INVESTMENT PORTFOLIO

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We believe in looking past the spin of a sales brochure, to the cracks in the pavement. Understanding the details of a property, most notably its imperfections, is essential to evaluating its ability to produce revenue long-term.

INVESTMENT MIX

Our portfolio is diversified across a number of measures, including tenancy, lease duration, financing terms, and geography. This mix of supports long-term, sustainable and increasing cash flows.

Diversified by Industry
(As of December 31, 2025)
IndustrialOfficeLand
80.1619.770.07

PHYSICAL OCCUPANCY

(As of December 31, 2025)

Sterling Office and Industrial Trust measures physical occupancy of our investment properties. Tracking physical occupancy reveals the level of vacancy.

Physical Occupancy
quarterpercent
Q2 20250.9467
Q3 20250.9496
Q4 20250.9454
Q1 20260.9571
Q2 20260.9061
Physical Occupancy by State
statepercent
IN1
KS0.7983
MN0.8843
NE0.7559
ND0.8646
SD0.9812
WI1

GEOGRAPHIC MIX

In 2025, Sterling Office and Industrial Trust’s operating partnership, Sterling Office and Industrial Properties, LLLP, directly owned 48 properties in eight states. We intend to maintain a long-term, buy-and-hold mentality while expanding our footprint throughout the United States.

Diversified by State
(As of December 31, 2025)
MinnesotaWisconsinNorth DakotaNebraskaSouth DakotaKansasIndianaTexas
22.0421.3517.8411.6810.588.154.244.12

TOTAL SQUARE FEET

(As of December 31, 2025)
Industrial Square Feet
quartersquare feet
Q2 20252758218
Q3 20252694600
Q4 20252694203
Q1 20263112262
Q2 20263543770
Office Square Feet
quartersquare feet
Q2 2025748954
Q3 2025748954
Q4 2025749574
Q1 2026629202
Q2 2026629482

OFFICE & INDUSTRIAL PROPERTIES

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View a comprehensive list of the office and industrial properties in our portfolio.