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8-K

Brixmor Property Group Inc. (BRX)

8-K 2026-04-27 For: 2026-04-27
View Original
Added on April 27, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 27, 2026

Brixmor Property Group Inc.

Brixmor Operating Partnership LP

(Exact Name of Registrant as Specified in Charter)

Maryland 001-36160 45-2433192
Delaware 333-256637-01 80-0831163
(State or Other Jurisdiction<br>of Incorporation) (Commission<br>File Number) (IRS Employer<br>Identification No.)

100 Park Avenue

New York, New York 10017

(Address of Principal Executive Offices, and Zip Code)

(212) 869-3000

(Registrant’s Telephone Number, Including Area Code)

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share BRX New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

| ☐ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | | --- | --- || ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | | --- | --- || ☐ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | | --- | --- || ☐ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | | --- | --- |

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Brixmor Property Group Inc. Yes ☐ No ☑              Brixmor Operating Partnership LP Yes ☐ No ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Brixmor Property Group Inc. ☐                     Brixmor Operating Partnership LP ☐

Item 2.02    Results of Operations and Financial Condition.

On April 27, 2026, Brixmor Property Group Inc. (the "Company") issued a press release announcing its financial results and Supplemental Disclosure pertaining to its operations for the first quarter ended March 31, 2026. The press release is furnished as Exhibit 99.1 to this Report and the Supplemental Disclosure is furnished as Exhibit 99.2 to this Report.

As provided in General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibits 99.1 and 99.2 to this Form 8-K shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01     Financial Statements and Exhibits

(d)     The following exhibits are attached to this Current Report on Form 8-K

99.1 Press release issued April 27, 2026.
99.2 Brixmor Property Group Inc. Supplemental Financial Information for the first quarter ended March 31, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

Date: April 27, 2026 BRIXMOR PROPERTY GROUP INC.
By: /s/ Steven F. Siegel
Name: Steven F. Siegel
Title: Executive Vice President,
General Counsel and Secretary
BRIXMOR OPERATING PARTNERSHIP LP
By: Brixmor OP GP LLC, its general partner
By: BPG Subsidiary LLC, its sole member
By: /s/ Steven F. Siegel
Name: Steven F. Siegel
Title: Executive Vice President,
General Counsel and Secretary

Document

Exhibit 99.1

brixmor_logo.jpg

100 Park Avenue : New York, NY 10017 : 800.468.7526

FOR IMMEDIATE RELEASE

CONTACT:

Stacy Slater

Executive Vice President, Investor Relations

800.468.7526

stacy.slater@brixmor.com

BRIXMOR PROPERTY GROUP INCREASES 2026 OUTLOOK DRIVEN BY STRONG FIRST QUARTER OPERATING RESULTS AND ACCELERATING BUSINESS MOMENTUM

NEW YORK, APRIL 27, 2026 - Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today its operating results for the three months ended March 31, 2026. For the three months ended March 31, 2026 and 2025, net income attributable to Brixmor Property Group Inc. was $0.41 per diluted share and $0.23 per diluted share, respectively.

Key highlights for the three months ended March 31, 2026 include:

•Executed 1.3 million square feet of new and renewal leases, with rent spreads on comparable space of 27.0%, including new lease rent spreads on comparable space of 41.8% and record renewal lease rent spreads on comparable space of 21.3%

•Realized total leased occupancy of 95.1%, anchor leased occupancy of 96.5%, and small shop leased occupancy of 92.1%

◦Commenced $12.0 million of annualized base rent

◦Leased to billed occupancy spread totaled 370 basis points

◦Total signed but not yet commenced new lease population represented 2.8 million square feet and $66.7 million of annualized base rent

•Reported an increase in same property NOI of 6.4%, including a contribution from base rent of 410 basis points

•Reported Nareit FFO of $179.6 million, or $0.58 per diluted share

•Stabilized $77.8 million of reinvestment projects at an average incremental NOI yield of 9%, with the in process reinvestment pipeline totaling $302.4 million at an expected average incremental NOI yield of 10%

•Completed $107.9 million of dispositions

•Executed forward sale contracts to issue 3.9 million shares under the Company's at-the-market ("ATM") equity offering program at a weighted-average offering price of $29.85 per share and anticipated proceeds of $116.0 million, before commissions and fees

Subsequent events:

•Completed $11.3 million of dispositions

•Updated previously provided Nareit FFO per diluted share expectations for 2026 to $2.34 - $2.37 from $2.33 - $2.37 and same property NOI growth expectations for 2026 to 4.75% - 5.50% from 4.50% - 5.50%

"The Brixmor team is off to a strong start to 2026 as demonstrated by sustained leasing demand, record renewal spreads, and continued execution of our accretive reinvestment plan during the first quarter,” commented Brian T. Finnegan, Chief Executive Officer and President. “Our increased 2026 outlook reflects the strength of our platform, the durability of our underlying cash flows, and the unparalleled visibility on growth in what continues to be a positive environment for grocery-anchored open-air shopping centers.”

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FINANCIAL HIGHLIGHTS

•The following table summarizes the Company’s net income attributable to Brixmor Property Group Inc. and Nareit FFO:

(Unaudited, dollars in millions, except per share amounts) Three Months Ended
3/31/2026 3/31/2025
Net income attributable to Brixmor Property Group Inc. $127.8 $69.7
Net income attributable to Brixmor Property Group Inc. per diluted share $0.41 $0.23
Nareit FFO $179.6 $171.1
Nareit FFO per diluted share $0.58 $0.56

Same Property NOI Performance

•For the three months ended March 31, 2026, the Company reported an increase in same property NOI of 6.4% versus the comparable 2025 period.

Dividend

•The Company’s Board of Directors declared a quarterly cash dividend of $0.3075 per common share (equivalent to $1.23 per annum). The dividend is payable on July 15, 2026 to stockholders of record on July 2, 2026.

PORTFOLIO AND INVESTMENT ACTIVITY

Value Enhancing Reinvestment Opportunities

•During the three months ended March 31, 2026, the Company stabilized four value enhancing reinvestment projects with a total aggregate net cost of approximately $77.8 million at an average incremental NOI yield of 9% and added ten new reinvestment projects to its in process pipeline with a total aggregate net estimated cost of approximately $43.7 million at an expected average incremental NOI yield of 10%.

•The following table summarizes the Company’s in process reinvestment pipeline as of March 31, 2026:

(Dollars in millions) Number of Projects Net Estimated Costs Expected NOI Yield
Anchor space repositioning 15 $77.0 7% - 14%
Outparcel development 12 21.5 12%
Redevelopment 12 203.9 11%
Total 39 $302.4 10%

•An in-depth review of a redevelopment project which highlights the Company's reinvestment capabilities, The Davis Collection (Sacramento-Roseville-Folsom, CA CBSA), can be found at this link: https://www.brixmor.com/blog/davis-community-retailers-city.

•Follow Brixmor on LinkedIn for video updates on reinvestment projects at https://www.linkedin.com/company/brixmor.

Acquisitions

•During the three months ended March 31, 2026, the Company did not complete any acquisitions.

Dispositions

•During the three months ended March 31, 2026, the Company generated $107.9 million of gross proceeds on the disposition of four shopping centers.

•Subsequent to March 31, 2026, the Company generated approximately $11.3 million of gross proceeds on the disposition of one shopping center.

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100 Park Avenue : New York, NY 10017 : 800.468.7526

CAPITAL STRUCTURE

•During the three months ended March 31, 2026, the Company executed forward sale contracts under its ATM equity offering program through which it is expected to issue 3.9 million shares of common stock at a weighted-average offering price per share of $29.85, before commissions and fees. Anticipated proceeds from the forward sale contracts are approximately $116.0 million, before commissions and fees, and are expected to be used for general corporate purposes.

•At March 31, 2026, the Company had $1.8 billion in liquidity.

•At March 31, 2026, the Company's net principal debt to adjusted EBITDA, current quarter annualized was 5.3x and net principal debt to adjusted EBITDA, trailing twelve months was 5.4x.

GUIDANCE

•The Company has updated its previously provided Nareit FFO per diluted share expectations for 2026 to $2.34 - $2.37 from $2.33 - $2.37 and its same property NOI growth expectations for 2026 to 4.75% - 5.50% from 4.50% - 5.50%.

◦Revenues deemed uncollectible is expected to total 75 - 100 basis points of total expected revenues in 2026.

◦2026 expectations do not include any additional items that impact FFO comparability, which include gain or loss on extinguishment of debt, net and transaction expenses, net, or any other one-time items.

•The following table provides a reconciliation of the range of the Company's 2026 estimated net income attributable to Brixmor Property Group Inc. to Nareit FFO:

(Unaudited, dollars in millions, except per share amounts) 2026E 2026E Per Diluted Share
Net income attributable to Brixmor Property Group Inc. $355 - $365 $1.16 - $1.19
Depreciation and amortization related to real estate 417 1.35
Gain on sale of real estate assets (52) (0.17)
Nareit FFO $720 - $730 $2.34 - $2.37

CONNECT WITH BRIXMOR

•For additional information, please visit https://www.brixmor.com;

•Follow Brixmor on:

◦LinkedIn at https://www.linkedin.com/company/brixmor

◦Facebook at https://www.facebook.com/Brixmor

◦Instagram at https://www.instagram.com/brixmorpropertygroup; and

◦YouTube at https://www.youtube.com/user/Brixmor.

CONFERENCE CALL AND SUPPLEMENTAL INFORMATION

The Company will host a teleconference on Tuesday, April 28, 2026 at 10:00 AM ET. To participate, please dial 877.704.4453 (domestic) or 201.389.0920 (international) within 15 minutes of the scheduled start of the call. The teleconference can also be accessed via a live webcast at https://www.brixmor.com in the Investors section. A replay of the teleconference will be available through May 12, 2026 by dialing 844.512.2921 (domestic) or 412.317.6671 (international) (Passcode: 13758788) or via the web through April 28, 2027 at https://www.brixmor.com in the Investors section.

The Company’s Supplemental Disclosure will be posted at https://www.brixmor.com in the Investors section. These materials are also available to all interested parties upon request to the Company at investorrelations@brixmor.com or 800.468.7526.

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100 Park Avenue : New York, NY 10017 : 800.468.7526

NON-GAAP PERFORMANCE MEASURES

The Company presents the non-GAAP performance measures set forth below. These measures should not be considered as alternatives to, or more meaningful than, net income (calculated in accordance with GAAP) or other GAAP financial measures, as an indicator of financial performance and are not alternatives to, or more meaningful than, cash flow from operating activities (calculated in accordance with GAAP) as a measure of liquidity. Non-GAAP performance measures have limitations as they do not include all items of income and expense that affect operations, and accordingly, should always be considered as supplemental financial results to those calculated in accordance with GAAP. The Company’s computation of these non-GAAP performance measures may differ in certain respects from the methodology utilized by other REITs and, therefore, may not be comparable to similarly titled measures presented by such other REITs. Investors are cautioned that items excluded from these non-GAAP performance measures are relevant to understanding and addressing financial performance. A reconciliation of net income to these non-GAAP performance measures is presented in the attached tables.

Nareit FFO

Nareit FFO is a supplemental, non-GAAP performance measure utilized to evaluate the operating and financial performance of real estate companies. Nareit defines FFO as net income (calculated in accordance with GAAP) excluding (i) depreciation and amortization related to real estate, (ii) gains and losses from the sale of certain real estate assets, (iii) gains and losses from change in control, (iv) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity and (v) after adjustments for unconsolidated joint ventures calculated to reflect FFO on the same basis. Considering the nature of its business as a real estate owner and operator, the Company believes that Nareit FFO is useful to investors in measuring its operating and financial performance because the definition excludes items included in net income (calculated in accordance with GAAP) that do not relate to or are not indicative of the Company’s operating and financial performance, such as depreciation and amortization related to real estate, and items which can make periodic and peer analyses of operating and financial performance more difficult, such as gains and losses from the sale of certain real estate assets and impairment write-downs of certain real estate assets.

Same Property NOI

Same property NOI is a supplemental, non-GAAP performance measure utilized to evaluate the operating performance of real estate companies. Same property NOI is calculated (using properties owned for the entirety of both periods and excluding properties under development and completed new development properties that have been stabilized for less than one year) as total property revenues (base rent, expense reimbursements, adjustments for revenues deemed uncollectible, ancillary and other rental income, percentage rents, and other revenues) less direct property operating expenses (operating costs and real estate taxes). Same property NOI excludes (i) lease termination fees, (ii) straight-line rental income, net, (iii) accretion of below-market leases, net of amortization of above-market leases and tenant inducements, (iv) straight-line ground rent expense, net, (v) income or expense associated with the Company's captive insurance company, (vi) depreciation and amortization, (vii) impairment of real estate assets, (viii) general and administrative expense, and (ix) other income and expense (including interest expense and gain on sale of real estate assets). Considering the nature of its business as a real estate owner and operator, the Company believes that NOI is useful to investors in measuring the operating performance of its portfolio because the definition excludes various items included in net income that do not relate to, or are not indicative of, the operating performance of the Company’s properties, such as lease termination fees, straight-line rental income, net, income or expense associated with the Company’s captive insurance company, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, straight-line ground rent expense, net, depreciation and amortization, impairment of real estate assets, general and administrative expense, and other income and expense (including interest expense and gain on sale of real estate assets). The Company believes that same property NOI is also useful to investors because it further eliminates disparities in NOI by only including NOI of properties owned for the entirety of both periods presented and excluding properties under development and completed new development properties that have been stabilized for less than one year and therefore provides a more consistent metric for comparing the operating performance of the Company's real estate between periods.

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100 Park Avenue : New York, NY 10017 : 800.468.7526

Net Principal Debt to Adjusted EBITDA, current quarter annualized & Net Principal Debt to Adjusted EBITDA, trailing twelve months

Net principal debt to adjusted EBITDA, current quarter annualized and net principal debt to adjusted EBITDA, trailing twelve months are supplemental non-GAAP measures utilized to evaluate the performance of real estate companies in relation to outstanding debt. Net principal debt is calculated as Debt obligations, net (calculated in accordance with GAAP) excluding net unamortized premium or discount and deferred financing fees less cash, cash equivalents, and restricted cash. Adjusted EBITDA is calculated as the sum of net income (calculated in accordance with GAAP) before non-controlling interests excluding (i) interest expense, (ii) federal and state taxes, (iii) depreciation and amortization, (iv) gains and losses from the sale of certain real estate assets, (v) gains and losses from change in control, (vi) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity, (vii) gain (loss) on extinguishment of debt, net, and (viii) other items that the Company believes are not indicative of the Company's operating performance. Net principal debt to adjusted EBITDA, current quarter annualized and net principal debt to adjusted EBITDA, trailing twelve months are calculated as net principal debt divided by quarterly annualized adjusted EBITDA or trailing twelve month adjusted EBITDA, respectively. Considering the nature of its business as a real estate owner and operator, the Company believes that net principal debt to adjusted EBITDA, current quarter annualized and net principal debt to adjusted EBITDA, trailing twelve months are useful to investors in measuring its operating performance because they exclude items included in net income (calculated in accordance with GAAP) that do not relate to or are not indicative of the operating performance of the Company’s real estate, are widely known and understood measures of performance, independent of a company's capital structure and items which can make periodic and peer analyses of performance more difficult, and can provide investors with a more consistent basis by which to compare the Company with its peers.

ABOUT BRIXMOR PROPERTY GROUP

Brixmor (NYSE: BRX) owns and operates a high-quality, national portfolio of open-air shopping centers. The Company’s 344 retail centers comprise approximately 62 million square feet of prime retail space in established trade areas. Brixmor’s properties reflect its vision “to be the center of the communities we serve” and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the “Investors” page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels.

SAFE HARBOR LANGUAGE

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under the sections entitled “Forward-Looking Statements” and “Risk Factors” in our Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at https://www.sec.gov. These factors include (1) changes in national, regional, and local economies, due to global events such as international geopolitical conflicts, international trade disputes, a foreign debt crisis, foreign currency volatility, or due to domestic issues, such as government policies and regulations, tariffs, energy prices, market dynamics, general economic

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100 Park Avenue : New York, NY 10017 : 800.468.7526

contractions, ongoing levels of inflation and interest rates, unemployment, or limited growth in consumer income or spending; (2) local real estate market conditions, including an oversupply of space in, or a reduction in demand for, properties similar to those in our Portfolio (defined hereafter); (3) competition from other available properties and e-commerce; (4) disruption and/or consolidation in the retail sector, the financial stability of our tenants, and the overall financial condition of large retailing companies, including their ability to pay rent and/or expense reimbursements that are due to us; (5) in the case of percentage rents, the sales volumes of our tenants; (6) increases in property operating expenses, including common area expenses, utilities, insurance, and real estate taxes, which are relatively inflexible and generally do not decrease if revenue or occupancy decrease; (7) increases in the costs to repair, renovate, and re-lease space; (8) earthquakes, wildfires, tornadoes, hurricanes, damage from rising sea levels due to climate change, other natural disasters, epidemics and/or pandemics, civil unrest, terrorist acts, or acts of war, any of which may result in uninsured or underinsured losses; (9) changes in laws and governmental regulations, including those governing usage, zoning, the environment, privacy, data security, intellectual property rights, and taxes; and (10) cybersecurity incidents or other disruptions to information technology systems used by us, our tenants, or our vendors, which could compromise data or impair business operations. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our periodic filings. The forward-looking statements speak only as of the date of this press release, and we expressly disclaim any obligation or undertaking to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except to the extent otherwise required by law.

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CONSOLIDATED BALANCE SHEETS
Unaudited, dollars in thousands, except share information
As of As of
3/31/26 12/31/25
Assets
Real estate
$ 1,837,739 $ 1,849,779
9,313,530 9,296,849
55,108 92,129
538,888 548,740
11,745,265 11,787,497
(3,636,118) (3,588,646)
Real estate, net 8,109,147 8,198,851
Cash and cash equivalents 323,934 334,422
Restricted cash 100,633 27,108
Marketable securities 20,480 21,283
Receivables, net, including straight-line rent receivables of 244,075 and 237,837, respectively 302,774 315,128
Deferred charges and prepaid expenses, net 170,538 169,326
Real estate assets held for sale 5,290 4,551
Other assets 70,595 62,468
Total assets $ 9,103,391 $ 9,133,137
Liabilities
Debt obligations, net $ 5,496,071 $ 5,494,753
Accounts payable, accrued expenses and other liabilities 570,407 628,328
Total liabilities 6,066,478 6,123,081
Equity
Common stock, 0.01 par value; authorized 3,000,000,000 shares;
3,068 3,061
Additional paid-in capital 3,424,070 3,437,853
Accumulated other comprehensive income 9,409 1,722
Distributions in excess of net income (399,883) (432,822)
Total stockholders' equity 3,036,664 3,009,814
249 242
Total equity 3,036,913 3,010,056
Total liabilities and equity $ 9,103,391 $ 9,133,137

All values are in US Dollars.

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CONSOLIDATED STATEMENTS OF OPERATIONS
--- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended
3/31/26 3/31/25
Revenues
Rental income $ 354,337 $ 337,241
Other revenues 482 271
Total revenues 354,819 337,512
Operating expenses
Operating costs 41,914 39,211
Real estate taxes 45,403 44,893
Depreciation and amortization 105,202 105,597
General and administrative 28,192 28,173
Total operating expenses 220,711 217,874
Other income (expense)
Dividends and interest 3,205 1,706
Interest expense (59,392) (54,084)
Gain on sale of real estate assets 52,097 3,070
Other (2,261) (593)
Total other expense (6,351) (49,901)
Net income 127,757 69,737
Net income attributable to non-controlling interests (7) (8)
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Net income attributable to Brixmor Property Group Inc. per common share:
Basic $ 0.42 $ 0.23
Diluted $ 0.41 $ 0.23
Weighted average shares:
Basic 307,024 306,766
Diluted 307,679 307,252
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FUNDS FROM OPERATIONS (FFO)
--- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended
3/31/26 3/31/25
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Depreciation and amortization related to real estate 103,919 104,448
Gain on sale of real estate assets (52,097) (3,070)
Nareit FFO $ 179,572 $ 171,107
Nareit FFO per diluted share $ 0.58 $ 0.56
Weighted average diluted shares outstanding 307,679 307,252
Items that impact FFO comparability
Transaction expenses, net $ (49) $ (21)
Total items that impact FFO comparability $ (49) $ (21)
Items that impact FFO comparability, net per share $ (0.00) $ (0.00)
Additional Disclosures
Straight-line rental income, net $ 7,939 $ 7,481
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 4,109 2,515
Straight-line ground rent expense, net (1) (160) (134)
Dividends declared per share $ 0.3075 $ 0.2875
Dividends declared $ 94,352 $ 87,991
Dividend payout ratio (as % of Nareit FFO) 52.5 % 51.4 %
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
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SAME PROPERTY NOI ANALYSIS
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended
3/31/26 3/31/25 Change
Same Property NOI Analysis
Number of properties 338 338 —
Percent billed 91.3 % 90.0 % 1.3 %
Percent leased 95.0 % 94.3 % 0.7 %
Revenues
Base rent $ 237,855 $ 228,427
Expense reimbursements 79,138 75,837
Revenues deemed uncollectible (1,572) (2,372)
Ancillary and other rental income / Other revenues 8,335 5,592
Percentage rents 4,980 3,943
328,736 311,427 5.6 %
Operating expenses
Operating costs (39,614) (37,490)
Real estate taxes (43,648) (43,325)
(83,262) (80,815) 3.0 %
Same property NOI $ 245,474 $ 230,612 6.4 %
NOI margin 74.7 % 74.1 %
Expense recovery ratio 95.0 % 93.8 %
Percent Contribution to Same Property NOI Performance:
Change Percent Contribution
Base rent $ 9,428 4.1 %
Revenues deemed uncollectible 800 0.3 %
Net expense reimbursements 854 0.4 %
Ancillary and other rental income / Other revenues 2,743 1.2 %
Percentage rents 1,037 0.4 %
6.4 %
Reconciliation of Net income attributable to Brixmor Property Group Inc. to Same Property NOI
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Adjustments:
Non-same property NOI (8,510) (8,823)
Lease termination fees (1,630) (4,111)
Straight-line rental income, net (7,939) (7,481)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements (4,109) (2,515)
Straight-line ground rent expense, net 160 134
Depreciation and amortization 105,202 105,597
General and administrative 28,192 28,173
Total other expense 6,351 49,901
Net income attributable to non-controlling interests 7 8
Same property NOI $ 245,474 $ 230,612
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EBITDA & RECONCILIATION OF DEBT OBLIGATIONS, NET TO NET PRINCIPAL DEBT
--- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended
3/31/26 3/31/25
Net income $ 127,757 $ 69,737
Interest expense 59,392 54,084
Federal and state taxes 939 707
Depreciation and amortization 105,202 105,597
EBITDA 293,290 230,125
Gain on sale of real estate assets (52,097) (3,070)
EBITDAre $ 241,193 $ 227,055
EBITDAre $ 241,193 $ 227,055
Transaction expenses, net 49 21
Adjusted EBITDA $ 241,242 $ 227,076
Adjusted EBITDA $ 241,242 $ 227,076
Straight-line rental income, net (7,939) (7,481)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements (4,109) (2,515)
Straight-line ground rent expense, net (1) 160 134
Total adjustments (11,888) (9,862)
Cash Adjusted EBITDA $ 229,354 $ 217,214
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
Reconciliation of Debt Obligations, Net to Net Principal Debt
As of
3/31/26
Debt obligations, net $ 5,496,071
Less: Net unamortized premium (9,613)
Add: Deferred financing fees 31,995
Less: Cash, cash equivalents and restricted cash (424,567)
Net Principal Debt $ 5,093,886
Adjusted EBITDA, current quarter annualized $ 964,968
Net Principal Debt to Adjusted EBITDA, current quarter annualized 5.3x
Adjusted EBITDA, trailing twelve months $ 940,281
Net Principal Debt to Adjusted EBITDA, trailing twelve months 5.4x
x
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Document

