravelCenters of America LLC, a publicly traded operator and franchisor of travel centers along the U.S. Interstate Highway System and restaurants. RMR also advises the RMR Real Estate Income Fund, a publicly traded closed end fund that invests in publicly Key Data (as of and for the three traded securities of real estate companies, and Tremont Mortgage Trust, a publicly traded mortgage REIT, through wholly owned SEC months ended March 31, 2019): registered investment advisory subsidiaries, as well as manages the RMR Office Property Fund, a private, open end core plus fund (dollars and sq. ft. in 000s) focused on the acquisition, ownership and leasing of a diverse portfolio of multi-tenant office properties throughout the U.S. As of March 31, 2019, RMR had $30.0 billion of real estate assets under management and the combined RMR managed companies had approximately $12 billion of annual revenues, over 1,500 properties and approximately 50,000 employees. We believe that being Total properties 277 managed by RMR is a competitive advantage for ILPT because of RMR’s depth of management and experience in the real estate Total sq. ft. 33,243 industry. We also believe RMR provides management services to us at costs that are lower than we would have to pay for similar Percent leased 99.4% quality services. Q1 2019 Rental income $ 45,987 Q1 2019 Net income $ 16,786 Q1 2019 Normalized FFO (1) $ 26,397 (1) See page 21 for the calculation of FFO and Normalized FFO and a reconciliation of net income determined in accordance with U.S. generally accepted accounting principles, or GAAP, to those amounts. 4

INVESTOR INFORMATION Board of Trustees Bruce M. Gans Lisa Harris Jones Joseph L. Morea Independent Trustee Independent Trustee Independent Trustee John G. Murray Adam D. Portnoy Managing Trustee Managing Trustee INVESTOR INFORMATION INVESTOR Senior Management John G. Murray Richard W. Siedel, Jr. President and Chief Executive Officer Chief Financial Officer and Treasurer Contact Information Investor Relations Inquiries Industrial Logistics Properties Trust Financial inquiries should be directed to Richard W. Siedel, Jr., Two Newton Place Chief Financial Officer and Treasurer, at (617) 219-1460 255 Washington Street, Suite 300 or rsiedel@ilptreit.com. Newton, MA 02458-1634 (t) (617) 219-1460 Investor and media inquiries should be directed to (e-mail) info@ilptreit.com Olivia Snyder, Manager, Investor Relations, (website) www.ilptreit.com at (617) 219-1489 or osnyder@ilptreit.com. 5

RESEARCH COVERAGE Equity Research Coverage B. Riley FBR JMP Securities Bryan Maher Mitch Germain (646) 885-5423 (212) 906-3546 RESEARCH COVERAGE bmaher@brileyfbr.com mgermain@jmpsecurities.com Bank of America / Merrill Lynch RBC Capital Markets James Feldman Michael Carroll (646) 855-5808 (440) 715-2649 james.feldman@baml.com michael.carroll@rbccm.com ILPT is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding ILPT’s performance made by these analysts do not represent opinions, forecasts or predictions of ILPT or its management. ILPT does not by its reference above imply its endorsement of or concurrence with any information, conclusions or recommendations provided by any of these analysts. 6

4237-4255 Anson Boulevard, Whitestown, IN Square Feet: 1,036,573 Tenant: Amazon.com Services, Inc. FINANCIALS 7

KEY FINANCIAL DATA (dollars in thousands, except per share data) As of and For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 Selected Balance Sheet Data: Total gross assets (1) $ 1,917,372 $ 1,627,902 $ 1,594,907 $ 1,544,931 $ 1,512,327 Total assets $ 1,818,149 $ 1,534,611 $ 1,506,629 $ 1,461,350 $ 1,433,235 Total liabilities $ 794,425 $ 506,338 $ 475,422 $ 427,033 $ 400,407 Total shareholders' equity $ 1,023,724 $ 1,028,273 $ 1,031,207 $ 1,034,317 $ 1,032,828 Selected Income Statement Data: KEY FINANCIAL DATA FINANCIAL KEY Rental income $ 45,987 $ 42,074 $ 40,431 $ 39,420 $ 40,605 Net income $ 16,786 $ 18,288 $ 18,142 $ 18,726 $ 19,232 NOI (2) $ 37,036 $ 33,486 $ 32,208 $ 32,014 $ 32,475 Adjusted EBITDAre (3) $ 34,074 $ 30,877 $ 29,618 $ 29,490 $ 30,018 FFO and Normalized FFO (4) $ 26,397 $ 25,948 $ 25,294 $ 25,616 $ 26,105 Per Common Share Data: Net income - basic and diluted $ 0.26 $ 0.28 $ 0.28 $ 0.29 $ 0.31 FFO and Normalized FFO - basic and diluted (4) $ 0.41 $ 0.40 $ 0.39 $ 0.39 $ 0.42 Dividends: Annualized dividends paid per share $ 1.32 $ 1.32 $ 1.32 $ 1.32 Annualized dividend yield (at end of period) (5) 6.5% 6.7% 5.7% 5.9% Normalized FFO payout ratio (4) 80.5% 82.5% 84.6% 84.6% (1) Total gross assets is total assets plus accumulated depreciation. (2) See page 18 for the calculation of NOI and a reconciliation of net income determined in accordance with GAAP to that amount. (3) See page 20 for the calculation of Adjusted EBITDAre and a reconciliation of net income determined in accordance with GAAP to that amount. (4) See page 21 for the calculation of FFO and Normalized FFO and a reconciliation of net income determined in accordance with GAAP to those amounts. (5) Annualized dividend yield is the annualized dividend paid during the period divided by the closing price of our common shares at the end of the period. 8

CONDENSED CONSOLIDATED BALANCE SHEETS (dollars in thousands, except per share data) March 31, December 31, 2019 2018 ASSETS Real estate properties: Land $ 690,059 $ 670,501 Buildings and improvements 997,799 791,895 1,687,858 1,462,396 Accumulated depreciation (99,223) (93,291) 1,588,635 1,369,105 Acquired real estate leases, net 96,889 75,803 Cash and cash equivalents 16,126 9,608 Rents receivable, including straight line rents of $55,611 and $54,916, respectively 58,244 56,940 Deferred leasing costs, net 6,051 6,157 Debt issuance costs, net 4,061 4,430 Due from related persons 1,731 1,390 Other assets, net 46,412 11,178 Total assets $ 1,818,149 $ 1,534,611 LIABILITIES AND SHAREHOLDERS' EQUITY Revolving credit facility $ 50,000 $ 413,000 Mortgage notes payable, net 693,792 49,195 Assumed real estate lease obligations, net 17,806 18,316 Accounts payable and other liabilities 16,117 12,040 Rents collected in advance 8,719 6,004 Security deposits 6,192 6,130 Due to related persons 1,799 1,653 Total liabilities 794,425 506,338 Commitments and contingencies CONDENSED CONSOLIDATED BALANCE SHEETS CONDENSED CONSOLIDATED Shareholders' equity: Common shares of beneficial interest, $.01 par value: 100,000,000 shares authorized; 65,074,791 shares issued and outstanding 651 651 Additional paid in capital 998,520 998,447 Cumulative net income 106,443 89,657 Cumulative other comprehensive income 66 — Cumulative common distributions (81,956) (60,482) Total shareholders' equity 1,023,724 1,028,273 Total liabilities and shareholders' equity $ 1,818,149 $ 1,534,611 9

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (amounts in thousands, except percentage data and per share data) Three Months Ended March 31, 2019 2018 Rental income $ 45,987 $ 40,605 Expenses: Real estate taxes 5,565 4,585 Other operating expenses 3,386 3,545 Depreciation and amortization 9,611 6,873 General and administrative 3,800 2,574 Total expenses 22,362 17,577 Interest income 361 13 Interest expense (including net amortization of debt issuance costs and premiums of $403 and $311, respectively) (7,596) (3,802) Income before income tax expense and equity in earnings of an investee 16,390 19,239 Income tax expense (8) (7) Equity in earnings of an investee 404 — Net income $ 16,786 $ 19,232 Weighted average common shares outstanding - basic 65,032 61,445 Weighted average common shares outstanding - diluted 65,041 61,445 Net income per common share - basic and diluted $ 0.26 $ 0.31 Additional Data: General and administrative expenses / total assets (at end of period) 0.2% 0.2% Non-cash straight line rent adjustments included in rental income (1) $ 979 $ 1,194 Lease value amortization included in rental income (1) $ 113 $ 102 CONDENSED CONSOLIDATED STATEMENTS OF INCOME STATEMENTS CONDENSED CONSOLIDATED (1) We report rental income on a straight line basis over the terms of the respective leases; accordingly, rental income includes non-cash straight line rent adjustments. Rental income also includes non-cash amortization of intangible lease assets and liabilities and lease termination fees, if any. 10

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (dollars in thousands) Three Months Ended March 31, 2019 2018 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $ 16,786 $ 19,232 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 5,856 4,478 Net amortization of debt issuance costs and premiums 403 311 Amortization of acquired real estate leases and assumed real estate lease obligations 3,310 2,105 Amortization of deferred leasing costs 337 194 Provision for losses on rents receivable — 400 Straight line rental income (979) (1,194) Other non-cash expenses 73 104 Equity in earnings of an investee (404) — Change in assets and liabilities: Rents receivable (325) (321) Deferred leasing costs (21) (9) Due from related persons (341) (4,133) Other assets (3,495) 599 Accounts payable and other liabilities 4,207 788 Rents collected in advance 2,715 2,632 Security deposits 62 56 Due to related persons 146 (3,149) Net cash provided by operating activities 28,330 22,093 CASH FLOWS FROM INVESTING ACTIVITIES: Real estate acquisitions and deposits (281,424) — Real estate improvements (477) (1,347) CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS STATEMENTS CONDENSED CONSOLIDATED Net cash used in investing activities (281,901) (1,347) 11

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) (dollars in thousands) Three Months Ended March 31, 2019 2018 CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from issuance of common shares, net — 444,309 Proceeds from issuance of mortgage notes payable 650,000 — Borrowings under revolving credit facility 85,000 7,000 Repayments of revolving credit facility (448,000) (455,000) Payment of debt issuance costs (5,437) (4,183) Distributions to common shareholders (21,474) — Contributions (1) — 16,162 Distributions (1) — (9,187) Net cash provided by (used in) financing activities 260,089 (899) Increase in cash and cash equivalents 6,518 19,847 Cash and cash equivalents at beginning of period 9,608 — Cash and cash equivalents at end of period $ 16,126 $ 19,847 SUPPLEMENTAL DISCLOSURES: Interest paid $ 5,215 $ 3,196 Income taxes paid $ 64 $ — (1) Relates to transactions that occurred prior to the IPO. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) STATEMENTS CONDENSED CONSOLIDATED 12

