Company: CIO
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-023714
Chunk: 34

Company: City Office REIT, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 15
Chunk 34
---

       $
       1,554,591

       $
       1,568,653

       Dispositions and impairments

       (40,229
       )

       (39,333
       )

       (58,735
       )

       Capital improvements

       34,265

       26,445

       44,673

       Assets held for sale

       (10,637
       )

       —

       —

       Balance, end of year
        
       $
       1,525,102

       $
       1,541,703

       $
       1,554,591

       Accumulated Depreciation

       Balance, beginning of year
        
       $
       218,628

       $
       175,720

       $
       157,356

       Depreciation

       47,903

       47,266

       46,654

       Dispositions and impairments

       (14,575
       )

       (4,358
       )

       (28,290
       )

       Balance, end of year
        
       $
       251,956

       $
       218,628

       $
       175,720

 78

 EXHIBIT INDEX 

     ExhibitNumber
      
     Description

     1.1
      
     Equity Distribution Agreement, dated February 26, 2020, by and among City Office REIT, Inc., City Office Operating Partnership, L.P. and KeyBanc Capital Markets Inc. (incorporated by reference to Exhibit 1.1 to the Company’s Current Report on Form 8-K filed with the Commission on February 26, 2020).

     1.2
      
     Equity Distribution Agreement, dated February 26, 2020, by and among City Office REIT, Inc., City Office Operating Partnership, L.P. and Raymond James & Associates, Inc. (incorporated by reference to Exhibit 1.2 to the Company’s Current Report on Form 8-K filed with the Commission on February 26, 2020).

     1.3
      
     Equity Distribution Agreement, dated February 26, 2020, by and among City Office REIT, Inc., City Office Operating Partnership, L.P. and BMO Capital Markets Corp. (incorporated by reference to Exhibit 1.3 to the Company’s Current Report on