Kite Realty Group Trust (NYSE:KRG) acquired remaining 60% stake in Parkside Town Commons development project from Prudential Real Estate Investors for $13.3 million on December 31, 2012. Kite Realty Group Trust assumed Prudential Real Estate's $8.7 million share of indebtedness on the project.

Kite Realty Group Trust (NYSE:KRG) completed the acquisition of remaining 60% stake in Parkside Town Commons development project from Prudential Real Estate Investors on December 31, 2012.