DOC · 8-K · 20260804PR052608

Occupancy and Leasing Activity

HEALTHPEAK PROPERTIES, INC. · 2026-08-04 · Importance 10 · Surprise 6 · In source text

Healthpeak executed 1.6 million square feet of Outpatient Medical and Lab new and renewal leases during the second quarter of 2026. Outpatient Medical leasing included 327,000 square feet of new leases and 916,000 square feet of renewals, while Lab leasing included 222,000 square feet of new leases and 159,000 square feet of renewals. Subsequent to quarter end, the company entered into approximately 204,000 square feet of Outpatient Medical leases and 20,000 square feet of Lab leases, with signed letters of intent covering another 882,000 and 480,000 square feet, respectively. Occupancy increased sequentially to 90.7% in Outpatient Medical and 78.5% in Lab.

Key facts

• Subsequent to the second quarter, Healthpeak entered into approximately 204,000 square feet of Outpatient Medical leases source
• Subsequent to the second quarter, Healthpeak entered into approximately 20,000 square feet of Lab leases source
• Healthpeak had another approximately 882,000 square feet of Outpatient Medical leases under signed LOIs subsequent to the second quarter source
• Healthpeak had another approximately 480,000 square feet of Lab leases under signed LOIs subsequent to the second quarter source
• Total occupancy increased sequentially by +20 basis points in Outpatient Medical to 90.7% source
• Total occupancy increased sequentially by +80 basis points in Lab to 78.5% source
• Second quarter Outpatient Medical and Lab new and renewal lease executions totaled 1.6 million square feet source
• Outpatient Medical new lease executions totaled 327,000 square feet in the second quarter source

Impact estimates