Skip to main content
Equibles

8-K

Brixmor Property Group Inc. (BRX)

8-K 2022-11-01 For: 2022-11-01
View Original
Added on April 11, 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): November 1, 2022

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.)

450 Lexington 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 November 1, 2022, Brixmor Property Group Inc. (the “Company”) issued a press release announcing its financial results and Supplemental Disclosure pertaining to its operations for the third quarter ended September 30, 2022. 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 November 1, 2022.
99.2 Brixmor Property Group Inc. Supplemental Financial Information for the third quarter ended September 30, 2022.
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: November 1, 2022 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

450 Lexington Avenue : New York, NY 10017 : 800.468.7526

FOR IMMEDIATE RELEASE

CONTACT:

Stacy Slater

Senior Vice President, Investor Relations

800.468.7526

stacy.slater@brixmor.com

BRIXMOR PROPERTY GROUP REPORTS THIRD QUARTER 2022 RESULTS

  • Continued Strength in Leasing Drove Record Total and Small Shop Leased Occupancy -

NEW YORK, NOVEMBER 1, 2022 - Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today its operating results for the three and nine months ended September 30, 2022. For the three months ended September 30, 2022 and 2021, net income was $0.26 per diluted share and $0.15 per diluted share, respectively.

Key highlights for the three months ended September 30, 2022 include:

•Executed 1.7 million square feet of new and renewal leases, with rent spreads on comparable space of 14.2%, including 0.7 million square

feet of new leases, with rent spreads on comparable space of 32.2%

•Sequentially increased total leased occupancy to a record 93.3%, anchor leased occupancy to 95.4%, and small shop leased occupancy to a record 88.8%

◦Small shop leased occupancy of 88.8% reflects a 110 basis point sequential improvement

◦Leased to billed occupancy spread totaled 370 basis points

◦Total signed but not yet commenced lease population represented 2.8 million square feet and $53.0 million of annualized base rent

•Reported an increase in same property NOI of 3.6%

◦The contribution from base rent - excluding COVID-19 rent deferrals (lease modifications) and rent abatements accelerated 70 basis points this quarter to 440 basis points

•Reported Nareit FFO of $147.7 million, or $0.49 per diluted share

•Stabilized $45.9 million of reinvestment projects at an average incremental NOI yield of 8%, with the in process reinvestment pipeline totaling $400.3 million at an expected average incremental NOI yield of 9%

•Completed $29.1 million of dispositions

Subsequent events:

•Increased quarterly dividend by 8.3% to $0.26 per common share, which represents an annualized yield of approximately 4.9% as of October 31, 2022

•Renewed the Company's $400 million share repurchase program and $400 million ATM stock offering program

•Completed $81.4 million of dispositions

•Updated previously provided NAREIT FFO per diluted share expectations for 2022 to $1.94 - $1.97 from $1.93 - $1.97 and affirmed previously provided same property NOI growth expectations for 2022 of 5.5% - 6.0%

"Our team and business plan continue to perform, as reflected in our strong leasing volumes and spreads, our record portfolio-wide occupancy, and our stabilization of highly accretive reinvestments that deliver significant value, even in a rising interest rate environment,” commented James Taylor, CEO and President. “Importantly, our disciplined execution, coupled with our forward leasing and reinvestment pipelines, positions us to continue to deliver value to our stakeholders in the years to come.”

i

brixmor_logo.jpg

450 Lexington Avenue : New York, NY 10017 : 800.468.7526

FINANCIAL HIGHLIGHTS

Net Income

•For the three months ended September 30, 2022 and 2021, net income was $79.7 million, or $0.26 per diluted share, and $46.1 million, or $0.15 per diluted share, respectively.

•For the nine months ended September 30, 2022 and 2021, net income was $247.0 million, or $0.82 per diluted share, and $188.9 million, or $0.63 per diluted share, respectively.

Nareit FFO

•For the three months ended September 30, 2022 and 2021, Nareit FFO was $147.7 million, or $0.49 per diluted share, and $115.8 million, or $0.39 per diluted share, respectively. Results for the three months ended September 30, 2022 and 2021 include items that impact FFO comparability, including transaction expenses, litigation and other non-routine legal expenses, and loss on extinguishment of debt, net, of $(0.4) million, or $(0.00) per diluted share, and $(27.4) million, or $(0.09) per diluted share, respectively.

•For the nine months ended September 30, 2022 and 2021, Nareit FFO was $442.0 million, or $1.47 per diluted share, and $385.0 million, or $1.29 per diluted share, respectively. Results for the nine months ended September 30, 2022 and 2021 include items that impact FFO comparability, including transaction expenses, litigation and other non-routine legal expenses, and loss on extinguishment of debt, net, of $(1.8) million, or $(0.01) per diluted share, and $(31.0) million, or $(0.10) per diluted share, respectively.

Same Property NOI Performance

•For the three months ended September 30, 2022, the Company reported an increase in same property NOI of 3.6% versus the comparable 2021 period.

•For the nine months ended September 30, 2022, the Company reported an increase in same property NOI of 6.3% versus the comparable 2021 period.

Dividend

•The Company’s Board of Directors declared a quarterly cash dividend of $0.26 per common share (equivalent to $1.04 per annum) for the fourth quarter of 2022, which represents an 8.3% increase.

•The dividend is payable on January 17, 2023 to stockholders of record on January 4, 2023, representing an ex-dividend date of January 3, 2023.

PORTFOLIO AND INVESTMENT ACTIVITY

Value Enhancing Reinvestment Opportunities

•During the three months ended September 30, 2022, the Company stabilized nine value enhancing reinvestment projects with a total aggregate net cost of approximately $45.9 million at an average incremental NOI yield of 8% and added seven new reinvestment projects to its in process pipeline. Projects added include three anchor space repositioning projects, two outparcel development projects, and two redevelopment projects, with a total aggregate net estimated cost of approximately $37.3 million at an expected average incremental NOI yield of 10%.

•At September 30, 2022, the value enhancing reinvestment in process pipeline was comprised of 53 projects with an aggregate net estimated cost of approximately $400.3 million at an expected average incremental NOI yield of 9%. The in process pipeline includes 18 anchor space repositioning projects with an aggregate net estimated cost of approximately $72.8 million at an expected incremental NOI yield of 7% - 14%; 12 outparcel development projects with an aggregate net estimated cost of approximately $23.3 million at an expected average incremental NOI yield of 9%; and 23 redevelopment projects with an aggregate net estimated cost of approximately $304.3 million at an expected average incremental NOI yield of 9%.

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

ii

brixmor_logo.jpg

450 Lexington Avenue : New York, NY 10017 : 800.468.7526

Acquisitions

•During the three months ended September 30, 2022, the Company did not complete any acquisitions.

•During the nine months ended September 30, 2022, the Company acquired seven shopping centers, one land parcel at an existing property, and one outparcel at an existing property, for a combined purchase price of $410.6 million.

Dispositions

•During the three months ended September 30, 2022, the Company generated approximately $29.1 million of gross proceeds on the disposition of one shopping center, as well as three partial properties, comprised of 0.3 million square feet of gross leasable area.

•During the nine months ended September 30, 2022, the Company generated approximately $174.6 million of gross proceeds on the disposition of 11 shopping centers, as well as seven partial properties, comprised of 2.0 million square feet of gross leasable area.

•Subsequent to September 30, 2022, the Company disposed of four shopping centers, as well as one partial property, for approximately $81.4 million of gross proceeds.

CAPITAL STRUCTURE

•During the three months ended September 30, 2022, the Company raised approximately $5.8 million in gross proceeds, excluding commissions, from the sale of approximately 0.2 million shares of common stock at an average price per share of $24.21 through its at-the-market (“ATM”) equity offering program.

•During the nine months ended September 30, 2022, the Company raised approximately $53.9 million in gross proceeds, excluding commissions, from the sale of approximately 2.1 million shares of common stock at an average price per share of $25.40 through its ATM equity offering program.

•At September 30, 2022, the Company had $1.3 billion in liquidity and no debt maturities until June 2024.

•Subsequent to September 30, 2022, the Company renewed its $400 million share repurchase program and its $400 million ATM equity offering program, which together will continue to provide Brixmor with maximum flexibility to capitalize on a wide range of potential capital markets environments and support the long-term execution of its balanced business plan.

GUIDANCE

•The Company has updated its previously provided NAREIT FFO per diluted share expectations for 2022 to $1.94 - $1.97 from $1.93 - $1.97 and affirmed its previously provided same property NOI growth expectations of 5.5% - 6.0%.

•Expectations for 2022 Nareit FFO:

◦Do not contemplate any additional tenants moving to or from a cash basis of accounting, either of which may result in significant volatility in straight-line rental income

◦Do not include any additional items that impact FFO comparability, including transaction expenses, litigation and other non-routine legal expenses, and loss on extinguishment of debt, or any one-time items

•The following table provides a reconciliation of the range of the Company's 2022 estimated net income attributable to common stockholders to Nareit FFO:

(Unaudited, dollars in millions, except per share amounts) 2022E 2022E Per Diluted Share
Net income $305 - $314 $1.01 - $1.04
Depreciation and amortization related to real estate 335 1.11
Gain on sale of real estate assets (61) (0.20)
Impairment of real estate assets 5 0.02
Nareit FFO $584 - $593 $1.94 - $1.97

iii

brixmor_logo.jpg

450 Lexington Avenue : New York, NY 10017 : 800.468.7526

CONNECT WITH BRIXMOR

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

•Follow Brixmor on:

◦Twitter at https://www.twitter.com/Brixmor

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

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

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

•Find Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor.

CONFERENCE CALL AND SUPPLEMENTAL INFORMATION

The Company will host a teleconference on Wednesday, November 2, 2022 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 midnight ET on November 16, 2022 by dialing 844.512.2921 (domestic) or 412.317.6671 (international) (Passcode: 13732415) or via the web through November 2, 2023 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.

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 these non-GAAP performance measures to net income 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 (loss), 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 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.

iv

brixmor_logo.jpg

450 Lexington Avenue : New York, NY 10017 : 800.468.7526

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) corporate level expenses (including general and administrative), (ii) lease termination fees, (iii) straight-line rental income, net, (iv) accretion of below-market leases, net of amortization of above-market leases and tenant inducements, (v) straight-line ground rent expense, net, and (vi) income or expense associated with the Company’s captive insurance company. Considering the nature of its business as a real estate owner and operator, the Company believes that same property 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 depreciation and amortization and corporate level expenses (including general and administrative), lease termination fees, straight-line rental income, net, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, and straight-line ground rent expense, net and because it eliminates disparities in NOI due to the acquisition or disposition of properties or the stabilization of completed new development properties during the period presented and therefore provides a more consistent metric for comparing the operating performance of the Company's real estate between periods.

ABOUT BRIXMOR PROPERTY GROUP

Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 378 retail centers comprise approximately 67 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor’s 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 proud real estate partner to over 5,000 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 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, 2021, as such factors may be updated from time to time in our 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 filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

v

CONSOLIDATED BALANCE SHEETS
Unaudited, dollars in thousands, except share information
As of As of
9/30/22 12/31/21
Assets
Real estate
$ 1,830,251 $ 1,773,448
8,369,931 8,009,320
123,182 101,422
550,477 544,224
10,873,841 10,428,414
(2,943,592) (2,813,329)
Real estate, net 7,930,249 7,615,085
Cash and cash equivalents 23,591 296,632
Restricted cash 7,661 1,111
Marketable securities 22,047 20,224
Receivables, net 249,039 234,873
Deferred charges and prepaid expenses, net 160,063 143,503
Real estate assets held for sale 30,001 16,131
Other assets 63,068 49,834
Total assets $ 8,485,719 $ 8,377,393
Liabilities
Debt obligations, net $ 5,109,454 $ 5,164,518
Accounts payable, accrued expenses and other liabilities 548,084 494,529
Total liabilities 5,657,538 5,659,047
Equity
Common stock, 0.01 par value; authorized 3,000,000,000 shares;
2,999 2,972
Additional paid-in capital 3,292,045 3,231,732
Accumulated other comprehensive income (loss) 8,028 (12,674)
Distributions in excess of net income (474,891) (503,684)
Total equity 2,828,181 2,718,346
Total liabilities and equity $ 8,485,719 $ 8,377,393

All values are in US Dollars.

vi
CONSOLIDATED STATEMENTS OF OPERATIONS
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
Revenues
Rental income $ 304,643 $ 290,013 $ 908,903 $ 853,407
Other revenues 102 173 602 3,549
Total revenues 304,745 290,186 909,505 856,956
Operating expenses
Operating costs 33,299 32,774 102,592 92,914
Real estate taxes 44,179 39,763 128,123 124,908
Depreciation and amortization 84,773 81,724 254,132 246,356
Impairment of real estate assets — — 4,597 1,898
General and administrative 29,094 25,309 86,796 76,415
Total operating expenses 191,345 179,570 576,240 542,491
Other income (expense)
Dividends and interest 88 51 198 242
Interest expense (48,726) (48,918) (143,934) (147,601)
Gain on sale of real estate assets 15,768 11,122 60,667 49,489
Loss on extinguishment of debt, net — (27,116) (221) (28,345)
Other (789) 390 (2,937) 694
Total other expense (33,659) (64,471) (86,227) (125,521)
Net income $ 79,741 $ 46,145 $ 247,038 $ 188,944
Net income per common share:
Basic $ 0.26 $ 0.15 $ 0.82 $ 0.63
Diluted $ 0.26 $ 0.15 $ 0.82 $ 0.63
Weighted average shares:
Basic 300,213 297,188 299,626 297,165
Diluted 301,341 298,269 300,784 298,209
vii
---
FUNDS FROM OPERATIONS (FFO)
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
$ 79,741 $ 46,145 $ 247,038 $ 188,944
Depreciation and amortization related to real estate 83,712 80,778 250,991 243,601
Gain on sale of real estate assets (15,768) (11,122) (60,667) (49,489)
Impairment of real estate assets — — 4,597 1,898
$ 147,685 $ 115,801 $ 441,959 $ 384,954
$ 0.49 $ 0.39 $ 1.47 $ 1.29
301,341 298,269 300,784 298,209
Transaction expenses $ (250) $ (154) $ (1,131) $ (203)
Litigation and other non-routine legal expenses (157) (145) (492) (2,474)
Loss on extinguishment of debt, net — (27,116) (221) (28,345)
$ (407) $ (27,415) $ (1,844) $ (31,022)
$ (0.00) $ (0.09) $ (0.01) $ (0.10)
Straight-line rental income, net (1) $ 6,393 $ 4,951 $ 17,883 $ 10,627
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 2,517 1,974 6,721 6,326
Straight-line ground rent expense, net (2) (2) (32) (167) (120)
$ 0.240 $ 0.215 $ 0.720 $ 0.645
$ 71,979 $ 63,852 $ 215,777 $ 191,546
48.7 % 55.1 % 48.8 % 49.8 %
(1) Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of less than 0.1 million and 0.2 million during the three months ended September 30, 2022 and 2021, respectively. Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of (0.1 million) and (2.1 million) during the nine months ended September 30, 2022 and 2021, respectively.
(2) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.

All values are in US Dollars.

viii
SAME PROPERTY NOI ANALYSIS
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended Nine Months Ended
9/30/22 9/30/21 Change 9/30/22 9/30/21 Change
Same Property NOI Analysis
Number of properties 356 356 — 350 350 —
Percent billed 89.7 % 88.2 % 1.5 % 89.6 % 88.1 % 1.5 %
Percent leased 93.4 % 91.7 % 1.7 % 93.4 % 91.6 % 1.8 %
Revenues
Base rent $ 206,714 $ 197,138 $ 602,071 $ 577,530
Expense reimbursements 63,463 59,331 183,590 174,591
Revenues deemed uncollectible (862) 4,083 6,523 1,342
Ancillary and other rental income / Other revenues 6,133 4,938 17,374 13,789
Percentage rents 1,242 854 6,869 4,277
276,690 266,344 3.9 % 816,427 771,529 5.8 %
Operating expenses
Operating costs (31,067) (30,849) (94,297) (85,816)
Real estate taxes (41,123) (38,179) (117,967) (117,254)
(72,190) (69,028) 4.6 % (212,264) (203,070) 4.5 %
Same property NOI $ 204,500 $ 197,316 3.6 % $ 604,163 $ 568,459 6.3 %
NOI margin 73.9 % 74.1 % 74.0 % 73.7 %
Expense recovery ratio 87.9 % 86.0 % 86.5 % 86.0 %
Percent Contribution to Same Property NOI Performance:
Change Percent Contribution Change Percent Contribution
Base rent - excluding COVID-19 rent deferrals (lease modifications) and rent abatements $ 8,842 4.4 % $ 20,790 3.7 %
Base rent - COVID-19 rent deferrals (lease modifications) and rent abatements 734 0.4 % 3,751 0.6 %
Revenues deemed uncollectible (4,945) (2.5) % 5,181 0.9 %
Net expense reimbursements 970 0.5 % (195) 0.0 %
Ancillary and other rental income / Other revenues 1,195 0.6 % 3,585 0.6 %
Percentage rents 388 0.2 % 2,592 0.5 %
3.6 % 6.3 %
Reconciliation of Net Income to Same Property NOI
Same property NOI $ 204,500 $ 197,316 $ 604,163 $ 568,459
Adjustments:
Non-same property NOI 13,165 11,441 47,436 46,386
Lease termination fees 694 1,999 2,754 7,456
Straight-line rental income, net 6,393 4,951 17,883 10,627
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 2,517 1,974 6,721 6,326
Straight-line ground rent expense, net (2) (32) (167) (120)
Depreciation and amortization (84,773) (81,724) (254,132) (246,356)
Impairment of real estate assets — — (4,597) (1,898)
General and administrative (29,094) (25,309) (86,796) (76,415)
Total other expense (33,659) (64,471) (86,227) (125,521)
Net income $ 79,741 $ 46,145 $ 247,038 $ 188,944
ix
---

Document

Exhibit 99.2

cover3q.jpg[

> SUPPLEMENTAL DISCLOSURE
Three Months Ended September 30, 2022
TABLE OF CONTENTS
--- --- --- --- ---
Page
Glossary of Terms 1
Results Overview & Guidance 3
Financial Summary
Consolidated Balance Sheets 5
Consolidated Statements of Operations 6
EBITDA 7
Funds From Operations (FFO) 8
Supplemental Balance Sheet Detail 9
NOI & Supplemental Statement of Operations Detail 10
Supplemental COVID-19 Disclosure 11
Same Property NOI Analysis 12
Capital Expenditures 13
Capitalization, Liquidity & Debt Ratios 14
Debt Obligations 15
Covenant Disclosure 16
Investment Summary
Acquisitions 18
Dispositions 19
Anchor Space Repositioning Summary 20
Outparcel Development Summary 21
Redevelopment Summary 22
Future Redevelopment Opportunities 25
Portfolio Summary
Portfolio Overview 28
Portfolio Composition 29
Top Forty Retailers Ranked by ABR 30
New & Renewal Lease Summary 31
New Lease Net Effective Rent & Leases Signed But Not Yet Commenced 32
Lease Expiration Schedule 33
MajorCBSADetail 34
Properties by State 37
Property List 38
Note: Financial and operational information is unaudited.
For additional information, please visit https://www.brixmor.com, follow Brixmor on Twitter at https://twitter.com/Brixmor, on Facebook at https://www.facebook.com/Brixmor, on Instagram at https://www.instagram.com/brixmorpropertygroup and on Youtube at https://www.youtube.com/user/Brixmor, and find Brixmor on LinkedIn at https://www.linkedin.com/company/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, 2021 and the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, as such factors may be updated from time to time in our 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 filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
Supplemental Disclosure - Three Months Ended September 30, 2022
---
GLOSSARY OF TERMS ↩Table of<br><br>Contents
--- --- --- ---
Term Definition
Adjusted SOFR Secured Overnight Financing Rate, plus 0.10%.
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.
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><br>References to CBSA rank are based on population estimates from Synergos Technologies, Inc.
EBITDA, EBITDAre, Adjusted EBITDA & Cash Adjusted EBITDA 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 to each of these measures is provided on page 7.<br><br>EBITDA is calculated as the sum of net income (loss), calculated in accordance with GAAP, excluding (i) interest expense, (ii) federal and state taxes, and (iii) depreciation and amortization. EBITDAre represents EBITDA excluding (i) gains and losses from the sale of certain real estate assets and (ii) impairment write-downs of certain real estate assets. 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. EBITDA, EBITDAre, Adjusted EBITDA, and Cash Adjusted EBITDA are calculated after adjustments for unconsolidated joint ventures to reflect each measure on the same basis.
Essential Tenants Businesses deemed necessary for day-to-day living, such as grocery, pharmacy, and general merchandise (discount).
Generally Accepted Accounting Principals ("GAAP") GAAP refers to a common set of Uniting 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.
Local Tenants Single-state operators with fewer than 20 locations.
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.<br><br>A reconciliation of net income to Nareit FFO is provided on page 8.<br><br>Nareit defines FFO as net income (loss), 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 Average ABR PSF over the lease term adjusted for tenant improvements and allowances, third party leasing commissions, and tenant specific landlord work (base building costs funded through tenant allowances). For purposes of calculating net effective rent, 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 NOI to net income 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) corporate level expenses (including general and administrative), (ii) lease termination fees, (iii) straight-line rental income, net, (iv) accretion of below-market leases, net of amortization of above-market leases and tenant inducements and (v) straight-line ground rent expense, net.
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-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.
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. Supplemental Disclosure - Three Months Ended September 30, 2022 Page 1
--- ---
GLOSSARY OF TERMS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- ---
Term Definition
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 Same Property NOI to net income is provided on page 12.<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 9/30/22 Nine Months<br>Ended 9/30/22
Total properties in Brixmor Property Group portfolio 378 378
Acquired properties excluded from Same Property NOI (11) (13)
Additional exclusions (1) (11) (15)
Same Property NOI pool (2) 356 350
(1) Additional exclusions for the three months ended September 30, 2022 and 2021 include 11 properties that were subject to partial dispositions in 2022 and 2021. Additional exclusions for the nine months ended September 30, 2022 and 2021 include 14 properties that were subject to partial dispositions in 2022 and 2021 and one property that was subject to a partial acquisition in 2021.
(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 2022 are excluded from the Same Property NOI pool for the three months ended September 30, 2022, and 2021 and four outparcels acquired in 2022 and 2021 are excluded from the Same Property NOI pool for the nine months ended September 30, 2022 and 2021. Two partial dispositions in 2021 were disaggregated and the balance of the remaining shopping center was included in the Same Property NOI pool for the nine months ended September 30, 2022, and 2021.
Small Shop Spaces Spaces less than 10,000 SF of GLA.
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><br>• EBITDA & Cash Adjusted EBITDA Considering the nature of its business as a real estate owner and operator, the Company believes that EBITDA is useful to investors in measuring its operating performance because the definition excludes items included in net income that do not relate to or are not indicative of the operating performance of the Company’s real estate, such as interest expense, federal and state taxes, and depreciation and amortization. The Company believes EBITDAre is also useful to investors as it further eliminates disparities in EBITDA due to gains and losses from the sale of certain real estate assets and impairment write-downs of certain real estate assets during the period presented and therefore provides a more consistent metric for comparing the operating performance of the Company’s real estate between periods. The Company believes Adjusted EBITDA, which further eliminates disparities in EBITDAre due to gains and losses on extinguishment of debt and other items that the Company believes are not indicative of the Company’s operating performance, and Cash Adjusted EBITDA, which further eliminates straight-line rental income, net, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, and straight-line ground rent expense, net, are also useful to investors in understanding the Company’s operating performance.
• 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 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 that do not relate to, or are not indicative of, the operating performance of the Company’s properties, such as depreciation and amortization, corporate level expenses (including general and administrative), lease termination fees, straight-line rental income, net, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, and straight-line ground rent expense, net. The Company believes that Same Property NOI is also useful to investors as it further eliminates disparities in NOI due to the acquisition or disposition of properties or the stabilization of completed New Development properties during the periods presented 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 September 30, 2022 Page 2
--- ---
RESULTS OVERVIEW & GUIDANCE ↩ Table of Contents
--- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share and per square foot amounts
Three Months Ended Nine Months Ended
Summary Financial Results 9/30/22 9/30/21 9/30/22 9/30/21
Total revenues (page 6) 304,745 290,186 909,505 856,956
Net income (page 6) 79,741 46,145 247,038 188,944
Net income per diluted share (page 6) 0.26 0.15 0.82 0.63
NOI (page 10) 217,665 208,757 651,599 614,845
Adjusted EBITDA (page 7) 198,424 192,751 592,910 566,840
Cash Adjusted EBITDA (page 7) 189,516 185,858 568,473 550,007
Nareit FFO (page 8) 147,685 115,801 441,959 384,954
Nareit FFO per diluted share (page 8) 0.49 0.39 1.47 1.29
Items that impact FFO comparability, net per share (page 8) (0.00) (0.09) (0.01) (0.10)
Dividends declared per share (page 8) 0.240 0.215 0.720 0.645
Dividend payout ratio (as % of Nareit FFO) (page 8) 48.7 55.1 48.8 49.8
Three Months Ended
Summary Operating and Financial Ratios 9/30/22 6/30/22 3/31/22 12/31/21 9/30/21
NOI margin (page 10) 73.7 74.1 73.7 72.3 74.2
Same property NOI performance (page 12) (1) 3.6 6.7 8.4 9.7 14.5
Fixed charge coverage, current quarter annualized (page 14) 4.1x 4.2x 4.1x 3.9x 3.9x
Fixed charge coverage, trailing twelve months (page 14) 4.1x 4.0x 4.0x 3.9x 3.7x
Net principal debt to Adjusted EBITDA, current quarter annualized (page 14) (2) 6.4x 6.4x 6.4x 6.5x 6.2x
Net principal debt to Adjusted EBITDA, trailing twelve months (page 14) (2) 6.5x 6.6x 6.5x 6.5x 6.4x
Outstanding Classes of Stock As of 9/30/22 As of 6/30/22 As of 3/31/22 As of 12/31/21 As of 9/30/21
Common shares outstanding (page 14) 299,913 299,669 299,488 297,210 296,988
Three Months Ended
Summary Acquisitions and Dispositions 9/30/22 6/30/22 3/31/22 12/31/21 9/30/21
Aggregate purchase price of acquisitions (page 18) — 251,125 159,475 191,870 —
Aggregate sale price of dispositions (page 19) 29,100 84,536 60,930 116,165 25,532
NOI adjustment for acquisitions and dispositions, net (3) (160)
Summary Portfolio Statistics (4) As of 9/30/22 As of 6/30/22 As of 3/31/22 As of 12/31/21 As of 9/30/21
Number of properties (page 28) 378 379 380 382 386
Percent billed (page 28) 89.6 89.0 88.6 88.7 88.2
Percent leased (page 28) 93.3 92.5 92.1 92.0 91.5
ABR PSF (page 28) 16.02 15.90 15.64 15.42 15.25
New lease rent spread (page 31) 32.2 34.3 35.9 41.7 26.3
New & renewal lease rent spread (page 31) 14.2 14.6 18.1 14.5 12.3
Total - new, renewal & option lease rent spread (page 31) 10.9 12.5 13.1 12.8 10.7
Total - new, renewal & option GLA (page 31) 2,791,073 2,885,438 2,307,147 2,866,093 2,770,003
2022 Guidance Current Previous(at 8/1/2022) YTD
Nareit FFO per diluted share 1.94 - 1.97 1.93 - 1.97 1.47
Same property NOI performance 5.5% - 6.0% 5.5% - 6.0% 6.3%
(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 September 30, 2022 Page 3
> FINANCIAL SUMMARY
--- ---
Supplemental Disclosure
Three Months Ended September 30, 2022
CONSOLIDATED BALANCE SHEETS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except share information
As of As of
9/30/22 12/31/21
Assets
Real estate
$ 1,830,251 $ 1,773,448
8,369,931 8,009,320
123,182 101,422
550,477 544,224
10,873,841 10,428,414
(2,943,592) (2,813,329)
Real estate, net 7,930,249 7,615,085
Cash and cash equivalents 23,591 296,632
Restricted cash 7,661 1,111
Marketable securities 22,047 20,224
Receivables, net 249,039 234,873
Deferred charges and prepaid expenses, net 160,063 143,503
Real estate assets held for sale 30,001 16,131
Other assets 63,068 49,834
Total assets $ 8,485,719 $ 8,377,393
Liabilities
Debt obligations, net $ 5,109,454 $ 5,164,518
Accounts payable, accrued expenses and other liabilities 548,084 494,529
Total liabilities 5,657,538 5,659,047
Equity
Common stock, 0.01 par value; authorized 3,000,000,000 shares;
2,999 2,972
Additional paid-in capital 3,292,045 3,231,732
Accumulated other comprehensive income (loss) 8,028 (12,674)
Distributions in excess of net income (474,891) (503,684)
Total equity 2,828,181 2,718,346
Total liabilities and equity $ 8,485,719 $ 8,377,393

