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EX-99.1 - EX-99.1 - Brixmor Property Group Inc.brx-20201104ex991.htm
8-K - 8-K - Brixmor Property Group Inc.brx-20201104.htm
Exhibit 99.2


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>SUPPLEMENTAL DISCLOSURE
Three Months Ended September 30, 2020





TABLE OF CONTENTS
Page
Note: Financial and operational information is unaudited.
For additional information, please visit 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/brixmorpopupshop and on Youtube at https://www.youtube.com/user/Brixmor, and find Brixmor on LinkedIn at 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,” “approximately,” “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, 2019 and the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, 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. Currently, one of the most significant factors that could cause actual outcomes to differ materially from forward-looking statements is the adverse effect of the current pandemic of the novel coronavirus, or COVID-19, on the financial condition, operating results and cash flows of the Company, the Company’s tenants, the real estate market, the global economy and the financial markets. The extent to which the COVID-19 pandemic continues to impact the Company and its tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the speed and effectiveness of vaccine and treatment developments, the direct and indirect economic effects of the pandemic and containment measures, and potential changes in consumer behavior, among others. 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, 2020
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GLOSSARY OF TERMS
Term
Definition
Anchor Spaces
Spaces equal to or greater than 10,000 square feet ("SF") of GLA.
Anchor Space Repositioning
Anchor leasing that is primarily focused on reconfiguring or significantly remerchandising existing space with minimal work required outside of normal tenant improvement and landlord costs.
Annualized Base Rent ("ABR")
Contractual monthly base rent as of a specified date, under leases which 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 generally accepted accounting principles in the United States of America (“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.
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.
A reconciliation of net income to each of these measures is provided on page 7.
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 above- and below-market leases and tenant inducements, net and (iii) straight-line ground rent expense. EBITDA, EBITDAre, Adjusted EBITDA and Cash Adjusted EBITDA are calculated after adjustments for unconsolidated joint ventures calculated to reflect each measure on the same basis.
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.
LIBOR
London Interbank Offered Rate.
Metropolitan Statistical Area ("MSA")
Defined by the United States Office of Management and Budget 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.
NAREIT
National Association of Real Estate Investment Trusts.
NAREIT Funds From Operations (“FFO")
A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures.
A reconciliation of net income to NAREIT FFO is provided on page 8.
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.
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. 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.
A reconciliation of NOI to net income is provided on page 10.
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 above-and below-market leases and tenant inducements, net and (v) straight-line ground rent expense.
New Development
Refers to ground up development of new shopping centers. Does not refer to outparcel development.
New Development & Redevelopment StabilizationNew Development and Redevelopment projects are deemed stabilized upon reaching approximately 90% billed occupancy of the impacted space. New Development and Redevelopment projects are included in the operating portfolio upon the earlier of (i) reaching approximately 90% 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 incremental third party costs of a specified project, net of any project specific credits (i.e. lease termination fees or other ancillary credits).
Non-owned Major TenantsAlso known as shadow anchors. Represents tenants that are situated on parcels which 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 freestanding building, separate from the main retail buildings and generally located on the outer edge of a property. May also refer to the demolition of an existing outparcel building to accommodate the construction of a new building.
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.
RedevelopmentLarger scale projects that typically involve new construction, reconfiguration, significant remerchandising and upgrades or demolition of a portion of the shopping center to accommodate new retailers.
Reinvestment ProjectsRepresents 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 and new leases signed on first generation space are 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 are 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.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 1
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GLOSSARY OF TERMS
Term
Definition
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 13. Represents NOI of properties owned for the entirety of both periods and excluding properties under development and completed New Development properties which 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
Ended 9/30/20
Nine Months
Ended 9/30/20
Total properties in Brixmor Property Group portfolio
395395
Acquired properties excluded from Same Property NOI
(2)
Additional exclusions
(3)(4)
Same Property NOI pool
392389
In addition, two outparcels acquired in 2020 are excluded from the Same Property NOI pool for the three months ended September 30, 2020 and 2019, and three outparcels acquired in 2020 and 2019 are excluded from the Same Property NOI pool for the nine months ended September 30, 2020 and 2019. The balance of the shopping centers where those outparcels exist are included in the Same Property NOI pool. Additional exclusions for the three months ended September 30, 2020 and 2019 include three properties that were subject to partial dispositions in 2020 and 2019. Additional exclusions for the nine months ended September 30, 2020 and 2019 include four properties that were subject to partial dispositions in 2020 and 2019.
Small Shop Spaces
Spaces less than 10,000 SF of GLA.
Straight-line Rent
Non-cash revenue related to GAAP requirement to average a tenant's contractual base rent over the life of the lease. The cumulative difference between rental revenue recognized and contractual payment terms is recognized as deferred rent and included in Receivables, net. 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.
COVID-19
The Company expects the economic impact of the novel strain of coronavirus (“COVID-19”) to continue to adversely impact operating results for 2020 and 2021. Portfolio data presented in the Supplemental Disclosure for the quarter ended September 30, 2020 reflects the contractual obligations of tenants. Due to COVID-19, there is inherent uncertainty as it relates to the Company’s reinvestment projects, specifically with respect to expected project scopes, expected stabilization dates and expected NOI yields. For additional information refer to Form 10-Q, filed with the Securities and Exchange Commission (“SEC”) on November 4, 2020.
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
  • 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 above- and below-market leases and tenant inducements, net, and straight-line ground rent expense, 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 property 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). The Company believes 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 period 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, 2020
Page 2
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RESULTS OVERVIEW & GUIDANCE
Unaudited, dollars in thousands, except per share and per square foot amounts
Three Months Ended
Nine Months Ended
Summary Financial Results
9/30/209/30/199/30/209/30/19
Total revenues (page 6)$ 253,935$ 292,965$ 783,856$ 875,109
Net income (page 6)27,94480,85496,769212,714
Net income per diluted share (page 6)0.090.270.320.71
NOI (page 10)185,351208,859574,082622,714
Adjusted EBITDA (page 7)164,274195,282509,959581,326
Cash Adjusted EBITDA (page 7)164,002184,860511,795551,978
NAREIT FFO (page 8)106,555145,272338,131430,803
NAREIT FFO per diluted share (page 8)0.360.491.141.44
Items that impact FFO comparability, net per share (page 8)(0.02)(0.00)(0.06)(0.01)
Dividends declared per share (page 8)0.2800.2850.840
Dividend payout ratio (as % of NAREIT FFO) (page 8)0.0 %57.4 %25.0 %58.1 %
Three Months Ended
Summary Operating and Financial Ratios9/30/206/30/203/31/2012/31/199/30/19
NOI margin (page 10)73.5 %73.1 %73.8 %73.4 %74.0 %
Same property NOI growth (page 13) (1)(9.3)%(9.0)%3.0 %5.1 %4.4 %
Fixed charge coverage, current quarter annualized (page 15)3.2x3.2x4.0x4.1x4.1x
Fixed charge coverage, trailing twelve months (page 15)3.6x3.8x4.0x4.1x4.0x
Net principal debt to Adjusted EBITDA, current quarter annualized (page 15) (2)7.4x7.9x6.6x6.3x6.2x
Net principal debt to Adjusted EBITDA, trailing twelve months (page 15) (2)6.9x6.8x6.4x6.3x6.2x
Outstanding Classes of Stock
As of 9/30/20As of 6/30/20As of 3/31/20As of 12/31/19As of 9/30/19
Common shares outstanding (page 15)296,482296,481296,449297,857297,846
Summary Portfolio Statistics (3)As of 9/30/20As of 6/30/20As of 3/31/20As of 12/31/19As of 9/30/19
Number of properties (page 28)395398400403409
Percent billed (page 28)88.0 %88.9 %89.1 %89.3 %88.6 %
Percent leased (page 28)91.2 %92.1 %92.2 %92.4 %91.9 %
ABR PSF (page 28)$ 14.86$ 14.83$ 14.80$ 14.74$ 14.59
New lease rent spread (page 32)14.1 %19.4 %23.7 %33.3 %30.5 %
New & renewal lease rent spread (page 32)5.7 %5.9 %10.2 %12.9 %13.3 %
Total - new, renewal & option lease rent spread (page 32)6.1 %6.5 %9.3 %10.9 %11.1 %
Total - new, renewal & option GLA (page 32)3,155,4331,841,5192,347,3152,681,7483,623,347
2020 GuidanceCurrentPrevious
(at 8/3/20)
YTD
NAREIT FFO per diluted shareWithdrawnWithdrawn$1.14 
Same property NOI growthWithdrawnWithdrawn(5.1)%
(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) Reflects portfolio statistics as reported for the specified period.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 3
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>FINANCIAL SUMMARY
Supplemental Disclosure
Three Months Ended September 30, 2020





CONSOLIDATED BALANCE SHEETS
Unaudited, dollars in thousands, except share information
As of
As of
9/30/2012/31/19
Assets
Real estate
Land$1,754,708 $1,767,029 
Buildings and tenant improvements7,704,825 7,593,444 
Construction in progress148,408 148,163 
Lease intangibles579,361 614,964 
10,187,302 10,123,600 
Accumulated depreciation and amortization(2,623,144)(2,481,250)
Real estate, net7,564,158 7,642,350 
Cash and cash equivalents609,812 19,097 
Restricted cash1,408 2,426 
Marketable securities19,987 18,054 
Receivables, net246,295 234,246 
Deferred charges and prepaid expenses, net146,911 143,973 
Real estate assets held for sale— 22,171 
Other assets51,590 60,179 
Total assets$8,640,161 $8,142,496 
Liabilities
Debt obligations, net$5,481,660 $4,861,185 
Accounts payable, accrued expenses and other liabilities444,610 537,454 
Total liabilities5,926,270 5,398,639 
Equity
Common stock, $0.01 par value; authorized 3,000,000,000 shares;
305,609,203 and 305,334,144 shares issued and 296,482,211 and 297,857,267
shares outstanding2,965 2,979 
Additional paid-in capital3,210,579 3,230,625 
Accumulated other comprehensive loss(31,197)(9,543)
Distributions in excess of net income(468,456)(480,204)
Total equity2,713,891 2,743,857 
Total liabilities and equity$8,640,161 $8,142,496 



Supplemental Disclosure - Three Months Ended September 30, 2020
Page 5
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CONSOLIDATED STATEMENTS OF OPERATIONS
Unaudited, dollars in thousands, except per share amounts
Three Months EndedNine Months Ended
9/30/209/30/199/30/209/30/19
Revenues
Rental income$253,799 $292,732 $781,635 $873,424 
Other revenues136 233 2,221 1,685 
Total revenues253,935 292,965 783,856 875,109 
Operating expenses
Operating costs24,794 29,573 80,286 90,138 
Real estate taxes42,124 43,688 126,796 130,203 
Depreciation and amortization87,488 82,837 251,334 249,825 
Impairment of real estate assets5,746 8,170 16,306 17,468 
General and administrative27,748 24,550 74,781 75,168 
Total operating expenses187,900 188,818 549,503 562,802 
Other income (expense)
Dividends and interest109 128 335 575 
Interest expense(50,991)(47,698)(148,197)(142,839)
Gain on sale of real estate assets13,621 25,621 23,218 46,266 
Loss on extinguishment of debt, net(50)(943)(10,441)(1,620)
Other (780)(401)(2,499)(1,975)
Total other expense(38,091)(23,293)(137,584)(99,593)
Net income$27,944 $80,854 $96,769 $212,714 
Net income per common share:
Basic $0.09 $0.27 $0.32 $0.71 
Diluted $0.09 $0.27 $0.32 $0.71 
Weighted average shares:
Basic 296,562 298,031 296,982 298,257 
Diluted 296,862 298,879 297,317 298,927 

