Broad Street Realty, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 04:01 pm EDT
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Broad Street Realty, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 4.918 million compared to USD 5.124 million a year ago. Operating loss was USD 1.629 million compared to USD 1.017 million a year ago. Net loss was USD 1.677 million compared to USD 2.075 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.1 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.