Exhibit 99.2

cover1qa.jpg

> SUPPLEMENTAL DISCLOSURE
Three Months Ended March 31, 2026
TABLE OF CONTENTS
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Page
Glossary of Terms 1
Results Overview & Guidance 3
Financial Summary
Consolidated Balance Sheets 5
Consolidated Statements of Operations 6
EBITDA & Reconciliation of Debt Obligations, Net to Net Principal Debt 7
Funds From Operations (FFO) 8
Supplemental Balance Sheet Detail 9
NOI & Supplemental Statement of Operations Detail 10
Same Property NOI Analysis 11
Capital Expenditures 12
Capitalization, Liquidity & Debt Ratios 13
Debt Obligations 14
Covenant Disclosure 15
Investment Summary
Acquisitions 17
Dispositions 18
Anchor Space Repositioning Summary 19
Outparcel Development Summary 20
Redevelopment Summary 21
Future Redevelopment Opportunities 23
Portfolio Summary
Portfolio Overview 26
Portfolio Composition 27
Top Forty Retailers Ranked by ABR 28
New & Renewal Lease Summary 29
New Lease Net Effective Rent & Leases Signed But Not Yet Commenced 30
Lease Expiration Schedule 31
Major CBSA Detail 32
Properties by State 35
Property List 36
Note: Financial and operational information is unaudited.
For additional information, please visit https://www.brixmor.com; follow Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor, Facebook at https://www.facebook.com/Brixmor, Instagram at https://www.instagram.com/brixmorpropertygroup, and YouTube at https://www.youtube.com/user/Brixmor.
This Supplemental Disclosure may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company’s expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the sections entitled “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company’s other periodic filings with the SEC. The forward looking statements speak only as of the date of this release, and the Company expressly disclaims any obligation or undertaking to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except to the extent otherwise required by law.
Supplemental Disclosure - Three Months Ended March 31, 2026
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GLOSSARY OF TERMS ↩Table of<br><br>Contents
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Term Definition
Anchor Spaces Spaces equal to or greater than 10,000 square feet ("SF") of GLA.
Anchor Space Repositioning Anchor leasing that is primarily focused on reconfiguring or significantly remerchandising existing space with minimal work required outside of normal tenant improvement and landlord costs.
Annualized Base Rent ("ABR") Contractual monthly base rent as of a specified date, under leases that have been signed or commenced as of the specified date, multiplied by 12. Annualized base rent differs from how rent is calculated in accordance with GAAP for purposes of financial statements. See Straight-line Rent definition for additional information. For purposes of calculating ABR, all signed or commenced leases with an initial term of one year or greater are included and all signed leases on space that will be vacated by existing tenants in the near term are excluded.
ABR PSF ABR divided by leased GLA, excluding the GLA of lessee-owned leasehold improvements.
Billed GLA Aggregate GLA of all commenced leases with an initial term of one year or greater, as of a specified date.
Core-Based Statistical Areas ("CBSA") Defined by the United States Census Bureau as the collection of both Metropolitan and Micropolitan Statistical Areas. Metropolitan Statistical Areas are defined as a region associated with at least one urbanized area that has a population of at least 50,000 and comprises the central county or counties containing the core, plus adjacent outlying counties having a high degree of social and economic integration with the central county or counties as measured through commuting. Micropolitan Statistical Areas are defined as a region with at least one urbanized area that has a population of at least 10,000 but less than 50,000, plus adjacent territories that have a high degree of social and economic integration with the central county or counties as measured through commuting.<br>References to CBSA rank are based on population estimates from Synergos Technologies, Inc.
EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, & Net Principal Debt to Adjusted EBITDA, trailing twelve months Supplemental, non-GAAP performance measures. Please see below for more information on the limitations of non-GAAP performance measures.<br><br>A reconciliation of net income (calculated in accordance with GAAP) before non-controlling interests to each of these measures is provided on page 7.<br><br>EBITDA is calculated as the sum of net income (calculated in accordance with GAAP) before non-controlling interests excluding (i) interest expense, (ii) federal and state taxes, and (iii) depreciation and amortization. EBITDAre, which is computed in accordance with Nareit's definition, represents EBITDA excluding (i) gains and losses from the sale of certain real estate assets, (ii) gains and losses from change in control, (iii) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity. Adjusted EBITDA represents EBITDAre excluding (i) gain (loss) on extinguishment of debt, net and (ii) other items that the Company believes are not indicative of the Company's operating performance. Cash Adjusted EBITDA represents Adjusted EBITDA excluding (i) straight-line rental income, net, (ii) accretion of below-market leases, net of amortization of above-market leases and tenant inducements and (iii) straight-line ground rent expense, net. Net Principal Debt to Adjusted EBITDA, current quarter annualized and Net Principal Debt to Adjusted EBITDA, trailing twelve months are calculated as Net Principal Debt divided by quarterly annualized Adjusted EBITDA or trailing twelve month Adjusted EBITDA, respectively. EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, and Net Principal Debt to Adjusted EBITDA, trailing twelve months are calculated after adjustments for unconsolidated joint ventures to reflect each measure on the same basis.
Generally Accepted Accounting Principles ("GAAP") GAAP refers to a common set of United States of America accounting rules, standards, and procedures issued by the Financial Accounting Standards Board.
Gross Leasable Area ("GLA") Represents the total amount of leasable property square footage.
Leased GLA Aggregate GLA of all signed or commenced leases with an initial term of one year or greater, as of a specified date, excluding all signed leases on space that will be vacated by existing tenants in the near term.
Local Tenants Single-state operators with fewer than 20 locations.
Major Tenants Any grocer and all national / regional anchor tenants, excluding those that are ancillary in nature regardless of term.
Nareit National Association of Real Estate Investment Trusts.
Nareit Funds From Operations (“FFO") A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures. A reconciliation of net income (calculated in accordance with GAAP) to Nareit FFO is provided on page 8.<br><br>Nareit defines FFO as net income (calculated in accordance with GAAP) excluding (i) depreciation and amortization related to real estate, (ii) gains and losses from the sale of certain real estate assets, (iii) gains and losses from change in control, (iv) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity and (v) after adjustments for unconsolidated joint ventures calculated to reflect FFO on the same basis.
National / Regional Tenants Multi-state operators or single-state operators with 20 or more locations and state agencies and government offices. Includes franchise locations.
Net Effective Rent Before Tenant Specific Landlord Work Average ABR PSF over the lease term adjusted for tenant improvements and allowances (excluding base building costs) and third-party leasing commissions. For purposes of calculating net effective rent before tenant specific landlord work, ABR PSF includes the GLA of lessee-owned leasehold improvements.
Net Operating Income ("NOI") A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures.<br><br>A reconciliation of net income (calculated in accordance with GAAP) to NOI is provided on page 10.<br><br>Calculated as total property revenues (base rent, expense reimbursements, adjustments for revenues deemed uncollectible, ancillary and other rental income, percentage rents, and other revenues) less direct property operating expenses (operating costs and real estate taxes). NOI excludes (i) lease termination fees, (ii) straight-line rental income, net, (iii) accretion of below-market leases, net of amortization of above-market leases and tenant inducements, (iv) straight-line ground rent expense, net, (v) depreciation and amortization, (vi) impairment of real estate assets, (vii) general and administrative expense, and (viii) other income and expense (including interest expense and gain on sale of real estate assets).
Net Principal Debt Debt obligations, net, calculated in accordance with GAAP, excluding net unamortized premium or discount and deferred financing fees less cash, cash equivalents, and restricted cash. A reconciliation of debt obligations, net to Net Principal Debt is provided on page 7.
New Development Refers to ground up development of new shopping centers. Does not refer to outparcel development.
New Development & Reinvestment Stabilization New Development and Reinvestment projects are deemed stabilized upon reaching 90.0% billed occupancy of the impacted space. New Development projects are included in the operating portfolio upon the earlier of (i) reaching 90.0% billed occupancy of the impacted space or (ii) one year after the associated assets are placed in service.
NOI Yield Calculated as the projected incremental NOI as a percentage of the estimated incremental third-party costs of a specified project, net of any project specific credits (lease termination fees or other ancillary credits).
Non-controlling Interests Relate to the portion of Brixmor Property Group Inc. held by the non-controlling interest holders.
Non-owned Major Tenants Also known as shadow anchors. Refers to tenants that are situated on parcels that are owned by unrelated third parties, but, due to their location within or immediately adjacent to a shopping center, appear to the consumer as a retail tenant of the shopping center and, as a result, attract additional consumer traffic to the center.
Outparcel(s) Refers to a portion of a shopping center, separate from the main retail buildings and generally located on the outer edge of a property, which may currently, or in the future, contain one or several freestanding buildings.
Outparcel Development Construction of a new outparcel. May also refer to the demolition of an existing outparcel building to accommodate the construction of a new outparcel.
Percent Billed Billed GLA as a percentage of total GLA.
Percent Leased Leased GLA as a percentage of total GLA.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 1
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GLOSSARY OF TERMS ↩Table of<br><br>Contents
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Term Definition
PSF Per square foot of GLA.
Redevelopment Larger scale projects that typically involve new construction, reconfiguration, significant remerchandising, and upgrades or demolition of a portion of the shopping center to accommodate new retailers.
Reinvestment Projects Represents anchor space repositioning, outparcel development, and/or redevelopment projects.
Rent Spread Represents the percentage change in contractual ABR PSF in the first year of the new lease relative to contractual ABR PSF in the last year of the old lease. Rent spreads are presented only for leases deemed comparable. For purposes of calculating rent spreads, ABR PSF includes the GLA of lessee-owned leasehold improvements.
New Rent Spread Includes new leases signed on units that were occupied within the prior 12 months. New leases signed on units that have been vacant for longer than 12 months, new leases signed on first generation space, and new leases that are ancillary in nature regardless of term are deemed non-comparable and excluded from New Rent Spreads.
Renewal Rent Spread Includes renewal leases signed with the same tenant in all or a portion of the same location or that include the expansion into space that was occupied within the prior 12 months. Renewals that include the expansion of an existing tenant into space that has been vacant for longer than 12 months and renewals that are ancillary in nature regardless of term are deemed non-comparable and excluded from Renewal Rent Spreads.
Option Rent Spread Includes contractual renewal options exercised by tenants in the same location to extend the term of an expiring lease.
Total Rent Spread Combined spreads for new, renewal, and option leases.
Same Property NOI A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures. A reconciliation of net income (calculated in accordance with GAAP) to Same Property NOI is provided on page 11.<br><br>Represents NOI of properties owned for the entirety of both periods and excluding properties under development and completed New Development properties that have been stabilized for less than one year. Same Property NOI excludes income or expense associated with the Company's captive insurance company.
Number of Properties in Same Property NOI Analysis: Three Months<br>Ended 3/31/26 Twelve Months<br>Ended 12/31/25
Total properties in Brixmor Property Group portfolio 344 348
Acquired properties excluded from Same Property NOI (3) (10)
Additional exclusions (1) (3) (6)
Same Property NOI pool (2) 338 332
(1) Additional exclusions for the three months ended March 31, 2026 and 2025 include three properties that were subject to partial dispositions in 2025.
(2) The Same Property NOI pool includes the balance of a shopping center when an outparcel has been acquired or if a partial disposition can be disaggregated from the remaining property. Two outparcels acquired in 2025 are excluded from the Same Property NOI pool for the three months ended March 31, 2026 and 2025.
Small Shop Spaces Spaces less than 10,000 SF of GLA.
Secured Overnight Financing Rate ("SOFR") SOFR is a benchmark interest rate for dollar-denominated derivatives and loans that replaced the London Interbank Offered Rate ("LIBOR").
Straight-line Rent Non-cash revenue recognized related to the GAAP requirement to average a tenant's contractual base rent over the life of the lease. The Company commences recognizing rental revenue based on the date it makes the underlying asset available for use by the tenant. The cumulative difference between rental revenue recognized and contractual payment terms is recognized as deferred rent and included in Receivables, net on the Consolidated Balance Sheets. The Company periodically evaluates the collectability of its receivables related to straight-line rent. Any receivables that are deemed to be uncollectible are recognized as a reduction to straight-line rental income, net.
Year Built Year of most recent redevelopment or year built if no redevelopment has occurred.
Non-GAAP Performance Measures
The Company presents the non-GAAP performance measures set forth below. These measures should not be considered as alternatives to, or more meaningful than, net income (calculated in accordance with GAAP) or other GAAP financial measures, as an indicator of financial performance and are not alternatives to, or more meaningful than, cash flow from operating activities (calculated in accordance with GAAP) as a measure of liquidity. Non-GAAP performance measures have limitations as they do not include all items of income and expense that affect operations, and accordingly, should always be considered as supplemental financial results to those calculated in accordance with GAAP. The Company’s computation of these non-GAAP performance measures may differ in certain respects from the methodology utilized by other REITs and, therefore, may not be comparable to similarly titled measures presented by such other REITs. Investors are cautioned that items excluded from these non-GAAP performance measures are relevant to understanding and addressing financial performance.
The Company believes that the non-GAAP performance measures it presents are useful to investors for the following reasons:
• EBITDA, EBITDAre, Adjusted <br>       EBITDA, Cash Adjusted EBITDA, <br>       Net Principal Debt to <br>       Adjusted EBITDA, current <br>       quarter annualized, & Net <br>       Principal Debt to Adjusted<br>       EBITDA, trailing twelve months Considering the nature of its business as a real estate owner and operator, the Company believes that EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, and Net Principal Debt to Adjusted EBITDA, trailing twelve months, are useful to investors in measuring its operating performance because they exclude items included in net income (calculated in accordance with GAAP) before non-controlling interests that do not relate to or are not indicative of the operating performance of the Company’s real estate. The Company believes EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, and Net Principal Debt to Adjusted EBITDA, trailing twelve months are widely known and understood measures of performance, independent of a company's capital structure and items which can make periodic and peer analyses of performance more difficult, and that these metrics can provide investors with a more consistent basis by which to compare the Company with its peers.
• Nareit FFO Considering the nature of its business as a real estate owner and operator, the Company believes that Nareit FFO is useful to investors in measuring its operating and financial performance because the definition excludes items included in net income (calculated in accordance with GAAP) that do not relate to or are not indicative of the Company’s operating and financial performance, such as depreciation and amortization related to real estate, and items which can make periodic and peer analyses of operating and financial performance more difficult, such as gains and losses from the sale of certain real estate assets and impairment write-downs of certain real estate assets.
• NOI and Same Property NOI Considering the nature of its business as a real estate owner and operator, the Company believes that NOI is useful to investors in measuring the operating performance of its portfolio because the definition excludes various items included in net income (calculated in accordance with GAAP) that do not relate to, or are not indicative of, the operating performance of the Company’s properties, such as lease termination fees, straight-line rental income, net, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, straight-line ground rent expense, net, income or expense associated with the Company's captive insurance company, depreciation and amortization, impairment of real estate assets, general and administrative expense, and other income and expense (including interest expense and gain on sale of real estate assets). The Company believes that Same Property NOI is also useful to investors because it further eliminates disparities in NOI by only including NOI of properties owned for the entirety of both periods presented and excluding properties under development and completed New Development properties that have been stabilized for less than one year and therefore provides a more consistent metric for comparing the operating performance of the Company's real estate between periods. Supplemental Disclosure - Three Months Ended March 31, 2026 Page 2
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RESULTS OVERVIEW & GUIDANCE ↩ Table of Contents
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Unaudited, dollars in thousands, except per share and per square foot amounts
Three Months Ended Six Months Ended
Summary Financial Results 3/31/26 3/31/25 3/31/26 3/31/25
Total revenues (page 6) 354,819 337,512 354,819 337,512
Net income attributable to Brixmor Property Group Inc. (page 6) 127,750 69,729 127,750 69,729
Net income attributable to Brixmor Property Group Inc. per diluted share (page 6) 0.41 0.23 0.41 0.23
NOI (page 10) 253,984 239,435 253,984 239,435
EBITDA (page 7) 293,290 230,125 293,290 230,125
EBITDAre (page 7) 241,193 227,055 241,193 227,055
Adjusted EBITDA (page 7) 241,242 227,076 241,242 227,076
Cash Adjusted EBITDA (page 7) 229,354 217,214 229,354 217,214
Nareit FFO (page 8) 179,572 171,107 179,572 171,107
Nareit FFO per diluted share (page 8) 0.58 0.56 0.58 0.56
Items that impact FFO comparability, net per share (page 8) (0.00) (0.00) (0.00) (0.00)
Dividends declared per share (page 8) 0.3075 0.2875 0.3075 0.2875
Dividend payout ratio (as % of Nareit FFO) (page 8) 52.5 % 51.4 % 52.5 % 51.4 %
Three Months Ended
Summary Operating and Financial Ratios 3/31/26 12/31/25 9/30/25 6/30/25 3/31/25
NOI margin (page 10) 74.5 % 73.6 % 74.1 % 74.3 % 74.0 %
Same property NOI performance (page 11) (1) 6.4 % 6.0 % 4.0 % 3.8 % 2.8 %
Fixed charge coverage, current quarter annualized (page 13) 4.1x 4.0x 4.1x 4.2x 4.2x
Fixed charge coverage, trailing twelve months (page 13) 4.1x 4.1x 4.1x 4.1x 4.0x
Net Principal Debt to Adjusted EBITDA, current quarter annualized (page 7) (2) 5.3x 5.4x 5.6x 5.5x 5.5x
Net Principal Debt to Adjusted EBITDA, trailing twelve months (page 7) (2) 5.4x 5.6x 5.7x 5.6x 5.7x
Outstanding Classes of Stock As of 3/31/26 As of 12/31/25 As of 9/30/25 As of 6/30/25 As of 3/31/25
Common shares outstanding (page 13) 306,837 306,105 306,100 306,100 306,060
Three Months Ended
Summary Acquisitions and Dispositions 3/31/26 12/31/25 9/30/25 6/30/25 3/31/25
Aggregate purchase price of acquisitions (page 17)
Aggregate sale price of dispositions (page 18) 107,925 170,191 81,197 22,350 22,750
NOI adjustment for acquisitions and dispositions, net (3) (1,336)
Summary Portfolio Statistics (4) As of 3/31/26 As of 12/31/25 As of 9/30/25 As of 6/30/25 As of 3/31/25
Number of properties (page 26) 344 348 354 360 361
Percent billed (page 26) 91.4 % 91.6 % 90.2 % 89.7 % 90.0 %
Percent leased (page 26) 95.1 % 95.1 % 94.1 % 94.2 % 94.1 %
ABR PSF (page 26) 19.05 18.77 18.48 18.07 17.94
New lease rent spread (page 29) 41.8 % 34.7 % 30.5 % 43.8 % 47.5 %
New & renewal lease rent spread (page 29) 27.0 % 24.2 % 17.8 % 24.2 % 20.5 %
Total - new, renewal & option lease rent spread (page 29) 19.0 % 18.6 % 12.8 % 19.4 % 15.0 %
Total - new, renewal & option GLA (page 29) 1,994,943 2,179,975 2,638,011 2,465,322 2,247,394
2026 Guidance Current Previous(at 2/9/26) YTD
Nareit FFO per diluted share 2.34 - 2.37 2.33 - 2.37 0.58
Same property NOI performance 4.75% - 5.50% 4.50% - 5.50% 6.4%
(1) Reflects same property NOI as reported for the specified period.
(2) Net Principal Debt is as of the end of each specified period.
(3) Represents an estimate of the incremental NOI that the Company would have recognized if the assets that were acquired during the quarter had been owned for the full quarter, adjusted for one-time items, net of NOI recognized during the quarter for the assets that were disposed of during the quarter.
(4) Reflects portfolio statistics as reported for the specified period.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 3
> FINANCIAL SUMMARY
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Supplemental Disclosure
Three Months Ended March 31, 2026
CONSOLIDATED BALANCE SHEETS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except share information
As of As of
3/31/26 12/31/25
Assets
Real estate
$ 1,837,739 $ 1,849,779
9,313,530 9,296,849
55,108 92,129
538,888 548,740
11,745,265 11,787,497
(3,636,118) (3,588,646)
Real estate, net 8,109,147 8,198,851
Cash and cash equivalents 323,934 334,422
Restricted cash 100,633 27,108
Marketable securities 20,480 21,283
Receivables, net, including straight-line rent receivables of 244,075 and 237,837, respectively 302,774 315,128
Deferred charges and prepaid expenses, net 170,538 169,326
Real estate assets held for sale 5,290 4,551
Other assets 70,595 62,468
Total assets $ 9,103,391 $ 9,133,137
Liabilities
Debt obligations, net $ 5,496,071 $ 5,494,753
Accounts payable, accrued expenses and other liabilities 570,407 628,328
Total liabilities 6,066,478 6,123,081
Equity
Common stock, 0.01 par value; authorized 3,000,000,000 shares;
3,068 3,061
Additional paid-in capital 3,424,070 3,437,853
Accumulated other comprehensive income 9,409 1,722
Distributions in excess of net income (399,883) (432,822)
Total stockholders' equity 3,036,664 3,009,814
249 242
Total equity 3,036,913 3,010,056
Total liabilities and equity $ 9,103,391 $ 9,133,137