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 6
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EBITDA
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/209/30/199/30/209/30/19
Net income$27,944 $80,854 $96,769 $212,714 
Interest expense50,991 47,698 148,197 142,839 
Federal and state taxes678 256 2,147 1,842 
Depreciation and amortization87,488 82,837 251,334 249,825 
EBITDA167,101 211,645 498,447 607,220 
Gain on sale of real estate assets(13,621)(25,621)(23,218)(46,266)
Impairment of real estate assets5,746 8,170 16,306 17,468 
EBITDAre$159,226 $194,194 $491,535 $578,422 
EBITDAre$159,226 $194,194 $491,535 $578,422 
Loss on extinguishment of debt, net50 943 10,441 1,620 
Litigation and other non-routine legal expenses4,835 87 7,395 1,157 
Transaction expenses163 58 588 127 
Total adjustments5,048 1,088 18,424 2,904 
Adjusted EBITDA$164,274 $195,282 $509,959 $581,326 
Adjusted EBITDA$164,274 $195,282 $509,959 $581,326 
Straight-line rental income, net (1)2,974 (6,831)11,533 (18,051)
Accretion of above- and below-market leases and tenant inducements, net(3,281)(3,622)(9,802)(11,391)
Straight-line ground rent expense (2)35 31 105 94 
Total adjustments (272)(10,422)1,836 (29,348)
Cash Adjusted EBITDA$164,002 $184,860 $511,795 $551,978 
(1) Includes straight-line rental income reversals of $11.3 million and $30.7 million for the three and nine months ended September 30, 2020, respectively.
(2) Straight-line ground rent expense is included in Operating costs on the Consolidated Statements of Operations.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 7
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FUNDS FROM OPERATIONS (FFO)
Unaudited, dollars in thousands, except per share amounts
Three Months EndedNine Months Ended
9/30/209/30/199/30/209/30/19
Net income$27,944 $80,854 $96,769 $212,714 
Depreciation and amortization related to real estate86,486 81,869 248,274 246,887 
Gain on sale of real estate assets(13,621)(25,621)(23,218)(46,266)
Impairment of real estate assets5,746 8,170 16,306 17,468 
NAREIT FFO$106,555 $145,272 $338,131 $430,803 
NAREIT FFO per diluted share$0.36 $0.49 $1.14 $1.44 
Weighted average diluted shares outstanding296,862 298,879 297,317 298,927 
Items that impact FFO comparability
Loss on extinguishment of debt, net$(50)$(943)$(10,441)$(1,620)
Litigation and other non-routine legal expenses(4,835)(87)(7,395)(1,157)
Transaction expenses(163)(58)(588)(127)
Total items that impact FFO comparability$(5,048)$(1,088)$(18,424)$(2,904)
Items that impact FFO comparability, net per share$(0.02)$(0.00)$(0.06)$(0.01)
Additional Disclosures
Straight-line rental income, net (1)$(2,974)$6,831 $(11,533)$18,051 
Accretion of above- and below-market leases and tenant inducements, net3,281 3,622 9,802 11,391 
Straight-line ground rent expense (2)(35)(31)(105)(94)
Dividends declared per share$— $0.280 $0.285 $0.840 
Dividends declared$— $83,397 $84,488 $250,230 
Dividend payout ratio (as % of NAREIT FFO) — %57.4 %25.0 %58.1 %
(1) Includes straight-line rental income reversals of $11.3 million and $30.7 million for the three and nine months ended September 30, 2020, respectively.
(2) Straight-line ground rent expense is included in Operating costs on the Consolidated Statements of Operations.

Supplemental Disclosure - Three Months Ended September 30, 2020
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SUPPLEMENTAL BALANCE SHEET DETAIL
Unaudited, dollars in thousands
As ofAs of
9/30/2012/31/19
Receivables, net
Straight-line rent receivable, net$128,501 $140,205 
Tenant receivables, net112,855 84,389 
Other 4,939 9,652 
Total receivables, net$246,295 $234,246 
Deferred charges and prepaid expenses, net
Deferred charges, net$118,762 $124,804 
Prepaid expenses, net28,149 19,169 
Total deferred charges and prepaid expenses, net $146,911 $143,973 
Other assets
Right-of-use asset$35,318 $39,860 
Furniture, fixtures and leasehold improvements, net10,628 12,509 
Interest rate swaps— 3,795 
Other 5,644 4,015 
Total other assets$51,590 $60,179 
Accounts payable, accrued expenses and other liabilities
Accounts payable and other accrued expenses $241,735 $248,214 
Below market leases, net90,953 105,034 
Lease liability39,920 44,707 
Interest rate swaps31,439 13,449 
Dividends payable1,829 87,205 
Real estate liabilities held for sale— 415 
Other 38,734 38,430 
Total accounts payable, accrued expenses and other liabilities$444,610 $537,454 

Supplemental Disclosure - Three Months Ended September 30, 2020
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NOI & SUPPLEMENTAL STATEMENT OF OPERATIONS DETAIL
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/209/30/199/30/209/30/19
Net Operating Income Detail
Base rent$207,458 $213,942 $631,531 $637,391 
Expense reimbursements61,322 64,368 187,087 191,997 
Revenues deemed uncollectible(21,462)(2,217)(55,462)(7,208)
Ancillary and other rental income / Other revenues4,275 4,891 14,258 14,744 
Percentage rents 641 1,105 3,645 6,037 
Operating costs(24,759)(29,542)(80,181)(90,044)
Real estate taxes(42,124)(43,688)(126,796)(130,203)
Net operating income $185,351 $208,859 $574,082 $622,714 
Operating Ratios
NOI margin (NOI / revenues)73.5 %74.0 %73.5 %73.9 %
Expense recovery ratio (expense reimbursements / (operating costs + real estate taxes))91.7 %87.9 %90.4 %87.2 %
Reconciliation of Net Operating Income to Net Income
Net operating income $185,351 $208,859 $574,082 $622,714 
Lease termination fees1,394 423 4,528 2,706 
Straight-line rental income, net (1)(2,974)6,831 (11,533)18,051 
Accretion of above- and below-market leases and tenant inducements, net3,281 3,622 9,802 11,391 
Straight-line ground rent expense (2)(35)(31)(105)(94)
Depreciation and amortization(87,488)(82,837)(251,334)(249,825)
Impairment of real estate assets(5,746)(8,170)(16,306)(17,468)
General and administrative(27,748)(24,550)(74,781)(75,168)
Total other expense(38,091)(23,293)(137,584)(99,593)
Net income$27,944 $80,854 $96,769 $212,714 
Supplemental Statement of Operations Detail
Rental income
Base rent$207,458 $213,942 $631,531 $637,391 
Expense reimbursements61,322 64,368 187,087 191,997 
Revenues deemed uncollectible(21,462)(2,217)(55,462)(7,208)
Lease termination fees1,394 423 4,528 2,706 
Straight-line rental income, net (1)(2,974)6,831 (11,533)18,051 
Accretion of above- and below-market leases and tenant inducements, net3,281 3,622 9,802 11,391 
Ancillary and other rental income4,139 4,658 12,037 13,059 
Percentage rents 641 1,105 3,645 6,037 
Total rental income$253,799 $292,732 $781,635 $873,424 
Other revenues$136 $233 $2,221 $1,685 
Interest expense
Mortgage, note and other interest$44,324 $38,611 $125,386 $106,970 
Unsecured credit facility and term loan interest6,172 8,231 21,018 31,918 
Capitalized interest (1,156)(997)(3,333)(2,401)
Deferred financing cost amortization1,931 1,748 5,550 5,299 
Debt premium / discount amortization, net(280)105 (424)1,053 
Total interest expense$50,991 $47,698 $148,197 $142,839 
Other
Federal and state taxes$678 $256 $2,147 $1,842 
Other102 145 352 133 
Total other$780 $401 $2,499 $1,975 
Additional General and Administrative Disclosures
Capitalized construction compensation costs$3,755 $3,771 $10,873 $10,681 
Capitalized leasing legal costs (3)141 — 215 — 
Capitalized leasing commission costs1,432 1,578 4,040 4,532 
Equity based compensation, net3,200 3,236 7,807 8,847 
(1) Includes straight-line rental income reversals of $11.3 million and $30.7 million for the three and nine months ended September 30, 2020, respectively.
(2) Straight-line ground rent expense 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.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 10
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SUPPLEMENTAL COVID-19 DISCLOSURE
Unaudited, dollars in thousands

Three Months Ended 6/30/20Three Months Ended 9/30/20Six Months Ended 9/30/20
Total
Portfolio (5)
Percent of
Billed Base
Rent
Total
Portfolio (5)
Percent of
Billed Base
Rent
Total
Portfolio (5)
Percent of
Billed Base
Rent
Billed base rent (1)$212,213 100.0 %$211,305 100.0 %$423,518 100.0 %
Rent deferrals, net (lease modifications) and rent abatements (2)(3)(987)(0.5)%(3,847)(1.8)%(4,834)(1.1)%
Base rent (Page 10)211,226 99.5 %207,458 98.2 %418,684 98.9 %
Out-of-period rent deferrals, net (lease modifications) and rent abatements (2)(3)(2,378)(1.1)%2,378 1.1 %— — %
Base rent adjusted for out-of-period rent deferrals, net (lease modifications) and rent
abatements
208,848 98.4 %209,836 99.3 %418,684 98.9 %
Cash collected from tenants (2)(155,296)(73.2)%(184,409)(87.3)%(353,038)(83.4)%
Out-of-period cash collected from tenants (2)(13,333)(6.3)%— — %— — %
Accrued but uncollected base rent40,219 19.0 %25,427 12.0 %65,646 15.5 %
Rent deferrals, net (not lease modifications) (4)(12,609)(5.9)%(7,661)(3.6)%(27,001)(6.4)%
Out-of-period rent deferrals, net (not lease modifications) (4)(6,731)(3.2)%— — %— — %
Accrued but uncollected and unaddressed (under negotiation) base rent$20,879 9.8 %$17,766 8.4 %$38,645 9.1 %
Revenues deemed uncollectible - rent deferrals (not lease modifications) before
out-of-period adjustments
$(2,778)$(2,074)$(10,099)
Out-of-period cash collected on revenues deemed uncollectible308 — — 
Out-of-period additional reserve(2,116)— — 
Out-of-period deferrals on previously reserved amounts(3,439)— — 
Revenues deemed uncollectible - rent deferrals (not lease modifications) adjusted for out-of-period activity(8,025)(2,074)(10,099)
Revenues deemed uncollectible - accrued but uncollected and unaddressed
(under negotiation) rent before out-of-period adjustments
(19,185)(12,828)$(28,778)
Out-of-period cash collected on revenues deemed uncollectible3,059 — — 
Out-of-period additional reserve(3,263)— — 
Out-of-period deferrals on previously reserved amounts3,439 — — 
Revenues deemed uncollectible - accrued but uncollected and unaddressed
(under negotiation) rent adjusted for out-of-period activity
(15,950)(12,828)(28,778)
Revenues deemed uncollectible - base rent$(23,975)$(14,902)$(38,877)
Revenues deemed uncollectible - base rent (cash basis tenants)$(21,894)$(14,902)$(36,796)
(1) Amounts presented represent three months ended June 30, 2020 and September 30, 2020 base rent billings, respectively.
(2) Amounts are as of September 30, 2020 and do not reflect rent deferral or abatement agreements executed, or cash collected subsequent to, September 30, 2020.
(3) The Company accounts for COVID-19 rent deferrals and abatements that significantly increase the consideration due under the lease as lease modifications in accordance with ASC 842. As a result, rental revenue recognition is reduced by the amount of the deferral or abatement in the period it was granted and straight-line rental income recognition is updated over the remaining lease term. The Company does not account for COVID-19 rent abatements that do not significantly increase the consideration due under the lease as lease modifications. As a result, rental revenue recognition is reduced by the amount of the abatement in the period it was granted.
(4) The Company does not account for COVID-19 rent deferrals that do not significantly increase the consideration due under the lease as lease modifications. As a result, rental revenue recognition does not change, and Receivables, net increases for the deferred amount.
(5) The Company did not observe significant differences in billed based rent collection percentages between the Same Property pool and the Total Portfolio through September 30, 2020.





















