Centerspace plans $245 million asset sales to reduce debt

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Centerspace Announces Outcome of Strategic Review; $245 Million of Planned Dispositions

June 1, 2026 4:30 PM EDT

Company plans to dispose of approximately $245 million of assets in 2026, including a full exit from the Bismarck and Rapid City markets

Proceeds will be utilized to strengthen the balance sheet by significantly reducing leverage

Company declares a regular quarterly distribution of $0.77 per share/unit

MINNEAPOLIS, June 1, 2026 /PRNewswire/ --... More