Kite Realty Group

Kite Realty Group Overview

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About Kite Realty Group

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, Indiana. Established in 2004, the company has nearly 60 years of experience in developing, constructing, and operating real estate.

KRG specializes in the ownership, operation, management, leasing, acquisition, construction, redevelopment, and development of neighborhood and community shopping centers in select U.S. markets. As of March 31, 2025, the company owned interests in 180 U.S. open-air shopping centers and mixed-use assets, comprising approximately 28 million square feet of gross leasable space.

The company's portfolio is primarily grocery-anchored and located in high-growth Sun Belt and select strategic gateway markets. This combination of necessity-based centers and vibrant mixed-use assets makes the KRG portfolio an ideal platform for both retailers and consumers.

Company History and Merger

In 2021, Kite Realty Group Trust merged with Retail Properties of America, Inc., creating a combined entity with a diversified portfolio and enhanced operational capabilities.

Headquarters and Locations

The company's headquarters are located at 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204.

KRG also operates offices in several other locations, including:

  • Cary, NC
  • Delray Beach, FL
  • Las Vegas, NV
  • Naples, FL
  • Orlando, FL
  • Indianapolis, IN, USA

Financials and Workforce

Kite Realty Group Trust is publicly listed on the New York Stock Exchange under the symbol KRG. As of June 2025, the company reported annual revenue of approximately $300 million and employed around 272 individuals.

Leadership Team

The company's leadership includes:

  • John A. Kite – Chairman and Chief Executive Officer
  • Thomas K. McGowan – President and Chief Operating Officer
  • Heath R. Fear – Executive Vice President and Chief Financial Officer

Focus and Strategy

Kite Realty Group Trust continues to focus on maximizing the cash flow of its operating properties. It is also actively completing the construction and lease-up of its development portfolio.

The company pursues additional growth opportunities through acquisitions and redevelopments to strengthen its market position.

Kite Realty Group Frequently Asked Questions

Kite Realty Group hasn't posted any FAQs yet.