Office Properties Income Trust
office properties income trust announces third quarter financial results i during the continued to advance its business strategies while navigating challenging market conditions facing the commercial market normalized of per share for the exceeded the high end of our guidance range leasing across the portfolio remained active with square feet of new and renewal leasing in the and now totals more than million square feet year to date while utilization remains well below historical levels our leasing pipeline is active and we estimate our portfolio wide utilization trends improved to approximately we closed on two mortgage loans for proceeds of million bringing our total mortgage proceeds this year to more than million we believe these transactions illustrate the financing opportunities available within our diversified portfolio looking forward we remain focused on addressing upcoming debt maturities executing on select asset sales actively engaging with our tenants to renew leases and converting prospects in our lease pipeline to fill vacancies president and chief executive officer | Office Properties Income Trust
Company
Deck Type
Sector
Industry
Deck date
October 2023
Slide
4 of 32
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