ExchangeRight has announced that through Q2 2025 the company maintained 100% rent collections and executed 50 lease renewals across the company’s entire net lease platform, including all properties in the Essential Income REIT. This strong asset management resulted in a net lease occupancy rate of 99.86% as of June 30, 2025, among the highest in the net lease sector.
ExchangeRight’s Asset Management Update as of June 30, 2025
Leasing Performance Highlights (2023 – Q2 2025)
- 50 lease renewals executed with 11 national tenants operating essential businesses, including industry-leading retailers and service providers
- Average lease extension of 64 months, reinforcing long-term tenant commitments and supporting consistent cash flow to investors
- 6.15% weighted average rent increases secured on renewed leases, enhancing overall rental income and portfolio performance
Net Lease Platform Occupancy
- 99.86% occupancy rate for ExchangeRight’s net-leased assets under management as of June 30, 2025, reflecting one of the highest occupancy rates in the net lease sector
- 25:1 ratio of lease renewals and re-leases to vacancies, demonstrating strong tenant retention and successful re-leasing strategies
- Only 17 leases across the Net Lease Platform (0.60% of total platform rents) with expirations in the next 12 months, minimizing near-term rollover risk
Past performance does not guarantee future results.
“Our disciplined Asset Management and Leasing teams continue to deliver strong results on behalf of investors, supporting ExchangeRight’s reputation for proactive and investor-centric operational management,” said Tim Williams, director of asset management. “These results benefit ExchangeRight’s investors by supporting stable monthly distributions to empower investors to be secure, free, and generous.”
“As we execute our aggregation strategy and scale our REIT platform, each renewal strengthens long-term income potential for investors,” said Joshua Ungerecht, a managing partner at ExchangeRight. “Our focus remains on stewarding investor capital faithfully by prioritizing operational excellence, creditworthy tenants, and recession-resilient assets throughout all market cycles.”
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