Broad Street Realty, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 04:02 pm
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Broad Street Realty, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 5.698 million compared to USD 4.185 million a year ago. Operating loss was USD 1.089 million compared to USD 1.422 million a year ago. Net loss was USD 2.730 million compared to USD 2.114 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.1 a year ago. For the half year, total revenue was USD 10.616 million compared to USD 9.309 million a year ago. Operating loss was USD 2.718 million compared to USD 2.439 million a year ago. Net loss was USD 4.407 million compared to USD 4.189 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.19 a year ago.
Broad Street Realty, Inc. is a fully integrated and self-managed real estate company. The Company is focused on owning and managing essential grocery-anchored and mixed-use assets located in densely populated technology employment hubs and higher education centers within the Mid-Atlantic, Southeast, and Colorado markets. The services offered by the Company include tenant representation, investment and user sales, property management, consulting services, asset management, development/project management, and property listings. In addition, it provides commercial real estate brokerage services for its own portfolio and third-party office, industrial and retail operators and tenants. The Companyâs portfolio of properties includes Avondale Shops, Brookhill Azalea Shopping Center, Coral Hills Shopping Center, Crestview Square, Cromwell Field Shopping Center, Highlandtown Village Shopping Center, Lamar Station Plaza, Hollinswood Shopping Center, The Shops at Greenwood Village, among others.