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 5
CONSOLIDATED STATEMENTS OF OPERATIONS ↩Table of<br><br>Contents
--- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended
3/31/26 3/31/25
Revenues
Rental income $ 354,337 $ 337,241
Other revenues 482 271
Total revenues 354,819 337,512
Operating expenses
Operating costs 41,914 39,211
Real estate taxes 45,403 44,893
Depreciation and amortization 105,202 105,597
General and administrative 28,192 28,173
Total operating expenses 220,711 217,874
Other income (expense)
Dividends and interest 3,205 1,706
Interest expense (59,392) (54,084)
Gain on sale of real estate assets 52,097 3,070
Other (2,261) (593)
Total other expense (6,351) (49,901)
Net income 127,757 69,737
Net income attributable to non-controlling interests (7) (8)
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Net income attributable to Brixmor Property Group Inc. per common share:
Basic $ 0.42 $ 0.23
Diluted $ 0.41 $ 0.23
Weighted average shares:
Basic 307,024 306,766
Diluted 307,679 307,252
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 6
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EBITDA & RECONCILIATION OF DEBT OBLIGATIONS, NET TO NET PRINCIPAL DEBT ↩Table of<br><br>Contents
--- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended
3/31/26 3/31/25
Net income $ 127,757 $ 69,737
Interest expense 59,392 54,084
Federal and state taxes 939 707
Depreciation and amortization 105,202 105,597
EBITDA 293,290 230,125
Gain on sale of real estate assets (52,097) (3,070)
EBITDAre $ 241,193 $ 227,055
EBITDAre $ 241,193 $ 227,055
Transaction expenses, net 49 21
Adjusted EBITDA $ 241,242 $ 227,076
Adjusted EBITDA $ 241,242 $ 227,076
Straight-line rental income, net (7,939) (7,481)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements (4,109) (2,515)
Straight-line ground rent expense, net (1) 160 134
Total adjustments (11,888) (9,862)
Cash Adjusted EBITDA $ 229,354 $ 217,214
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
Reconciliation of Debt Obligations, Net to Net Principal Debt
As of
3/31/26
Debt obligations, net $ 5,496,071
Less: Net unamortized premium (9,613)
Add: Deferred financing fees 31,995
Less: Cash, cash equivalents and restricted cash (424,567)
Net Principal Debt $ 5,093,886
Adjusted EBITDA, current quarter annualized $ 964,968
Net Principal Debt to Adjusted EBITDA, current quarter annualized 5.3x
Adjusted EBITDA, trailing twelve months $ 940,281
Net Principal Debt to Adjusted EBITDA, trailing twelve months 5.4x
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 7
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FUNDS FROM OPERATIONS (FFO) ↩Table of<br><br>Contents
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Unaudited, dollars in thousands, except per share amounts
Three Months Ended
3/31/26 3/31/25
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Depreciation and amortization related to real estate 103,919 104,448
Gain on sale of real estate assets (52,097) (3,070)
Nareit FFO $ 179,572 $ 171,107
Nareit FFO per diluted share $ 0.58 $ 0.56
Weighted average diluted shares outstanding 307,679 307,252
Items that impact FFO comparability
Transaction expenses, net $ (49) $ (21)
Total items that impact FFO comparability $ (49) $ (21)
Items that impact FFO comparability, net per share $ (0.00) $ (0.00)
Additional Disclosures
Straight-line rental income, net $ 7,939 $ 7,481
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 4,109 2,515
Straight-line ground rent expense, net (1) (160) (134)
Dividends declared per share $ 0.3075 $ 0.2875
Dividends declared $ 94,352 $ 87,991
Dividend payout ratio (as % of Nareit FFO) 52.5 % 51.4 %
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 8
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SUPPLEMENTAL BALANCE SHEET DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
As of As of
3/31/26 12/31/25
Deferred charges and prepaid expenses, net
Deferred charges, net $ 146,189 $ 144,555
Prepaid expenses, net 24,349 24,771
Total deferred charges and prepaid expenses, net $ 170,538 $ 169,326
Other assets
Right-of-use asset $ 45,274 $ 44,114
Furniture, fixtures and leasehold improvements, net 15,700 14,618
Interest rate derivatives 5,208 —
Other 4,413 3,736
Total other assets $ 70,595 $ 62,468
Accounts payable, accrued expenses and other liabilities
Accounts payable and other accrued expenses $ 228,954 $ 277,615
Below market leases, net 139,777 144,760
Dividends payable 95,930 97,993
Lease liability 48,688 47,351
Interest rate derivatives 1,783 4,553
Other 55,275 56,056
Total accounts payable, accrued expenses and other liabilities $ 570,407 $ 628,328
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 9
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NOI & SUPPLEMENTAL STATEMENT OF OPERATIONS DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended
3/31/26 3/31/25
Net Operating Income Detail
Base rent $ 246,618 $ 237,392
Expense reimbursements 82,765 78,711
Revenues deemed uncollectible (1,845) (2,628)
Ancillary and other rental income / Other revenues 8,534 5,952
Percentage rents 5,069 3,978
Operating costs (41,754) (39,077)
Real estate taxes (45,403) (44,893)
Net operating income $ 253,984 $ 239,435
Operating Ratios
NOI margin (NOI / revenues) 74.5 % 74.0 %
Expense recovery ratio (expense reimbursements / (operating costs + real estate taxes)) 95.0 % 93.7 %
Reconciliation of Net Income attributable to Brixmor Property Group Inc. to Net Operating Income
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Lease termination fees (1,630) (4,111)
Straight-line rental income, net (7,939) (7,481)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements (4,109) (2,515)
Straight-line ground rent expense, net (1) 160 134
Depreciation and amortization 105,202 105,597
General and administrative 28,192 28,173
Total other expense 6,351 49,901
Net income attributable to non-controlling interests 7 8
Net operating income $ 253,984 $ 239,435
Supplemental Statement of Operations Detail
Rental income
Base rent $ 246,618 $ 237,392
Expense reimbursements 82,765 78,711
Revenues deemed uncollectible (1,845) (2,628)
Lease termination fees 1,630 4,111
Straight-line rental income, net 7,939 7,481
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 4,109 2,515
Ancillary and other rental income 8,052 5,681
Percentage rents 5,069 3,978
Total rental income $ 354,337 $ 337,241
Other revenues $ 482 $ 271
Interest expense
Note interest $ 52,472 $ 46,010
Unsecured credit facility and term loan interest 6,425 8,267
Capitalized interest (823) (1,264)
Deferred financing cost amortization 1,982 1,766
Debt premium and discount accretion, net (664) (695)
Total interest expense $ 59,392 $ 54,084
Other
Federal and state taxes $ 939 $ 707
Other 1,322 (114)
Total other $ 2,261 $ 593
Additional Disclosures
Capitalized construction compensation costs $ 4,042 $ 4,511
Capitalized real estate taxes, insurance, and utilities 1,192 726
Capitalized leasing legal costs (2) 402 331
Capitalized leasing commission costs 2,162 1,816
Equity compensation expense, net 2,385 4,113
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
(2) Capitalized leasing legal costs represent incremental direct costs associated with the execution of a lease. Supplemental Disclosure - Three Months Ended March 31, 2026 Page 10
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SAME PROPERTY NOI ANALYSIS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended
3/31/26 3/31/25 Change
Same Property NOI Analysis
Number of properties 338 338 —
Percent billed 91.3 % 90.0 % 1.3 %
Percent leased 95.0 % 94.3 % 0.7 %
Revenues
Base rent $ 237,855 $ 228,427
Expense reimbursements 79,138 75,837
Revenues deemed uncollectible (1,572) (2,372)
Ancillary and other rental income / Other revenues 8,335 5,592
Percentage rents 4,980 3,943
328,736 311,427 5.6 %
Operating expenses
Operating costs (39,614) (37,490)
Real estate taxes (43,648) (43,325)
(83,262) (80,815) 3.0 %
Same property NOI $ 245,474 $ 230,612 6.4 %
NOI margin 74.7 % 74.1 %
Expense recovery ratio 95.0 % 93.8 %
Percent Contribution to Same Property NOI Performance:
Change Percent Contribution
Base rent $ 9,428 4.1 %
Revenues deemed uncollectible 800 0.3 %
Net expense reimbursements 854 0.4 %
Ancillary and other rental income / Other revenues 2,743 1.2 %
Percentage rents 1,037 0.4 %
6.4 %
Reconciliation of Net income attributable to Brixmor Property Group Inc. to Same Property NOI
Net income attributable to Brixmor Property Group Inc. $ 127,750 $ 69,729
Adjustments:
Non-same property NOI (8,510) (8,823)
Lease termination fees (1,630) (4,111)
Straight-line rental income, net (7,939) (7,481)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements (4,109) (2,515)
Straight-line ground rent expense, net 160 134
Depreciation and amortization 105,202 105,597
General and administrative 28,192 28,173
Total other expense 6,351 49,901
Net income attributable to non-controlling interests 7 8
Same property NOI $ 245,474 $ 230,612
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 11
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CAPITAL EXPENDITURES ↩Table of<br><br>Contents
--- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended
3/31/26 3/31/25
Leasing related:
Tenant improvements and tenant inducements $ 23,716 $ 20,274
External leasing commissions 3,304 2,889
27,020 23,163
Maintenance capital expenditures 5,759 2,554
Total leasing related and maintenance capital expenditures $ 32,779 $ 25,717
Value-enhancing:
Anchor space repositionings $ 5,153 $ 14,758
Outparcel developments 2,719 3,583
Redevelopments 16,314 29,805
Other (1) 3,992 2,898
Total value-enhancing capital expenditures $ 28,178 $ 51,044
(1) Includes, but is not limited to, minor value-enhancing projects, LED lighting upgrades, and solar projects.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 12
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CAPITALIZATION, LIQUIDITY & DEBT RATIOS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars and shares in thousands except per share amounts
As of As of
3/31/26 12/31/25
Common shares outstanding (1) 306,837 306,105
Common share price $ 28.80 $ 26.22
$ 8,836,906 $ 8,026,073
Revolving credit facility $ — $ —
Term loan facility 500,000 500,000
Unsecured notes 5,018,453 5,018,453
5,518,453 5,518,453
9,613 10,277
(31,995) (33,977)
5,496,071 5,494,753
(424,567) (361,530)
$ 5,071,504 $ 5,133,223
$ 13,908,410 $ 13,159,296
Cash, cash equivalents and restricted cash $ 424,567 $ 361,530
Available under Revolving Credit Facility (2) 1,248,597 1,248,597
Available under unsettled ATM forward equity contracts (3) 115,136 —
$ 1,788,300 $ 1,610,127
Principal debt to total market capitalization 39.7 % 41.9 %
Principal debt to total assets, before depreciation 43.3 % 43.4 %
Unencumbered assets to unsecured debt 2.3x 2.3x
Net Principal Debt to Adjusted EBITDA, current quarter annualized (4) 5.3x 5.4x
Net Principal Debt to Adjusted EBITDA, trailing twelve months (4) 5.4x 5.6x
Interest coverage, current quarter annualized (Adjusted EBITDA / interest expense) 4.1x 4.0x
Interest coverage, trailing twelve months (Adjusted EBITDA / interest expense) 4.1x 4.1x
Fixed charge coverage, current quarter annualized (Adjusted EBITDA / (interest expense + scheduled principal payments)) 4.1x 4.0x
Fixed charge coverage, trailing twelve months (Adjusted EBITDA / (interest expense + scheduled principal payments)) 4.1x 4.1x
As of As of
3/31/26 12/31/25
Percentage of total debt: (5)
Fixed 100.0 % 100.0 %
Variable — % — %
Unencumbered summary:
Percent of properties, ABR and NOI 100.0 % 100.0 %
Weighted average maturity (years):
Fixed 4.3 4.5
Variable — —
Total 4.3 4.5
Fitch Ratings BBB Stable
Moody's Investors Service Baa2 Stable
S&P Global Ratings BBB Stable
(1) Does not include the unsettled common shares sold under unsettled ATM forward equity contracts.
(2) Funds available under the Revolving Credit Facility are reduced by outstanding letters of credit totaling 1.4 million.
(3) As of March 31, 2026, the Company had unsettled ATM forward equity contracts to issue 3.9 million shares of common stock.
(4) Net Principal Debt is as of the end of each specified period.
(5) Includes the impact of the Company's interest rate swap agreements.
(6) As of April 27, 2026.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 13
DEBT OBLIGATIONS ↩Table of<br><br>Contents
--- --- --- --- --- --- ---
Unaudited, dollars in thousands
Maturity Schedule - Debt Obligations
Year Maturities Weighted Average Stated Interest Rate (1)
2026 $ 607,542 4.17 %
2027 400,000 3.90 %
2028 357,708 2.35 %
2029 753,203 4.14 %
2030 1,300,000 4.31 %
2031 500,000 2.50 %
2032 400,000 5.20 %
2033 400,000 4.85 %
2034 400,000 5.50 %
2035 400,000 5.75 %
2036+ — — %
Total Debt Obligations $ 5,518,453 4.25 %
Net unamortized premium 9,613
Deferred financing costs (31,995)
Debt Obligations, Net $ 5,496,071
Summary of Outstanding Debt Obligations
--- --- --- --- --- --- --- --- ---
Outstanding Weighted Average Maturity Percent of
Principal Balance Stated Interest Rate (1) Date Total Indebtedness
Term Loan Facility (SOFR + 85 basis points) (2)(3)(4) $ 500,000 4.73 % 4/30/30 9.06 %
Unsecured Notes
4.13% 2026 Brixmor OP Notes 600,000 4.13 % 6/15/26 10.87 %
7.97% 2026 Brixmor LLC Notes 694 7.97 % 8/14/26 0.01 %
7.65% 2026 Brixmor LLC Notes 6,100 7.65 % 11/2/26 0.11 %
7.68% 2026 Brixmor LLC Notes I 748 7.68 % 11/2/26 0.01 %
3.90% 2027 Brixmor OP Notes 400,000 3.90 % 3/15/27 7.25 %
6.90% 2028 Brixmor LLC Notes I 2,222 6.90 % 2/15/28 0.04 %
6.90% 2028 Brixmor LLC Notes II 5,486 6.90 % 2/15/28 0.10 %
2.25% 2028 Brixmor OP Notes 350,000 2.25 % 4/1/28 6.34 %
4.13% 2029 Brixmor OP Notes 750,000 4.13 % 5/15/29 13.59 %
7.50% 2029 Brixmor LLC Notes 3,203 7.50 % 7/30/29 0.06 %
4.05% 2030 Brixmor OP Notes 800,000 4.05 % 7/1/30 14.50 %
2.50% 2031 Brixmor OP Notes 500,000 2.50 % 8/16/31 9.06 %
5.20% 2032 Brixmor OP Notes 400,000 5.20 % 4/1/32 7.25 %
4.85% 2033 Brixmor OP Notes 400,000 4.85 % 2/15/33 7.25 %
5.50%, 2034 Brixmor OP Notes 400,000 5.50 % 2/15/34 7.25 %
5.75%, 2035 Brixmor OP Notes 400,000 5.75 % 2/15/35 7.25 %
Total Fixed Rate Unsecured Notes 5,018,453 4.20 % 90.94 %
Total Fixed Rate Debt $ 5,518,453 4.25 % 100.00 %
Revolving Credit Facility (SOFR + 77.5 basis points) (4) $ — 4.46 % 4/30/29 — %
Total Variable Rate Debt $ — 4.46 % — %
Total Debt Obligations $ 5,518,453 4.25 % 100.00 %
Net unamortized premium 9,613
Deferred financing costs (31,995)
Debt Obligations, Net $ 5,496,071
(1) Weighted average stated interest rate includes the impact of the Company's interest rate swap agreements.
(2) Effective July 26, 2024, 300.0 million of the Term Loan Facility is swapped from SOFR to a fixed, combined rate of 4.08% (plus a spread, currently 85 basis points) through July 26, 2027.
(3) Effective May 1, 2023, 200.0 million of the Term Loan Facility is swapped from SOFR to a fixed, combined rate of 3.59% (plus a spread, currently 85 basis points) through July 26, 2027.
(4) As of March 31, 2026, the Revolving Credit Facility and Term Loan Facility qualify for reductions of 7.5 basis points and 10 basis points, respectively, in the applicable credit spreads due to the achievement of a certain leverage ratio metric targets.
In February 2026, the Company entered into two interest rate lock agreements with an aggregate notional amount of 200.0 million and a fixed, combined rate of 3.99%, to hedge against changes in future cash flows resulting from changes in interest rates from the trade date through the forecasted issuance date of long-term debt.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 14
COVENANT DISCLOSURE ↩Table of<br><br>Contents
--- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Unsecured OP Notes Covenant Disclosure
Covenants 3/31/26
I. Aggregate debt test < 65% 44.4 %
Total Debt 5,496,071
Total Assets 12,391,461
II. Secured debt test (1) < 40% N/A
Total Secured Debt (1) —
Total Assets 12,391,461
III. Unencumbered asset ratio > 150% 225.5 %
Total Unencumbered Assets 12,391,461
Unsecured Debt 5,496,071
Prior Twelve Months Prior Six Months, Annualized
IV. Debt service test (2) > 1.5x 4.0x 4.1x
Consolidated EBITDA 940,281 962,576
Annual Debt Service Charge 236,551 236,837
(1) The Company had no secured debt as of March 31, 2026.
(2) For the OP's 2.250% 2028 Notes, 4.050% 2030 Notes, 2.500% 2031 Notes, 5.200% 2032 Notes, 4.850% 2033 Notes, 5.500% 2034 Notes, and 5.750% 2035 Notes, the covenant calculation reference period for calculating EBITDA and Debt Service Charge is the most recent twelve months for which it reported financial results. For all other OP Notes, the reference period is the most recent six months for which it reported financial results, annualized.
For detailed descriptions of the unsecured OP notes covenant calculations and definitions of capitalized terms please refer to the Prospectus Supplement filed by the OP with the Securities and Exchange Commission on September 9, 2025 and the notes and indenture incorporated therein by reference.
Unsecured Credit Facility Covenant Disclosure
Covenants 3/31/26
I. Leverage ratio < 60% 31.7 %
Total Outstanding Indebtedness 5,518,453
Balance Sheet Cash (1) 426,586
Total Asset Value 16,041,768
II. Secured leverage ratio (2) < 40% N/A
Total Secured Indebtedness (2) —
Balance Sheet Cash (1) 426,586
Total Asset Value 16,041,768
III. Unsecured leverage ratio < 60% 32.4 %
Total Unsecured Indebtedness 5,518,453
Unrestricted Cash (3) 325,953
Unencumbered Asset Value 16,041,768
IV. Fixed charge coverage ratio > 1.5x 4.2x
Total Net Operating Income 1,002,588
Capital Expenditure Reserve 9,308
Fixed Charges 236,153
(1) Balance Sheet Cash consists of the OP's Cash and cash equivalents, Restricted cash, and certain Marketable securities.
(2) The Company had no secured indebtedness as of March 31, 2026.
(3) Unrestricted Cash consists of the OP's Cash and cash equivalents and certain Marketable securities.
For detailed descriptions of the Unsecured Credit Facility covenant calculations and definitions of capitalized terms please refer to the Fourth Amended and Restated Revolving Credit and Second Amended and Restated Term Loan Agreements, dated as of April 24, 2025 filed as Exhibits 10.1 and 10.2, respectively, to Form 10-Q, filed with the Securities and Exchange Commission on April 28, 2025.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 15
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> INVESTMENT SUMMARY
--- ---
Supplemental Disclosure
Three Months Ended March 31, 2026
ACQUISITIONS ↩Table of<br><br>Contents
--- --- ---
Dollars in thousands, except ABR PSF
There were no acquisitions completed during the three months ended March 31, 2026.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 17
--- ---
DISPOSITIONS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except ABR PSF
Property Name CBSA Sale Date Sale Price GLA / <br>Acres (1) Percent Leased (1) ABR<br>PSF (1)(2) Major Tenants (1)(3)
Three Months Ended March 31, 2026
Park Hills Plaza Altoona, PA 1/26/26 $ 5,175 9,894 100.0 % $ 39.52 -
Spencer Square Houston-Pasadena-The Woodlands, TX 1/29/26 30,750 181,888 95.1 % 12.26 Kroger, bealls, Octapharma, Petco, Retro Fitness
Southland Shopping Center Cleveland, OH 3/16/26 57,500 421,977 81.2 % 14.67 Giant Eagle, Marc's, Crunch Fitness, Dollar Tree, Five Below, Marshalls, OfficeMax, Petco
Broadway Houston-Pasadena-The Woodlands, TX 3/19/26 14,500 74,988 100.0 % 14.55 El Ahorro Supermarket, Blink Fitness (Equinox), Melrose Fashions
$ 107,925 688,747
TOTAL - THREE MONTHS ENDED MARCH 31, 2026 $ 107,925 688,747
(1) Data presented is as of the quarter end prior to the sale date.
(2) ABR PSF excludes the GLA of lessee-owned leasehold improvements.
(3) Major tenants exclude non-owned major tenants. Supplemental Disclosure - Three Months Ended March 31, 2026 Page 18
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ANCHOR SPACE REPOSITIONING SUMMARY ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands
Property Name CBSA Description
IN PROCESS ANCHOR SPACE REPOSITIONINGS
New Projects Added To In Process Pipeline During The Three Months Ended March 31, 2026
1 The Plaza at Buckland Hills Hartford-West Hartford-East Hartford, CT Remerchandise former JOANN and Party City with a 25K SF Nordstrom Rack and an additional retailer
2 Colonial Marketplace Orlando-Kissimmee-Sanford, FL Remerchandise former Burlington Stores with a 23K SF Sierra Trading Post and additional retailers
3 Westridge Court / Block 59 Chicago-Naperville-Elgin, IL-IN Reconfigure and remerchandise former Bed Bath & Beyond with a 26K SF Wayfair Outlet (expanding from existing adjacent location) and a 16K SF L.L.Bean
In Process Projects
4 Carmen Plaza Oxnard-Thousand Oaks-Ventura, CA Remerchandise former 24 Hour Fitness with a 37K SF specialty grocer
5 Arapahoe Crossings - Project II Denver-Aurora-Centennial, CO Remerchandise former Kohl's with a 54K SF Hobby Lobby and additional retailers
6 Colonial Commons - Orange New Haven, CT Remerchandise former Christmas Tree Shops with a 53K SF Big Y grocer
7 Northgate Shopping Center Deltona-Daytona Beach-Ormond Beach, FL Remerchandise former Big Lots with a 27K SF Marshalls and additional retailers
8 Regency Park Shopping Center Jacksonville, FL Remerchandise former Party City with an 11K SF NetCost Market grocer
9 Vineyards at Chateau Elan Atlanta-Sandy Springs-Roswell, GA Remerchandise former Publix with a 23K SF Sprouts Farmers Market and a 22K SF Ross Dress for Less
10 Sun Ray Shopping Center - Project II Minneapolis-St. Paul-Bloomington, MN-WI Remerchandise former TJ Maxx and adjacent small shop space with a 19K SF Burlington Stores and additional retailers
11 Capitol Shopping Center Concord, NH Rightsize existing Burlington Stores to 23K SF to accommodate the addition of a 13K SF Boot Barn, a 10K SF Five Below, and a 9K SF Ulta
12 Old Bridge Gateway New York-Newark-Jersey City, NY-NJ Remerchandise former Robert Wood Johnson Fitness with a 22K SF Ross Dress for Less and additional retailers
13 Roanoke Plaza New York-Newark-Jersey City, NY-NJ Remerchandise former TJ Maxx with a 22K SF Ross Dress for Less and a 15K SF Boot Barn
14 Wilkes-Barre Township Marketplace Scranton--Wilkes-Barre, PA Remerchandise former Party City with a 16K SF NetCost Market grocer
15 Merchants Park Houston-Pasadena-The Woodlands, TX Combine multiple adjacent spaces for a 25K SF Marshalls
