Griffin Announces Fiscal 2020 Second Quarter Leasing and Update on Rent Collection

Nachrichtenquelle: globenewswire
16.06.2020, 22:00  |  116   |   |   

NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced the following updates on leasing and the impact of the COVID-19 pandemic on rent collections:

Leasing

Griffin reported the following for its industrial/warehouse portfolio for the three months ended May 31, 2020 (the “2020 second quarter”):

 
Number
      Weighted
Avg. Lease
  Weighted
Avg. Lease

Weighted Average Rent Growth
2
  of
Leases
  Square
Feet
  Term in
Years
  Costs per SF
per Year1
  Straight-Line 
Basis
  Cash
Basis
New Leases 3   283,000   6.4   $0.89        
Renewal Leases 2   126,000   4.4   $0.24        
Total/Average 5   409,000   5.8   $0.69   21.4%   8.1%
                       

Griffin’s industrial/warehouse portfolio’s percentage leased was as follows:

Seite 1 von 4
Griffin Industrial Realty (A) Aktie jetzt ab 0€ handeln - auf Smartbroker.de



Diesen Artikel teilen

0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Meistgelesene Nachrichten des Autors

Titel
Titel
Titel
Titel