Operator. you, Thank
and Realty's everyone, for us joining Good Quarter thank XXXX Agree First Earnings for morning, you Call.
a that Joining me Officer. off year report Financial faces continue across to our our Thelen, to capitalize to as we're on we this morning I'm business. is pleased Clay strong the start all opportunities Chief of to
through Subsequent continuing During Stock and proactive activity quarter the strategic to our commemorated anniversary through fortify investment our quarter, activity. New the we company as portfolio further bell capital balance we end, a York sheet management, of the to by strengthened while markets closing our XXth Exchange. asset ringing public
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range million acquisition our our strong acquisition pipeline, we are robust volume XXXX million first the $XXX increasing for in a to guidance and to year. our in of quarter the Given high-quality $XXX
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Our has acquisition industry-leading originating best-in-class done team job outstanding an retailers. with opportunities
leading portfolio was remaining lease to grown leading the X% at quarter base our retailers and was are newest annualized to AutoZone, At rent concentration, quarter of were of credit Texas approximately investment-grade X% as leased leased that McDonald's Chick-fil-A retailers. many our ground investment-grade of our almost ground unrated, end. the portfolio's to only rents The basis retailers by including Walmart, is that addition derived retailers Wawa, Starbucks. to X-Eleven XXX XX% an portfolio the lease and Lowe's, end, increasing year-over-year such points significantly Home from also and comprise sub-investment-grade our lease carry Aldi, rating Roadhouse. Depot, ground While to we've portfolio, XX%
continue seek number control currently the country's We expand operators. a to to have portfolio assets under best leased of are to this ground that and
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to The strength assets to urban similar is our portfolio. our also portfolio roster. look by our to for tenant add continue opportunities changing unique of We evidenced
fixed list the tenant and During the quarter. added TBC quarter, National Tire to top property was our tenant with leaseback Service sale list our Corporation we from Centers. Simultaneously, Battery during top via eliminated AMC
Capital capital Development Turning in Rentals past delivered during and in with Orlando represent platforms, million. fourth project delivered Rentals X our Development deployed million. and the the capital approximately company third of X construction completed Partner $X in quarter Wash of Ohio. and the with either company's quarter Ohio. the to total of Car with Solutions total had that completed Mister projects developments to this The quarter, during its first almost PCS those under and were second $XX Sunbelt include Batavia, quarter representing committed we during or Maumee, Sunbelt project our Subsequent and delivered Tavares, Florida end, projects projects
our In Maumee and our with ground first our and during in third at project Sunbelt the Rentals addition completed quarter Georgetown, Kentucky projects to in continued Batavia, construction up them.
construction fourth commence continuing year, quarter our announce Finally, we fourth future. in Springs, and of we this project the expand we're anticipated pleased the by look projects is to complete during forward Sunbelt to quarter the in to Texas. with the Sunbelt Rentals in relationship that to The Carrizo first
Georgetown, in Lobby; the in with of of Harbor the Illinois; development other in former on Michigan redevelopment for the addition anticipated Sunbelt Gerber the projects, and Collision Lake, cost redevelopment Kmart company's Tools. consist and $XX in continued projects Round nearly Frankfort, during quarter former Pleasant, and In the company's Lots Big company's for million. the Mount Development Aldi, X Hobby Freight to of Kentucky The total Kmart the Kentucky, construction first Rentals with PCS of project
solidified efforts million. for continued These While our the of portfolio, also first quality we've efforts. portfolio our the improved gross our diversified $XX through disposition as activity and has Walgreens year-to-date during of we investment assets approximately and management X quarter asset proactive sold proceeds
reduced the subject diligence, next As to Walgreens Similarly, to has have XXX basis to an X.X% additional disposition and efforts, Walgreens concentration of represents exposure end. been anticipate at points closing weeks. we year-over-year in year-over-year. approximately XXX quarter a which We X.X%. of decreased asset basis sell, our currently decrease This a due pharmacy customary is to few result our our under contract points
Our also lease continues asset management team maturities. upcoming focusing addressing to on
quarter result of maturities five these we remaining lease annualized only a in representing base of than less As rents. X% XXXX, at efforts had end,
the of options feet gross leasable leases, approximately square we During sales. quarter, new extensions XXX,XXX executed on or
As consisted growing properties of March XX, of XX states. XXX portfolio rapidly our retail across
quarter. with to are discuss has than turn annualized average coming Clay? comprised more occupied sectors, XX.X% for effectively our remains base results remaining XX.X% you Our to I'll XX.X from tenants. for tenants rents your industry-leading primarily XX investment-grade fully that, of portfolio Thank in patience. financial distinct in The term of retail retailers again years. the and lease with a weighted over And it Clay operating