DEBT SUMMARY (dollars in thousands) Coupon Interest Principal Maturity Due at Years to Rate (1) Rate (2) Balance (3) Date Maturity Maturity DEBT SUMMARY As of March 31, 2019: (4) Unsecured Floating Rate Debt: Revolving credit facility (5) 3.710% 3.710% $ 50,000 12/29/2021 $ 50,000 2.8 Secured Fixed Rate Debt: One property in Virginia 3.990% 3.480% 48,750 11/1/2020 48,750 1.6 186 properties in Hawaii 4.310% 4.310% 650,000 2/7/2029 650,000 9.9 Subtotal / weighted average secured fixed rate debt 4.288% 4.252% 698,750 698,750 9.3 Total / weighted average debt 4.249% 4.216% $ 748,750 $ 748,750 8.9 (1) Reflects the interest rate stated in, or determined pursuant to, the contract terms. (2) Includes the effect of mark to market accounting for our mortgage notes. Excludes upfront transaction costs. (3) Principal balance excludes unamortized premiums and debt issuance costs related to these debts. Total debt outstanding as of March 31, 2019, plus unamortized premiums and debt issuance costs totaling $4,958, was $743,792. (4) In connection with the acquisition in April 2019 of 18 industrial properties located in 12 states with an aggregate of approximately 8,694,000 square feet for a purchase price of $624,650, excluding acquisition related costs, we assumed $56,980 of mortgage debt, with a maturity date of October 1, 2023. This assumed mortgage debt is not included in the table above because it was assumed after March 31, 2019. (5) We have a $750,000 revolving credit facility which has a maturity date of December 29, 2021. This revolving credit facility requires interest to be paid at a rate of LIBOR plus a premium and imposes a commitment fee. The interest rate premium is subject to adjustment based on changes to our leverage ratio. The commitment fee is based on the unused portion of our revolving credit facility and was 25 basis points per annum as of March 31, 2019. We have the option to extend the maturity date of our revolving credit facility for two, six month periods, subject to payment of extension fees and satisfaction of other conditions. Principal balance represents the amount outstanding under our revolving credit facility at March 31, 2019. Interest rate is as of March 31, 2019 and excludes the commitment fee. The maximum borrowing availability under our revolving credit facility may be increased to up to $1,500,000 in certain circumstances. 13

DEBT MATURITY SCHEDULE (dollars in thousands) Scheduled Principal Payments as of March 31, 2019 (1) Unsecured Secured Floating Fixed Year Rate Debt Rate Debt Total (2) 2020 $ — $ 48,750 $ 48,750 2021 50,000 (3) — 50,000 2029 — 650,000 650,000 DEBT MATURITY SCHEDULE DEBT MATURITY Total $ 50,000 $ 698,750 $ 748,750 Percent 6.7% 93.3% 100.0% (1) In connection with the acquisition in April 2019 of 18 industrial properties located in 12 states with an aggregate of approximately 8,694,000 square feet for a purchase price of $624,650, excluding acquisition related costs, we assumed $56,980 of mortgage debt, with a maturity date of October 1, 2023. This assumed mortgage debt is not included in the table above because it was assumed after March 31, 2019. (2) Total debt outstanding as of March 31, 2019, plus unamortized premiums and debt issuance costs totaling $4,958, was $743,792. (3) Represents the amount outstanding under our $750,000 revolving credit facility at March 31, 2019. This revolving credit facility requires interest to be paid at a rate of LIBOR plus a premium and imposes a commitment fee. The interest rate premium is subject to adjustment based on changes to our leverage ratio. The commitment fee is based on the unused portion of our revolving credit facility and was 25 basis points per annum as of March 31, 2019. We have the option to extend the maturity date of our revolving credit facility for two, six month periods, subject to payment of extension fees and satisfaction of other conditions. 14

LEVERAGE RATIOS AND COVERAGE RATIOS (dollars in thousands) As of and For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 (1) Leverage Ratios: Total debt (2) / total gross assets (3) 39.1% 28.4% 26.9% 24.8% 23.2% Total debt (2) / gross book value of real estate assets (4) 41.0% 29.3% 27.7% 25.7% 24.2% Total debt (2) / total market capitalization (5) 36.3% 26.5% 22.3% 20.9% 21.0% Secured debt (2) / total assets 38.4% 3.2% 3.2% 3.3% 3.4% Variable rate debt (2) / total debt (2) 6.7% 89.4% 88.6% 87.3% 86.1% Coverage Ratios: Total debt (2) / annualized Adjusted EBITDAre (6) 5.5x 3.7x 3.6x 3.3x 2.9x Adjusted EBITDAre (6) / interest expense 4.5x 6.6x 7.3x 8.3x 7.9x LEVERAGE RATIOS AND COVERAGE RATIOS AND COVERAGE RATIOS LEVERAGE RATIOS (1) In connection with our formation in September 2017, SIR contributed to us substantially all of SIR's industrial and logistics properties located in Hawaii, totaling 226 buildings, leasable land parcels and easements, as well as 40 industrial and logistics buildings located in 24 other states (a combined 28,540,000 rentable square feet) and we issued a $750,000 demand note and 45,000,000 of our common shares to SIR. On January 17, 2018, we completed the IPO, in which we issued 20,000,000 of our common shares for net proceeds of $444,309 (after deducting the underwriting discounts and commissions and expenses). We used substantially all of the net proceeds from the IPO to reduce amounts outstanding under our revolving credit facility. On December 27, 2018, SIR distributed all 45,000,000 of our common shares that SIR owned to SIR's shareholders of record as of the close of business on December 20, 2018. (2) Debt amounts represent the principal balance as of the date reported. (3) Total gross assets is total assets plus accumulated depreciation. (4) Gross book value of real estate assets is real estate properties at cost, plus certain acquisition related costs, if any, before depreciation and purchase price allocations, less impairment writedowns, if any. (5) Total market capitalization is total debt plus the market value of our common shares at the end of the period. (6) See page 20 for the calculation of Adjusted EBITDAre and for a reconciliation of net income determined in accordance with GAAP to that amount. 15

CAPITAL EXPENDITURES SUMMARY (dollars in thousands) For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 Tenant improvements (1) $ 16 $ 1,362 $ — $ — $ 69 Leasing costs (2) 156 1,206 188 324 5 Building improvements (3) 43 827 657 211 90 Recurring capital expenditures 215 3,395 845 535 164 Development, redevelopment and other activities (4) 160 584 110 78 378 Total capital expenditures $ 375 $ 3,979 $ 955 $ 613 $ 542 (1) Tenant improvements include capital expenditures used to improve tenants' space or amounts paid directly to tenants to improve their space. (2) Leasing costs include leasing related costs, such as brokerage commissions and tenant inducements. CAPITAL EXPENDITURES SUMMARY CAPITAL (3) Building improvements generally include (i) expenditures to replace obsolete building components and (ii) expenditures that extend the useful life of existing assets. (4) Development, redevelopment and other activities generally include (i) capital expenditures that are identified at the time of a property acquisition and incurred within a short time period after acquiring the property and (ii) capital expenditure projects that reposition a property or result in new sources of revenues. 16

PROPERTY ACQUISITIONS AND DISPOSITIONS INFORMATION SINCE 1/1/19 (dollars and sq. ft. in thousands, except per sq. ft. data) Acquisitions: Weighted Average Purchase Remaining Date Number of Purchase Price (1) / Cap Lease Term Percent Acquired Location Properties Sq. Ft. Price (1) Sq. Ft. Rate (2) in Years (3) Leased (4) Major Tenant February 2019 2 states 7 3,708 $ 249,500 $ 67 6.1% 3.8 100% Various April 2019 Plainfield, IN 1 494 30,500 62 5.5% 9.2 100% Siemens Medical Solutions USA, Inc. April 2019 12 states 18 8,694 624,650 72 6.4% 9.2 100% Various Total / Weighted Average 26 12,896 $ 904,650 $ 70 6.3% 7.9 100% (1) Represents the gross purchase price, including assumed mortgage debt, if any, and excluding acquisition related costs and purchase price allocations. (2) Represents the ratio of (x) annual straight line rental income, excluding the impact of above and below market lease amortization, based on existing leases as of the date of acquisition, less estimated annual property operating expenses as of the date of acquisition, excluding depreciation and amortization expense, to (y) the acquisition purchase price, including the principal amount of any assumed debt and excluding acquisition related costs. (3) Average remaining lease term in years is weighted based on rental revenues as of the date acquired. (4) Percent leased is as of the date acquired. Dispositions: We have not disposed of any properties since January 1, 2019. PROPERTY ACQUISITIONS AND DISPOSITIONS INFORMATION SINCE 1/1/19 AND DISPOSITIONS INFORMATION ACQUISITIONS PROPERTY 17

CALCULATION AND RECONCILIATION OF NOI AND CASH BASIS NOI (1) (dollars in thousands) For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 Calculation of NOI and Cash Basis NOI: Rental income $ 45,987 $ 42,074 $ 40,431 $ 39,420 $ 40,605 Real estate taxes (5,565) (5,233) (4,942) (4,582) (4,585) Other operating expenses (3,386) (3,355) (3,281) (2,824) (3,545) NOI 37,036 33,486 32,208 32,014 32,475 Non-cash straight line rent adjustments included in rental income (2) (979) (1,379) (1,128) (1,038) (1,194) Lease value amortization included in rental income (2) (113) (106) (92) (101) (102) Cash Basis NOI $ 35,944 $ 32,001 $ 30,988 $ 30,875 $ 31,179 Reconciliation of Net Income to NOI and Cash Basis NOI: Net income $ 16,786 $ 18,288 $ 18,142 $ 18,726 $ 19,232 Equity in earnings of an investee (404) — — — — Income tax expense 8 8 9 8 7 Income before income tax expense and equity in earnings of an investee 16,390 18,296 18,151 18,734 19,239 Interest expense 7,596 4,675 4,052 3,552 3,802 Interest income (361) (66) (71) (50) (13) General and administrative 3,800 2,921 2,924 2,888 2,574 Depreciation and amortization 9,611 7,660 7,152 6,890 6,873 NOI 37,036 33,486 32,208 32,014 32,475 Non-cash straight line rent adjustments included in rental income (2) (979) (1,379) (1,128) (1,038) (1,194) Lease value amortization included in rental income (2) (113) (106) (92) (101) (102) Cash Basis NOI $ 35,944 $ 32,001 $ 30,988 $ 30,875 $ 31,179 CALCULATION AND RECONCILIATION OF NOI AND CASH BASIS NOI OF NOI AND RECONCILIATION CALCULATION (1) See Definitions of Certain Non-GAAP Financial Measures on page 22 for the definitions of NOI and Cash Basis NOI, a description of why we believe they are appropriate supplemental measures and a description of how we use these measures. (2) We report rental income on a straight line basis over the terms of the respective leases; accordingly, rental income includes non-cash straight line rent adjustments. Rental income also includes non- cash amortization of intangible lease assets and liabilities and lease termination fees, if any. 18