Number of Projects Net Estimated Costs (1) Gross Costs to Date Expected NOI Yield (1)
Total In Process 15 $ 77,000 $ 27,450 7% - 14%
STABILIZED ANCHOR SPACE REPOSITIONINGS
Projects Stabilized During the Three Months Ended March 31, 2026
1 Pine Tree Shopping Center Portland-South Portland, ME Remerchandise former Big Lots with a 25K SF ALDI
2 Northshore - Project II Houston-Pasadena-The Woodlands, TX Remerchandise and expand former Sellers Bros. with a 30K SF El Rancho (Heritage Grocers)
Number of Projects Net Project <br>Costs (1) NOI Yield (1)
Total Stabilized 2 $ 4,550 10 %
(1) Reflects gross project costs less any project specific credits (lease termination fees or other ancillary credits).
The in process projects listed above are actively underway and reflect projects for which leases have been signed with the tenant(s) listed in the project descriptions. There is no guarantee that the Company will complete any or all of these projects or that
the net estimated costs or expected NOI yields will be the amounts shown. The net estimated costs and expected NOI yields are management's best estimates based on current information and may change over time. For more information, please refer to
the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Supplemental Disclosure - Three Months Ended March 31, 2026 Page 19
--- ---
OUTPARCEL DEVELOPMENT SUMMARY ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands
Stabilization Net Estimated Gross Costs Expected
Property Name CBSA Project Description Quarter Costs (1) to Date NOI Yield (1)
New Projects Added To In Process Pipeline During The Three Months Ended March 31, 2026
Sunshine Square New York-Newark-Jersey City, NY-NJ Construction of a 2K SF Taco Bell Jun-26 $ 500 $ 150 23 %
Arvada Plaza Denver-Aurora-Centennial, CO Construction of a 3K SF PNC Bank with a drive-thru Dec-26 500 200 12 %
Wallkill Plaza Kiryas Joel-Poughkeepsie-Newburgh, NY Construction of a 5K SF Chick-fil-A Dec-26 200 150 113 %
Northtown Plaza Houston-Pasadena-The Woodlands, TX Construction of a 2K SF Take 5 Oil Change Mar-27 100 100 71 %
Stratford Square Bridgeport-Stamford-Danbury, CT Construction of a 19K SF ALDI Jun-27 3,100 500 7 %
Town Square Binghamton, NY Construction of a 6K SF Chick-fil-A Jun-27 200 150 7 %
In Process Projects
Martin Downs Village Center (2) Port St. Lucie, FL Construction of a 2K SF Chipotle with a drive-thru and a 2K SF Wendy's with a drive-thru Jun-26 3,100 2,300 10 %
Venice Village North Port-Bradenton-Sarasota, FL Construction of a 2K SF Chipotle with a drive-thru Sep-26 1,950 1,350 9 %
Crown Point Columbus, OH Construction of a 0.3K SF Biggby Coffee with a drive-thru Sep-26 150 — 38 %
Pacoima Center Los Angeles-Long Beach-Anaheim, CA Construction of a 3K SF Starbucks with a drive-thru Dec-26 1,050 500 25 %
Laurel Square New York-Newark-Jersey City, NY-NJ Construction of a 5K SF multi-tenant outparcel, including a 3K SF Chipotle with a drive-thru and a 2K SF Quickway Japanese Hibachi; and construction of a 3K SF Starbucks with a drive-thru Dec-26 3,200 2,200 15 %
Hanover Square Richmond, VA Construction of two multi-tenant outparcels, including a 4K SF First Watch, a 2K SF Cava with a drive-thru, a 2K SF Habit Burger, and a 2K SF Panda Express Dec-26 7,400 2,850 9 %
TOTAL IN PROCESS OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 21,450 $ 10,450 12 %
(1) Reflects gross project costs less any project specific credits (lease termination fees or other ancillary credits).
(2) Net project costs exclude 0.2M of project specific credits (lease termination fees or other ancillary credits).
The in process projects listed above are actively underway and reflect projects for which leases have been signed with the tenant(s) listed in the project descriptions. There is no guarantee that the Company will complete any or all of these projects, that the
net estimated costs or expected NOI yields will be the amounts shown, or that stabilization will occur as anticipated. The net estimated costs, expected NOI yields, and anticipated stabilization dates are management's best estimates based on current
information and may change over time. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 20
REDEVELOPMENT SUMMARY ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands
Net Gross Expected
Property Stabilization Estimated Costs NOI
Property Name CBSA Project Description Acreage Quarter Costs (1) to Date Yield (1)
New Projects Added To In Process Pipeline During The Three Months Ended March 31, 2026
1 Roosevelt Mall - Phase III Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Construction of a 37K SF multi-tenant outparcel building at property entrance, including a 10K SF Ulta, a 6K SF Victoria's Secret, a 5K SF LOFT Outlet, a 3K SF Cava, a 3K SF Shake Shack, and additional retailers; reconfigure several existing small shop vacancies and remerchandise with a 13K SF Teso Life and additional retailers; and shopping center upgrades to align with previous phase improvements including façade and sidewalk renovations, new landscaping and signage, and common area enhancements 36 Sep-27 $ 21,450 $ 3,800 11 %
IN PROCESS REDEVELOPMENTS
2 Preston Park Village (2) Dallas-Fort Worth-Arlington, TX Redevelopment of former Kroger with a 24K SF HomeGoods and a 13K SF Petco; construction of a 3K SF outparcel; and shopping center upgrades including expansion and upgrade of existing outdoor dining patios, façade renovations, parking reconfiguration, and landscaping and signage enhancements 26 Sep-26 35,550 30,500 8 %
3 Tinley Park Plaza (3) Chicago-Naperville-Elgin, IL-IN Redevelopment of former Walt's and adjacent space with a 22K SF Ross Dress for Less, a 9K SF Five Below, and additional retailers; construction of a 5K SF Fifth Third Bank outparcel; and shopping center upgrades including façade and roof renovations 22 Dec-26 11,550 11,600 13 %
4 Hillcrest Market Place Spartanburg, SC Redevelopment and reconfiguration of adjacent small shop space to accommodate addition of a 6K SF J.Crew, a 5K SF Hallmark, and additional retailers surrounding a newly constructed outdoor community courtyard; and shopping center upgrades including façade, landscaping, and common area enhancements 38 Dec-26 5,000 2,900 10 %
5 Dalewood I, II & III Shopping Center New York-Newark-Jersey City, NY-NJ Redevelopment of former Christmas Tree Shops with a 21K SF Sprouts Farmers Market and an additional retailer; remerchandise 19K SF of retail space with restaurants; and shopping center upgrades including façade renovations and parking lot reconfiguration 6 Mar-27 10,750 4,500 7 %
6 Barn Plaza - Phase II Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Demolition of 49K SF former freestanding theater to accommodate construction of three multi-tenant outparcel buildings totaling 46K SF, including a 13K SF Pottery Barn, a 6K SF Burton's Grill & Bar, a 6K SF Williams Sonoma, a 5K SF Sephora, a 3K SF Shake Shack, a 2K SF Just Salad, a 2K SF Naya, and a 2K SF Starbucks with a drive-thru; and shopping center upgrades including new storm water management, lighting, landscaping, and signage, and improved vehicular and pedestrian connectivity 42 Jun-27 24,500 3,200 11 %
7 Wynnewood Village - Phase V Dallas-Fort Worth-Arlington, TX Redevelopment of vacant outparcel pads, including the construction of a multi-tenant outparcel building for a 3K SF Cava and a 2K SF Chipotle, construction of a 3K SF Chase outparcel, and the construction of a 6K SF restaurant outparcel; reconfiguration of inline retail space to accommodate a 24K SF junior anchor and additional retailers; and shopping center upgrades including façade renovations, landscaping enhancements, and parking lot improvements 65 Jun-27 15,200 1,200 9 %
8 Sunrise Town Center Miami-Fort Lauderdale-West Palm Beach, FL Demolition of 52K SF former fitness center to accommodate construction of a 47K SF Publix; reconfigure and remerchandise several small shop spaces; and shopping center upgrades including façade renovations and parking lot improvements 17 Sep-27 12,050 600 14 %
9 Pointe Orlando - Phase III Orlando-Kissimmee-Sanford, FL Remerchandise with relevant retailers including a two-story 18K SF Museum of Ice Cream and an additional retailer; and shopping center upgrades to align with previous phase improvements including façade, landscaping and lighting and common area enhancements including public seating areas and improved pedestrian plazas 17 Dec-27 12,500 3,000 23 %
10 Circle Center Hilton Head Island-Bluffton-Port Royal, SC Demolition of 45K SF former BI-LO to accommodate construction of a 48K SF Publix; reconfigure and remerchandise several small shop spaces; and pedestrian improvements, including sidewalk access to new municipal park 7 Dec-27 9,550 600 7 %
11 Rockland Plaza New York-Newark-Jersey City, NY-NJ Extensive reconfiguration of center including redevelopment of former Barnes & Noble and Petco with a 25K SF Nordstrom Rack, a 5K SF Ann Taylor Factory Store, a 4K SF Motion PT, and additional retailers; redevelopment and rightsize of former Modells Sporting Goods and Marshalls to accommodate a 30K SF Ross Dress for Less, a 29K SF Burlington Stores, a 2K SF Honeygrow, a 2K SF Naya, and additional retailers; remerchandise several small shop spaces including the addition of a 3K SF Quickway Hibachi; construction of a 5K SF outparcel; and shopping center upgrades including comprehensive façade renovations, new landscaping, site lighting and signage, and structural upgrades 27 Mar-28 29,450 3,800 12 %
12 Westridge Court / Block 59 - Phase II Chicago-Naperville-Elgin, IL-IN Construction of two multi-tenant buildings totaling 22K SF surrounding the newly redeveloped restaurant, entertainment, and event district; and shopping center upgrades to align with previous phase improvements including new landscaping, signage, lighting, and improved vehicular and pedestrian circulation and connectivity 82 Jun-28 16,350 6,450 9 %
TOTAL IN PROCESS REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 203,900 $ 72,150 11 %
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 21
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REDEVELOPMENT SUMMARY ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands
Property Stabilization Net Project NOI
Property Name CBSA Project Description Acreage Quarter Costs (1,5) Yield (1,5)
Projects Stabilized During The Three Months Ended March 31, 2026
Westridge Court / Block 59 - Phase I Chicago-Naperville-Elgin, IL-IN Redevelopment, reconfiguration, and rebranding of center, including the demolition of an underutilized two-story building, to accommodate the addition of a vibrant restaurant and entertainment district with an event plaza surrounded by several single-tenant buildings and outparcels including a 9K SF The Cheesecake Factory, an 8K SF Yard House, an 8K SF Ruth's Chris Steak House, a 3K SF Shake Shack, and a 2K SF Stan's Donuts; construction of additional multi-tenant outparcels including a 7K SF Piccolo Buco and a 4K SF First Watch and a 3K SF Velvet Taco, a 2K SF Crisp & Green, and a 2K SF Fresh Fin; and shopping center upgrades including new landscaping, signage, lighting, and improved vehicular and pedestrian circulation and connectivity 82 Mar-26 $ 40,600 9 %
Wynnewood Village - Phase IV (4) 1 Dallas-Fort Worth-Arlington, TX Ground-up construction of a 111K SF Target; remerchandise of existing anchor space with a 26K SF Burlington Stores; and shopping center upgrades including façade renovations, landscaping enhancements, signage upgrades, and parking lot improvements 1 65 Mar-26 32,650 9 %
TOTAL STABILIZED REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 73,250 9 %
(1) Reflects gross project costs less any project specific credits (lease termination fees or other ancillary credits).
(2) Net project costs exclude 0.2M of project specific credits (lease termination fees or other ancillary credits).
(3) Net project costs exclude 2.5M of project specific credits (lease termination fees or other ancillary credits).
(4) Net project costs exclude 3.4M of project specific credits (lease termination fees or other ancillary credits).
(5) Net project costs and NOI yields may vary from those previously disclosed due to final project reconciliations.
The in process projects listed above are actively underway and reflect projects for which leases have been signed with the tenant(s) listed in the project descriptions. There is no guarantee that the Company will complete any or all of these projects, that the
net estimated costs or expected NOI yields will be the amounts shown, or that stabilization will occur as anticipated. The net estimated costs, expected NOI yields, and anticipated stabilization dates are management's best estimates based on current
information and may change over time. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 22
FUTURE REDEVELOPMENT OPPORTUNITIES ↩Table of<br><br>Contents
--- --- --- --- --- ---
Property Name CBSA Project Description
MAJOR REDEVELOPMENTS
1 Village at Mira Mesa San Diego-Chula Vista-Carlsbad, CA Redevelopment of existing anchor space for potential residential rental component
2 Metro 580 San Francisco-Oakland-Fremont, CA Redevelopment of existing anchor space for multiple retailers
3 Venetian Isle Shopping Ctr Miami-Fort Lauderdale-West Palm Beach, FL Redevelopment of existing anchor space for new anchor prototype, potential outparcel development
4 Britton Plaza Tampa-St. Petersburg-Clearwater, FL Extensive repositioning and reconfiguration, densification of site
5 Dolphin Village Tampa-St. Petersburg-Clearwater, FL Redevelopment and reposition of existing center with new anchor prototype
6 Kings Market Atlanta-Sandy Springs-Roswell, GA Redevelopment and repositioning of shopping center, densification of site
7 Northeast Plaza - Future Phases Atlanta-Sandy Springs-Roswell, GA Redevelopment of existing anchor space for multiple retailers, densification of site
8 Kings Park Plaza New York-Newark-Jersey City, NY-NJ Redevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component
9 Morris Hills Shopping Center New York-Newark-Jersey City, NY-NJ Densification of site, including multi-tenant outparcel development, potential multi-family component
10 Three Village Shopping Center New York-Newark-Jersey City, NY-NJ Extensive repositioning and reconfiguration, densification of site
11 Market Plaza Dallas-Fort Worth-Arlington, TX Extensive redevelopment and repositioning of shopping center, remerchandise with potential medical office component
12 Wynnewood Village - Future Phases Dallas-Fort Worth-Arlington, TX Redevelopment and repositioning of shopping center, densification of site
MINOR REDEVELOPMENTS
1 Brea Gateway Los Angeles-Long Beach-Anaheim, CA Redevelopment and repositioning of shopping center which may include site densification with addition of outparcel pad development
2 Chino Spectrum Towne Center (1) Riverside-San Bernardino-Ontario, CA Redevelopment and repositioning of shopping center, densification of site
3 The Plaza at Buckland Hills Hartford-West Hartford-East Hartford, CT Redevelopment and repositioning of shopping center, densification of site
4 Colonial Commons - Orange New Haven, CT Redevelopment and repositioning of shopping center
5 23rd Street Station (1) Panama City-Panama City Beach, FL Redevelopment and repositioning of shopping center
6 Panama City Square (1) Panama City-Panama City Beach, FL Redevelopment and repositioning of shopping center, densification of site
7 East Port Plaza Port St. Lucie, FL Redevelopment and repositioning of shopping center
8 Rutland Plaza Tampa-St. Petersburg-Clearwater, FL Redevelopment and repositioning of shopping center
9 Tyrone Gardens Tampa-St. Petersburg-Clearwater, FL Redevelopment and repositioning of shopping center
10 Cosby Station (1) Atlanta-Sandy Springs-Roswell, GA Redevelopment and repositioning of shopping center
11 High Point Centre Chicago-Naperville-Elgin, IL-IN Redevelopment and repositioning of shopping center
12 North Riverside Plaza Chicago-Naperville-Elgin, IL-IN Redevelopment and reposition of rear portion of shopping center
13 Ridge Plaza Chicago-Naperville-Elgin, IL-IN Redevelopment and repositioning of shopping center
14 Rivercrest Shopping Center (1) Chicago-Naperville-Elgin, IL-IN Redevelopment of existing anchor space for multiple retailers
15 Westridge Court / Block 59 - Future Phases (1) Chicago-Naperville-Elgin, IL-IN Redevelopment and repositioning of shopping center
16 Meridian Village Indianapolis-Carmel-Greenwood, IN Redevelopment and repositioning of shopping center
17 Burlington Square I, II & III - Future Phases Boston-Cambridge-Newton, MA-NH Redevelopment and repositioning of shopping center
18 Burning Tree Plaza Duluth, MN-WI Redevelopment of existing anchor space for multiple retailers
19 Richfield Hub Minneapolis-St. Paul-Bloomington, MN-WI Redevelopment and repositioning of shopping center, densification of site
20 Wallkill Plaza Kiryas Joel-Poughkeepsie-Newburgh, NY Redevelopment of existing anchor spaces, remerchandise shop space and façade renovation
21 Middletown Plaza (1) New York-Newark-Jersey City, NY-NJ Redevelopment of existing anchor space for multiple retailers
22 Suffolk Plaza New York-Newark-Jersey City, NY-NJ Densification of site, including multi-tenant outparcel development
23 Tinton Falls Plaza New York-Newark-Jersey City, NY-NJ Redevelopment and repositioning of shopping center
24 West Center New York-Newark-Jersey City, NY-NJ Redevelopment and repositioning of shopping center, densification of site
25 The Commons at Chancellor Park (1) Charlotte-Concord-Gastonia, NC-SC Redevelopment and repositioning of shopping center
26 North Ridge Shopping Center Raleigh-Cary, NC Redevelopment of existing anchor space for multiple retailers, densification of site
27 Parkway Plaza Winston-Salem, NC Reposition of former anchors which may include site densification with addition of outparcel pad development
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 23
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FUTURE REDEVELOPMENT OPPORTUNITIES ↩Table of<br><br>Contents
--- --- --- --- --- ---
Property Name CBSA Project Description
28 South Towne Centre Dayton-Kettering-Beavercreek, OH Redevelopment of existing anchor space for multiple retailers
29 69th Street Plaza Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment of existing anchor space for multiple retailers, densification of site
30 Bristol Park Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment of existing anchor space, inline shop space and façade renovation
31 Roosevelt Mall - Future Phases Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Extensive repositioning and reconfiguration, densification of site
32 Warminster Towne Center Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment and repositioning of shopping center, densification of site
33 Parmer Crossing Austin-Round Rock-San Marcos, TX Redevelopment of existing anchor space for multiple retailers, densification of site
34 Arboretum Village Dallas-Fort Worth-Arlington, TX Densification of site, including multi-tenant outparcel development
35 Preston Park Village - Future Phases Dallas-Fort Worth-Arlington, TX Redevelopment and repositioning of shopping center
36 Stevens Park Village Dallas-Fort Worth-Arlington, TX Redevelopment and repositioning of shopping center
37 Webb Royal Plaza Dallas-Fort Worth-Arlington, TX Redevelopment of existing anchor space for multiple retailers, densification of site
38 Clear Lake Camino South Houston-Pasadena-The Woodlands, TX Redevelopment of existing anchor space for multiple retailers, densification of site
39 LaCenterra at Cinco Ranch (1) Houston-Pasadena-The Woodlands, TX Redevelopment and repositioning of shopping center
40 Lake Pointe Village Houston-Pasadena-The Woodlands, TX Reposition of existing vacant space and site densification
(1) Indicates project added to the pipeline during the three months ended March 31, 2026.
The Company has identified potential future reinvestment opportunities at the properties listed above. Many of these opportunities are, or will soon be, in preliminary planning phases and as such, may not ultimately become active reinvestments. Proceeding
with these reinvestments could be subject to factors outside of the Company’s control which could delay, suspend, or defer the expected opportunity or timing of execution. While the Company believes that these projects are likely to become active in the
near-term, it should be noted that this list will fluctuate as projects become active, or are suspended or otherwise rescheduled. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended
December 31, 2025.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 24
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> PORTFOLIO SUMMARY
--- ---
Supplemental Disclosure
Three Months Ended March 31, 2026
PORTFOLIO OVERVIEW ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
As of:
3/31/26 12/31/25 9/30/25 6/30/25 3/31/25
Number of properties 344 348 354 360 361
GLA 62,055,877 62,684,741 63,368,510 63,621,719 63,687,360
Percent billed 91.4% 91.6% 90.2% 89.7% 90.0%
Percent leased 95.1% 95.1% 94.1% 94.2% 94.1%
TOTAL ≥ 10,000 SF 96.5% 96.6% 95.4% 95.6% 95.7%
TOTAL < 10,000 SF 92.1% 92.2% 91.4% 91.2% 90.8%
ABR $ 1,053,747 $ 1,049,958 $ 1,034,848 $ 1,017,857 $ 1,008,053
ABR PSF $ 19.05 $ 18.77 $ 18.48 $ 18.07 $ 17.94
PORTFOLIO BY UNIT SIZE AS OF 3/31/26
Number of<br><br>Units GLA Percent of GLA Percent Billed Percent Leased ABR Percent of ABR ABR PSF
≥ 35,000 SF 371 21,087,916 34.0% 95.3% 97.4% $ 215,103 20.4% $ 12.04
20,000 - 34,999 SF 469 12,214,703 19.7% 91.0% 96.3% 156,942 14.9% 13.45
10,000 - 19,999 SF 615 8,413,746 13.5% 90.5% 94.7% 136,796 13.0% 17.57
5,000 - 9,999 SF 1,084 7,490,640 12.1% 88.1% 93.0% 159,765 15.2% 24.04
< 5,000 SF 5,933 12,848,872 20.7% 87.9% 91.7% 385,141 36.5% 33.95
TOTAL 8,472 62,055,877 100.0% 91.4% 95.1% $ 1,053,747 100.0% $ 19.05
TOTAL ≥ 10,000 SF 1,455 41,716,365 67.2% 93.1% 96.5% $ 508,841 48.3% $ 13.63
TOTAL < 10,000 SF 7,017 20,339,512 32.8% 88.0% 92.1% 544,906 51.7% 30.29
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 26
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PORTFOLIO COMPOSITION
---
Dollars in thousands
NATIONAL / REGIONAL AND LOCAL TENANTS
--- --- ---
Percent of Portfolio Leased GLA Percent of Portfolio ABR

