{
  "docId": "019de071-f9d5-721a-9844-f230331b9ad5",
  "docSlug": "f77cdd4e21ac2de6b682d23e5558b957",
  "documentTitle": "Blackwells Capital | Activist Presentation Deck | 207 slides",
  "authorId": "blackwells-capital",
  "authorName": "Blackwells Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 12,
  "pageCount": 125,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "executive_summary",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 5,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de071-f9d5-721a-9844-f230331b9ad5/12",
  "deckHref": "/decks/019de071-f9d5-721a-9844-f230331b9ad5",
  "deckJsonHref": "/decks/019de071-f9d5-721a-9844-f230331b9ad5.json",
  "deckAnchorHref": "/decks/019de071-f9d5-721a-9844-f230331b9ad5#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.18,
        "w": 0.92,
        "x": 0.04,
        "y": 0.42
      },
      "kind": "list",
      "text": "Combining WPT with privately owned Monmouth would create significant value: 60 million sq ft GLA, 200+ properties, strong WALT, 99% occupancy.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9517bee4-6abe-4f7f-9663-2e8ef29bbbf1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.92,
        "x": 0.04,
        "y": 0.65
      },
      "kind": "list",
      "text": "Has Significantly Re-Leasing Opportunity Given Existing Lease Expiration Schedule: 4.5 year WALT, strong tenant retention, capturing increasing market rents.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ab6a8393-3640-43f8-a9de-213f1a8fbcf6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.92,
        "x": 0.04,
        "y": 0.24
      },
      "kind": "list",
      "text": "Strong Private Equity Returns: 36% IRR and 4.0x MOIC over a five-year hold period; Company is materially undervalued.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d1031067-33b2-46de-8037-dd3f68819985",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.65,
        "x": 0.04,
        "y": 0.16
      },
      "kind": "title",
      "text": "We Believe that WPT is a Highly Attractive Take Private Opportunity",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8df27412-d4e3-429a-a49b-c9a51ead9df8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.45,
        "x": 0.04,
        "y": 0.06
      },
      "kind": "title",
      "text": "EXECUTIVE SUMMARY (CONT.)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7184dfa9-1c2b-451c-8fee-b75982abb562",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}