Financial OutlookSofter than expected results and lowered outlook put pressure on the shares.
Guidance ReductionReduced guidance calls for a weaker than expected recovery path.
Occupancy And PricingLINE occupancy and pricing decelerated more than expected, leading to -7.9% YoY SS-NOI in 1Q25.
Tariffs And DemandTariffs may be incremental demand headwind with 15% of throughput volumes tied to import/exports; tenant uncertainty and slower decision making.