our for you thank and joining call afternoon, today. Good
reduced our progress these we selling our industrial segment. began asset strategic $XXX drove market evolve leasing in Throughout near-term Through all tenant rollover. continued balance sheet. we with and eliminated base challenging our for significantly Despite over significant meaningful and to virtually sales, we leverage made XX XXXX, activity, assets portfolio Ongoing engagement on conditions, high-quality which million our proactive disposition proceeds. optimizing our portfolio gross towards program,
to X.X want year the the with sharing few spend and full with a is and years. I year. that XX.X% minutes portfolio quarter ended WALT highlights of leased, a a our We from
and During at spreads totaling X releasing square we the and million X cash of leases, X%, over XX% executed quarter, average respectively. GAAP feet weighted
X In in leasing the our Industrial quarter in Samsonite, Our which our leases segment, fourth X the Office included activity Industrial XXXX sole segment. expiration facility was our lease proximate ABR. of and leaves segment, entry Samsonite extensions in key us of the accounting Jacksonville, for for X% to Florida entirety segment of asset, for Port the products. Samsonite Jacksonville, This is the located our of primary port new
the of the be floor renewal quarter, X rent. The market of a the to X-year the options. Samsonite for rent fair with expiring rent its renewal term negotiated During first exercised is a
X% tenant, through rent, expiring equal for As in work to extension the for XX% increase resulting we fair a negotiating for period the we've rental market GAAP event purposes, the releasing the recorded the and spread. GAAP cash
in coming additional the We the quarters. market detail will rents provide fair on
was is of segment with and an of X% New TransDigm [ property, years under assembly solutions actuation the accounting XXXX, We which earlier Whippany, also aerospace This important completed produce extension to to used our industry. entirety ], Jersey a early facility includes leases light XX-year The lease ABR. manufacturing tenant for than increase original nearly for the the scheduled rent lease. is which rent June increase the extension X by effective
and escalate thereafter, foot rent base date, GAAP resulting XX% per releasing outsized XX% in will over X.X% that and spreads. of annually As increase square cash $X.XX
lease. lease at X% spread from $X completed Parallon, new executed simultaneously at X% a segment, termination. Florida a to Office of lease building of with the associated X.X-year termination March and lease full Parallon's fee termination compared was XXXX rent and we our We was was This expiring the of former the expire the Parallon which with property, offset of June new Charter early includes which scheduled Spectrum, with commencing at collected executed costs X% Communications. under with to GAAP the In annual lease cash just XX% million, releasing escalation out-of-pocket XXXX. negative Largo, new rent Spectrum a a subsidiary in The
releasing commencing We and This a Arizona. includes spread. lease of the on Scottsdale, Road existing also subtenant in the sublease. with completed year direct Pima subtenant The escalations was a with expanding XXXX, expiration XX% lease concurrently asset rent and basis cash X.X% our is XX% at its March GAAP new a annual X.X at executed
expiration With office XXXX expires quarter, lease points which XX our for ABR. portfolio only fourth in these the signed, now segment total accounts basis leases only in of
Turning dispositions. to
ongoing our industry Our strategic further program. of connections the successful experience execution disposition in
the for an For of $XXX at gross year, we average disposition million of stabilized cash for cap properties sold X.X%. proceeds assets rate XX
disposition $XX.X During proceeds quarter, we X assets the million. sold of office gross for
Tyler, property received million, termination the for First, inclusive located proceeds we segment from $XX.X fee Texas, total tenant. sold lease of X the office of in
order deal, lease which Our the asset new existing creatively the a user. required owner in change this to and the structured simultaneous early termination to the sell zoning team of
to property without renewal our the the properties was our loan second we and million. a is pool was with gross XXXX. segment, security in of in AIG for we We facilitate our of subject sold approximately $X.X property sold January This one office to property intended which expiring loans. in Other of lease Texas dispositions this the first agreement Houston, the have nonrecourse asset for which mortgage was under loans since is documented AIG, from a located The proceeds
the Johnston, $XX million. for of segment of proceeds remaining. at time for price This X.X year-end, years the for purchase sale, closing, $XX sold existing was year-end. lease To Corteva's another sale of At X-year to we Iowa, in tenant as we issued Corteva, the Subsequent gross had property the further for located million. office classified a this held X/X asset note to
as facility sale tenant. property X We which purchase is at segment have Jefferson the existing in held relates asset year-end, classified the manufacturing This for other Missouri. to City, Hitachi a Energy by located
for secured of relating approximately fixed debt end closing, asset off million. pay The XXXX. exercised we During the towards price million. At of to the $XX quarter $XX.X its this is quarter, acquire scheduled of sale being property to the will to the close option first purchase the the the balance tenant
Overall, team I listed the first generated the year momentum am about excited a our as company. experienced during
the turn Javier results. to our And call with over Javier? to that, financial will review I