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 5
CONSOLIDATED STATEMENTS OF OPERATIONS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
Revenues
Rental income $ 304,643 $ 290,013 $ 908,903 $ 853,407
Other revenues 102 173 602 3,549
Total revenues 304,745 290,186 909,505 856,956
Operating expenses
Operating costs 33,299 32,774 102,592 92,914
Real estate taxes 44,179 39,763 128,123 124,908
Depreciation and amortization 84,773 81,724 254,132 246,356
Impairment of real estate assets — — 4,597 1,898
General and administrative 29,094 25,309 86,796 76,415
Total operating expenses 191,345 179,570 576,240 542,491
Other income (expense)
Dividends and interest 88 51 198 242
Interest expense (48,726) (48,918) (143,934) (147,601)
Gain on sale of real estate assets 15,768 11,122 60,667 49,489
Loss on extinguishment of debt, net — (27,116) (221) (28,345)
Other (789) 390 (2,937) 694
Total other expense (33,659) (64,471) (86,227) (125,521)
Net income $ 79,741 $ 46,145 $ 247,038 $ 188,944
Net income per common share:
Basic $ 0.26 $ 0.15 $ 0.82 $ 0.63
Diluted $ 0.26 $ 0.15 $ 0.82 $ 0.63
Weighted average shares:
Basic 300,213 297,188 299,626 297,165
Diluted 301,341 298,269 300,784 298,209
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 6
--- ---
EBITDA ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
$ 79,741 $ 46,145 $ 247,038 $ 188,944
Interest expense 48,726 48,918 143,934 147,601
Federal and state taxes 545 (329) 2,032 508
Depreciation and amortization 84,773 81,724 254,132 246,356
213,785 176,458 647,136 583,409
Gain on sale of real estate assets (15,768) (11,122) (60,667) (49,489)
Impairment of real estate assets — — 4,597 1,898
$ 198,017 $ 165,336 $ 591,066 $ 535,818
$ 198,017 $ 165,336 $ 591,066 $ 535,818
Transaction expenses 250 154 1,131 203
Litigation and other non-routine legal expenses 157 145 492 2,474
Loss on extinguishment of debt, net — 27,116 221 28,345
Total adjustments 407 27,415 1,844 31,022
$ 198,424 $ 192,751 $ 592,910 $ 566,840
$ 198,424 $ 192,751 $ 592,910 $ 566,840
Straight-line rental income, net (1) (6,393) (4,951) (17,883) (10,627)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements (2,517) (1,974) (6,721) (6,326)
Straight-line ground rent expense, net (2) 2 32 167 120
Total adjustments (8,908) (6,893) (24,437) (16,833)
$ 189,516 $ 185,858 $ 568,473 $ 550,007
(1) Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of less than (0.1 million) and (0.2 million) during the three months ended September 30, 2022 and 2021, respectively. Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of 0.1 million and 2.1 million during the nine months ended September 30, 2022 and 2021, respectively.
(2) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 7
FUNDS FROM OPERATIONS (FFO) ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands, except per share amounts
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
$ 79,741 $ 46,145 $ 247,038 $ 188,944
Depreciation and amortization related to real estate 83,712 80,778 250,991 243,601
Gain on sale of real estate assets (15,768) (11,122) (60,667) (49,489)
Impairment of real estate assets — — 4,597 1,898
$ 147,685 $ 115,801 $ 441,959 $ 384,954
$ 0.49 $ 0.39 $ 1.47 $ 1.29
301,341 298,269 300,784 298,209
Transaction expenses $ (250) $ (154) $ (1,131) $ (203)
Litigation and other non-routine legal expenses (157) (145) (492) (2,474)
Loss on extinguishment of debt, net — (27,116) (221) (28,345)
$ (407) $ (27,415) $ (1,844) $ (31,022)
$ (0.00) $ (0.09) $ (0.01) $ (0.10)
Straight-line rental income, net (1) $ 6,393 $ 4,951 $ 17,883 $ 10,627
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 2,517 1,974 6,721 6,326
Straight-line ground rent expense, net (2) (2) (32) (167) (120)
$ 0.240 $ 0.215 $ 0.720 $ 0.645
$ 71,979 $ 63,852 $ 215,777 $ 191,546
48.7 % 55.1 % 48.8 % 49.8 %
(1) Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of less than 0.1 million and 0.2 million during the three months ended September 30, 2022 and 2021, respectively. Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of (0.1 million) and (2.1 million) during the nine months ended September 30, 2022 and 2021, respectively.
(2) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 8
SUPPLEMENTAL BALANCE SHEET DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
As of As of
9/30/22 12/31/21
Receivables, net
Straight-line rent receivable, net $ 155,169 $ 139,486
Tenant receivables, net 85,548 88,242
Other 8,322 7,145
Total receivables, net $ 249,039 $ 234,873
Deferred charges and prepaid expenses, net
Deferred charges, net $ 129,021 $ 120,831
Prepaid expenses, net 31,042 22,672
Total deferred charges and prepaid expenses, net $ 160,063 $ 143,503
Other assets
Right-of-use asset $ 36,738 $ 29,325
Furniture, fixtures and leasehold improvements, net 14,208 16,129
Interest rate swaps 8,884 —
Other 3,238 4,380
Total other assets $ 63,068 $ 49,834
Accounts payable, accrued expenses and other liabilities
Accounts payable and other accrued expenses $ 279,188 $ 252,912
Below market leases, net 100,110 80,942
Dividends payable 75,252 74,420
Lease liability 41,009 33,713
Interest rate swaps — 12,585
Real estate liabilities held for sale 201 —
Other 52,324 39,957
Total accounts payable, accrued expenses and other liabilities $ 548,084 $ 494,529
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 9
--- ---
NOI & SUPPLEMENTAL STATEMENT OF OPERATIONS DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
Base rent $ 220,023 $ 208,550 $ 650,896 $ 621,206
Expense reimbursements 68,433 62,219 199,982 186,850
Revenues deemed uncollectible (925) 4,353 5,958 2,113
Ancillary and other rental income / Other revenues 6,357 5,249 18,174 17,657
Percentage rents 1,253 891 7,137 4,721
Operating costs (33,297) (32,742) (102,425) (92,794)
Real estate taxes (44,179) (39,763) (128,123) (124,908)
$ 217,665 $ 208,757 $ 651,599 $ 614,845
NOI margin (NOI / revenues) 73.7 % 74.2 % 73.9 % 73.9 %
Expense recovery ratio (expense reimbursements / (operating costs + real estate taxes)) 88.3 % 85.8 % 86.7 % 85.8 %
$ 217,665 $ 208,757 $ 651,599 $ 614,845
Lease termination fees 694 1,999 2,754 7,456
Straight-line rental income, net (1) 6,393 4,951 17,883 10,627
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 2,517 1,974 6,721 6,326
Straight-line ground rent expense, net (2) (2) (32) (167) (120)
Depreciation and amortization (84,773) (81,724) (254,132) (246,356)
Impairment of real estate assets — — (4,597) (1,898)
General and administrative (29,094) (25,309) (86,796) (76,415)
Total other expense (33,659) (64,471) (86,227) (125,521)
$ 79,741 $ 46,145 $ 247,038 $ 188,944
Base rent $ 220,023 $ 208,550 $ 650,896 $ 621,206
Expense reimbursements 68,433 62,219 199,982 186,850
Revenues deemed uncollectible (925) 4,353 5,958 2,113
Lease termination fees 694 1,999 2,754 7,456
Straight-line rental income, net (1) 6,393 4,951 17,883 10,627
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 2,517 1,974 6,721 6,326
Ancillary and other rental income 6,255 5,076 17,572 14,108
Percentage rents 1,253 891 7,137 4,721
Total rental income $ 304,643 $ 290,013 $ 908,903 $ 853,407
$ 102 $ 173 $ 602 $ 3,549
Note interest $ 42,654 $ 44,972 $ 128,215 $ 134,202
Unsecured credit facility and term loan interest 5,814 3,802 14,820 12,743
Capitalized interest (783) (1,019) (2,215) (2,836)
Deferred financing cost amortization 1,756 1,874 5,261 5,638
Debt premium and discount accretion, net (715) (711) (2,147) (2,146)
Total interest expense $ 48,726 $ 48,918 $ 143,934 $ 147,601
Federal and state taxes $ 545 $ (329) $ 2,032 $ 508
Other 244 (61) 905 (1,202)
Total other $ 789 $ (390) $ 2,937 $ (694)
$ 4,390 $ 4,198 $ 12,902 $ 12,119
675 738 3,125 1,497
2,061 2,042 5,985 4,795
6,071 4,027 16,414 10,818
(1) Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of less than 0.1 million and 0.2 million during the three months ended September 30, 2022 and 2021, respectively. Includes straight-line rental income reversals and re-establishments associated with the conversion of tenants between the cash and accrual bases of accounting of (0.1 million) and (2.1 million) during the nine months ended September 30, 2022 and 2021, respectively.
(2) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
(3) Capitalized leasing legal costs represent incremental direct costs associated with the execution of a lease.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 10
SUPPLEMENTAL COVID-19 DISCLOSURE ↩Table of<br><br>Contents
--- ---
Unaudited, dollars in thousands
Revenues Deemed Uncollectible Information - Three Months Ended 9/30/22
--- --- --- --- --- --- --- --- --- --- --- --- ---
Revenues deemed uncollectible - base rent (1)(2) $ (3,083)
3,765
2,437
18
(4,062)
Revenues deemed uncollectible (page 10) $ (925)
Reserve Information (5) Twenty-Seven Months<br>Ended 6/30/22 Three Months<br>Ended 9/30/22 Thirty Months<br>Ended 9/30/22
Reserves on uncollected base rent
Accrued but uncollected base rent $ 38,548 $ 5,540 $ 44,088
34,767 90.2 % 3,083 55.6 % 37,850 85.9 %
Reserves on uncollected and unaddressed (under negotiation) base rent
Accrued but uncollected and unaddressed (under negotiation) base rent $ 29,391 $ 5,518 $ 34,909
26,164 89.0 % 3,064 55.5 % 29,228 83.7 %
Reserves on deferred base rent
Rent deferrals, net (not lease modifications) adjusted for out-of-period activity $ 9,157 $ 22 $ 9,179
8,603 93.9 % 19 86.4 % 8,622 93.9 %
(1) Represents revenues deemed uncollectible recognized on three months ended September 30, 2022 base rent billings.
(2) Includes 3.1 million of revenues deemed uncollectible related to certain tenants on the cash basis of accounting.
(3) Includes 1.4 million and 2.3 million of out-of-period cash received on rent deferrals (not lease modifications) and unaddressed (under negotiation) revenues deemed uncollectible, respectively.
(4) Includes less than 0.1 million of out-of-period reductions on unaddressed (under negotiation) revenues deemed uncollectible, partially offset by less than 0.1 million of out-of-period additional reserves on rent deferrals (not lease modifications).
(5) Amounts are as of September 30, 2022 and do not reflect rent deferral or abatement agreements executed or cash collected subsequent to September 30, 2022.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 11
SAME PROPERTY NOI ANALYSIS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended Nine Months Ended
9/30/22 9/30/21 Change 9/30/22 9/30/21 Change
Same Property NOI Analysis
Number of properties 356 356 — 350 350 —
Percent billed 89.7 % 88.2 % 1.5 % 89.6 % 88.1 % 1.5 %
Percent leased 93.4 % 91.7 % 1.7 % 93.4 % 91.6 % 1.8 %
Revenues
Base rent $ 206,714 $ 197,138 $ 602,071 $ 577,530
Expense reimbursements 63,463 59,331 183,590 174,591
Revenues deemed uncollectible (862) 4,083 6,523 1,342
Ancillary and other rental income / Other revenues 6,133 4,938 17,374 13,789
Percentage rents 1,242 854 6,869 4,277
276,690 266,344 3.9 % 816,427 771,529 5.8 %
Operating expenses
Operating costs (31,067) (30,849) (94,297) (85,816)
Real estate taxes (41,123) (38,179) (117,967) (117,254)
(72,190) (69,028) 4.6 % (212,264) (203,070) 4.5 %
Same property NOI $ 204,500 $ 197,316 3.6 % $ 604,163 $ 568,459 6.3 %
NOI margin 73.9 % 74.1 % 74.0 % 73.7 %
Expense recovery ratio 87.9 % 86.0 % 86.5 % 86.0 %
Percent Contribution to Same Property NOI Performance:
Change Percent Contribution Change Percent Contribution
Base rent - excluding COVID-19 rent deferrals (lease modifications) and rent abatements $ 8,842 4.4 % $ 20,790 3.7 %
Base rent - COVID-19 rent deferrals (lease modifications) and rent abatements 734 0.4 % 3,751 0.6 %
Revenues deemed uncollectible (4,945) (2.5) % 5,181 0.9 %
Net expense reimbursements 970 0.5 % (195) 0.0 %
Ancillary and other rental income / Other revenues 1,195 0.6 % 3,585 0.6 %
Percentage rents 388 0.2 % 2,592 0.5 %
3.6 % 6.3 %
Reconciliation of Net Income to Same Property NOI
Same property NOI $ 204,500 $ 197,316 $ 604,163 $ 568,459
Adjustments:
Non-same property NOI 13,165 11,441 47,436 46,386
Lease termination fees 694 1,999 2,754 7,456
Straight-line rental income, net 6,393 4,951 17,883 10,627
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements 2,517 1,974 6,721 6,326
Straight-line ground rent expense, net (2) (32) (167) (120)
Depreciation and amortization (84,773) (81,724) (254,132) (246,356)
Impairment of real estate assets — — (4,597) (1,898)
General and administrative (29,094) (25,309) (86,796) (76,415)
Total other expense (33,659) (64,471) (86,227) (125,521)
Net income $ 79,741 $ 46,145 $ 247,038 $ 188,944
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 12
--- ---
CAPITAL EXPENDITURES ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Three Months Ended Nine Months Ended
9/30/22 9/30/21 9/30/22 9/30/21
Leasing related:
Tenant improvements and tenant inducements $ 17,252 $ 11,797 $ 54,147 $ 37,679
External leasing commissions 2,614 2,316 10,003 7,859
19,866 14,113 64,150 45,538
Maintenance capital expenditures 21,062 16,121 48,411 32,389
Total leasing related and maintenance capital expenditures $ 40,928 $ 30,234 $ 112,561 $ 77,927
Value-enhancing:
Anchor space repositionings $ 6,227 $ 11,757 $ 25,442 $ 34,209
Outparcel developments 3,872 3,040 7,811 7,559
Redevelopments 28,849 24,683 73,075 79,443
New development 16 58 341 326
Other (1) 7,366 4,106 19,840 6,982
Total value-enhancing capital expenditures $ 46,330 $ 43,644 $ 126,509 $ 128,519
(1) Includes, but is not limited to, minor value-enhancing projects, LED lighting upgrades, and solar array installations.
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 13
--- ---
CAPITALIZATION, LIQUIDITY & DEBT RATIOS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- ---
Unaudited, dollars and shares in thousands except per share amounts
As of As of
9/30/22 12/31/21
Common shares outstanding 299,913 297,210
Common share price $ 18.47 $ 25.41
$ 5,539,393 $ 7,552,106
Revolving credit facility $ 200,000 $ —
Term loan facility 300,000 300,000
Unsecured notes 4,618,453 4,868,453
5,118,453 5,168,453
24,503 26,651
(33,502) (30,586)
5,109,454 5,164,518
(31,252) (297,743)
$ 5,078,202 $ 4,866,775
$ 10,617,595 $ 12,418,881
Cash and cash equivalents and restricted cash $ 31,252 $ 297,743
Available under revolving credit facility (1) 1,049,475 1,249,252
Available under term loan facility 200,000 —
$ 1,280,727 $ 1,546,995
Principal debt to total market capitalization 48.2 % 41.6 %
Principal debt to total assets, before depreciation 44.8 % 46.2 %
Unencumbered assets to unsecured debt 2.2x 2.2x
Net principal debt to Adjusted EBITDA, current quarter annualized (2) 6.4x 6.5x
Net principal debt to Adjusted EBITDA, trailing twelve months (2) 6.5x 6.5x
Interest coverage, current quarter annualized (Adjusted EBITDA / interest expense) 4.1x 3.9x
Interest coverage, trailing twelve months (Adjusted EBITDA / interest expense) 4.1x 3.9x
Fixed charge coverage, current quarter annualized (Adjusted EBITDA / (interest expense + scheduled principal payments)) 4.1x 3.9x
Fixed charge coverage, trailing twelve months (Adjusted EBITDA / (interest expense + scheduled principal payments)) 4.1x 3.9x
As of As of
9/30/22 12/31/21
Percentage of total debt: (3)
Fixed 96.1 % 95.2 %
Variable 3.9 % 4.8 %
Unencumbered summary:
Percent of properties, ABR and NOI 100.0 % 100.0 %
Weighted average maturity (years):
Fixed 5.2 5.8
Variable 3.8 0.1
Total 5.1 5.5
Fitch Ratings BBB Stable
Moody's Investors Service Baa3 Stable
Standard & Poor's Ratings Services BBB- Positive
(1) Funds available under the revolving credit facility are reduced by three outstanding letters of credit totaling 0.5 million.
(2) Net principal debt is as of the end of each specified period.
(3) Includes the impact of the Company's interest rate swap agreements.
(4) As of October 31, 2022.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 14
DEBT OBLIGATIONS ↩Table of<br><br>Contents
--- --- --- --- --- --- ---
Unaudited, dollars in thousands
Maturity Schedule - Debt Obligations
Year Maturities Weighted Average Stated Interest Rate (1)
2022 $ — —
2023 — —
2024 500,000 3.65 %
2025 700,000 3.85 %
2026 807,542 4.16 %
2027 700,000 3.85 %
2028 357,708 2.35 %
2029 753,203 4.14 %
2030 800,000 4.05 %
2031 500,000 2.50 %
Total Debt Obligations $ 5,118,453 3.72 %
Net unamortized premium 24,503
Deferred financing costs (33,502)
Debt Obligations, Net $ 5,109,454
Summary of Outstanding Debt Obligations
--- --- --- --- --- --- --- --- ---
Outstanding Weighted Average Maturity Percent of
Principal Balance Stated Interest Rate (1) Date Total Indebtedness
Term Loan Facility (Adjusted SOFR + 119 basis points) (2)(3) $ 300,000 3.78 % 7/26/27 5.86 %
Unsecured Notes
3.65% 2024 Brixmor OP Notes 500,000 3.65 % 6/15/24 9.77 %
3.85% 2025 Brixmor OP Notes 700,000 3.85 % 2/1/25 13.68 %
4.13% 2026 Brixmor OP Notes 600,000 4.13 % 6/15/26 11.72 %
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 0.12 %
7.68% 2026 Brixmor LLC Notes I 748 7.68 % 11/2/26 0.02 %
3.90% 2027 Brixmor OP Notes 400,000 3.90 % 3/15/27 7.81 %
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 0.11 %
2.25% 2028 Brixmor OP Notes 350,000 2.25 % 4/1/28 6.84 %
4.13% 2029 Brixmor OP Notes 750,000 4.13 % 5/15/29 14.65 %
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 15.63 %
2.50% 2031 Brixmor OP Notes 500,000 2.50 % 8/16/31 9.77 %
Total Fixed Rate Unsecured Notes 4,618,453 3.69 % 90.23 %
Total Fixed Rate Debt $ 4,918,453 3.70 % 96.09 %
Revolving Credit Facility (Adjusted SOFR + 104 basis points)(3) $ 200,000 4.12 % 6/30/26 3.91 %
Total Variable Rate Debt $ 200,000 4.12 % 3.91 %
Total Debt Obligations $ 5,118,453 3.72 % 100.00 %
Net unamortized premium 24,503
Deferred financing costs (33,502)
Debt Obligations, Net $ 5,109,454
(1) Weighted average stated interest rate includes the impact of the Company's interest rate swap agreements.
(2) Effective June 1, 2022, 300,000 of the Term Loan Facility is swapped from Adjusted SOFR to a fixed, combined rate of 2.59% (plus a spread of 119 basis points) through July 26, 2024.
(3) Reflects a 1 basis point rate reduction due to the achievement of certain sustainability metric targets for the year ended December 31, 2021.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 15
COVENANT DISCLOSURE ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- ---
Unaudited, dollars in thousands
Unsecured OP Notes Covenant Disclosure
Covenants 9/30/22
I. Aggregate debt test < 65% 45.9 %
Total Debt 5,109,454
Total Assets 11,143,534
II. Secured debt test (1) < 40% N/A
Total Secured Debt (1) —
Total Assets 11,143,534
III. Unencumbered asset ratio > 150% 218.1 %
Total Unencumbered Assets 11,143,534
Unsecured Debt 5,109,454
Prior Twelve Months Prior Six Months, Annualized
IV. Debt service test (2) > 1.5x 4.0 x 4.1 x
Consolidated EBITDA 779,159 796,898
Annual Debt Service Charge 194,874 195,180
(1) The Company had no secured debt as of September 30, 2022.
(2) For the OP's 2.250% 2028 Notes, 4.050% 2030 Notes, and 2.500% 2031 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 August 11, 2021 and the notes and indenture incorporated therein by reference.
Unsecured Credit Facility Covenant Disclosure
Covenants 9/30/22
I. Leverage ratio < 60% 37.7 %
Total Outstanding Indebtedness 5,118,453
Balance Sheet Cash (1) 35,065
Total Asset Value 13,467,412
II. Secured leverage ratio (2) < 40% N/A
Total Secured Indebtedness (2) —
Balance Sheet Cash (1) 35,065
Total Asset Value 13,467,412
III. Unsecured leverage ratio < 60% 37.8 %
Total Unsecured Indebtedness 5,118,453
Unrestricted Cash (3) 27,404
Unencumbered Asset Value 13,467,412
IV. Fixed charge coverage ratio > 1.5x 4.5x
Total Net Operating Income 874,824
Capital Expenditure Reserve 10,028
Fixed Charges 194,112
(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 September 30, 2022.
(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 Third Amended and Restated Revolving Credit and Term Loan Agreement, dated as of April 28, 2022 filed as Exhibit 10.1 to Form 10-Q, filed with the Securities and Exchange Commission on May 2, 2022.
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 16
--- ---
> INVESTMENT SUMMARY
--- ---
Supplemental Disclosure
Three Months Ended September 30, 2022
ACQUISITIONS ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except ABR PSF
Property Name CBSA Purchase Date Purchase Price GLA / <br>Acres (1) Percent Leased (1) ABR<br>PSF (1)(2) Major Tenants (1)(3)
Three Months Ended March 31, 2022
Brea Gateway Los Angeles-Long Beach-Anaheim, CA 1/7/22 $ 85,650 181,819 95.8 % $ 25.08 Ralphs (Kroger), Cost Plus World Market, HomeGoods, Rite Aid
Land at Cobblestone Village Jacksonville, FL 1/10/22 1,625 1.2 acres - - -
Arboretum Village Dallas-Fort Worth-Arlington, TX 1/21/22 46,200 95,354 97.4 % 26.42 Tom Thumb (Albertsons), Ace Hardware, PetSmart
Ravinia Plaza Chicago-Naperville-Elgin, IL-IN-WI 2/24/22 26,000 101,800 81.1 % 17.79 Whole Foods Market
$ 159,475 378,973 / 1.2 acres
Three Months Ended June 30, 2022
Elmhurst Crossing Chicago-Naperville-Elgin, IL-IN-WI 4/13/22 $ 75,100 347,503 100.0 % $ 14.03 Whole Foods Market, At Home, Kohls, Party City, Petco, Shoe Carnival
North Riverside Plaza Chicago-Naperville-Elgin, IL-IN-WI 4/13/22 60,000 383,884 94.7 % 12.05 Amazon Fresh, Best Buy, Burlington Stores, Kohl's, Michaels, Petco
West U Marketplace Houston-The Woodlands-Sugar Land, TX 4/19/22 33,500 60,136 100.0 % 26.09 Whole Foods Market
Waterford Commons - Ruby Tuesday Norwich-New London, CT 5/16/22 1,525 6,781 - - -
Lake Pointe Village Houston-The Woodlands-Sugar Land, TX 6/10/22 81,000 162,263 87.7 % 28.66 Whole Foods Market
$ 251,125 960,567
TOTAL - NINE MONTHS ENDED SEPTEMBER 30, 2022 $ 410,600 1,339,540 / 1.2 acres
(1) Data presented is as of the quarter end subsequent to the acquisition 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 September 30, 2022 Page 18
--- ---
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, 2022
Conyers Plaza Atlanta-Sandy Springs-Alpharetta, GA 2/1/22 $ 25,550 171,374 97.4 % $ 13.79 JOANN, PetSmart, Value Village
New Garden Center Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2/18/22 8,800 147,370 95.7 % 8.28 Big Lots, Ollie's Bargain Outlet, Planet Fitness
Hub Shopping Center Kansas City, MO-KS 2/25/22 10,000 160,423 100.0 % 6.48 Price Chopper, Dollar Tree, Oak Street Health
Westgate Dublin, GA 3/18/22 7,200 104,794 93.2 % 6.93 Big Lots, Citi Trends, Planet Fitness
East Ridge Crossing Chattanooga, TN-GA 3/28/22 7,380 58,950 93.9 % 10.64 Food Lion (Ahold Delhaize)
Superior Marketplace - Panda Express (4) Boulder, CO 3/29/22 2,000 2,500 100.0 % 39.93 Panda Express
$ 60,930 645,411
Three Months Ended June 30, 2022
Delta Center - Chipotle Mexican Grill (4) Lansing-East Lansing, MI 4/1/22 $ 1,796 2,400 100.0 % $ 41.67 -
Haymarket Mall Des Moines-West Des Moines, IA 4/8/22 8,858 226,875 90.3 % 6.61 Burlington Stores, Harbor Freight Tools, Hobby Lobby
Anson Station Charlotte-Concord-Gastonia, NC-SC 4/8/22 6,600 132,353 77.9 % 5.93 Food Lion (Ahold Delhaize), Rose's, Tractor Supply Co.
North Dover Center Dover, DE 5/5/22 28,750 191,974 98.2 % 11.57 Bob's Discount Furniture, Hobby Lobby, Kirkland's, Party City, Staples, T.J.Maxx
Brice Park Columbus, OH 5/18/22 13,500 147,800 92.7 % 10.52 Ashley Furniture, Citi Trends, Dollar Tree, Michaels
Elk Grove Town Center - Walgreens (4) Chicago-Naperville-Elgin, IL-IN-WI 6/8/22 5,032 13,905 100.0 % 18.99 Walgreens
Stone Mountain Festival - Walmart (4) Atlanta-Sandy Springs-Alpharetta, GA 6/10/22 11,000 210,606 100.0 % 2.92 Walmart Supercenter
Torrington Plaza Torrington, CT 6/23/22 9,000 125,496 73.8 % 11.69 JOANN, Staples, T.J.Maxx
$ 84,536 1,051,409
Three Months Ended September 30, 2022
Valley Fair - former Mealy's (4) Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 7/26/22 $ 5,400 60,000 — % N/A -
Valley Crossing Hickory-Lenoir-Morganton, NC 7/27/22 20,700 191,431 98.8 % $ 9.63 Academy Sports + Outdoors, American Freight Furniture, Dollar Tree, Harbor Freight Tools, Ollie's Bargain Outlet
Briggsmore Plaza - McDonald's (4) Modesto, CA 9/23/22 1,200 2,626 100.0 % N/A -
Parkway Plaza - Biscuitville (4) Winston-Salem, NC 9/30/22 1,800 2,863 100.0 % N/A -
$ 29,100 256,920
TOTAL - NINE MONTHS ENDED SEPTEMBER 30, 2022 $ 174,566 1,953,740
(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.
(4) Represents partial sale of property. Data presented reflects only the portion of property sold.
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 19
--- ---
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 September 30, 2022
1 Downtown Publix Port St. Lucie, FL Expansion of existing Revive Wellness to 14K SF
2 Westridge Court - Project II Chicago-Naperville-Elgin, IL-IN-WI Reconfigure and remerchandise former Savers with a 26K SF The Fresh Market
3 Brentwood Plaza Cincinnati, OH-KY-IN Combine several small shop spaces for a 15K SF Ace Hardware
In Process Projects
4 Cudahy Plaza Los Angeles-Long Beach-Anaheim, CA Remerchandise former Big Lots with a 26K SF Sprouts Farmers Market
5 Lompoc Center Santa Maria-Santa Barbara, CA Remerchandise former grocer with a 21K SF ALDI, a 15K SF Boot Barn, and an additional junior anchor
6 Aurora Plaza Denver-Aurora-Lakewood, CO Combine former Gen-X and Techno Rescue for a 48K SF Chuze Fitness
7 Stone Mountain Festival Atlanta-Sandy Springs-Alpharetta, GA Remerchandise former Hobby Lobby with a 35K SF Conn’s Home Plus and a 17K SF Harbor Freight Tools
8 Columbus Center Columbus, IN Remerchandise former Big Lots with a 21K SF Burlington Stores and a 4K SF Bath & Body Works
9 Seacoast Shopping Center Boston-Cambridge-Newton, MA-NH Remerchandise former NH1 Motorsports with a 25K SF The Zoo Health Club and a 22K SF Tractor Supply Co.
10 Maple Village Ann Arbor, MI Remerchandise former Stein Mart with a 25K SF Burlington Stores and additional retailers
11 Hampton Village Centre Detroit-Warren-Dearborn, MI Remerchandise former Best Buy with a 41K SF grocer and a 5K SF My Salon Suites
12 Redford Plaza Detroit-Warren-Dearborn, MI Relocate and rightsize existing Burlington Stores to 30K SF and remerchandise the vacated space with a 15K SF Aaron's and additional retailers
13 Rio Grande Plaza Ocean City, NJ Remerchandise former Peebles with a 20K SF Burlington Stores and additional retailers
14 Parkway Plaza New York-Newark-Jersey City, NY-NJ-PA Combine former Minado Restaurant and Stew Leonard's Wine & Spirits for a 21K SF ALDI
15 Suffolk Plaza New York-Newark-Jersey City, NY-NJ-PA Remerchandise former A&P with a 43K SF grocer and a 14K SF Five Below
16 Franklin Square Charlotte-Concord-Gastonia, NC-SC Relocation of existing H&R Block to accommodate the combination of several small shop spaces for a 10K SF pOpshelf
17 Barn Plaza Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Remerchandise former Marshalls with a 44K SF specialty grocer and additional retailers
18 Collegetown Shopping Center Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Remerchandise former Staples with a 10K SF Five Below and additional small shop space
Number of Projects Net Estimated Costs (1) Gross Costs to Date Expected NOI Yield (1)
Total In Process 18 $ 72,800 $ 33,400 7% - 14%
STABILIZED ANCHOR SPACE REPOSITIONINGS
Projects Stabilized During the Three Months Ended September 30, 2022
1 Cayuga Mall Ithaca, NY Remerchandise former Rite Aid and Party City with a 22K SF ALDI, an 18K SF medical use and additional small shop space
2 Garner Towne Square Raleigh-Cary, NC Remerchandise former grocer with a 30K SF Lidl, a 15K SF Harbor Freight Tools, and a 3K SF Eggs Up Grill
3 Florence Plaza - Florence Square - Project I Cincinnati, OH-KY-IN Rightsize existing T.J.Maxx / HomeGoods combo store to 48K SF to accommodate a 19K SF Sierra Trading Post and additional retailers
Projects Stabilized During the Six Months Ended June 30, 2022
4 Springdale - Phase III Mobile, AL Remerchandise former Burlington Stores (relocated within center) with a 46K SF Conn's HomePlus, a 27K SF Crunch Fitness, and a 14K SF Fresenius Medical Care
5 Westridge Court - Project I Chicago-Naperville-Elgin, IL-IN-WI Combine several small shop spaces for a 14K SF La-Z-Boy Furniture
6 Hamilton Plaza Trenton-Princeton, NJ Remerchandise former Kmart with a 21K SF Grocery Outlet, a 16K SF Rothman Orthopaedic Institute, a 10K SF Dollar Tree and additional retailers
7 College Plaza New York-Newark-Jersey City, NY-NJ-PA Remerchandise former Bob’s Stores with a 31K SF Wren Kitchens
8 Preston Ridge Dallas-Fort Worth-Arlington, TX Combine former Tuesday Morning and adjacent small shop space for a 14K SF pOpshelf
Number of Projects Net Project <br>Costs (1) NOI Yield (1)
Total Stabilized 8 $ 37,500 9 %
(1) Represents 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, 2021. Supplemental Disclosure - Three Months Ended September 30, 2022 Page 20
--- ---
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 September 30, 2022
Texas City Bay Houston-The Woodlands-Sugar Land, TX Construction of a 13K SF Take 5 Oil Change Jun-23 $ 100 $ 50 33 %
Cobblestone Village Jacksonville, FL Construction of a 4K SF Whataburger Sep-23 1,750 1,750 7 %
In Process Projects
Plaza by the Sea Los Angeles-Long Beach-Anaheim, CA Construction of a 4K SF multi-tenant outparcel, including a 2K SF Plant Power Fast Food and a 2K SF Handel's Homemade Ice Cream Dec-22 2,900 2,500 7 %
Marketplace at Wycliffe (2) Miami-Fort Lauderdale-Pompano Beach, FL Construction of a 2K SF KFC Dec-22 250 200 44 %
Market Centre Elkhart-Goshen, IN Construction of a 10K SF multi-tenant outparcel, including a 5K SF Panera, a 2K SF GNC and a 1K SF Cricket Wireless Dec-22 3,050 2,650 9 %
Westgate Plaza Springfield, MA Construction of a 20K SF ALDI and 2K SF Popeyes Dec-22 2,500 1,500 9 %
Northside Dalton, GA Construction of a 5K SF Chick-fil-A Mar-23 100 50 112 %
Plaza Rio Vista Riverside-San Bernardino-Ontario, CA Construction of a 4K SF Quick Quack Car Wash Jun-23 750 700 16 %
Upland Town Square Riverside-San Bernardino-Ontario, CA Construction of a 1K SF Dutch Bros. Coffee Jun-23 1,050 450 4 %
Capitol Shopping Center Concord, NH Construction of a 6K SF 110 Grill, a 5K SF multi-tenant building and a 2K SF drive thru Jun-23 6,000 2,250 8 %
Delhi Shopping Center Cincinnati, OH-KY-IN Construction of a 1K SF Take 5 Oil Change Jun-23 50 50 83 %
Nesconset Shopping Center New York-Newark-Jersey City, NY-NJ-PA Construction of a 7K SF multi-tenant outparcel, including a 4K SF Aspen Dental and a 3K SF Bethpage Federal Credit Union (re-located from within the center) Sep-23 4,750 3,800 9 %
TOTAL IN PROCESS OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 23,250 $ 15,950 9 %
Stabilization Net Project
Property Name CBSA Project Description Quarter Costs (1,3) NOI Yield (1,3)
Projects Stabilized During the Three Months Ended September 30, 2022
Rose Pavilion San Francisco-Oakland-Berkeley, CA Construction of a 2K SF Taco Bell Sep-22 $ 500 11 %
Dalewood I, II & III Shopping Center New York-Newark-Jersey City, NY-NJ-PA Construction of a 5K SF multi-tenant outparcel, including a 3K SF Shake Shack and a 2K SF Crumbl Cookies Sep-22 3,100 14 %
Bethel Park Shopping Center Pittsburgh, PA Construction of a 2K SF Popeyes Sep-22 550 15 %
Highland Village Town Center Dallas-Fort Worth-Arlington, TX Construction of a 3K SF HTeaO Sep-22 600 14 %
Projects Stabilized During The Six Months Ended June 30, 2022
The Commons at Wolfcreek - Project II Memphis, TN-MS-AR Construction of a 2K SF Whataburger Jun-22 300 58 %
TOTAL STABILIZED OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 5,050 16 %
(1) Represents gross project costs less any project specific credits (lease termination fees or other ancillary credits).
(2) Net project costs exclude 0.6 million of project specific credits (lease termination fees or other ancillary credits).
(3) 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, 2021.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 21
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)
IN PROCESS REDEVELOPMENTS
New Projects Added To In Process Pipeline During The Three Months Ended September 30, 2022
1 Dalewood I, II & III Shopping Center New York-Newark-Jersey City, NY-NJ-PA Remerchandise former Mrs. Green's Natural Market, former Pet Valu, and former Rite Aid with a 10K SF Ulta, a 3K SF Paris Baguette, and additional retailers; and shopping center upgrades including façade renovations and common area enhancements 6 Mar-24 $ 7,600 $ 1,550 14 %
2 Plymouth Square Shopping Center Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment and remerchandise of 94K SF in-line and lower-level retail space including an 18K SF Planet Fitness, an 8K SF Pet Supplies Plus, a 7K SF My Salon Suites, and additional retailers; and shopping center upgrades including façade and parking renovations, new landscaping and signage, and improved pedestrian and vehicular access 17 Jun-24 22,400 7,000 7 %
In Process Projects
3 Venice Village (2) North Port-Sarasota-Bradenton, FL Demolish and rebuild 30-year old 42K SF Publix with a 48K SF Publix prototype; right-size small shop GLA by 3K SF; shopping center upgrades include façade, landscaping and parking enhancements and sustainable features including LED lighting 18 Dec-22 9,500 8,900 10 %
4 Speedway Super Center - Phase II Indianapolis-Carmel-Anderson, IN Redevelopment and rightsize of existing Kohl's to 60K SF to accommodate additional retailers; combine small shop spaces for a 12K SF Department of Motor Vehicles; and shopping center upgrades including façade renovations and parking and lighting enhancements 66 Dec-22 8,350 6,400 11 %
5 Old Bridge Gateway New York-Newark-Jersey City, NY-NJ-PA Redevelopment of former Modell's Sporting Goods and adjacent retail space with a 39K SF grocer; lease-up of additional small shop space; and shopping center upgrades, including façade renovations, landscaping and parking reconfiguration 23 Dec-22 10,850 10,300 8 %
6 Jester Village Houston-The Woodlands-Sugar Land, TX Recapture and redevelopment of former H-E-B and adjacent junior anchor vacancy with a 37K SF fitness tenant and additional retailers; and shopping center upgrades including façade and parking renovations 5 Dec-22 9,400 8,950 9 %
7 Village at Mira Mesa - Phase II (3) San Diego-Chula Vista-Carlsbad, CA Raze existing 6K SF Firestone and 16K SF of outparcel buildings to accommodate construction of three retail and restaurant outparcels totaling 24K SF, including a 4K SF Mo-Mo-Paradise, a 4K SF Time Warner, a 2K SF Sunmerry Bakery and additional small shop space 36 Mar-23 12,600 12,200 7 %
8 Gateway Plaza - Vallejo Vallejo, CA Redevelopment of former Hancock Fabrics with a 13K SF PetSmart; remerchandising small shop space; and shopping center upgrades including façade renovations 53 Jun-23 5,100 2,500 8 %
9 Tyrone Gardens Tampa-St. Petersburg-Clearwater, FL Demolish 26K SF of underutilized retail space to accommodate construction of a 19K SF Crunch Fitness and additional retail space; and shopping center upgrades including façade renovations and sidewalk and landscaping improvements 16 Jun-23 6,300 2,000 9 %
10 Westminster City Center Denver-Aurora-Lakewood, CO Relocation and expansion of existing Golf Galaxy to 43K SF in former Babies"R"Us location; backfill of former Golf Galaxy with additional junior anchors; remerchandise former Dress Barn with a 9K SF Five Below; addition of a 6K SF Seo's Martial Arts; redevelopment of former Gordmans with a 25K SF buybuy Baby and an additional junior anchor retailer; and remerchandise existing outparcels with a 6K SF Sola Salon Suites and a 6K SF Hook & Reel 27 Sep-23 14,700 6,350 9 %
11 Shops at Palm Lakes Miami-Fort Lauderdale-Pompano Beach, FL Redevelopment of former Kmart for multiple retailers including a 41K SF LA Fitness, a 24K SF dd's Discounts and construction of multi-tenant outparcel developments; and shopping center upgrades including façade renovation, updates to storm water drainage and landscaping and new signage and lighting 27 Sep-23 31,150 24,400 8 %
12 Marco Town Center Naples-Marco Island, FL Remerchandise existing small shop spaces and extensive shopping center upgrades including façade, landscaping, lighting and signage enhancements, parking reconfiguration and common area improvements including addition of outdoor dining patios and gathering areas 10 Sep-23 11,500 9,200 10 %
13 Dickson City Crossings Scranton--Wilkes-Barre, PA Remerchandise former Dick's Sporting Goods and AC Moore with a 41K SF Burlington Stores, a 19K SF Sierra Trading Post, a 20K SF Joann Stores, and additional junior anchors; redevelopment of former Pier 1 outparcel into a multi-tenant building; and shopping center upgrades including partial façade renovations and addition of outdoor seating 29 Sep-23 9,000 4,050 10 %
14 Vail Ranch Center Riverside-San Bernardino-Ontario, CA Redevelopment of former Stein Mart with a 25K SF Burlington Stores and an 11K SF Five Below; relocation and expansion of existing Kahoots to 10K SF; redevelopment of former Kahoots outparcel with a 3K SF Carbon Health, a 2K SF Dave's Hot Chicken and additional retailers; remerchandise additional small shop space with relevant retailers including a 7K SF My Salon Suite and a 6K SF Bark Social; and shopping center upgrades including façade renovations, parking, and roof repairs 10 Dec-23 9,600 6,700 9 %
15 Pointe Orlando - Phase I Orlando-Kissimmee-Sanford, FL Remerchandise existing small shop retail with relevant retailers including a 29K SF Sport & Social, an 11K SF Hampton Social, a 7K SF Kavas Tacos & Tequila; rebranding and reconfiguration of the center; and extensive shopping center upgrades including façade, landscaping and lighting upgrades and common area enhancements including public seating areas, addition of digital directories and kiosks and improved pedestrian plazas 17 Dec-23 41,300 26,100 8 %
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 22
--- ---
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)
16 Laurel Square New York-Newark-Jersey City, NY-NJ-PA Redevelopment of former Pathmark to accommodate a 30K SF grocer and additional retail space; combine small shop spaces for a 10K SF Dollar Tree; upgrade and remerchandise existing outparcel building; and shopping center upgrades including façade renovations, parking enhancements and pylon sign upgrades 31 Dec-23 14,650 6,100 9 %
17 Jones Plaza Houston-The Woodlands-Sugar Land, TX Relocation and expansion of existing Aaron's to 14K SF to accommodate a 15K SF La Michoacana Meat Market grocer; and shopping center upgrades including façade renovations 9 Dec-23 2,150 1,250 15 %
18 East Port Plaza Port St. Lucie, FL Construction of a 3K SF Starbucks outparcel; remerchandise existing small shop spaces and extensive shopping center upgrades including façade, landscaping, lighting and parking updates, point of entry and signage improvements, and common area enhancements including improved pedestrian walkways 32 Mar-24 7,150 3,750 8 %
19 Hillcrest Market Place Spartanburg, SC Redevelopment of former Stein Mart with a 25K SF Ross Dress for Less (relocated and rightsized within center) and an 11K SF Five Below; combine former Ross Dress for Less and Office Depot to accommodate a 55K SF Hobby Lobby and additional retail space; remerchandise existing outparcel buildings; construction of multiple outparcel buildings; and shopping center upgrades including landscaping and signage enhancements 38 Mar-24 9,750 5,200 7 %
20 The Village at Mableton Atlanta-Sandy Springs-Alpharetta, GA Redevelopment of former Kmart with a 28K SF Burlington Stores, a 22K SF Ross Dress for Less, a 20K SF dd's Discounts, a 10K SF Five Below, and additional retailers; Construction of a 1K SF outparcel building with drive-thru; shopping center upgrades including façade renovations and landscaping and signage enhancements 24 Sep-24 16,250 2,800 9 %
21 WaterTower Plaza Worcester, MA-CT Redevelopment of former Shaw's with a 46K SF grocer and additional retailers; and shopping center upgrades including the addition of patio areas, façade renovations and parking enhancements 27 Dec-24 11,200 3,250 9 %
22 Preston Park Village Dallas-Fort Worth-Arlington, TX Redevelopment of former Kroger with a 24K SF HomeGoods and a 13K SF Petco; construction of a multi-tenant outparcel building; and shopping center upgrades including expansion and upgrade of existing outdoor dining patios, façade renovations, parking reconfiguration, and landscaping and signage enhancements 26 Jun-25 27,800 4,100 8 %
23 Wynnewood Village - Phase IV (4) Dallas-Fort Worth-Arlington, TX Ground-up construction of a large-format retail use 65 Jun-25 5,950 1,700 14 %
TOTAL IN PROCESS REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 304,250 $ 164,750 9 % Supplemental Disclosure - Three Months Ended September 30, 2022 Page 23
--- ---
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 September 30, 2022
Fox Run Washington-Arlington-Alexandria, DC-VA-MD-WV Redevelopment of former Kmart and Peebles with a 38K SF Big Lots, a 19K SF Planet Fitness, an 18K SF additional junior anchor, a 10K SF Ulta, a 9K SF Five Below and additional retailers; construction of two stand-alone outparcel buildings and one multi-tenant building; and shopping center upgrades including new pylon signage, landscaping and parking enhancements 30 Sep-22 $ 21,400 8 %
Braes Heights Houston-The Woodlands-Sugar Land, TX Expansion of existing My Salon Suite to 14K SF; remerchandise shopping center with new relevant retailers; and shopping center upgrades including full center façade renovation, parking reconfiguration, pylon sign improvements and new landscaping 6 Sep-22 $ 8,400 8 %
Projects Stabilized During The Six Months Ended June 30, 2022
Tinley Park Plaza - Phase I (6) 1 Chicago-Naperville-Elgin, IL-IN-WI Demolish 80K SF of structurally obsolescent anchor space to accommodate construction of a 38K SF Amazon Fresh, a 25K SF Burlington Stores and additional retailers; renovate and remerchandise 13K SF of retail space; and shopping center upgrades including façade and parking renovations, and new pylon signs, landscaping and irrigation 22 Jun-22 17,350 15 %
Wynnewood Village - Phase III 1 Dallas-Fort Worth-Arlington, TX Relocation and expansion of existing Gambro Healthcare to 14K SF and Mi Doctor to 12K SF; remerchandise existing space with a 15K SF Kid's Empire and a 12K SF Five Below; and shopping center upgrades including façade renovations and parking enhancements 65 Jun-22 8,000 7 %
Stewart Plaza 1 New York-Newark-Jersey City, NY-NJ-PA Redevelopment and rightsize of existing Burlington Stores to 65K SF to accommodate addition of a 75K SF Floor & Décor; remerchandise additional small shop space with new relevant retailers; and shopping center upgrades including façade renovations, parking and pylon sign enhancements 13 Mar-22 15,150 10 %
TOTAL STABILIZED REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE $ 70,300 10 %
(1) Represents gross project costs less any project specific credits (lease termination fees or other ancillary credits).
(2) Net project costs exclude 2.3M of project specific credits (lease termination fees or other ancillary credits).
(3) Net project costs exclude 1.5M of project specific credits (lease termination fees or other ancillary credits).
(4) Net project costs exclude 0.5M 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.
(6) NOI yield includes amounts anticipated to be received as part of an executed tax increment financing (TIF) agreement, which may not be received until after the expected stabilization date.
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, 2021.

