EarningsThe company reported Core FFO per share of $0.30, which was two cents higher than consensus estimates and four cents higher than analyst numbers.
Market PositionThe portfolio is in better than average markets in the Southwest and Southeast with highly amenitized buildings.
Operational PerformanceDuring the quarter, the company executed approximately 144K sqft of new and renewal leases, which included 101K sqft of new leasing and 43K sqft of renewals.