RECONCILIATION OF NOI TO SAME PROPERTY NOI AND CALCULATION OF SAME PROPERTY CASH BASIS NOI (1) (dollars in thousands) Three Months Ended March 31, CASH BASIS NOI 2019 2018 Reconciliation of NOI to Same Property NOI (2): Rental income $ 45,987 $ 40,605 Real estate taxes (5,565) (4,585) Other operating expenses (3,386) (3,545) NOI 37,036 32,475 Less: NOI of properties not included in same property results (3,569) — Same property NOI $ 33,467 $ 32,475 Calculation of Same Property Cash Basis NOI (2): Same property NOI $ 33,467 $ 32,475 Less: Non-cash straight line rent adjustments included in rental income (3) (728) (1,194) Lease value amortization included in rental income (3) (113) (102) Same property Cash Basis NOI $ 32,626 $ 31,179 (1) See Definitions of Certain Non-GAAP Financial Measures on page 22 for the definitions of NOI and Cash Basis NOI, a description of why we believe they are appropriate supplemental measures and a description of how we use these measures. (2) For the three months ended March 31, 2019 and 2018, same property NOI and Cash Basis NOI are based on properties that we owned as of March 31, 2019 and that we owned (including for the period SIR owned our properties prior to the IPO) continuously since January 1, 2018. (3) We report rental income on a straight line basis over the terms of the respective leases; accordingly, rental income includes non-cash straight line rent adjustments. Rental income also includes non- cash amortization of intangible lease assets and liabilities and lease termination fees, if any. 19 RECONCILIATION OF NOI TO SAME PROPERTY NOI AND CALCULATION OF SAME PROPERTY AND CALCULATION NOI SAME PROPERTY OF NOI TO RECONCILIATION

re CALCULATION OF EBITDA, EBITDAre AND ADJUSTED EBITDAre (1) (dollars in thousands) For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 Net income $ 16,786 $ 18,288 $ 18,142 $ 18,726 $ 19,232 Plus: interest expense 7,596 4,675 4,052 3,552 3,802 Plus: income tax expense 8 8 9 8 7 Plus: depreciation and amortization 9,611 7,660 7,152 6,890 6,873 EBITDA and EBITDAre 34,001 30,631 29,355 29,176 29,914 AND ADJUSTED EBITDA AND Plus: general and administrative expense paid in common shares (2) 73 246 263 314 104 re Adjusted EBITDAre $ 34,074 $ 30,877 $ 29,618 $ 29,490 $ 30,018 (1) See Definitions of Certain Non-GAAP Financial Measures on page 22 for the definitions of EBITDA, EBITDAre, Adjusted EBITDAre and a description of why we believe they are appropriate supplemental measures. (2) Amounts represent equity based compensation to our trustees, our officers and certain other employees of The RMR Group LLC. CALCULATION OF EBITDA, EBITDA CALCULATION 20

CALCULATION OF FFO AND NORMALIZED FFO (1) (dollars and shares in thousands, except per share data) For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 Net income $ 16,786 $ 18,288 $ 18,142 $ 18,726 $ 19,232 Plus: depreciation and amortization 9,611 7,660 7,152 6,890 6,873 FFO and Normalized FFO $ 26,397 $ 25,948 $ 25,294 $ 25,616 $ 26,105 Share and Per Share Data: Weighted average common shares outstanding - basic 65,032 65,029 65,022 65,011 61,445 Weighted average common shares outstanding - diluted 65,041 65,032 65,022 65,011 61,445 Net income per common share - basic and diluted $ 0.26 $ 0.28 $ 0.28 $ 0.29 $ 0.31 FFO and Normalized FFO per common share - basic and diluted $ 0.41 $ 0.40 $ 0.39 $ 0.39 $ 0.42 CALCULATION OF FFO AND NORMALIZED FFO OF FFO CALCULATION (1) See Definitions of Certain Non-GAAP Financial Measures on page 22 for the definitions of FFO and Normalized FFO, a description of why we believe they are appropriate supplemental measures and a description of how we use these measures. 21

DEFINITIONS OF CERTAIN NON-GAAP FINANCIAL MEASURES Non-GAAP Financial Measures: We present certain “non-GAAP financial measures” within the meaning of applicable SEC rules, including FFO, Normalized FFO, EBITDA, EBITDAre, Adjusted EBITDAre, NOI and Cash Basis NOI. These measures do not represent cash generated by operating activities in accordance with GAAP and should not be considered alternatives to net income as indicators of our operating performance or as measures of our liquidity. These measures should be considered in conjunction with net income as presented in our condensed consolidated statements of income. We consider these non-GAAP measures to be appropriate supplemental measures of operating performance for a REIT, along with net income. We believe these measures provide useful information to investors because by excluding the effects of certain historical amounts, such as depreciation and amortization expense, they may facilitate a comparison of our operating performance between periods and with other REITs and, in the case of NOI and Cash Basis NOI, reflecting only those income and expense items that are generated and incurred at the property level may help both investors and management to understand the operations at our properties. NOI and Cash Basis NOI: The calculations of net operating income, or NOI, and Cash Basis NOI exclude certain components of net income in order to provide results that are more closely related to our property level results of operations. We calculate NOI and Cash Basis NOI as shown on pages 18 and 19. We define NOI as income from our rental of real estate less our property operating expenses. NOI excludes amortization of capitalized tenant improvement costs and leasing commissions that we record as depreciation and amortization expense. We define Cash Basis NOI as NOI excluding non-cash straight line rent adjustments, lease value amortization and lease termination fees, if any. We use NOI and Cash Basis NOI to evaluate individual and company-wide property level performance. Other real estate companies and REITs may calculate NOI and Cash Basis NOI differently than we do. EBITDA, EBITDAre and Adjusted EBITDAre: We calculate earnings before interest, taxes, depreciation and amortization, or EBITDA, EBITDA for real estate, or EBITDAre, and Adjusted EBITDAre as shown on page 20. EBITDAre is calculated on the basis defined by The National Association of Real Estate Investment Trusts, or Nareit, which is EBITDA, excluding gains and losses on the sale of real estate, loss on impairment of real estate assets, if any, as well as certain other adjustments currently not applicable to us. In calculating Adjusted EBITDAre, we adjust for the items shown on page 20 and include business management incentive fees, if any, only in the fourth quarter versus the quarter when they are recognized as expense in accordance with GAAP due to their quarterly volatility not necessarily being indicative of our core operating performance and the uncertainty as to whether any such business management incentive fees will be payable when all contingencies for determining such fees are known at the end of the calendar year. Other real estate companies and REITs may calculate EBITDA, EBITDAre and Adjusted EBITDAre differently than we do. FFO and Normalized FFO: We calculate funds from operations, or FFO, and Normalized FFO as shown on page 21. FFO is calculated on the basis defined by Nareit, which is net income, calculated in accordance with GAAP, plus real estate depreciation and amortization, as well as certain other adjustments currently not applicable to us. In calculating Normalized FFO, we adjust for the items shown on page 21, if any, and include business management incentive fees, if any, only in the fourth quarter versus the quarter when they are recognized as expense in accordance with GAAP due to their quarterly volatility not necessarily being indicative of our core operating performance and the uncertainty as to whether any such business management incentive fees will be payable when all contingencies for determining such fees are known at the end of the calendar year. FFO and Normalized FFO are among the factors considered by our Board of Trustees when determining the amount of distributions to our shareholders. Other factors include, but are not limited to, requirements to qualify for taxation as a REIT, limitations in our credit agreement, the availability to us of debt and equity capital, our expectation of our future capital requirements and operating performance, and our expected needs for and availability of cash to pay our obligations. Other real estate DEFINITIONS OF CERTAIN NON-GAAP FINANCIAL MEASURES FINANCIAL NON-GAAP DEFINITIONS OF CERTAIN companies and REITs may calculate FFO and Normalized FFO differently than we do. 22

2833 Paa St. Honolulu, HI Square Feet: 30,000 Tenant: W.W. Grainger, Inc. PORTFOLIO INFORMATION 23

PORTFOLIO SUMMARY BY PROPERTY TYPE (dollars and sq. ft. in thousands) As of and For the Three Months Ended March 31, 2019 Mainland Hawaii Key Statistic Properties Properties Total Leasable properties 51 226 (1) 277 Percent of total 18.4% 81.6% 100.0% Total square feet 16,409 16,834 33,243 Percent of total 49.4% 50.6% 100.0% Leased square feet 16,409 16,620 33,029 Percent leased 100.0% 98.7% 99.4% Rental income $ 20,560 $ 25,427 $ 45,987 Percent of total 44.7% 55.3% 100.0% NOI (2) $ 17,427 $ 19,609 $ 37,036 PORTFOLIO SUMMARY BY PROPERTY TYPE PROPERTY BY PORTFOLIO SUMMARY Percent of total 47.1% 52.9% 100.0% Cash Basis NOI (2) $ 16,820 $ 19,124 $ 35,944 Percent of total 46.8% 53.2% 100.0% (1) Includes buildings, leasable land parcels and easements which are primarily industrial lands located in Hawaii. (2) See page 18 for the calculation of NOI and Cash Basis NOI and a reconciliation of net income determined in accordance with GAAP to those amounts. 24

SAME PROPERTY RESULTS OF OPERATIONS BY PROPERTY TYPE (dollars and sq. ft. in thousands) As of and For the Three Months Ended (1) 3/31/2019 3/31/2018 Leasable Properties: Mainland Properties 40 40 Hawaii Properties 226 226 Total 266 266 Square Feet (2): Mainland Properties 11,716 11,706 Hawaii Properties 16,834 16,834 Total 28,550 28,540 Percent Leased (3): Mainland Properties 100.0% 100.0% Hawaii Properties 98.7% 99.9% Total 99.2% 99.9% Rental income Mainland Properties $ 16,043 $ 15,971 Hawaii Properties 25,427 24,634 Total $ 41,470 $ 40,605 (1) Consists of properties that we owned (including for the period SIR owned our properties prior to the IPO) continuously since January 1, 2018. (2) Subject to modest adjustments when space is re-measured or re-configured for new tenants and when land leases are converted to building leases. SAME PROPERTY RESULTS OF OPERATIONS BY PROPERTY TYPE PROPERTY BY OF OPERATIONS RESULTS SAME PROPERTY (3) Includes (i) space being fitted out for occupancy pursuant to existing leases, if any, and (ii) space which is leased but is not occupied or is being offered for sublease by tenants, if any. 25

SAME PROPERTY RESULTS OF OPERATIONS BY PROPERTY TYPE (CONTINUED) (dollars in thousands) As of and For the Three Months Ended (1) 3/31/2019 3/31/2018 NOI (2): Mainland Properties $ 13,858 $ 13,553 Hawaii Properties 19,609 18,922 Total $ 33,467 $ 32,475 Cash Basis NOI (2): Mainland Properties $ 13,502 $ 13,049 Hawaii Properties 19,124 18,130 Total $ 32,626 $ 31,179 NOI % Change: Mainland Properties 2.3% Hawaii Properties 3.6% Total 3.1% Cash Basis NOI % Change: Mainland Properties 3.5% Hawaii Properties 5.5% Total 4.6% (1) Consists of properties that we owned (including for the period SIR owned our properties prior to the IPO) continuously since January 1, 2018. (2) See page 18 for the calculation of NOI and Cash Basis NOI and a reconciliation of net income determined in accordance with GAAP to those amounts, and see page 19 for the calculation and a reconciliation of same property NOI and same property Cash Basis NOI. SAME PROPERTY RESULTS OF OPERATIONS BY PROPERTY TYPE (CONTINUED) PROPERTY BY OF OPERATIONS RESULTS SAME PROPERTY 26