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 24
FUTURE REDEVELOPMENT OPPORTUNITIES ↩Table of<br><br>Contents
--- --- --- --- --- ---
Property Name CBSA Project Description
MAJOR REDEVELOPMENTS
1 University Mall Sacramento-Roseville-Folsom, CA Extensive repositioning and reconfiguration with experiential retailers, densification of site, potential residential component
2 Village at Mira Mesa San Diego-Chula Vista-Carlsbad, CA Redevelopment of existing anchor space for potential residential rental component
3 Superior Marketplace Boulder, CO Redevelopment and repositioning of shopping center with multiple retailers, restaurants and/or multi-family
4 Mall at 163rd Street Miami-Fort Lauderdale-Pompano Beach, FL Extensive redevelopment and repositioning of shopping center, densification of site, reconfiguration of existing retail space
5 Pointe Orlando Orlando-Kissimmee-Sanford, FL Redevelopment, densification and rebranding for multiple retailers, hospitality, and/or entertainment users
6 Northeast Plaza Atlanta-Sandy Springs-Alpharetta, GA Redevelopment and repositioning of shopping center including potential residential component
7 Westridge Court Chicago-Naperville-Elgin, IL-IN-WI Redevelopment of existing retail space to create entertainment / restaurant destination
8 Richfield Hub Minneapolis-St. Paul-Bloomington, MN-WI Redevelopment and repositioning of shopping center, densification of site
9 Kings Park Plaza New York-Newark-Jersey City, NY-NJ-PA Redevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component
10 Rockland Plaza New York-Newark-Jersey City, NY-NJ-PA Extensive redevelopment and repositioning of shopping center, multiple outparcel developments
11 Three Village Shopping Center New York-Newark-Jersey City, NY-NJ-PA Redevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component
12 Roosevelt Mall - Future Phases Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Extensive repositioning and reconfiguration, densification of site
13 Kessler Plaza (1) Dallas-Fort Worth-Arlington, TX Redevelopment and repositioning of shopping center with multiple retailers, restaurants, and potential multi-family component
14 Market Plaza Dallas-Fort Worth-Arlington, TX Extensive redevelopment and repositioning of shopping center, remerchandise with multiple retailers
15 Wynnewood Village - Future Phases Dallas-Fort Worth-Arlington, TX Redevelopment and repositioning of shopping center, densification of site
MINOR REDEVELOPMENTS
1 Springdale - Phase IV Mobile, AL Densification of site, including a multi-tenant outparcel development
2 Brea Gateway Los Angeles-Long Beach-Anaheim, CA Reposition of former anchor which may include site densification with addition of outparcel pad development
3 Puente Hills Town Center Los Angeles-Long Beach-Anaheim, CA Redevelopment of shopping center, remerchandise with multiple retailers and a new anchor tenant
4 Center of Bonita Springs Cape Coral-Fort Myers, FL Redevelopment of existing anchor space for multiple retailers, densification of site
5 Sunrise Town Center Miami-Fort Lauderdale-Pompano Beach, FL Redevelopment and repositioning of shopping center
6 Venetian Isle Shopping Ctr Miami-Fort Lauderdale-Pompano Beach, FL Redevelopment of existing anchor space for new anchor prototype, potential outparcel development
7 Granada Shoppes Naples-Marco Island, FL Redevelopment of existing anchor space for multiple retailers
8 Coastal Way Tampa-St. Petersburg-Clearwater, FL Redevelopment of existing anchor space for multiple retailers
9 Dolphin Village (1) Tampa-St. Petersburg-Clearwater, FL Redevelopment and reposition of existing center with new anchor prototype
10 Kings Market Atlanta-Sandy Springs-Alpharetta, GA Redevelopment and repositioning of shopping center
11 Mansell Crossing Atlanta-Sandy Springs-Roswell, GA Densification of site, including multi-tenant outparcel development
12 Northside Dalton, GA Reposition of former anchor which may include site densification with addition of outparcel pad development
13 High Point Centre (1) Chicago-Naperville-Elgin, IL-IN-WI Redevelopment of existing retail space for potential residential component
14 Tinley Park Plaza - Phase II Chicago-Naperville-Elgin, IL-IN-WI Redevelopment of existing anchor space for multiple retailers
15 Delta Center Lansing-East Lansing, MI Redevelopment of existing anchor space for multiple retailers
16 Capitol Shopping Center Concord, NH Redevelopment of existing anchor space for multiple retailers
17 Parkway Plaza Winston-Salem, NC Reposition of former anchors which may include site densification with addition of outparcel pad development
18 Middletown Plaza New York-Newark-Jersey City, NY-NJ-PA Reposition of former anchor outparcel and peripheral façade renovation
19 Morris Hills Shopping Center New York-Newark-Jersey City, NY-NJ-PA Densification of site, including multi-tenant outparcel development, potential multi-family component
20 69th Street Plaza (1) Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment of existing anchor space for multiple retailers, densification of site
21 Barn Plaza (1) Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment of existing anchor space for multiple retailers, densification of site
22 Bristol Park Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Redevelopment of existing anchor space, inline shop space and façade renovation Supplemental Disclosure - Three Months Ended September 30, 2022 Page 25
--- ---
FUTURE REDEVELOPMENT OPPORTUNITIES ↩Table of<br><br>Contents
--- --- --- --- --- ---
Property Name CBSA Project Description
23 Valley Fair Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Reposition of former anchor and façade renovation
24 Circle Center Hilton Head Island-Bluffton, SC Redevelopment and repositioning of shopping center
25 Baytown Shopping Center (1) Houston-The Woodlands-Sugar Land, TX Redevelopment of existing anchor space for multiple retailers, densification of site
26 Clear Lake Camino South (1) Houston-The Woodlands-Sugar Land, TX Redevelopment of existing anchor space for multiple retailers, densification of site
27 Lake Pointe Village Houston-The Woodlands-Sugar Land, TX Reposition of existing vacant space and site densification
28 Maplewood (1) Houston-The Woodlands-Sugar Land, TX Redevelopment of existing anchor space for multiple retailers, densification of site
29 Windvale Center (1) Houston-The Woodlands-Sugar Land, TX Redevelopment of existing anchor space for multiple retailers, densification of site
30 Preston Park Village - Future Phases Dallas-Fort Worth-Arlington, TX Redevelopment and repositioning of shopping center
(1) Indicates project added to the pipeline during the three months ended September 30, 2022.
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, 2021.
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 26
--- ---
> PORTFOLIO SUMMARY
--- ---
Supplemental Disclosure
Three Months Ended September 30, 2022
PORTFOLIO OVERVIEW ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
As of:
9/30/22 6/30/22 3/31/22 12/31/21 9/30/21
Number of properties 378 379 380 382 386
GLA 66,851,369 67,107,846 67,203,965 67,452,927 67,712,852
Percent billed 89.6% 89.0% 88.6% 88.7% 88.2%
Percent leased 93.3% 92.5% 92.1% 92.0% 91.5%
TOTAL ≥ 10,000 SF 95.4% 94.8% 94.4% 94.4% 94.2%
TOTAL < 10,000 SF 88.8% 87.7% 87.0% 86.7% 85.7%
ABR $ 940,869 $ 929,793 $ 910,758 $ 900,623 $ 888,875
ABR PSF $ 16.02 $ 15.90 $ 15.64 $ 15.42 $ 15.25
PORTFOLIO BY UNIT SIZE AS OF 9/30/22
Number of<br><br>Units GLA Percent of GLA Percent Billed Percent Leased ABR ABR PSF
≥ 35,000 SF 425 24,094,039 36.0% 94.2% 95.8% $ 224,398 $ 11.00
20,000 - 34,999 SF 504 13,168,249 19.7% 90.4% 95.9% 145,738 11.64
10,000 - 19,999 SF 626 8,531,639 12.8% 89.0% 93.3% 117,234 15.11
5,000 - 9,999 SF 1,121 7,723,983 11.6% 85.2% 90.4% 131,597 19.58
< 5,000 SF 6,274 13,333,459 19.9% 83.5% 87.8% 321,902 28.37
TOTAL 8,950 66,851,369 100.0% 89.6% 93.3% $ 940,869 $ 16.02
TOTAL ≥ 10,000 SF 1,555 45,793,927 68.5% 92.1% 95.4% $ 487,370 $ 11.98
TOTAL < 10,000 SF 7,395 21,057,442 31.5% 84.1% 88.8% 453,499 25.10
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 28
--- ---
PORTFOLIO COMPOSITION
---
Dollars in thousands
ESSENTIAL AND OTHER TENANTS
--- --- ---
Percent of Portfolio Leased GLA Percent of Portfolio ABR 
 ![chart-38192599ad024e789c7.jpg](chart-38192599ad024e789c7.jpg)     ![chart-b91ed9e9ab164450bed.jpg](chart-b91ed9e9ab164450bed.jpg)
NATIONAL / REGIONAL AND LOCAL TENANTS
Percent of Portfolio Leased GLA Percent of Portfolio ABR