Supplemental Disclosure - Three Months Ended September 30, 2020
Page 11
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SUPPLEMENTAL COVID-19 DISCLOSURE
Unaudited, dollars in thousands



charts1.jpg

Supplemental Reserve Information (1)Three Months Ended 6/30/20Three Months Ended 9/30/20Six Months Ended 9/30/20
Reserves on uncollected base rent
Accrued but uncollected base rent$40,219 $25,427 $65,646 
Revenues deemed uncollectible - base rent23,975 59.6 %14,902 58.6 %38,877 59.2 %
Reserves on uncollected and unaddressed (under negotiation) base rent
Accrued but uncollected and unaddressed (under negotiation) base rent$20,879 $17,766 $38,645 
Revenues deemed uncollectible - accrued but uncollected and unaddressed (under negotiation) rent adjusted for out-of-period activity15,950 76.4 %12,828 72.2 %28,778 74.5 %
Reserves on deferred base rent
Rent deferrals, net (not lease modifications) adjusted for out-of-period activity$19,340 $7,661 $27,001 
Revenues deemed uncollectible - rent deferrals (not lease modifications) adjusted for out-of-period activity8,025 41.5 %2,074 27.1 %10,099 37.4 %
(1) Amounts are as of September 30, 2020 and do not reflect rent deferral or abatement agreements executed, or cash collected subsequent to, September 30, 2020.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 12
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SAME PROPERTY NOI ANALYSIS
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/209/30/19Change9/30/209/30/19Change
Same Property NOI Analysis
Number of properties392 392 — 389 389 — 
Percent billed88.2 %88.8 %(0.6)%88.3 %89.0 %(0.7)%
Percent leased91.4 %92.2 %(0.8)%91.6 %92.5 %(0.9)%
Revenues
Base rent$204,658 $205,213 $617,527 $604,201 
Expense reimbursements60,540 61,941 182,606 182,589 
Revenues deemed uncollectible(20,890)(2,096)(53,484)(6,797)
Ancillary and other rental income / Other revenues4,230 4,565 14,014 13,647 
Percentage rents641 1,053 3,596 5,949 
249,179 270,676 (7.9)%764,259 799,589 (4.4)%
Operating expenses
Operating costs(25,701)(27,929)(79,288)(84,546)
Real estate taxes(41,493)(42,018)(123,350)(123,517)
(67,194)(69,947)(3.9)%(202,638)(208,063)(2.6)%
Same property NOI $181,985 $200,729 (9.3)%$561,621 $591,526 (5.1)%
NOI margin73.0 %74.2 %73.5 %74.0 %
Expense recovery ratio90.1 %88.6 %90.1 %87.8 %
Percent Contribution to Same Property NOI Growth:
ChangePercent ContributionChangePercent Contribution
Base rent - excluding COVID-19 rent deferrals (lease modifications) and rent
abatements
$3,275 1.6 %$18,059 3.1 %
Base rent - COVID-19 rent deferrals (lease modifications) and rent
abatements
(3,830)(1.9)%(4,733)(0.8)%
Revenues deemed uncollectible(18,794)(9.3)%(46,687)(8.0)%
Net recoveries1,352 0.7 %5,442 0.9 %
Ancillary and other rental income / Other revenues(335)(0.2)%367 0.1 %
Percentage rents(412)(0.2)%(2,353)(0.4)%
(9.3)%(5.1)%
Reconciliation of Net Income to Same Property NOI
Same property NOI$181,985 $200,729 $561,621 $591,526 
Adjustments:
Non-same property NOI3,366 8,130 12,461 31,188 
Lease termination fees1,394 423 4,528 2,706 
Straight-line rental income, net(2,974)6,831 (11,533)18,051 
Accretion of above- and below-market leases and tenant inducements, net3,281 3,622 9,802 11,391 
Straight-line ground rent expense(35)(31)(105)(94)
Depreciation and amortization(87,488)(82,837)(251,334)(249,825)
Impairment of real estate assets(5,746)(8,170)(16,306)(17,468)
General and administrative(27,748)(24,550)(74,781)(75,168)
Total other expense(38,091)(23,293)(137,584)(99,593)
Net income$27,944 $80,854 $96,769 $212,714 

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 13
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CAPITAL EXPENDITURES
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/209/30/199/30/209/30/19
Leasing related:
Tenant improvements and tenant inducements$8,950 $22,728 $35,954 $54,068 
External leasing commissions921 3,253 3,296 7,740 
9,871 25,981 39,250 61,808 
Maintenance capital expenditures (1)7,058 15,760 22,589 33,738 
Total leasing related and maintenance capital expenditures$16,929 $41,741 $61,839 $95,546 
Value-enhancing:
Anchor space repositionings$10,774 $15,985 $30,376 $51,537 
Outparcel developments2,639 6,122 9,772 12,200 
Redevelopments24,555 40,084 76,346 99,757 
New development52 738 775 4,130 
Other (2)5,399 9,319 15,837 14,836 
Total value-enhancing capital expenditures$43,419 $72,248 $133,106 $182,460 
(1) Excludes costs related to Hurricane Michael recoveries, as they have been or are expected to be reimbursed by the Company's insurance carrier.
(2) Includes, but is not limited to, minor value-enhancing projects, LED lighting upgrades and solar array installations.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 14
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CAPITALIZATION, LIQUIDITY & DEBT RATIOS
Unaudited, dollars and shares in thousands except per share amounts
As ofAs of
9/30/2012/31/19
Equity Capitalization:
Common shares outstanding296,482 297,857 
Common share price$11.69 $21.61 
Total equity capitalization$3,465,875 $6,436,690 
Debt:
Revolving credit facility$— $7,000 
Term loans650,000 650,000 
Unsecured notes4,835,302 4,218,453 
Secured mortgage— 7,000 
Total principal debt 5,485,302 4,882,453 
Add: Net unamortized premium31,478 11,289 
Less: Deferred financing fees(35,120)(32,557)
Total debt5,481,660 4,861,185 
Less: Cash, cash equivalents and restricted cash (611,220)(21,523)
Net debt $4,870,440 $4,839,662 
Total market capitalization:$8,336,315 $11,276,352 
Liquidity:
Cash and cash equivalents and restricted cash $611,220 $21,523 
Available under revolving credit facility (1)1,244,280 1,237,280 
$1,855,500 $1,258,803 
Ratios:
Principal debt to total market capitalization65.8 %43.3 %
Principal debt to total assets, before depreciation48.7 %46.0 %
Secured principal debt to total assets, before depreciation — 0.1 %
Unencumbered assets to unsecured debt2.1x2.2x
Net principal debt to Adjusted EBITDA, current quarter annualized (2)7.4x6.3x
Net principal debt to Adjusted EBITDA, trailing twelve months (2)6.9x6.4x
Interest coverage, current quarter annualized (Adjusted EBITDA / interest expense)3.2x4.1x
Interest coverage, trailing twelve months (Adjusted EBITDA / interest expense)3.6x4.0x
Fixed charge coverage, current quarter annualized (Adjusted EBITDA / (interest expense + scheduled principal payments))3.2x4.1x
Fixed charge coverage, trailing twelve months (Adjusted EBITDA / (interest expense + scheduled principal payments))3.6x4.0x
As ofAs of
9/30/2012/31/19
Percentage of total debt:
Fixed98.2 %97.8 %
Variable1.8 %2.2 %
Unencumbered summary:
Percent of properties100.0 %99.8 %
Percent of ABR100.0 %99.9 %
Percent of NOI100.0 %99.9 %
Weighted average maturity (years):
Fixed5.5 5.4 
Variable1.3 2.2 
Total5.5 5.4 
Credit Ratings & Outlook: (3)
Fitch RatingsBBB-Stable
Moody's Investors ServiceBaa3Stable
Standard & Poor's Ratings ServicesBBB-Stable
(1) Funds available under the revolving credit facility are reduced by five outstanding letters of credit totaling $5.7 million.
(2) Net principal debt is as of the end of each specifed period.
(3) As of November 4, 2020.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 15
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DEBT OVERVIEW
Unaudited, dollars in thousands
Maturity Schedule - Debt obligations
Year
MaturitiesWeighted Average Stated Interest Rate (1)
2020$— — 
2021— — 
2022566,849 2.97 %
2023850,000 2.88 %
2024800,000 3.73 %
2025700,000 3.85 %
2026607,542 4.17 %
2027400,000 3.90 %
20287,708 6.90 %
2029753,203 4.14 %
2030800,000 4.05 %
Total Debt Maturities
$                  5,485,302 3.70 %
Net unamortized premium
31,478 
Deferred financing costs
(35,120)
Debt obligations, net
$             5,481,660 