LEASING SUMMARY (dollars and sq. ft. in thousands, except per sq. ft. data) As of and For the Three Months Ended 3/31/2019 12/31/2018 9/30/2018 6/30/2018 3/31/2018 Leasable buildings (1) 277 270 269 267 266 Total sq. ft. (2) 33,243 29,535 29,216 28,780 28,540 Square feet leased 33,029 29,321 29,002 28,516 28,534 Percentage leased 99.4% 99.3% 99.3% 99.1% 99.9% Leasing Activity (Sq. Ft.): New leases — 194 (3) 120 55 1 LEASING SUMMARY Renewals 271 1,598 204 163 295 Rent resets 483 80 516 34 — Total 754 1,872 840 252 296 % Change in GAAP Rent (4): New leases —% 71.9% -15.3% 46.7% 19.6% Renewals 15.8% 17.8% 26.6% 25.5% 46.3% Rent resets 28.0% 18.2% 20.3% 18.0% —% Weighted average (by square feet) 22.9% 23.7% 17.7% 31.3% 45.9% Leasing Costs and Concession Commitments (5): New leases $ — $ 957 $ 321 $ 484 $ 33 Renewals 88 651 77 56 35 Total $ 88 $ 1,608 $ 398 $ 540 $ 68 Leasing Costs and Concession Commitments per Sq. Ft. (6): New leases $ — $ 4.93 $ 2.68 $ 8.80 $ 33.00 Renewals $ 0.32 $ 0.41 $ 0.38 $ 0.34 $ 0.12 Total $ 0.32 $ 0.90 $ 1.23 $ 2.48 $ 0.23 Weighted Average Lease Term by Sq. Ft. (Years): New leases — 15.0 4.4 21.1 7.0 Renewals 9.4 14.3 16.1 7.7 30.4 Total 9.4 14.4 11.8 11.1 30.3 Leasing Costs and Concession Commitments per Sq. Ft. per Year (5) (6): New leases $ — $ 0.33 $ 0.61 $ 0.42 $ 4.71 Renewals $ 0.03 $ 0.03 $ 0.02 $ 0.04 $ 0.00 Total $ 0.03 $ 0.06 $ 0.10 $ 0.22 $ 0.01 (1) Includes 226 buildings, leasable land parcels and easements with approximately 16,834 square feet which are primarily industrial lands located in Hawaii. (2) Subject to modest adjustments when space is re-measured or re-configured for new tenants and when land leases are converted to building leases. (3) Includes a 194 square foot expansion to be constructed prior to the commencement of the lease. (4) Percent change from prior rents charged for same space. Rents include estimated recurring expense reimbursements and exclude lease value amortization. References in this report to "same space" represent same land area and building area (with leasing rates for vacant space based upon the most recent rental rate for the same space). (5) Includes commitments made for leasing expenditures and concessions, such as tenant improvements, leasing commissions, tenant reimbursements and free rent. (6) Amounts are per square foot per year for the weighted average lease term by leased square feet. The above leasing summary is based on leases entered into during the periods indicated. 27

OCCUPANCY AND LEASING ANALYSIS BY PROPERTY TYPE (sq. ft. in thousands) Total Sq. Ft. (1) Sq. Ft. Leases Executed During As of the Three Months Ended 3/31/2019 Property Type 3/31/2019 New Renewals Total Mainland Properties 16,409 — — — Hawaii Properties 16,834 — 271 271 Total 33,243 — 271 271 Sq. Ft. Leased As of 12/31/2018 New and Acquisitions / As of 3/31/2019 Property Type 12/31/2018 % Leased (2) Expired Renewals (Sales) 3/31/2019 (3) % Leased Mainland Properties 12,701 100.0% — — 3,708 16,409 100.0% Hawaii Properties 16,620 98.7% (271) 271 — 16,620 98.7% Total 29,321 99.3% (271) 271 3,708 33,029 99.4% OCCUPANCY AND LEASING ANALYSIS BY PROPERTY TYPE PROPERTY BY ANALYSIS AND LEASING OCCUPANCY (1) Subject to modest adjustments when space is re-measured or re-configured for new tenants and when land leases are converted to building leases. (2) Excludes effects of space re-measurements during the period, if any. Percent leased includes (i) space being fitted out for occupancy, if any, and (ii) space which is leased but is not occupied or is being offered for sublease by tenants, if any. (3) Square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. 28

TENANT CREDIT CHARACTERISTICS As of March 31, 2019 % of Annualized Rental Revenues (1) Mainland Tenant Credit Characteristics Properties Consolidated Investment grade rated 44.0% 27.0% Subsidiaries of investment grade rated parent entities 9.8% 5.2% Other leased Hawaii lands —% 41.1% Subtotal investment grade rated, subsidiaries of 53.8% 73.3% investment grade rated parent entities and other leased Hawaii lands Other unrated or non-investment grade 46.2% 26.7% 100.0% 100.0% Mainland Properties Consolidated Properties TENANT CREDIT CHARACTERISTICS % of Annualized Rental Revenues (1) % of Annualized Rental Revenues (1) Other unrated or non- Other unrated or Subsidiaries investment grade: 46.2% non-investment Investment grade of investment grade: 26.7% rated: 27.0% grade rated parent entities: 9.8% Subsidiaries of investment grade rated parent entities: Investment grade rated: Other leased Hawaii lands: 5.2% 44.0% 41.1% (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. 29

PRO FORMA TENANT CREDIT CHARACTERISTICS (1) As of March 31, 2019 % of Annualized Rental Revenues (2) Mainland Tenant Credit Characteristics Properties Consolidated Investment grade rated 39.3% 27.9% Subsidiaries of investment grade rated parent entities 22.5% 13.7% Other leased Hawaii lands —% 32.2% Subtotal investment grade rated, subsidiaries of 61.8% 73.8% investment grade rated parent entities and other leased Hawaii lands Other unrated or non-investment grade 38.2% 26.2% 100.0% 100.0% Mainland Properties Consolidated Properties % of Annualized Rental Revenues (2) % of Annualized Rental Revenues (2) Other unrated or non- Other unrated or investment grade: 38.2% Investment grade non-investment Subsidiaries rated: 27.9% of investment grade: 26.2% PRO FORMA TENANT CREDIT CHARACTERISTICS PRO FORMA grade rated parent entities: 22.5% Other leased Hawaii Investment grade rated: lands: 32.2% Subsidiaries of 39.3% investment grade rated parent entities: 13.7% (1) Pro Forma Tenant Credit Characteristics includes our acquisitions made in April 2019, as if the acquisitions had been completed as of March 31, 2019. (2) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. 30

TENANTS REPRESENTING 1% OR MORE OF TOTAL ANNUALIZED RENTAL REVENUES As of March 31, 2019 (sq. ft. in thousands) Pro Forma Includes April 2019 acquisitions, as if they had Actual - As of March 31, 2019 been completed as of March 31, 2019 % of Total % of Total Rented % of Total Annualized Rental Rented % of Total Annualized Rental Sq. Ft. (1) Rented Sq. Ft. (1) Revenues (2) Sq. Ft. (1) Rented Sq. Ft. (1) Revenues (2) 1 Amazon.com Services, LLC 4,085 12.4% 11.7% 6,119 14.5% 14.7% 2 The Proctor & Gamble Distributing LLC — —% —% 1,791 4.2% 3.8% 3 Restoration Hardware, Inc. 1,195 3.6% 3.3% 1,195 2.8% 2.6% 4 Federal Express Corporation / FedEx Ground Package System, Inc. 613 1.9% 2.8% 899 2.1% 3.4% 5 American Tire Distributors, Inc. 722 2.2% 2.7% 722 1.7% 2.1% 6 UPS Supply Chain Solutions Inc. — —% —% 614 1.5% 2.1% 7 Par Hawaii Refining, LLC 3,148 9.5% 2.5% 3,148 7.5% 2.0% 8 Servco Pacific Inc. 537 1.6% 2.3% 537 1.3% 1.8% 9 SKF USA Inc. — —% —% 431 1.0% 1.7% 10 Shurtech Brands, LLC 645 2.0% 1.9% 645 1.5% 1.5% 11 BJ's Wholesale Club, Inc. 634 1.9% 1.9% 634 1.5% 1.5% 12 Subaru of America, Inc. — —% —% 963 2.3% 1.5% 13 Safeway Inc. 146 0.4% 1.8% 146 0.3% 1.4% 14 EF Transit, Inc. 535 1.6% 1.8% 535 1.3% 1.4% 15 Exel Inc. 945 2.9% 1.6% 945 2.2% 1.3% 16 Trex Company, Inc. 646 2.0% 1.6% 646 1.5% 1.3% 17 Avnet, Inc. 581 1.8% 1.6% 581 1.4% 1.2% 18 A.L. Kilgo Company, Inc. 310 0.9% 1.5% 310 0.7% 1.2% 19 Cummins Inc. 604 1.8% 1.5% 604 1.4% 1.2% 20 Manheim Remarketing, Inc. 338 1.0% 1.4% 338 0.8% 1.1% 21 Whirlpool Corporation 805 2.4% 1.4% 805 1.9% 1.1% 22 Warehouse Rentals Inc. 278 0.8% 1.3% 278 0.7% 1.0% 23 Coca-Cola Bottling of Hawaii, LLC 351 1.1% 1.3% 351 0.8% 1.0% 24 YNAP Corporation 167 0.5% 1.3% 167 0.4% 1.0% 25 Hellmann Worldwide Logistics Inc. 240 0.7% 1.2% 240 0.6% 1.0% 26 ODW Logistics, Inc. — —% —% 760 1.8% 1.0% 27 Cott Beverages Inc. — —% —% 421 1.0% 1.0% 28 General Mills Operations, LLC 158 0.5% 1.2% 158 0.4% 0.9% 29 Honolulu Warehouse Co., Ltd. 298 0.9% 1.2% 298 0.7% 0.9% 30 AES Hawaii, Inc. 1,242 3.8% 1.0% 1,242 2.9% 0.8% 31 The Toro Company 450 (3) 1.4% 1.0% 450 1.1% 0.8% 32 LZB Manufacturing, Inc. 221 0.7% 1.0% 221 0.5% 0.8% Total 19,894 60.3% 53.8% 27,194 64.3% 60.1% (1) Rented square feet is pursuant to existing leases as of March 31, 2019 and includes (i) space being fitted out for occupancy, if any, and (ii) space which is leased but is not occupied or is being offered for sublease by tenants, if any. (2) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant TENANTS REPRESENTING 1% OR MORE OF TOTAL ANNUALIZED RENTAL REVENUES ANNUALIZED RENTAL TENANTS REPRESENTING 1% OR MORE OF TOTAL concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (3) Square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. 31

FIVE YEAR LEASE EXPIRATION AND RESET SCHEDULE BY PROPERTY TYPE As of March 31, 2019 (dollars and sq. ft. in thousands) 2024 and Total 2019 2020 2021 2022 2023 Thereafter Mainland Properties Expirations: Total sq. ft. (1) 16,409 Leased sq. ft. (1) (2) 16,409 33 394 2,455 567 1,384 11,576 Percent 0.2% 2.4% 15.0% 3.5% 8.4% 70.5% Annualized rental revenues (3) $ 89,119 $ 202 $ 1,359 $ 12,430 $ 4,256 $ 11,004 $ 59,868 Percent 0.2% 1.5% 13.9% 4.8% 12.3% 67.3% Hawaii Properties Expirations: Total sq. ft. 16,834 Leased sq. ft. (2) 16,620 394 357 543 2,510 305 12,511 Percent 2.4% 2.1% 3.3% 15.1% 1.8% 75.3% Annualized rental revenues (3) $ 97,178 $ 862 $ 2,192 $ 4,539 $ 18,346 $ 2,099 $ 69,140 Percent 0.9% 2.3% 4.7% 18.9% 2.2% 71.0% Total Expirations: Total sq. ft. (1) 33,243 Leased sq. ft. (1) (2) 33,029 427 751 2,998 3,077 1,689 24,087 Percent 1.3% 2.3% 9.1% 9.3% 5.1% 72.9% Annualized rental revenues (3) $ 186,297 $ 1,064 $ 3,551 $ 16,969 $ 22,602 $ 13,103 $ 129,008 Percent 0.6% 1.9% 9.1% 12.1% 7.0% 69.3% Next Scheduled Rent Resets: Reset sq. ft. 4,923 1,242 359 377 508 475 1,962 Percent (4) 7.5% 2.2% 2.3% 3.1% 2.9% 11.8% Annualized rental revenues (3) $ 29,297 $ 1,861 $ 2,527 $ 2,471 $ 4,050 $ 2,842 $ 15,546 Percent (4) 1.9% 2.6% 2.5% 4.2% 2.9% 16.0% (1) Square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. (2) Leased square feet is pursuant to existing leases as of March 31, 2019, and includes (i) space being fitted out for occupancy, if any, and (ii) space which is leased but is not occupied, or is being offered for sublease by tenants, if any. (3) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (4) Percent based on Hawaii Properties leased square feet and Hawaii Properties annualized rental revenues for Hawaii Properties that have leases that include rent resets. FIVE YEAR LEASE EXPIRATION AND RESET SCHEDULE BY PROPERTY TYPE PROPERTY AND RESET SCHEDULE BY YEAR LEASE EXPIRATION FIVE 32

