Strategic Realty Trust, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 07, 2020 at 01:11 am IST
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Strategic Realty Trust, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 934,000 compared to USD 315,000 a year ago. Net loss was USD 949,000 compared to USD 322,000 a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.03 a year ago. For the nine months, operating loss was USD 1.969 million compared to USD 1.157 million a year ago. Net loss was USD 1.046 million compared to USD 1.211 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.11 a year ago.
Strategic Realty Trust, Inc. is a real estate investment trust (REIT). The Company invests in and manages a portfolio of income-producing retail properties located in the United States. The Companyâs business is conducted through Strategic Realty Operating Partnership, L.P. It owns substantially all of its assets and conducts its operations through its operating partnership, of which it is the sole general partner. Its property portfolio includes six retail properties, comprising an aggregate of approximately 27,000 square feet of multi-tenant, commercial retail space located in California. Its properties include 400 Grove Street, 8 Octavia Street, Fulton Shops, 450 Hayes, 388 Fulton and Silver Lake.
STRATEGIC REALTY TRUST, INC. 
