Broad Street Realty, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 04:41 pm EDT
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Broad Street Realty, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 21.41 million compared to USD 15.86 million a year ago. Revenue was USD 25.35 million compared to USD 19.66 million a year ago. Net loss was USD 9.51 million compared to USD 8.15 million a year ago. Basic loss per share from continuing operations was USD 0.35 compared to USD 0.37 a year ago. Diluted loss per share from continuing operations was USD 0.35 compared to USD 0.37 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.