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Alexander & Baldwin(ALEX) - 2025 Q2 - Quarterly Results

• Funds From Operations ("FFO") of 35.2million,or35.2 million, or 0.48 per diluted share • FFO related to CRE and Corporate of 21.2million,or21.2 million, or 0.29 per diluted share • CRE Same-Store Net Operating Income ("NOI") growth of 5.3% • Leased occupancy as of June 30, 2025, was 95.8% • Comparable blended leasing spreads for the improved portfolio were 6.8% • Began pre-construction of two new buildings at Komohana Industrial Park that will add 105,000 sq. ft of GLA to our largest industrial asset, and pre-leased one building ...