v3.26.3
Real Estate - Summary of Dispositions of Net Investments in Real Estate (Detail)
ft² in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
ft²
a
Property
Sep. 30, 2025
USD ($)
ft²
a
Property
Sep. 30, 2026
USD ($)
ft²
a
Property
Sep. 30, 2025
USD ($)
a
ft²
Property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Acres of land | a 282 [1] 38 724 [1] 486
Gains on dispositions of development properties and land, net [2],[3] $ 51,538 $ 15,435 $ 423,717 $ 53,363
Gains on other dispositions of investments in real estate, net $ 56,435 $ 32,235 $ 359,924 $ 116,078
Continuing Operations [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings | Property [2],[3] 3 1 18 2
Square feet | ft² [2],[3] 1,641 57 8,703 459
Acres of land | a [2],[3] 18 0 302 46
Net proceeds [2],[3] $ 111,538 $ 49,661 $ 1,324,175 $ 150,938
Discontinuing Operations [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Number of buildings | Property 5 1 34 7
Square feet | ft² 402 284 5,259 1,308
Net proceeds $ 69,601 $ 42,328 $ 875,530 $ 211,487
[1] In April and July 2026, we acquired our partners' interests in two previously unconsolidated entities, resulting in consolidation of the underlying properties. The April acquisition related to a co-investment venture in Asia comprising 74 operating properties aggregating 23 million square feet, while the July acquisition related to an other venture in the U.S.
[2] During 2026, we contributed real estate properties and land to three new unconsolidated co-investment ventures: two development vehicles in the U.S. in the first quarter and one stabilized vehicle in Europe in the second quarter.
[3] The gains we recognize in Gains on Dispositions of Development Properties and Land, Net in the Consolidated Statements of Income are principally driven by the contribution of newly developed properties to our unconsolidated co-investment ventures and occasionally sales to a third party.