chart-4aaf7b2238874305bf9a.jpg chart-0ce922e5211041f4851a.jpg

ANCHOR AND SMALL SHOP TENANTS
Percent of Portfolio Leased GLA Percent of Portfolio ABR

chart-02ce24a626be46be9bda.jpg chart-8d519c33a7bd4871b9ea.jpg

↩Table of<br><br>Contents
Merchandise Mix ABR Percent of ABR
--- --- --- --- ---
Restaurants $ 191,219 18 %
Grocery 142,067 14 %
Personal services 84,647 8 %
Off-price apparel 73,323 7 %
Fitness / sports 64,608 6 %
Medical 59,744 6 %
Value apparel, shoes, accessories 57,248 5 %
General merchandise (department, gift, etc.) 46,757 4 %
Home décor 41,858 4 %
Health & beauty 35,749 3 %
Entertainment 30,391 3 %
Financial services 28,389 3 %
Pet 27,816 3 %
General merchandise (discount / dollar) 25,901 2 %
Electronics & appliance 23,496 2 %
Hobby & crafts 23,386 2 %
Sporting goods 17,411 2 %
Home improvement 17,130 2 %
Other (1) 62,607 6 %
TOTAL $ 1,053,747 100 %
(1) Other represents categories with percent of ABR of 1% or less including auto, liquor, mail / shipping and other services, office supply, party, pharmacy, and professional services.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 27
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TOP FORTY RETAILERS RANKED BY ABR ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Retailer Owned Leases (1) Leased GLA (1) Percent of GLA (1) ABR (1) Percent of ABR (1) ABR PSF (1)
1 The TJX Companies, Inc. (2) 91 2,578,527 4.2 % $ 34,334 3.3 % $ 13.32
2 The Kroger Co. (3) 43 2,938,034 4.7 % 23,627 2.2 % 8.04
3 Burlington Stores, Inc. 46 1,725,367 2.8 % 21,629 2.1 % 12.54
4 Ross Stores, Inc (4) 52 1,300,889 2.1 % 17,524 1.7 % 13.47
5 Publix Super Markets, Inc. 34 1,587,457 2.6 % 16,841 1.6 % 10.61
6 Dollar Tree Stores, Inc. 107 1,242,321 2.0 % 15,913 1.5 % 12.81
7 Five Below, Inc. 65 617,736 1.0 % 12,810 1.2 % 20.74
8 Amazon.com, Inc. / Whole Foods Market Services, Inc. 19 658,464 1.1 % 12,371 1.2 % 18.79
9 Ulta Beauty, Inc. 39 421,110 0.7 % 10,728 1.0 % 25.48
10 L.A Fitness International, LLC (5) 13 528,162 0.9 % 10,566 1.0 % 20.01
509 13,598,067 22.1 % 176,343 16.8 % 12.97
11 PetSmart, Inc. 28 609,077 1.0 % 10,511 1.0 % 17.26
12 Albertson's Companies, Inc (6) 14 749,018 1.2 % 9,875 0.9 % 13.18
13 Ahold Delhaize (7) 13 736,178 1.2 % 8,492 0.8 % 11.54
14 PETCO Animal Supplies, Inc. 32 450,934 0.7 % 8,338 0.8 % 18.49
15 Kohl's Corporation 13 963,606 1.6 % 7,451 0.7 % 7.73
16 The Michaels Companies, Inc. 24 544,061 0.9 % 7,383 0.7 % 13.57
17 Barnes & Noble, Inc. (8) 17 334,867 0.5 % 6,145 0.6 % 18.35
18 Sprouts Farmers Market, Inc. 9 245,212 0.4 % 6,076 0.6 % 24.78
19 Best Buy Co., Inc. 12 434,051 0.7 % 6,025 0.6 % 13.88
20 JP Morgan Chase & Co. 27 101,988 0.2 % 5,803 0.6 % 56.90
698 18,767,059 30.5 % 252,442 24.1 % 13.45
21 DICK's Sporting Goods, Inc. (9) 15 332,305 0.5 % 5,400 0.5 % 16.25
22 CVS Health 14 218,744 0.4 % 5,095 0.5 % 23.29
23 Gap, Inc. (10) 15 237,319 0.4 % 4,891 0.5 % 20.61
24 Chipotle Mexican Grill, Inc. 37 92,049 0.1 % 4,833 0.5 % 52.50
25 Bath & Body Works, Inc. 43 195,584 0.3 % 4,818 0.5 % 24.63
26 Trader Joe's Company, Inc. 13 171,594 0.3 % 4,720 0.4 % 27.51
27 ALDI (11) 17 474,794 0.8 % 4,643 0.4 % 9.78
28 Harbor Freight Tools 21 371,512 0.6 % 4,636 0.4 % 12.48
29 Hobby Lobby Stores, Inc. 10 564,887 0.9 % 4,320 0.4 % 7.65
30 National Vision, Inc. (12) 40 144,135 0.2 % 4,298 0.4 % 29.82
31 Designer Brands, Inc. (DSW) 13 249,833 0.4 % 4,061 0.4 % 16.25
32 JD Sports Fashion Plc (13) 30 190,064 0.3 % 4,051 0.4 % 21.31
33 Wells Fargo & Company 17 73,304 0.1 % 4,041 0.4 % 55.13
34 Starbucks Corporation 37 70,793 0.1 % 4,034 0.4 % 56.98
35 Bank of America, NA 24 85,639 0.1 % 3,940 0.4 % 46.01
36 Skechers U.S.A., Inc. 22 207,583 0.3 % 3,917 0.4 % 18.87
37 Nordstrom, Inc. (14) 7 191,609 0.3 % 3,890 0.4 % 20.30
38 AMC Entertainment 4 200,955 0.3 % 3,863 0.4 % 19.22
39 Staples, Inc. 13 263,861 0.4 % 3,711 0.4 % 14.06
40 Wakefern Food Corporation (15) 4 230,254 0.4 % 3,500 0.3 % 15.20
TOTAL TOP 40 RETAILERS 1,094 23,333,877 37.7 % $ 339,104 32.5 % $ 14.53
(1) Includes only locations which are owned or guaranteed by the parent company. Excludes (6) Includes Tom Thumb-3, Vons-3, Acme-2, Jewel-Osco-2, Albertsons-1, El Rancho (sublease)-1, (11) Includes ALDI-15 and Winn-Dixie-2 (expected banner conversion).
all franchise locations. Shop & Save Market-1, and Star Market-1. (12) Includes America's Best Contacts & Eyeglasses-38 and Eyeglass World-2.
(2) Includes T.J. Maxx-29, Marshalls-26, HomeGoods-20, Sierra Trading Post-8, (7) Includes Giant Food-5, Super Stop & Shop-4, Food Lion-2, ShopRite (sublease)-1, and (13) Includes Hibbett-16, DTLR-6, JD Sports-6, and Shoe Palace-2.
Marshalls/HomeGoods-4, HomeSense-2, and T.J. Maxx/HomeGoods-2. non-grocer (sublease)-1. (14) Includes Nordstrom Rack-7.
(3) Includes Kroger-29, King Soopers-5, Ralphs-3, Harris Teeter-2, Dillons-1, Food 4 Less-1, (8) Includes Barnes & Noble-15 and Paper Source-2. (15) Includes ShopRite-3 and Price Rite Marketplace-1.
Pay Less-1, and Pick 'N Save-1. (9) Includes Foot Locker-5, Golf Galaxy-3, DICK'S Sporting Goods Warehouse Sale-2,
(4) Includes Ross Dress for Less-46 and dd's Discounts-6. DICK'S Sporting Goods-2, WSS-2, and Kids Foot Locker-1.
(5) Includes LA Fitness-6, Esporta Fitness-4, XSport Fitness-2, and City Sports Club-1. (10) Includes Old Navy-12, Gap Factory-2, and Athleta-1. Supplemental Disclosure - Three Months Ended March 31, 2026 Page 28
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NEW & RENEWAL LEASE SUMMARY ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Tenant Improvements and Allowances PSF (1) Third-Party Leasing Commissions PSF Weighted Average Lease Term (years) Comparable Only
Leases GLA New ABR New ABR PSF Leases GLA New ABR PSF Old ABR PSF Rent Spread
TOTAL - NEW, RENEWAL & OPTION LEASES
Three months ended 3/31/26 285 1,994,943 $ 41,739 $ 20.92 $ 4.12 $ 2.86 6.9 220 1,494,165 $ 20.97 $ 17.62 19.0 %
Three months ended 12/31/25 337 2,179,975 44,015 20.19 4.75 3.37 7.5 256 1,739,030 19.36 16.32 18.6 %
Three months ended 9/30/25 323 2,638,011 49,678 18.83 1.92 1.66 7.2 268 2,248,504 17.76 15.74 12.8 %
Three months ended 6/30/25 459 2,465,322 51,085 20.72 3.65 2.61 6.9 386 2,108,780 20.00 16.75 19.4 %
TOTAL - TWELVE MONTHS ENDED 3/31/26 1,404 9,278,251 $ 186,517 $ 20.10 $ 3.52 $ 2.57 7.1 1,130 7,590,479 $ 19.38 $ 16.53 17.2 %
NEW & RENEWAL LEASES ONLY
Three months ended 3/31/26 233 1,271,112 $ 29,835 $ 23.47 $ 6.46 $ 4.49 7.9 168 770,334 $ 25.23 $ 19.87 27.0 %
Three months ended 12/31/25 293 1,453,359 34,007 23.40 7.13 5.05 8.8 212 1,012,414 23.36 18.81 24.2 %
Three months ended 9/30/25 270 1,521,066 34,919 22.96 3.33 2.88 8.9 216 1,224,839 20.93 17.77 17.8 %
Three months ended 6/30/25 400 1,708,956 40,673 23.80 5.27 3.77 7.8 327 1,352,414 23.49 18.91 24.2 %
TOTAL - TWELVE MONTHS ENDED 3/31/26 1,196 5,954,493 $ 139,434 $ 23.42 $ 5.48 $ 4.01 8.3 923 4,360,001 $ 23.05 $ 18.74 23.0 %
NEW LEASES
Three months ended 3/31/26 108 672,792 $ 15,925 $ 23.67 $ 11.36 $ 8.43 9.9 44 197,882 $ 30.26 $ 21.34 41.8 %
Three months ended 12/31/25 158 933,708 21,583 23.12 10.06 7.79 10.6 77 492,763 22.79 16.92 34.7 %
Three months ended 9/30/25 97 613,286 15,856 25.85 6.56 7.12 11.9 43 317,059 20.73 15.89 30.5 %
Three months ended 6/30/25 153 922,941 20,459 22.17 8.31 6.98 9.8 81 570,079 20.44 14.21 43.8 %
TOTAL - TWELVE MONTHS ENDED 3/31/26 516 3,142,727 $ 73,823 $ 23.49 $ 9.14 $ 7.56 10.5 245 1,577,783 $ 22.46 $ 16.29 37.9 %
RENEWAL LEASES
Three months ended 3/31/26 125 598,320 $ 13,910 $ 23.25 $ 0.96 $ 0.06 5.7 124 572,452 $ 23.49 $ 19.37 21.3 %
Three months ended 12/31/25 135 519,651 12,424 23.91 1.86 0.14 5.6 135 519,651 23.91 20.59 16.1 %
Three months ended 9/30/25 173 907,780 19,063 21.00 1.15 0.02 6.8 173 907,780 21.00 18.42 14.0 %
Three months ended 6/30/25 247 786,015 20,214 25.72 1.69 0.01 5.5 246 782,335 25.72 22.34 15.1 %
TOTAL - TWELVE MONTHS ENDED 3/31/26 680 2,811,766 $ 65,611 $ 23.33 $ 1.39 $ 0.05 6.0 678 2,782,218 $ 23.38 $ 20.12 16.2 %
OPTION LEASES
Three months ended 3/31/26 52 723,831 $ 11,904 $ 16.45 $ — $ — 5.0 52 723,831 $ 16.45 $ 15.21 8.2 %
Three months ended 12/31/25 44 726,616 10,008 13.77 — — 5.0 44 726,616 13.77 12.86 7.1 %
Three months ended 9/30/25 53 1,116,945 14,759 13.21 — — 5.1 52 1,023,665 13.96 13.33 4.7 %
Three months ended 6/30/25 59 756,366 10,412 13.77 — — 5.0 59 756,366 13.77 12.89 6.8 %
TOTAL - TWELVE MONTHS ENDED 3/31/26 208 3,323,758 $ 47,083 $ 14.17 $ — $ — 5.0 207 3,230,478 $ 14.43 $ 13.54 6.6 %
LEASES BY ANCHOR AND SMALL SHOP Three Months Ended 3/31/26 Twelve Months Ended 3/31/26
% of Leases GLA % of GLA % of ABR New ABR PSF Rent Spread (2) % of Leases GLA % of GLA % of ABR New ABR PSF Rent Spread (2)
Anchor Leases (≥ 10,000 SF)
Total - New, Renewal & Option Leases 17 % 1,307,052 66 % 46 % $ 14.78 18.3 % 15 % 5,932,468 64 % 45 % $ 14.03 17.7 %
New & Renewal Leases Only 13 % 696,287 55 % 36 % 15.60 36.9 % 11 % 3,121,792 52 % 36 % 16.19 31.8 %
New Leases 15 % 392,925 58 % 38 % 15.34 97.2 % 15 % 1,863,554 59 % 44 % 17.37 57.6 %
Renewal Leases 11 % 303,362 51 % 35 % 15.92 23.9 % 8 % 1,258,238 45 % 28 % 14.44 14.0 %
Option Leases 35 % 610,765 84 % 71 % 13.85 8.2 % 40 % 2,810,676 85 % 69 % 11.63 5.7 %
Small Shop Leases (< 10,000 SF)
Total - New, Renewal & Option Leases 83 % 687,891 34 % 54 % $ 32.59 19.7 % 85 % 3,345,783 36 % 55 % $ 30.87 16.9 %
New & Renewal Leases Only 87 % 574,825 45 % 64 % 33.01 23.1 % 89 % 2,832,701 48 % 64 % 31.38 18.9 %
New Leases 85 % 279,867 42 % 62 % 35.36 29.8 % 85 % 1,279,173 41 % 56 % 32.41 24.0 %
Renewal Leases 89 % 294,958 49 % 65 % 30.78 20.0 % 92 % 1,553,528 55 % 72 % 30.53 17.0 %
Option Leases 65 % 113,066 16 % 29 % 30.44 7.6 % 60 % 513,082 15 % 31 % 28.03 8.5 %
(1) Excludes base building costs.
(2) Comparable leases only.
Excludes leases signed for terms of less than one year.
ABR PSF includes the GLA of lessee-owned leasehold improvements.
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 29
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NEW LEASE NET EFFECTIVE RENT & LEASES SIGNED BUT NOT YET COMMENCED ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Twelve Months Ended Three Months Ended
3/31/26 3/31/26 12/31/25 9/30/25 6/30/25 3/31/25
NEW LEASES
Weighted average over lease term:
Base rent $ 25.63 $ 25.82 $ 25.06 $ 28.03 $ 24.49 $ 24.76
Tenant improvements and allowances (1.06) (1.22) (1.17) (0.78) (1.02) (1.19)
Third-party leasing commissions (0.76) (0.83) (0.80) (0.70) (0.70) (0.71)
NET EFFECTIVE RENT BEFORE TENANT SPECIFIC LANDLORD WORK 23.81 23.77 23.09 26.55 22.77 22.86
Tenant specific landlord work (1) (2.37) (2.75) (2.48) (2.02) (2.19) (1.51)
NET EFFECTIVE RENT $ 21.44 $ 21.02 $ 20.61 $ 24.53 $ 20.58 $ 21.35
Net effective rent before tenant specific landlord work /
base rent 93% 92% 92% 95% 93% 92%
Net effective rent / base rent 84% 81% 82% 88% 84% 86%
Weighted average term (years) 10.5 9.9 10.6 11.9 9.8 10.7
PERCENT OF TOTAL NET EFFECTIVE RENT BY ANCHOR AND SMALL SHOP
≥ 10,000 SF 42% 34% 38% 55% 43% 42%
< 10,000 SF 58% 66% 62% 45% 57% 58%
As of 3/31/2026 Leases GLA ABR ABR PSF
≥ 10,000 SF 77 1,884,331 $ 33,249 $ 17.64
< 10,000 SF 284 923,402 33,465 36.24
TOTAL 361 2,807,733 $ 66,714 $ 23.76
EXPECTED TIMING OF THE LEASES SIGNED BUT NOT YET COMMENCED
2026 (remaining) 2027 2028+ Total
Projected Lease Commencements $ 38,493 $ 28,221 $ — $ 66,714
(1) Represents base building costs funded through tenant allowances.
(2) Signed but not commenced population represents approximately 450 basis points of total portfolio GLA (66.7M in ABR), 80 basis points (10.5M in ABR) of which represents leases on space that will be vacated by existing tenants in the near term.
(3) Includes only new leases and expansions of existing leases.
ABR PSF includes the GLA of lessee-owned leasehold improvements.
Reflects portfolio statistics as reported for the specified period.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended March 31, 2026 Page 30
LEASE EXPIRATION SCHEDULE ↩Table of<br><br>Contents
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ASSUMES NO EXERCISE OF RENEWAL OPTIONS
TOTAL PORTFOLIO SPACES ≥ 10,000 SF SPACES < 10,000 SF
Number % of % of ABR PSF Number % of % of ABR PSF Number % of % of ABR PSF
of Leased Leased In-Place In-place at of Leased Leased In-Place In-place at of Leased Leased In-Place In-place at
Leases GLA GLA ABR ABR PSF Expiration Leases GLA GLA ABR ABR PSF Expiration Leases GLA GLA ABR ABR PSF Expiration
M-M 166 497,198 0.8 % 0.9 % $ 18.05 $ 18.05 8 119,509 0.3 % 0.2 % $ 6.54 $ 6.54 158 377,689 2.0 % 1.5 % $ 21.70 $ 21.70
2026 570 3,319,164 5.6 % 4.5 % 14.32 14.33 71 2,064,373 5.2 % 3.7 % 9.13 9.13 499 1,254,791 6.7 % 5.3 % 22.85 22.88
2027 1,094 7,899,094 13.4 % 12.1 % 16.09 16.22 178 5,331,660 13.2 % 11.7 % 11.18 11.20 916 2,567,434 13.7 % 12.4 % 26.31 26.63
2028 1,080 6,665,150 11.3 % 11.7 % 18.49 18.86 159 4,281,156 10.6 % 10.6 % 12.59 12.65 921 2,383,994 12.7 % 12.7 % 29.07 30.02
2029 971 7,959,912 13.5 % 12.6 % 16.63 17.11 176 5,709,267 14.2 % 13.4 % 11.98 12.08 795 2,250,645 12.0 % 11.7 % 28.42 29.86
2030 930 7,728,506 13.1 % 12.4 % 16.84 17.48 184 5,510,958 13.7 % 13.1 % 12.14 12.28 746 2,217,548 11.8 % 11.6 % 28.53 30.40
2031 702 5,998,472 10.2 % 9.5 % 16.70 17.97 142 4,304,087 10.7 % 10.4 % 12.29 12.76 560 1,694,385 9.0 % 8.7 % 27.91 31.20
2032 415 3,273,084 5.5 % 5.7 % 18.51 20.48 76 2,217,938 5.5 % 5.6 % 12.89 13.94 339 1,055,146 5.6 % 5.9 % 30.32 34.22
2033 438 2,997,069 5.1 % 5.7 % 20.04 22.62 77 1,830,713 4.5 % 4.9 % 13.50 14.77 361 1,166,356 6.2 % 6.5 % 30.30 34.93
2034 433 3,603,353 6.1 % 6.3 % 18.49 21.01 83 2,485,984 6.2 % 6.3 % 12.91 14.02 350 1,117,369 6.0 % 6.3 % 30.91 36.57
2035 396 3,042,973 5.2 % 6.2 % 21.75 25.30 82 2,047,402 5.1 % 6.3 % 15.62 17.38 314 995,571 5.4 % 6.3 % 34.36 41.61
2036+ 629 6,015,908 10.2 % 12.4 % 21.73 26.26 158 4,356,029 10.8 % 13.8 % 16.10 18.79 471 1,659,879 8.9 % 11.1 % 36.52 45.88
ASSUMES EXERCISE OF ALL RENEWAL OPTIONS (1)
TOTAL PORTFOLIO SPACES ≥ 10,000 SF SPACES < 10,000 SF
Number % of % of ABR PSF Number % of % of ABR PSF Number % of % of ABR PSF
of Leased Leased In-Place In-place at of Leased Leased In-Place In-place at of Leased Leased In-Place In-place at
Leases GLA GLA ABR ABR PSF Expiration Leases GLA GLA ABR ABR PSF Expiration Leases GLA GLA ABR ABR PSF Expiration
M-M 166 497,198 0.8 % 0.9 % $ 18.05 $ 18.05 8 119,509 0.3 % 0.2 % $ 6.54 $ 6.54 158 377,689 2.0 % 1.5 % $ 21.70 $ 21.70
2026 512 2,420,738 4.1 % 3.3 % 14.48 14.51 51 1,310,687 3.3 % 2.0 % 7.74 7.75 461 1,110,051 5.9 % 4.6 % 22.43 22.50
2027 764 3,207,243 5.4 % 6.1 % 19.96 20.22 66 1,474,238 3.7 % 3.5 % 12.00 12.08 698 1,733,005 9.2 % 8.5 % 26.73 27.15
2028 765 2,503,150 4.2 % 5.7 % 23.88 24.73 43 867,797 2.2 % 2.4 % 13.80 14.04 722 1,635,353 8.7 % 8.8 % 29.23 30.40
2029 607 2,045,378 3.5 % 4.6 % 23.94 25.37 27 607,381 1.5 % 1.7 % 14.43 15.06 580 1,437,997 7.7 % 7.4 % 27.95 29.73
2030 588 2,510,974 4.3 % 5.2 % 21.94 23.54 50 1,096,129 2.7 % 3.1 % 14.58 15.09 538 1,414,845 7.5 % 7.2 % 27.65 30.09
2031 429 1,966,634 3.3 % 3.7 % 19.92 22.27 31 921,616 2.3 % 2.1 % 11.43 11.94 398 1,045,018 5.6 % 5.2 % 27.41 31.38
2032 328 1,856,554 3.1 % 3.5 % 19.75 21.87 49 1,045,568 2.6 % 2.7 % 12.98 14.07 279 810,986 4.3 % 4.2 % 28.49 31.92
2033 322 1,980,150 3.5 % 3.6 % 19.20 21.61 56 1,187,382 2.9 % 3.0 % 12.69 13.79 266 792,768 4.2 % 4.2 % 28.95 33.31
2034 339 2,248,699 3.8 % 4.1 % 18.76 22.49 51 1,406,970 3.5 % 3.3 % 12.08 14.87 288 841,729 4.6 % 4.6 % 29.94 35.21
2035 362 2,730,465 4.6 % 4.9 % 19.07 21.73 71 1,889,766 4.6 % 4.9 % 13.25 14.36 291 840,699 4.5 % 5.0 % 32.13 38.30
2036+ 2,642 35,032,700 59.4 % 54.4 % 16.38 21.45 891 28,332,033 70.4 % 71.1 % 12.79 16.57 1,751 6,700,667 35.8 % 38.8 % 31.56 42.07
(1) ABR for leases whose future option rent is based on fair market value or on a percentage change in CPI is reported as the ABR for the last year of the current lease term.
ABR PSF includes the GLA of lessee-owned leasehold improvements.
LEASE RETENTION RATE AT NATURAL EXPIRATION
By Count By GLA
Twelve Months Ended 3/31/26 80.9% 86.9%
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 31
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MAJOR CBSA DETAIL ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
PROPERTIES BY LARGEST US CBSAs Percent of
Number of Percent Percent Number of Percent Percent
Largest US CBSAs by 2024 Population Properties GLA Billed Leased ABR ABR PSF Properties of GLA of ABR
Top 50 Largest US CBSAs by Population 240 42,963,303 91.3 % 94.8 % $ 761,291 $ 19.87 69.8 % 69.3 % 72.2 %
CBSAs Ranked 51 - 100 by Population 35 6,779,887 89.1 % 93.8 % 99,737 16.67 10.1 % 10.9 % 9.5 %
Other CBSAs 69 12,312,687 93.0 % 96.8 % 192,719 17.50 20.1 % 19.8 % 18.3 %
TOTAL 344 62,055,877 91.4 % 95.1 % $ 1,053,747 $ 19.05 100.0 % 100.0 % 100.0 %
BRIXMOR LARGEST CBSAs BY ABR
Percent of
CBSA Number of Percent Percent Number of Percent Percent
Largest CBSAs by ABR Rank Properties GLA Billed Leased ABR ABR PSF Properties of GLA of ABR
1 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 9 21 3,982,439 94.8 % 98.5 % $ 80,661 $ 23.67 6.0 % 6.5 % 7.8 %
2 New York-Newark-Jersey City, NY-NJ 1 27 3,224,651 84.3 % 90.8 % 75,859 26.22 7.7 % 5.3 % 7.3 %
3 Houston-Pasadena-The Woodlands, TX 5 26 3,864,843 90.2 % 94.0 % 67,431 18.74 7.5 % 6.3 % 6.3 %
4 Chicago-Naperville-Elgin, IL-IN 3 15 3,837,953 88.7 % 92.6 % 58,682 16.97 4.3 % 6.2 % 5.6 %
5 Dallas-Fort Worth-Arlington, TX 4 13 2,732,053 92.0 % 96.5 % 56,570 22.80 3.7 % 4.4 % 5.4 %
6 Los Angeles-Long Beach-Anaheim, CA 2 11 1,899,929 93.2 % 97.1 % 46,138 27.23 3.1 % 3.1 % 4.4 %
7 Atlanta-Sandy Springs-Roswell, GA 8 20 2,945,409 92.7 % 94.8 % 42,461 15.87 5.7 % 4.7 % 4.0 %
8 Tampa-St. Petersburg-Clearwater, FL 17 12 2,241,084 91.3 % 92.7 % 34,395 17.64 3.4 % 3.6 % 3.3 %
9 Cincinnati, OH-KY-IN 30 7 1,619,807 98.6 % 99.7 % 24,415 19.95 1.9 % 2.6 % 2.3 %
10 Denver-Aurora-Centennial, CO 19 7 1,476,204 89.5 % 95.0 % 23,119 17.85 1.9 % 2.4 % 2.2 %
10 Largest CBSAs by ABR — 159 27,824,372 91.2 % 94.9 % 509,731 20.65 45.2 % 45.1 % 48.6 %
11 Naples-Marco Island, FL 136 5 1,067,602 96.6 % 99.5 % 23,029 22.02 1.4 % 1.7 % 2.2 %
12 Orlando-Kissimmee-Sanford, FL 20 5 813,168 94.7 % 97.6 % 21,640 27.34 1.4 % 1.3 % 2.1 %
13 Riverside-San Bernardino-Ontario, CA 12 5 962,914 96.5 % 97.3 % 21,205 28.51 1.4 % 1.6 % 2.0 %
14 Miami-Fort Lauderdale-West Palm Beach, FL 6 7 1,051,536 86.2 % 94.8 % 19,877 20.49 2.0 % 1.7 % 1.9 %
15 San Diego-Chula Vista-Carlsbad, CA 18 3 657,898 94.3 % 98.7 % 18,575 28.84 0.9 % 1.1 % 1.8 %
16 Detroit-Warren-Dearborn, MI 14 7 1,366,128 96.2 % 97.3 % 17,868 14.73 2.0 % 2.2 % 1.7 %
17 Ann Arbor, MI 150 4 942,184 95.0 % 98.6 % 17,425 18.96 1.2 % 1.5 % 1.7 %
18 Minneapolis-St. Paul-Bloomington, MN-WI 16 8 1,086,642 93.9 % 95.1 % 16,540 17.67 2.3 % 1.8 % 1.6 %
19 Charlotte-Concord-Gastonia, NC-SC 21 4 1,301,437 92.8 % 97.0 % 16,540 14.40 1.2 % 2.1 % 1.6 %
20 Hartford-West Hartford-East Hartford, CT 51 4 876,628 86.0 % 89.7 % 13,630 17.71 1.2 % 1.4 % 1.3 %
20 Largest CBSAs by ABR — 211 37,950,509 91.7 % 95.3 % 696,060 20.56 60.2 % 61.5 % 66.5 %
21 Boston-Cambridge-Newton, MA-NH 11 6 771,163 93.3 % 94.2 % 13,205 18.19 1.7 % 1.2 % 1.3 %
22 Port St. Lucie, FL 106 5 692,612 95.4 % 97.8 % 12,095 18.03 1.5 % 1.1 % 1.1 %
23 Binghamton, NY 204 4 750,730 92.9 % 99.0 % 12,090 16.44 1.2 % 1.2 % 1.1 %
24 North Port-Bradenton-Sarasota, FL 62 5 745,713 94.0 % 99.1 % 12,069 16.48 1.5 % 1.2 % 1.1 %
25 Allentown-Bethlehem-Easton, PA-NJ 68 3 824,148 96.3 % 98.8 % 11,788 15.77 0.9 % 1.3 % 1.1 %
26 Vallejo, CA 120 1 519,266 92.7 % 93.1 % 11,575 24.14 0.3 % 0.8 % 1.1 %
27 Nashville-Davidson--Murfreesboro--Franklin, TN 34 4 771,283 96.9 % 98.3 % 11,575 15.33 1.2 % 1.2 % 1.1 %
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 32
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MAJOR CBSA DETAIL ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
BRIXMOR LARGEST CBSAs BY ABR
Percent of
CBSA Number of Percent Percent Number of Percent Percent
Largest CBSAs by ABR Rank Properties GLA Billed Leased ABR ABR PSF Properties of GLA of ABR
28 San Francisco-Oakland-Fremont, CA 13 2 506,513 68.3 % 69.3 % 10,941 31.37 0.6 % 0.8 % 1.0 %
29 Memphis, TN-MS-AR 46 1 649,252 94.8 % 96.0 % 10,291 17.39 0.3 % 1.0 % 1.0 %
30 Indianapolis-Carmel-Greenwood, IN 33 2 709,560 90.1 % 93.0 % 8,784 13.57 0.6 % 1.1 % 0.8 %
31 Jacksonville, FL 39 3 700,569 84.2 % 87.0 % 8,614 14.99 0.9 % 1.1 % 0.8 %
32 Louisville/Jefferson County, KY-IN 44 4 697,417 92.9 % 98.3 % 8,371 12.53 1.2 % 1.1 % 0.8 %
33 Raleigh-Cary, NC 41 3 462,319 98.8 % 99.2 % 8,044 17.63 0.9 % 0.7 % 0.8 %
34 Worcester, MA 70 3 526,403 95.2 % 97.0 % 7,227 16.82 0.9 % 0.8 % 0.7 %
35 Scranton--Wilkes-Barre, PA 104 2 618,431 96.8 % 100.0 % 6,681 24.37 0.6 % 1.0 % 0.6 %
36 Milwaukee-Waukesha, WI 42 3 520,769 92.8 % 93.8 % 6,599 13.53 0.9 % 0.8 % 0.6 %
37 Wilmington, NC 113 2 379,959 100.0 % 100.0 % 6,563 17.49 0.6 % 0.6 % 0.6 %
38 Greensboro-High Point, NC 79 1 407,244 96.2 % 98.8 % 6,466 16.07 0.3 % 0.7 % 0.6 %
39 Hilton Head Island-Bluffton-Port Royal, SC 205 3 321,481 82.2 % 98.3 % 6,284 19.88 0.9 % 0.5 % 0.6 %
40 Oxnard-Thousand Oaks-Ventura, CA 76 2 316,299 85.8 % 97.7 % 6,183 20.81 0.6 % 0.5 % 0.6 %
41 New Haven, CT 102 4 486,863 91.2 % 92.1 % 6,095 13.60 1.2 % 0.8 % 0.6 %
42 Atlantic City-Hammonton, NJ 154 2 315,530 91.7 % 99.4 % 5,789 18.46 0.6 % 0.5 % 0.5 %
43 Kiryas Joel-Poughkeepsie-Newburgh, NY 86 3 401,205 88.8 % 90.5 % 5,697 16.97 0.9 % 0.6 % 0.5 %
44 Spartanburg, SC 139 1 376,624 94.2 % 95.4 % 5,376 15.31 0.3 % 0.6 % 0.5 %
