Investor Presentaiton
In-Process Strategic Redevelopment Pipeline
~$320 MILLION OF PROJECTS IN PROCESS
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Integrated team focused on real estate expansion and
redevelopment projects
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Successful track record of completing complex redevelopment
projects
SELECT PROJECTS
RNEW
WHOLE
FOODS
6 additional redevelopment projects underway in 2023, stabilizing
over the next few years
~$110 million of remaining redevelopment spend over the next few
years
DARIEN COMMONS | Darien, CT
75,000 SF of new retail, 122 apartments
Projected Cost: $110 - $120 million | Projected ROI: 6%
$5 million remaining spend
HUNTINGTON | Huntington, NY
102,000 SF of redesigned retail
Projected Cost: $80 - $85 million | Projected ROI: 7 - 8%
$13 million remaining spend
BALA CYNWYD | Bala Cynwyd, PA
217 apartments, 16,000 SF retail + parking structure
Projected Cost: $90 - $95 million | Projected ROI: 7%
$89 million remaining spend
Note: Remaining spend assumes mid-point of expected total cost less costs to date.
A
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