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Stock Market & Financial Investment News

News Breaks
December 21, 2012
14:58 EDTKRGKite Realty Trust announces acquisition of two shopping centers in SC
Kite Realty Group Trust announced that it has acquired two shopping centers in Greenville, South Carolina. Shops at Plaza Green is a 194,000 square foot center that is 95% leased, acquired for a purchase price, exclusive of closing costs, of $28.8M. In addition, the company has recently acquired a Publix-anchored 68,000 square foot, 97% leased shopping center in Greenville, SC for a purchase price, exclusive of closing costs, of $9.1M.
News For KRG From The Last 14 Days
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April 8, 2014
08:40 EDTKRGKite Realty Trust completes sale of three non-core properties for $35.2M
Kite Realty Group Trust announced that it has closed on the disposition of three non-core retail properties generating $35.2M in gross proceeds. During the quarter ending March 31, the company completed the sale of 50th and 12th, a 14,500 square feet single-tenant Walgreens in the Seattle, Washington; Red Bank Commons, a 34,300 square feet non-anchored center in the Evansville, Indiana; and Ridge Plaza, a 115,100 square feet A&P anchored center in the Oak Ridge, New Jersey. The proceeds from the dispositions were primarily used to pay down debt.

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