Detailed Maturity Schedule - Debt obligations
Variable Rate and Fixed Rate Unsecured Notes
Variable Rate and Fixed Rate
Unsecured Credit Facility / Term Loans
Year
MaturitiesWeighted Average Stated Interest Rate (1)MaturitiesWeighted Average Stated Interest Rate (1)
2020$— — $— — 
2021— — — — 
2022566,849 2.97 %— — 
2023500,000 3.25 %350,000 2.36 %
2024500,000 3.65 %300,000 3.86 %
2025700,000 3.85 %— — 
2026607,542 4.17 %— — 
2027400,000 3.90 %— — 
20287,708 6.90 %— — 
2029753,203 4.14 %— — 
2030800,000 4.05 %— — 
Total Debt Maturities
$             4,835,302 3.79 %$             650,000 3.05 %
(1) Weighted average stated interest rate includes the impact of the Company's interest rate swap agreements.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 16
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SUMMARY OF OUTSTANDING DEBT
Unaudited, dollars in thousands
OutstandingWeighted AverageMaturityPercent of
Loan / Property NameBalanceStated Interest Rate (1)DateTotal Indebtedness
FIXED RATE DEBT:
Unsecured fixed rate debt
Term Loan Facility - $350,000 (2)$350,000 2.36 %12/12/236.38 %
Term Loan Facility - $300,000 (3)300,000 3.86 %7/26/245.47 %
TOTAL UNSECURED FIXED RATE DEBT650,000 3.05 %11.85 %
Unsecured Notes
2022 Brixmor OP Notes (4)150,000 2.16 %2/1/222.74 %
3.88%, 2022 Brixmor OP Notes316,849 3.88 %8/15/225.78 %
3.25%, 2023 Brixmor OP Notes500,000 3.25 %9/15/239.12 %
3.65%, 2024 Brixmor OP Notes500,000 3.65 %6/15/249.12 %
3.85%, 2025 Brixmor OP Notes700,000 3.85 %2/1/2512.76 %
4.13%, 2026 Brixmor OP Notes600,000 4.13 %6/15/2610.94 %
7.97%, 2026 Brixmor LLC Notes 694 7.97 %8/14/260.01 %
7.65%, 2026 Brixmor LLC Notes 6,100 7.65 %11/2/260.11 %
7.68%, 2026 Brixmor LLC Notes I 748 7.68 %11/2/260.01 %
3.90%, 2027 Brixmor OP Notes400,000 3.90 %3/15/277.29 %
6.90%, 2028 Brixmor LLC Notes I2,222 6.90 %2/15/280.04 %
6.90%, 2028 Brixmor LLC Notes II5,486 6.90 %2/15/280.10 %
4.13%, 2029 Brixmor OP Notes750,000 4.13 %5/15/2913.67 %
7.50%, 2029 Brixmor LLC Notes 3,203 7.50 %7/30/290.06 %
4.05%, 2030 Brixmor OP Notes800,000 4.05 %7/1/3014.58 %
TOTAL FIXED RATE UNSECURED NOTES4,735,302 3.84 %86.33 %
TOTAL FIXED RATE DEBT$5,385,302 3.75 %98.18 %
UNSECURED VARIABLE RATE DEBT:
2022 Brixmor OP Notes (LIBOR + 105 basis points)$100,000 1.30 %2/1/221.82 %
TOTAL UNSECURED VARIABLE RATE DEBT100,000 1.30 %1.82 %
TOTAL VARIABLE RATE DEBT$100,000 1.30 %1.82 %
TOTAL DEBT OBLIGATIONS$5,485,302 3.70 %100.00 %
Net unamortized premium31,478 
Deferred financing costs (35,120)
DEBT OBLIGATIONS, NET$5,481,660 
(1) Weighted average stated interest rate includes the impact of the Company's interest rate swap agreements.
(2) Effective November 1, 2016, the Term Loan Facility - $350,000 is swapped from one-month LIBOR to a fixed rate of 1.113% (plus a spread of 125 basis points) through July 30, 2021.
(3) Effective January 2, 2019, the Term Loan Facility - $300,000 is swapped from one-month LIBOR to a fixed, combined rate of 2.611% (plus a spread of 125 basis points) through July 26, 2024.
(4) Effective November 1, 2016, $150,000 of the 2022 Brixmor OP Notes is swapped from three-month LIBOR to a fixed rate of 1.113% (plus a spread of 105 basis points) through July 30, 2021.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 17
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COVENANT DISCLOSURE
Unaudited, dollars in thousands
Unsecured OP Notes Covenant Disclosure
Covenants9/30/20
I. Aggregate debt test < 65%49.9 %
Total Debt5,481,660 
Total Assets10,981,692 
II. Secured debt test (1)< 40%N/A
Total Secured Debt (1)— 
Total Assets10,981,692 
III. Unencumbered asset ratio > 150%200.3 %
Total Unencumbered Assets10,981,692 
Unsecured Debt5,481,660 
Prior Twelve MonthsPrior Six Months, Annualized
IV. Debt service test (2) > 1.5x3.4x 3.1x 
Consolidated EBITDA701,566 645,572 
Annual Debt Service Charge207,192 207,067 
(1) The Company had no secured debt as of September 30, 2020.
(2) For the OP's 4.050%, 2030 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 17, 2020 and the notes and indenture incorporated therein by reference.
Unsecured Credit Facility Covenant Disclosure
Covenants9/30/20
 I. Leverage ratio < 60% 41.3 %
Total Outstanding Indebtedness5,485,302 
Balance Sheet Cash (1)610,627 
Total Asset Value11,815,283 
II. Secured leverage ratio (2)< 40%N/A
Total Secured Indebtedness (2)— 
Balance Sheet Cash (1)610,627 
Total Asset Value11,815,283 
III. Unsecured leverage ratio < 60% 41.3 %
Total Unsecured Indebtedness5,485,302 
Unrestricted Cash (3)609,219 
Unencumbered Asset Value11,815,283 
IV. Fixed charge coverage ratio > 1.5x 3.7x 
Total Net Operating Income767,439 
Capital Expenditure Reserve10,409 
Fixed Charges206,272 
(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, 2020.
(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 Amendment No. 1 to the Second Amended and Restated Revolving Credit and Term Loan Agreement, dated as of April 29, 2020 filed as Exhibit 10.1 to Form 8-K, filed with the Securities and Exchange Commission on May 1, 2020.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 18
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>INVESTMENT SUMMARY
Supplemental Disclosure
Three Months Ended September 30, 2020





ACQUISITIONS
Dollars in thousands, except ABR PSF
Property Name
MSA
Purchase Date
Purchase Price
GLA / Acres
Percent Leased
ABR PSF (1)Major Tenants (2)
Three Months Ended March 31, 2020
Land adjacent to Shops at Palm LakesMiami-Fort Lauderdale-West Palm Beach, FL2/26/20$2,000 1.2 acres
-
-
-
$2,000 1.2 acres
Three Months Ended September 30, 2020
Land adjacent to College PlazaNew York-Newark-Jersey City, NY-NJ-PA7/13/20$1,363 0.4 acres---
$1,363 0.4 acres
TOTAL - NINE MONTHS ENDED SEPTEMBER 30, 2020$3,363 1.6 acres
(1) ABR PSF excludes the GLA of lessee-owned leasehold improvements.
(2) Major tenants exclude non-owned major tenants.



