us. Matt. you for Thanks, joining and thank morning, Good everyone,
brief largely continued quarter seeing Today, highlight first the the we'll strength our of a Ashford and assets, front. leasing repositioning overview largest on completed provide Lane, of the we're discuss results, our
in to first continues and generating business we quality strong high The comparable a to markets. high our by growth is CTO, testament our strength, trends with demand. fundamental new options the supply of operating Our and resilient consumer, and tenant rates retention X.X%. of experienced quarter At driven renewals, our no demonstrate rent extensions demographic tenant retention properties
annualized months next $X.XX share basis per upwards to come yet $X of pipeline our organic than million than pipeline drive of dynamics more come. more and strong These of will that that revenue optimistic occupancy. that not future years or can represents FFO points in build have XXX us open online the This the earnings very to we sign, in but continue XX on net will of
them earnings call first addition into Creek at lower tenant to keep is a give next we with specifically, we in tenant the tailwind us our our the entered Regal earnings in amendment the near-term year property through February. we've a replacement to for Crossings disruptions some alternative discussed a site. with progress of More during of evaluate perspective the Beaver short-term and find This made to multifamily in order runway to quarter rent
Additionally, to at Dallas, be WeWork The we and will property. in tenant the which traffic at well market to also believe which replacement the our with negotiations additive Shops property Hall location overall is and We're received be in Ashford them for think tenant stabilize will Lane outside set open at finally a long-term we the success. in for at mix the of Legacy foot increase May,
see forward, revitalization execute plan some centers with Lane. more the As Ashford the we purchased larger we've portfolio retention of in on lease opportunities the to and up to we look and similar of approach our
purchased we Atlanta, a Perimeter XXXX, in Ashford Lane repositioned lifestyle Since infill premier just Georgia. pandemic center the submarket the property as we early of in the have before
tenant overall we space, green As our vacant with one-third Lawn. the footage units of over of part with The reintegrated re-tenanted community and square repositioning well-received the tenants to by mix of previously efforts, the our turning creation up approximately new
and Superica, disruptions years Culinary Paris HEYDAY some had of in permitting on working Sweetgreen, Cream, tenants Camp, and Jeni's have Grana Nearly open way this their to notable opened business. doors we for later have our three in The Hockers, and we Dropout year. through deck Baguette after as construction, later the design, Hall, Ice And pandemic such
acquisitions Virginia, Northeast Atlanta. just Broad is West Collection replicate outside just our Our of success focus now Richmond, located of which at is at to The recent this and Forsyth, Village more
than ownership, rent The Collection $XXX,XXX we've in at at to we're early at activity vacant the West significant is repositioning. the Broad at representing acquired our our which executed Ashford team starting And more of Lane of see Village. signed base we're leases Forsyth, days While being that already same units by new leased
past, to exercised discussed business we've the our and our guidance, long-term the setting caution add execute disciplined we while for in a to will we maintain advantage capital as our shareholders we've As value deploying plan. of approach continue on
purchase we're a property Phase of foot The X,XXX contract II II located the Phase X.X%. properties Atlanta terms retail In at of quarter. development, for occur investments, $X.X we outside second Exchange towards and Exchange we cap Gwinnett of the rate a million We of of hold going will the Phase a expect remaining the square development in price that of of of just in acquire acquired X constitute which under the the at The balance the to for of end and loan portion Gwinnett, currently
risk million mortgage a a in is Additionally, and great $XX property secured by Dallas, with vision adjusted of the first familiar very sponsor with property. who long-term we yield investment the originated we're a Founders for Texas. This has great Square located success
have during by proceeds we into the create larger more On the of smaller assets more more year the to remainder the but assets opportunistically redeploying with we sales in dispositions not upside. any operational activity we as exit operational did our and property of anticipate quarter, some efficiencies front, look do
we've a the investment 'XX work and represents we near-term for portfolio management, strategic and the year beyond and discussed. through previously earning programs. existing XXXX active value our in positive for disruption guidance prospects capital issues XXXX to maximize the earnings as very our our asset We're of growth Overall, on leasing of
hand to like I'd that, the Matt. to over call back With