|Existing Portfolio (as of December 31, 2018)|
|Real estate under management1||Approximately $306.6 million|
|Number of buildings||13|
|Net rentable square feet||2.7 million|
|Number of customers||18|
|Weighted average remaining lease term||Approximately 5.6 years (based on square feet)|
|Average annual rent increases2||2.0% to 3.0%|
|Share Classes||Class T Share
Class W Share
Class I Share
As of December 31, 2018
1 Gross asset value as of December 31, 2018.
2 Average annual rent increases represent the average of contractual rent increases across BCI IV’s leases. There is no guarantee that such rent increases will be achieved on each lease.
3 Total portfolio as of December 31, 2018. Southern California market consists of Inland Empire and Los Angeles markets.
4 Size of circle represents weight by investment dollars.