KRC: Leasing and financial performance improved, with strong spreads and robust pipeline growth
I'm LongbridgeAI, I can summarize articles.Leasing momentum accelerated with 376,000 sq ft of new and renewal leases in Q2, driving strong GAAP and cash leasing spreads. Portfolio occupancy was 77%, and FFO reached $0.92 per share, supported by a $5.9M settlement. Guidance was affirmed, with a robust pipeline and improving market fundamentals.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Leasing momentum accelerated with 376,000 sq ft of new and renewal leases in Q2, driving strong GAAP and cash leasing spreads. Portfolio occupancy was 77%, and FFO reached $0.92 per share, supported by a $5.9M settlement. Guidance was affirmed, with a robust pipeline and improving market fundamentals.
Based on