Curbline Properties Reports Strong Q4 2025 Earnings and Growth Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 09 2026
0mins
Should l Buy CURB?
Source: seekingalpha
- Acquisition Success: Curbline Properties achieved nearly $800 million in asset acquisitions in 2025, marking a significant milestone in its first year as a public company, which is expected to further enhance its competitive position in the market.
- Strong Leasing Performance: The company reported over 400,000 square feet of new leases in Q4, with average new lease spreads of 20% and renewal spreads nearing 10%, indicating robust leasing demand and market vitality.
- Robust Financial Growth: Q4 NOI increased by 16% sequentially and nearly 60% year-over-year, demonstrating the company's success in acquisitions and organic growth while maintaining a leasing rate of 96.7% and a 20 basis point increase in occupancy.
- Optimistic 2026 Outlook: Curbline projects 2026 FFO guidance in the range of $1.17 to $1.21 per share, forecasting a 12% year-over-year growth, reflecting strong growth potential and investment confidence in the convenience property market.
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Analyst Views on CURB
Wall Street analysts forecast CURB stock price to rise
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 25.360
Low
24.00
Averages
27.07
High
30.00
Current: 25.360
Low
24.00
Averages
27.07
High
30.00
About CURB
Curbline Properties Corp. is an owner and manager of convenience shopping centers positioned on the curbline of intersections and vehicular corridors in suburban, high household income communities. The Company's properties are located in the United States and are geographically diversified, principally across the Southeast, Mid-Atlantic, Southwest and Mountain regions, along with Texas. It is focused on leasing space to a diversified group of primarily national, high credit quality tenants operating across a range of primarily service and restaurant businesses, including quick-service restaurants, healthcare and wellness, financial services, beverage retail, telecommunications, beauty and hair salons, and fitness, among others. Its properties include Promenade Plaza, Hampton Cove Corner, Eastchase Point, Shops at Tiger Town, Chandler Center, Shops at Gilbert Crossroads, Red Mountain Corner, Crossroads Marketplace, Shops on Montview, Estero Crossing, and Shops at Carillon.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Offering Size: Curbline Properties (CURB) priced an underwritten public offering of 8 million shares at approximately $204 million, demonstrating the company's ability to raise capital and confidence in future expansion.
- Overallotment Option: The underwriters have a 30-day option to purchase up to an additional 1.2 million shares, potentially raising the total offering to 9.2 million shares, which would further strengthen the company's capital structure and market liquidity.
- Market Reaction: Following the public offering announcement, CURB's stock dropped about 2% in after-hours trading on Tuesday, reflecting cautious market sentiment that may impact investor confidence.
- Future Outlook: Curbline Properties aims for a 12% growth target in FFO for 2026 while expanding its $700 million investment plan, indicating a proactive approach to future growth and strategic direction.
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- Offering Size: Curbline Properties Corp. announced a public offering of 8 million shares at a price of $204 per share, expected to generate approximately $204 million in gross proceeds, indicating strong demand in the capital markets.
- Underwriter Arrangement: Morgan Stanley and BofA Securities are acting as underwriters for the offering, with a 30-day option to purchase an additional 1.2 million shares, which enhances market interest in the stock.
- Forward Sale Agreement Details: The company has entered into forward sale agreements with underwriters, expecting to settle within 18 months, and if the underwriters exercise their option, total shares issued could rise to 9.2 million, reflecting confidence in the company's future growth.
- Planned Use of Proceeds: The company intends to use the net proceeds from the offering for general corporate purposes, including property acquisitions and debt repayment, aiming to enhance overall financial health through diversified investment strategies.
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Announcement of Pricing: Curblin Properties has announced the pricing details for their common stock offering.
Stock Offering Details: The announcement includes specifics about the number of shares and the expected use of proceeds from the offering.
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- Offering Scale: Curbline Properties has announced the commencement of an underwritten public offering of 8 million shares of common stock, with physical settlement expected within 18 months, indicating the company's proactive approach to capital market utilization.
- Underwriter Selection: Morgan Stanley and BofA Securities are acting as underwriters for this offering, with an expected option to purchase an additional 1.2 million shares, which enhances market confidence in the issuance.
- Planned Use of Proceeds: Although the company will not receive proceeds from the initial sale, it anticipates net proceeds upon settlement, which it plans to use for general corporate purposes, including property acquisitions and debt repayment, aimed at enhancing financial flexibility.
- Market Reaction: Curbline Properties' stock fell 1.94% in after-hours trading to $25.23, reflecting a cautious market sentiment regarding the offering, which may impact future financing strategies.
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- Offering Scale: Curbline Properties Corp. has announced the commencement of a public offering of 8 million shares of common stock, expected to be completed within approximately 18 months, indicating the company's proactive approach to capital market utilization and urgent financing needs.
- Underwriter Arrangement: Morgan Stanley and BofA Securities are acting as underwriters for the offering, with an expected 30-day option to purchase up to an additional 1.2 million shares, enhancing market liquidity for the stock.
- Forward Sale Agreement Details: The company will enter into forward sale agreements with underwriters, with expectations that forward purchasers will borrow and sell 8 million shares, potentially increasing to 9.2 million if the option is fully exercised, reflecting strong market demand for the stock.
- Planned Use of Proceeds: Although the company will not receive proceeds from the sale of shares by forward purchasers, it intends to use any net proceeds from the forward sale agreements for general corporate purposes, including acquisitions, working capital, and capital expenditures, demonstrating a strategic focus on future growth.
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- Acquisition Success: Curbline Properties achieved nearly $800 million in asset acquisitions in 2025, marking a significant milestone in its first year as a public company, which is expected to further enhance its competitive position in the market.
- Strong Leasing Performance: The company reported over 400,000 square feet of new leases in Q4, with average new lease spreads of 20% and renewal spreads nearing 10%, indicating robust leasing demand and market vitality.
- Robust Financial Growth: Q4 NOI increased by 16% sequentially and nearly 60% year-over-year, demonstrating the company's success in acquisitions and organic growth while maintaining a leasing rate of 96.7% and a 20 basis point increase in occupancy.
- Optimistic 2026 Outlook: Curbline projects 2026 FFO guidance in the range of $1.17 to $1.21 per share, forecasting a 12% year-over-year growth, reflecting strong growth potential and investment confidence in the convenience property market.
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