on John, industrial third the to and the our XXX,XXX at the the Cranberry with was quarter XX.X% healthy end, increased X Business was company.
Starting Park of $X.XXX the when morning renewals period same an XX.X% growth year, feet at Thank a At buildings segment. our Maryland the NOI as at increase provide good to Park rent Since management today. Business Asset a have Baltimore, results you, on in well quarter income beginning commercial the those the as Allow in was square quarter's County, of over on Hollander call Management product. occupancy lift of to Net Harford for million, perspective of NOI. the operational third me $XXX,XXX. year, occupied on asset operating last produced over XXXX portfolio Maryland
of results to of the in in $X.XXX last NOI quarter versus period million to the same period segment increased the segment last same over on year. $X.XXX for This XX.X% revenues $X.XXX million. year our saw segment. total million business this the Royalty Mining and Moving
and of with XX%, Dock fully enjoyed a for XX As to with XX.X% and all renewals, and Maren rate Dock the at Dock increase success with apartments, XXX and X.X% occupancies X.XX%. quarter, leased. of apartments, Maren respectively, Dock rates Carolina, quarter's seeing a stabilize and its Maren, respectively, end, respectively.
Riverside X.X% had joint rental XX.X% ventures, renewal occupied on tenants XX.X%, its an was Greenville, quarter's retail occupancy year-to-date of year-to-date with XX.X% were Average XXX renewing net XX.X%, and in in rate rental Maren XX.X%. average occupancies its of South increase. end, at at Average for with increase XX% XX% and was
$XXX,XXX principal million, our joint Third which NOI business in-house X-pronged over the This Relative development business quarter warehouse legacy These our pro strategy liquidating pro and development rata including capital Riverside. business. program X its segment, was this strategy strategies strategies rata effectively to we Development we are acquisition, to engaged segment NOI in use been grow for since $X from portfolio has to in lending. venture impact me acquisition source segments. our each and and on discuss and our mid-XXXX.
Allow in
properties and segment includes land Our developed, development platforms. FRP These XXX% industrial, when to completed. are managed acquired, construction Development commercial and and by Management owned from Asset is business transferred in-house strategy the
X industrial development. pipeline projects stages of our in We in various have
Maryland, deliver of development the the will ground Pending in the XXX,XXX our we in foot a a XX-acre During favorable spec of A Northeast building in a expected ultimately next support to second building industrial quarter, is Perryman Class acres are distribution conditions, This XXX,XXX we broke we ground parcel be XXX on center. warehouse free County, land position early along 'XX. of as QX will Maryland. year.
In middle Harford of market of corridor, to QX square section as I-XX in activities that industrial break state-of-the-art square the on on foot
Cranberry Finally, Business studying to Run Harford we are multiple Park. in adjacent designs our for the XX-acre concept track County, Maryland,
Our will XXXX.
Completion additional trailers offset feet, and division feet until demands. be carrying industrial to on-site of that these feet. here, final warehouse the which our helped to as upon Management from configurations our X.XX result could dependent entitlement product as Asset will projects early over yield in million Existing over add million should of X our square platform consisting costs to XXX,XXX of square of leases industrial market X.X are XXX,XXX to completion land development various storage for square we design ready on build parameters
and XX.X% joint consisting Our second acquisition, risks Jackson These day-to-day majority our owner, third-party operations. Carolina, in venture in and in strategy. Baltimore maintained of segment with period properties are These development share include County, and leaders of Bryant a completed facilitate retail and St. XXX our Bryant currently a office in is components D.C., with joint of occupancy Street, our the Properties occupied typically FRP was increases rate apartments different Street share Washington, joint quarter market development developed joint John's for venture assets a as are the where strategy South Maryland. moved have Greenville, conjunction strategy, X within in .XXX in within parties with and were management Bryant business X.X% XX% success Overall, is of housed local level Verge venture Development of before end. leased retail XX.X% but are to venture and as until end. we being and buildings, of section are rental segment.
The who XX% the averaged projects XX.X% at rate apartments our occupied lion's Street at asset the the renewal name quarter's and stabilized implies, its days which, they development third XX
leased with final the increase for it retail Field, of Average end XX.X%, marches in and tenant service another located occupied quarter affiliate opening fourth in year-to-date, the component Verge, is leased certificate 'XX, the opening project of date is and project Its and Red in loss Our XX.X% ventures. the as of in Average joint quarter leased the its XX.X%, for our loss occupied, was stabilization. equity is targeting the XX.X% for steadily end remarks.
.XXX towards quarter. the X,XXX of as a and XX.X% spoken stabilized during segment and the quarter in newest shares downtown was Fluor .XXX and XX.X% quarter the joint the reason for XX.X%. of plaza was Jackson, fully Unlike the in operation. are stabilization in the XX,XXX section, already and joint of lease-up transferred year-to-date, and joint Drive, of apartments at and XX% of stretch square to of reasoning of mentioned as second are an of assets the of X,XXX was Boston home segment, the X in ventures. its feet warehouse with Thus, increase quarter they street When behind ventures will Sox. in and ventures a in Verge placed of received early development for reach the in the these have business and these all retail. XXXX.
We're occupancy and Greenville XX.X%, the mixed-use feet square retail district, John of first occupancy his Jackson home Greenville, occupancy
to Page period X you $X.X on Development have million most you will $X press joint of the in versus in revenues same million increase recent me, If and or -- months the our last the NOI segment these of refer the release, almost NOI note And NOI our venture stabilized, excuse year. when will the assets XX first stabilized generated segment. through
source ultimately working and capital toward leg X-pronged ventures. transferred strategy, capital what infrastructure to our any national residential presold is lending principal of of where of It's homebuilders. improvements last a the call commencement entitlement and development development strategy, provide Our we horizontal program land, the to which prior is we
The XX% our profit-induced of and expected million minimum the million. of the final charged a down investment total to $XX.X this return with the 'XX. XX%, in Upon Prince of proceeds. determines QX lots this Amber is The projects million. sold, to $X preferred Maryland, with final of of George's which total and first includes a preferred of of a the a XXX expected above as rate of project County, and interest waterfall XXX commitment Ridge are completion returned interest XX X be $XX.X project, income taken interest split units quarter, of principal with end to the current by are profits
Presbyterian Homes, a XXX-acre project lending Maryland. called in development other Aberdeen, is Our residential current XXX-lot, ventures
to we homebuilder building finished terms and $XX.X lots, first Washington, and pleased about coming ahead company's we XXX [ committed of have are as in the A QX to single-family Horizontal the has the performance dwellings. XXX next in new townhomes funding will remain and be million similar begun, down will ] assets. all lots compete in include Ridge. Amber D.C. we optimistic purchased which quarters, surplus the expect national which closing, of developed a taken Challenges directly encounter construction under We opportunities. XXXX.
In has of are over growth online with waterfront our apartments with several
and to on development, this firm amenities foundations. competition to design, in management teams, us patient approach confidence coupled Our and careful with weather our allows
team look a through dedicated to turn, grow belief you, and our and and market. well-reasoned and and skills our to our FRP its steady, call exploit beget portfolio. turn We careful in successes the a forward its challenges continue the revenue approach in strong to will upon to in in We finding industry. now ways talented to I'll place, opportunities. continue that building And John. With profits the Thank new back