PRO FORMA FIVE YEAR LEASE EXPIRATION AND RESET SCHEDULE BY PROPERTY TYPE (1) As of March 31, 2019 (dollars and sq. ft. in thousands) 2024 and Total 2019 2020 2021 2022 2023 Thereafter Mainland Properties Expirations: (2) PROPERTY TYPE PROPERTY Total sq. ft. 25,597 Leased sq. ft. (2) (3) 25,597 33 394 2,455 567 2,144 20,004 Percent 0.1% 1.5% 9.6% 2.2% 8.4% 78.2% Annualized rental revenues (4) $ 140,443 $ 202 $ 1,359 $ 12,430 $ 4,256 $ 13,352 $ 108,844 Percent 0.1% 1.0% 8.9% 3.0% 9.5% 77.5% Hawaii Properties Expirations: Total sq. ft. 16,834 Leased sq. ft. (3) 16,620 394 357 543 2,510 305 12,511 Percent 2.4% 2.1% 3.3% 15.1% 1.8% 75.3% Annualized rental revenues (4) $ 97,178 $ 862 $ 2,192 $ 4,539 $ 18,346 $ 2,099 $ 69,140 Percent 0.9% 2.3% 4.7% 18.9% 2.2% 71.0% Total Expirations: Total sq. ft. (2) 42,431 Leased sq. ft. (2) (3) 42,217 427 751 2,998 3,077 2,449 32,515 Percent 1.0% 1.8% 7.1% 7.3% 5.8% 77.0% Annualized rental revenues (4) $ 237,621 $ 1,064 $ 3,551 $ 16,969 $ 22,602 $ 15,451 $ 177,984 Percent 0.4% 1.5% 7.1% 9.5% 6.5% 74.9% Next Scheduled Rent Resets: Reset sq. ft. 4,923 1,242 359 377 508 475 1,962 Percent (5) 7.5% 2.2% 2.3% 3.1% 2.9% 11.8% Annualized rental revenues (4) $ 29,297 $ 1,861 $ 2,527 $ 2,471 $ 4,050 $ 2,842 $ 15,546 Percent (5) 1.9% 2.6% 2.5% 4.2% 2.9% 16.0% (1) Pro Forma Five Year Lease Expiration and Reset Schedule includes our acquisitions made in April 2019, as if the acquisitions had been completed as of March 31, 2019. (2) Square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. (3) Leased square feet is pursuant to existing leases as of March 31, 2019, and includes (i) space being fitted out for occupancy, if any, and (ii) space which is leased but is not occupied, or is being offered for sublease by tenants, if any. PRO FORMA FIVE YEAR LEASE EXPIRATION AND RESET SCHEDULE BY YEAR LEASE EXPIRATION FIVE PRO FORMA (4) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (5) Percent based on Hawaii Properties leased square feet and Hawaii Properties annualized rental revenues for Hawaii Properties that have leases that include rent resets. 33

PORTFOLIO LEASE EXPIRATION SCHEDULE As of March 31, 2019 (dollars and sq. ft. in thousands) Cumulative % of Total Cumulative % % of Total % of Total Rented Rented of Total Rented Annualized Annualized Annualized Number of Square Feet Square Feet Square Feet Rental Revenues Rental Revenues Rental Revenues Period / Year Tenants Expiring (1) Expiring (1) Expiring (1) Expiring (2) Expiring (2) Expiring (2) 4/1/2019-12/31/2019 9 427 1.3% 1.3% $ 1,064 0.6% 0.6% 2020 17 751 2.3% 3.6% 3,551 1.9% 2.5% 2021 30 2,998 9.1% 12.7% 16,969 9.1% 11.6% 2022 66 3,077 9.3% 22.0% 22,602 12.1% 23.7% 2023 24 1,689 5.1% 27.1% 13,103 7.0% 30.7% 2024 18 6,428 19.5% 46.6% 23,891 12.8% 43.5% 2025 10 885 2.7% 49.3% 4,851 2.6% 46.1% 2026 2 611 1.8% 51.1% 3,128 1.7% 47.8% 2027 8 4,349 (3) 13.2% 64.3% 21,613 11.6% 59.4% 2028 21 2,628 8.0% 72.3% 18,477 9.9% 69.3% PORTFOLIO LEASE EXPIRATION SCHEDULE PORTFOLIO LEASE EXPIRATION Thereafter 77 9,186 27.7% 100.0% 57,048 30.7% 100.0% Total 282 33,029 100.0% $ 186,297 100.0% Weighted average remaining lease term (in years) 9.3 10.2 (1) Rented square feet is pursuant to existing leases as of March 31, 2019, and includes (i) space being fitted out for occupancy, if any, and (ii) space which is leased but is not occupied or is being offered for sublease by tenants, if any. (2) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (3) Rented square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. 34

PRO FORMA PORTFOLIO LEASE EXPIRATION SCHEDULE (1) As of March 31, 2019 (dollars and sq. ft. in thousands) Cumulative % of Total Cumulative % % of Total % of Total Rented Rented of Total Rented Annualized Annualized Annualized Number of Square Feet Square Feet Square Feet Rental Revenues Rental Revenues Rental Revenues Period / Year Tenants Expiring (2) Expiring (2) Expiring (2) Expiring (3) Expiring (3) Expiring (3) 4/1/2019-12/31/2019 9 427 1.0% 1.0% $ 1,064 0.4% 0.4% 2020 17 751 1.8% 2.8% 3,551 1.5% 1.9% 2021 30 2,998 7.1% 9.9% 16,969 7.1% 9.0% 2022 66 3,077 7.3% 17.2% 22,602 9.5% 18.5% 2023 25 2,449 5.8% 23.0% 15,451 6.5% 25.0% 2024 26 10,159 24.1% 47.1% 41,821 17.6% 42.6% 2025 13 1,421 3.4% 50.5% 8,263 3.5% 46.1% 2026 2 611 1.4% 51.9% 3,128 1.3% 47.4% 2027 10 5,538 (4) 13.1% 65.0% 26,976 11.4% 58.8% 2028 22 2,948 7.0% 72.0% 20,051 8.4% 67.2% Thereafter 82 11,838 28.0% 100.0% 77,745 32.8% 100.0% Total 302 42,217 100.0% $ 237,621 100.0% Weighted average remaining lease term (in years) 9.0 9.9 PRO FORMA PORTFOLIO LEASE EXPIRATION SCHEDULE PORTFOLIO LEASE EXPIRATION PRO FORMA (1) Pro Forma Portfolio Lease Expiration Schedule includes our acquisitions made in April 2019, as if the acquisitions had been completed as of March 31, 2019. (2) Rented square feet is pursuant to existing leases as of March 31, 2019, and includes (i) space being fitted out for occupancy, if any, and (ii) space which is leased but is not occupied or is being offered for sublease by tenants, if any. (3) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (4) Rented square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. 35

10450 Doral Blvd. Doral, FL Square Feet: 240,283 Tenant: Hellmann Worldwide Logistics, Inc. EXHIBIT A 36

PROPERTY DETAIL As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 1 4501 Industrial Drive Fort Smith AR 1 Mainland Industrial 64 100.0% $ 469 $ 4,385 $ 4,022 1/29/2015 2013 2 955 Aeroplaza Drive Colorado Springs CO 1 Mainland Industrial 125 100.0% 907 8,212 7,440 1/29/2015 2012 PROPERTY DETAIL PROPERTY 3/4 13400 East 39th Avenue and 3800 Wheeling Street Denver CO 2 Mainland Industrial 394 100.0% 1,359 16,101 14,719 1/29/2015 1996 5 150 Greenhorn Drive Pueblo CO 1 Mainland Industrial 54 100.0% 543 4,377 3,942 1/29/2015 2013 6 2 Tower Drive Wallingford CT 1 Mainland Industrial 62 100.0% 465 3,643 2,961 10/24/2006 1978 7 235 Great Pond Drive Windsor CT 1 Mainland Industrial 171 100.0% 1,383 11,869 10,291 7/20/2012 2004 8 10450 Doral Boulevard Doral FL 1 Mainland Industrial 240 100.0% 2,272 43,326 42,624 6/27/2018 2001 9 2100 NW 82nd Avenue Miami FL 1 Mainland Industrial 37 100.0% 265 1,895 1,134 3/19/1998 2013 10 1000 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 42 100.0% 428 2,252 2,252 12/5/2003 — 11 1001 Ahua Street Honolulu HI 1 Hawaii Land and Easement 338 100.0% 2,664 18,559 17,269 12/5/2003 — 12 1024 Kikowaena Place Honolulu HI 1 Hawaii Land and Easement 40 100.0% 312 1,818 1,818 12/5/2003 — 13 1024 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 26 100.0% 223 1,385 1,385 12/5/2003 — 14 1027 Kikowaena Place Honolulu HI 1 Hawaii Land and Easement 102 100.0% 794 5,444 5,444 12/5/2003 — 15 1030 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 122 100.0% 1,009 5,655 5,655 12/5/2003 — 16 1038 Kikowaena Place Honolulu HI 1 Hawaii Land and Easement 47 100.0% 361 2,576 2,576 12/5/2003 — 17 1045 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 15 100.0% 109 819 819 12/5/2003 — 18 1050 Kikowaena Place Honolulu HI 1 Hawaii Land and Easement 43 100.0% 329 2,277 1,943 12/5/2003 — 19 1052 Ahua Street Honolulu HI 1 Hawaii Land and Easement 30 100.0% 197 1,943 1,862 12/5/2003 — 20 1055 Ahua Street Honolulu HI 1 Hawaii Land and Easement 27 100.0% 206 1,216 1,216 12/5/2003 — 21 106 Puuhale Road Honolulu HI 1 Hawaii Building 14 100.0% 263 1,342 1,285 12/5/2003 1966 22 1062 Kikowaena Place Honolulu HI 1 Hawaii Land and Easement 31 100.0% 241 1,647 1,419 12/5/2003 — 23 1122 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 106 100.0% 791 5,781 5,781 12/5/2003 — 24 113 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 77 100.0% 693 3,729 3,729 12/5/2003 — 25 1150 Kikowaena Place Honolulu HI 1 Hawaii Land and Easement 46 100.0% 531 2,445 2,445 12/5/2003 — 26 120 Mokauea Street Honolulu HI 1 Hawaii Building 31 100.0% 450 2,608 2,497 12/5/2003 1970 27 120 Sand Island Access Road Honolulu HI 1 Hawaii Building 71 100.0% 1,341 13,735 9,335 11/23/2004 2004 28 120B Mokauea Street Honolulu HI 1 Hawaii Building 35 100.0% 546 1,953 1,953 12/5/2003 1970 29 125 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 31 100.0% 310 1,630 1,630 12/5/2003 — 30 125B Puuhale Road Honolulu HI 1 Hawaii Land and Easement 49 100.0% 418 2,815 2,815 12/5/2003 — 31 1330 Pali Highway Honolulu HI 1 Hawaii Land and Easement 20 100.0% 459 1,423 1,423 12/5/2003 — 32 1360 Pali Highway Honolulu HI 1 Hawaii Land and Easement 126 100.0% 2,853 9,331 9,225 12/5/2003 — 33 140 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 22 100.0% 204 1,100 1,100 12/5/2003 — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 37

