X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS-AmREIT’s Q2 2013 earnings numbers showed somewhat of a mixed bag. Though same-store NOI had increased by 2.8% from the same period the year before, overall vacancy dropped 160 basis points to 95.1%, down from 96.7% recorded Dec. 31, 2012.

The retail REIT pointed out that the driver behind the occupancy decline was due to its acquisition of Fountain Oaks in Atlanta, GA (which was 89% occupied as of June 30, 2012) and a vacancy at Courtyard at Post Oak in Houston (which was 30% occupied at the end of June, 2013).

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.