BREIT 2017 Annual Report
73 Lease Expirations The following schedule details the expiring leases at our industrial and retail properties by annualized base rent and square footage as of December 31, 2017 ($ and square feet data in thousands). The table below excludes our multifamily properties as substantially all leases at such properties expire within 12 months. Year Number of Expiring Leases Annualized Base Rent (1) % of Total Annualized Base Rent Expiring Square Feet % of Total Square Feet Expiring 2018 21 4,291 9% 785 9% 2019 21 6,051 12% 1,146 13% 2020 22 3,370 7% 580 7% 2021 27 8,221 16% 1,476 17% 2022 21 7,269 14% 1,351 16% 2023 28 13,195 26% 2,388 27% 2024 11 1,736 3% 193 2% 2025 11 3,295 7% 535 6% 2026 5 1,040 2% 101 1% 2027 3 300 1% 22 0% Thereafter 2 1,463 3% 168 2% Total 172 $ 50,231 100% 8,745 100% (1) Annualized base rent is determined from the annualized December 31, 2017 base rent per leased square foot of the applicable year and excludes tenant recoveries, straight-line rent and above-market and below-market lease amortization. Hotel Metrics The following table details the average daily rate and the revenue per available room (“RevPAR”) for our hotel properties for the period of ownership during the year ended December 31, 2017: For the Period of Ownership During the Year Ended December 31, 2017 Property Average Daily Rate RevPAR Hyatt Place UC Davis $ 164 $ 138 Hyatt Place San Jose Downtown $ 212 $ 171 Florida Select-Service 4-Pack $ 110 $ 81 Hyatt House Downtown Atlanta $ 176 $ 131 Boston/Worchester Select Service 3-Pack $ 133 $ 123 Affiliate Service Providers For details regarding our affiliate service providers, see Note 11 to our consolidated financial statements.
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