45 Cape Coral-Fort Myers, FL 73 1 281,822 97.3 % 98.6 % 5,252 19.40 0.3 % 0.5 % 0.5 %
46 Washington-Arlington-Alexandria, DC-VA-MD-WV 7 2 412,549 77.9 % 88.3 % 5,249 14.55 0.6 % 0.7 % 0.5 %
47 College Station-Bryan, TX 176 2 296,841 98.2 % 98.2 % 5,242 23.68 0.6 % 0.5 % 0.5 %
48 Manchester-Nashua, NH 130 2 234,324 97.3 % 97.8 % 4,999 23.48 0.6 % 0.4 % 0.5 %
49 Boulder, CO 163 1 275,919 90.4 % 99.0 % 4,955 18.14 0.3 % 0.4 % 0.5 %
50 Greenville-Anderson-Greer, SC 56 2 220,723 100.0 % 100.0 % 4,591 21.29 0.6 % 0.4 % 0.4 %
50 Largest CBSAs by ABR — 290 53,144,040 91.9 % 95.4 % 934,750 19.65 83.8 % 85.6 % 88.9 %
51 Norwich-New London-Willimantic, CT 177 1 245,533 87.4 % 92.5 % 4,496 20.24 0.3 % 0.4 % 0.4 %
52 Panama City-Panama City Beach, FL 212 2 403,492 99.0 % 99.3 % 4,494 11.39 0.6 % 0.7 % 0.4 %
53 Sacramento-Roseville-Folsom, CA 27 1 102,766 92.9 % 100.0 % 4,245 41.31 0.3 % 0.2 % 0.4 %
54 Bakersfield-Delano, CA 64 1 240,068 100.0 % 100.0 % 4,163 17.65 0.3 % 0.4 % 0.4 %
55 Dayton-Kettering-Beavercreek, OH 77 1 333,998 59.4 % 74.7 % 4,008 16.55 0.3 % 0.5 % 0.4 %
56 Cleveland, OH 35 2 221,051 99.4 % 99.4 % 3,930 18.30 0.6 % 0.4 % 0.4 %
57 Winston-Salem, NC 87 2 351,938 76.0 % 80.8 % 3,847 14.17 0.6 % 0.6 % 0.4 %
58 Greenville, NC 253 1 233,153 100.0 % 100.0 % 3,765 16.15 0.3 % 0.4 % 0.4 %
59 Springfield, MA 119 2 321,398 92.2 % 92.2 % 3,445 16.04 0.6 % 0.5 % 0.3 %
60 Virginia Beach-Chesapeake-Norfolk, VA-NC 38 1 150,014 83.7 % 87.1 % 3,366 26.05 0.3 % 0.2 % 0.3 %
61 Pittsfield, MA 335 1 188,493 99.1 % 100.0 % 3,276 17.38 0.3 % 0.3 % 0.3 %
62 Fresno, CA 49 1 200,166 96.2 % 99.1 % 3,271 16.49 0.3 % 0.3 % 0.3 %
63 Columbus, OH 32 2 277,000 94.6 % 95.5 % 3,186 12.44 0.6 % 0.4 % 0.3 %
64 Richmond, VA 45 1 152,279 92.0 % 99.3 % 3,184 21.07 0.3 % 0.2 % 0.3 %
65 Savannah, GA 128 2 214,679 97.3 % 97.3 % 3,070 14.69 0.6 % 0.3 % 0.3 % Supplemental Disclosure - Three Months Ended March 31, 2026 Page 33
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MAJOR CBSA DETAIL ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
BRIXMOR LARGEST CBSAs BY ABR
Percent of
CBSA Number of Percent Percent Number of Percent Percent
Largest CBSAs by ABR Rank Properties GLA Billed Leased ABR ABR PSF Properties of GLA of ABR
66 Roanoke, VA 167 2 311,149 100.0 % 100.0 % 3,060 12.13 0.6 % 0.5 % 0.3 %
67 Kansas City, MO-KS 31 2 286,525 96.7 % 97.7 % 2,923 10.44 0.6 % 0.5 % 0.3 %
68 Bridgeport-Stamford-Danbury, CT 60 1 180,507 83.3 % 94.1 % 2,897 19.27 0.3 % 0.3 % 0.3 %
69 Concord, NH 285 1 196,542 68.0 % 79.1 % 2,852 19.63 0.3 % 0.3 % 0.3 %
70 Duluth, MN-WI 181 1 183,105 83.3 % 93.0 % 2,554 15.00 0.3 % 0.3 % 0.2 %
71 Santa Maria-Santa Barbara, CA 124 1 166,696 100.0 % 100.0 % 2,547 15.28 0.3 % 0.3 % 0.2 %
72 Tucson, AZ 53 1 165,350 100.0 % 100.0 % 2,436 14.73 0.3 % 0.3 % 0.2 %
73 Flint, MI 140 1 164,632 100.0 % 100.0 % 2,367 14.48 0.3 % 0.3 % 0.2 %
74 Columbus, IN 439 1 143,740 96.9 % 98.1 % 2,363 16.77 0.3 % 0.2 % 0.2 %
75 Portland-South Portland, ME 103 1 287,459 81.5 % 97.6 % 2,315 20.64 0.3 % 0.5 % 0.2 %
76 Trenton-Princeton, NJ 143 1 149,993 100.0 % 100.0 % 2,301 15.34 0.3 % 0.2 % 0.2 %
77 Manhattan, KS 321 1 214,898 83.2 % 94.4 % 2,254 18.43 0.3 % 0.3 % 0.2 %
78 Ithaca, NY 382 1 204,405 71.1 % 94.6 % 2,153 11.13 0.3 % 0.3 % 0.2 %
79 Austin-Round Rock-San Marcos, TX 25 1 170,605 69.9 % 89.5 % 2,114 13.84 0.3 % 0.3 % 0.2 %
80 Deltona-Daytona Beach-Ormond Beach, FL 84 1 184,379 73.6 % 89.2 % 2,097 12.75 0.3 % 0.3 % 0.2 %
81 Crestview-Fort Walton Beach-Destin, FL 171 1 158,118 98.4 % 98.4 % 2,070 13.30 0.3 % 0.3 % 0.2 %
82 Toledo, OH 99 1 298,765 72.3 % 85.6 % 2,039 13.91 0.3 % 0.5 % 0.2 %
83 Rutland, VT 552 1 223,314 91.9 % 91.9 % 2,020 9.85 0.3 % 0.4 % 0.2 %
84 Palm Bay-Melbourne-Titusville, FL 91 1 131,243 88.0 % 89.4 % 1,964 16.74 0.3 % 0.2 % 0.2 %
85 Lexington Park, MD 230 1 92,335 100.0 % 100.0 % 1,943 21.04 0.3 % 0.1 % 0.2 %
86 Charleston-North Charleston, SC 71 1 174,094 94.9 % 98.6 % 1,928 11.38 0.3 % 0.3 % 0.2 %
87 Murrells Inlet, SC 519 1 120,453 96.4 % 96.4 % 1,800 15.51 0.3 % 0.2 % 0.2 %
88 Corbin, KY 301 1 166,026 99.0 % 99.0 % 1,658 10.08 0.3 % 0.3 % 0.2 %
89 Lansing-East Lansing, MI 116 1 160,946 86.6 % 86.6 % 1,555 11.15 0.3 % 0.3 % 0.1 %
90 Lafayette-West Lafayette, IN 214 1 132,027 100.0 % 100.0 % 1,545 11.70 0.3 % 0.2 % 0.1 %
91 Modesto, CA 107 1 87,124 75.1 % 100.0 % 1,460 17.25 0.3 % 0.1 % 0.1 %
92 Knoxville, TN 61 1 119,360 100.0 % 100.0 % 1,455 12.19 0.3 % 0.2 % 0.1 %
93 Corpus Christi, TX 122 1 84,667 95.3 % 95.3 % 1,438 17.83 0.3 % 0.1 % 0.1 %
94 St. Louis, MO-IL 23 1 137,408 69.6 % 71.2 % 1,423 15.04 0.3 % 0.2 % 0.1 %
95 Parkersburg-Vienna, WV 433 1 75,344 100.0 % 100.0 % 884 11.73 0.3 % 0.1 % 0.1 %
96 Muskegon-Norton Shores, MI 260 1 104,600 42.3 % 46.2 % 836 17.31 0.3 % 0.2 % 0.1 %
TOTAL — 344 62,055,877 91.4 % 95.1 % $ 1,053,747 $ 19.05 100.0 % 100.0 % 100.0 % Supplemental Disclosure - Three Months Ended March 31, 2026 Page 34
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PROPERTIES BY STATE ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Percent of
Number of Percent Percent Number of Percent Percent
State Properties GLA Billed Leased ABR ABR PSF Properties of GLA of ABR
1 Florida 48 8,471,338 91.9 % 95.3 % $ 147,596 $ 18.83 14.0 % 13.7 % 14.0 %
2 Texas 43 7,149,009 90.8 % 95.0 % 132,795 20.32 12.5 % 11.5 % 12.6 %
3 California 29 5,659,639 91.5 % 94.9 % 130,303 26.08 8.3 % 9.1 % 12.4 %
4 New York 27 3,447,258 86.5 % 94.5 % 77,961 24.47 7.7 % 5.5 % 7.4 %
5 Pennsylvania 21 4,234,478 94.6 % 98.7 % 76,604 22.48 6.1 % 6.8 % 7.3 %
6 Illinois 15 3,837,953 88.7 % 92.6 % 58,682 16.97 4.4 % 6.2 % 5.6 %
7 New Jersey 16 2,789,796 90.8 % 93.5 % 48,454 19.72 4.7 % 4.5 % 4.6 %
8 Georgia 22 3,160,088 93.0 % 94.9 % 45,531 15.79 6.4 % 5.1 % 4.3 %
9 North Carolina 13 3,136,050 93.6 % 96.3 % 45,225 15.67 3.8 % 5.1 % 4.3 %
10 Michigan 14 2,738,490 93.4 % 95.3 % 40,051 16.13 4.1 % 4.4 % 3.8 %
11 Colorado 8 1,752,123 89.6 % 95.7 % 28,074 17.90 2.3 % 2.8 % 2.7 %
12 Ohio 12 2,070,982 88.2 % 92.9 % 27,828 18.03 3.5 % 3.3 % 2.6 %
13 Connecticut 10 1,789,531 87.3 % 91.2 % 27,118 17.05 2.9 % 2.9 % 2.6 %
14 Massachusetts 11 1,657,193 94.2 % 95.2 % 25,502 18.01 3.2 % 2.7 % 2.4 %
15 Tennessee 6 1,539,895 96.3 % 97.5 % 23,321 15.91 1.7 % 2.5 % 2.2 %
16 South Carolina 8 1,213,375 92.4 % 97.6 % 19,979 17.10 2.3 % 2.0 % 1.9 %
17 Kentucky 6 1,543,082 96.0 % 99.1 % 19,779 14.41 1.7 % 2.5 % 1.9 %
18 Minnesota 9 1,269,747 92.3 % 94.8 % 19,094 17.26 2.6 % 2.0 % 1.8 %
19 Indiana 4 985,327 92.5 % 94.7 % 12,692 13.79 1.2 % 1.6 % 1.2 %
20 Virginia 5 746,349 91.4 % 93.9 % 10,715 16.73 1.5 % 1.2 % 1.0 %
21 New Hampshire 4 581,130 86.9 % 90.9 % 9,502 18.95 1.2 % 0.9 % 0.9 %
22 Wisconsin 3 520,769 92.8 % 93.8 % 6,599 13.53 0.9 % 0.8 % 0.6 %
23 Maryland 2 371,977 82.9 % 93.8 % 6,087 17.63 0.6 % 0.6 % 0.6 %
24 Missouri 3 423,933 87.9 % 89.1 % 4,346 11.60 0.9 % 0.7 % 0.4 %
25 Arizona 1 165,350 100.0 % 100.0 % 2,436 14.73 0.3 % 0.3 % 0.2 %
26 Maine 1 287,459 81.5 % 97.6 % 2,315 20.64 0.3 % 0.5 % 0.2 %
27 Kansas 1 214,898 83.2 % 94.4 % 2,254 18.43 0.3 % 0.3 % 0.2 %
28 Vermont 1 223,314 91.9 % 91.9 % 2,020 9.85 0.3 % 0.4 % 0.2 %
29 West Virginia 1 75,344 100.0 % 100.0 % 884 11.73 0.3 % 0.1 % 0.1 %
TOTAL 344 62,055,877 91.4 % 95.1 % $ 1,053,747 $ 19.05 100.0 % 100.0 % 100.0 %
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 35
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PROPERTY LIST ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
1 Northmall Centre Tucson AZ Tucson, AZ 1996 165,350 100.0 % $ 2,436 $ 14.73 Sam's Club* Ace Pickleball Club, Big 5 Sporting Goods, CareMore, Defy-Tucson, Dollar Tree —
2 Bakersfield Plaza Bakersfield CA Bakersfield-Delano, CA 1970 240,068 100.0 % 4,163 17.65 Lassens Natural Foods & Vitamins AMC, Burlington Stores, Five Below, In Shape Fitness, Kids Empire, Ross Dress for Less Hobby Lobby
3 Brea Gateway Brea CA Los Angeles-Long Beach-Anaheim, CA 1994 181,819 100.0 % 5,862 32.69 Ralphs (Kroger) Boot Barn, HomeGoods, World Market —
4 Carmen Plaza Camarillo CA Oxnard-Thousand Oaks-Ventura, CA 2000 128,369 95.2 % 3,301 28.57 Trader Joe's* CVS, Harbor Freight Tools —
5 Plaza Rio Vista Cathedral CA Riverside-San Bernardino-Ontario, CA 2005 75,415 98.3 % 1,638 24.68 Stater Bros. — —
6 Chino Spectrum Towne Center Chino CA Riverside-San Bernardino-Ontario, CA 2002 461,246 95.3 % 9,938 32.10 H Mart, Sam's Club*, Walmart Supercenter* Best Buy, BevMo, Big 5 Sporting Goods, DSW, Kohl's, Marshalls, Nordstrom Rack, Skechers, Tilly's, Ulta —
7 Cudahy Plaza Cudahy CA Los Angeles-Long Beach-Anaheim, CA 2021 123,200 100.0 % 3,214 26.09 Sprouts Farmers Market Burlington Stores, Chuze Fitness —
8 The Davis Collection Davis CA Sacramento-Roseville-Folsom, CA 2025 102,766 100.0 % 4,245 41.31 Trader Joe's Nordstrom Rack, PetSmart, Ulta —
9 Felicita Plaza Escondido CA San Diego-Chula Vista-Carlsbad, CA 2001 98,594 94.9 % 1,745 18.64 Vons (Albertsons) Chuze Fitness —
10 Felicita Town Center Escondido CA San Diego-Chula Vista-Carlsbad, CA 1987 124,670 97.2 % 3,561 29.39 Major Market, Trader Joe's FunBox —
11 Arbor Faire Fresno CA Fresno, CA 1995 200,166 99.1 % 3,271 16.49 Smart & Final Extra! (Chedraui USA) Boot Barn, PetSmart, The Home Depot DICK's Sporting Goods
12 Lompoc Center Lompoc CA Santa Maria-Santa Barbara, CA 1960 166,696 100.0 % 2,547 15.28 ALDI Boot Barn, Harbor Freight Tools, Marshalls, Michaels, Old Navy, Petco, Ulta —
13 Briggsmore Plaza Modesto CA Modesto, CA 1998 87,124 100.0 % 1,460 17.25 Grocery Outlet dd's Discounts (Ross), Ross Dress for Less In Shape Fitness
14 Montebello Plaza Montebello CA Los Angeles-Long Beach-Anaheim, CA 1974 284,331 94.4 % 6,207 23.31 Albertsons Best Buy, CVS, Kohl's, Optum Urgent Care, Ross Dress for Less —
15 California Oaks Center Murrieta CA Riverside-San Bernardino-Ontario, CA 1990 124,481 100.0 % 2,638 21.86 Barons Market Dollar Tree, UFC Gym —
16 Pacoima Center Pacoima CA Los Angeles-Long Beach-Anaheim, CA 1995 215,930 100.0 % 2,985 13.99 Food 4 Less (Kroger) AutoZone, Ross Dress for Less, Target —
17 Metro 580 Pleasanton CA San Francisco-Oakland-Fremont, CA 1996 177,573 12.5 % 655 29.56 — — Walmart
18 Rose Pavilion Pleasanton CA San Francisco-Oakland-Fremont, CA 2019 328,940 100.0 % 10,286 31.49 99 Ranch Market, Trader Joe's CVS, Fitness 19, Macy's Home Store, Restoration Hardware, Total Wine & More —
19 Puente Hills Town Center Rowland Heights CA Los Angeles-Long Beach-Anaheim, CA 2025 258,685 96.3 % 7,101 28.50 ALDI Dollar Tree, East West Bank, Goodwill, Marshalls/HomeGoods, Planet Fitness —
20 Ocean View Plaza San Clemente CA Los Angeles-Long Beach-Anaheim, CA 1990 169,963 97.3 % 5,851 35.37 Ralphs (Kroger), Trader Joe's Crunch Fitness, CVS —
21 Plaza By The Sea San Clemente CA Los Angeles-Long Beach-Anaheim, CA 1976 48,697 100.0 % 1,495 30.70 Stater Bros. — —
22 Village at Mira Mesa San Diego CA San Diego-Chula Vista-Carlsbad, CA 2023 434,634 100.0 % 13,269 30.91 Sprouts Farmers Market, Vons (Albertsons) BevMo, Burlington Stores, Childtime Childcare, CVS, Marshalls, Michaels, Petco —
23 San Dimas Plaza San Dimas CA Los Angeles-Long Beach-Anaheim, CA 1986 163,433 97.4 % 4,394 27.61 Smart & Final Extra! (Chedraui USA) Harbor Freight Tools, T.J.Maxx Big 5 Sporting Goods, Burlington Stores
24 Bristol Plaza Santa Ana CA Los Angeles-Long Beach-Anaheim, CA 2003 111,403 82.0 % 3,551 39.86 Trader Joe's Petco, Ross Dress for Less —
25 Gateway Plaza Santa Fe Springs CA Los Angeles-Long Beach-Anaheim, CA 2002 289,268 100.0 % 4,105 27.60 El Super (Chedraui USA), Walmart Supercenter Five Below, Ross Dress for Less Target
26 Santa Paula Center Santa Paula CA Oxnard-Thousand Oaks-Ventura, CA 1995 187,930 99.4 % 2,882 15.87 Vons (Albertsons) Ace Hardware, Big 5 Sporting Goods, CVS, Dollar Tree, Planet Fitness, Regency Theaters —
27 Vail Ranch Center Temecula CA Riverside-San Bernardino-Ontario, CA 2024 201,682 98.4 % 4,392 29.70 Stater Bros. Burlington Stores, Dollar Tree, Five Below, Harbor Freight Tools, Kahoots —
28 Country Hills Shopping Center Torrance CA Los Angeles-Long Beach-Anaheim, CA 1977 53,200 97.7 % 1,373 26.43 Ralphs (Kroger) — —
29 Upland Town Square Upland CA Riverside-San Bernardino-Ontario, CA 1994 100,090 100.0 % 2,599 26.22 Sprouts Farmers Market — —
30 Gateway Plaza - Vallejo (2) Vallejo CA Vallejo, CA 2023 519,266 93.1 % 11,575 24.14 Costco* Boot Barn, Century Theatres, City Sports Club, DSW, Mancini's Sleepworld, Marshalls, Michaels, Petco, PetSmart, Ross Dress for Less, Sky Zone, Ulta Target
31 Arvada Plaza Arvada CO Denver-Aurora-Centennial, CO 1994 93,904 100.0 % 1,057 11.63 King Soopers (Kroger) Arc —
32 Arapahoe Crossings Aurora CO Denver-Aurora-Centennial, CO 1996 476,299 87.7 % 7,700 18.64 King Soopers (Kroger) 2nd & Charles, Ace Hardware, Ace Pickleball, Activate, AMC, Boot Barn, Burlington Stores, Goldfish Swim School, Hobby Lobby, Planet Fitness —
33 Aurora Plaza Aurora CO Denver-Aurora-Centennial, CO 1996 178,013 100.0 % 2,443 14.21 King Soopers (Kroger) Chuze Fitness, Gen X —
34 Broomfield Town Centre Broomfield CO Denver-Aurora-Centennial, CO 1998 175,368 94.1 % 3,138 21.22 King Soopers (Kroger) Petco Home Depot
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 36
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PROPERTY LIST ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
35 Villa Monaco Denver CO Denver-Aurora-Centennial, CO 1978 121,101 96.6 % 2,122 18.13 — Chuze Fitness —
36 Centennial Shopping Center Englewood CO Denver-Aurora-Centennial, CO 2013 113,830 100.0 % 1,447 39.63 King Soopers (Kroger) — —
37 Superior Marketplace Superior CO Boulder, CO 1997 275,919 99.0 % 4,955 18.14 Whole Foods Market (Amazon), Costco*, SuperTarget* Barnes & Noble, Boot Barn, Chuck E. Cheese, Goldfish Swim School, Michaels, PetSmart, Stickley Furniture, T.J.Maxx, Ulta —
38 Westminster City Center Westminster CO Denver-Aurora-Centennial, CO 2024 317,689 100.0 % 5,212 16.41 Trader Joe's Barnes & Noble, Cavender's Boot City, David's Bridal, Dollar Tree, DSW, Golf Galaxy, Hyper Kidz, Petco, Ross Dress for Less, Sierra Trading Post, The Tile Shop, Ulta —
39 The Shoppes at Fox Run Glastonbury CT Hartford-West Hartford-East Hartford, CT 1974 108,167 92.9 % 3,011 29.96 Whole Foods Market (Amazon) Petco —
40 Parkway Plaza Hamden CT New Haven, CT 2006 72,353 100.0 % 1,151 15.91 Price Rite Marketplace (Wakefern) — The Home Depot
41 The Manchester Collection (2) Manchester CT Hartford-West Hartford-East Hartford, CT 2001 310,649 86.4 % 3,356 13.34 Walmart Supercenter* Advance Auto Parts, Dollar Tree, DSW, Edge Fitness, Lava Island, Pickleball Kingdom, Savers —
42 The Plaza at Buckland Hills Manchester CT Hartford-West Hartford-East Hartford, CT 1987 307,918 89.0 % 5,569 20.31 Trader Joe's Burlington Stores, Dollar Tree, K&G Fashion, Marshalls, Michaels, Nordstrom Rack, PetSmart, Total Wine & More, Ulta —
43 Turnpike Plaza Newington CT Hartford-West Hartford-East Hartford, CT 2004 149,894 95.7 % 1,694 11.81 Price Chopper (Northeast Grocery) — —
44 North Haven Crossing North Haven CT New Haven, CT 1993 102,787 93.8 % 1,728 17.93 — Barnes & Noble, Dollar Tree, HomeGoods, PetSmart —
45 Colonial Commons - Orange Orange CT New Haven, CT 1996 133,786 86.2 % 594 5.15 — — —
46 Stratford Square Stratford CT Bridgeport-Stamford-Danbury, CT 1984 180,507 94.1 % 2,897 19.27 ALDI Esporta Fitness, Five Below, Marshalls —
47 Waterbury Plaza Waterbury CT New Haven, CT 2000 177,937 92.3 % 2,622 15.97 Super Stop & Shop (Ahold Delhaize) Dollar Tree, Joey'z Shopping Spree Target
48 Waterford Commons Waterford CT Norwich-New London-Willimantic, CT 2004 245,533 92.5 % 4,496 20.24 — Books-A-Million, DICK'S Sporting Goods, DSW, Michaels, Tractor Supply Co., Ulta Best Buy, Raymour & Flanigan
49 Center of Bonita Springs Bonita Springs FL Cape Coral-Fort Myers, FL 2014 281,822 98.6 % 5,252 19.40 Publix bealls, Burlington Stores, Gold's Gym, Kohl's, Naples Community Hospital, NewSouth Window Solutions —
50 Coastal Way - Coastal Landing (2) Brooksville FL Tampa-St. Petersburg-Clearwater, FL 2008 393,249 100.0 % 6,746 20.10 BJ's Wholesale Club, Sprouts Farmers Market Belk, Burlington Stores, HomeGoods, Marshalls, Michaels, Petco, Ulta —
51 Clearwater Mall Clearwater FL Tampa-St. Petersburg-Clearwater, FL 1973 300,729 97.5 % 7,965 27.15 Costco*, SuperTarget* Burlington Stores, Dollar Tree, Five Below, Golf Galaxy, Michaels, PetSmart, Ross Dress for Less, Ulta Lowe's
52 Coconut Creek Plaza Coconut Creek FL Miami-Fort Lauderdale-West Palm Beach, FL 2005 263,646 92.7 % 4,501 18.57 Publix Burlington Stores, Harvest Church, Off the Wall Trampoline, Planet Fitness, Sanitas Medical Center —
53 Century Plaza Shopping Center Deerfield Beach FL Miami-Fort Lauderdale-West Palm Beach, FL 2006 90,483 86.2 % 2,120 27.17 — Broward County Library, CVS —
54 Northgate Shopping Center DeLand FL Deltona-Daytona Beach-Ormond Beach, FL 1993 184,379 89.2 % 2,097 12.75 Publix Marshalls, Planet Fitness, Tractor Supply Co. —
55 Sun Plaza Fort Walton Beach FL Crestview-Fort Walton Beach-Destin, FL 2004 158,118 98.4 % 2,070 13.30 Publix, ALDI* bealls, Books-A-Million, Office Depot, T.J.Maxx —
56 Normandy Square Jacksonville FL Jacksonville, FL 1996 89,822 100.0 % 963 11.04 Winn-Dixie (The Winn-Dixie Company) Ace Hardware, Family Dollar —
57 Regency Park Shopping Center Jacksonville FL Jacksonville, FL 1985 334,647 80.3 % 3,207 13.25 NetCost Market bealls, Crunch Fitness, Dollar Tree, Ollie's Bargain Outlet, Surplus Warehouse —
58 Ventura Downs Kissimmee FL Orlando-Kissimmee-Sanford, FL 2018 98,191 100.0 % 2,225 22.66 — Esporta Fitness, La Familia Pawn & Jewelry —
59 Marketplace at Wycliffe Lake Worth FL Miami-Fort Lauderdale-West Palm Beach, FL 2002 135,820 100.0 % 3,009 22.54 Walmart Neighborhood Market Walgreens —
60 Venetian Isle Shopping Ctr Lighthouse Point FL Miami-Fort Lauderdale-West Palm Beach, FL 1992 185,675 94.8 % 2,092 12.07 Publix Dollar Tree, Staples —
61 Marco Town Center Marco Island FL Naples-Marco Island, FL 2023 109,545 98.8 % 3,364 31.08 Publix — —
62 Shops at Palm Lakes Miami FL Miami-Fort Lauderdale-West Palm Beach, FL 2023 231,536 100.0 % 5,339 25.20 Fresco y Más dd's Discounts (Ross), LA Fitness, Ross Dress for Less —
63 Freedom Square Naples FL Naples-Marco Island, FL 2021 193,242 99.5 % 2,872 14.94 Publix Burlington Stores, HomeGoods, Planet Fitness —
64 Granada Shoppes Naples FL Naples-Marco Island, FL 2011 306,579 99.2 % 6,452 21.23 Trader Joe's Chuck E. Cheese, Connors Steak and Seafood, Dollar Tree, Haverty's Furniture, Hobby Lobby, HomeSense, Marshalls —
65 Naples Plaza Naples FL Naples-Marco Island, FL 2013 201,795 100.0 % 4,537 22.87 Publix Marshalls, Office Depot, PGA TOUR Superstore, West Marine —
66 Park Shore Plaza Naples FL Naples-Marco Island, FL 2017 256,441 100.0 % 5,804 23.88 The Fresh Market Barnes & Noble, Burlington Stores, Dollar Tree, HomeGoods, Sierra Trading Post —
67 Chelsea Place New Port Richey FL Tampa-St. Petersburg-Clearwater, FL 1992 81,144 91.1 % 1,062 14.37 Publix — —
68 Colonial Marketplace Orlando FL Orlando-Kissimmee-Sanford, FL 1986 141,069 100.0 % 2,449 17.36 — LA Fitness, Sierra Trading Post Target Supplemental Disclosure - Three Months Ended March 31, 2026 Page 37
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PROPERTY LIST ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
69 Conway Crossing Orlando FL Orlando-Kissimmee-Sanford, FL 2002 76,321 100.0 % 1,307 17.13 Publix — —
70 Hunter's Creek Plaza Orlando FL Orlando-Kissimmee-Sanford, FL 1998 74,583 100.0 % 1,464 20.14 Seabra Foods Office Depot —
71 Pointe Orlando (3) Orlando FL Orlando-Kissimmee-Sanford, FL 2026 423,004 95.3 % 14,195 35.20 — Activate, Capital Grille, Cuba Libre, Dick's Last Resort, FunnyBone, Hampton Social, Main Event, Maggiano's Little Italy, Monkey Joe's, Museum of Ice Cream, Regal Cinemas, Rodizio Grill, Sports & Social, Wonderworks —
72 Martin Downs Town Center Palm City FL Port St. Lucie, FL 1996 64,546 100.0 % 881 13.65 Publix — —
73 Martin Downs Village Center (2) Palm City FL Port St. Lucie, FL 1987 167,145 96.0 % 3,834 24.89 — Goodwill, Walgreens —
74 23rd Street Station Panama City FL Panama City-Panama City Beach, FL 1995 98,827 98.7 % 1,614 16.55 Publix — —
75 Panama City Square Panama City FL Panama City-Panama City Beach, FL 1989 304,665 99.5 % 2,880 9.69 Walmart Supercenter Harbor Freight Tools, HomeGoods, T.J.Maxx —
76 East Port Plaza Port St. Lucie FL Port St. Lucie, FL 2024 214,489 99.2 % 3,491 16.41 Publix Fortis Institute, Goodwill, Urban Air Adventure Park, Walgreens —
77 Shoppes of Victoria Square Port St. Lucie FL Port St. Lucie, FL 1990 95,186 97.5 % 1,459 15.73 Winn-Dixie (ALDI) — —
78 Lake St. Charles Riverview FL Tampa-St. Petersburg-Clearwater, FL 1999 61,015 100.0 % 820 14.38 Winn-Dixie (The Winn-Dixie Company) — —
79 Cobblestone Village Royal Palm Beach FL Miami-Fort Lauderdale-West Palm Beach, FL 2005 39,404 96.4 % 967 25.44 SuperTarget* — —
80 Beneva Village Shoppes Sarasota FL North Port-Bradenton-Sarasota, FL 2020 144,078 100.0 % 3,074 21.34 Publix Archwell Health, Fitness Premier, Harbor Freight Tools —
81 Sarasota Village Sarasota FL North Port-Bradenton-Sarasota, FL 1972 173,654 98.7 % 2,446 14.63 Publix Crunch Fitness, HomeGoods, Ross Dress For Less —
82 Atlantic Plaza Satellite Beach FL Palm Bay-Melbourne-Titusville, FL 2008 131,243 89.4 % 1,964 16.74 Publix Home Centric, Planet Fitness —
83 Seminole Plaza Seminole FL Tampa-St. Petersburg-Clearwater, FL 2020 156,718 100.0 % 2,290 14.61 Sprouts Farmers Market bealls, Burlington Stores, T.J.Maxx —
