Kite Realty Group Trust (NYSE:KRG) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET

Company Participants

Bryan McCarthy - SVP, Corporate Marketing and Communications
John Kite - Chairman and CEI
Heath Fear - EVP and CFO
Tom McGowan - President and COO

Conference Call Participants

Todd Thomas - KeyBanc Capital Markets
Alexander Goldfarb - Piper Sandler
Floris Van Dijkum - Compass Point
Craig Mailman - Citi
Andrew Reale - Bank of America
Dori Kesten - Wells Fargo Securities
Linda Tsai - Jefferies

Operator

Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Kite Realty Group Trust Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand conference over to your speaker today, Bryan McCarthy, Senior Vice President, Corporate Marketing and Communications. Please go ahead.

Bryan McCarthy

Thank you, and good morning, everyone. Welcome to Kite Realty Group's third quarter earnings call. Some of today's comments contain forward-looking statements that are based upon assumptions of future events and are subject to inherent risks and uncertainties. Actual results may differ materially from these statements. For more information about the factors that can adversely affect the company's results, please see our SEC filings, including our most recent Form 10-K.

Today's remarks also include certain non-GAAP financial measures. Please refer to yesterday's earnings press release available on our website for reconciliation of these non-GAAP performance measures to our GAAP financial results.

On the call with me today from Kite Realty Group, our Chairman and Chief Executive Officer, John Kite; President and Chief Operating Officer, Tom McGowan; Executive Vice President and Chief Financial Officer, Heath Fear; Senior Vice President and Chief Accounting Officer, Dave Buell; and Senior Vice President, Capital Markets and Investor Relations, Tyler Henshaw.

Given the number of participants on the call, we kindly ask that you limit yourself to one question and one follow-up. If you have additional questions, we ask that you please rejoin the queue.

I'll now turn the call over to John.

John Kite

Thanks, Bryan, and welcome, everyone, to our quarterly conference call. KRG delivered another very strong quarter, leasing approximately 1.7 million square feet of space, which is the highest quarterly volume in the company's history. Heath will walk you through the details of our quarterly results and our updated 2020 guidance, and I'll focus on the progress we continue to make on the leasing front and our longer-term growth levers, including the recently announced development project at One Loudoun.