Slate Grocery REIT releases transcript of Q2 2026 financial results conference call

Reuters2026/08/07 19:14

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Slate Grocery REIT released the transcript of its Q2 2026 results call attended by CEO Blair Welch, CFO Joe Pleckaitis, SVP Allen Gordon, finance analyst Senna Gujral.
Leasing totaled 569,000 square feet; renewal spreads ran 16.7% above expiring rents; new deals priced 41% above average in-place rent.
Same-property NOI rose USD 3.8 million, up 2.3% on a trailing 12-month basis; occupancy measured 93.6%; average in-place rent was USD 13.10.
Vacates totaled about 260,000 square feet; four of the 10 largest vacates were already leased; management cited active prospects, letters of intent.
No update on the strategic review; one property, Heritage Heights, was held for sale with closing targeted within weeks; no review costs hit FFO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Slate Grocery REIT published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Slate Grocery REIT releases transcript of Q2 2026 financial results conference call

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