And if you knock out the one that’s being built here at Pike & Rose, that’s not finished yet, they’re 97% leased. So, the product — and this is really important, from a real estate person’s perspective, the product is right all the way through, and it’s a different product when it’s attached the Santana Row, Assembly Row, Pike & Rose.
Operator: And our next question is from Craig Schmidt with Bank of America. Please proceed with your question.
Craig Schmidt: Great. And just one, I wanted to congratulate Jan Sweetnam on his new role of Chief Investment Officer.
Jan Sweetnam: Thank you, Craig.
Don Wood : Thanks, Craig.
Craig Schmidt : Are you staying West Coast base? Or will you be moving to East?
Jan Sweetnam : Still West Coast-based but spending some more time on the East Coast, Craig.
Craig Schmidt : Okay. And then just maybe what are some of the opportunities you most want to pursue in your new role?
Jan Sweetnam : Well, that’s a good question, Craig. Well, look, there’s a — feels like there’s going to be some increase in product out there, Craig, and some new product for us to look at. Expanding our base in Phoenix, I think, is going to be a big focus for us. But I feel pretty good that there’s going to be some larger good product for us that we can buy accretively. So, nothing’s set in stone, feet ready to go, and we’ll see where it takes us.
Operator: And our next question is from Greg McGinniss with Scotiabank. Please proceed with your question.
Greg McGinniss : So just a couple of follow-up questions. One is on the disposition pipeline. I think you noted $350 million on the last call. Just curious if you’re still pursuing the remainder of those transactions.
Dan Guglielmone : Yes. Essentially, we got done, the one Rolling Wood, which was $68 million. We’re still in process on about $130 million of additional acquisitions. We’ll see if we get them over. And then I would say the balance, we determined that it didn’t meet the timing parameters we needed or the pricing parameters, and we stayed disciplined and decided not to move forward. But there’s a possibility. You bring those back later in the year when there’s a more receptive capital markets environment.
Greg McGinniss : Okay. Great. And then on the resi occupancy, which fell quarter-over-quarter, was that because of the Rolling Wood sale? Or are there some other reasons for that?
Don Wood : No. That’s just timing a little bit. We’re pushing hard on rate. And so, as turnouts come, we don’t want to leave money on the table. So that balance between rate and occupancy is always — it’s always part of the formula. And we push just a bunch charter on rate. You’ll see that come back in ’23.
Operator: And our next question is from Juan Sanabria with BMO Capital Markets. Please proceed with your question.
Juan Sanabria : Hi. Just curious if we should expect any action on the balance sheet in terms of your ’24 expirations given you’ve got a couple of chunky pieces of debt coming due and kind of how you guys are maybe thinking about getting ahead of that?
Dan Guglielmone : Yes. Look, I think we’re going to look to be opportunistic like we always are. I think we’re going to — we created a significant amount of capacity to give us the flexibility to be opportunistic, completely undrawn on $1.25 billion will give us flexibility from a timing perspective. But we expect to access the bond markets throughout 2023 to address the maturities that we have, June maturity as well as the January ’24 maturity.
