• Kite Realty Group completed $136 million of acquisitions via 1031 exchanges, buying two open-air neighborhood shopping centers totaling 173,620 square feet.
• The purchases included Chastain Market in Sandy Springs, Georgia for about $71 million, anchored by Trader Joe’s.
• Founders Square in Naples, Florida was acquired for about $65 million; the two assets carry average embedded rent escalators of 2.29%.
• Kite also sold six non-core assets totaling about 1.1 million square feet for roughly $255 million of gross proceeds.
• Subsequent to the first quarter of 2026, Kite repurchased 1,700,000 shares for about $45.7 million at an average price of $26.62.

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. Kite Realty Group Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606160815PRIMZONEFULLFEED9747546) on June 16, 2026, and is solely responsible for the information contained therein.