v3.26.1
DISPOSITIONS AND IMPAIRMENT CHARGES (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Property Dispositions
The Company closed on the following dispositions during the six months ended June 30, 2026 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage		Sales PriceGain (Loss)
March 5, 2026Coram PlazaNew YorkMulti-tenant retail138,385 $12,500 $62 
June 5, 2026
Estero Town Commons – Lowe’s(1)
Fort Myers, FLGround lease interest— 9,500 5,748 
June 10, 2026
Commons at Temecula(2)
Riverside, CAMulti-tenant retail292,078 77,000 23,478 
June 10, 2026
Gateway Station(2)
College Station, TXMulti-tenant retail125,406 31,500 12,216 
June 10, 2026Grapevine CrossingDallas/Ft. WorthMulti-tenant retail125,488 19,500 3,720 
June 10, 2026
La Plaza Del Norte(2)
San AntonioMulti-tenant retail320,102 72,709 25,914 
June 10, 2026Perimeter WoodsCharlotteMulti-tenant retail127,067 36,620 10,005 
June 10, 2026
Winchester Commons(2)
MemphisMulti-tenant retail93,077 17,171 8,384 
June 25, 2026City CenterNew YorkMulti-tenant retail362,278 50,000 (1,630)
1,583,881 $326,500 $87,897 
(1)The Company sold the ground lease interest in one tenant at this existing multi-tenant operating retail property. The total number of properties in the Company’s portfolio was not affected by this transaction.
(2)Disposition proceeds, or a portion of the proceeds, are temporarily restricted related to a potential 1031 Exchange.
The Company closed on the following dispositions during the six months ended June 30, 2025 (dollars in thousands):
DateProperty NameMSAProperty TypeSquare
Footage		Sales PriceGain (Loss)
April 4, 2025Stoney Creek CommonsIndianapolisMulti-tenant retail84,094 $9,500 $4,802 
June 25, 2025Fullerton MetrocenterLos AngelesMulti-tenant retail241,027 118,500 20,295 
June 27, 2025
Denton Crossing(1)
Dallas/Ft. WorthMulti-tenant retail343,345 81,593 35,636 
June 27, 2025
Parkway Towne Crossing(1)
Dallas/Ft. WorthMulti-tenant retail180,736 57,653 18,133 
June 27, 2025
The Landing at Tradition(1)
Port St. Lucie, FLMulti-tenant retail397,199 93,754 23,710 
1,246,401 $361,000 $102,576 
(1)The Company has retained a 52% noncontrolling interest in this property.
The following table presents the assets and liabilities associated with City Center and Coram Plaza, the investment properties that were classified as held for sale as of December 31, 2025 (in thousands):
December 31, 2025
Assets
Investment properties, net$64,899 
Tenant and other receivables2,676 
Restricted cash and escrow deposits25 
Deferred costs, net3,088 
Prepaid and other assets417 
Assets associated with investment properties held for sale$71,105 
Liabilities
Accounts payable and accrued expenses$811 
Deferred revenue and other liabilities3,503 
Liabilities associated with investment properties held for sale$4,314