American Strategic Investment Co. reports Q1 portfolio occupancy of 87.2%

American Strategic Investment Co. announced that it completed one new license agreement in the first quarter for approximately 8,000 square feet, resulting in a portfolio occupancy of 87.2%. Additionally, the company’s leasing pipeline totals approximately 14,000 square feet. “Our focus on portfolio management resulted in occupancy growth of over 300 basis points at the end of the first quarter compared to last year,” said Michael Anderson, CEO of American Strategic Investment Co. “If completed, our leasing pipeline is expected to further increase occupancy to 87.3%, net of terminations. We remain committed to continuing to strengthen our portfolio with high-quality tenants signed to long-term leases.”