hello joining Thanks, us. everyone. for and Thank you Tyler,
Francisco’s XXXX buildings strength expirations. Cruise, campus. major We a XXXX to foot XXX,XXX on urban and headquarters signed with progress backfilling technology leasing basis a substantial for We an quarter San our and stabilized the a continue into on all-time new to volume. the combining of existing and XX% our portfolio We cash than rents see or high terms very X.X up on most corridor our on West setting more create XX% We an second made of our square us healthy markets, with renewing basis. square across portfolio, GAAP Coast in million GM conditions in for sought-after leases in leveraged new lease
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let’s the details. Now get into
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Moving to development.
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well as wants, project. the to-be-built significant foot the With and that providing respective office retail modern amenities are creating energy components residential community the as tenants now buzz showing XXX,XXX and the office in our square in interest tenant
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capital Let with update me a finish on quick recycling.
now the non-refundable for of sale a on multi-building Northern $XXX are California campus in million. We
We the this quarter. close in expect to fourth disposition
also previously leave To and to several at me summarize, the the with of other range within for year. various on process stages you We messages. our let stated sales assets four expect be are
First, ideally that portfolio strengthening, in are modern our capture is young to demand. and markets fundamentals not our softening, positioned
and rent in few the of forecast brokerage increases all our over to difficult we next continued the it’s While community years. predict markets precisely,
our focused capital which is allocation increasing value. on long-term remains development, strategy creating Second, both FFO and
expect above, by to FFO XXXX. XX% grow the we mentioned developments by With
dispositions, Third, we our will in continue with That that we ongoing disciplined fund fourth, company. addition completes managing will stay the of remarks. And risk to transactions the and market our my to in economically. conservatively growth discuss, the capital Tyler
the turn a I’ll Jeff? our look Jeff markets. closer for to at over Now call
