Kite Realty Group Trust KRG (the "Company") announced today that it has signed a lease with Kroger Marketplace at its Fishers Station shopping center located in Fishers, Indiana.
Fisher's Station is a part of the Company's Redevelopment, Repurpose and Reposition ("3-R") initiative and is situated at a highly-trafficked intersection in Fishers, located northeast of downtown Indianapolis. It will be anchored by a new 123,000 square foot Kroger Marketplace that is scheduled to commence construction in the near future. In order to accommodate the new tenant, the Company plans to demolish and relocate several existing tenants at the center. The Company has also signed two new leases with Jason's Deli and Tequila Sunrise for an additional 10,700 square feet.
About Kite Realty Group Trust
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust engaged in the ownership, operation, management, leasing, acquisition, construction, redevelopment and development of neighborhood and community shopping centers in selected markets in the United States. As of December 31, 2016, the Company owned interests in a portfolio of 121 operating, development and redevelopment properties totaling approximately 24 million total square feet across 20 states. For more information, please visit the Company's website at www.kiterealty.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170215005313/en/
Kite Realty Group Trust
Dan Sink, EVP & CFO, 317-577-5609
dsink@kiterealty.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.