Leased OccupancyLeased occupancy fell -40 basis points quarter over quarter to 99.2%, largely related to Big Lots.
Tariffs ImpactTariffs might impact some of ADC's largest tenant categories, including home improvement and auto parts, due to higher steel and aluminum costs.
Tenant ExposureRite Aid is preparing its second bankruptcy, potentially winding down a portion of its locations. ADC has exposure to 1 Rite Aid.