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 34 142 Mokauea Street Honolulu HI 1 Hawaii Building 26 100.0% 427 3,637 3,267 12/5/2003 1972 35 148 Mokauea Street Honolulu HI 1 Hawaii Land and Easement 86 100.0% 729 3,476 3,476 12/5/2003 — 36 150 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 123 100.0% 1,068 4,887 4,887 12/5/2003 — 37 151 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 38 100.0% 343 1,956 1,956 12/5/2003 — 38 158 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 101 100.0% 911 2,488 2,488 12/5/2003 — 39 165 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 16 100.0% 147 758 758 12/5/2003 — 40 179 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 62 100.0% 640 2,480 2,480 12/5/2003 — 41 180 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 67 100.0% 630 1,655 1,655 12/5/2003 — 42 1926 Auiki Street Honolulu HI 1 Hawaii Building 42 100.0% 629 4,436 3,958 12/5/2003 1959 43 1931 Kahai Street Honolulu HI 1 Hawaii Land and Easement 96 100.0% 944 3,779 3,779 12/5/2003 — 44 197 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 31 100.0% 301 1,238 1,238 12/5/2003 — 45 2001 Kahai Street Honolulu HI 1 Hawaii Land and Easement 27 100.0% 249 1,091 1,091 12/5/2003 — 46 2019 Kahai Street Honolulu HI 1 Hawaii Land and Easement 27 100.0% 263 1,377 1,377 12/5/2003 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 47 2020 Auiki Street Honolulu HI 1 Hawaii Land and Easement 47 100.0% — 2,385 2,385 12/5/2003 — 48 204 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 33 100.0% 308 1,689 1,689 12/5/2003 — 49 207 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 40 100.0% 460 2,024 2,024 12/5/2003 — 50 2103 Kaliawa Street Honolulu HI 1 Hawaii Land and Easement 79 100.0% 688 3,212 3,212 12/5/2003 — 51 2106 Kaliawa Street Honolulu HI 1 Hawaii Land and Easement 31 100.0% 275 1,737 1,668 12/5/2003 — 52 2110 Auiki Street Honolulu HI 1 Hawaii Land and Easement 20 100.0% — 837 837 12/5/2003 — 53 212 Mohonua Place Honolulu HI 1 Hawaii Land and Easement 46 100.0% 382 1,067 1,067 12/5/2003 — 54 2122 Kaliawa Street Honolulu HI 1 Hawaii Land and Easement 33 100.0% 327 1,365 1,365 12/5/2003 — 55 2127 Auiki Street Honolulu HI 1 Hawaii Land and Easement 57 100.0% 533 3,003 2,977 12/5/2003 — 56 2135 Auiki Street Honolulu HI 1 Hawaii Land and Easement 33 100.0% 313 825 825 12/5/2003 — 57 2139 Kaliawa Street Honolulu HI 1 Hawaii Land and Easement 22 100.0% 196 885 885 12/5/2003 — 58 214 Sand Island Access Road Honolulu HI 1 Hawaii Building 22 100.0% 444 2,391 2,344 12/5/2003 1981 59 2140 Kaliawa Street Honolulu HI 1 Hawaii Land and Easement 19 100.0% 186 931 931 12/5/2003 — 60 2144 Auiki Street Honolulu HI 1 Hawaii Building 54 98.3% 1,325 9,729 7,608 12/5/2003 1953 61 215 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 42 100.0% 493 2,117 2,117 12/5/2003 — 62 218 Mohonua Place Honolulu HI 1 Hawaii Land and Easement 34 100.0% 319 1,741 1,741 12/5/2003 — 63 220 Puuhale Road Honolulu HI 1 Hawaii Land and Easement 66 100.0% 592 2,619 2,619 12/5/2003 — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 38

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 64 2250 Pahounui Drive Honolulu HI 1 Hawaii Land and Easement 76 100.0% 687 3,862 3,862 12/5/2003 — 65 2264 Pahounui Drive Honolulu HI 1 Hawaii Land and Easement 33 100.0% 339 1,632 1,632 12/5/2003 — 66 2276 Pahounui Drive Honolulu HI 1 Hawaii Land and Easement 33 100.0% 344 1,619 1,619 12/5/2003 — 67 228 Mohonua Place Honolulu HI 1 Hawaii Land and Easement 37 100.0% 343 1,865 1,865 12/5/2003 — 68 2308 Pahounui Drive Honolulu HI 1 Hawaii Land and Easement 65 100.0% 577 3,314 3,314 12/5/2003 — 69 231 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 19 100.0% 162 752 752 12/5/2003 — 70 231B Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 39 100.0% 366 1,539 1,539 12/5/2003 — 71 2344 Pahounui Drive Honolulu HI 1 Hawaii Land and Easement 144 100.0% 1,332 6,709 6,709 12/5/2003 — 72 238 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 60 100.0% 546 2,273 2,273 12/5/2003 — 73 2635 Waiwai Loop A Honolulu HI 1 Hawaii Land and Easement 23 100.0% 212 1,967 1,821 12/5/2003 — 74 2635 Waiwai Loop B Honolulu HI 1 Hawaii Land and Easement 22 100.0% 209 1,965 1,913 12/5/2003 — 75 2760 Kam Highway Honolulu HI 1 Hawaii Land and Easement 29 100.0% 147 846 846 12/5/2003 — 76 2804 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 34 100.0% 256 1,777 1,776 12/5/2003 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 77 2806 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 278 1,801 1,801 12/5/2003 — 78 2808 Kam Highway Honolulu HI 1 Hawaii Land and Easement 13 100.0% 104 310 310 12/5/2003 — 79 2809 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 36 100.0% 278 1,837 1,837 12/5/2003 — 80 2810 Paa Street Honolulu HI 1 Hawaii Land and Easement 52 100.0% 595 3,340 3,340 12/5/2003 — 81 2810 Pukoloa Street Honolulu HI 1 Hawaii Land and Easement 412 100.0% 3,454 27,703 27,699 12/5/2003 — 82 2812 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 273 1,804 1,802 12/5/2003 — 83 2814 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 37 100.0% 281 1,925 1,925 12/5/2003 — 84 2815 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 213 1,823 1,821 12/5/2003 — 85 2815 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 12 100.0% 98 287 287 12/5/2003 — 86 2816 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 44 100.0% 238 1,036 1,025 12/5/2003 — 87 2819 Mokumoa Street - A Honolulu HI 1 Hawaii Land and Easement 35 100.0% 274 1,821 1,821 12/5/2003 — 88 2819 Mokumoa Street - B Honolulu HI 1 Hawaii Land and Easement 35 100.0% 270 1,816 1,816 12/5/2003 — 89 2819 Pukoloa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 286 2,123 2,115 12/5/2003 — 90 2821 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 12 100.0% 98 287 287 12/5/2003 — 91 2826 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 70 100.0% 438 3,921 3,921 12/5/2003 — 92 2827 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 273 1,801 1,801 12/5/2003 — 93 2828 Paa Street Honolulu HI 1 Hawaii Land and Easement 187 100.0% 1,494 12,448 12,448 12/5/2003 — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 39

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 94 2829 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 70 100.0% — 1,722 1,720 12/5/2003 — 95 2829 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 12 100.0% 98 287 287 12/5/2003 — 96 2829 Pukoloa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 305 2,088 2,088 12/5/2003 — 97 2830 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 296 2,146 2,146 12/5/2003 — 98 2831 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 270 860 860 12/5/2003 — 99 2831 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 212 1,857 1,634 12/5/2003 — 100 2833 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 12 100.0% 97 601 601 12/5/2003 — 101 2833 Paa Street Honolulu HI 1 Hawaii Land and Easement 30 100.0% 291 1,701 1,701 12/5/2003 — 102 2833 Paa Street #2 Honolulu HI 1 Hawaii Land and Easement 30 100.0% 291 1,675 1,675 12/5/2003 — 103 2836 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 26 100.0% 144 1,353 1,353 12/5/2003 — 104 2838 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 83 100.0% 665 4,262 4,262 12/5/2003 — 105 2839 Kilihau Street Honolulu HI 1 Hawaii Land and Easement 12 100.0% 109 627 627 12/5/2003 — 106 2839 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 238 1,942 1,942 12/5/2003 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 107 2840 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 304 2,149 2,149 12/5/2003 — 108 2841 Pukoloa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 316 2,088 2,088 12/5/2003 — 109 2844 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 259 1,974 1,963 12/5/2003 — 110 2846-A Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 61 100.0% 474 3,135 2,770 12/5/2003 — 111 2847 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% — 885 769 12/5/2003 — 112 2849 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 362 860 860 12/5/2003 — 113 2850 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 9 100.0% 66 459 393 12/5/2003 — 114 2850 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 305 2,143 2,143 12/5/2003 — 115 2850 Paa Street Honolulu HI 1 Hawaii Land and Easement 298 100.0% 2,146 22,827 22,827 12/5/2003 — 116 2855 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 318 1,807 1,807 12/5/2003 — 117 2855 Pukoloa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 291 1,934 1,934 12/5/2003 — 118 2857 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 311 983 983 12/5/2003 — 119 2858 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 278 1,801 1,801 12/5/2003 — 120 2861 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 70 100.0% 431 3,867 3,867 12/5/2003 — 121 2864 Awaawaloa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 285 1,842 1,838 12/5/2003 — 122 2864 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 273 2,092 2,092 12/5/2003 — 123 2865 Pukoloa Street Honolulu HI 1 Hawaii Land and Easement 40 100.0% 299 1,934 1,934 12/5/2003 — 124 2868 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 377 1,801 1,801 12/5/2003 — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 40

