Kite Realty Group’s Post

Kite Realty Group is pleased to share its 2023 Corporate Responsibility Report detailing KRG’s significant progress toward its 5-year ESG goals.  Environmental Highlights include: 37,000 trees planted through KRG’s Project Green reforestation effort 7.9% reduction in Scope 1 & 2 GHG emissions YoY 2,500 metric tons of CO2 offset YoY . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters #corporateresponsibility #esg #sustainability Robert McGuinness, Mellissa Boggs, SPHR, SHRM-SCP, CEC, Matt Hunt, Bryan McCarthy, David Buell, Tyler Henshaw, Dean Papadakis, Adrian Villegas

Small businesses are the heartbeat of many of our shopping centers, accounting for 18% of annualized base rent in 2023. That’s why Kite Realty Group actively invests in these crucial tenants in multiple ways. Last year alone, KRG invested ~$6 million in small businesses throughout our portfolio in the form of tenant allowance funds and landlord work. Additionally, through our tenant mentorship program, small businesses are coached by a third-party experienced retail professional on ways they can elevate their performance. Pictured: Handmade by LMAC at One Loudoun . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters 

Community connections coffee = an unbeatable combination. KRG had the pleasure of hosting a community event where neighbors could meet and connect with members of the Indianapolis Metropolitan Police Department (IMPD) at the newly opened Starbucks located at KRG headquarters at 30 S Meridian! . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters Joseph Hughes, CSM Jon Stone, Ellen Gerboth, Carissa McNeil Klaers, Jeff Laski, Thomas McGowan, Mellissa Boggs, SPHR, SHRM-SCP, CEC, Kim Fuhrman, Bryan McCarthy

Specialty Leasing at a KRG property is a great way to test new products and new markets. That’s how the temporary Sprinkles ATM pop-up became a shopper favorite at Southlake Town Square! Learn more about the flexible, short-term leasing options available across our portfolio: https://lnkd.in/g25sWXRb . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters

As we make progress toward our five-year corporate responsibility goals, Kite Realty Group is proud to share a few of our 2023 environmental highlights. KRG recognizes the importance these initiatives play in our ability to generate long-term, sustainable stakeholder value. Learn more about our ongoing efforts in our 2023 Corporate Responsibility Report: https://lnkd.in/g8bgSvGu  . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters #corporateresponsibility #esg #sustainability

KRG is pleased to announce our corporate credit rating has been upgraded by S&P “BBB” with a stable outlook. S&P issued a public statement, commenting “Kite Realty Group Trust has further deleveraged its balance sheet following its merger with RPAI. The company will likely improve its leased occupancy and rents over the next couple of years due to our view that demand for its well-located, open-air centers will remain healthy amid limited supply in some markets.” View the news release: https://lnkd.in/gTz-2Fkz . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters

Another impressive before and after, following Kite Realty Group’s reinvestment into The Shops at Legacy East, located in Plano, TX! Widened sidewalks, enhanced gathering spaces and updated storefronts, combined with fresh branding give the property a more welcoming ambiance.  . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters BCT Architects, Land Design, WDS Construction, Inc., Kelsey Ishmael, CRRP, CMD, Kim Fuhrman, Colby Welanetz, Bryan Foxworthy, Gene Beiermann, PE, Jason Kasal, Daniel Upton

Congratulations to the Eddy Street Commons team on being recognized by the The Congress for the New Urbanism with the 2024 Neighborhood, District, and Corridor Merit Award! This award honors outstanding achievement in architectural, landscape and urban design, and planning worldwide. Recognized properties represent major contributions to building more equitable, sustainable, connected, healthy and prosperous communities. Learn more about the project: https://lnkd.in/ez8Pcb-2  . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters

At KRG’s recent Dallas edition of our Four in ‘24 investor series, we highlighted our team’s savvy leasing expertise. A key example: 70% of Southlake Town Square’s ABR comes from national tenants, of which 35 tenants are unique to Southlake within our portfolio. The team then utilizes  relationships with these attractive brands to grow in other parts of the KRG portfolio.  . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters