Thank you, Tyler.
up a both a our basis Across a renewing with leases Coast on feet and on results that West markets. We of square our share cash portfolio, and or XX% GAAP exceeding are new approximately solid this see across same-store stabilized on results XX% quarter basis. we per to our were we've and expectations. start financial are XXX,XXX particularly signed off space strength year We great to encouraged by continue the FFO first reported
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X our expect that projects Lake the retail be Dexter One X to over construction of mixed-use continues other space project on three Mar XX% quarter. where committed and in of phase of next also Del We Seattle, our Vine, Academy XX% South XXX Union phase in Paseo we and submarket now of the leased
end. and new space, a much the they Paseo delivery currently of of To of incremental five by these highlighting million million to X.X than and the retail of As billion, anticipated shops feet square represent projects. we the of XXX,XXX square Together at projects, the Overall, schedule with total million. year we More voted $XXX over $XXX our feet spending generate of these approximately matter on is retail a interest, remaining of to XXX five office total recently One in over One residential was estimated NOI deliver of region, office half expect just leased best Paseo units. project. space, investment $X.X space from summarize
the discussed we in occupied science into one last in million South the in in today, As in approximately San office quarter's represents we January, of vibrant purchased markets U.S. call Point of is most acquisition Francisco, takes and Oyster stabilization. upon three submarket X% building a the yield that mid XX% and $XXX lab life us
development are opportunity acquisition. of Oyster most our adjacent directly new you know Point As to we a pursuing
We well confidentiality life a time, agreement strength the prohibits opportunity at given this us location. have as but the very about sector, of from science discussing are particular details this this as excited we that
on acquisition We our lab New this provide Xth in able development Day and plans expect be Investor York City. our at to details June to
our are goals making also on capital progress recycling XXXX. We for
to process objective million in expect of race second of to months of year. four shrinking the are the taking across markets. we dispositions seeing stated our top are Coast $XXX West to for market supply, To rental rising closings demand, with core XXXX, million in previously non-core properties $XXX on assets, our of meet summarize combination and half this the upward pressure and a quality We of in and
in a and value, committed most towards see of portfolio have largely remain sustainable to returns to my completes That the and to opportunities am youngest We development, closer worker pursuing our financial to strong over the continue modern Jeff. the we opportunities create I discipline. shareholder and and in year markets. with for going look call turn and prudence at And these remarks. Jeff