chart-29da6d54301049e5adb.jpg chart-13486edf6f40469ba92.jpg

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

chart-75626382e9ba4dab928.jpg chart-b11b7ba5d51b4d37875.jpg

↩Table of<br><br>Contents
Merchandise Mix ABR Percent of ABR
--- --- --- --- ---
ESSENTIAL $ 308,849 33 %
Grocery / Pharmacy 145,319 15 %
General Merchandise (Discount / Dollar) 32,347 3 %
Pet 26,179 3 %
Financial services 25,864 3 %
Medical (essential) 25,440 3 %
Home improvement 16,482 2 %
Mail / Shipping and Other services 15,623 2 %
Other Essential 11,563 1 %
Auto 10,032 1 %
OTHER $ 632,020 67 %
Restaurants 144,825 15 %
Other Personal Services 68,382 7 %
Off-Price Apparel 62,063 7 %
Fitness / Sports 51,345 5 %
Value Apparel, Shoes, Accessories 46,636 5 %
Home Décor 44,221 5 %
Other Retail 38,848 4 %
General Merchandise (Department, Gift, etc.) 38,643 4 %
Health & Beauty 27,599 3 %
Electronics & Appliance 27,474 3 %
Other Medical 27,270 3 %
Entertainment 20,837 2 %
Hobby & Crafts 16,619 2 %
Liquor 9,096 1 %
Other Professional Services 8,162 1 %
TOTAL $ 940,869 100 %
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 29
--- ---
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)
The TJX Companies, Inc. (2) 86 2,578,543 3.9 % $ 31,496 3.3 % $ 12.21
The Kroger Co. (3) 44 2,993,862 4.5 % 22,646 2.4 % 7.56
Burlington Stores, Inc. 37 1,619,178 2.4 % 18,075 1.9 % 11.16
Dollar Tree Stores, Inc. (4) 122 1,413,518 2.1 % 16,009 1.7 % 11.33
Publix Super Markets, Inc. 31 1,431,891 2.1 % 14,552 1.5 % 10.16
Ross Stores, Inc (5) 40 1,047,460 1.6 % 13,131 1.4 % 12.54
L.A Fitness International, LLC 14 566,362 0.8 % 10,994 1.2 % 19.41
Ahold Delhaize (6) 18 981,884 1.5 % 10,676 1.1 % 10.87
Amazon.com, Inc. / Whole Foods Market Services, Inc. 15 567,970 0.8 % 9,894 1.1 % 17.42
Albertson's Companies, Inc (7) 14 750,202 1.1 % 9,638 1.0 % 12.85
421 13,950,870 20.8 % 157,111 16.6 % 11.26
PetSmart, Inc. 27 594,706 0.9 % 9,457 1.0 % 15.90
Kohl's Corporation 14 1,095,329 1.6 % 8,896 0.9 % 8.12
Big Lots, Inc. 34 1,097,269 1.6 % 8,234 0.9 % 7.50
Ulta Beauty, Inc. 31 346,163 0.5 % 8,111 0.9 % 23.43
PETCO Animal Supplies, Inc. 34 463,715 0.7 % 8,044 0.9 % 17.35
Five Below, Inc. 43 398,985 0.6 % 7,578 0.8 % 18.99
Party City Holdco Inc. 29 418,942 0.6 % 6,440 0.7 % 15.37
The Michaels Companies, Inc. 21 472,884 0.7 % 6,158 0.7 % 13.02
Best Buy Co., Inc. 12 459,022 0.7 % 5,778 0.6 % 12.59
Bed Bath & Beyond, Inc. (8) 21 517,175 0.8 % 5,697 0.6 % 11.02
687 19,815,060 29.5 % 231,504 24.6 % 11.68
Staples, Inc. 21 442,469 0.7 % 5,432 0.6 % 12.28
Office Depot, Inc. (9) 20 432,564 0.6 % 5,055 0.5 % 11.69
CVS Health 15 222,799 0.3 % 5,005 0.5 % 22.46
JOANN Stores, Inc. 20 416,707 0.6 % 4,979 0.5 % 11.95
JP Morgan Chase & Co. 27 98,918 0.1 % 4,856 0.5 % 49.09
At Home Stores LLC 7 629,922 0.9 % 4,549 0.5 % 7.22
DICK's Sporting Goods, Inc. (10) 11 363,069 0.5 % 4,341 0.5 % 11.96
Gap, Inc. (11) 13 215,422 0.3 % 4,289 0.5 % 19.91
The Home Depot, Inc. 5 428,868 0.6 % 4,136 0.4 % 9.64
Hobby Lobby Stores, Inc. 11 574,545 0.9 % 4,107 0.4 % 7.15
Wal-Mart Stores, Inc. (12) 10 983,458 1.5 % 3,971 0.4 % 4.04
Harbor Freight Tools 22 370,856 0.6 % 3,948 0.4 % 10.65
AMC Entertainment 4 200,955 0.3 % 3,704 0.4 % 18.43
Sally Beauty Holdings, Inc. (13) 81 152,932 0.2 % 3,577 0.4 % 23.39
Bank of America, NA 25 87,063 0.1 % 3,566 0.4 % 40.96
Designer Brands Inc. (DSW) 12 232,077 0.3 % 3,443 0.4 % 14.84
Barnes & Noble, Inc. 9 203,748 0.3 % 3,402 0.4 % 16.70
Walgreens Boots Alliance, Inc. (14) 15 197,070 0.3 % 3,329 0.4 % 16.89
Franchise Group, Inc. (15) 23 266,128 0.4 % 3,305 0.4 % 12.42
Wakefern Food Corporation (16) 4 230,254 0.3 % 3,289 0.3 % 14.28
TOTAL TOP 40 RETAILERS 1,042 26,564,884 39.3 % $ 313,787 33.4 % $ 11.81
(1) Includes only locations which are owned or guaranteed by the parent company. Excludes (6) Includes Super Stop & Shop-7, Giant Food-5, Food Lion-2, Stop & Shop-1, Bottom Dollar Food-1, (11) Includes Old Navy-11 and Gap Factory-2.
all franchise locations. Hannaford-1 and Tops Market-1. (12) Includes Supercenters-9 and Walmart Neighborhood Market-1.
(2) Includes T.J. Maxx-34, Marshalls-32, HomeGoods-16, Sierra Trading Post-3 and HomeSense-1. (7) Includes Tom Thumb-3, Vons-3, Acme-2, Jewel-Osco-2, Albertsons-1, Randalls-1, (13) Includes Sally Beauty-69, Cosmoprof-11 and Macon Beauty Systems-1.
(3) Includes Kroger-32, King Soopers-3, Ralphs-3, Dillons-2, Harris Teeter-1, Shop & Save Market-1 and Star Market-1. (14) Includes Walgreens -14 and owned location subleased to other retailer -1
Food 4 Less-1, Pay Less-1 and Pick 'N Save-1. (8) Includes Bed Bath & Beyond-13, buybuy Baby-3 (15) Includes Pet Supplies Plus-10, The Vitamin Shoppe-6, American Freight-5,
(4) Includes Dollar Tree-109, Family Dollar-12 and Deal-1. Harmon Face Values-3 and Cost Plus World Market(sublease)-2. Badcock Home Furniture-1 and Buddy's Home Furnishings-1.
(5) Includes Ross Dress for Less-39 and dd's Discounts-1. (9) Includes Office Depot-10 and OfficeMax-10. (16) Includes ShopRite-3 and PriceRite-1.
(10) Includes DICK'S Sporting Goods Warehouse Sale-4, Golf Galaxy-4 and DICK'S Sporting Goods-3

All values are in US Dollars.

