You should buy puts... from me. I'll sell you 1,500 at 155 expiring 3/17/23 at $3.90.

Now I know it's undervalued

Interest rates on the rise allow them to raise rates and increase the % of property leased. They are in an amazing position rn. Their interest is mostly fixed rate, meaning other people who enter the space would have to pay higher rates than they will on their "mortgages". Growth is limited for everyone buying property and demand for their space is increasing as less companies will buy with higher rates. All of this will temporarily raise lease rates as well.