CENTERSPACE ANNOUNCES ENTRANCE INTO THE SALT LAKE CITY MARKET, PLANNED PORTFOLIO TRANSACTIONS, AND QUARTERLY DIVIDEND - Center (NYSE:CSR)

CENTERSPACE ANNOUNCES ENTRANCE INTO THE SALT LAKE CITY MARKET, PLANNED PORTFOLIO TRANSACTIONS, AND QUARTERLY DIVIDEND - Center (NYSE:CSR)

MINNEAPOLIS, June 2, 2025 /PRNewswire/ -- Centerspace (NYSE: CSR) (the "Company") announced that on May 30, 2025, it closed on the acquisition of its first community in Salt Lake City, UT, for $149 million. Centerspace has also signed an agreement to acquire a community in Fort Collins, CO, with closing anticipated in mid-June. Additionally, the Company has commenced marketing for sale its entire five-community portfolio in the Saint Cloud, MN, …