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 125 2869 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 289 1,794 1,794 12/5/2003 — 126 2875 Paa Street Honolulu HI 1 Hawaii Land and Easement 23 100.0% 229 1,330 1,330 12/5/2003 — 127 2879 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 278 1,789 1,789 12/5/2003 — 128 2879 Paa Street Honolulu HI 1 Hawaii Land and Easement 31 100.0% 229 1,735 1,724 12/5/2003 — 129 2886 Paa Street Honolulu HI 1 Hawaii Land and Easement 60 100.0% 702 2,205 2,205 12/5/2003 — 130 2889 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 289 1,783 1,783 12/5/2003 — 131 2906 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 295 1,816 1,815 12/5/2003 — 132 2908 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 360 1,810 1,809 12/5/2003 — 133 2915 Kaihikapu Street Honolulu HI 1 Hawaii Land and Easement 105 100.0% 867 2,579 2,579 12/5/2003 — 134 2927 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 268 1,778 1,778 12/5/2003 — 135 2928 Kaihikapu Street - A Honolulu HI 1 Hawaii Land and Easement 35 100.0% 277 1,801 1,801 12/5/2003 — 136 2928 Kaihikapu Street - B Honolulu HI 1 Hawaii Land and Easement 38 100.0% 289 1,948 1,948 12/5/2003 — 137 2960 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 38 100.0% 318 1,977 1,977 12/5/2003 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 138 2965 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 42 100.0% 337 2,140 2,140 12/5/2003 — 139 2969 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 80 100.0% 381 4,053 4,045 12/5/2003 — 140 2970 Mokumoa Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 291 1,722 1,722 12/5/2003 — 141 33 S. Vineyard Boulevard Honolulu HI 1 Hawaii Land and Easement 12 100.0% 142 844 844 12/5/2003 — 142 525 N. King Street Honolulu HI 1 Hawaii Land and Easement 21 100.0% 269 1,342 1,342 12/5/2003 — 143 609 Ahua Street Honolulu HI 1 Hawaii Land and Easement 24 100.0% 213 624 617 12/5/2003 — 144 619 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 55 100.0% 528 1,415 1,414 12/5/2003 — 145 645 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 265 882 882 12/5/2003 — 146 659 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 256 880 864 12/5/2003 — 147 659 Puuloa Road Honolulu HI 1 Hawaii Land and Easement 35 100.0% 273 1,807 1,807 12/5/2003 — 148 660 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 196 1,787 1,784 12/5/2003 — 149 667 Puuloa Road Honolulu HI 1 Hawaii Land and Easement 35 100.0% 291 862 860 12/5/2003 — 150 669 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 438 1,877 1,858 12/5/2003 — 151 673 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 259 1,801 1,801 12/5/2003 — 152 675 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 30 100.0% 222 1,081 1,081 12/5/2003 — 153 679 Puuloa Road Honolulu HI 1 Hawaii Land and Easement 35 100.0% 275 1,810 1,808 12/5/2003 — 154 685 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 270 1,801 1,801 12/5/2003 — 155 673 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 275 1,821 1,805 12/5/2003 — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 41

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 156 692 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 370 1,798 1,798 12/5/2003 — 157 697 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 299 1,805 1,493 12/5/2003 — 158 702 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 267 1,787 1,784 12/5/2003 — 159 704 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 59 100.0% 469 3,075 2,813 12/5/2003 — 160 709 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 330 1,801 1,801 12/5/2003 — 161 719 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 319 1,960 1,960 12/5/2003 — 162 729 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 232 1,801 1,801 12/5/2003 — 163 733 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 65 100.0% 676 3,403 3,403 12/5/2003 — 164 739 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 238 1,801 1,801 12/5/2003 — 165 759 Puuloa Road Honolulu HI 1 Hawaii Land and Easement 34 100.0% 267 1,769 1,766 12/5/2003 — 166 761 Ahua Street Honolulu HI 1 Hawaii Land and Easement 73 100.0% 548 3,759 3,758 12/5/2003 — 167 766 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 279 1,801 1,801 12/5/2003 — 168 770 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 343 1,801 1,801 12/5/2003 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 169 789 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 47 100.0% 263 2,611 2,609 12/5/2003 — 170 80 Sand Island Access Road Honolulu HI 1 Hawaii Land and Easement 191 100.0% 1,564 7,972 7,972 12/5/2003 — 171 803 Ahua Street Honolulu HI 1 Hawaii Land and Easement 73 100.0% — 3,804 3,804 12/5/2003 — 172 808 Ahua Street Honolulu HI 1 Hawaii Land and Easement 57 100.0% 505 3,279 3,279 12/5/2003 — 173 812 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 267 2,613 2,613 12/5/2003 — 174 819 Ahua Street Honolulu HI 1 Hawaii Land and Easement 105 100.0% 1,036 5,434 5,201 12/5/2003 — 175 822 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 322 1,810 1,798 12/5/2003 — 176 830 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 273 1,826 1,806 12/5/2003 — 177 841 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 63 100.0% 499 3,265 3,265 12/5/2003 — 178 842 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 314 1,809 1,797 12/5/2003 — 179 846 Ala Lilikoi Boulevard B Honolulu HI 1 Hawaii Land and Easement 8 100.0% 42 234 234 12/5/2003 — 180 848 Ala Lilikoi Boulevard A Honolulu HI 1 Hawaii Land and Easement 326 100.0% 1,656 9,426 9,426 12/5/2003 — 181 850 Ahua Street Honolulu HI 1 Hawaii Land and Easement 48 100.0% 266 2,684 2,682 12/5/2003 — 182 852 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 279 1,801 1,801 12/5/2003 — 183 855 Ahua Street Honolulu HI 1 Hawaii Land and Easement 35 100.0% 215 1,834 1,834 12/5/2003 — 184 865 Ahua Street Honolulu HI 1 Hawaii Land and Easement 36 100.0% 312 1,846 1,846 12/5/2003 — 185 889 Ahua Street Honolulu HI 1 Hawaii Land and Easement 49 100.0% 412 6,203 6,153 11/21/2012 — 186 905 Ahua Street Honolulu HI 1 Hawaii Land and Easement 21 100.0% 172 1,148 1,148 12/5/2003 — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 42

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 187 918 Ahua Street Honolulu HI 1 Hawaii Land and Easement 72 100.0% 464 3,820 3,820 12/5/2003 — 188 930 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 69 100.0% 517 3,654 3,654 12/5/2003 — 189 944 Ahua Street Honolulu HI 1 Hawaii Land and Easement 27 100.0% 207 1,219 1,219 12/5/2003 — 190 949 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 237 100.0% 1,608 11,568 11,568 12/5/2003 — 191 950 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 33 100.0% 262 1,724 1,724 12/5/2003 — 192 960 Ahua Street Honolulu HI 1 Hawaii Land and Easement 14 100.0% 120 614 614 12/5/2003 — 193 960 Mapunapuna Street Honolulu HI 1 Hawaii Land and Easement 37 100.0% 308 1,933 1,933 12/5/2003 — 194 970 Ahua Street Honolulu HI 1 Hawaii Land and Easement 15 100.0% 111 817 817 12/5/2003 — 195 91-027 Kaomi Loop Kapolei HI 1 Hawaii Land and Easement 214 —% — 2,667 2,667 6/15/2005 — 196 91-064 Kaomi Loop Kapolei HI 1 Hawaii Land and Easement 99 100.0% 323 1,826 1,826 6/15/2005 — 197 91-080 Hanua Kapolei HI 1 Hawaii Land and Easement 217 100.0% 508 2,187 2,187 6/15/2005 — 198 91-083 Hanua Kapolei HI 1 Hawaii Land and Easement 47 100.0% 127 716 716 6/15/2005 — 199 91-086 Kaomi Loop Kapolei HI 1 Hawaii Land and Easement 1,242 100.0% 1,861 13,884 13,884 6/15/2005 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 200 91-087 Hanua Kapolei HI 1 Hawaii Land and Easement 22 100.0% 69 381 381 6/15/2005 — 201 91-091 Hanua Kapolei HI 1 Hawaii Land and Easement 41 100.0% 156 552 552 6/15/2005 — 202 91-102 Kaomi Loop Kapolei HI 1 Hawaii Land and Easement 99 100.0% 252 1,599 1,599 6/15/2005 — 203 91-110 Kaomi Loop Kapolei HI 1 Hawaii Land and Easement 99 100.0% 234 1,293 1,293 6/15/2005 — 204 91-119 Olai Kapolei HI 1 Hawaii Land and Easement 98 100.0% 226 1,981 1,981 6/15/2005 — 205 91-141 Kalaeloa Kapolei HI 1 Hawaii Land and Easement 910 100.0% 2,015 11,624 11,624 6/15/2005 — 206 91-150 Kaomi Loop Kapolei HI 1 Hawaii Land and Easement 250 100.0% 425 3,159 3,159 6/15/2005 — 207 91-171 Olai Kapolei HI 1 Hawaii Land and Easement 24 100.0% 53 265 242 6/15/2005 — 208 91-174 Olai Kapolei HI 1 Hawaii Land and Easement 58 100.0% 151 1,009 992 6/15/2005 — 209 91-175 Olai Kapolei HI 1 Hawaii Land and Easement 48 100.0% — 1,286 1,268 6/15/2005 — 210 91-185 Kalaeloa Kapolei HI 1 Hawaii Land and Easement 122 100.0% 238 1,761 1,761 6/15/2005 — 211 91-202 Kalaeloa Kapolei HI 1 Hawaii Building 84 100.0% 375 2,048 2,001 6/15/2005 1964 212 91-210 Kauhi Kapolei HI 1 Hawaii Land and Easement 44 100.0% 125 567 567 6/15/2005 — 213 91-210 Olai Kapolei HI 1 Hawaii Land and Easement 54 100.0% 206 706 706 6/15/2005 — 214 91-218 Olai Kapolei HI 1 Hawaii Land and Easement 107 100.0% 209 1,683 1,665 6/15/2005 — 215 91-220 Kalaeloa Kapolei HI 1 Hawaii Building 23 100.0% 349 1,871 1,322 6/15/2005 1991 216 91-222 Olai Kapolei HI 1 Hawaii Land and Easement 158 100.0% 380 2,035 2,035 6/15/2005 — 217 91-238 Kauhi Kapolei HI 1 Hawaii Building 85 100.0% 1,379 10,599 7,935 6/15/2005 1981 218 91-241 Kalaeloa Kapolei HI 1 Hawaii Building 45 100.0% 703 5,247 3,635 6/15/2005 1990 (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 43