84 Cobblestone Village St. Augustine FL Jacksonville, FL 2003 276,100 90.9 % 4,444 18.12 Publix Bealls Florida, Burlington Stores, Michaels, Petco —
85 Dolphin Village St. Pete Beach FL Tampa-St. Petersburg-Clearwater, FL 1990 135,796 77.6 % 2,192 21.24 Publix CVS —
86 Rutland Plaza St. Petersburg FL Tampa-St. Petersburg-Clearwater, FL 2002 149,562 98.8 % 1,329 8.99 Winn-Dixie (ALDI) bealls —
87 Tyrone Gardens St. Petersburg FL Tampa-St. Petersburg-Clearwater, FL 2023 174,015 81.4 % 2,285 16.12 Winn-Dixie (The Winn-Dixie Company) Chuck E. Cheese, Crunch Fitness —
88 Downtown Publix Stuart FL Port St. Lucie, FL 2000 151,246 96.9 % 2,430 16.58 Publix Revive Health & Wellness —
89 Sunrise Town Center (3) Sunrise FL Miami-Fort Lauderdale-West Palm Beach, FL 2026 104,972 88.7 % 1,849 19.86 Patel Brothers, Publix Dollar Tree Walmart
90 Britton Plaza Tampa FL Tampa-St. Petersburg-Clearwater, FL 1958 465,639 85.9 % 3,713 11.01 Publix Burlington Stores, Conviva Care Center, Dollar Tree, Marshalls, Michaels, Pet Supermarket —
91 Carrollwood Center Tampa FL Tampa-St. Petersburg-Clearwater, FL 2002 92,678 93.4 % 1,922 22.20 Publix Phenix Salon Suites —
92 Ross Plaza Tampa FL Tampa-St. Petersburg-Clearwater, FL 1996 84,707 98.5 % 1,520 18.22 — Dollar Tree, Ross Dress for Less —
93 Shoppes at Tarpon Tarpon Springs FL Tampa-St. Petersburg-Clearwater, FL 2003 145,832 91.6 % 2,551 19.11 Publix Petco, T.J.Maxx —
94 Venice Plaza Venice FL North Port-Bradenton-Sarasota, FL 1999 140,345 97.6 % 1,216 8.88 ALDI T.J.Maxx/HomeGoods —
95 Venice Shopping Center Venice FL North Port-Bradenton-Sarasota, FL 2000 109,801 100.0 % 1,097 9.99 Publix — —
96 Venice Village Venice FL North Port-Bradenton-Sarasota, FL 2022 177,835 99.4 % 4,236 24.31 Publix Gifts and More at The Paper Store, Planet Fitness —
97 Mansell Crossing Alpharetta GA Atlanta-Sandy Springs-Roswell, GA 1993 291,622 83.7 % 4,293 25.54 — Barnes & Noble, Cooper's Hawk Winery & Restaurant, DSW, Macy's Furniture Gallery, REI, T.J.Maxx Burlington Stores, HomeGoods, Michaels, Ross Dress for Less, Studio Movie Grill
98 Northeast Plaza Atlanta GA Atlanta-Sandy Springs-Roswell, GA 1952 425,977 95.1 % 6,369 16.10 City Farmers Market Burlington Stores, dd's Discounts (Ross), Dollar General, Dollar Tree, Goodwill, NCG Cinemas, Octapharma —
99 Sweetwater Village Austell GA Atlanta-Sandy Springs-Roswell, GA 1985 66,197 96.0 % 598 9.41 Food Depot Dollar Tree —
100 Vineyards at Chateau Elan Braselton GA Atlanta-Sandy Springs-Roswell, GA 2002 79,047 96.6 % 1,333 17.46 — — —
101 Salem Road Station Covington GA Atlanta-Sandy Springs-Roswell, GA 2000 67,270 100.0 % 894 13.29 Publix — —
102 Keith Bridge Commons Cumming GA Atlanta-Sandy Springs-Roswell, GA 2002 94,886 96.6 % 1,441 15.72 Kroger — —
103 Cosby Station Douglasville GA Atlanta-Sandy Springs-Roswell, GA 1994 77,811 94.8 % 886 12.01 Publix — —
104 Park Plaza Douglasville GA Atlanta-Sandy Springs-Roswell, GA 1986 46,670 81.1 % 797 21.14 Kroger* — — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 38
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PROPERTY LIST ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
105 Banks Station Fayetteville GA Atlanta-Sandy Springs-Roswell, GA 2006 178,871 91.9 % 1,605 11.34 Food Depot Staples —
106 Barrett Place Kennesaw GA Atlanta-Sandy Springs-Roswell, GA 1992 220,787 99.1 % 3,153 14.80 ALDI Best Buy, Michaels, Nordstrom Rack, PetSmart —
107 Shops of Huntcrest Lawrenceville GA Atlanta-Sandy Springs-Roswell, GA 2003 97,040 95.3 % 1,446 15.64 Publix — —
108 Mableton Walk Mableton GA Atlanta-Sandy Springs-Roswell, GA 1994 105,884 89.8 % 1,545 16.25 — — —
109 The Village at Mableton Mableton GA Atlanta-Sandy Springs-Roswell, GA 2023 221,201 96.2 % 2,625 12.34 — Burlington Stores, DashMart, dd's Discounts (Ross), Dollar Tree, Five Below, Michaels, Ollie's Bargain Outlet, Planet Fitness, Ross Dress for Less —
110 Eastlake Plaza Marietta GA Atlanta-Sandy Springs-Roswell, GA 1982 56,176 100.0 % 1,074 19.54 — Crunch Fitness —
111 New Chastain Corners Marietta GA Atlanta-Sandy Springs-Roswell, GA 2004 113,079 92.1 % 1,396 13.40 Kroger — —
112 Pavilions at Eastlake Marietta GA Atlanta-Sandy Springs-Roswell, GA 1996 144,351 94.9 % 2,330 17.01 Kroger — —
113 ConneXion Roswell GA Atlanta-Sandy Springs-Roswell, GA 2016 105,791 98.4 % 2,312 22.20 — Planet Fitness —
114 Holcomb Bridge Crossing Roswell GA Atlanta-Sandy Springs-Roswell, GA 1988 93,420 100.0 % 1,129 12.09 — PGA TOUR Superstore —
115 Kings Market Roswell GA Atlanta-Sandy Springs-Roswell, GA 2005 275,144 97.6 % 3,667 13.66 Publix Ace Pickleball Club, Frontgate, Sky Zone —
116 Victory Square Savannah GA Savannah, GA 2007 113,217 98.6 % 1,886 16.90 SuperTarget* Citi Trends, Dollar Tree, NCG Cinemas, Staples The Home Depot
117 Stockbridge Village Stockbridge GA Atlanta-Sandy Springs-Roswell, GA 2008 184,185 100.0 % 3,568 19.37 Kroger DaVita Dialysis —
118 Wilmington Island Wilmington Island GA Savannah, GA 1985 101,462 95.9 % 1,184 12.17 Kroger — —
119 Annex of Arlington Arlington Heights IL Chicago-Naperville-Elgin, IL-IN 1999 199,663 95.8 % 4,228 22.11 Trader Joe's Binny's Beverage Depot, Chuck E. Cheese, Dollar Tree, Kirkland's, Petco, Ulta —
120 Ridge Plaza Arlington Heights IL Chicago-Naperville-Elgin, IL-IN 2000 151,643 100.0 % 2,770 18.27 Swadeshi Harbor Freight Tools, Slick City Kohl's
121 Southfield Plaza Bridgeview IL Chicago-Naperville-Elgin, IL-IN 2006 196,445 99.5 % 2,591 13.26 Shop & Save Market (Albertsons) Hobby Lobby, Octapharma, Planet Fitness, Walgreens —
122 Commons of Chicago Ridge Chicago Ridge IL Chicago-Naperville-Elgin, IL-IN 1998 211,105 97.1 % 3,012 16.49 — Discovery Clothing, Dollar Tree, KPot Korean BBQ & Hot Pot, Marshalls, Pep Boys, Ross Dress for Less, Shoe Carnival, XSport Fitness The Home Depot
123 Rivercrest Shopping Center Crestwood IL Chicago-Naperville-Elgin, IL-IN 1992 537,964 93.0 % 5,924 12.57 Tony's Fresh Market (Heritage Grocers) AMC, Burlington Stores, Dollar Tree, Hollywood Park, National Tire & Battery, OfficeMax, PetSmart, Planet Fitness, Ross Dress for Less, Skechers —
124 The Commons of Crystal Lake Crystal Lake IL Chicago-Naperville-Elgin, IL-IN 1987 273,060 80.1 % 2,919 13.35 Jewel-Osco (Albertsons) Harbor Freight Tools, VASA Fitness Hobby Lobby
125 Elmhurst Crossing Elmhurst IL Chicago-Naperville-Elgin, IL-IN 2005 347,503 100.0 % 5,252 15.11 Whole Foods Market (Amazon) At Home, Five Below, Kohl's, Petco, Shoe Carnival —
126 The Quentin Collection Kildeer IL Chicago-Naperville-Elgin, IL-IN 2006 171,530 82.3 % 2,083 14.76 — Bear Paddle Swim School, Lava Island, Painted Tree Marketplace —
127 Butterfield Square Libertyville IL Chicago-Naperville-Elgin, IL-IN 1997 106,683 84.5 % 1,453 16.12 Sunset Foods — —
128 High Point Centre Lombard IL Chicago-Naperville-Elgin, IL-IN 2019 240,345 70.1 % 2,608 15.49 — Altitude Trampoline Park, LA Fitness —
129 Long Meadow Commons Mundelein IL Chicago-Naperville-Elgin, IL-IN 1997 118,281 93.8 % 1,820 17.31 Jewel-Osco (Albertsons) Planet Fitness —
130 Westridge Court / Block 59 (2) (3) Naperville IL Chicago-Naperville-Elgin, IL-IN 2026 547,006 97.4 % 12,701 25.37 — Discovery Clothing, Edge Fitness, Five Below, La-Z-Boy Furniture, L.L.Bean, Momentum Climbing Gym, Painted Tree Marketplace, Star Cinema Grille, Ulta, Walter E. Smithe, Wayfair Outlet, World Market —
131 North Riverside Plaza North Riverside IL Chicago-Naperville-Elgin, IL-IN 2007 387,873 94.5 % 4,752 12.96 — Best Buy, Burlington Stores, Kohl's, Michaels, Petco, Ulta —
132 Ravinia Plaza Orland Park IL Chicago-Naperville-Elgin, IL-IN 1990 102,289 100.0 % 2,511 24.55 Whole Foods Market (Amazon) Skechers —
133 Tinley Park Plaza (3) Tinley Park IL Chicago-Naperville-Elgin, IL-IN 2026 246,563 93.5 % 4,058 17.97 — Burlington Stores, Dollar Tree, Planet Fitness, Ross Dress for Less, The Tile Shop —
134 Meridian Village Carmel IN Indianapolis-Carmel-Greenwood, IN 1990 130,431 100.0 % 1,562 11.98 — Ollie's Bargain Outlet —
135 Columbus Center Columbus IN Columbus, IN 1964 143,740 98.1 % 2,363 16.77 — Burlington Stores, Five Below, HomeGoods, T.J.Maxx Target
136 Speedway Super Center Speedway IN Indianapolis-Carmel-Greenwood, IN 2022 579,129 91.4 % 7,222 13.97 Kroger Aaron's, Burlington Stores, Dollar Tree, Empire Beauty School, Harbor Freight Tools, HealthNet, Indiana Bureau of Motor Vehicles, Kohl's, Mattress Firm, Oak Street Health, Petco, pOpshelf, Ross Dress for Less, T.J.Maxx —
137 Sagamore Park Centre West Lafayette IN Lafayette-West Lafayette, IN 2018 132,027 100.0 % 1,545 11.70 Pay Less (Kroger) — —
138 West Loop Shopping Center Manhattan KS Manhattan, KS 2013 214,898 94.4 % 2,254 18.43 Dillons (Kroger) Marshalls, Sierra Trading Post — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 39
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PROPERTY LIST ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
139 Florence Plaza - Florence Square (2) Florence KY Cincinnati, OH-KY-IN 2014 679,639 100.0 % 9,750 18.05 Kroger Aaron's, Barnes & Noble, Bob's Discount Furniture, Boot Barn, Burlington Stores, Chuck E. Cheese, Five Below, Harbor Freight Tools, Hobby Lobby, HomeGoods, KPot Korean BBQ & Hot Pot, Old Navy, Ollie's Bargain Outlet, Ross Dress for Less, Shoe Carnival, Sierra Trading Post, Staples, T.J.Maxx, Ulta —
140 Jeffersontown Commons Jeffersontown KY Louisville/Jefferson County, KY-IN 1959 205,888 98.6 % 2,027 10.51 — Ace Pickleball Club, CVS, Dollar Tree, Tractor Supply Co. —
141 London Marketplace London KY Corbin, KY 1994 166,026 99.0 % 1,658 10.08 Kroger bealls, Kohl's, Marshalls, Planet Fitness —
142 Eastgate Shopping Center Louisville KY Louisville/Jefferson County, KY-IN 2002 174,842 98.6 % 2,236 12.98 Kroger Petco —
143 Plainview Village Louisville KY Louisville/Jefferson County, KY-IN 1997 157,747 96.1 % 1,939 13.47 Kroger Anytime Fitness —
144 Stony Brook I & II Louisville KY Louisville/Jefferson County, KY-IN 1988 158,940 100.0 % 2,169 13.65 Kroger Marketplace — —
145 Acton Plaza Acton MA Boston-Cambridge-Newton, MA-NH 1972 137,572 97.8 % 2,779 20.65 Roche Bros T.J.Maxx/HomeGoods —
146 Points West Plaza Brockton MA Boston-Cambridge-Newton, MA-NH 1960 140,488 93.2 % 1,212 9.26 America's Food Basket Citi Trends, Crunch Fitness —
147 Burlington Square I, II & III Burlington MA Boston-Cambridge-Newton, MA-NH 2025 79,458 80.9 % 2,759 42.94 — Staples Duluth Trading Co.
148 Holyoke Shopping Center Holyoke MA Springfield, MA 2000 195,995 89.5 % 1,741 14.92 Super Stop & Shop (Ahold Delhaize) Ocean State Job Lot —
149 WaterTower Plaza Leominster MA Worcester, MA 2025 295,840 99.0 % 4,380 15.22 — Barnes & Noble, Five Below, Michaels, Ocean State Job Lot, Petco, Staples, T.J.Maxx, The Paper Store —
150 Lunenburg Crossing Lunenburg MA Worcester, MA 1994 25,515 58.8 % 216 14.40 Hannaford Bros.* — Walmart
151 Lynn Marketplace Lynn MA Boston-Cambridge-Newton, MA-NH 1968 80,625 100.0 % 1,873 23.23 Stop And Compare Crunch Fitness —
152 Webster Square Marshfield MA Boston-Cambridge-Newton, MA-NH 2005 182,756 94.3 % 2,931 17.00 Star Market (Albertsons) Marshalls/HomeGoods, Ocean State Job Lot —
153 Berkshire Crossing Pittsfield MA Pittsfield, MA 1994 188,493 100.0 % 3,276 17.38 Market 32 (Northeast Grocery) Barnes & Noble, Burlington Stores, Michaels, Ulta The Home Depot, Walmart
154 Westgate Plaza Westfield MA Springfield, MA 1996 125,403 96.4 % 1,704 17.37 ALDI Ocean State Job Lot, PetSmart, T.J.Maxx —
155 Perkins Farm Marketplace Worcester MA Worcester, MA 1967 205,048 98.8 % 2,631 20.71 Super Stop & Shop (Ahold Delhaize) Citi Trends, Crunch Fitness, Ollie's Bargain Outlet —
156 South Plaza Shopping Center California MD Lexington Park, MD 2005 92,335 100.0 % 1,943 21.04 — Best Buy, Old Navy, Petco, Ross Dress for Less —
157 Fox Run Prince Frederick MD Washington-Arlington-Alexandria, DC-VA-MD-WV 2022 279,642 91.7 % 4,144 16.38 Giant Food (Ahold Delhaize) Ocean State Job Lot, Planet Fitness, Ross Dress for Less, Ulta —
158 Pine Tree Shopping Center Portland ME Portland-South Portland, ME 1958 287,459 97.6 % 2,315 20.64 ALDI Crunch Fitness, Dollar Tree, Lowe's, O'Reilly Auto Parts —
159 Arborland Center Ann Arbor MI Ann Arbor, MI 2000 403,515 100.0 % 7,923 19.91 Kroger Boot Barn, DSW, HomeGoods, Marshalls, Michaels, Nordstrom Rack, OfficeMax, Old Navy, Petco, Ross Dress for Less, Skechers, Ulta —
160 Huron Village Ann Arbor MI Ann Arbor, MI 2003 118,482 99.1 % 3,056 27.11 Whole Foods Market (Amazon) Barnes & Noble, Walgreens —
161 Maple Village Ann Arbor MI Ann Arbor, MI 2020 297,425 97.3 % 5,252 18.15 Plum Market Burlington Stores, Dunham's Sports, HomeGoods, LA Fitness, Sierra Trading Post, Ulta —
162 Grand Crossing Brighton MI Detroit-Warren-Dearborn, MI 2005 85,389 91.4 % 1,027 13.16 Busch’s Fresh Food Market Ace Hardware —
163 Farmington Crossroads Farmington MI Detroit-Warren-Dearborn, MI 1986 85,168 100.0 % 1,084 12.73 — Ollie's Bargain Outlet, True Value —
164 Silver Pointe Shopping Center (2) Fenton MI Flint, MI 1996 164,632 100.0 % 2,367 14.48 VG's Grocery (C&S Wholesale Grocers, LLC) Dunham's Sports Five Below, Michaels, Old Navy, T.J.Maxx
165 Delta Center Lansing MI Lansing-East Lansing, MI 1985 160,946 86.6 % 1,555 11.15 — Dollar Tree, DXL Destination XL, Funcity Adventure Park, Planet Fitness —
166 Lakes Crossing Muskegon MI Muskegon-Norton Shores, MI 2008 104,600 46.2 % 836 17.31 — Shoe Carnival, Ulta —
167 Redford Plaza Redford MI Detroit-Warren-Dearborn, MI 1992 308,078 95.4 % 3,835 13.21 Sun Valley Supermarket Aaron's, Burlington Stores, Citi Trends, Dollar Tree, Harbor Freight Tools, Octapharma, Ross Dress for less —
168 Hampton Village Centre Rochester Hills MI Detroit-Warren-Dearborn, MI 2004 470,768 96.7 % 7,482 21.82 — Barnes & Noble, DSW, Emagine Theatre, Harbor Freight Tools, Kohl's, Old Navy, Petco, T.J.Maxx, Ulta Target
169 Southfield Plaza Southfield MI Detroit-Warren-Dearborn, MI 1970 101,781 100.0 % 1,234 12.12 ALDI* Citi Trends, Planet Fitness Burlington Stores, Forman Mills
170 Delco Plaza Sterling Heights MI Detroit-Warren-Dearborn, MI 1996 154,853 100.0 % 1,221 7.88 — Dunham's Sports, Tractor Supply Co., Urban Air Adventure Park —
171 West Ridge Westland MI Detroit-Warren-Dearborn, MI 1989 160,091 100.0 % 1,985 12.40 — Crunch Fitness, Petco, Rally House, Ross Dress for Less Burlington Stores, Target
172 Washtenaw Fountain Plaza Ypsilanti MI Ann Arbor, MI 2005 122,762 97.0 % 1,194 10.03 Save-A-Lot (Rabban Brothers) Dollar Tree, Planet Fitness, Urban Air Adventure Park — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 40
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PROPERTY LIST ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
173 Southport Centre I - VI Apple Valley MN Minneapolis-St. Paul-Bloomington, MN-WI 1985 124,260 100.0 % 2,764 22.24 SuperTarget* Dollar Tree, O'Reilly Auto Parts, Walgreens —
174 Champlin Marketplace Champlin MN Minneapolis-St. Paul-Bloomington, MN-WI 2005 91,970 100.0 % 1,394 15.74 Cub Foods (United Natural Foods Inc.) — —
175 Burning Tree Plaza Duluth MN Duluth, MN-WI 1987 183,105 93.0 % 2,554 15.00 — Best Buy, Dollar Tree, Harbor Freight Tools, HomeGoods, Sierra Trading Post, T.J.Maxx —
176 Westwind Plaza Minnetonka MN Minneapolis-St. Paul-Bloomington, MN-WI 2007 91,670 98.6 % 2,336 26.90 Cub Foods* Ablelight Thrift, MGM Wine and Spirits —
177 Richfield Hub Richfield MN Minneapolis-St. Paul-Bloomington, MN-WI 1952 213,595 96.7 % 2,821 13.66 Loma Bonita Market Dollar Tree, Marshalls, Michaels, Walgreens —
178 Roseville Center Roseville MN Minneapolis-St. Paul-Bloomington, MN-WI 2021 82,576 98.8 % 1,210 21.22 ALDI, Cub Foods* Dollar Tree —
179 Marketplace @ 42 Savage MN Minneapolis-St. Paul-Bloomington, MN-WI 1999 118,693 95.2 % 2,009 17.79 Fresh Thyme Farmers Market (Meijer) Dollar Tree, Marshalls —
180 Sun Ray Shopping Center St. Paul MN Minneapolis-St. Paul-Bloomington, MN-WI 1958 290,813 86.9 % 2,856 15.29 Cub Foods (United Natural Foods Inc.) BioLife Plasma Services, Burlington Stores, Citi Trends, Dollar Tree, Five Below, Planet Fitness, Ross Dress for Less —
181 White Bear Hills Shopping Center White Bear Lake MN Minneapolis-St. Paul-Bloomington, MN-WI 1996 73,065 100.0 % 1,150 15.74 Festival Foods (Schnucks) Dollar Tree —
182 Ellisville Square Ellisville MO St. Louis, MO-IL 1989 137,408 71.2 % 1,423 15.04 ALDI Chuck E. Cheese, Michaels, Petco —
183 Watts Mill Plaza Kansas City MO Kansas City, MO-KS 1997 161,717 98.5 % 1,632 10.24 Price Chopper (Associated Wholesale) Fowling Warehouse —
184 Liberty Corners Liberty MO Kansas City, MO-KS 1987 124,808 96.6 % 1,291 10.70 Price Chopper (Cosentino Group) — —
185 Devonshire Place Cary NC Raleigh-Cary, NC 1996 106,680 100.0 % 1,706 16.34 — Burlington Stores, Dollar Tree, Harbor Freight Tools, REI —
186 McMullen Creek Market Charlotte NC Charlotte-Concord-Gastonia, NC-SC 1988 285,584 94.9 % 5,033 18.58 Walmart Neighborhood Market Burlington Stores, Dollar Tree, pOpshelf, Staples —
187 The Commons at Chancellor Park Charlotte NC Charlotte-Concord-Gastonia, NC-SC 1994 348,604 100.0 % 2,740 11.28 Patel Brothers Big Air Trampoline, Bob's Discount Furniture, Dollar Tree, Gabe's, River Buffet & Grill, The Home Depot —
188 Garner Towne Square Garner NC Raleigh-Cary, NC 1997 184,267 98.7 % 2,964 16.30 LIDL Boot Barn, Burlington Stores, Harbor Freight Tools, PetSmart Target, The Home Depot
189 Franklin Square Gastonia NC Charlotte-Concord-Gastonia, NC-SC 1989 317,824 92.9 % 4,317 15.03 Walmart Supercenter* bealls, Best Buy, Boot Barn, Dollar Tree, Five Below, Michaels, pOpshelf, Ross Dress for Less —
190 Wendover Place Greensboro NC Greensboro-High Point, NC 2000 407,244 98.8 % 6,466 16.07 — Burlington Stores, DICK'S Sporting Goods, Kohl's, Michaels, Old Navy, PetSmart, Ross Dress for Less, Shoe Carnival, Total Wine & More, Ulta, Wayfair Outlet Target
191 University Commons Greenville NC Greenville, NC 1996 233,153 100.0 % 3,765 16.15 Harris Teeter (Kroger) Barnes & Noble, Five Below, HomeGoods, Petco, Shoe Carnival, T.J.Maxx —
192 North Ridge Shopping Center Raleigh NC Raleigh-Cary, NC 1980 171,372 99.2 % 3,374 19.85 Harris Teeter (Kroger) Ace Hardware, O2 Fitness —
193 Innes Street Market Salisbury NC Charlotte-Concord-Gastonia, NC-SC 2002 349,425 99.4 % 4,450 12.81 Food Lion (Ahold Delhaize) Lowe's, Marshalls, Old Navy, PetSmart, Staples, Tinseltown —
194 New Centre Market Wilmington NC Wilmington, NC 1998 144,614 100.0 % 2,374 16.96 — Burlington Stores, Dollar Tree, PetSmart, Shoe Carnival, Sportsman's Warehouse —
195 University Commons Wilmington NC Wilmington, NC 2007 235,345 100.0 % 4,189 17.80 Lowes Foods (Alex Lee) Dollar Tree, HomeGoods, Skechers, T.J.Maxx —
196 Parkway Plaza Winston-Salem NC Winston-Salem, NC 2005 279,630 80.0 % 2,912 13.81 Compare Foods Aaron's, ArchWell Health, Citi Trends, Office Depot, O'Reilly Auto Parts —
197 Stratford Commons Winston-Salem NC Winston-Salem, NC 1995 72,308 83.8 % 935 15.44 CHEF'STORE (US Foods) Boot Barn —
198 Bedford Grove Bedford NH Manchester-Nashua, NH 1989 103,076 100.0 % 2,403 24.60 — Boston Interiors, Planet Fitness —
199 Capitol Shopping Center Concord NH Concord, NH 2001 196,542 79.1 % 2,852 19.63 Market Basket (DeMoulas Supermarkets) Boot Barn, Burlington Stores, Five Below, Marshalls —
200 Willow Springs Plaza Nashua NH Manchester-Nashua, NH 1990 131,248 96.0 % 2,596 22.54 Patel Brothers Jordan's Warehouse, Mavis Discount Tires, New Hampshire Liquor and Wine Outlet, Petco The Home Depot
201 Tri-City Plaza Somersworth NH Boston-Cambridge-Newton, MA-NH 1990 150,264 95.6 % 1,651 11.53 Market Basket (DeMoulas Supermarkets) Staples, T.J.Maxx —
202 Laurel Square Brick NJ New York-Newark-Jersey City, NY-NJ 2023 246,254 100.0 % 2,913 11.83 Livoti’s Old World Market Ashley Homestore, At Home, Dollar Tree, Planet Fitness, Senior Helpers Town Square —
203 The Shoppes at Cinnaminson Cinnaminson NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2010 301,206 100.0 % 5,339 25.93 ShopRite (Eickhoff Supermarkets) Burlington Stores, Planet Fitness, Ross Dress for Less —
204 Acme Clark Clark NJ New York-Newark-Jersey City, NY-NJ 2007 52,812 100.0 % 1,465 27.74 Acme (Albertsons) — —
205 Collegetown Shopping Center Glassboro NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2021 231,464 100.0 % 3,628 15.86 LIDL Esporta Fitness, Five Below, Pep Boys, Ross Dress for Less, Ulta — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 41
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PROPERTY LIST ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
206 Hamilton Plaza Hamilton NJ Trenton-Princeton, NJ 1972 149,993 100.0 % 2,301 15.34 Grocery Outlet 2nd Ave, Crab Du Jour, DaVita Dialysis, Planet Fitness, Rothman Orthopaedic Institute —
207 Bennetts Mills Plaza Jackson NJ New York-Newark-Jersey City, NY-NJ 2002 127,230 98.4 % 2,058 16.43 Gourmet Glatt — —
208 Marlton Crossing Marlton NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2019 337,878 96.2 % 7,917 24.36 Sprouts Farmers Market Arthur Murray Dance Studio, Burlington Stores, Chickie's & Pete's, DSW, HomeGoods, Michaels, T.J.Maxx —
209 Middletown Plaza Middletown NJ New York-Newark-Jersey City, NY-NJ 2024 201,568 58.7 % 3,232 27.30 Trader Joe's Petco, Retro Fitness —
210 Springfield Place Morris NJ New York-Newark-Jersey City, NY-NJ 1965 4,000 100.0 % 267 66.75 ShopRite* — —
211 Larchmont Centre Mount Laurel NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1985 103,787 100.0 % 1,584 32.54 ShopRite — —
