Curbline Properties Corp. (NYSE: CURB), an owner of convenience centers in suburban, high household income communities, announced today quarter-to-date investment and capital markets activity in connection with presentations at Citigroup’s 2026 Global Property CEO Conference.
“Investment activity remains elevated in the first quarter consistent with 2025 trends as Curbline looks to scale the first public real estate company focused exclusively on convenience properties. The Company’s acquisition pipeline continues to grow and we remain encouraged by the addressable market in the highly fragmented but liquid marketplace for convenience centers,” commented CEO David R. Lukes,
“Looking forward, Curbline remains uniquely positioned for growth given its differentiated investment focus, the leasing economics of the convenience property type, and its balance sheet with cash on hand and unsettled equity proceeds in excess of the Company’s full year investment target.”
Year-to-date, Curbline has acquired 10 convenience shopping centers for $111.4 million. Since October 2025, Curbline has sold an aggregate of 14.4 million shares of common stock on a forward basis under the Company’s ATM program and in its February 2026 underwritten public offering with total expected gross proceeds of $354.9 million as of February 26, 2026. The sales are expected to be settled prior to December 31, 2026 with proceeds expected to be used to fund future acquisitions.
CURB shares doffed 32 cents, or 1.2%, to $27.49.
