Broad Street Realty reports 2021 leasing spreads up 20.4%, 4 acquisitions closed, 2 more under contract

Broad Street Realty, Inc.

Closed 4 acquisitions in 2021 adding over $7.6M ABR (based on Sept 30 leases).
Under contract for Midtown Row (480,622 sq ft mixed-use) and Lamar Station Plaza (186,793 sq ft).
Portfolio 88.1% leased and 84.7% occupied at year-end 2021; signed leases not yet commenced add $1.1M ABR.
2021 leasing spreads averaged 20.4% (33.1% new, 6.3% renewals); ABR per sq ft $13.83.
Signed 62,765 sq ft renewal with Shoppers Food Warehouse and 54,916 sq ft new lease with Casa Bonita.

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