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INDUS Announces Fiscal 2021 Second Quarter Results
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INDUS Announces Fiscal 2021 Second Quarter Leasing, Pipeline and Corporate Updates
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INDUS Announces Fiscal 2021 First Quarter Leasing, Acquisition, Development and Disposition Updates
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE)
INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and the impact of the COVID-19 pandemic on the Company’s rent collections:
Highlights
Signed approximately 202,000 square feet of first generation leases on in-service industrial/logistics portfolio bringing industrial/logistics portfolio to 99.2% leased as of March 31, 2021; subsequently increased to 99.4% leased
Signed a fifteen-year lease agreement and development agreement with Amazon for an approximately 141,000 square foot build-to-suit industrial/logistics building on the Company’s land parcel on Old Statesville Road in Charlotte, North Carolina