Supplemental Disclosure - Three Months Ended September 30, 2020
Page 20
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DISPOSITIONS
Dollars in thousands, except ABR PSF
Property Name
MSA
Sale Date
Sale Price
GLA /
Acres (1)
Percent Leased (1)ABR
PSF (1)(2)
Major Tenants (1)(3)
Three Months Ended March 31, 2020
Mohawk Acres PlazaUtica-Rome, NY2/3/20$9,450 156,680 81.8 %$22.01 Price Chopper, Family Dollar
Valley View PlazaMarion, IN2/7/203,200 29,974 79.0 %14.91 Aaron's
Lakes Crossing - Chick-fil-A Outparcel (4)Muskegon, MI2/25/201,300 4,990 100.0 %17.03 -
Stone Mill PlazaLancaster, PA3/13/2016,650 106,736 88.5 %13.13 Giant Food (Ahold Delhaize)
Southland Shopping Center - BJ's Wholesale Club (4)Cleveland-Elyria, OH3/27/2011,200 109,309 100.0 %10.49 BJ's Wholesale Club
$41,800 407,689 
Three Months Ended June 30, 2020
Karam Shopping CenterLafayette, LA4/13/20$3,150 100,120 88.4 %$3.57 Super 1 Foods, dd's Discounts (Ross)
Skyway PlazaTampa-St. Petersburg-Clearwater, FL5/15/202,800 110,799 44.7 %11.43 Advantage Village Academy, Dollar Tree
$5,950 210,919 
Three Months Ended September 30, 2020
La Vista land parcelOmaha-Council Bluffs, NE-IA7/8/20$2,625 6.9 acres---
30th Street PlazaCanton-Massillon, OH7/9/206,458 145,935 93.6 %10.81 Giant Eagle
Chamberlain PlazaNew Haven-Milford, CT7/10/202,310 54,302 38.9 %11.54 Dollar Tree
Kenworthy CrossingEl Paso, TX7/30/209,500 74,393 92.6 %10.76 Albertsons
Berkshire Crossing - Home Depot and Walmart (4)Pittsfield, MA9/18/2016,800 243,861 100.0 %N/AThe Home Depot, Walmart
$37,693 518,491 /
6.9 acres
TOTAL - NINE MONTHS ENDED SEPTEMBER 30, 2020$85,443 1,137,099 / 6.9 acres
(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, 2020
Page 21
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ANCHOR SPACE REPOSITIONING SUMMARY
Dollars in thousands
Property Name
MSA
Description
IN PROCESS ANCHOR SPACE REPOSITIONINGS
New Projects Added To In Process Pipeline During The Three Months Ended September 30, 2020
North Dover CenterDover, DERemerchandise former Toys"R"Us with a 33K SF Bob's Discount Furniture
Sun Ray Shopping CenterMinneapolis-St. Paul-Bloomington, MN-WICombine several small shop spaces for a 19K SF BioLife Plasma Services
Valley CrossingHickory-Lenoir-Morganton, NCRemerchandise former Fallas with a 17K SF American Freight Furniture
Willow Springs PlazaManchester-Nashua, NHRemerchandise former JCPenney with a 27K SF Patel Brothers grocer
In Process Projects
Springdale - Phase IIIMobile, ALRemerchandise former Burlington Stores (relocated within center) with a 46K SF Conn's HomePlus and additional retailers
Gateway Plaza - VallejoVallejo, CARemerchandise former Toys"R"Us with a 45K SF LA Fitness
Aurora PlazaDenver-Aurora-Lakewood, COCombine former Gen-X and Techno Rescue for a 48K SF Chuze Fitness
Coastal Way - Coastal LandingTampa-St. Petersburg-Clearwater, FLRemerchandise former hhgregg with a 22K SF HomeGoods
Annex of ArlingtonChicago-Naperville-Elgin, IL-IN-WIRelocate and expand Binny’s Beverage Depot to 34K SF, replacing a former hhgregg and remerchandise former Binny’s Beverage Depot with additional retailers
10 Market CentreElkhart-Goshen, INRemerchandise former Sam's Club with a 40K SF Burlington Stores and a 23K SF Ross Dress for Less
11 Lynn MarketplaceBoston-Cambridge-Newton, MA-NHRemerchandise former Shaw’s with a 23K SF Stop And Compare grocer, a 22K SF junior anchor and a 3K SF small shop space
12 Suffolk PlazaNew York-Newark-Jersey City, NY-NJ-PARemerchandise former A&P with a 43K SF grocer and a 14K SF junior anchor
13 Florence Plaza - Florence Square - Project ICincinnati, OH-KY-INRightsize existing T.J.Maxx / HomeGoods combo store to 48K SF to accommodate an additional junior anchor
14 Dickson City CrossingsScranton--Wilkes-Barre, PARemerchandise former Dick's Sporting Goods with a 41K SF Burlington Stores and an additional junior anchor
15 Crossroads Centre - PasadenaHouston-The Woodlands-Sugar Land, TXRemerchandise and expand former Sears Outlet with a 34K SF LA Fitness and additional small shop space
16 MaplewoodHouston-The Woodlands-Sugar Land, TXRelocate and expand Burke’s Outlet to 21K SF, combining underutilized small shop space
17 Windvale CenterHouston-The Woodlands-Sugar Land, TXRemerchandise former Randalls with a 57K SF Star Cinema Grill
Number of ProjectsNet Estimated Costs (1)Gross Costs to DateExpected NOI Yield (1)
Total In Process17 $79,500 $33,950 9% - 14%
STABILIZED ANCHOR SPACE REPOSITIONINGS
Projects Stabilized During The Three Months Ended September 30, 2020
East Port PlazaPort St. Lucie, FLRemerchandise remaining 51K SF portion of the former Kmart with an Urban Air Adventure Park
Southfield PlazaChicago-Naperville-Elgin, IL-IN-WIRelocate 2K SF H&R block within center to accommodate combining former Payless ShoeSource, Rent-A-Center and additional small shop space for an 18K SF Planet Fitness
Wendover PlaceGreensboro-High Point, NCRemerchandise former Babies"R"Us with a 44K SF Burlington Stores
Park Hills PlazaAltoona, PARemerchandise former Toys"R"Us with a 33K SF Burlington Stores
Projects Stabilized During The Six Months Ended June 30, 2020
Briggsmore PlazaModesto, CARemerchandise former Fallas with a 19K SF dd's Discounts (Ross Dress for Less)
Westridge Court - Project IChicago-Naperville-Elgin, IL-IN-WIRemerchandise former Shoe Carnival and adjacent small shop space with an 18K SF Cost Plus World Market and remerchandise former 2nd and Charles space with a 29K SF Bed Bath & Beyond
Cayuga MallIthaca, NYRemerchandise former T.J.Maxx with a 20K SF Planet Fitness and a 10K SF Dollar Tree and renovation of existing Big Lots in conjunction with store remodel
Falcaro's PlazaNew York-Newark-Jersey City, NY-NJ-PARemerchandise former OfficeMax and adjacent small shop space with a 20K SF Planet Fitness and an 11K SF Dollar Tree
Parkway PlazaWinston-Salem, NCRemerchandise former Fallas with a 17K SF Badcock Home Furniture
10 Florence Plaza - Florence Square - Project IICincinnati, OH-KY-INRemerchandise former hhgregg with a 31K SF Bob’s Discount Furniture and a 27K SF Ross Dress for Less
11 Ridgeview CentreBig Stone Gap, VARemerchandise remaining former Kmart space with a 20K SF Marshalls
Number of Projects
Net Project
Costs (1)
NOI Yield (1)
Total Stabilized11 $29,100 15 %
(1) Represents gross project costs less any project specific credits (lease termination fees or other ancillary credits).
Due to COVID-19, there is inherent uncertainty as it relates to the Company's anchor space repositioning projects, specifically with respect to expected project scopes, expected stabilization dates and expected NOI yields.
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, 2019.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 22
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OUTPARCEL DEVELOPMENT SUMMARY
Dollars in thousands
 Net
 Gross
Stabilization
 Estimated
 Costs
Expected
Property Name
MSA
Project Description
Quarter
 Costs (1)
 to Date
NOI Yield (1)
IN PROCESS OUTPARCEL DEVELOPMENTS
New Projects Added To In Process Pipeline During The Three Months Ended September 30, 2020
1Brentwood PlazaCincinnati, OH-KY-INConstruction of a 2K SF Bank of AmericaSep-21$100 $100 85%
2Rose PavilionSan Francisco-Oakland-Berkeley, CAConstruction of a 2K SF Taco BellDec-21250 — 25%
In Process Projects
3Southport Centre I - VIMinneapolis-St. Paul-Bloomington, MN-WIDemolition of former Bakers Square for construction of a 5K SF PaneraDec-20550 150 3%
4Brunswick Town CenterCleveland-Elyria, OHConstruction of a 5K SF Chick-fil-ADec-20850 600 12%
5Island PlazaCharleston-North Charleston, SCConstruction of a 3K SF Autobell Car WashDec-20100 100 129%
6Westwind PlazaMinneapolis-St. Paul-Bloomington, MN-WIConstruction of a 4K SF ChaseMar-211,100 1,000 13%
7Rockland PlazaNew York-Newark-Jersey City, NY-NJ-PAConstruction of a 5K SF multi-tenant outparcel, including a 3K SF Shake Shack and a 2K SF ChipotleMar-214,450 4,350 8%
8Tuckernuck SquareRichmond, VAConstruction of a 2K SF StarbucksMar-211,450 300 8%
9Arapahoe CrossingDenver-Aurora-Lakewood, COConstruction of a 4K SF Bank of AmericaJun-21400 400 49%
10Market CentreElkhart-Goshen, INConstruction of a 10K SF multi-tenant outparcel, including a 5K SF Panera, a 2K SF GNC and a 1K SF Cricket WirelessJun-213,050 2,650 9%
11Park Hills PlazaAltoona, PAConstruction of a 10K SF multi-tenant outparcel, including a 3K SF Sleep Number, a 2K SF Kay Jewelers, a 2K SF Starbucks and a 1K SF Sports ClipsJun-213,900 3,800 9%
12Hamilton PlazaTrenton-Princeton, NJConstruction of a 6K SF multi-tenant outparcel, including a 2K SF StarbucksSep-212,700 2,400 9%
13Dalewood I, II & III Shopping CenterNew York-Newark-Jersey City, NY-NJ-PAConstruction of a 5K SF multi-tenant outparcel, including a 3K SF Shake ShackSep-212,850 2,700 15%
14Whitemarsh Shopping CenterPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDConstruction of a 9K SF multi-tenant outparcel, including a 3K SF American Family Care and a 3K SF Orangetheory FitnessSep-214,650 4,100 9%
15Westgate PlazaSpringfield, MAConstruction of a 20K SF Aldi endcapDec-211,350 200 9%
16The Commons at WolfcreekMemphis, TN-MS-ARRelocation of Chick-fil-A to an existing 4K SF outparcel to accommodate construction of a multi-tenant outparcel including a 4K SF Aspen Dental and a 3K SF Sleep NumberDec-212,800 500 21%
TOTAL IN PROCESS OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$30,550 $23,350 12%
Stabilization
Net Project
Property Name
MSA
Project Description
Quarter
 Costs (1,2)NOI Yield (1,2)
STABILIZED OUTPARCEL DEVELOPMENTS
Projects Stabilized During The Nine Months Ended September 30, 2020
1Western VillageCincinnati, OH-KY-INConstruction of a 4K SF Bank of AmericaJun-20$250 42%
2Hunting HillsRoanoke, VAConstruction of a 2K SF Valvoline Instant Oil ChangeJun-20200 37%
3Delta CenterLansing-East Lansing, MIConstruction of a 2K SF ChipotleMar-201,200 8%
TOTAL STABILIZED OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$1,650 17%
(1) Represents gross project costs less any project specific credits (lease termination fees or other ancillary credits).
(2) Net project costs and NOI yields may vary from those previously disclosed due to final project reconciliations.
Due to COVID-19, there is inherent uncertainty as it relates to the Company's outparcel development projects, specifically with respect to expected project scopes, expected stabilization dates and expected NOI yields.
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 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, 2019.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 23
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REDEVELOPMENT SUMMARY
Dollars in thousands
Net
Gross
Expected
Property
Stabilization
Estimated
Costs
NOI
Property Name
MSA
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, 2020
Freedom SquareNaples-Marco Island, FLRemerchandise former Kmart with a 35K SF Burlington Stores, a 30K SF HomeGoods, a 20K SF Planet Fitness and additional small shop space; shopping center upgrades including façade renovations and landscaping22Dec-21$11,500 $1,100 11 %
Stewart PlazaNew York-Newark-Jersey City, NY-NJ-PARedevelopment and rightsize existing Burlington Stores to 64K 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 lot and pylon sign enhancements13Sep-2215,150 1,150 10 %
Wynnewood Village - Phase IVDallas-Fort Worth-Arlington, TXGround-up construction of a large-format retail use65Dec-236,500 1,250 %
In Process Projects
Mamaroneck CentreNew York-Newark-Jersey City, NY-NJ-PARedevelopment of former A&P with a 12K SF CVS and a 13K SF North Shore Farms; demolish adjacent 5K SF residential building (acquired in anticipation of redevelopment) to accommodate construction of 12K SF of small shop retail including a 3K SF Orangetheory Fitness and a 1K SF Duck Donuts; and shopping center upgrades including landscaping, storm water and parking enhancements and LED lighting2Dec-2012,750 11,750 10 %
Collegeville Shopping CenterPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDAddition of a 15K SF Kimberton Whole Foods organic grocer; remerchandise 29K SF of underutilized space with new relevant retailers; and shopping center upgrades including façade renovations, LED lighting, new pylon signage and new landscaping14Dec-204,950 3,300 14 %
Collegetown Shopping CenterPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDRedevelopment of former Kmart with a 40K SF Big Lots, a 25K SF LIDL and an additional junior anchor; construction of multiple outparcel buildings; and shopping center upgrades including façade renovations, parking reconfiguration, and pylon sign and lighting enhancements23Jun-2115,600 9,150 %
Braes HeightsHouston-The Woodlands-Sugar Land, TXExpansion of existing My Salon Suite to 14K SF; remerchandise shopping center with new relevant retailers; shopping center upgrades including full center façade renovation, parking reconfiguration, pylon sign improvements and new landscaping6Jun-216,450 5,950 %
Jester VillageHouston-The Woodlands-Sugar Land, TXRecapture and redevelopment of former H-E-B and adjacent junior anchor vacancy with a 37K SF fitness use tenant and additional retailers; and shopping center upgrades including façade and parking lot renovations5Jun-219,400 7,400 %
Cudahy PlazaLos Angeles-Long Beach-Anaheim, CARedevelopment of former Kmart with a 40K SF Chuze Fitness, a 25K SF Burlington Stores, and additional retailers; and shopping center upgrades including façade renovations and new pylon signage9Sep-2116,800 13,550 %
10 Roseville CenterMinneapolis-St. Paul-Bloomington, MN-WIDemolish 26K SF of retail space to accommodate a 22K SF ALDI; reconfigure remaining underutilized small shop space; and shopping center upgrades including façade renovations, parking lot reconfiguration and common area enhancements6Sep-216,850 6,350 %
11 Laurel SquareNew York-Newark-Jersey City, NY-NJ-PARedevelopment of former Pathmark to accommodate a 30K SF Corrado’s Market 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 lot enhancements and pylon sign upgrades31Sep-2112,550 3,150 10 %
12 Western Hills PlazaCincinnati, OH-KY-INDemolish former Sears to accommodate construction of a 15K SF Old Navy, an 11K SF Ulta, a 4K SF Spectrum and additional retailers; construction of a multi-tenant outparcel building; and shopping center upgrades including façade renovations, new pylon signage, landscaping and parking enhancements33Sep-2114,200 8,700 11 %
13 Speedway Super Center - Phase IIIndianapolis-Carmel-Anderson, INRedevelopment and rightsize 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 lot and lighting enhancements66Dec-217,900 3,550 10 %
14 Village at NewtownPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDExpansion and renovation of center including 60K SF of new construction, including a 10K SF Ulta; remerchandise existing small shop retail; and shopping center upgrades including façade, common areas and infrastructure enhancements30Dec-2139,150 34,850 %
15 Jones PlazaHouston-The Woodlands-Sugar Land, TXRelocation 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 renovations9Dec-212,400 100 12 %
16 Westminster City CenterDenver-Aurora-Lakewood, CORelocation and expansion of existing Golf Galaxy to 43K SF in former Babies"R"Us location; backfill of former Golf Galaxy with an entertainment user; remerchandise former Dress Barn with a 9K SF Five Below; addition of a 6K SF Seo's Martial Arts; redevelopment of former Gordmans with junior anchor retailers; and remerchandise existing outparcels with a 6K SF Sola Salon Suites and a 6K SF Hook & Reel27Mar-2211,200 3,450 %
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 24
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REDEVELOPMENT SUMMARY
Dollars in thousands
Net
Gross
Expected
Property
Stabilization
Estimated
Costs
NOI
Property Name
MSA
Project Description
Acreage
Quarter
Costs (1)
to Date
Yield (1)
17 Venice VillageNorth Port-Sarasota-Bradenton, FLDemolish 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 lighting18Mar-229,450 900 10 %
18 Wynnewood Village - Phase IIIDallas-Fort Worth-Arlington, TXRelocation 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 enhancements65Jun-227,450 1,300 %
19 Village at Mira Mesa - Phase IISan Diego-Chula Vista-Carlsbad, CARaze existing 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 space36Sep-2210,400 3,900 %
20 Pointe Orlando - Phase IOrlando-Kissimmee-Sanford, FLRemerchandise existing small shop retail with relevant retailers including an 11K SF Hampton Social and a 4K SF Hopdoddy Burger Bar; 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 plazas17Dec-2231,900 15,300 %
21 Marco Town CenterNaples-Marco Island, FLRemerchandise existing small shop spaces and extensive shopping center upgrades including façade, landscaping, lighting and signage enhancements, parking lot reconfiguration and common area improvements including addition of outdoor dining patios and gathering areas10Mar-2310,400 4,650 10 %
TOTAL IN PROCESS REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE
$262,950 $140,800 %
Property
Stabilization
Net Project
NOI
Property Name
MSA
Project Description
Acreage
Quarter
 Costs (1,2)Yield (1,2)
STABILIZED REDEVELOPMENTS
Projects Stabilized During The Three Months Ended September 30, 2020
Seminole PlazaTampa-St. Petersburg-Clearwater, FLRedevelopment and rightsize existing Burlington Stores to 54K SF to accommodate addition of a 33K SF Sprouts Farmers Market; remerchandise additional small shop space with relevant retailers; and shopping center upgrades including façade renovations, parking lot enhancements and pylon sign upgrades12Sep-20$9,650 %
Maple Village - Phase IIAnn Arbor, MIConstruction of a 34K SF LA Fitness and a 4K SF endcap; addition of an 8K SF Five Below, an 8K SF Kirkland’s, a 5K SF Sola Salon and a 5K SF Carter’s; and shopping center upgrades including façade renovations and common area enhancements31Sep-2015,900 %
Wynnewood Village - Phase IDallas-Fort Worth-Arlington, TXRaze existing 24K SF office building and relocate / terminate existing small shops; ground up construction of a 34K SF LA Fitness65Sep-2015,500 %
Projects Stabilized During The Six Months Ended June 30, 2020
Beneva Village Shoppes (3)North Port-Sarasota-Bradenton, FLDemolish and rebuild 30-year old 42K SF Publix with a 46K SF Publix prototype and new endcap space next to Publix; right-size small shop GLA by 6K SF; shopping center upgrades include façade, landscaping and parking enhancements; and sustainable features including smart irrigation and LED lighting14Mar-2011,050 10 %
Roosevelt Mall (4)Philadelphia-Camden-Wilmington, PA-NJ-DE-MDDemolish 13K SF of retail space to accommodate construction of a 34K SF LA Fitness and combine small shop spaces for an 11K SF Oak Street Health36Mar-2010,100 %
TOTAL STABILIZED REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$62,200 %
(1) Represents gross project costs less any project specific credits (lease termination fees or other ancillary credits).
(2) Net project costs and NOI yields may vary from those previously disclosed due to final project reconciliations.
(3) Net project costs exclude $1.4 million of project specific credits (lease termination fees or other ancillary credits).
(4) Net project costs exclude $0.5 million of project specific credits (lease termination fees or other ancillary credits).
Due to COVID-19, there is inherent uncertainty as it relates to the Company's redevelopment projects, specifically with respect to expected project scopes, expected stabilization dates and expected NOI yields.
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 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, 2019.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 25
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FUTURE REDEVELOPMENT OPPORTUNITIES
Property NameMSAProject Description
MAJOR REDEVELOPMENTS
University MallSacramento--Roseville--Arden-Arcade, CAExtensive repositioning and reconfiguration with experiential retailers, densification of site, potential residential component
Village at Mira Mesa - Phase IIISan Diego-Carlsbad, CARedevelopment of existing anchor space for multiple retailers and potential residential rental component
Superior MarketplaceBoulder, CORedevelopment and repositioning of shopping center with multiple retailers, restaurants and/or multi-family or hospitality users
Mall at 163rd StreetMiami-Fort Lauderdale-West Palm Beach, FLExtensive redevelopment and repositioning of shopping center, densification of site, reconfiguration of existing retail space
Shops at Palm LakesMiami-Fort Lauderdale-West Palm Beach, FLRedevelopment of existing anchor space for multiple retailers and/or entertainment users, potential outparcel development
Pointe Orlando - Phase IIOrlando-Kissimmee-Sanford, FLRedevelopment, densification and rebranding for multiple retailers, hospitality, and/or entertainment users
Arborland CenterAnn Arbor, MIRedevelopment and repositioning of shopping center, densification of site
Richfield HubMinneapolis-St. Paul-Bloomington, MN-WIRedevelopment and repositioning of shopping center, densification of site
Kings Park PlazaNew York-Newark-Jersey City, NY-NJ-PARedevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component
10 Three Village Shopping CenterNew York-Newark-Jersey City, NY-NJ-PARedevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component
11 Plymouth Square Shopping CenterPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDRedevelopment and remerchandising of shopping center, reconfigure and repurpose underutilized space with office users
12 Roosevelt Mall - Future PhasesPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDExtensive repositioning and reconfiguration, densification of site
13 Market PlazaDallas-Fort Worth-Arlington, TXExtensive redevelopment and repositioning of shopping center, remerchandise with multiple retailers
14 Preston Park VillageDallas-Fort Worth-Arlington, TXRepurpose, assemble and reposition for national retail merchandise mix, densification of site, enhancement of common areas
15 Wynnewood Village - Future PhasesDallas-Fort Worth-Arlington, TXRedevelopment and repositioning of shopping center, densification of site
MINOR REDEVELOPMENTS
Springdale - Phase IVMobile, ALDensification of site, including a multi-tenant outparcel development
Upland Town SquareRiverside-San Bernardino-Ontario, CADensification of site, including outparcel development
Venetian Isle Shopping CenterMiami-Fort Lauderdale-West Palm Beach, FLRedevelopment of existing anchor space for new anchor prototype, potential outparcel development
Venice Shopping CenterNorth Port-Sarasota-Bradenton, FLRedevelopment of existing anchor space for new anchor prototype, potential outparcel development
Downtown PublixPort St. Lucie, FLDensification of site, including outparcel development
East Port PlazaPort St. Lucie, FLRedevelopment of existing anchor space for new anchor prototype
Dolphin VillageTampa-St. Petersburg-Clearwater, FLRemerchandise with experiential retailers, addition of a new anchor prototype, reconfiguration of space for junior anchors, outparcel development
Mansell CrossingAtlanta-Sandy Springs-Roswell, GADensification of site, including multi-tenant outparcel development
The Village at MabletonAtlanta-Sandy Springs-Roswell, GARedevelopment of existing anchor space for multiple retailers
10 Tinley Park PlazaChicago-Naperville-Elgin, IL-IN-WIReconfiguration of existing footprint for multiple retailers, including a specialty grocer and/or entertainment users, outparcel development
11 Westridge CourtChicago-Naperville-Elgin, IL-IN-WIRedevelopment of existing anchor space, adjacent retail space, densification of site and façade renovation
12 Capitol Shopping CenterConcord, NHRedevelopment of existing anchor space for multiple retailers
13 College PlazaNew York-Newark-Jersey City, NY-NJ-PADensification of site, including one or more multi-tenant outparcel developments
14 Dalewood I, II & III Shopping CenterNew York-Newark-Jersey City, NY-NJ-PARemerchandise with relevant uses, façade renovation and enhancement of common areas
15 Old Bridge GatewayNew York-Newark-Jersey City, NY-NJ-PADensification of site, including addition of a specialty grocer and outparcel development
16 Bristol ParkPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDRedevelopment of existing anchor spaces for multiple retailers, potential outparcel development, enhancement of common areas
17 Hillcrest Market PlaceSpartanburg, SCRedevelopment of existing anchor space for multiple retailers, potential outparcel development, enhancement of common areas
18 Kessler PlazaDallas-Fort Worth-Arlington, TXRemerchandise former discount grocer with multiple retailers and potential multiple use redevelopment
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, 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, 2019.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 26
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>PORTFOLIO SUMMARY
Supplemental Disclosure
Three Months Ended September 30, 2020




