Select Income REIT (SIR) Reports Q1 Normalized FFO of $0.59
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Select Income REIT Announces First Quarter 2017 Results
April 25, 2017 7:00 AM EDT484,000 Square Feet Leased at 20.9% Rental Rate Increases
NEWTON, Mass.--(BUSINESS WIRE)-- Select Income REIT (Nasdaq: SIR) today announced financial results for the quarter ended March 31, 2017.
David Blackman, President and Chief Operating Officer of SIR, made the following statement:
"Select Income REITs solid leasing momentum continued in the first quarter of 2017. We executed 484,000 square feet of new and renewal leases for weighted average rents that were over 20% higher than previous rents for the same space, for 10 years of weighted average... More
