One Year of Perform Properties: Building Momentum for What’s Next

One year ago, we brought together three legacy companies: ShopCore Properties, Retail Opportunity Investments Corp. (ROIC), and EQ Office – combining complementary strengths to form Perform Properties, a diversified real estate operating platform. Today, we operate with an integrated approach across retail and office, focused on delivering high-quality environments for our tenants and partners nationwide.

Our first year focused on establishing Perform as a strong, integrated platform. We deepened our presence in key markets, including expanding our retail footprint in Texas – an example of how we approach growth with intention and discipline.

At the same time, much of the work happened behind the scenes. Building Perform meant aligning teams, integrating operations, and refining how we deliver across our portfolio, driving a better tenant experience and value for our partners and stakeholders. We also invested in talent and capabilities to support a more connected, forward-looking platform. As we grow, our purpose and culture continue to take shape – brought to life by our people.

That focus is already driving momentum across the business. In our first year, teams secured more than 2 million square feet of retail leasing and 1 million square feet of office leasing. On the retail side, our expansion added 16 high-quality, grocery-anchored assets across Texas. We also strengthened our office portfolio through acquisitions including 1345 Avenue of the Americas (New York City, NY), 300 Howard (San Francisco, CA), and Blocks 5 & 6 (Bellevue, WA).

Across all our work, we have remained focused on sustainability and long-term impact. Our Sustainability and Social Impact Update Report outlined Perform’s priorities across building efficiency, environmental performance, and community engagement. That progress was recognized on Newsweek’s America’s Greenest Companies 2026 list, including measurable results such as a 20% year-over-year reduction in Scope 1 and Scope 2 emissions across our office portfolio and more than 2,500 tons of waste diverted from landfills. We also continued to expand innovation through new partnerships, including King Solar, to grow specialty revenue opportunities like EV charging and solar energy.

Supporting the communities where we operate is equally important. Over the past year, our teams contributed more than 2,200 volunteer hours, including work with Baby2Baby to deliver essential items to families impacted by the Los Angeles fires, as well as ongoing partnerships such as CoreGiving to address food insecurity.

“Our first year was about building a strong foundation while delivering for our tenants, partners, and communities while driving value across our portfolio,” said Alex Vouvalides, Chief Executive Officer of Perform Properties. “As we move into year two, our focus remains on executing consistently across the portfolio and building on the momentum we’ve established.”

Looking ahead, we will build on what we’ve established – deepening our capabilities, driving consistency, and continuing to create places people are drawn to. Grounded in People-Appeal, our work is focused on shaping spaces that evolve with how people work, shop, and connect.