A real estate investment trust (REIT), Kite Realty Group Trust acquires, develops, and operates retail properties. It owns more than 70 strip malls and anchored shopping centers with some 12.4 million sq. ft. of leasable space in about a dozen states, with about a third in Indiana. The REIT also has interests in three commercial properties, a parking garage, several retail sites under development, and nearly 100 acres of land held for possible future development. Kite Realty also provides third-party management, development, and construction services. Its largest tenants include Florida grocer Publix, and TJX Cos., though no single tenant accounts for more than 5% of the company's rental income.