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 219 91-250 Komohana Kapolei HI 1 Hawaii Land and Easement 107 100.0% 302 1,506 1,506 6/15/2005 — 220 91-252 Kauhi Kapolei HI 1 Hawaii Land and Easement 43 100.0% 106 536 536 6/15/2005 — 221 91-255 Hanua Kapolei HI 1 Hawaii Land and Easement 95 100.0% 271 1,246 1,244 6/15/2005 — 222 91-259 Olai Kapolei HI 1 Hawaii Land and Easement 131 100.0% 289 2,944 2,944 6/15/2005 — 223 91-265 Hanua Kapolei HI 1 Hawaii Land and Easement 95 100.0% 232 1,569 1,569 6/15/2005 — 224 91-300 Hanua Kapolei HI 1 Hawaii Land and Easement 107 100.0% 224 1,381 1,381 6/15/2005 — 225 91-329 Kauhi Kapolei HI 1 Hawaii Building 48 100.0% 858 5,024 3,633 6/15/2005 2013 226 91-349 Kauhi Kapolei HI 1 Hawaii Land and Easement 48 100.0% 122 649 649 6/15/2005 — 227 91-399 Kauhi Kapolei HI 1 Hawaii Land and Easement 2,236 100.0% 2,688 27,405 27,405 6/15/2005 — 228 91-400 Komohana Kapolei HI 1 Hawaii Land and Easement 96 100.0% 240 1,494 1,494 6/15/2005 — 229 91-410 Komohana Kapolei HI 1 Hawaii Land and Easement 21 100.0% 53 430 429 6/15/2005 — 230 91-416 Komohana Kapolei HI 1 Hawaii Land and Easement 27 100.0% 69 724 723 6/15/2005 — 231 AES HI Easement Kapolei HI 1 Hawaii Land and Easement (4) — —% — 1,250 1,250 6/15/2005 — PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 232 Other Easements & Lots Kapolei HI 1 Hawaii Land and Easement (4) — —% — 1,753 1,379 6/15/2005 — 233 Tesaro 967 Easement Kapolei HI 1 Hawaii Land and Easement (4) (5) — —% — 6,593 6,593 6/15/2005 — 234 Texaco Easement Kapolei HI 1 Hawaii Land and Easement (4) — —% — 2,653 2,653 6/15/2005 — 235 94-240 Pupuole Street Waipahu HI 1 Hawaii Land and Easement 44 100.0% 430 717 717 12/5/2003 — 236 5500 SE Delaware Avenue Ankeny IA 1 Mainland Industrial 450 (6) 100.0% 1,834 20,412 18,641 1/29/2015 2012 237 951 Trails Road Eldridge IA 1 Mainland Industrial 173 100.0% 1,034 8,824 6,423 4/2/2007 2001 238 2300 North 33rd Avenue East Newton IA 1 Mainland Industrial 318 100.0% 1,458 14,131 10,508 9/29/2008 2008 239 7121 South Fifth Avenue Pocatello ID 1 Mainland Industrial 34 100.0% 400 4,746 4,300 1/29/2015 2007 240 1230 West 171st Street Harvey IL 1 Mainland Industrial 40 100.0% 475 2,473 2,299 1/29/2015 2004 241 5156 American Road Rockford IL 1 Mainland Industrial 38 100.0% 173 2,011 1,849 1/29/2015 1996 242 2801 Airwest Boulevard Plainfield IN 1 Mainland Industrial 805 100.0% 2,570 40,344 40,213 2/14/2019 2006 243 4237-4255 Anson Boulevard Whitestown IN 1 Mainland Industrial 1,037 100.0% 5,765 65,279 65,087 2/14/2019 2011 244 6825 West County Road 400 Greenfield IN 1 Mainland Industrial 245 100.0% 1,548 15,217 15,164 2/14/2019 2008 245 900 Commerce Parkway West Greenwood IN 1 Mainland Industrial 294 100.0% 1,459 17,736 17,676 2/14/2019 2007 246 9347 E Pendleton Pike Lawrence IN 1 Mainland Industrial 535 100.0% 3,300 38,640 38,510 2/14/2019 2009 247 1985 International Way Hebron KY 1 Mainland Industrial 189 100.0% 840 10,002 9,970 2/14/2019 1997 248 20 Logistics Boulevard Walton KY 1 Mainland Industrial 604 100.0% 2,835 37,991 37,860 2/14/2019 2006 249 17200 Manchac Park Lane Baton Rouge LA 1 Mainland Industrial 125 100.0% 895 10,560 9,637 1/29/2015 2014 250 209 South Bud Street Lafayette LA 1 Mainland Industrial 70 100.0% 374 5,258 4,783 1/29/2015 2010 (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. (4) Land parcels include four easements. (5) Excludes annual tenant percentage rent generally received and recognized during the first quarter of each year for the previous year. Percentage rent recognized during the first quarter of 2019 totaled $1,162. (6) Square footage excludes a 194 square foot expansion to be constructed prior to the commencement of the lease. 44

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation 251 4000 Principio Parkway North East MD 1 Mainland Industrial 1,196 100.0% 6,065 76,368 68,899 1/29/2015 2012 252 16101 Queens Court Upper MD 1 Mainland Industrial 221 100.0% 1,824 27,130 26,857 9/28/2018 2016 253 3800 Midlink Drive Kalamazoo MI 1 Mainland Industrial 158 100.0% 2,184 43,229 39,000 1/29/2015 2014 254 2401 Cram Avenue SE Bemidji MN 1 Mainland Industrial 22 100.0% 183 2,237 2,014 1/29/2015 2013 255 10100 89th Avenue North Maple Grove MN 1 Mainland Industrial 319 100.0% 2,555 24,754 24,513 10/16/2018 2015 256 110 Stanbury Industrial Drive Brookfield MO 1 Mainland Industrial 16 100.0% 190 2,059 1,865 1/29/2015 2012 257 628 Patton Avenue Asheville NC 1 Mainland Industrial 33 100.0% 202 2,014 1,856 1/29/2015 1994 258 3900 NE 6th Street Minot ND 1 Mainland Industrial 24 100.0% 351 3,923 3,587 1/29/2015 2013 259 1415 West Commerce Way Lincoln NE 1 Mainland Industrial 222 100.0% 1,092 10,718 9,830 1/29/2015 2000 260 309 Dulty's Lane Burlington NJ 1 Mainland Industrial 634 100.0% 3,454 53,000 47,645 1/29/2015 2001 261 725 Darlington Avenue Mahwah NJ 1 Mainland Industrial 167 100.0% 2,335 18,990 17,737 4/9/2014 2010 262 2375 East Newlands Road Fernley NV 1 Mainland Industrial 338 100.0% 1,483 18,700 16,856 1/29/2015 2007 263 55 Commerce Avenue Albany NY 1 Mainland Industrial 125 100.0% 1,130 11,284 10,207 1/29/2015 2013 PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 264 32150 Just Imagine Drive Avon OH 1 Mainland Industrial 645 100.0% 3,479 25,480 19,757 5/29/2009 2000 265 1415 Industrial Drive Chillicothe OH 1 Mainland Industrial 44 100.0% 362 4,465 4,125 1/29/2015 2012 266 5300 Centerpoint Parkway Groveport OH 1 Mainland Industrial 581 100.0% 2,931 32,563 29,452 1/29/2015 2014 267 200 Orange Point Drive Lewis Center OH 1 Mainland Industrial 125 100.0% 1,049 10,075 9,168 1/29/2015 2013 268 301 Commerce Drive South Point OH 1 Mainland Industrial 75 100.0% 489 5,130 4,658 1/29/2015 2013 269 2820 State Highway 31 McAlester OK 1 Mainland Industrial 59 100.0% 790 7,451 6,992 1/29/2015 2017 270 5 Logistics Drive Carlisle PA 1 Mainland Industrial 205 100.0% 1,257 18,814 18,620 9/20/2018 2016 271 996 Paragon Way Rock Hill SC 1 Mainland Industrial 945 100.0% 3,040 38,520 34,778 1/29/2015 2014 272 510 John Dodd Road Spartanburg SC 1 Mainland Industrial 1,016 100.0% 4,671 61,340 55,297 1/29/2015 2012 273 4836 Hickory Hill Road Memphis TN 1 Mainland Industrial 646 100.0% 1,408 12,921 11,710 12/23/2014 2007 274 2020 Joe B. Jackson Parkway Murfreesboro TN 1 Mainland Industrial 1,016 100.0% 4,993 62,759 57,003 1/29/2015 2012 275 1095 South 4800 West Salt Lake City UT 1 Mainland Industrial 149 100.0% 1,096 8,413 7,697 1/29/2015 2012 276 1901 Meadowville Technology Parkway Chester VA 1 Mainland Industrial 1,016 100.0% 6,349 71,511 64,479 1/29/2015 2012 277 181 Battaile Drive Winchester VA 1 Mainland Industrial 308 100.0% 1,532 14,352 10,201 4/20/2006 1987 277 33,243 99.4% $ 186,297 $ 1,687,858 $ 1,588,635 (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. 45

PROPERTY DETAIL (CONTINUED) As of March 31, 2019 (dollars and square feet in thousands) EXHIBIT A Number of Year Buildings, Annualized Built or Land Parcels Property Rental Undepreciated Depreciated Date Most Recent Property City State and Easements Type Square Feet % Leased Revenues (1) Carrying Value (2) Carrying Value (2) Acquired (3) Renovation Pro forma - Properties acquired in April 2019 (4) 278 3870 Ronald Reagan Boulevard Johnstown CO 1 Mainland Industrial 97 100.0% 998 — — 4/9/2019 2014 279 3350 Laurel Ridge Avenue Ruskin FL 1 Mainland Industrial 1,018 100.0% 8,514 — — 4/9/2019 2014 280 3425 Maple Drive Fort Dodge IA 1 Mainland Industrial 25 100.0% 200 — — 4/9/2019 2014 281 2150 Stanley Road Plainfield IN 1 Mainland Industrial 494 100.0% 2,400 — — 4/2/2019 2007 282 945 Monument Drive Lebanon IN 1 Mainland Industrial 963 100.0% 3,507 — — 4/9/2019 2014 283 2482 Century Drive Goshen IN 1 Mainland Industrial 250 100.0% 1,002 — — 4/9/2019 2015 284 3201 Bearing Drive Franklin IN 1 Mainland Industrial 423 100.0% 1,654 — — 4/9/2019 1973 285 5501 Providence Hill Drive St. Joseph MO 1 Mainland Industrial 67 100.0% 374 — — 4/9/2019 2014 286 3502 Enterprise Avenue Joplin MO 1 Mainland Industrial 231 100.0% 1,164 — — 4/9/2019 2014 PROPERTY DETAIL (CONTINUED) DETAIL PROPERTY 287 5148 North Hanley Road St. Louis MO 1 Mainland Industrial 431 100.0% 4,112 — — 4/9/2019 2015 288 52 Pettengill Road Londonderry NH 1 Mainland Industrial 614 100.0% 4,901 — — 4/9/2019 2015 289 7000 West Post Road Las Vegas NV 1 Mainland Industrial 96 100.0% 1,305 — — 4/9/2019 2010 290 158 West Yard Road Feura Bush NY 1 Mainland Industrial 354 100.0% 1,666 — — 4/9/2019 2002 291/292/293 1580, 1590 & 1600 Williams Road Columbus OH 3 Mainland Industrial 760 100.0% 2,348 — — 4/9/2019 1999 294 1800 Union Airpark Boulevard Union OH 1 Mainland Industrial 1,791 100.0% 9,048 — — 4/9/2019 2014 295 700 Marine Drive Rock Hill SC 1 Mainland Industrial 201 100.0% 971 — — 4/9/2019 2014 296 1990 Hood Road Greer SC 1 Mainland Industrial 190 100.0% 1,105 — — 4/9/2019 2015 297 5001 West Delbridge Street Sioux Falls SD 1 Mainland Industrial 167 100.0% 1,516 — — 4/9/2019 2016 298 5000 Commerce Way Petersburg VA 1 Mainland Industrial 1,016 100.0% 4,539 — — 4/9/2019 2012 21 9,188 100.0% 51,324 — — (1) We define annualized rental revenues as the annualized contractual rents, as of March 31, 2019, including straight line rent adjustments and excluding lease value amortization, adjusted for tenant concessions including free rent and amounts reimbursed to tenants, plus estimated recurring expense reimbursements from tenants. (2) Excludes the value of real estate intangibles. (3) Date acquired is the date we, SIR or SIR's former parent entity acquired the property. (4) Pro forma information includes 19 properties acquired in April 2019. We acquired 18 industrial properties located in 12 states with an aggregate of approximately 8,694 rentable square feet for a purchase price of $624,650, excluding acquisition related costs and including the assumption of $56,980 of mortgage debt. We also completed the acquisition of the remaining property of a previous agreement entered in February 2019 to acquire eight industrial properties in the Indianapolis and Cincinnati market areas. The last remaining property with approximately 494 rentable square feet for a purchase price of $30,500 was acquired in April 2019. 46

WARNING CONCERNING FORWARD-LOOKING STATEMENTS This supplemental operating and financial data may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Whenever we use words such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “will”, “may” and negatives or derivatives of these or similar expressions, we are making forward-looking statements. These forward-looking statements are based upon our present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in or implied by our forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond our control. The information contained in our filings with the Securities and Exchange Commission, or SEC, including under “risk factors” in our periodic reports, or incorporated therein, identifies important factors that could cause our actual results to differ materially from those stated in or implied by our forward-looking statements. Our filings with the SEC are available on the SEC's website at www.sec.gov. You should not place undue reliance upon forward-looking statements. Except as required by law, we do not intend to update or change any forward-looking statements as a result of new information, future events or otherwise. WARNING CONCERNING FORWARD LOOKING STATEMENTS CONCERNING FORWARD WARNING 47