Kite Realty Group Trust Reports Third Quarter 2016 Operating Results
We deliver high quality retail destinations
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From our Chairman & CEO, John Kite
Our third quarter performance marks another successful quarter for Kite and has positioned us to finish 2016 on a strong note,” said John A. Kite, Chairman and CEO. “Our team’s aggressive efforts further improved our small shop leasing by 120 basis points compared to last year, reaching 88.7%. The momentum also continued for our anchor tenants as we opened over 180,000 square feet of space since the end of the second quarter. Finally, we executed on several balance sheet initiatives, furthering our strong position, including our inaugural $300 million public bond offering as we continue to enhance our balance sheet flexibility.