Investor Presentaiton
KÍTE
REALTY GROUP
QUALITATIVE CAPITAL RECYCLING STRATEGY::
Continue to dispose of lower tier or un-anchored
assets while recycling the capital into quality.
operating assets with strong tenancy, credit
stability, and growth prospects.
Acquisitions
PROPERTY NAME
CASTLETON CROSSING
COOL SPRINGS MARKET
CAPITAL
RECYCLING
ACQUISITION ACTIVITY
.
High Quality
•
Well below
Replacement Cost
Neighborhood Grocery
Anchored
community/Regional
•
Power Shopping
KRG
LISTED
NYSE
DISPOSITION ACTIVITY
•
•
•
•
Un-anchored Strip
Center
Lower Tier
Non-strategic
Commercial/Industrial
Single Tenant
ACQUISITION/DISPOSITION
2012-2013 SUMMARY
LOCATION
ANCHORS
CONTRACT
PRICE
TOTAL SF (MM) (1)
PRICE PER
SF (2)
Indianapolis, IN
Nashville, TN
TJ Maxx, HomeGoods,
Burlington Coat, Shoe
Dick's Sporting Goods,
280,000 $
39 $
139
224,000 $
38 $
167
Marshall's, JoAnn
Fabrics, Staples, Kroger
(non-owned)
SHOPPES OF EASTWOOD
COVE CENTER
12TH STREET PLAZA
PUBLIX AT WOODRUFF
Orlando, FL
Stuart, FL
Vero Beach, FL
Publix
69,000 $
12 $
168
Publix, Beall's
159,000 $
22 $
139
Publix, SteinMart
136,000 $
15 $
111
Greenville, SC
Publix
68,000 $
9 $
134
SHOPPES AT PLAZA GREEN
Greenville, SC
Bed, Bath, Beyond,
Christmas Tree Shop,
194,000 $
29 $
148
Old Navy, Sears
TOTAL CLOSED
Dispositions
1,130,000
164
144
GATEWAY SHOPPING CENTER
Marysville, WA
SOUTH ELGIN
South Elgin, IL
50 SOUTH MORTON
Franklin, IN
Ross, PetSmart, Rite
Aid
LA Fitness,
Babies/Toys, Ross
Convenience Store
111,000 $
32 $
284
128,000 $
25 $
195
2,000 $
1 $
450
CORAL SPRINGS PLAZA
Coral Springs, FL Toys/Babies Combo
46,000 $
9 $
187
KITE PEN PRODUCTS
Indpls., IN
Industrial Property
86,000 $
6 $
66
KITE MCCARTY
Indpls., IN
Industrial Property
115,000 $
4 $
38
SANDIFUR PLAZA
Pasco, WA
Unanchored
12,500 $
3 $
208
ZIONSVILLE PLACE
Zionsville, IN
Unanchored
12,500 $
2 $
192
PRESTON COMMONS & FRISCO Dallas, TX
BRIDGES
Unanchored
TOTAL CLOSED
27,500 $
540,500
6 $
204
88
224
(Approximate Purchase Price
(2) Weighted Average Price PSF for Retail Properties Only
KITE REALTY GROUP
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