Supplemental Disclosure - Three Months Ended September 30, 2022 Page 30
NEW & RENEWAL LEASE SUMMARY ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Dollars in thousands, except per square foot amounts
Tenant Improvements and Allowances PSF 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 9/30/22 417 2,791,073 $ 47,703 $ 17.09 $ 4.91 $ 1.62 6.2 319 2,275,773 $ 16.17 $ 14.58 10.9 %
Three months ended 6/30/22 443 2,885,438 49,312 17.09 4.59 2.15 6.5 331 2,297,341 16.38 14.56 12.5 %
Three months ended 3/31/22 374 2,307,147 35,869 15.55 4.68 1.99 6.4 271 1,775,717 14.63 12.93 13.1 %
Three months ended 12/31/21 467 2,866,093 47,923 16.72 3.99 2.23 6.3 351 2,241,762 15.90 14.09 12.8 %
TOTAL - TWELVE MONTHS ENDED 9/30/22 1,701 10,849,751 $ 180,807 $ 16.66 $ 4.53 $ 2.00 6.4 1,272 8,590,593 $ 15.84 $ 14.10 12.3 %
NEW & RENEWAL LEASES ONLY
Three months ended 9/30/22 360 1,748,497 $ 33,678 $ 19.26 $ 7.83 $ 2.59 6.9 262 1,233,197 $ 18.46 $ 16.16 14.2 %
Three months ended 6/30/22 387 1,962,044 36,865 18.79 6.75 3.16 7.2 275 1,373,947 18.33 16.00 14.6 %
Three months ended 3/31/22 321 1,390,152 26,046 18.74 7.77 3.31 7.4 218 858,722 18.81 15.93 18.1 %
Three months ended 12/31/21 430 2,121,990 40,498 19.08 5.39 3.01 6.9 314 1,497,659 18.84 16.45 14.5 %
TOTAL - TWELVE MONTHS ENDED 9/30/22 1,498 7,222,683 $ 137,087 $ 18.98 $ 6.81 $ 3.01 7.0 1,069 4,963,525 $ 18.60 $ 16.16 15.1 %
NEW LEASES
Three months ended 9/30/22 146 661,587 $ 14,027 $ 21.20 $ 17.80 $ 6.72 9.3 49 151,440 $ 21.24 $ 16.07 32.2 %
Three months ended 6/30/22 166 870,194 17,160 19.72 12.68 6.99 9.1 56 291,223 19.75 14.71 34.3 %
Three months ended 3/31/22 149 779,954 13,754 17.63 12.46 5.82 9.0 51 285,463 16.28 11.98 35.9 %
Three months ended 12/31/21 175 954,979 19,218 20.12 10.90 6.57 10.0 68 381,973 20.58 14.52 41.7 %
TOTAL - TWELVE MONTHS ENDED 9/30/22 636 3,266,714 $ 64,159 $ 19.64 $ 13.15 $ 6.53 9.4 224 1,110,099 $ 19.35 $ 14.13 36.9 %
RENEWAL LEASES
Three months ended 9/30/22 214 1,086,910 $ 19,651 $ 18.08 $ 1.76 $ 0.08 5.4 213 1,081,757 $ 18.07 $ 16.17 11.8 %
Three months ended 6/30/22 221 1,091,850 19,705 18.05 2.03 0.10 5.6 219 1,082,724 17.95 16.35 9.8 %
Three months ended 3/31/22 172 610,198 12,292 20.14 1.78 0.10 5.3 167 573,259 20.07 17.90 12.1 %
Three months ended 12/31/21 255 1,167,011 21,280 18.23 0.87 0.10 4.4 246 1,115,686 18.24 17.12 6.5 %
TOTAL - TWELVE MONTHS ENDED 9/30/22 862 3,955,969 $ 72,928 $ 18.43 $ 1.58 $ 0.09 5.1 845 3,853,426 $ 18.39 $ 16.75 9.8 %
OPTION LEASES
Three months ended 9/30/22 57 1,042,576 $ 14,025 $ 13.45 $ — $ — 5.2 57 1,042,576 $ 13.45 $ 12.71 5.8 %
Three months ended 6/30/22 56 923,394 12,447 13.48 — — 5.0 56 923,394 13.48 12.41 8.6 %
Three months ended 3/31/22 53 916,995 9,823 10.71 — — 5.0 53 916,995 10.71 10.12 5.8 %
Three months ended 12/31/21 37 744,103 7,425 9.98 — — 4.7 37 744,103 9.98 9.33 7.0 %
TOTAL - TWELVE MONTHS ENDED 9/30/22 203 3,627,068 $ 43,720 $ 12.05 $ — $ — 5.0 203 3,627,068 $ 12.05 $ 11.28 6.8 %
LEASES BY ANCHOR AND SMALL SHOP Three Months Ended 9/30/22 Twelve Months Ended 9/30/22
% of Leases GLA % of GLA % of ABR New ABR PSF Rent Spread (1) % of Leases GLA % of GLA % of ABR New ABR PSF Rent Spread (1)
Anchor Leases (≥ 10,000 SF)
Total - New, Renewal & Option Leases 15 % 1,776,547 64 % 45 % $ 12.11 7.8 % 15 % 6,874,225 63 % 44 % $ 11.69 11.5 %
New & Renewal Leases Only 9 % 864,880 49 % 32 % 12.43 12.2 % 11 % 3,720,495 52 % 36 % 13.13 17.0 %
New Leases 6 % 258,560 39 % 29 % 15.63 61.4 % 12 % 1,698,433 52 % 39 % 14.69 57.6 %
Renewal Leases 12 % 606,320 56 % 34 % 11.06 10.6 % 10 % 2,022,062 51 % 33 % 11.83 6.3 %
Option Leases 49 % 911,667 87 % 77 % 11.81 5.0 % 43 % 3,153,730 87 % 72 % 10.00 6.2 %
Small Shop Leases (< 10,000 SF)
Total - New, Renewal & Option Leases 85 % 1,014,526 36 % 55 % $ 25.81 14.1 % 85 % 3,975,526 37 % 56 % $ 25.26 13.0 %
New & Renewal Leases Only 91 % 883,617 51 % 68 % 25.95 15.2 % 89 % 3,502,188 48 % 64 % 25.19 14.0 %
New Leases 94 % 403,027 61 % 71 % 24.78 29.7 % 88 % 1,568,281 48 % 61 % 25.01 25.0 %
Renewal Leases 88 % 480,590 44 % 66 % 26.93 12.4 % 90 % 1,933,907 49 % 67 % 25.34 11.5 %
Option Leases 51 % 130,909 13 % 23 % 24.86 8.7 % 57 % 473,338 13 % 28 % 25.75 8.5 %
(1) 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 September 30, 2022 Page 31
--- ---
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
9/30/22 9/30/22 6/30/22 3/31/22 12/31/21 9/30/21
NEW LEASES
Weighted average over lease term:
Base rent $ 21.03 $ 22.77 $ 20.96 $ 18.87 $ 21.65 $ 18.53
Tenant improvements and allowances (1.64) (2.15) (1.57) (1.65) (1.36) (1.35)
Third party leasing commissions (0.68) (0.71) (0.71) (0.63) (0.68) (0.57)
NET EFFECTIVE RENT BEFORE TENANT SPECIFIC LANDLORD WORK 18.71 19.91 18.68 16.59 19.61 16.61
Tenant specific landlord work (1) (1.54) (1.93) (1.77) (1.57) (1.02) (1.35)
NET EFFECTIVE RENT $ 17.17 $ 17.98 $ 16.91 $ 15.02 $ 18.59 $ 15.26
Net effective rent before tenant specific landlord work /
base rent 89% 87% 89% 88% 91% 90%
Net effective rent / base rent 82% 79% 81% 80% 86% 82%
Weighted average term (years) 9.4 9.3 9.1 9.0 10.0 8.2
PERCENT OF TOTAL NET EFFECTIVE RENT BY ANCHOR AND SMALL SHOP
≥ 10,000 SF 38% 27% 43% 31% 44% 29%
< 10,000 SF 62% 73% 57% 69% 56% 71%
As of 9/30/22: Leases GLA ABR ABR PSF
≥ 10,000 SF 72 1,715,583 $ 24,954 $ 14.55
< 10,000 SF 345 1,043,724 27,999 26.83
TOTAL 417 2,759,307 $ 52,953 $ 19.19
EXPECTED TIMING OF THE LEASES SIGNED BUT NOT YET COMMENCED
2022 (remaining) 2023 2024+ Total
Projected Lease Commencements $ 12,261 $ 32,196 $ 8,496 $ 52,953
(1) Represents base building costs funded through tenant allowances.
(2) Signed but not commenced population represents approximately 420 basis points of total portfolio GLA (53.0M in ABR), 50 basis points (6.9M in ABR) of which represents leases on space that will be vacated by existing tenants in the near term.
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 September 30, 2022 Page 32
LEASE EXPIRATION SCHEDULE ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
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 309 852,737 1.4 % 1.6 % $ 17.27 $ 17.27 15 220,138 0.5 % 0.5 % $ 11.39 $ 11.39 294 632,599 3.4 % 2.7 % $ 19.31 $ 19.31
2022 160 653,262 1.0 % 1.0 % 13.89 13.89 9 219,718 0.5 % 0.4 % 8.05 8.05 151 433,544 2.3 % 1.6 % 16.85 16.85
2023 1,161 6,030,644 9.7 % 9.2 % 14.42 14.44 139 3,438,472 7.9 % 6.5 % 9.22 9.22 1,022 2,592,172 13.9 % 12.2 % 21.31 21.37
2024 1,157 8,413,431 13.5 % 12.4 % 13.86 14.00 174 5,861,600 13.4 % 11.8 % 9.81 9.82 983 2,551,831 13.7 % 13.0 % 23.17 23.61
2025 1,059 8,015,177 12.9 % 12.3 % 14.42 14.65 188 5,620,993 12.9 % 12.4 % 10.76 10.79 871 2,394,184 12.8 % 12.1 % 23.01 23.71
2026 917 7,341,157 11.8 % 11.8 % 15.09 15.52 173 5,209,673 11.9 % 11.7 % 10.97 11.06 744 2,131,484 11.4 % 11.8 % 25.15 26.41
2027 966 8,368,206 13.4 % 13.2 % 14.87 15.54 194 6,074,125 13.9 % 14.0 % 11.22 11.41 772 2,294,081 12.3 % 12.4 % 24.55 26.50
2028 514 4,674,419 7.5 % 7.7 % 15.47 16.92 115 3,415,019 7.8 % 8.1 % 11.53 12.26 399 1,259,400 6.7 % 7.3 % 26.15 29.58
2029 403 4,136,412 6.6 % 6.6 % 15.04 16.56 108 3,174,555 7.3 % 7.6 % 11.62 12.49 295 961,857 5.2 % 5.6 % 26.34 29.98
2030 300 2,953,437 4.7 % 4.8 % 15.27 16.87 71 2,180,140 5.0 % 5.0 % 11.15 11.96 229 773,297 4.1 % 4.6 % 26.87 30.71
2031 277 2,685,821 4.3 % 4.6 % 16.22 18.32 68 1,950,120 4.5 % 5.1 % 12.69 13.98 209 735,701 3.9 % 4.2 % 25.58 29.83
2032+ 777 8,234,134 13.2 % 14.8 % 16.94 19.69 215 6,302,549 14.4 % 16.9 % 13.13 14.88 562 1,931,585 10.3 % 12.5 % 29.37 35.38
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 309 852,737 1.4 % 1.6 % $ 17.27 $ 17.27 15 220,138 0.5 % 0.5 % $ 11.39 $ 11.39 294 632,599 3.4 % 2.7 % $ 19.31 $ 19.31
2022 143 427,645 0.7 % 0.7 % 15.76 15.76 3 34,099 0.1 % 0.1 % 11.67 11.67 140 393,546 2.1 % 1.4 % 16.12 16.12
2023 946 3,605,728 5.8 % 5.9 % 15.49 15.52 71 1,477,177 3.4 % 2.4 % 8.00 8.00 875 2,128,551 11.4 % 9.7 % 20.69 20.74
2024 803 2,904,437 4.7 % 5.5 % 17.95 18.28 46 1,144,669 2.6 % 2.5 % 10.77 10.82 757 1,759,768 9.4 % 8.8 % 22.63 23.13
2025 688 2,581,345 4.1 % 4.9 % 18.00 18.57 47 1,042,423 2.4 % 2.3 % 10.71 10.83 641 1,538,922 8.2 % 7.8 % 22.93 23.81
2026 554 2,234,152 3.6 % 4.4 % 18.60 19.66 40 912,191 2.1 % 2.0 % 10.49 10.85 514 1,321,961 7.1 % 7.1 % 24.19 25.74
2027 594 2,569,366 4.1 % 5.3 % 19.26 20.81 54 1,175,178 2.7 % 2.9 % 12.22 12.71 540 1,394,188 7.5 % 7.7 % 25.20 27.64
2028 369 1,732,736 2.8 % 3.6 % 19.34 21.63 36 796,292 1.8 % 2.0 % 12.23 13.25 333 936,444 5.0 % 5.2 % 25.39 28.76
2029 313 1,453,815 2.3 % 3.0 % 19.26 21.63 31 619,309 1.4 % 1.5 % 11.80 13.03 282 834,506 4.4 % 4.6 % 24.80 28.01
2030 281 1,775,856 2.8 % 3.1 % 16.18 18.03 39 1,035,557 2.4 % 2.3 % 10.85 11.70 242 740,299 4.0 % 3.9 % 23.65 26.89
2031 279 1,832,341 2.9 % 3.2 % 16.61 18.88 39 1,115,281 2.6 % 2.6 % 11.30 12.36 240 717,060 3.8 % 3.9 % 24.86 29.01
2032+ 2,721 40,388,679 64.8 % 58.8 % 13.70 17.56 1,048 34,094,788 78.0 % 78.9 % 11.27 14.33 1,673 6,293,891 33.7 % 37.2 % 26.83 35.05
(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 9/30/22 77.2% 82.5%
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 33
--- ---
MAJOR CBSA DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
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 2022 Population Properties GLA Billed Leased ABR ABR PSF Properties of GLA of ABR
Top 50 Largest US CBSAs by Population 258 45,001,588 88.8 % 92.6 % $ 662,088 $ 16.82 68.3 % 67.3 % 70.4 %
CBSAs Ranked 51 - 100 by Population 44 8,071,687 91.1 % 94.1 % 98,486 13.72 11.6 % 12.1 % 10.5 %
Other CBSAs 76 13,778,094 91.5 % 95.1 % 180,295 14.75 20.1 % 20.6 % 19.1 %
TOTAL 378 66,851,369 89.6 % 93.3 % $ 940,869 $ 16.02 100.0 % 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 New York-Newark-Jersey City, NY-NJ-PA 1 26 3,204,581 85.0 % 95.2 % $ 67,186 $ 22.49 6.5 % 4.8 % 7.1 %
2 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 7 22 4,004,846 90.3 % 94.5 % 66,714 20.36 5.8 % 6.2 % 7.1 %
3 Houston-The Woodlands-Sugar Land, TX 5 30 4,003,729 90.9 % 93.6 % 52,588 14.47 7.9 % 6.1 % 5.6 %
4 Chicago-Naperville-Elgin, IL-IN-WI 3 17 4,321,156 83.7 % 86.3 % 52,428 14.61 4.5 % 6.5 % 5.6 %
5 Dallas-Fort Worth-Arlington, TX 4 13 2,601,417 88.5 % 91.3 % 44,910 19.07 3.4 % 3.9 % 4.9 %
6 Los Angeles-Long Beach-Anaheim, CA 2 11 1,888,045 94.2 % 96.9 % 41,305 24.59 2.5 % 2.8 % 4.4 %
7 Atlanta-Sandy Springs-Alpharetta, GA 8 23 3,332,769 88.0 % 91.9 % 39,274 13.24 6.1 % 5.1 % 4.2 %
8 Tampa-St. Petersburg-Clearwater, FL 18 11 1,778,193 89.1 % 90.9 % 25,987 16.78 2.5 % 2.7 % 2.8 %
9 Cincinnati, OH-KY-IN 30 7 1,864,226 90.6 % 94.9 % 24,563 17.76 1.9 % 2.8 % 2.6 %
10 Miami-Fort Lauderdale-Pompano Beach, FL 9 9 1,484,923 86.5 % 88.8 % 21,215 16.52 2.4 % 2.2 % 2.3 %
10 Largest CBSAs by ABR — 169 28,483,885 88.3 % 92.3 % 436,170 17.66 43.5 % 43.1 % 46.6 %
11 Naples-Marco Island, FL 142 5 1,068,511 95.8 % 98.2 % 19,707 19.10 1.3 % 1.6 % 2.1 %
12 Denver-Aurora-Lakewood, CO 19 6 1,317,998 89.0 % 95.6 % 18,081 15.44 1.6 % 2.0 % 2.0 %
13 Orlando-Kissimmee-Sanford, FL 23 5 810,464 87.7 % 94.2 % 17,526 23.16 1.3 % 1.2 % 2.0 %
14 Charlotte-Concord-Gastonia, NC-SC 22 5 1,425,703 93.4 % 97.5 % 16,383 13.07 1.3 % 2.1 % 1.7 %
15 Detroit-Warren-Dearborn, MI 14 8 1,460,031 91.6 % 93.7 % 16,337 12.96 2.1 % 2.2 % 1.7 %
16 San Diego-Chula Vista-Carlsbad, CA 17 3 655,343 97.4 % 99.2 % 16,116 25.31 0.8 % 1.0 % 1.7 %
17 Minneapolis-St. Paul-Bloomington, MN-WI 16 8 1,086,726 87.2 % 88.7 % 13,739 15.80 2.1 % 1.6 % 1.5 %
18 Ann Arbor, MI 150 3 820,327 91.0 % 94.8 % 12,702 16.46 0.8 % 1.2 % 1.4 %
19 San Francisco-Oakland-Berkeley, CA 13 2 506,994 94.7 % 95.1 % 11,420 29.04 0.5 % 0.8 % 1.2 %
20 Vallejo, CA 123 1 519,324 89.8 % 98.4 % 10,837 21.39 0.3 % 0.8 % 1.2 %
20 Largest CBSAs by ABR — 215 38,155,306 89.2 % 93.0 % 589,018 17.66 55.6 % 57.6 % 63.1 %
21 Binghamton, NY 197 4 751,572 88.6 % 96.0 % 10,318 14.52 1.1 % 1.1 % 1.1 %
22 Nashville-Davidson--Murfreesboro--Franklin, TN 36 4 798,262 97.5 % 98.4 % 10,040 12.78 1.1 % 1.2 % 1.1 %
23 Allentown-Bethlehem-Easton, PA-NJ 71 3 829,432 95.8 % 96.9 % 9,924 13.61 0.8 % 1.2 % 1.1 %
24 Port St. Lucie, FL 113 5 688,059 89.7 % 92.6 % 9,888 15.62 1.3 % 1.0 % 1.1 %
25 North Port-Sarasota-Bradenton, FL 69 5 734,750 92.9 % 94.6 % 9,852 14.26 1.3 % 1.1 % 1.0 %
26 Memphis, TN-MS-AR 44 1 649,252 93.2 % 95.5 % 9,823 16.85 0.3 % 1.0 % 1.0 %
27 Riverside-San Bernardino-Ontario, CA 12 4 501,668 85.1 % 98.6 % 9,822 22.71 1.1 % 0.8 % 1.0 %
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 34
--- ---
MAJOR CBSA DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
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 Boston-Cambridge-Newton, MA-NH 11 6 723,339 86.6 % 93.8 % 9,410 13.87 1.6 % 1.1 % 1.0 %
29 Cleveland-Elyria, OH 35 3 795,777 83.7 % 84.3 % 8,888 13.34 0.8 % 1.2 % 0.9 %
30 Jacksonville, FL 40 3 695,151 94.0 % 99.5 % 8,119 12.17 0.8 % 1.0 % 0.9 %
31 Indianapolis-Carmel-Anderson, IN 33 2 722,546 88.1 % 94.9 % 8,074 11.94 0.5 % 1.1 % 0.9 %
32 Hartford-East Hartford-Middletown, CT 49 3 584,167 73.8 % 78.3 % 7,616 16.65 0.8 % 0.9 % 0.8 %
33 Louisville/Jefferson County, KY-IN 46 4 700,179 88.4 % 90.8 % 7,544 12.20 1.1 % 1.0 % 0.8 %
34 Worcester, MA-CT 59 3 515,320 85.4 % 96.0 % 6,572 15.86 0.8 % 0.8 % 0.7 %
35 Norwich-New London, CT 186 2 440,313 90.9 % 90.9 % 6,416 16.40 0.5 % 0.7 % 0.7 %
36 Scranton--Wilkes-Barre, PA 103 2 619,139 95.0 % 98.7 % 6,111 22.91 0.5 % 0.9 % 0.6 %
37 New Haven-Milford, CT 70 4 487,795 83.2 % 85.9 % 6,090 14.54 1.1 % 0.7 % 0.6 %
38 Washington-Arlington-Alexandria, DC-VA-MD-WV 6 3 437,979 90.1 % 90.1 % 6,084 15.73 0.8 % 0.7 % 0.6 %
39 Greensboro-High Point, NC 79 1 407,244 99.4 % 99.7 % 6,029 14.85 0.3 % 0.6 % 0.6 %
40 Milwaukee-Waukesha, WI 41 4 567,074 85.3 % 88.7 % 5,989 11.90 1.1 % 0.8 % 0.6 %
41 Wilmington, NC 170 2 379,107 98.6 % 99.2 % 5,923 15.92 0.5 % 0.6 % 0.6 %
42 Poughkeepsie-Newburgh-Middletown, NY 87 3 399,379 98.0 % 100.0 % 5,810 14.78 0.8 % 0.6 % 0.6 %
43 Oxnard-Thousand Oaks-Ventura, CA 73 2 319,844 84.1 % 96.6 % 5,631 18.89 0.5 % 0.5 % 0.6 %
44 College Station-Bryan, TX 185 3 433,728 94.9 % 95.9 % 5,625 16.26 0.8 % 0.6 % 0.6 %
45 Spartanburg, SC 157 1 369,095 74.0 % 94.3 % 4,927 14.71 0.3 % 0.6 % 0.5 %
46 Dayton-Kettering, OH 75 1 333,998 97.4 % 99.4 % 4,641 14.60 0.3 % 0.5 % 0.5 %
47 Greenville-Anderson, SC 61 2 220,723 100.0 % 100.0 % 4,172 19.35 0.5 % 0.3 % 0.4 %
48 Panama City, FL 250 2 397,492 96.9 % 98.1 % 4,158 10.66 0.5 % 0.6 % 0.4 %
49 Manchester-Nashua, NH 131 2 228,850 97.7 % 97.7 % 4,153 19.53 0.5 % 0.3 % 0.4 %
50 Mobile, AL 126 1 409,891 83.0 % 83.3 % 4,119 12.35 0.3 % 0.6 % 0.4 %
50 Largest CBSAs by ABR — 300 54,296,431 89.4 % 93.3 % 800,786 16.79 78.3 % 81.7 % 85.2 %
51 Boulder, CO 161 1 275,919 85.0 % 86.4 % 4,116 17.26 0.3 % 0.4 % 0.4 %
52 Charleston-North Charleston, SC 74 2 498,871 84.1 % 84.1 % 4,111 9.96 0.5 % 0.7 % 0.4 %
53 Raleigh-Cary, NC 42 2 286,697 95.5 % 96.5 % 4,067 14.82 0.5 % 0.4 % 0.4 %
54 Kansas City, MO-KS 31 3 448,226 85.0 % 89.2 % 3,939 9.85 0.8 % 0.7 % 0.4 %
55 Cape Coral-Fort Myers, FL 77 1 281,394 96.6 % 98.9 % 3,892 14.35 0.3 % 0.4 % 0.4 %
56 Hilton Head Island-Bluffton, SC 208 2 231,952 96.7 % 98.5 % 3,708 16.22 0.5 % 0.3 % 0.4 %
57 Winston-Salem, NC 89 2 351,938 77.3 % 89.6 % 3,695 12.35 0.5 % 0.5 % 0.4 %
58 Bakersfield, CA 63 1 240,068 97.8 % 97.8 % 3,671 15.93 0.3 % 0.4 % 0.4 %
59 Richmond, VA 45 2 229,840 92.3 % 92.3 % 3,534 16.65 0.5 % 0.3 % 0.4 %
60 Greenville, NC 256 1 233,153 95.5 % 97.6 % 3,266 14.36 0.3 % 0.3 % 0.3 %
61 Fresno, CA 56 1 255,149 83.3 % 83.3 % 3,262 15.34 0.3 % 0.4 % 0.3 %
62 Atlantic City-Hammonton, NJ 180 1 179,199 88.9 % 91.3 % 3,233 19.76 0.3 % 0.3 % 0.3 %
63 Virginia Beach-Norfolk-Newport News, VA-NC 38 1 150,300 91.1 % 97.7 % 3,196 21.98 0.3 % 0.2 % 0.3 %
64 Pittsfield, MA 332 1 188,444 96.4 % 99.1 % 3,058 16.38 0.3 % 0.3 % 0.3 %
65 Springfield, MA 88 2 322,088 93.2 % 94.0 % 3,022 13.66 0.5 % 0.5 % 0.3 % Supplemental Disclosure - Three Months Ended September 30, 2022 Page 35
--- ---
MAJOR CBSA DETAIL ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
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 Savannah, GA 135 2 221,381 95.5 % 96.6 % 2,791 13.06 0.5 % 0.3 % 0.3 %
67 Columbus, OH 32 2 276,504 87.8 % 90.3 % 2,698 11.16 0.5 % 0.4 % 0.3 %
68 Elkhart-Goshen, IN 224 1 214,067 89.7 % 95.3 % 2,652 13.00 0.3 % 0.3 % 0.3 %
69 Roanoke, VA 164 2 313,340 94.6 % 96.4 % 2,633 10.83 0.5 % 0.5 % 0.3 %
70 Bridgeport-Stamford-Norwalk, CT 60 1 161,075 97.3 % 97.3 % 2,622 16.73 0.3 % 0.2 % 0.3 %
71 Concord, NH 285 1 194,612 91.4 % 97.4 % 2,490 13.88 0.3 % 0.3 % 0.3 %
72 Altoona, PA 348 1 266,512 87.4 % 87.4 % 2,473 10.72 0.3 % 0.4 % 0.3 %
73 Duluth, MN-WI 174 1 183,105 97.1 % 97.1 % 2,447 13.77 0.3 % 0.3 % 0.3 %
74 Flint, MI 138 1 164,632 100.0 % 100.0 % 2,184 13.36 0.3 % 0.2 % 0.2 %
75 Pittsburgh, PA 28 1 202,349 100.0 % 100.0 % 2,181 12.15 0.3 % 0.3 % 0.2 %
76 Austin-Round Rock-Georgetown, TX 26 1 170,605 96.7 % 96.7 % 2,180 13.21 0.3 % 0.3 % 0.2 %
77 St. Louis, MO-IL 21 2 208,998 95.5 % 96.1 % 2,164 10.95 0.5 % 0.3 % 0.2 %
78 Manhattan, KS 326 1 214,898 99.5 % 99.5 % 2,129 15.99 0.3 % 0.3 % 0.2 %
79 Trenton-Princeton, NJ 147 1 149,993 97.3 % 97.3 % 2,098 14.37 0.3 % 0.2 % 0.2 %
80 Tulsa, OK 55 1 193,276 100.0 % 100.0 % 2,068 10.70 0.3 % 0.3 % 0.2 %
81 Greeneville, TN 485 1 224,139 99.3 % 99.3 % 2,044 9.38 0.3 % 0.3 % 0.2 %
82 Saginaw, MI 237 1 184,735 100.0 % 100.0 % 2,042 11.05 0.3 % 0.3 % 0.2 %
83 Santa Maria-Santa Barbara, CA 124 1 167,041 87.8 % 88.1 % 2,017 13.71 0.3 % 0.2 % 0.2 %
84 Columbus, IN 444 1 143,740 82.8 % 100.0 % 1,989 13.84 0.3 % 0.2 % 0.2 %
85 Ithaca, NY 377 1 204,405 94.5 % 94.5 % 1,982 10.26 0.3 % 0.3 % 0.2 %
86 Rutland, VT 537 1 223,314 90.0 % 90.0 % 1,933 9.62 0.3 % 0.3 % 0.2 %
87 Portland-South Portland, ME 104 1 287,533 94.8 % 95.5 % 1,872 17.62 0.3 % 0.4 % 0.2 %
88 Crestview-Fort Walton Beach-Destin, FL 173 1 158,118 97.6 % 97.6 % 1,860 12.06 0.3 % 0.2 % 0.2 %
89 California-Lexington Park, MD 362 1 92,335 100.0 % 100.0 % 1,838 19.91 0.3 % 0.1 % 0.2 %
90 Tucson, AZ 54 1 165,350 67.1 % 79.3 % 1,821 13.89 0.3 % 0.2 % 0.2 %
91 Des Moines-West Des Moines, IA 83 1 269,705 97.4 % 97.4 % 1,806 6.88 0.3 % 0.4 % 0.2 %
92 Toledo, OH 95 1 289,105 83.5 % 83.5 % 1,706 12.61 0.3 % 0.4 % 0.2 %
93 Deltona-Daytona Beach-Ormond Beach, FL 91 1 182,054 98.9 % 100.0 % 1,691 9.29 0.3 % 0.3 % 0.2 %
94 Palm Bay-Melbourne-Titusville, FL 97 1 126,333 84.9 % 88.2 % 1,644 14.76 0.3 % 0.2 % 0.2 %
95 London, KY 300 1 165,826 100.0 % 100.0 % 1,608 9.70 0.3 % 0.2 % 0.2 %
96 Georgetown, SC 518 1 120,095 96.4 % 96.4 % 1,603 13.84 0.3 % 0.2 % 0.2 %
97 Ocean City, NJ 412 1 136,822 71.5 % 90.9 % 1,588 12.76 0.3 % 0.2 % 0.2 %
98 Durham-Chapel Hill, NC 93 1 97,226 85.7 % 97.1 % 1,560 16.53 0.3 % 0.1 % 0.2 %
99 Muskegon, MI 252 1 104,600 91.2 % 96.2 % 1,527 15.18 0.3 % 0.2 % 0.2 %
100 Augusta-Richmond County, GA-SC 96 1 170,681 99.2 % 99.2 % 1,432 8.46 0.3 % 0.3 % 0.2 %
100 Largest CBSAs by ABR — 362 65,118,173 89.8 % 93.4 % 925,929 16.17 95.8 % 97.4 % 98.4 %
Other CBSAs — 16 1,733,196 82.7 % 88.3 % 14,940 10.09 4.2 % 2.6 % 1.6 %
TOTAL — 378 66,851,369 89.6 % 93.3 % $ 940,869 $ 16.02 100.0 % 100.0 % 100.0 % Supplemental Disclosure - Three Months Ended September 30, 2022 Page 36
--- ---
PROPERTIES BY STATE ↩Table of<br><br>Contents
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
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 49 8,405,442 91.1 % 93.8 % $ 125,539 $ 16.26 13.0 % 12.6 % 13.3 %
2 Texas 48 7,294,146 90.5 % 93.1 % 106,480 16.17 12.7 % 10.9 % 11.3 %
3 California 28 5,248,696 91.0 % 95.2 % 106,325 22.81 7.4 % 7.9 % 11.3 %
4 New York 27 3,462,813 90.3 % 96.4 % 68,243 20.91 7.1 % 5.2 % 7.3 %
5 Pennsylvania 25 4,795,057 91.1 % 94.8 % 67,891 18.12 6.6 % 7.2 % 7.2 %
6 Illinois 18 4,409,002 83.8 % 86.3 % 52,990 14.46 4.8 % 6.6 % 5.6 %
7 New Jersey 16 2,822,512 86.4 % 94.7 % 44,990 17.89 4.2 % 4.2 % 4.8 %
8 Georgia 27 3,803,753 87.8 % 92.7 % 44,368 12.97 7.1 % 5.7 % 4.7 %
9 North Carolina 17 3,617,784 92.8 % 96.4 % 43,274 13.17 4.5 % 5.4 % 4.6 %
10 Michigan 16 2,994,800 90.5 % 93.0 % 36,690 13.73 4.2 % 4.5 % 3.9 %
11 Ohio 13 2,872,869 88.1 % 91.0 % 34,190 15.30 3.4 % 4.3 % 3.6 %
12 Tennessee 7 1,791,013 96.3 % 97.6 % 22,911 13.43 1.9 % 2.7 % 2.4 %
13 Connecticut 10 1,673,350 83.3 % 85.7 % 22,744 15.97 2.6 % 2.5 % 2.4 %
14 Colorado 7 1,593,917 88.3 % 94.0 % 22,197 15.75 1.9 % 2.4 % 2.4 %
15 Massachusetts 10 1,507,803 91.8 % 96.1 % 19,950 15.51 2.6 % 2.3 % 2.1 %
16 Kentucky 7 1,683,212 91.9 % 93.9 % 18,555 13.04 1.9 % 2.5 % 2.1 %