PORTFOLIO OVERVIEW
Dollars in thousands, except per square foot amounts


As of:
9/30/206/30/203/31/2012/31/199/30/19
Number of properties395 398 400 403 409 
GLA69,391,717 69,942,365 70,142,984 70,630,803 71,540,493 
Percent billed88.0%88.9%89.1%89.3%88.6%
Percent leased91.2%92.1%92.2%92.4%91.9%
TOTAL ≥ 10,000 SF94.4%95.1%95.4%95.2%94.7%
TOTAL < 10,000 SF84.3%85.2%85.1%86.2%85.6%
ABR$           882,718 $           892,337 $           894,355 $           895,964 $           892,997 
ABR PSF$               14.86 $               14.83 $               14.80 $               14.74 $               14.59 
PORTFOLIO BY UNIT SIZE AS OF 9/30/20
Number of
Units
GLAPercent of GLAPercent BilledPercent Leased ABRABR PSF
≥ 35,000 SF446 25,832,572 37.2%93.2%96.2%$           226,939 $               10.34 
20,000 - 34,999 SF512 13,468,514 19.4%89.6%93.2%136,041 10.97 
10,000 - 19,999 SF630 8,662,409 12.5%87.2%90.7%110,541 14.43 
5,000 - 9,999 SF1,154 7,960,149 11.5%82.1%84.9%117,956 18.23 
< 5,000 SF6,375 13,468,073 19.4%80.6%83.9%291,241 26.66 
TOTAL9,117 69,391,717 100.0%88.0%91.2%$           882,718 $               14.86 
TOTAL ≥ 10,000 SF1,588 47,963,495 69.1%91.1%94.4%$           473,521 $               11.27 
TOTAL < 10,000 SF7,529 21,428,222 30.9%81.1%84.3%409,197 23.52 
Reflects portfolio statistics as reported for the specified period.