212 Old Bridge Gateway Old Bridge NJ New York-Newark-Jersey City, NY-NJ 2022 254,548 93.3 % 4,925 20.73 Bhavani Food Market Dollar Tree, Marshalls, Pep Boys, Petco, Ross Dress for Less, Texas Roadhouse —
213 Morris Hills Shopping Center Parsippany NJ New York-Newark-Jersey City, NY-NJ 1994 159,561 62.8 % 1,243 12.40 — — —
214 Rio Grande Plaza Rio Grande NJ Atlantic City-Hammonton, NJ 1997 136,351 100.0 % 1,931 14.16 ShopRite* Burlington Stores, Dollar Tree, PetSmart, Planet Fitness, Skechers —
215 Ocean Heights Plaza Somers Point NJ Atlantic City-Hammonton, NJ 2006 179,179 98.9 % 3,858 21.77 ShopRite (Village Supermarket) Ross Dress for Less —
216 Tinton Falls Plaza Tinton Falls NJ New York-Newark-Jersey City, NY-NJ 2006 87,760 100.0 % 1,735 19.77 Uncle Giuseppe's* Crunch Fitness, Dollar Tree —
217 Cross Keys Commons Turnersville NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1989 216,205 98.3 % 4,058 19.10 Walmart Supercenter* Marshalls, Ross Dress for Less, Staples, Ulta —
218 Parkway Plaza Carle Place NY New York-Newark-Jersey City, NY-NJ 1993 89,834 100.0 % 3,218 35.82 ALDI T.J.Maxx —
219 Suffolk Plaza East Setauket NY New York-Newark-Jersey City, NY-NJ 1998 84,316 92.0 % 1,908 25.22 BJ's Wholesale Club* Five Below Kohl's, Walmart
220 Three Village Shopping Center East Setauket NY New York-Newark-Jersey City, NY-NJ 1991 77,458 36.1 % 1,274 45.53 Stop & Shop* — Walgreens
221 West Center East Setauket NY New York-Newark-Jersey City, NY-NJ 1965 42,594 96.2 % 1,252 30.54 Wild by Nature Market (King Kullen) — —
222 Stewart Plaza Garden City NY New York-Newark-Jersey City, NY-NJ 2022 217,893 100.0 % 4,507 20.68 — Burlington Stores, Dollar Tree, Floor & Décor, Phenix Salon Suites, Tiger Schulmann's Mixed Martial Arts —
223 Dalewood I, II & III Shopping Center (3) Hartsdale NY New York-Newark-Jersey City, NY-NJ 2026 196,831 100.0 % 8,900 46.17 H Mart, Sprouts Farmers Market Barnes & Noble, Best Buy, GEN Korean BBQ House, T.J.Maxx, Ulta —
224 Unity Plaza Hopewell Junction NY Kiryas Joel-Poughkeepsie-Newburgh, NY 2005 67,462 100.0 % 1,498 22.21 Acme (Albertsons) — —
225 Cayuga Shopping Center Ithaca NY Ithaca, NY 1969 204,405 94.6 % 2,153 11.13 ALDI Planet Fitness, Ross Dress for Less, True Value, VA Community Based Outpatient —
226 Kings Park Plaza Kings Park NY New York-Newark-Jersey City, NY-NJ 1985 72,208 97.8 % 1,729 24.49 Key Food Marketplace T.J.Maxx —
227 Village Square Shopping Center Larchmont NY New York-Newark-Jersey City, NY-NJ 1981 17,000 100.0 % 684 40.24 Trader Joe's — —
228 Falcaro's Plaza Lawrence NY New York-Newark-Jersey City, NY-NJ 1972 61,904 100.0 % 1,715 27.70 KolSave Market* Dollar Tree, Planet Fitness —
229 Mamaroneck Centre Mamaroneck NY New York-Newark-Jersey City, NY-NJ 2020 36,470 100.0 % 1,557 42.69 North Shore Farms CVS —
230 Sunshine Square Medford NY New York-Newark-Jersey City, NY-NJ 2007 222,775 93.5 % 3,608 18.10 Super Stop & Shop (Ahold Delhaize) Planet Fitness, Savers —
231 Wallkill Plaza Middletown NY Kiryas Joel-Poughkeepsie-Newburgh, NY 1986 211,736 87.3 % 2,170 13.78 — Citi Trends, David's Bridal, Hobby Lobby —
232 Monroe Plaza Monroe NY Kiryas Joel-Poughkeepsie-Newburgh, NY 1985 122,007 90.7 % 2,029 18.33 ShopRite (Wakefern) U.S. Post Office —
233 Rockland Plaza (3) Nanuet NY New York-Newark-Jersey City, NY-NJ 2026 261,443 86.8 % 8,088 36.40 A Matter of Health Burlington Stores, Nordstrom Rack, Ross Dress for Less, Ulta —
234 North Ridge Shopping Center New Rochelle NY New York-Newark-Jersey City, NY-NJ 1971 39,743 95.0 % 1,555 41.18 — — —
235 Nesconset Shopping Center Port Jefferson Station NY New York-Newark-Jersey City, NY-NJ 1961 129,996 89.9 % 3,440 29.44 — Dollar Tree, HomeGoods —
236 Roanoke Plaza Riverhead NY New York-Newark-Jersey City, NY-NJ 2002 99,131 93.6 % 2,281 24.57 Fine Fare Boot Barn, CVS, Ross Dress for Less —
237 The Shops at Riverhead Riverhead NY New York-Newark-Jersey City, NY-NJ 2018 120,088 100.0 % 3,181 26.49 Costco* HomeSense, Marshalls/HomeGoods, PetSmart, Ulta —
238 Rockville Centre Rockville Centre NY New York-Newark-Jersey City, NY-NJ 1975 44,131 100.0 % 1,398 31.68 — HomeGoods —
239 College Plaza Selden NY New York-Newark-Jersey City, NY-NJ 2025 188,602 98.9 % 4,509 26.44 ShopRite (Wakefern) Burlington Stores, Five Below, Wren Kitchens —
240 Campus Plaza Vestal NY Binghamton, NY 2003 160,744 99.5 % 2,211 13.82 — Dollar Tree, Staples —
241 Parkway Plaza Vestal NY Binghamton, NY 1995 207,123 100.0 % 2,707 13.07 — Bob's Discount Furniture, Boot Barn, Kohl's, PetSmart, Ross Dress for Less —
242 Shoppes at Vestal Vestal NY Binghamton, NY 2000 92,328 100.0 % 1,726 18.69 — HomeGoods, Michaels, Old Navy — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 42
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PROPERTY LIST ↩Table of<br><br>Contents
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Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
243 Town Square (2) Vestal NY Binghamton, NY 1991 290,535 97.8 % 5,446 19.74 Sam's Club*, Walmart Supercenter* AMC, Barnes & Noble, Burlington Stores, DICK’S Sporting Goods Warehouse Sale, Dollar Tree, DSW, Shoe Carnival, T.J.Maxx, Ulta —
244 Highridge Plaza Yonkers NY New York-Newark-Jersey City, NY-NJ 1977 88,501 97.9 % 3,217 37.14 H Mart — —
245 Brunswick Town Center Brunswick OH Cleveland, OH 2004 151,048 99.2 % 2,691 18.59 Giant Eagle — The Home Depot
246 Brentwood Plaza Cincinnati OH Cincinnati, OH-KY-IN 2004 227,738 100.0 % 3,045 19.74 Kroger Ace Hardware, Petco, Planet Fitness, Rainbow Shops —
247 Delhi Shopping Center Cincinnati OH Cincinnati, OH-KY-IN 1973 167,328 99.3 % 1,680 10.19 Kroger Pet Supplies Plus, Salvation Army —
248 Harpers Station Cincinnati OH Cincinnati, OH-KY-IN 1994 8,200 100.0 % 279 34.02 Fresh Thyme Farmers Market (Meijer)* — HomeGoods, Painted Tree Marketplace, T.J.Maxx
249 Western Hills Plaza Cincinnati OH Cincinnati, OH-KY-IN 2021 245,971 98.5 % 5,513 23.93 — Dollar Tree, Michaels, Old Navy, PetSmart, Ross Dress For Less, T.J.Maxx, Ulta Target
250 Western Village Cincinnati OH Cincinnati, OH-KY-IN 2005 115,791 100.0 % 1,445 41.11 Kroger — —
251 Crown Point Columbus OH Columbus, OH 1980 145,280 98.8 % 1,651 11.53 Kroger Dollar Tree, Planet Fitness —
252 Greentree Shopping Center Columbus OH Columbus, OH 2005 131,720 91.8 % 1,535 13.60 Kroger — —
253 South Towne Centre Dayton OH Dayton-Kettering-Beavercreek, OH 1972 333,998 74.7 % 4,008 16.55 Health Foods Unlimited Burlington Stores, PetSmart, VASA Fitness —
254 The Shoppes at North Olmsted North Olmsted OH Cleveland, OH 2002 70,003 100.0 % 1,239 17.70 — Ollie's Bargain Outlet —
255 Surrey Square Norwood OH Cincinnati, OH-KY-IN 2010 175,140 100.0 % 2,703 29.75 Kroger Advance Auto Parts, Rainbow Shops —
256 Miracle Mile Shopping Plaza Toledo OH Toledo, OH 1955 298,765 85.6 % 2,039 13.91 Kroger Crunch Fitness, Fun City Us, Harbor Freight Tools —
257 Village West Allentown PA Allentown-Bethlehem-Easton, PA-NJ 1999 140,474 98.7 % 2,996 21.60 Giant Food (Ahold Delhaize) CVS —
258 Lehigh Shopping Center Bethlehem PA Allentown-Bethlehem-Easton, PA-NJ 1955 373,766 100.0 % 4,690 15.03 Giant Food (Ahold Delhaize) Citi Trends, Marshalls/HomeGoods, PetSmart, Powerhouse Gym, Savers, Staples —
259 Bristol Park Bristol PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1993 266,953 98.4 % 3,232 12.62 — Ollie's Bargain Outlet, Planet Fitness —
260 New Britain Village Square Chalfont PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1989 143,716 96.2 % 2,864 21.42 Giant Food (Ahold Delhaize) Wine & Spirits Shoppe —
261 Collegeville Shopping Center Collegeville PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2020 101,630 92.8 % 2,157 23.61 Kimberton Whole Foods Planet Fitness —
262 Plymouth Square Shopping Center Conshohocken PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2024 227,440 95.2 % 5,278 24.38 Weis Markets Planet Fitness, REI, Wren Kitchens —
263 Whitemarsh Shopping Center Conshohocken PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2002 76,391 97.8 % 2,206 29.54 Giant Food (Ahold Delhaize) — —
264 Valley Fair Devon PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2001 45,086 100.0 % 748 16.59 Hung Vuong Food Market* Planet Fitness —
265 Dickson City Crossings Dickson City PA Scranton--Wilkes-Barre, PA 2023 311,991 100.0 % 3,893 19.61 — Barnes & Noble, Burlington Stores, Dollar Tree, Gabe's, PetSmart, Planet Fitness, Sierra Trading Post, T.J.Maxx, The Home Depot —
266 Barn Plaza (3) Doylestown PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2026 234,134 100.0 % 6,448 27.54 Whole Foods Market (Amazon) Barnes & Noble, Kohl's, Pottery Barn —
267 Pilgrim Gardens Drexel Hill PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1955 75,223 92.8 % 1,484 21.25 — Ross Dress for Less —
268 North Penn Market Place Lansdale PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1977 58,358 100.0 % 1,169 21.35 Weis Markets* DaVita Dialysis —
269 Village at Newtown Newtown PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2021 226,829 100.0 % 8,968 41.03 McCaffrey's Ulta —
270 Ivyridge Philadelphia PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1963 106,348 100.0 % 3,201 30.10 — Target —
271 Roosevelt Mall (3) Philadelphia PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2026 619,644 98.5 % 12,343 41.95 Sprouts Farmers Market JD Sports, LA Fitness, Macy's, Oak Street Health, Ross Dress for Less, Teso Life, Ulta —
272 Shoppes at Valley Forge Phoenixville PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2003 176,676 100.0 % 1,675 9.48 Redner's Warehouse Market Ocean State Job Lot, Ross Dress for Less —
273 County Line Plaza Souderton PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1971 154,608 100.0 % 1,886 12.20 ALDI Dollar Tree, Five Below, Planet Fitness —
274 69th Street Plaza Upper Darby PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1994 41,711 100.0 % 551 13.21 Fresh Grocer* — —
275 Warminster Towne Center Warminster PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1997 237,152 100.0 % 3,925 17.96 ShopRite (Wakefern) Famous Footwear, Harbor Freight Tools, Old Navy, Pep Boys, PetSmart, Ross Dress for Less, Sportsman's Warehouse Kohl's
276 Whitehall Square Whitehall PA Allentown-Bethlehem-Easton, PA-NJ 2006 309,908 97.5 % 4,102 13.83 Redner's Warehouse Market dd's Discounts (Ross), Dollar Tree, Gabe's, PetSmart, Pickleball Kingdom, Ross Dress for Less —
277 Wilkes-Barre Township Marketplace Wilkes-Barre Township PA Scranton--Wilkes-Barre, PA 2004 306,440 100.0 % 2,788 36.83 NetCost Market, Walmart Supercenter Chuck E. Cheese, Cracker Barrel, Pet Supplies Plus — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 43
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PROPERTY LIST ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
278 Belfair Towne Village Bluffton SC Hilton Head Island-Bluffton-Port Royal, SC 2006 166,639 99.0 % 3,217 19.49 Kroger — —
279 Milestone Plaza Greenville SC Greenville-Anderson-Greer, SC 1995 89,721 100.0 % 1,798 21.25 Lowes Foods (Alex Lee) — —
280 Circle Center (3) Hilton Head Island SC Hilton Head Island-Bluffton-Port Royal, SC 2026 68,444 96.8 % 1,403 21.17 Publix — —
281 The Fresh Market Shoppes Hilton Head Island SC Hilton Head Island-Bluffton-Port Royal, SC 1983 86,398 98.1 % 1,664 19.62 The Fresh Market — —
282 Island Plaza James Island SC Charleston-North Charleston, SC 1994 174,094 98.6 % 1,928 11.38 Food Lion (Ahold Delhaize) Dollar Tree, Gold's Gym, Harbor Freight Tools —
283 Pawleys Island Plaza Pawleys Island SC Murrells Inlet, SC 2015 120,453 96.4 % 1,800 15.51 Publix Petco, T.J.Maxx, Ulta —
284 Fairview Corners I & II Simpsonville SC Greenville-Anderson-Greer, SC 2003 131,002 100.0 % 2,793 21.32 — Petco, Ross Dress for Less, T.J.Maxx Target
285 Hillcrest Market Place (3) Spartanburg SC Spartanburg, SC 2026 376,624 95.4 % 5,376 15.31 Publix Five Below, Hobby Lobby, Marshalls, NCG Cinemas, Petco, Ross Dress for Less —
286 Watson Glen Shopping Center Franklin TN Nashville-Davidson--Murfreesboro--Franklin, TN 1988 265,571 100.0 % 4,167 15.89 ALDI At Home, HomeGoods —
287 Williamson Square Franklin TN Nashville-Davidson--Murfreesboro--Franklin, TN 1988 304,784 100.0 % 4,727 15.51 — Dollar Tree, Family Leisure, Goldfish Swim School, Hobby Lobby, Painted Tree Marketplace, Planet Fitness —
288 Kingston Overlook Knoxville TN Knoxville, TN 1996 119,360 100.0 % 1,455 12.19 Sprouts Farmers Market Painted Tree Marketplace, Urban Air Adventure Park —
289 The Market at Wolfcreek (2) Memphis TN Memphis, TN-MS-AR 2014 649,252 96.0 % 10,291 17.39 — Academy Sports + Outdoors, Best Buy, Burlington Stores, Cavender's Boot City, Citi Trends, Dave & Busters, David's Bridal, Dollar Tree, DSW, Michaels, Office Depot, Old Navy, Painted Tree Marketplace, PetSmart, T.J.Maxx —
290 Georgetown Square Murfreesboro TN Nashville-Davidson--Murfreesboro--Franklin, TN 2003 114,117 92.3 % 1,590 15.09 Kroger — —
291 Nashboro Village Nashville TN Nashville-Davidson--Murfreesboro--Franklin, TN 1998 86,811 95.2 % 1,091 13.21 Kroger — Walgreens
292 Parmer Crossing Austin TX Austin-Round Rock-San Marcos, TX 1989 170,605 89.5 % 2,114 13.84 Desi Brothers Dollar Tree, Harbor Freight Tools, Planet Fitness —
293 Baytown Shopping Center Baytown TX Houston-Pasadena-The Woodlands, TX 1987 95,921 97.0 % 1,707 18.35 — Goodwill, Legacy Community Health, Sky Zone —
294 El Camino Bellaire TX Houston-Pasadena-The Woodlands, TX 2008 71,651 83.2 % 702 11.77 El Ahorro Supermarket Dollar Tree —
295 Central Station College Station TX College Station-Bryan, TX 1976 178,141 98.5 % 3,720 21.70 — Dollar Tree, HomeGoods, Spec's Liquors Kohl's
296 Rock Prairie Crossing College Station TX College Station-Bryan, TX 2002 118,700 97.7 % 1,522 30.51 Kroger CVS —
297 Carmel Village Corpus Christi TX Corpus Christi, TX 2019 84,667 95.3 % 1,438 17.83 — Crunch Fitness, Five Below —
298 Arboretum Village Dallas TX Dallas-Fort Worth-Arlington, TX 2014 102,279 97.6 % 2,758 29.69 Tom Thumb (Albertsons) Ace Hardware, PetSmart —
299 Claremont Village Dallas TX Dallas-Fort Worth-Arlington, TX 1976 66,980 100.0 % 1,412 21.31 — EōS Fitness —
300 Kessler Plaza Dallas TX Dallas-Fort Worth-Arlington, TX 1975 68,962 96.7 % 1,168 17.52 — Wellmed Medical —
301 Stevens Park Village Dallas TX Dallas-Fort Worth-Arlington, TX 1974 45,492 93.8 % 419 9.82 — — —
302 Webb Royal Plaza Dallas TX Dallas-Fort Worth-Arlington, TX 1961 108,545 90.7 % 1,380 14.70 El Rio Grande Latin Market Family Dollar —
303 Wynnewood Village (3) Dallas TX Dallas-Fort Worth-Arlington, TX 2026 579,174 94.2 % 9,187 22.05 El Rancho (Heritage Grocers), Kroger Burlington Stores, Citi Trends, DaVita Dialysis, Dollar Tree, Five Below, Foot Locker, Kids Empire, LA Fitness, Ross Dress for Less, Target —
304 Parktown Deer Park TX Houston-Pasadena-The Woodlands, TX 1999 118,221 96.6 % 1,223 10.71 Food Town bealls, Walgreens —
305 Ridglea Plaza Fort Worth TX Dallas-Fort Worth-Arlington, TX 1990 170,519 98.1 % 2,811 16.81 Tom Thumb (Albertsons) Dollar Tree, EōS Fitness, Goody Goody Wine & Spirits —
306 Trinity Commons Fort Worth TX Dallas-Fort Worth-Arlington, TX 1998 197,526 100.0 % 4,725 23.92 Tom Thumb (Albertsons) DSW, Ulta —
307 Preston Ridge Frisco TX Dallas-Fort Worth-Arlington, TX 2018 792,351 99.4 % 19,400 24.64 SuperTarget* Belk, Best Buy, Boot Barn, Cloudbound, DSW, Half Price Books, Macy's Backstage, Marshalls, Nordstrom Rack, Old Navy, PetSmart, pOpshelf, Ross Dress for Less, Sky Zone, Staples, T.J.Maxx, Ulta —
308 Village Plaza Garland TX Dallas-Fort Worth-Arlington, TX 2002 89,444 100.0 % 1,738 19.53 Truong Nguyen Market — —
309 Highland Village Town Center Highland Village TX Dallas-Fort Worth-Arlington, TX 1996 101,874 100.0 % 1,385 13.94 — Painted Tree Marketplace, Planet Fitness —
310 Bay Forest Houston TX Houston-Pasadena-The Woodlands, TX 2004 76,092 100.0 % 865 12.51 Kroger — —
311 Braes Heights Houston TX Houston-Pasadena-The Woodlands, TX 2022 92,703 98.6 % 3,159 34.57 — CVS, My Salon Suites —
312 Braesgate Houston TX Houston-Pasadena-The Woodlands, TX 1997 91,982 100.0 % 982 10.68 Food Town — —
313 Clear Lake Camino South Houston TX Houston-Pasadena-The Woodlands, TX 1964 106,072 77.9 % 1,244 16.31 ALDI Mr. Gatti's Pizza, Spec's Liquors — Supplemental Disclosure - Three Months Ended March 31, 2026 Page 44
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PROPERTY LIST ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Year Percent Non-Owned
Property Name City State Core-Based Statistical Area Built GLA Leased ABR ABR PSF Grocer (1) (4) Other Major Tenants (4) Major Tenants
314 Hearthstone Corners Houston TX Houston-Pasadena-The Woodlands, TX 2019 208,147 98.6 % 3,138 15.29 El Rancho (Heritage Grocers) Amped Fitness, Sky Zone, XL Parts —
315 Jester Village Houston TX Houston-Pasadena-The Woodlands, TX 2022 62,731 99.0 % 1,536 24.73 — 24 Hour Fitness —
316 Jones Plaza Houston TX Houston-Pasadena-The Woodlands, TX 2025 111,206 88.5 % 1,203 12.22 La Michoacana Supermarket Aaron's, Fitness Connection —
317 Jones Square Houston TX Houston-Pasadena-The Woodlands, TX 1999 169,786 100.0 % 2,107 12.41 — Hobby Lobby, King Dollar, Octapharma, Vevor, Walgreens —
318 Maplewood Houston TX Houston-Pasadena-The Woodlands, TX 2004 99,177 83.0 % 1,075 13.07 — bealls, Kids Empire, Planet Fitness —
319 Merchants Park Houston TX Houston-Pasadena-The Woodlands, TX 2009 246,707 94.3 % 4,264 18.34 Kroger JD Sports, Marshalls, Petco, Planet Fitness, Ross Dress for Less —
320 Northshore (2) Houston TX Houston-Pasadena-The Woodlands, TX 2001 231,640 76.8 % 3,257 18.31 — Concentra, Dollar Tree, Melrose Fashions, Planet Fitness —
321 Northtown Plaza Houston TX Houston-Pasadena-The Woodlands, TX 1960 184,940 98.5 % 2,726 15.29 El Rancho (Heritage Grocers) Crazy Boss Big Discount Store, dd's Discounts (Ross), Dollar Tree —
322 Orange Grove Houston TX Houston-Pasadena-The Woodlands, TX 2005 184,664 99.1 % 2,460 14.02 — 24 Hour Fitness, Burlington Stores, Floor & Décor, WSS —
323 Royal Oaks Village Houston TX Houston-Pasadena-The Woodlands, TX 2001 146,279 97.2 % 3,720 26.15 H-E-B — —
324 Tanglewilde Center Houston TX Houston-Pasadena-The Woodlands, TX 1998 82,623 83.3 % 1,149 16.69 ALDI Dollar Tree, WeGotSoccer —
325 West U Marketplace Houston TX Houston-Pasadena-The Woodlands, TX 2000 60,136 100.0 % 1,758 29.23 Whole Foods Market (Amazon) — —
326 Westheimer Commons Houston TX Houston-Pasadena-The Woodlands, TX 1984 245,714 96.5 % 2,926 12.34 Fiesta Mart (Chedraui USA) King Dollar, Marshalls, Rainbow Shops, Retro Fitness, Sanitas Medical Center, Walgreens —
327 LaCenterra at Cinco Ranch Katy TX Houston-Pasadena-The Woodlands, TX 2006 409,025 97.7 % 13,544 34.25 Trader Joe's Brown & Gay Engineers, Inc., Flix Brewhouse, Nike, Peloton Computer Enterprises, Regus —
328 Pearland Plaza Pearland TX Houston-Pasadena-The Woodlands, TX 1995 156,491 98.5 % 1,627 10.56 Kroger Goodwill, Harbor Freight Tools, The Picklr, Walgreens —
329 Market Plaza Plano TX Dallas-Fort Worth-Arlington, TX 2002 152,500 94.7 % 3,133 23.30 Central Market (H-E-B) — —
330 Preston Park Village (3) Plano TX Dallas-Fort Worth-Arlington, TX 2026 256,407 88.6 % 7,054 31.04 — Gap Factory Store, HomeGoods, Petco, Slick City —
331 Keegan's Meadow Stafford TX Houston-Pasadena-The Woodlands, TX 1999 125,100 97.2 % 1,695 14.36 El Rancho King Dollar, Retro Fitness —
332 Lake Pointe Village Sugar Land TX Houston-Pasadena-The Woodlands, TX 2010 162,263 96.7 % 4,999 31.86 Whole Foods Market (Amazon) — —
333 Texas City Bay Texas City TX Houston-Pasadena-The Woodlands, TX 2005 224,884 91.6 % 2,499 12.33 Kroger Burlington Stores, Five Below, Harbor Freight Tools, Planet Fitness —
334 Windvale Center The Woodlands TX Houston-Pasadena-The Woodlands, TX 2002 100,688 84.7 % 1,866 21.89 — Tesla —
335 Culpeper Town Square Culpeper VA Washington-Arlington-Alexandria, DC-VA-MD-WV 1999 132,907 81.0 % 1,105 10.26 — Goodwill, Ollie's Bargain Outlet, Tractor Supply Co. —
336 Hanover Square Mechanicsville VA Richmond, VA 1991 152,279 99.3 % 3,184 21.07 — Gold's Gym, Hobby Lobby Kohl's
337 Cave Spring Corners Roanoke VA Roanoke, VA 2005 144,942 100.0 % 1,446 16.80 Kroger Hamrick's —
338 Hunting Hills Roanoke VA Roanoke, VA 1989 166,207 100.0 % 1,614 9.71 — Dollar Tree, Kohl's, PetSmart —
339 Hilltop Plaza Virginia Beach VA Virginia Beach-Chesapeake-Norfolk, VA-NC 2010 150,014 87.1 % 3,366 26.05 Trader Joe's Five Below, PetSmart, Ulta —
340 Rutland Plaza Rutland VT Rutland, VT 1997 223,314 91.9 % 2,020 9.85 Market 32 (Northeast Grocery) Planet Fitness, T.J.Maxx, Walmart —
341 Mequon Pavilions Mequon WI Milwaukee-Waukesha, WI 1967 218,392 92.4 % 3,744 18.56 Sendik's Food Market Marshalls, Sierra Trading Post, The Tile Shop —
342 Moorland Square Shopping Ctr New Berlin WI Milwaukee-Waukesha, WI 1990 98,303 97.3 % 1,161 12.14 Pick 'n Save (Kroger) — —
343 Paradise Pavilion West Bend WI Milwaukee-Waukesha, WI 2000 204,074 93.5 % 1,694 8.90 — Hobby Lobby, Kohl's Five Below, HomeGoods, Sierra Trading Post
344 Grand Central Plaza Parkersburg WV Parkersburg-Vienna, WV 1986 75,344 100.0 % 884 11.73 — Best Buy, Sportsman's Warehouse —
TOTAL PORTFOLIO 62,055,877 95.1 % $ 1,053,747 $ 19.05
(1) * Indicates grocer is not owned.
(2) Property is listed as two individual properties on Company website for marketing purposes.
(3) Indicates property is currently in redevelopment.
(4) Major Tenants exclude tenants that have ceased to operate prior to their lease expiration date.
Supplemental Disclosure - Three Months Ended March 31, 2026 Page 45
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