Centerspace

Centerspace is a real estate investment trust (REIT) specializing in the ownership, management, acquisition, redevelopment, and development of apartment communities across the Midwest.

Established in 1970, the company has grown to encompass 75 apartment communities, offering 13,497 apartment homes in states including Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota.

Headquarters and Trading Information

Headquartered in Minot, North Dakota, Centerspace is publicly traded on the New York Stock Exchange under the ticker symbol CSR.

The company's mission is to provide great homes for its residents, team members, and investors by focusing on integrity and exceptional service.

Portfolio and Sustainability

Centerspace's portfolio includes a diverse range of apartment communities, from urban high-rises to suburban complexes, catering to various lifestyles and preferences.

The company emphasizes sustainability and community engagement, integrating environmental, social, and governance (ESG) principles into its operations.

Recent Expansions

In September 2021, Centerspace acquired a portfolio of 14 communities in Minneapolis and three in St. Cloud, Minnesota, adding 2,696 apartment homes to its holdings.

Additionally, in January 2022, Centerspace acquired three communities in Minneapolis and one in Denver, further strengthening its position in these vibrant markets.

Diversity and Community

Centerspace is committed to fostering a diverse, equitable, and inclusive environment for its team members and residents.

The company actively invests in the communities where it operates, supporting local initiatives and partnerships that align with its values.

Company Size and Team

With a dedicated team of approximately 400 employees, Centerspace continues to focus on delivering high-quality living spaces and exceptional service.

The company aims to be the premier provider of apartment homes in vibrant communities across the Midwest.

Locations

• Minneapolis, MN, USA
• Bismarck, ND, USA
• Billings Metropolitan Area, MT, USA
• Aurora, CO, USA