The California Transportation-Oriented Portfolio is a logistics-oriented portfolio concentrated in Southern California. In the third quarter, the Portfolio closed on two additional acquisitions across 9.3 acres, bringing the portfolio total to 12 assets, 708 dock doors and 95.3 acres. One of the additional assets, situated on 4.2 acres in Compton, is currently undergoing a complete redevelopment. Once complete, the facility will offer 125 dock doors and 193 trailer parking stalls. The second additional asset is a 5.1-acre site in Ontario. Upon completion, the property will offer 52 dock doors and 76 trailer parking stalls. Both properties offer immediate proximity to Ontario International Airport and the twin ports of Los Angeles and Long Beach, which serve as the entry point for a quarter of the nation’s imports and exports.