17 South Carolina 8 1,440,736 87.0 % 92.5 % 18,521 14.17 2.1 % 2.2 % 2.1 %
18 Minnesota 9 1,269,831 88.6 % 89.9 % 16,186 15.45 2.4 % 1.9 % 1.7 %
19 Indiana 5 1,212,380 89.0 % 96.1 % 14,119 12.22 1.3 % 1.8 % 1.5 %
20 Virginia 6 826,362 90.1 % 92.0 % 10,302 14.73 1.6 % 1.2 % 1.1 %
21 New Hampshire 5 664,850 85.2 % 94.4 % 8,755 14.44 1.3 % 1.0 % 0.9 %
22 Maryland 3 397,432 97.7 % 97.7 % 6,983 18.36 0.8 % 0.6 % 0.7 %
23 Wisconsin 4 567,074 85.3 % 88.7 % 5,989 11.90 1.0 % 0.8 % 0.6 %
24 Missouri 4 495,523 89.8 % 91.4 % 4,568 10.15 1.0 % 0.7 % 0.5 %
25 Alabama 1 409,891 83.0 % 83.3 % 4,119 12.35 0.3 % 0.6 % 0.4 %
26 Kansas 2 376,599 92.7 % 96.0 % 3,664 13.04 0.5 % 0.6 % 0.4 %
27 Oklahoma 1 193,276 100.0 % 100.0 % 2,068 10.70 0.3 % 0.3 % 0.2 %
28 Vermont 1 223,314 90.0 % 90.0 % 1,933 9.62 0.3 % 0.3 % 0.2 %
29 Maine 1 287,533 94.8 % 95.5 % 1,872 17.62 0.3 % 0.4 % 0.2 %
30 Arizona 1 165,350 67.1 % 79.3 % 1,821 13.89 0.3 % 0.2 % 0.2 %
31 Iowa 1 269,705 97.4 % 97.4 % 1,806 6.88 0.3 % 0.4 % 0.2 %
32 West Virginia 1 75,344 54.3 % 90.7 % 826 12.09 0.3 % 0.1 % 0.1 %
TOTAL 378 66,851,369 89.6 % 93.3 % $ 940,869 $ 16.02 100.0 % 100.0 % 100.0 %
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 37
--- ---
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) Other Major Tenants Major Tenants
1 Springdale Mobile AL Mobile, AL 2004 409,891 83.3 % $ 4,119 $ 12.35 Sam's Club* Bed Bath & Beyond, Big Lots, Burke's Outlet, Burlington Stores, Conn's HomePlus, Cost Plus World Market, Crunch Fitness, David's Bridal, Fresenius Medical Care, Marshalls, Shoe Station —
2 Northmall Centre Tucson AZ Tucson, AZ 1996 165,350 79.3 % 1,821 13.89 Sam's Club* Bookmans, CareMore, Defy-Tucson —
3 Bakersfield Plaza Bakersfield CA Bakersfield, CA 1970 240,068 97.8 % 3,671 15.93 Lassens Natural Foods & Vitamins AMC, Burlington Stores, Five Below, In Shape Fitness, Ross Dress for Less Hobby Lobby
4 Brea Gateway Brea CA Los Angeles-Long Beach-Anaheim, CA 1994 181,819 100.0 % 4,794 26.37 Ralphs (Kroger) Cost Plus World Market, HomeGoods, Rite Aid —
5 Carmen Plaza Camarillo CA Oxnard-Thousand Oaks-Ventura, CA 2000 128,369 95.1 % 3,198 27.70 TBA, Trader Joe's* CVS, Harbor Freight Tools, Pet Supplies Plus —
6 Plaza Rio Vista Cathedral CA Riverside-San Bernardino-Ontario, CA 2005 75,415 96.6 % 1,464 22.50 Stater Bros. — —
7 Cudahy Plaza Cudahy CA Los Angeles-Long Beach-Anaheim, CA 2021 123,149 92.7 % 2,576 22.57 — Big Lots, Burlington Stores, Chuze Fitness —
8 University Mall Davis CA Sacramento-Roseville-Folsom, CA 1964 105,531 34.7 % 948 25.86 Trader Joe's — —
9 Felicita Plaza Escondido CA San Diego-Chula Vista-Carlsbad, CA 2001 98,594 100.0 % 1,741 17.66 Vons (Albertsons) Chuze Fitness —
10 Felicita Town Center Escondido CA San Diego-Chula Vista-Carlsbad, CA 1987 124,670 95.7 % 3,085 25.84 Major Market, Trader Joe's Rite Aid —
11 Arbor - Broadway Faire (2) Fresno CA Fresno, CA 1995 255,149 83.3 % 3,262 15.34 Smart & Final Extra! PetSmart, The Home Depot Dick's Sporting Goods
12 Lompoc Center Lompoc CA Santa Maria-Santa Barbara, CA 1960 167,041 88.1 % 2,017 13.71 ALDI Boot Barn, Five Below, Harbor Freight Tools, Marshalls, Michaels, Ulta —
13 Briggsmore Plaza Modesto CA Modesto, CA 1998 89,689 100.0 % 1,296 14.86 Grocery Outlet dd's Discounts (Ross), Sears Outlet In Shape Fitness
14 Montebello Plaza Montebello CA Los Angeles-Long Beach-Anaheim, CA 1974 284,331 100.0 % 6,467 23.36 Albertsons Best Buy, CVS, Five Below, Kohl's, Ross Dress for Less —
15 California Oaks Center Murrieta CA Riverside-San Bernardino-Ontario, CA 1990 124,481 98.4 % 2,304 19.42 Barons Market Crunch Fitness, Dollar Tree —
16 Pacoima Center Pacoima CA Los Angeles-Long Beach-Anaheim, CA 1995 202,773 100.0 % 2,459 12.13 Food 4 Less (Kroger) Ross Dress for Less, Target —
17 Metro 580 Pleasanton CA San Francisco-Oakland-Berkeley, CA 1996 177,573 93.4 % 2,622 33.76 — Kohl's, Party City Walmart
18 Rose Pavilion Pleasanton CA San Francisco-Oakland-Berkeley, CA 2019 329,421 96.0 % 8,798 27.88 99 Ranch Market, Trader Joe's CVS, Macy's Home Store, Restoration Hardware, Total Wine & More —
19 Puente Hills Town Center Rowland Heights CA Los Angeles-Long Beach-Anaheim, CA 1984 258,685 85.3 % 5,759 26.10 — Marshalls, Planet Fitness —
20 Ocean View Plaza San Clemente CA Los Angeles-Long Beach-Anaheim, CA 1990 169,963 100.0 % 5,575 32.80 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 % 1,346 27.64 Stater Bros. — —
22 Village at Mira Mesa (3) San Diego CA San Diego-Chula Vista-Carlsbad, CA 2022 432,079 100.0 % 11,290 26.96 Sprouts Farmers Market, Vons (Albertsons) BevMo, Burlington Stores, CVS, Marshalls, Michaels, Mira Mesa Lanes —
23 San Dimas Plaza San Dimas CA Los Angeles-Long Beach-Anaheim, CA 1986 164,757 100.0 % 4,081 24.77 Smart & Final Extra! Harbor Freight Tools, T.J.Maxx —
24 Bristol Plaza Santa Ana CA Los Angeles-Long Beach-Anaheim, CA 2003 111,403 91.3 % 3,383 33.99 Trader Joe's Petco, Rite Aid, Ross Dress for less —
25 Gateway Plaza Santa Fe Springs CA Los Angeles-Long Beach-Anaheim, CA 2002 289,268 100.0 % 3,732 25.09 El Super, Walmart Supercenter LA Fitness, Ross Dress for Less Target
26 Santa Paula Center Santa Paula CA Oxnard-Thousand Oaks-Ventura, CA 1995 191,475 97.6 % 2,433 13.32 Vons (Albertsons) Ace Hardware, Big Lots —
27 Vail Ranch Center (3) Temecula CA Riverside-San Bernardino-Ontario, CA 2022 201,682 99.5 % 3,752 24.99 Stater Bros. Burlington Stores, Five Below, Rite Aid —
28 Country Hills Shopping Center Torrance CA Los Angeles-Long Beach-Anaheim, CA 1977 53,200 97.2 % 1,133 21.91 Ralphs (Kroger) — —
29 Upland Town Square Upland CA Riverside-San Bernardino-Ontario, CA 1994 100,090 98.5 % 2,302 23.34 Sprouts Farmers Market — —
30 Gateway Plaza - Vallejo (3) Vallejo CA Vallejo, CA 2022 519,324 98.4 % 10,837 21.39 Costco* Bed Bath & Beyond, Century Theatres, DSW, Five Below, LA Fitness, Marshalls, Michaels, OfficeMax, Party City, Petco, PetSmart, Ross Dress for Less, Ulta Target
31 Arvada Plaza Arvada CO Denver-Aurora-Lakewood, CO 1994 95,236 100.0 % 821 8.62 King Soopers (Kroger) Arc —
32 Arapahoe Crossings Aurora CO Denver-Aurora-Lakewood, CO 1996 476,988 99.0 % 7,569 16.18 King Soopers (Kroger) 2nd & Charles, AMC Theatres, Big Lots, Burlington Stores, buybuy BABY, DICK’S Sporting Goods Warehouse Sale, Goldfish Swim School, Kohl's, Planet Fitness —
33 Aurora Plaza Aurora CO Denver-Aurora-Lakewood, CO 1996 178,013 100.0 % 2,133 12.40 King Soopers (Kroger) Chuze Fitness, Gen X —
34 Villa Monaco Denver CO Denver-Aurora-Lakewood, CO 1978 122,803 98.2 % 2,008 16.90 — Chuze Fitness —
35 Centennial Shopping Center Englewood CO Denver-Aurora-Lakewood, CO 2013 113,830 95.3 % 1,165 37.45 King Soopers (Kroger) Pet Supplies Plus —
36 Superior Marketplace Superior CO Boulder, CO 1997 275,919 86.4 % 4,116 17.26 Whole Foods Market, Costco*, SuperTarget* Goldfish Swim School, Michaels, OfficeMax, PetSmart, Stickley Furniture, T.J.Maxx, Ulta —
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 38
--- ---
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) Other Major Tenants Major Tenants
37 Westminster City Center (3) Westminster CO Denver-Aurora-Lakewood, CO 2022 331,128 86.3 % 4,385 15.34 — Barnes & Noble, buybuy BABY, David's Bridal, Five Below, Golf Galaxy, JOANN, Ross Dress for Less, Tile Shop, Ulta —
38 The Shoppes at Fox Run Glastonbury CT Hartford-East Hartford-Middletown, CT 1974 106,498 92.4 % 2,652 26.94 Whole Foods Market Petco —
39 Groton Square Groton CT Norwich-New London, CT 1987 196,802 92.1 % 2,363 13.03 Super Stop & Shop (Ahold Delhaize) Kohl's Walmart
40 Parkway Plaza Hamden CT New Haven-Milford, CT 2006 72,353 95.2 % 1,047 15.21 PriceRite (Wakefern) — The Home Depot
41 The Manchester Collection Manchester CT Hartford-East Hartford-Middletown, CT 2001 327,775 84.0 % 3,384 12.29 Walmart Supercenter* Bed Bath & Beyond, Cost Plus World Market, DICK’S Sporting Goods Warehouse Sale, DSW, Edge Fitness, Frontera Grill, Hobby Lobby, U.S. Furniture Best Buy, The Home Depot, Walmart
42 Turnpike Plaza Newington CT Hartford-East Hartford-Middletown, CT 2004 149,894 55.8 % 1,580 18.88 Price Chopper — —
43 North Haven Crossing North Haven CT New Haven-Milford, CT 1993 103,865 73.8 % 1,479 19.29 — Barnes & Noble, Dollar Tree, Five Below, Lumber Liquidators, PetSmart —
44 Christmas Tree Plaza Orange CT New Haven-Milford, CT 1996 132,791 86.2 % 1,353 11.82 — Christmas Tree Shops, Montana Nights Axe Throwing, U.S. Furniture —
45 Stratford Square Stratford CT Bridgeport-Stamford-Norwalk, CT 1984 161,075 97.3 % 2,622 16.73 — LA Fitness, Marshalls —
46 Waterbury Plaza Waterbury CT New Haven-Milford, CT 2000 178,786 88.9 % 2,211 13.91 Super Stop & Shop (Ahold Delhaize) Dollar Tree, DLTR Target
47 Waterford Commons Waterford CT Norwich-New London, CT 2004 243,511 89.9 % 4,053 19.32 — Dick’s Sporting Goods, DSW, Michaels, Party City, Tractor Supply Co., Ulta Best Buy, Raymour & Flanigan
48 Center of Bonita Springs Bonita Springs FL Cape Coral-Fort Myers, FL 2014 281,394 98.9 % 3,892 14.35 Publix Anthony's Ladies Apparel, Bealls Outlet, Crunch Fitness, Naples Community Hospital, NewSouth Window Solutions, Old Time Pottery —
49 Coastal Way - Coastal Landing Brooksville FL Tampa-St. Petersburg-Clearwater, FL 2008 374,598 75.5 % 4,038 18.38 — Bed Bath & Beyond, Belk, HomeGoods, Marshalls, Michaels, Office Depot, Petco, Ulta —
50 Clearwater Mall Clearwater FL Tampa-St. Petersburg-Clearwater, FL 1973 300,929 95.1 % 6,690 23.37 Costco*, SuperTarget* Burlington Stores, David's Bridal, Five Below, Michaels, PetSmart, Ross Dress for Less, Tota Music & Theatre Conservatory Lowe's
51 Coconut Creek Plaza Coconut Creek FL Miami-Fort Lauderdale-Pompano Beach, FL 2005 264,129 93.1 % 3,821 15.54 Publix Big Lots, CareerSource Broward, Harvest Church, Off the Wall Trampoline, Planet Fitness, Wellmax Medical Center —
52 Century Plaza Shopping Center Deerfield Beach FL Miami-Fort Lauderdale-Pompano Beach, FL 2006 90,483 85.2 % 1,914 24.83 — Broward County Library, CVS —
53 Northgate Shopping Center DeLand FL Deltona-Daytona Beach-Ormond Beach, FL 1993 182,054 100.0 % 1,691 9.29 Publix Big Lots, Planet Fitness, Tractor Supply Co. —
54 Sun Plaza Fort Walton Beach FL Crestview-Fort Walton Beach-Destin, FL 2004 158,118 97.6 % 1,860 12.06 Publix Bealls Outlet, Books-A-Million, Office Depot, T.J.Maxx —
55 Normandy Square Jacksonville FL Jacksonville, FL 1996 90,384 100.0 % 941 10.72 Winn-Dixie (Southeastern Grocers) Ace Hardware, Family Dollar —
56 Regency Park Shopping Center Jacksonville FL Jacksonville, FL 1985 330,567 99.0 % 2,786 9.12 — American Signature Furniture, Bealls Outlet, Crunch Fitness, David's Bridal, Dollar Tree, Ollie's Bargain Outlet, Surplus Warehouse —
57 Ventura Downs Kissimmee FL Orlando-Kissimmee-Sanford, FL 2018 98,191 98.6 % 1,927 19.91 — Dollar Tree, LA Fitness —
58 Marketplace at Wycliffe Lake Worth FL Miami-Fort Lauderdale-Pompano Beach, FL 2002 135,820 94.3 % 2,564 20.38 Walmart Neighborhood Market Walgreens —
59 Venetian Isle Shopping Ctr Lighthouse Point FL Miami-Fort Lauderdale-Pompano Beach, FL 1992 183,816 69.5 % 1,613 13.14 Publix Dollar Tree, Petco, Staples —
60 Marco Town Center (3) Marco Island FL Naples-Marco Island, FL 2022 109,545 91.0 % 2,626 26.34 Publix — —
61 Mall at 163rd Street Miami FL Miami-Fort Lauderdale-Pompano Beach, FL 2007 342,385 82.9 % 3,453 12.49 Walmart Supercenter* Citi Trends, Ross Dress for Less The Home Depot
62 Shops at Palm Lakes (3) Miami FL Miami-Fort Lauderdale-Pompano Beach, FL 2022 230,336 98.3 % 5,028 24.33 Fresco y Más (Southeastern Grocers) dd's Discounts (Ross), LA Fitness, Miami Beach Healthcare Group, Ross Dress for Less —
63 Freedom Square Naples FL Naples-Marco Island, FL 2021 193,242 97.5 % 2,708 14.37 Publix Burlington Stores, HomeGoods, Planet Fitness —
64 Granada Shoppes Naples FL Naples-Marco Island, FL 2011 306,981 100.0 % 5,452 17.76 Trader Joe's Advance Auto Parts, Chuck E. Cheese's, Hobby Lobby, Marshalls, Tuesday Morning —
65 Naples Plaza Naples FL Naples-Marco Island, FL 2013 201,795 97.9 % 3,797 19.55 Publix Marshalls, Office Depot, PGA TOUR Superstore —
66 Park Shore Plaza Naples FL Naples-Marco Island, FL 2017 256,948 99.6 % 5,124 21.12 The Fresh Market Big Lots, Burlington Stores, HomeGoods, Party City, Saks OFF Fifth, Yard House —
67 Chelsea Place New Port Richey FL Tampa-St. Petersburg-Clearwater, FL 1992 81,144 100.0 % 1,142 14.07 Publix Zone Fitness Club —
68 Presidential Plaza West North Lauderdale FL Miami-Fort Lauderdale-Pompano Beach, FL 2006 88,441 100.0 % 1,099 12.43 Sedano's Family Dollar —
69 Colonial Marketplace Orlando FL Orlando-Kissimmee-Sanford, FL 1986 141,069 100.0 % 2,599 18.42 — Burlington Stores, LA Fitness Target
70 Conway Crossing Orlando FL Orlando-Kissimmee-Sanford, FL 2002 76,321 97.9 % 1,139 15.24 Publix — — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 39
--- ---
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) Other Major Tenants Major Tenants
71 Hunter's Creek Plaza Orlando FL Orlando-Kissimmee-Sanford, FL 1998 74,583 100.0 % 1,351 18.11 Seabra Foods Office Depot —
72 Pointe Orlando (3) Orlando FL Orlando-Kissimmee-Sanford, FL 2022 420,300 89.5 % 10,510 28.45 — Capital Grille, Cuba Libre, Hampton Social, Improv & Fat Fish Blue, Maggiano's Little Italy, Main Event, Regal Cinemas, Rodizio Grill, Sports & Social —
73 Martin Downs Town Center Palm City FL Port St. Lucie, FL 1996 64,546 100.0 % 850 13.17 Publix — —
74 Martin Downs Village Center Palm City FL Port St. Lucie, FL 1987 162,592 94.3 % 3,022 20.27 — Coastal Care, Walgreens —
75 23rd Street Station Panama City FL Panama City, FL 1995 98,827 92.4 % 1,370 15.01 Publix Pet Supplies Plus —
76 Panama City Square Panama City FL Panama City, FL 1989 298,665 100.0 % 2,788 9.33 Walmart Supercenter Big Lots, Harbor Freight Tools, HomeGoods, T.J.Maxx —
77 East Port Plaza (3) Port St. Lucie FL Port St. Lucie, FL 2022 214,489 90.9 % 2,807 14.40 Publix Fortis Institute, Urban Air Adventure Park, Walgreens —
78 Shoppes of Victoria Square Port St. Lucie FL Port St. Lucie, FL 1990 95,186 100.0 % 1,345 14.13 Winn-Dixie (Southeastern Grocers) Dollar Tree —
79 Lake St. Charles Riverview FL Tampa-St. Petersburg-Clearwater, FL 1999 61,015 100.0 % 757 13.28 Winn-Dixie (Southeastern Grocers) — —
80 Cobblestone Village Royal Palm Beach FL Miami-Fort Lauderdale-Pompano Beach, FL 2005 39,404 100.0 % 869 22.05 SuperTarget* The Zoo Health Club —
81 Beneva Village Shoppes Sarasota FL North Port-Sarasota-Bradenton, FL 2020 144,078 90.6 % 2,606 19.96 Publix Harbor Freight Tools, Pet Supermarket —
82 Sarasota Village Sarasota FL North Port-Sarasota-Bradenton, FL 1972 173,184 100.0 % 2,180 12.91 Publix Big Lots, Crunch Fitness, HomeGoods —
83 Atlantic Plaza Satellite Beach FL Palm Bay-Melbourne-Titusville, FL 2008 126,333 88.2 % 1,644 14.76 Publix Home Centric, Planet Fitness —
84 Seminole Plaza Seminole FL Tampa-St. Petersburg-Clearwater, FL 2020 156,718 100.0 % 2,152 13.73 Sprouts Farmers Market Bealls Outlet, Burlington Stores, T.J.Maxx —
85 Cobblestone Village St. Augustine FL Jacksonville, FL 2003 274,200 100.0 % 4,392 16.02 Publix Bealls, Bed Bath & Beyond, Michaels, Party City, Petco —
86 Dolphin Village St. Pete Beach FL Tampa-St. Petersburg-Clearwater, FL 1990 135,796 88.1 % 2,123 17.75 Publix CVS, Dollar Tree —
87 Rutland Plaza St. Petersburg FL Tampa-St. Petersburg-Clearwater, FL 2002 149,562 98.8 % 1,405 9.51 Winn-Dixie (Southeastern Grocers) Bealls Outlet, Big Lots —
88 Tyrone Gardens (3) St. Petersburg FL Tampa-St. Petersburg-Clearwater, FL 2022 195,214 83.3 % 2,009 12.36 Winn-Dixie (Southeastern Grocers) Big Lots, Chuck E. Cheese’s, Crunch Fitness —
89 Downtown Publix Stuart FL Port St. Lucie, FL 2000 151,246 85.6 % 1,864 14.40 Publix Flooring USA —
90 Sunrise Town Center Sunrise FL Miami-Fort Lauderdale-Pompano Beach, FL 1989 110,109 92.3 % 854 8.41 Patel Brothers Dollar Tree Walmart
91 Carrollwood Center Tampa FL Tampa-St. Petersburg-Clearwater, FL 2002 92,678 98.9 % 1,771 19.32 Publix Rarehues —
92 Ross Plaza Tampa FL Tampa-St. Petersburg-Clearwater, FL 1996 84,707 95.2 % 1,367 16.95 — Dollar Tree, Lumber Liquidators, Ross Dress for Less —
93 Tarpon Mall Tarpon Springs FL Tampa-St. Petersburg-Clearwater, FL 2003 145,832 100.0 % 2,533 17.37 Publix Petco, T.J.Maxx, Ulta —
94 Venice Plaza Venice FL North Port-Sarasota-Bradenton, FL 1999 132,345 98.8 % 1,063 8.13 Winn-Dixie (Southeastern Grocers) Lumber Liquidators, Pet Supermarket, T.J.Maxx —
95 Venice Shopping Center Venice FL North Port-Sarasota-Bradenton, FL 2000 109,801 87.3 % 818 8.53 Publix American Freight Furniture —
96 Venice Village (3) Venice FL North Port-Sarasota-Bradenton, FL 2022 175,342 94.0 % 3,185 19.33 Publix JOANN, Planet Fitness —
97 Mansell Crossing Alpharetta GA Atlanta-Sandy Springs-Alpharetta, GA 1993 280,749 94.3 % 3,554 17.81 — Barnes & Noble, DSW, Macy's Furniture Gallery, REI, T.J.Maxx Burlington Stores, buybuy BABY, HomeGoods, Michaels, Ross Dress for Less, Studio Movie Grill
98 Northeast Plaza Atlanta GA Atlanta-Sandy Springs-Alpharetta, GA 1952 445,042 88.0 % 4,744 12.37 City Farmers Market Buckhead Fight Club, dd's Discounts (Ross), Happy Land Dresses, NCG Cinemas —
99 Augusta West Plaza Augusta GA Augusta-Richmond County, GA-SC 2006 170,681 99.2 % 1,432 8.46 — At Home, Dollar Tree, Hibachi Grill & Supreme Buffet, Octapharma —
100 Sweetwater Village Austell GA Atlanta-Sandy Springs-Alpharetta, GA 1985 66,197 100.0 % 578 8.73 Food Depot Family Dollar —
101 Vineyards at Chateau Elan Braselton GA Atlanta-Sandy Springs-Alpharetta, GA 2002 79,047 100.0 % 1,284 16.24 Publix — —
102 Salem Road Station Covington GA Atlanta-Sandy Springs-Alpharetta, GA 2000 67,270 100.0 % 829 12.32 Publix — —
103 Keith Bridge Commons Cumming GA Atlanta-Sandy Springs-Alpharetta, GA 2002 94,886 95.9 % 1,297 14.25 Kroger — —
104 Northside Dalton GA Dalton, GA 2001 78,922 99.0 % 871 11.90 — America's Thirft Stores, Dollar Tree —
105 Cosby Station Douglasville GA Atlanta-Sandy Springs-Alpharetta, GA 1994 77,811 100.0 % 948 12.18 Publix — —
106 Park Plaza Douglasville GA Atlanta-Sandy Springs-Alpharetta, GA 1986 46,670 90.7 % 785 18.63 Kroger* — —
107 Venture Pointe Duluth GA Atlanta-Sandy Springs-Alpharetta, GA 1995 155,172 100.0 % 1,690 10.89 Costco* American Signature Furniture, Ollie's Bargain Outlet, Studio Movie Grill Big Lots
108 Banks Station Fayetteville GA Atlanta-Sandy Springs-Alpharetta, GA 2006 178,871 85.5 % 1,434 11.02 Food Depot Staples — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 40
--- ---
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) Other Major Tenants Major Tenants
109 Barrett Place Kennesaw GA Atlanta-Sandy Springs-Alpharetta, GA 1992 218,818 100.0 % 2,622 11.98 ALDI Best Buy, Duluth Trading, Georgia Furniture Mart, Michaels, OfficeMax, PetSmart —
110 Shops of Huntcrest Lawrenceville GA Atlanta-Sandy Springs-Alpharetta, GA 2003 97,040 96.1 % 1,356 14.54 Publix — —
111 Mableton Walk Mableton GA Atlanta-Sandy Springs-Alpharetta, GA 1994 105,884 92.5 % 1,518 15.50 Publix — —
112 The Village at Mableton (3) Mableton GA Atlanta-Sandy Springs-Alpharetta, GA 2022 239,013 76.1 % 1,696 9.33 — Dashmart, dd's Discounts (Ross), Dollar Tree, Ollie's Bargain Outlet, Planet Fitness, Ross Dress for Less —
113 Eastlake Plaza Marietta GA Atlanta-Sandy Springs-Alpharetta, GA 1982 56,840 97.9 % 766 14.24 — Marshalls —
114 New Chastain Corners Marietta GA Atlanta-Sandy Springs-Alpharetta, GA 2004 113,079 88.5 % 1,192 11.91 Kroger — —
115 Pavilions at Eastlake Marietta GA Atlanta-Sandy Springs-Alpharetta, GA 1996 144,151 96.6 % 2,093 15.03 Kroger — —
116 Creekwood Village Rex GA Atlanta-Sandy Springs-Alpharetta, GA 1990 69,778 100.0 % 672 9.63 Food Depot — —
117 ConneXion Roswell GA Atlanta-Sandy Springs-Alpharetta, GA 2016 107,687 93.4 % 1,926 19.16 — My Salon Suites —
118 Holcomb Bridge Crossing Roswell GA Atlanta-Sandy Springs-Alpharetta, GA 1988 93,420 92.7 % 1,057 12.21 — PGA TOUR Superstore —
119 Kings Market Roswell GA Atlanta-Sandy Springs-Alpharetta, GA 2005 275,294 78.9 % 2,458 11.32 Publix Frontgate, SkyZone, TK Volleyball —
120 Victory Square Savannah GA Savannah, GA 2007 119,919 96.0 % 1,656 14.39 SuperTarget* Citi Trends, Dollar Tree, NCG Cinemas, Staples The Home Depot
121 Stockbridge Village Stockbridge GA Atlanta-Sandy Springs-Alpharetta, GA 2008 184,185 98.3 % 3,092 17.07 Kroger — —
122 Stone Mountain Festival Stone Mountain GA Atlanta-Sandy Springs-Alpharetta, GA 2006 135,865 98.4 % 1,683 12.59 — Conn's Home Plus, Harbor Freight, NCG Cinemas —