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 28
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PORTFOLIO COMPOSITION
ESSENTIAL, HYBRID AND OTHER RETAIL / SERVICES
Percent of Portfolio Leased GLA
chart-6d4ba8260a4e47f58d21.jpg

NATIONAL / REGIONAL AND LOCAL TENANTS (1)
Percent of Portfolio Leased GLA

chart-b43561c162a04bb69461.jpg



ANCHOR AND SMALL SHOP TENANTS
Percent of Portfolio Leased GLA
chart-e0a798cd2c214f739601.jpg

(1) Franchise locations are categorized as National / Regional.

Percent of Portfolio ABR
chart-db12aa12f55948ea88c1.jpg


Percent of Portfolio ABR
chart-7ac5501a94ae4d4daa41.jpg



Percent of Portfolio ABR

chart-40056537b7ae43359981.jpg



Definitions
Essential:Businesses deemed necessary for day-to-day living
Examples: Grocery, pharmacy, general merchandise (discount)
Hybrid:Businesses deemed necessary for day-to-day living, but operating in a moderated capacity, and businesses deemed necessary for day-to-day living in many, but not all jurisdictions
Examples: Restaurants, medical offices, electronics
Other Retail / Services:Businesses deemed non-essential for day-to-day living
Examples: Apparel, fitness, entertainment
Definitions
National /
Regional:
Multi-state operators or single-state operators with 20 or more locations; state agencies and government offices
Local:Single-state operators with fewer than 20 locations


89.6% of 3Q20 billed base rent collected for National / Regional tenants and 82.8% of 3Q20 billed base rent collected for Local tenants as of 10/30/20

88.3% of 3Q20 billed base rent collected for Anchor tenants and 88.1% of 3Q20 billed base rent collected for Small Shop tenants as of 10/30/20
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 29
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MERCHANDISE MIX COMPOSITION
Dollars in thousands
Essential = 34% of ABRHybrid = 25% of ABROther Retail / Services = 41% of ABR
Essential / Hybrid = 59% of ABR
~70% of shopping centers are grocery-anchored
As of 10/30/20
Merchandise Mix ABRPercent of ABRPercent of 2Q20
Billed Base Rent
Collected
Percent of 3Q20
Billed Base Rent
Collected
Percent of 2Q20 and 3Q20 Billed Base Rent CollectedPercent of October
Billed Base Rent
Collected
ESSENTIAL$296,085 34 %98.7 %99.0 %98.8 %98.1 %
Grocery / Pharmacy143,242 16 %99.6 %99.4 %99.5 %99.3 %
General Merchandise (Discount / Dollar)33,195 %99.1 %99.1 %99.1 %98.9 %
Financial services24,918 %99.7 %99.5 %99.6 %99.2 %
Pet 23,621 %97.8 %99.0 %98.4 %99.4 %
Medical (essential)19,956 %97.3 %99.1 %98.2 %98.1 %
Mail / Shipping and Other services14,353 %90.8 %90.0 %90.4 %76.3 %
Home improvement14,070 %95.5 %99.7 %97.6 %97.8 %
Other Essential12,959 %99.5 %100.0 %99.7 %99.9 %
Auto9,771 %99.9 %99.9 %99.9 %99.9 %
HYBRID$221,302 25 %82.3 %87.8 %85.1 %87.6 %
Restaurants128,345 15 %76.6 %81.9 %79.3 %81.6 %
Electronics & Appliance29,913 %95.3 %96.5 %95.9 %95.2 %
Medical (Hybrid)22,648 %88.1 %89.8 %89.0 %95.4 %
Hobby & Crafts17,631 %82.5 %98.5 %90.3 %97.4 %
Liquor8,880 %99.6 %99.6 %99.6 %95.6 %
Other Hybrid Services7,996 %98.5 %98.3 %98.4 %96.3 %
Other Hybrid Retail5,889 %67.7 %98.8 %83.1 %98.0 %
OTHER RETAIL / SERVICES$365,331 41 %65.1 %79.6 %72.4 %83.7 %
Other Services60,816 %79.0 %85.3 %82.1 %84.5 %
Off-Price Apparel60,378 %67.0 %69.8 %68.4 %87.8 %
Fitness / Sports47,002 %34.5 %62.4 %48.7 %67.9 %
Value Apparel, Shoes, Accessories45,843 %57.9 %83.9 %70.8 %85.1 %
Home Décor39,168 %78.4 %88.3 %83.3 %96.0 %
Other Retail33,473 %62.9 %95.8 %79.2 %94.9 %
General Merchandise (Department, Gift, etc.)32,417 %78.3 %92.0 %85.1 %90.4 %
Health & Beauty23,866 %82.1 %92.2 %87.1 %93.2 %
Entertainment22,368 %35.7 %39.4 %37.6 %38.4 %
TOTAL$882,718 100 %80.8 %88.2 %84.5 %89.6 %
Rent deferrals and abatements10.4 %4.7 %7.6 %2.4 %
Total addressed billed base rent91.2 %92.9 %92.1 %92.0 %
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 30
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TOP FORTY RETAILERS RANKED BY ABR
Dollars in thousands, except per square foot amounts
RetailerOwned Leases (1)Leased GLAPercent of GLAABRPercent of ABR ABR PSF
The TJX Companies, Inc. (2)87 2,642,160 3.8 %$30,848 3.5 %$11.68 
The Kroger Co. (3)50 3,323,325 4.8 %24,970 2.8 %7.51 
Dollar Tree Stores, Inc. (4)125 1,453,183 2.1 %16,054 1.8 %11.05 
Burlington Stores, Inc.27 1,395,689 2.0 %14,451 1.6 %10.35 
Publix Super Markets, Inc.29 1,285,410 1.9 %12,220 1.4 %9.51 
Ahold Delhaize (5)21 1,127,311 1.6 %11,793 1.3 %10.46 
Ross Stores, Inc (6)36 972,892 1.4 %11,764 1.3 %12.09 
L.A Fitness International, LLC15 618,290 0.9 %11,355 1.3 %18.37 
Albertson's Companies, Inc (7)14 795,381 1.1 %9,729 1.1 %12.23 
10 Bed Bath & Beyond, Inc. (8)29 752,992 1.1 %9,351 1.1 %12.42 
433 14,366,633 20.7 %152,535 17.2 %10.62 
11 PetSmart, Inc.26 587,388 0.8 %8,742 1.0 %14.88 
12 Big Lots, Inc.35 1,150,510 1.7 %7,945 0.9 %6.91 
13 PETCO Animal Supplies, Inc. (9)32 434,440 0.6 %7,764 0.9 %17.87 
14 Kohl's Corporation12 914,585 1.3 %7,253 0.8 %7.93 
15 Best Buy Co., Inc.13 537,660 0.8 %6,828 0.8 %12.70 
16 Ulta Beauty, Inc.26 295,708 0.4 %6,827 0.8 %23.09 
17 Party City Holdco Inc.34 482,332 0.7 %6,774 0.8 %14.04 
18 The Michaels Companies, Inc.24 541,541 0.8 %6,599 0.7 %12.19 
19 Wal-Mart Stores, Inc. (10)14 1,643,376 2.4 %6,320 0.7 %3.85 
20 Staples, Inc.23 476,075 0.7 %6,028 0.7 %12.66 
672 21,430,248 30.9 %223,615 25.3 %10.43 
21 Office Depot, Inc. (11)23 502,566 0.7 %5,726 0.6 %11.39 
22 Five Below, Inc.34 296,856 0.4 %5,663 0.6 %19.08 
23 DICK's Sporting Goods, Inc. (12)10 384,141 0.6 %5,199 0.6 %13.53 
24 Hobby Lobby Stores, Inc.14 783,743 1.1 %5,179 0.6 %6.61 
25 CVS Health16 231,799 0.3 %4,972 0.6 %21.45 
26 JOANN Stores, Inc.21 415,255 0.6 %4,691 0.5 %11.30 
27 Southeastern Grocers (13)12 568,562 0.8 %4,550 0.5 %8.00 
28 Designer Brands Inc. (DSW)14 268,691 0.4 %4,420 0.5 %16.45 
29 JP Morgan Chase & Co.28 101,550 0.1 %4,178 0.5 %41.14 
30 The Home Depot, Inc.428,868 0.6 %4,136 0.5 %9.64 
31 H.E. Butt Grocery Company (14)268,380 0.4 %4,103 0.5 %15.29 
32 Gap, Inc. (15)13 215,422 0.3 %4,091 0.5 %18.99 
33 Sally Beauty Holdings, Inc. (16)94 168,305 0.2 %4,031 0.5 %23.95 
34 Harbor Freight Tools22 387,185 0.6 %3,735 0.4 %9.65 
35 Barnes & Noble, Inc.203,748 0.3 %3,690 0.4 %18.11 
36 AMC Entertainment200,955 0.3 %3,541 0.4 %17.62 
37 Wakefern Food Corporation (17)267,832 0.4 %3,522 0.4 %13.15 
38 Rainbow Shops34 252,722 0.4 %3,511 0.4 %13.89 
39 Regal Entertainment Group (18)229,170 0.3 %3,423 0.4 %14.94 
40 Bank of America, NA25 81,982 0.1 %3,242 0.4 %39.55 
TOTAL TOP 40 RETAILERS1,063 27,687,980 39.8 %$309,218 35.1 %$11.17 
(1) Includes only locations which are owned or guaranteed by the parent company.(7) Includes Vons-4, Acme-2, Jewel-Osco-2, Tom Thumb-2, Albertsons-1, Randalls-1, Shop & Save Market-1 and Star Market-1.
(2) Includes Marshalls-35, T.J. Maxx-35, HomeGoods-15, HomeSense-1 and Sierra Trading Post-1.(12) Includes DICK'S Sporting Goods-6 and Golf Galaxy-4.
(3) Includes Kroger-38, King Soopers-4, Harris Teeter-2, Ralphs-2, Dillons-1,(8) Includes Bed Bath & Beyond-15, Christmas Tree Shops-4, Cost Plus World Market-4,(13) Includes Winn-Dixie-6, BI-LO-3, Harveys-2 and Fresco y Más-1.
Food 4 Less-1, Pay Less-1 and Pick 'N Save-1.Harmon Face Values-4 and buybuy Baby-2.(14) Includes H-E-B-3 and Central Market-1.
(4) Includes Dollar Tree-109, Family Dollar-15 and Deal$-1.(9) Includes PETCO-31 and Unleashed-1.(15) Includes Old Navy-11 and Gap Factory-2.
(5) Includes Super Stop & Shop-7, Giant Food-5, Food Lion-4, Stop & Shop-2,(10) Includes Supercenters-9, Discount Stores-2, Walmart Neighborhood Market-2,(16) Includes Sally Beauty-86, Cosmoprof-7 and Macon Beauty Systems-1.
 Bottom Dollar Food-1, Hannaford-1, and Tops Market-1.and Sam's Club-1.(17) Includes ShopRite-3 and PriceRite-2.
(6) Includes Ross Dress for Less-31 and dd's Discounts-5.(11) Includes Office Depot-12 and OfficeMax-11.(18) Includes Regal Cinemas-3 and United Artist Theatres-1.
Excludes three leases that are signed but not commenced and subject to non-disclosure agreements with a retailer aggregating 116,456 SF and $2.1 million of ABR. In combination with commenced leases from this retailer, the total GLA and ABR of the retailer is 199,134 SF and $4.0 million, respectively

