Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to tenants in desirable markets through our diverse portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
- As of March 31, 2019, KRG owned interest in 111 operating and redevelopment properties totaling 21.8 million square feet, and one development project currently under construction.
- Small shop leased percentage improved to 91.6% during the first quarter, an increase of 40 basis points sequentially.
- During the quarter, KRG executed 95 new and renewal leases representing approximately 640,000 square feet, including 6 big box leases totaling approximately 200,000 square feet.