123 Wilmington Island Wilmington Island GA Savannah, GA 1985 101,462 97.2 % 1,135 11.50 Kroger — —
124 Haymarket Square Des Moines IA Des Moines-West Des Moines, IA 1979 269,705 97.4 % 1,806 6.88 Price Chopper Big Lots, Genesis Health Club, Many Hands Thrift, Northern Tool + Equipment, Office Depot —
125 Annex of Arlington Arlington Heights IL Chicago-Naperville-Elgin, IL-IN-WI 1999 199,663 96.3 % 3,782 19.67 Trader Joe's Chuck E. Cheese's, Kirkland's, Petco, Ulta —
126 Ridge Plaza Arlington Heights IL Chicago-Naperville-Elgin, IL-IN-WI 2000 151,643 96.0 % 2,174 14.93 — DashMart, XSport Fitness, Wholesalers Unlimited Kohl's
127 Southfield Plaza Bridgeview IL Chicago-Naperville-Elgin, IL-IN-WI 2006 196,445 99.5 % 2,430 12.43 Shop & Save Market Hobby Lobby, Octapharma, Planet Fitness, Walgreens —
128 Commons of Chicago Ridge Chicago Ridge IL Chicago-Naperville-Elgin, IL-IN-WI 1998 324,977 96.0 % 4,640 16.02 — KPot Korean BBQ & Hot Pot, Marshalls, Ross Dress for Less, The Home Depot, XSport Fitness —
129 Rivercrest Shopping Center Crestwood IL Chicago-Naperville-Elgin, IL-IN-WI 1992 541,651 84.9 % 5,674 13.17 — AMC Theatre, At Home, Burlington Stores, Five Below, Party City, PetSmart, Planet Fitness, Ross Dress for Less —
130 The Commons of Crystal Lake Crystal Lake IL Chicago-Naperville-Elgin, IL-IN-WI 1987 273,060 77.3 % 2,198 10.42 Jewel-Osco (Albertsons) Burlington Stores Hobby Lobby
131 Elk Grove Town Center Elk Grove Village IL Chicago-Naperville-Elgin, IL-IN-WI 1998 47,704 100.0 % 999 21.95 — Dollar Tree —
132 Elmhurst Crossing Elmhurst IL Chicago-Naperville-Elgin, IL-IN-WI 2005 347,503 100.0 % 4,876 14.03 Whole Foods Market At Home, Kohls, Party City, Petco, Shoe Carnival —
133 Freeport Plaza Freeport IL Freeport, IL 2000 87,846 86.9 % 562 7.36 Cub Foods (United Natural Foods Inc.) — —
134 The Quentin Collection Kildeer IL Chicago-Naperville-Elgin, IL-IN-WI 2006 171,530 74.6 % 1,876 14.66 — Best Buy, Painted Tree Marketplace, PetSmart —
135 Butterfield Square Libertyville IL Chicago-Naperville-Elgin, IL-IN-WI 1997 106,683 87.5 % 1,594 17.08 Sunset Foods — —
136 High Point Centre Lombard IL Chicago-Naperville-Elgin, IL-IN-WI 2019 240,007 65.7 % 2,057 13.04 — Altitude Trampoline Park, David's Bridal, JOANN, LA Fitness —
137 Long Meadow Commons Mundelein IL Chicago-Naperville-Elgin, IL-IN-WI 1997 118,281 95.2 % 1,783 16.69 Jewel-Osco Planet Fitness —
138 Westridge Court (2) Naperville IL Chicago-Naperville-Elgin, IL-IN-WI 1992 682,650 73.7 % 7,499 15.16 The Fresh Market Bed Bath & Beyond, buybuy BABY, Cost Plus World Market, Edge Fitness, Five Below, Furniture Source, La-Z-Boy Furniture, Painted Tree Marketplace, Party City, Star Cinema Grille, Ulta —
139 North Riverside Plaza North Riverside IL Chicago-Naperville-Elgin, IL-IN-WI 2007 387,873 96.2 % 4,415 11.83 Amazon Fresh Best Buy, Burlington Stores, Kohl's, Michaels, Petco —
140 Ravinia Plaza Orland Park IL Chicago-Naperville-Elgin, IL-IN-WI 1990 101,800 81.1 % 1,495 18.10 Whole Foods Market — —
141 Rollins Crossing Round Lake Beach IL Chicago-Naperville-Elgin, IL-IN-WI 1998 192,913 93.8 % 1,915 17.67 — Asian Grill Sushi Buffet, LA Fitness, Regal Cinemas —
142 Tinley Park Plaza Tinley Park IL Chicago-Naperville-Elgin, IL-IN-WI 2022 236,773 78.3 % 3,021 16.30 Amazon Fresh Burlington Stores, Planet Fitness, Tile Shop —
143 Meridian Village Carmel IN Indianapolis-Carmel-Anderson, IN 1990 130,769 98.1 % 1,404 10.95 — Dollar Tree, Godby Home Furnishings, Ollie's Bargain Outlet —
144 Columbus Center Columbus IN Columbus, IN 1964 143,740 100.0 % 1,989 13.84 — Burlington Stores, Five Below, OfficeMax, Pet Supplies Plus, T.J.Maxx, Ulta Target Supplemental Disclosure - Three Months Ended September 30, 2022 Page 41
--- ---
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) Other Major Tenants Major Tenants
145 Market Centre Goshen IN Elkhart-Goshen, IN 1994 214,067 95.3 % 2,652 13.00 Walmart Supercenter* Aaron's, Burlington Stores, JOANN, Ross Dress for Less, Staples —
146 Speedway Super Center (3) Speedway IN Indianapolis-Carmel-Anderson, IN 2022 591,777 94.2 % 6,670 12.18 Kroger Aaron's, Burlington Stores, Harbor Freight Tools, Healthnet, Kohl's, Oak Street Health Center, Ross Dress for Less, Sears Outlet, T.J.Maxx —
147 Sagamore Park Centre West Lafayette IN Lafayette-West Lafayette, IN 2018 132,027 100.0 % 1,404 10.63 Pay Less (Kroger) — —
148 Westchester Square Lenexa KS Kansas City, MO-KS 1987 161,701 91.4 % 1,535 10.38 Hy-Vee — —
149 West Loop Shopping Center Manhattan KS Manhattan, KS 2013 214,898 99.5 % 2,129 15.99 Dillons (Kroger) Bellus Academy, JOANN, Marshalls —
150 North Dixie Plaza Elizabethtown KY Elizabethtown-Fort Knox, KY 1992 130,466 99.1 % 1,097 8.49 — At Home, Staples —
151 Florence Plaza - Florence Square (2) Florence KY Cincinnati, OH-KY-IN 2014 686,741 94.6 % 8,306 16.29 Kroger Aaron's, Barnes & Noble, Bob's Discount Furniture, Burlington Stores, David's Bridal, Five Below, Harbor Freight Tools, Hobby Lobby, HomeGoods, Old Navy, Ollie's Bargain Outlet, Ross Dress for Less, Sierra Trading Post, Staples, T.J.Maxx —
152 Jeffersontown Commons Jeffersontown KY Louisville/Jefferson County, KY-IN 1959 208,388 76.8 % 1,655 11.03 — Dollar Tree, King Pin Lanes —
153 London Marketplace London KY London, KY 1994 165,826 100.0 % 1,608 9.70 Kroger Goody's, Kohl's, Marshalls, Planet Fitness —
154 Eastgate Shopping Center Louisville KY Louisville/Jefferson County, KY-IN 2002 174,842 100.0 % 2,107 12.05 Kroger Petco —
155 Plainview Village Louisville KY Louisville/Jefferson County, KY-IN 1997 158,009 90.8 % 1,726 12.70 Kroger — —
156 Stony Brook I & II Louisville KY Louisville/Jefferson County, KY-IN 1988 158,940 99.1 % 2,056 13.06 Kroger Marketplace — —
157 Points West Plaza Brockton MA Boston-Cambridge-Newton, MA-NH 1960 141,451 98.5 % 1,169 8.39 America's Food Basket Citi Trends, Crunch Fitness, Jerusalem Discount Furniture —
158 Burlington Square I, II & III Burlington MA Boston-Cambridge-Newton, MA-NH 1992 79,698 84.4 % 2,000 29.74 — Golf Galaxy, Staples Duluth Trading Co.
159 Holyoke Shopping Center Holyoke MA Springfield, MA 2000 195,995 92.0 % 1,653 13.60 Super Stop & Shop (Ahold Delhaize) JOANN, Ocean State Job Lot —
160 WaterTower Plaza (3) Leominster MA Worcester, MA-CT 2022 284,757 94.7 % 3,716 14.05 TBA Barnes & Noble, Michaels, Party City, Petco, Staples, The Paper Store, T.J.Maxx, Ulta —
161 Lunenberg Crossing Lunenburg MA Worcester, MA-CT 1994 25,515 100.0 % 376 14.74 Hannaford Bros. (Ahold Delhaize)* — Walmart
162 Lynn Marketplace Lynn MA Boston-Cambridge-Newton, MA-NH 1968 78,046 95.5 % 1,429 19.17 Stop And Compare Crunch Fitness, Rainbow Shops —
163 Webster Square Shopping Center Marshfield MA Boston-Cambridge-Newton, MA-NH 2005 182,756 100.0 % 2,700 14.77 Star Market (Albertsons) Marshalls, Ocean State Job Lot, The Paper Store —
164 Berkshire Crossing Pittsfield MA Pittsfield, MA 1994 188,444 99.1 % 3,058 16.38 Market 32 Barnes & Noble, Michaels, Staples, Ulta The Home Depot, Walmart
165 Westgate Plaza Westfield MA Springfield, MA 1996 126,093 97.1 % 1,369 13.73 ALDI Five Below, Ocean State Job Lot, Staples, T.J.Maxx —
166 Perkins Farm Marketplace Worcester MA Worcester, MA-CT 1967 205,048 97.4 % 2,480 19.96 Super Stop & Shop (Ahold Delhaize) Citi Trends, Crunch Fitness, Ollie's Bargain Outlet —
167 South Plaza Shopping Center California MD California-Lexington Park, MD 2005 92,335 100.0 % 1,838 19.91 — Best Buy, Old Navy, Petco, Ross Dress for Less —
168 Campus Village Shoppes College Park MD Washington-Arlington-Alexandria, DC-VA-MD-WV 1986 25,528 86.8 % 824 37.17 — — —
169 Fox Run Prince Frederick MD Washington-Arlington-Alexandria, DC-VA-MD-WV 2022 279,569 97.9 % 4,321 16.26 Giant Food (Ahold Delhaize) Big Lots, Five Below, JOANN, Planet Fitness, Ross Dress for Less, Ulta —
170 Pine Tree Shopping Center Portland ME Portland-South Portland, ME 1958 287,533 95.5 % 1,872 17.62 — Big Lots, Dollar Tree, JOANN, Lowe's, O'Reilly Auto Parts —
171 Arborland Center Ann Arbor MI Ann Arbor, MI 2000 403,536 95.8 % 7,041 18.47 Kroger Bed Bath & Beyond, DSW, Gardner White Furniture, Marshalls, Michaels, Nordstrom Rack, Ulta —
172 Maple Village Ann Arbor MI Ann Arbor, MI 2020 294,029 93.0 % 4,733 17.30 Plum Market Burlington Stores, Dunham's Sports, HomeGoods, LA Fitness, Sierra Trading Post, Ulta —
173 Grand Crossing Brighton MI Detroit-Warren-Dearborn, MI 2005 85,389 97.2 % 1,014 12.22 Busch’s Fresh Food Market Ace Hardware —
174 Farmington Crossroads Farmington MI Detroit-Warren-Dearborn, MI 1986 79,068 98.0 % 854 11.02 — Dollar Tree, Ollie's Bargain Outlet, True Value —
175 Silver Pointe Shopping Center Fenton MI Flint, MI 1996 164,632 100.0 % 2,184 13.36 VG's Food (SpartanNash) Dunham's Sports, Glik's Five Below, Michaels, Old Navy, T.J.Maxx
176 Cascade East Grand Rapids MI Grand Rapids-Kentwood, MI 1983 99,529 88.7 % 758 8.59 D&W Fresh Market (SpartanNash) — —
177 Delta Center Lansing MI Lansing-East Lansing, MI 1985 160,946 63.6 % 1,140 11.14 — Bed Bath & Beyond, DXL Destination XL, Planet Fitness —
178 Lakes Crossing Muskegon MI Muskegon, MI 2008 104,600 96.2 % 1,527 15.18 — JOANN, Party City, Shoe Carnival, Ulta Kohl's
179 Redford Plaza Redford MI Detroit-Warren-Dearborn, MI 1992 304,283 98.2 % 3,237 10.83 Prince Valley Market Burlington Stores, Citi Trends, Dollar Tree, Lincoln Behavioral Services — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 42
--- ---
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) Other Major Tenants Major Tenants
180 Hampton Village Centre Rochester Hills MI Detroit-Warren-Dearborn, MI 2004 470,276 90.8 % 6,472 20.23 TBA DSW, Emagine Theatre, Five Below, Kohl's, Old Navy, Petco, T.J.Maxx, Ulta Target
181 Fashion Corners Saginaw MI Saginaw, MI 2004 184,735 100.0 % 2,042 11.05 — Bed Bath & Beyond, Best Buy, Dunham's Sports, Guitar Center, Harbor Freight Tools —
182 Southfield Plaza Southfield MI Detroit-Warren-Dearborn, MI 1970 101,724 100.0 % 1,274 12.52 — Citi Trends, Party City, Planet Fitness Burlington Stores, Forman Mills
183 18 Ryan Sterling Heights MI Detroit-Warren-Dearborn, MI 1997 101,564 100.0 % 948 9.33 Dream Market O'Reilly Auto Parts —
184 Delco Plaza Sterling Heights MI Detroit-Warren-Dearborn, MI 1996 154,853 100.0 % 1,111 7.17 — Amish Direct Furniture, Bed Bath & Beyond, Dunham's Mega Sports, Urban Air Adventure Park —
185 West Ridge Westland MI Detroit-Warren-Dearborn, MI 1989 162,874 75.8 % 1,427 11.56 — Bed Bath & Beyond, Crunch Fitness, Party City, Petco Burlington Stores, Target
186 Washtenaw Fountain Plaza Ypsilanti MI Ann Arbor, MI 2005 122,762 95.4 % 928 7.93 Save-A-Lot Big Lots, Dollar Tree, Planet Fitness —
187 Southport Centre I - VI Apple Valley MN Minneapolis-St. Paul-Bloomington, MN-WI 1985 124,260 100.0 % 2,429 19.55 SuperTarget* Best Buy, Dollar Tree, Walgreens —
188 Champlin Marketplace Champlin MN Minneapolis-St. Paul-Bloomington, MN-WI 2005 91,970 100.0 % 1,255 13.65 Cub Foods (United Natural Foods Inc.) — —
189 Burning Tree Plaza Duluth MN Duluth, MN-WI 1987 183,105 97.1 % 2,447 13.77 — Best Buy, David's Bridal, HomeGoods, JOANN, T.J.Maxx —
190 Westwind Plaza Minnetonka MN Minneapolis-St. Paul-Bloomington, MN-WI 2007 91,670 95.5 % 1,887 22.48 Cub Foods (United Natural Foods Inc.)* Bethesda Thrift, Goldfish Swim School —
191 Richfield Hub Richfield MN Minneapolis-St. Paul-Bloomington, MN-WI 1952 213,595 66.1 % 1,659 11.75 — Marshalls, Michaels —
192 Roseville Center Roseville MN Minneapolis-St. Paul-Bloomington, MN-WI 2021 82,576 94.2 % 1,042 19.58 ALDI, Cub Foods (Jerry's Foods)* Dollar Tree —
193 Marketplace @ 42 Savage MN Minneapolis-St. Paul-Bloomington, MN-WI 1999 118,693 100.0 % 1,988 16.75 Fresh Thyme Farmers Market Dollar Tree, Marshalls —
194 Sun Ray Shopping Center St. Paul MN Minneapolis-St. Paul-Bloomington, MN-WI 1958 290,897 85.7 % 2,365 12.89 Cub Foods (United Natural Foods Inc.) BioLife Plasma Services, Planet Fitness, T.J.Maxx —
195 White Bear Hills Shopping Center White Bear Lake MN Minneapolis-St. Paul-Bloomington, MN-WI 1996 73,065 100.0 % 1,114 15.25 Festival Foods Dollar Tree —
196 Ellisville Square Ellisville MO St. Louis, MO-IL 1989 137,408 96.5 % 1,695 13.10 ALDI Michaels, Party City, Petco, Tuesday Morning —
197 Watts Mill Plaza Kansas City MO Kansas City, MO-KS 1997 161,717 82.6 % 1,297 9.71 Price Chopper — —
198 Liberty Corners Liberty MO Kansas City, MO-KS 1987 124,808 95.0 % 1,107 9.34 Price Chopper — —
199 Maplewood Square Maplewood MO St. Louis, MO-IL 1998 71,590 95.4 % 469 6.87 Schnucks — —
200 Devonshire Place Cary NC Raleigh-Cary, NC 1996 106,680 100.0 % 1,626 15.57 — Burlington Stores, Dollar Tree, Harbor Freight Tools, REI —
201 McMullen Creek Market Charlotte NC Charlotte-Concord-Gastonia, NC-SC 1988 281,924 94.3 % 4,291 16.15 Walmart Neighborhood Market Burlington Stores, Dollar Tree, PopShelf, Staples —
202 The Commons at Chancellor Park Charlotte NC Charlotte-Concord-Gastonia, NC-SC 1994 348,604 100.0 % 2,174 8.95 Patel Brothers Big Air Trampoline, Big Lots, Gabriel Brothers, The Home Depot, Value City Furniture —
203 Macon Plaza Franklin NC Non-Metro 2001 92,583 75.6 % 503 18.09 Food Lion (Ahold Delhaize) — —
204 Garner Towne Square Garner NC Raleigh-Cary, NC 1997 180,017 94.4 % 2,441 14.36 LIDL Burn Boot Camp, Citi Trends, Harbor Freight Tools, OfficeMax, PetSmart Target, The Home Depot
205 Franklin Square Gastonia NC Charlotte-Concord-Gastonia, NC-SC 1989 317,824 97.4 % 4,015 14.38 Walmart Supercenter* Best Buy, Burke's Outlet, Dollar Tree, Five Below, Michaels, Partners in Primary Care, PopShelf, Ross Dress for Less, Skechers —
206 Wendover Place Greensboro NC Greensboro-High Point, NC 2000 407,244 99.7 % 6,029 14.85 — Burlington Stores, Christmas Tree Shops, Dick's Sporting Goods, Kohl's, Michaels, Old Navy, PetSmart, Rainbow Shops, Ross Dress for Less, Ulta Target
207 University Commons Greenville NC Greenville, NC 1996 233,153 97.6 % 3,266 14.36 Harris Teeter (Kroger) Barnes & Noble, Petco, T.J.Maxx Target
208 Kinston Pointe Kinston NC Kinston, NC 2001 250,580 100.0 % 1,163 4.64 Walmart Supercenter Dollar Tree —
209 Magnolia Plaza Morganton NC Hickory-Lenoir-Morganton, NC 1990 93,553 86.8 % 685 8.44 — Big Lots, Harbor Freight Tools Rural King
210 Roxboro Square Roxboro NC Durham-Chapel Hill, NC 2005 97,226 97.1 % 1,560 16.53 — Person County Health & Human Services —
211 Innes Street Market Salisbury NC Charlotte-Concord-Gastonia, NC-SC 2002 349,425 100.0 % 4,318 12.36 Food Lion (Ahold Delhaize) Lowe's, Marshalls, Old Navy, PetSmart, Staples, Tinseltown —
212 Crossroads Statesville NC Charlotte-Concord-Gastonia, NC-SC 1997 127,926 91.0 % 1,585 13.62 Walmart Supercenter* Big Lots, Burkes Outlet Tractor Supply Co.
213 New Centre Market Wilmington NC Wilmington, NC 1998 143,762 98.9 % 2,125 15.36 — Burlington Stores, PetSmart, PopShelf, Sportsmans Warehouse Target
214 University Commons Wilmington NC Wilmington, NC 2007 235,345 99.3 % 3,798 16.25 Lowes Foods HomeGoods, Sketchers, T.J.Maxx — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 43
--- ---
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) Other Major Tenants Major Tenants
215 Parkway Plaza Winston-Salem NC Winston-Salem, NC 2005 279,630 86.9 % 2,737 12.06 Super Compare Foods Badcock Home Furniture, Citi Trends, Modern Home, Office Depot, O'Reilly Auto Parts —
216 Stratford Commons Winston-Salem NC Winston-Salem, NC 1995 72,308 100.0 % 958 13.25 — Chef Store, Golf Galaxy, Mattress Firm —
217 Bedford Grove Bedford NH Manchester-Nashua, NH 1989 97,602 94.5 % 1,615 17.50 — Bed Bath & Beyond, Boston Interiors —
218 Capitol Shopping Center Concord NH Concord, NH 2001 194,612 97.4 % 2,490 13.88 Market Basket (DeMoulas Supermarkets) Burlington Stores, JOANN, Marshalls —
219 Willow Springs Plaza Nashua NH Manchester-Nashua, NH 1990 131,248 100.0 % 2,538 21.08 Patel Brothers New Hampshire Liquor and Wine Outlet, Petco The Home Depot
220 Seacoast Shopping Center Seabrook NH Boston-Cambridge-Newton, MA-NH 1991 89,634 82.7 % 585 7.89 — JOANN, The Zoo Health Club, Tractor Supply Co. Ashley Furniture, Cardi's Furniture, Ocean State Job Lot
221 Tri-City Plaza Somersworth NH Boston-Cambridge-Newton, MA-NH 1990 151,754 92.4 % 1,527 10.89 Market Basket (DeMoulas Supermarkets) Staples, T.J.Maxx —
222 Laurel Square (3) Brick NJ New York-Newark-Jersey City, NY-NJ-PA 2022 245,984 82.5 % 1,724 8.50 — Ashley Homestore, At Home, Dollar Tree, Planet Fitness, Senior Helpers Town Square —
223 The Shoppes at Cinnaminson Cinnaminson NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2010 301,211 96.0 % 4,651 23.98 ShopRite Burlington Stores, Planet Fitness, Ross Dress For Less —
224 Acme Clark Clark NJ New York-Newark-Jersey City, NY-NJ-PA 2007 52,812 100.0 % 1,465 27.74 Acme (Albertsons) — —
225 Collegetown Shopping Center Glassboro NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2021 231,532 95.4 % 3,264 14.97 LIDL Big Lots, Five Below, LA Fitness, Ross Dress for Less —
226 Hamilton Plaza Hamilton NJ Trenton-Princeton, NJ 1972 149,993 97.3 % 2,098 14.37 Grocery Outlet 2nd Ave, Crab Du Jour, Dollar Tree, Family Dollar, Planet Fitness, Rothman Orthopaedic Institue —
227 Bennetts Mills Plaza Jackson NJ New York-Newark-Jersey City, NY-NJ-PA 2002 127,230 93.4 % 1,539 12.96 Super Stop & Shop (Ahold Delhaize) Pet Supplies Plus —
228 Marlton Crossing Marlton NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2019 337,878 96.5 % 7,375 22.75 Sprouts Farmers Market Burlington Stores, DSW, HomeGoods, Michaels, T.J. Maxx —
229 Middletown Plaza Middletown NJ New York-Newark-Jersey City, NY-NJ-PA 2001 201,781 90.3 % 3,415 19.02 — At Home, Petco —
230 Larchmont Centre Mount Laurel NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1985 103,787 94.9 % 1,284 29.57 ShopRite — —
231 Old Bridge Gateway (3) Old Bridge NJ New York-Newark-Jersey City, NY-NJ-PA 2022 254,548 99.3 % 4,654 18.41 Bhavani Food Market, TBA Marshalls, Pep Boys, Petco, Robert Wood Johnson Fitness —
232 Morris Hills Shopping Center Parsippany NJ New York-Newark-Jersey City, NY-NJ-PA 1994 159,561 100.0 % 2,881 18.06 — Blink Fitness (Equinox), HomeGoods, Marshalls —
233 Rio Grande Plaza Rio Grande NJ Ocean City, NJ 1997 136,822 90.9 % 1,588 12.76 ShopRite* Burlington Stores, PetSmart, Planet Fitness —
234 Ocean Heights Plaza Somers Point NJ Atlantic City-Hammonton, NJ 2006 179,199 91.3 % 3,233 19.76 ShopRite Dollar Tree, Staples —
235 Springfield Place Springfield NJ New York-Newark-Jersey City, NY-NJ-PA 1965 36,209 100.0 % 664 18.34 ShopRite — —
236 Tinton Falls Plaza Tinton Falls NJ New York-Newark-Jersey City, NY-NJ-PA 2006 87,760 95.3 % 1,453 17.38 — Dollar Tree, Jersey Strong Uncle Giuseppe's
237 Cross Keys Commons Turnersville NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1989 216,205 99.2 % 3,702 17.25 Walmart Supercenter* Dollar Tree, Marshalls, Ross Dress for Less, Staples, Ulta —
238 Parkway Plaza Carle Place NY New York-Newark-Jersey City, NY-NJ-PA 1993 89,704 99.1 % 2,905 32.67 ALDI T.J.Maxx —
239 Unity Plaza East Fishkill NY Poughkeepsie-Newburgh-Middletown, NY 2005 67,462 100.0 % 1,424 21.11 Acme (Albertsons) True Value —
240 Suffolk Plaza East Setauket NY New York-Newark-Jersey City, NY-NJ-PA 1998 84,316 92.1 % 1,807 23.86 BJ's Wholesale*, TBA Five Below Kohl's, Walmart
241 Three Village Shopping Center East Setauket NY New York-Newark-Jersey City, NY-NJ-PA 1991 77,458 92.4 % 2,110 29.49 Stop & Shop*, Wild by Nature Market* Ace Hardware Rite Aid
242 Stewart Plaza Garden City NY New York-Newark-Jersey City, NY-NJ-PA 2022 207,893 100.0 % 4,171 20.06 — Burlington Stores, Dollar Tree, Floor & Décor, Phenix Salon Suites —
243 Dalewood I, II & III Shopping Center (3) Hartsdale NY New York-Newark-Jersey City, NY-NJ-PA 2022 196,318 94.5 % 6,809 37.51 H-Mart Christmas Tree Shops, T.J.Maxx, Ulta —
244 Cayuga Mall Ithaca NY Ithaca, NY 1969 204,405 94.5 % 1,982 10.26 ALDI Big Lots, Dollar Tree, JOANN, Planet Fitness, True Value, VA Community Based Outpatient —
245 Kings Park Plaza Kings Park NY New York-Newark-Jersey City, NY-NJ-PA 1985 72,208 100.0 % 1,645 22.78 Key Food Marketplace T.J.Maxx —
246 Village Square Shopping Center Larchmont NY New York-Newark-Jersey City, NY-NJ-PA 1981 17,000 100.0 % 628 36.94 Trader Joe's — —
247 Falcaro's Plaza Lawrence NY New York-Newark-Jersey City, NY-NJ-PA 1972 61,904 100.0 % 1,530 24.72 KolSave Market* Advance Auto Parts, Dollar Tree, Planet Fitness —
248 Mamaroneck Centre Mamaroneck NY New York-Newark-Jersey City, NY-NJ-PA 2020 36,470 100.0 % 1,460 40.03 North Shore Farms CVS —
