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Washington Prime Group (WPG) reported encouraging Q3 2019 results. WPG is close to an inflection point in terms of NOI and FFO growth, and I expect solid returns going forward in 2020 and beyond. Let's take a look at the key highlights from Q3 2019 earnings and try to consolidate the information.
1. Sales PSF on the rise
Tier One sales PSF increased to $413, versus $410 PSF in Q2 2019 and $397 PSF in Q2