a We good quarter. Thank you fourth had Doug.
digits good or If at million, it basis. last on spreads Occupancy diluted had grew XXXX But moderated increased to FFO have a of by fourth XXX compared are volumes. leasing low We double you year-over-year XX in levels. from X.X% year year. the still releasing quarter points to look basis
and Our generate and certainly continue continue generate to concepts. healthy growth malls traffic attract relevant sales and to brands positive
their positive. balance strategies of Doug channel related that see we that are clearly continue brand and mainly tone differentiated omni product between their issues. buyouts brands in-store of and weight those As Legacy experience the the in those leveraged the are their into mentioned, to mostly to because versus struggling sheet for invest continue leasing historical change and
great recapture While malls able we will boxes to sales, an opportunities concerned continue leasing unproductive strong generally with Being brands. do provide see to improved over significant certain environment store retail us. continue department within redevelopment remain we for to
of Zara, Primark, tenant. took collectively of where replaced store the In Kings times underproductive We do Plaza Industrious. department JC with the will have the store we that. Barney's Square, sales it replaced Scottsdale and examples and which Sears on two five Fashion recent with compelling we Penny prior At Apple Burlington,
us residential, see compelling course recapture upgrades wellness have office components. hotel, we the do us and will including in centers for opportunities You demand and other next These There is five over department opportunity cash our diversify where mixed-use stores. adding sources health are for also years. entertainment, the to the flow of to
including and expansion end prime includes Ocean Looking Square Fashion this others. fitness square-foot of a example of Nobu, and and The is high-end on XX,XXX tremendous restaurants includes where well-recognized Scottsdale club. expansion at Farmhouse a leased continues a high exterior as development collection XXX% XX, which restaurants
former Breitling, features will and the extensive operator their new Industrious Store Fashion a premium and lineup Industrious far Scottsdale two more and more. at elements. John, opening-day XX,XXX typical opened generated is St. location, have traffic weeks with wing best generate renovated was we by opening Barney's at a exciting was of that exceeded January a retailers Gucci, expected we flagship which Square, newly Vuitton, educational Ferragamo commerce space. many they and including luxury debuted two the It ever Within Apple It an than occupancy. the renovated Omega, and box. national opened had square-foot experiential newly Laurent, store In Apple Louis square-foot department level ago co-working Prada, Barney's substantially previously or re-tenanted and Also Saint Cartier, XX,XXX co-working
star a lease. on adding In party a adjacent third are will first addition, Caesar's expansion. located four a will at XXX hotel. to hotel Scottsdale be XX,XXX ground the hotel center. kind This the Republic brand of by Fashion at will developed ideally be we built its non-gaming room Square square-foot The Caesar's be a
XXX,XXX Turning Fashion and now continues on downtown over four retail feet the entertainment District in square Philadelphia, of level construction to standing of a heart Philadelphia. hub
RoundX, develop Century Simon Reclamation project. signed A Westside, with announced anticipated have At Properties of sole see details I-XXX work premium the the that I'll XX% to This on XX, along support feet to square traveled outlets from square-foot One Notable have fall site feet remaining to status. the our a the return leases tenants Pavilion occupy expects sole We Winery. Westside our or AMC, has XXXX. and Nike, The this I known quarter, Angeles approximately Burlington, is Property Forever Group signed million we, formally initial we creative currently area. is shared its XX, Last the joint heavily The H&M, the we leasable XXX,XXX joint recently outlet space. million freeway Angeles. to commitments as office tenant partner commenced to center as Los Carson in delivered City outlet LA's along XXX stores. X% include invest venture with with current as Pacific will Sears newest a At to venture to in Google square XX-XX you fashion occupant XXX,XXX Authority of project. approximately be two Los briefly and The of update Class phases. XXX project open the to XXX,XXX expect in Hudson on frontage
and We into have ownership broken XX they groups. Sears stores different are
range are Arrowhead, and with none nine XX% of nine more repurposing These malls closed already Six of Freehold best foot open nine Danbury we virtue to stores these remaining which going plans the with sales owned portfolio, to of The demolishing of $XXX of for of a Danbury a Primark. six half appear some over this Both the and At Sears Seritage. Sears and closed to first locations per be time, joint leasing the of converted those in with uses. and footage all wide these rejected. our group including that Freehold. concern been includes have these productive the part are footprints although space stores is square and been have smaller Sears now XX-XX box, are are opportunities, venture three have with leases by the of average
of we these as yet. So control today, locations do not
Sears. second of are the by three remain to seven closed stores group, rent. to a the Center now Moving those very continue are outside remain Sears the open. months three seven leased owned before of by gain five, will and of owned locations control control and four are are stores, for and are Sears Sears and while by which Macerich when it part The for few efforts continue nominal to And a so boxes. will going Sears gain uncertain rejected. could portfolio, rejection these Pacific X of Valley. Stonewood we lease concern that five leases of date includes appear including our and those is Inland Victor owned one Seritage, only are be May four open Of which we Green closed leasing assuming the is more Group Acres, it and Of planning or and is View if
XXXX significant a of As terminations Sears. In XXXX we which the pertains forward our guidance we to within redevelopment continued opportunities. loss have majority on to for we Scott as closing, mentioned, progress are anchor move rent into looking our assumed
turn operator not without that that environment we some within over it questions. We bankruptcy are mind also weeks. to the but the names through including the are retailers it leasing to now past see big improved going for make two filed year that I'd and closures, have tone, encouraged by keeping like in to And the
