Thanks, second-quarter on I'm Dave, end high adjusted which solid to going portfolio late and to good share, our morning, everyone, an April. transaction. the of earnings second-quarter of begin and with welcome our yesterday FFO our per at reported of guidance $X.XX call. provided update We is late results in
we've the completed real end, reported, sale to subsequent group of for As to Inland quarter stores million. $XXX estate mature we already XX
The and located are million in stores process. Carolina. from of properties guidance than because These was the Texas, two $XXX in were Louisiana, South slightly late the our removed lower North sales transaction Mississippi, price
long-term Importantly, subject to a XX we all management stores agreement. continue of terms will the to manage
relationship with are about new our We excited Inland. strategic
least very more we've I total, any that We at the over do owned am In further wholly report than not also on to been meaningful stores divested XXXX. we the acquisition XX through for assets anticipate million happy $XXX past year. active dispositions front. of
acquired markets we million Cleveland both in quarter, where second $XX we operate. and the stores four approximately for During currently Jacksonville,
we South Georgia. North million end, for quarter Carolina, Tennessee in Virginia, we Florida, stores to and $XXX And operate located where in markets currently XX also and subsequent acquired
located across like where not of where Finally, are market Baltimore, the we quarter of Seattle, new XX operate, rates. the Las spread stores entered but strategic we into currently since and the we July, and XX Vegas do agreements in Eight markets to acquire Austin. the through demographics beginning second
Northwest in stores in with Baltimore will help stores Pacific will and five provide in the region. gap three us in a Specifically, Seattle the mid-Atlantic a foothold fill
property XX of years. properties The and attractive in in several keep further our we in will according with these mind Las remaining currently to the assurance they seeing growth all have with are contemplated closing remain that newer no Austin of that stores given execution to to be managing past tariffs. revenue diligence demographics be been store Please can increasing for and due and months higher and and conditions, more subject two with a consistent our and strategy therefore, Vegas purchased transactions during markets better The exposure is the opportunities prospects.
stores per roughly are, rates and on of Specifically, of we XX%. that sold occupancy average, store $XX, years with old XX of revenue asking XX $XXX,XXX
six result, of acquired on XX%. decreased have rotation, store that million and years XX as are, $X which largest around as range this XX currently We Texas once now Chicago our revenue stores, per average, by market. in we of in And and stores occupancy our five stabilized, of is exposure $XX have old part Houston. with a are Also, over
believe, of our margins and we rate, improve asset All growth our value. will transactions, these net
from due Occupancy move will on But provide quarter remains to ins operations, expected. largely moving performed on second new to as than Andy pressure lower supply. Now and details shortly. year the last
resilient outs. lower However, year-over-year existing with remained customers moved
as to quarters. New markets, and in York Our very England New recent well have Vegas they perform largest Las Buffalo, Metro City, continue
grew Chicago, are revenue faster and cycle, portfolio We in but that our supply markets trends in than in grew where we stabilized were faster improving average. seeing early the impacted we particularly
continue remain market to to and they Houston, namely new Miami, watch supply. list, that Dallas by our on regard be With impacted
peak the as but into also through we to remained third that rates challenged market demands the due typical elevated that deliveries comfortable of elevated been year-over-year quarter hurricane-driven are has in comps well by Houston, We XXXX.
the efficiently year the our the the an I Rent of customers rental is Millennials effectively self-serve going boomers our shift We for customers' to digital now hand expected And finally, platform we Now, toward adult to would to note it will operate I like we than who over that counter. over take baby prefer fully have to and rollout needs Andy. just this Rent to year. have over and population channel seen meet platform Now online the completed important skip past to believe more are largest of forward.
