Curbline Properties raised its 2026 acquisition target to $1 billion from $850 million after acquiring $374 million of properties in the second quarter and $564 million year to date. Operating performance exceeded budget, with occupancy reaching a post-spinoff high of 94.3% and lease rates rising to 96.5%. The company maintained its 3% midpoint outlook for 2026 same-property NOI growth and increased 2026 operating funds from operations guidance to $1.24 to $1.26 per share. Curbline also reported strong liquidity of more than $800 million and low leverage of approximately 20%.
Curbline Properties Corp.Raises acquisition target, increases FFO guidance, strong liquidity and low leverage