249 Sunshine Square Medford NY New York-Newark-Jersey City, NY-NJ-PA 2007 223,322 97.6 % 3,340 15.81 Super Stop & Shop (Ahold Delhaize) Lumber Liquidators, Planet Fitness, Savers —
250 Wallkill Plaza Middletown NY Poughkeepsie-Newburgh-Middletown, NY 1986 209,910 100.0 % 2,357 11.57 — Big Lots, Citi Trends, David's Bridal, Hobby Lobby — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 44
--- ---
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) Other Major Tenants Major Tenants
251 Monroe ShopRite Plaza Monroe NY Poughkeepsie-Newburgh-Middletown, NY 1985 122,007 100.0 % 2,029 16.63 ShopRite Better Lifestyle Club, U.S. Post Office —
252 Rockland Plaza Nanuet NY New York-Newark-Jersey City, NY-NJ-PA 2006 262,490 91.0 % 5,859 26.48 A Matter of Health, TBA Barnes & Noble, Marshalls, Quality Furniture & Electronic, Ulta —
253 North Ridge Shopping Center New Rochelle NY New York-Newark-Jersey City, NY-NJ-PA 1971 39,551 93.8 % 1,442 38.86 — Harmon Discount —
254 Nesconset Shopping Center Port Jefferson Station NY New York-Newark-Jersey City, NY-NJ-PA 1961 129,996 92.4 % 3,188 26.54 — Dollar Tree, HomeGoods —
255 Riverhead Riverhead NY New York-Newark-Jersey City, NY-NJ-PA 2018 120,089 100.0 % 3,017 25.12 Costco* HomeSense, Marshalls, Petsmart, Ulta —
256 Roanoke Plaza Riverhead NY New York-Newark-Jersey City, NY-NJ-PA 2002 99,131 100.0 % 2,057 20.75 Fine Fare CVS, T.J.Maxx —
257 Rockville Centre Rockville Centre NY New York-Newark-Jersey City, NY-NJ-PA 1975 44,131 100.0 % 1,284 29.10 — HomeGoods, Rite Aid —
258 College Plaza Selden NY New York-Newark-Jersey City, NY-NJ-PA 2013 188,214 95.8 % 3,347 22.15 ShopRite Wren Kitchens Firestone
259 Campus Plaza Vestal NY Binghamton, NY 2003 160,744 89.2 % 1,887 13.17 — Olum's Furniture & Appliances, Staples —
260 Parkway Plaza Vestal NY Binghamton, NY 1995 207,154 100.0 % 2,317 11.18 — DICK’S Sporting Goods Warehouse Sale, JOANN, Kohl's, PetSmart Target
261 Shoppes at Vestal Vestal NY Binghamton, NY 2000 92,328 93.9 % 1,531 17.67 — HomeGoods, Michaels, Old Navy —
262 Town Square Mall (2) Vestal NY Binghamton, NY 1991 291,346 97.6 % 4,583 16.75 Sam's Club*, Walmart Supercenter* AMC Vestal Town Square 9, Barnes & Noble, Burlington Stores, Dick's Sporting Goods, Dollar Tree, DSW, GameStop, Starbucks, T.J.Maxx, Ulta —
263 The Plaza at Salmon Run Watertown NY Watertown-Fort Drum, NY 1993 68,761 94.1 % 742 11.46 Hannaford Bros. (Ahold Delhaize) Red Robin Gourmet Burger Lowe's, Runnings
264 Highridge Plaza Yonkers NY New York-Newark-Jersey City, NY-NJ-PA 1977 88,501 95.2 % 2,792 33.15 H-Mart — —
265 Brunswick Town Center Brunswick OH Cleveland-Elyria, OH 2004 143,282 96.8 % 2,131 15.94 Giant Eagle — The Home Depot
266 Brentwood Plaza Cincinnati OH Cincinnati, OH-KY-IN 2004 227,738 99.5 % 2,761 18.04 Kroger Ace Hardware, Petco, Planet Fitness, Rainbow Shops —
267 Delhi Shopping Center Cincinnati OH Cincinnati, OH-KY-IN 1973 165,411 99.3 % 1,526 9.29 Kroger Pet Supplies Plus, Salvation Army —
268 Harpers Station Cincinnati OH Cincinnati, OH-KY-IN 1994 253,356 94.2 % 3,707 15.54 Fresh Thyme Farmers Market HomeGoods, LA Fitness, Painted Tree Marketplace, Pet Supplies Plus, T.J.Maxx —
269 Western Hills Plaza Cincinnati OH Cincinnati, OH-KY-IN 2021 240,022 97.3 % 4,894 21.75 — Michaels, Old Navy, PetSmart, Staples, T.J.Maxx, Ulta Target
270 Western Village Cincinnati OH Cincinnati, OH-KY-IN 2005 115,791 98.7 % 1,267 37.66 Kroger — —
271 Crown Point Columbus OH Columbus, OH 1980 144,931 91.3 % 1,378 10.41 Kroger Dollar Tree, Planet Fitness —
272 Greentree Shopping Center Columbus OH Columbus, OH 2005 131,573 89.3 % 1,320 12.06 Kroger — —
273 South Towne Centre Dayton OH Dayton-Kettering, OH 1972 333,998 99.4 % 4,641 14.60 Health Foods Unlimited Burlington Stores, Christmas Tree Shops, JOANN, Party City, Petsmart, Red Robin Gourmet Burger, Value City Furniture —
274 Southland Shopping Center Middleburg Heights OH Cleveland-Elyria, OH 1951 582,492 79.4 % 5,563 12.03 BJ's Wholesale Club*, Giant Eagle, Marc's Cleveland Furniture Bank, JOANN, Marshalls, Office Max, Party City, UFC Gym —
275 The Shoppes at North Olmsted North Olmsted OH Cleveland-Elyria, OH 2002 70,003 100.0 % 1,194 17.06 — Ollie's Bargain Outlet, Sears Outlet —
276 Surrey Square Mall Norwood OH Cincinnati, OH-KY-IN 2010 175,167 81.7 % 2,102 35.72 Kroger — —
277 Miracle Mile Shopping Plaza Toledo OH Toledo, OH 1955 289,105 83.5 % 1,706 12.61 Kroger Big Lots, Crunch Fitness, Harbor Freight Tools —
278 Marketplace Tulsa OK Tulsa, OK 1992 193,276 100.0 % 2,068 10.70 — Basset Home Furnishings, Boot Barn, Conn's, David's Bridal, PetSmart Best Buy
279 Village West Allentown PA Allentown-Bethlehem-Easton, PA-NJ 1999 140,474 91.1 % 2,469 19.29 Giant Food (Ahold Delhaize) CVS, Dollar Tree —
280 Park Hills Plaza Altoona PA Altoona, PA 1985 266,512 87.4 % 2,473 10.72 Weis Markets Burlington Stores, Dunham's Sports, Harbor Freight Tools, Shoe Carnival, Urban Air Adventure Park —
281 Bethel Park Shopping Center Bethel Park PA Pittsburgh, PA 1965 202,349 100.0 % 2,181 12.15 Giant Eagle Pep Boys, Walmart —
282 Lehigh Shopping Center Bethlehem PA Allentown-Bethlehem-Easton, PA-NJ 1955 373,766 97.4 % 4,163 14.38 Giant Food (Ahold Delhaize) Aetna, Big Lots, Citi Trends, Dollar Tree, Mega Marshalls, PetSmart, Rite Aid, Staples, Wines & Spirits Shoppe —
283 Bristol Park Bristol PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1993 260,953 91.6 % 2,392 10.29 — Complete Liquidators, Dollar Tree, Family Dollar, Ollie's Bargain Outlet —
284 Chalfont Village Shopping Center Chalfont PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1989 46,051 59.5 % 315 11.49 — — —
285 New Britain Village Square Chalfont PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1989 143,716 86.2 % 2,390 19.29 Giant Food (Ahold Delhaize) Wine & Spirits Shoppe —
286 Collegeville Shopping Center Collegeville PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2020 110,430 83.4 % 1,611 17.50 Kimberton Whole Foods Pep Boys, Rascal Fitness — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 45
--- ---
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) Other Major Tenants Major Tenants
287 Plymouth Square Shopping Center (3) Conshohocken PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2022 234,810 84.9 % 4,265 21.38 Weis Markets Pet Supplies Plus, Planet Fitness, REI, Rite Aid —
288 Whitemarsh Shopping Center Conshohocken PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2002 76,391 100.0 % 2,178 28.51 Giant Food (Ahold Delhaize) — —
289 Valley Fair Devon PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2001 45,086 62.6 % 577 20.45 — — Hung Vuong
290 Dickson City Crossings (3) Dickson City PA Scranton--Wilkes-Barre, PA 2022 312,699 98.1 % 3,572 18.48 — Burlington Stores, Dollar Tree, Gabe's, JOANN, Party City, PetSmart, Sierra Trading Post, The Home Depot, T.J.Maxx —
291 Barn Plaza Doylestown PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2002 237,681 99.0 % 3,694 15.70 — Kohl's, Marshalls, Regal Cinemas —
292 Pilgrim Gardens Drexel Hill PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1955 75,223 98.0 % 1,365 18.52 — Dollar Tree, Ross Dress for Less, Tuesday Morning, U.S. Post Office —
293 North Penn Market Place Lansdale PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1977 58,358 93.1 % 1,018 20.07 Weis Markets* — —
294 Village at Newtown Newtown PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2021 224,579 91.9 % 7,044 35.55 McCaffrey's Ulta —
295 Ivyridge Philadelphia PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1963 106,348 100.0 % 3,048 28.66 — Dollar Tree, Target, Wine & Spirits Shoppe —
296 Roosevelt Mall Philadelphia PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2020 584,460 97.7 % 9,281 36.41 Sprouts Farmers Market LA Fitness, Macy's, Rainbow Shops, Ross Dress For Less —
297 Shoppes at Valley Forge Phoenixville PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2003 176,676 100.0 % 1,258 7.12 Redner's Warehouse Market Big Lots, Staples —
298 County Line Plaza Souderton PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1971 154,608 95.1 % 1,678 11.41 ALDI Big Lots, Dollar Tree, Planet Fitness, Rite Aid —
299 69th Street Plaza Upper Darby PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1994 41,711 100.0 % 458 10.98 Fresh Grocer (Wakefern)* EZ Bargains, Rent-A-Center, Super Dollar City —
300 Warminster Towne Center Warminster PA Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 1997 237,152 100.0 % 3,866 17.69 ShopRite Harbor Freight Tools, Old Navy, Party City, PetSmart, Ross Dress for Less, Sportsman's Warehouse Kohl's
301 Shops at Prospect West Hempfield PA Lancaster, PA 1994 63,392 91.6 % 764 13.15 Giant Food (Ahold Delhaize) Penn State Health —
302 Whitehall Square Whitehall PA Allentown-Bethlehem-Easton, PA-NJ 2006 315,192 98.9 % 3,292 10.56 Redner's Warehouse Market Dollar Tree, Gabe's, Mavis Discount Tires, PetSmart, Ross Dress for Less, Staples —
303 Wilkes-Barre Township Marketplace Wilkes-Barre PA Scranton--Wilkes-Barre, PA 2004 306,440 99.2 % 2,539 34.60 Walmart Supercenter Chuck E. Cheese's, Cracker Barrel, Party City, Pet Supplies Plus —
304 Belfair Towne Village Bluffton SC Hilton Head Island-Bluffton, SC 2006 166,639 98.0 % 2,777 17.01 Kroger K1 Speed —
305 Milestone Plaza Greenville SC Greenville-Anderson, SC 1995 89,721 100.0 % 1,678 19.83 Lowes Foods — —
306 Circle Center Hilton Head Island SC Hilton Head Island-Bluffton, SC 2000 65,313 100.0 % 931 14.25 — — —
307 Island Plaza James Island SC Charleston-North Charleston, SC 1994 173,524 99.1 % 1,781 10.57 Food Lion (Ahold Delhaize) Dollar Tree, Gold's Gym, Tuesday Morning —
308 Festival Centre North Charleston SC Charleston-North Charleston, SC 1987 325,347 76.1 % 2,330 9.54 — Gold's Gym, New Spring Church, New York Beauty and Fashion, Sears Outlet —
309 Pawleys Island Plaza Pawleys Island SC Georgetown, SC 2015 120,095 96.4 % 1,603 13.84 Publix Petco, T.J.Maxx, Tuesday Morning —
310 Fairview Corners I & II Simpsonville SC Greenville-Anderson, SC 2003 131,002 100.0 % 2,494 19.04 — Ross Dress for Less, T.J.Maxx Target
311 Hillcrest Market Place (3) Spartanburg SC Spartanburg, SC 2022 369,095 94.3 % 4,927 14.71 Publix Five Below, Hobby Lobby, Marshalls, NCG Cinemas, Petco, Ross Dress for Less —
312 Watson Glen Shopping Center Franklin TN Nashville-Davidson--Murfreesboro--Franklin, TN 1988 265,948 99.5 % 3,234 12.22 ALDI At Home, Big Lots, Carbon Athletics, DICK’S Sporting Goods Warehouse Sale —
313 Williamson Square Franklin TN Nashville-Davidson--Murfreesboro--Franklin, TN 1988 331,386 100.0 % 4,315 13.02 — Family Leisure, Goldfish Swim School, Grace Church Nashville, Hobby Lobby, Painted Tree Marketplace, Planet Fitness —
314 Greeneville Commons Greeneville TN Greeneville, TN 2002 224,139 99.3 % 2,044 9.38 — Belk, Burkes Outlet, Five Below, Hobby Lobby, Marshalls, Ross Dress for Less —
315 Kingston Overlook Knoxville TN Knoxville, TN 1996 119,360 100.0 % 1,004 8.41 — Badcock Home Furniture, Painted Tree Marketplace, Urban Air Adventure Park —
316 The Commons at Wolfcreek (2) Memphis TN Memphis, TN-MS-AR 2014 649,252 95.5 % 9,823 16.85 — 2nd & Charles, Academy Sports + Outdoors, Best Buy, Big Lots, Burlington Stores, Dave & Busters, David's Bridal, DSW, Office Depot, Painted Tree Marketplace, PetSmart, T.J.Maxx Target, The Home Depot
317 Georgetown Square Murfreesboro TN Nashville-Davidson--Murfreesboro--Franklin, TN 2003 114,117 93.7 % 1,445 13.51 Kroger Aaron's —
318 Nashboro Village Nashville TN Nashville-Davidson--Murfreesboro--Franklin, TN 1998 86,811 95.2 % 1,046 12.66 Kroger — Walgreens
319 Parmer Crossing Austin TX Austin-Round Rock-Georgetown, TX 1989 170,605 96.7 % 2,180 13.21 Desi Brothers Big Lots, Dollar Tree, Harbor Freight Tools, Mega Furniture, Planet Fitness —
320 Baytown Shopping Center Baytown TX Houston-The Woodlands-Sugar Land, TX 1987 95,941 98.9 % 1,476 15.55 — 24 Hour Fitness —
321 El Camino Bellaire TX Houston-The Woodlands-Sugar Land, TX 2008 71,651 98.5 % 699 9.91 El Ahorro Supermarket Dollar Tree, Family Dollar — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 46
--- ---
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) Other Major Tenants Major Tenants
322 Townshire Bryan TX College Station-Bryan, TX 2002 136,887 88.8 % 954 7.85 — Tops Printing —
323 Central Station College Station TX College Station-Bryan, TX 1976 178,141 98.7 % 3,196 18.61 — Dollar Tree, HomeGoods, Party City, Spec's Liquors Kohl's
324 Rock Prairie Crossing College Station TX College Station-Bryan, TX 2002 118,700 100.0 % 1,475 28.02 Kroger CVS —
325 Carmel Village Corpus Christi TX Corpus Christi, TX 2019 84,667 100.0 % 1,177 13.90 — Crunch Fitness, Dollar Tree, Tuesday Morning —
326 Arboretum Village Dallas TX Dallas-Fort Worth-Arlington, TX 2014 95,354 95.2 % 2,378 26.19 Tom Thumb (Albertsons) Ace Hardware, PetSmart —
327 Claremont Village Dallas TX Dallas-Fort Worth-Arlington, TX 1976 66,980 34.8 % 344 15.21 — Family Dollar —
328 Kessler Plaza Dallas TX Dallas-Fort Worth-Arlington, TX 1975 68,962 98.2 % 765 11.30 — Canales, Family Dollar —
329 Stevens Park Village Dallas TX Dallas-Fort Worth-Arlington, TX 1974 45,492 97.0 % 475 10.76 — Big Lots, O'Reilly Auto Parts —
330 Webb Royal Plaza Dallas TX Dallas-Fort Worth-Arlington, TX 1961 108,545 89.9 % 1,204 12.95 El Rio Grande Latin Market Family Dollar —
331 Wynnewood Village (3) Dallas TX Dallas-Fort Worth-Arlington, TX 2022 464,995 94.6 % 6,666 15.43 El Rancho, Kroger Fallas, Five Below, Kids Empire, LA Fitness, Mi Doctor, Ross Dress for Less, Sketchers —
332 Parktown Deer Park TX Houston-The Woodlands-Sugar Land, TX 1999 118,221 96.4 % 1,119 9.82 Food Town Burkes Outlet, Walgreens —
333 Ridglea Plaza Fort Worth TX Dallas-Fort Worth-Arlington, TX 1990 170,519 91.4 % 1,811 11.62 Tom Thumb (Albertsons) Goody Goody Wine & Spirits —
334 Trinity Commons Fort Worth TX Dallas-Fort Worth-Arlington, TX 1998 197,423 92.4 % 3,829 20.99 Tom Thumb (Albertsons) DSW, Ulta —
335 Preston Ridge Frisco TX Dallas-Fort Worth-Arlington, TX 2018 793,217 92.5 % 16,399 22.34 SuperTarget* Best Buy, Big Lots, Boot Barn, DSW, Macy's Backstage, Marshalls, Nordstrom Rack, Old Navy, PopShelf, Ross Dress for Less, T.J.Maxx —
336 Village Plaza Garland TX Dallas-Fort Worth-Arlington, TX 2002 89,444 100.0 % 1,363 15.32 Truong Nguyen Grocer — —
337 Highland Village Town Center Highland Village TX Dallas-Fort Worth-Arlington, TX 1996 101,874 100.0 % 1,253 12.61 — Painted Tree Marketplace, Planet Fitness —
338 Bay Forest Houston TX Houston-The Woodlands-Sugar Land, TX 2004 71,667 96.5 % 731 10.57 Kroger — —
339 Beltway South Houston TX Houston-The Woodlands-Sugar Land, TX 1998 107,174 97.0 % 1,042 30.78 Kroger — —
340 Braes Heights Houston TX Houston-The Woodlands-Sugar Land, TX 2022 92,179 92.5 % 2,582 30.27 — CVS, I W Marks Jewelers, My Salon Suites —
341 Braesgate Houston TX Houston-The Woodlands-Sugar Land, TX 1997 91,982 96.3 % 702 7.92 Food Town — —
342 Broadway Houston TX Houston-The Woodlands-Sugar Land, TX 2006 74,988 100.0 % 963 13.34 El Ahorro Supermarket Blink Fitness (Equinox), Melrose Fashions —
343 Clear Lake Camino South Houston TX Houston-The Woodlands-Sugar Land, TX 1964 106,058 90.6 % 1,415 15.76 ALDI 24 Hour Fitness, Mr. Gatti's Pizza, Spec's Liquors —
344 Hearthstone Corners Houston TX Houston-The Woodlands-Sugar Land, TX 2019 208,147 95.6 % 2,229 11.21 El Rancho Big Lots, Conn's —
345 Jester Village (3) Houston TX Houston-The Woodlands-Sugar Land, TX 2022 62,665 94.7 % 1,323 22.30 — 24 Hour Fitness —
346 Jones Plaza (3) Houston TX Houston-The Woodlands-Sugar Land, TX 2022 111,206 92.1 % 1,188 11.60 La Michoacana Supermarket Aaron's, Fitness Connection —
347 Jones Square Houston TX Houston-The Woodlands-Sugar Land, TX 1999 169,786 98.9 % 1,579 9.40 — Big Lots, Hobby Lobby, Octapharma —
348 Maplewood Houston TX Houston-The Woodlands-Sugar Land, TX 2004 99,177 100.0 % 1,005 10.13 Foodarama Burke's Outlet, Kids Empire —
349 Merchants Park Houston TX Houston-The Woodlands-Sugar Land, TX 2009 246,451 100.0 % 3,829 15.54 Kroger Big Lots, Petco, Planet Fitness, Ross Dress for Less, Tuesday Morning —
350 Northgate Houston TX Houston-The Woodlands-Sugar Land, TX 1972 38,724 100.0 % 549 14.18 El Rancho* Firestone, TitleMax, WSS —
351 Northshore Houston TX Houston-The Woodlands-Sugar Land, TX 2001 223,954 91.7 % 2,989 14.80 Sellers Bros. Conn's, Dollar Tree, Oak Street Health, Office Depot —
352 Northtown Plaza Houston TX Houston-The Woodlands-Sugar Land, TX 1960 190,666 91.8 % 2,471 14.32 El Rancho 99 Cents Only, Crazy Boss Big Discount Store, dd's Discounts (Ross) —
353 Orange Grove Houston TX Houston-The Woodlands-Sugar Land, TX 2005 184,664 100.0 % 2,237 12.63 — 24 Hour Fitness, Burlington Stores, Floor & Décor, WSS —
354 Royal Oaks Village Houston TX Houston-The Woodlands-Sugar Land, TX 2001 146,279 95.7 % 3,414 24.40 H-E-B — —
355 Tanglewilde Center Houston TX Houston-The Woodlands-Sugar Land, TX 1998 83,343 97.9 % 1,335 16.51 ALDI Dollar Tree, Party City, Salon In The Park —
356 West U Marketplace Houston TX Houston-The Woodlands-Sugar Land, TX 2000 60,136 100.0 % 1,570 26.11 Whole Foods Market — —
357 Westheimer Commons Houston TX Houston-The Woodlands-Sugar Land, TX 1984 245,714 96.3 % 2,386 10.08 Fiesta Mart King Dollar, Marshalls, Sanitas Medical Center —
358 Crossroads Centre - Pasadena Pasadena TX Houston-The Woodlands-Sugar Land, TX 1997 146,567 96.4 % 2,102 15.87 Kroger LA Fitness —
359 Spencer Square Pasadena TX Houston-The Woodlands-Sugar Land, TX 1998 186,732 85.4 % 1,809 11.72 Kroger Burkes Outlet —
360 Pearland Plaza Pearland TX Houston-The Woodlands-Sugar Land, TX 1995 156,491 95.9 % 1,386 9.23 Kroger American Freight Furniture, Harbor Freight Tools, Walgreens — Supplemental Disclosure - Three Months Ended September 30, 2022 Page 47
--- ---
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) Other Major Tenants Major Tenants
361 Market Plaza Plano TX Dallas-Fort Worth-Arlington, TX 2002 142,058 93.6 % 2,900 22.76 Central Market (H-E-B) — —
362 Preston Park Village (3) Plano TX Dallas-Fort Worth-Arlington, TX 2022 256,554 84.3 % 5,523 25.54 — Gap Factory Store, HomeGoods, Petco —
363 Keegan's Meadow Stafford TX Houston-The Woodlands-Sugar Land, TX 1999 125,293 96.0 % 1,414 12.11 El Rancho Family Dollar —
364 Lake Pointe Village Sugar Land TX Houston-The Woodlands-Sugar Land, TX 2010 162,263 87.7 % 4,089 28.73 Whole Foods Market — —
365 Texas City Bay Texas City TX Houston-The Woodlands-Sugar Land, TX 2005 224,922 92.5 % 2,166 10.52 Kroger Conn's, Harbor Freight Tools, Planet Fitness —
366 Windvale Center The Woodlands TX Houston-The Woodlands-Sugar Land, TX 2002 100,688 31.1 % 789 25.22 — — —
367 Culpeper Town Square Culpeper VA Washington-Arlington-Alexandria, DC-VA-MD-WV 1999 132,882 74.3 % 939 9.51 — Ollie's Bargain Outlet, Tractor Supply Co. —
368 Hanover Square Mechanicsville VA Richmond, VA 1991 141,620 91.3 % 2,076 16.05 — Gold's Gym, Hobby Lobby Kohl's
369 Tuckernuck Square Richmond VA Richmond, VA 1981 88,220 94.0 % 1,458 17.58 — 2nd & Charles, Chuck E. Cheese's —
370 Cave Spring Corners Roanoke VA Roanoke, VA 2005 147,133 95.6 % 1,194 14.59 Kroger Hamrick's —
371 Hunting Hills Roanoke VA Roanoke, VA 1989 166,207 97.1 % 1,439 8.92 — Dollar Tree, Kohl's, PetSmart —
372 Hilltop Plaza Virginia Beach VA Virginia Beach-Norfolk-Newport News, VA-NC 2010 150,300 97.7 % 3,196 21.98 Trader Joe's JOANN, PetSmart, Ulta —
373 Rutland Plaza Rutland VT Rutland, VT 1997 223,314 90.0 % 1,933 9.62 Price Chopper Dollar Tree, T.J.Maxx, Walmart —
374 Spring Mall Greenfield WI Milwaukee-Waukesha, WI 2003 45,920 31.3 % 144 10.01 — — Walgreens
375 Mequon Pavilions Mequon WI Milwaukee-Waukesha, WI 1967 219,230 89.0 % 3,328 17.06 Sendik's Food Market Bed Bath & Beyond, Marshalls —
376 Moorland Square Shopping Ctr New Berlin WI Milwaukee-Waukesha, WI 1990 98,303 100.0 % 1,030 10.48 Pick 'n Save (Kroger) — —
377 Paradise Pavilion West Bend WI Milwaukee-Waukesha, WI 2000 203,621 96.0 % 1,487 7.61 — Hobby Lobby, Kohl's —
378 Grand Central Plaza Parkersburg WV Parkersburg-Vienna, WV 1986 75,344 90.7 % 826 12.09 — O'Reilly Auto Parts, Sportsman's Warehouse —
TOTAL PORTFOLIO 66,851,369 93.3 % $ 940,869 $ 16.02
(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.
Supplemental Disclosure - Three Months Ended September 30, 2022 Page 48
--- ---

Report a Problem

Category
Description
Email (optional, for follow-up)