The company has estimated Pro-rata project costs of $577.6 million for current in-process development and redevelopment projects. This indicates a strong commitment to growth through strategic investments in property improvements and new developments.

The company executed 984 new and renewal leasing transactions representing 4.1 million Pro-rata SF with positive rent spreads of 8.9% during the six months ended June 30, 2024. This demonstrates effective leasing strategies and strong demand for their properties.

The company sold three operating properties and recognized gains on sale of $22.5 million. This highlights the company's active management of its portfolio by divesting assets to optimize capital allocation.

The acquisition of UBP significantly contributed to the increase in lease income and overall revenue. This indicates effective integration and management of acquired assets.

While operating expenses increased, the company maintained effective cost management, as evidenced by the Pro-rata same property NOI growth. This suggests efficient operational control.

The company refinanced and issued debt, including a $400 million senior unsecured notes offering and repayment of maturing debt. This demonstrates proactive capital management to optimize the capital structure.

The success of the Company's tenants in operating their businesses and their corresponding ability to pay rent continue to be influenced by current economic challenges. Additionally, geopolitical and macroeconomic challenges could impact aspects of the U.S. economy and, therefore, consumer spending.

Lawsuits have been filed by federal and state regulators to enjoin the merger on antitrust grounds. Regency has a combined 104 Kroger and Albertson's stores, and 11 of them are among the 579 locations proposed to be sold to C&S. The expected outcome of the lawsuits to enjoin the transactions is uncertain at this time.

Tenants that file for bankruptcy generally have the legal right to reject any or all of their leases and close related stores. At June 30, 2024, tenants currently in bankruptcy and which continue to occupy space in our shopping centers represent an aggregate of 0.5% of our Pro-rata annual base rent.

The company's total property portfolio was 95.0% leased, and the same property portfolio was 95.8% leased. These high occupancy rates indicate a strong competitive position in attracting and retaining tenants.

The company's strategy of focusing on high-quality neighborhood and community shopping centers anchored primarily by market-leading grocers helps to maintain a stable tenant base and attract consistent customer traffic.

The company executed 984 new and renewal leasing transactions with positive rent spreads of 8.9%. This demonstrates the ability to command favorable lease terms, enhancing revenue and profitability.

Pro-rata same property NOI growth, excluding termination fees, increased by 2.1%. This indicates efficient management of operating expenses and effective cost control measures.

Recoveries from tenants increased $10.1 million, demonstrating that the company is effectively passing on operating costs to tenants, improving operational efficiency.

The company's strategy of owning and managing high-quality properties reduces maintenance costs. This contributes to operational efficiency and improved profitability.

The credit agreement incorporates sustainability-linked adjustments to the interest rate, which provide for upward or downward adjustments to the applicable margin if the Company achieves, or fails to achieve, certain specified targets based on Scope 1 and Scope 2 emission standards.

Our management team devotes significant time to researching and monitoring consumer preferences and trends, customer shopping behaviors, changes in delivery methods, shifts to e-commerce, and changing demographics in order to anticipate the challenges and opportunities impacting our industry.

The company is focused on creating thriving environments for retailers and service providers to connect with surrounding neighborhoods and communities. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect with their neighborhoods, communities, and customers.

The company repurchased 3.3 million common shares for $200 million, demonstrating a commitment to returning capital to shareholders and confidence in the company's valuation.

The company has estimated Pro-rata project costs of $577.6 million for current in-process development and redevelopment projects. This indicates a focus on long-term growth through strategic capital investments.

The company refinanced and issued debt, including a $400 million senior unsecured notes offering. This demonstrates a focus on optimizing the capital structure and managing debt maturities.

The credit agreement incorporates sustainability-linked adjustments to the interest rate, which provide for upward or downward adjustments to the applicable margin if the Company achieves, or fails to achieve, certain specified targets based on Scope 1 and Scope 2 emission standards.

Implement leading environmental, social, and governance ("ESG") practices through our Corporate Responsibility program to support and enhance our business goals and objectives.

The Company had accrued liabilities of $17.2 million for environmental remediation, which are included in Accounts payable, and other liabilities on the Company's Consolidated Balance Sheets.

Properties located in California, Florida and the New York-Newark-Jersey City core-based statistical area accounted for 23.4%, 20.6% and 11.0% of ABR respectively. As a result, this geographic concentration of our portfolio makes it potentially more susceptible to adverse weather or economic events that impact these locations.

The success of the Company's tenants in operating their businesses and their corresponding ability to pay rent continue to be influenced by current economic challenges. Additionally, geopolitical and macroeconomic challenges could impact aspects of the U.S. economy and, therefore, consumer spending.

The company's strategy of focusing on suburban trade areas with compelling demographics helps to mitigate market risks and ensure a consistent customer base.