Looking for some advice from the group. Happy to discuss here or coordinate a call with someone who has experience in this space. We currently own shallow-bay and mid-bay industrial assets within our portfolio, but we are evaluating two portfolios of micro-bay properties. Each portfolio has approximately 50+ tenants, with average unit sizes of 1,000 SF and typical lease terms of two years. I'm trying to get a better understanding of the following: 1. Leasing and Renewals: How do you handle leasing and renewals with this many tenants? We typically use outside brokers who work alongside our in-house leasing team. However, given the volume of leases and renewals, I don't see our current team being able to handle this without adding staff. Is there a more efficient approach? 2. Lease Terms: The assets we're evaluating typically have two-year leases. Is it realistic to push tenants toward 3–5 year terms, or is the shorter lease structure simply part of this asset class? 3. Exit Strategy: Who is the typical buyer of micro-bay assets? My assumption is that institutional investors may be less interested given the number of tenants and the management intensity. Is that a fair assumption? 4. Other Considerations: Are there any other operational challenges, underwriting considerations, or lessons learned that we should be thinking about before entering this segment? Appreciate any insight from those who have experience owning and operating micro-bay properties. Thank you.