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 31
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NEW & RENEWAL LEASE SUMMARY
Dollars in thousands, except per square foot amounts

Tenant Improvements and Allowances PSFThird Party Leasing Commissions PSFWeighted 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 9/30/20418 3,155,433 $44,809 $14.20 $2.55 $1.08 5.7 357 2,628,856 $13.96 $13.16 6.1 %
Three months ended 6/30/20283 1,841,519 24,846 13.49 2.83 1.01 6.0 235 1,534,332 13.35 12.54 6.5 %
Three months ended 3/31/20334 2,347,315 32,357 13.78 4.46 1.24 5.9 285 2,099,579 13.40 12.26 9.3 %
Three months ended 12/31/19397 2,681,748 38,012 14.17 8.20 1.75 6.2 319 2,168,484 13.84 12.48 10.9 %
TOTAL - TWELVE MONTHS ENDED 9/30/201,432 10,026,015 $140,023 $13.97 $4.56 $1.28 5.9 1,196 8,431,251 $13.68 $12.65 8.1 %

NEW & RENEWAL LEASES ONLY
Three months ended 9/30/20368 2,152,872 $33,432 $15.53 $3.71 $1.58 6.1 307 1,626,295 $15.57 $14.73 5.7 %
Three months ended 6/30/20241 1,275,855 18,202 14.27 4.09 1.45 6.4 193 968,668 14.29 13.49 5.9 %
Three months ended 3/31/20277 1,410,630 21,783 15.44 7.35 2.06 6.5 228 1,162,894 15.10 13.70 10.2 %
Three months ended 12/31/19351 1,699,302 29,219 17.19 12.89 2.76 7.0 273 1,186,038 17.90 15.85 12.9 %
TOTAL - TWELVE MONTHS ENDED 9/30/201,237 6,538,659 $102,637 $15.70 $6.95 $1.97 6.5 1,001 4,943,895 $15.76 $14.52 8.5 %
NEW LEASES
Three months ended 9/30/20103 683,517 $11,083 $16.22 $10.05 $4.94 9.7 46 178,742 $18.60 $16.30 14.1 %
Three months ended 6/30/2075 425,561 5,848 13.74 11.04 4.24 8.6 30 181,711 13.98 11.71 19.4 %
Three months ended 3/31/20103 586,654 9,294 15.84 16.48 4.83 9.1 54 338,918 14.95 12.09 23.7 %
Three months ended 12/31/19139 855,950 14,405 16.83 24.17 5.38 9.6 62 347,776 18.70 14.03 33.3 %
TOTAL - TWELVE MONTHS ENDED 9/30/20420 2,551,682 $40,631 $15.92 $16.43 $4.95 9.3 192 1,047,147 $16.65 $13.39 24.3 %
RENEWAL LEASES
Three months ended 9/30/20265 1,469,355 $22,349 $15.21 $0.76 $0.01 4.4 261 1,447,553 $15.19 $14.54 4.5 %
Three months ended 6/30/20166 850,294 12,354 14.53 0.61 0.06 5.3 163 786,957 14.36 13.90 3.3 %
Three months ended 3/31/20174 823,976 12,489 15.16 0.85 0.08 4.6 174 823,976 15.16 14.37 5.5 %
Three months ended 12/31/19212 843,352 14,814 17.57 1.43 0.11 4.4 211 838,262 17.56 16.60 5.8 %
TOTAL - TWELVE MONTHS ENDED 9/30/20817 3,986,977 $62,006 $15.55 $0.89 $0.06 4.6 809 3,896,748 $15.53 $14.82 4.8 %
OPTION LEASES
Three months ended 9/30/2050 1,002,561 $11,376 $11.35 $0.07 $— 5.0 50 1,002,561 $11.35 $10.60 7.1 %
Three months ended 6/30/2042 565,664 6,644 11.75 — — 5.1 42 565,664 11.75 10.90 7.8 %
Three months ended 3/31/2057 936,685 10,573 11.29 0.11 — 5.0 57 936,685 11.29 10.47 7.8 %
Three months ended 12/31/1946 982,446 8,793 8.95 0.10 — 4.9 46 982,446 8.95 8.41 6.4 %
TOTAL - TWELVE MONTHS ENDED 9/30/20195 3,487,356 $37,386 $10.72 $0.08 $ 5.0 195 3,487,356 $10.72 $10.00 7.2 %
LEASES BY ANCHOR AND SMALL SHOPThree Months Ended 9/30/20Twelve Months Ended 9/30/20
% of Leases% of GLA% of ABRNew ABR PSFRent Spread (1)% of Leases% of GLA% of ABRNew ABR PSFRent Spread (1)
Anchor Leases (≥ 10,000 SF)
Total - New, Renewal & Option Leases18 %67 %52 %$11.05 5.8 %16 %67 %47 %$9.94 8.6 %
New & Renewal Leases Only13 %55 %41 %11.37 4.9 %11 %55 %37 %10.57 11.0 %
New Leases16 %68 %54 %12.85 (2.9)%15 %60 %45 %11.98 41.7 %
Renewal Leases11 %50 %34 %10.43 6.0 %%51 %31 %9.50 2.8 %
Option Leases58 %90 %84 %10.62 6.7 %47 %89 %77 %9.21 6.5 %
Small Shop Leases (< 10,000 SF)
Total - New, Renewal & Option Leases82 %33 %48 %$20.46 6.3 %84 %33 %53 %$22.05 7.8 %
New & Renewal Leases Only88 %45 %59 %20.71 6.0 %89 %45 %63 %21.92 7.5 %
New Leases84 %32 %46 %23.28 23.3 %85 %40 %55 %21.93 15.3 %
Renewal Leases89 %50 %66 %19.94 3.6 %91 %49 %69 %21.91 5.7 %
Option Leases42 %10 %16 %18.04 8.7 %53 %11 %23 %23.06 9.7 %
(1) Comparable leases only.
Excludes leases signed for terms of less than one year.
ABR PSF includes the GLA of lessee-owned leasehold improvements.
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 32
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NEW LEASE NET EFFECTIVE RENT & LEASES SIGNED BUT NOT YET COMMENCED
Dollars in thousands, except per square foot amounts
NEW LEASE NET EFFECTIVE RENT
Twelve Months EndedThree Months Ended
9/30/209/30/206/30/203/31/2012/31/199/30/19
NEW LEASES
Weighted average over lease term:
Base rent$ 16.83$ 17.32$ 14.70$ 16.82$ 17.50$ 16.70
Tenant improvements and allowances(1.88)(1.37)(1.32)(1.90)(2.56)(2.48)
Third party leasing commissions(0.51)(0.49)(0.44)(0.52)(0.55)(0.53)
NET EFFECTIVE RENT BEFORE TENANT SPECIFIC LANDLORD WORK14.4415.4612.9414.3914.3913.69
Tenant specific landlord work (1)(1.16)(0.46)(0.74)(1.47)(1.71)(1.10)
NET EFFECTIVE RENT$ 13.28$ 15.00$ 12.20$ 12.92$ 12.68$ 12.59
Net effective rent before tenant specific landlord work /
base rent86%89%88%86%82%82%
Net effective rent / base rent79%87%83%77%72%75%
Weighted average term (years)9.39.78.69.19.69.4
PERCENT OF TOTAL NET EFFECTIVE RENT BY ANCHOR AND SMALL SHOP
≥ 10,000 SF42%55%27%39%39%34%
< 10,000 SF58%45%73%61%61%66%
LEASES SIGNED BUT NOT YET COMMENCED
As of 9/30/20:LeasesGLAABRABR PSF
≥ 10,000 SF
621,831,380$ 20,875$ 11.40
< 10,000 SF
228722,28418,50325.62
TOTAL2902,553,664$ 39,378$ 15.42
(1) Represents base building costs funded through tenant allowances.
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, 2020
Page 33
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LEASE EXPIRATION SCHEDULE
ASSUMES NO EXERCISE OF RENEWAL OPTIONS
TOTAL PORTFOLIO
SPACES ≥ 10,000 SF
SPACES < 10,000 SF
Number% of% ofABR PSFNumber% of% ofABR PSFNumber% of% ofABR PSF
ofLeasedLeasedIn-PlaceIn-placeatofLeasedLeasedIn-PlaceIn-placeatofLeasedLeasedIn-PlaceIn-placeat
LeasesGLAGLAABRABR PSFExpirationLeasesGLAGLAABRABR PSFExpirationLeasesGLAGLAABRABR PSFExpiration
M-M297 736,067 1.2 %1.4 %$16.73 $16.73 107,485 0.2 %0.2 %$9.69 $9.69 289 628,582 3.5 %2.8 %$17.94 $17.94 
2020233 1,148,858 1.8 %1.6 %12.66 12.66 22 605,314 1.3 %1.1 %8.98 8.98 211 543,544 3.0 %2.2 %16.76 16.76 
20211,154 7,010,427 11.1 %10.2 %12.88 12.90 138 4,378,097 9.7 %7.9 %8.59 8.59 1,016 2,632,330 14.6 %12.9 %20.02 20.06 
20221,123 7,963,776 12.6 %12.4 %13.75 13.86 187 5,484,854 12.1 %11.5 %9.89 9.90 936 2,478,922 13.7 %13.5 %22.30 22.62 
20231,066 6,989,281 11.0 %11.3 %14.30 14.50 172 4,674,635 10.3 %10.0 %10.09 10.11 894 2,314,646 12.8 %12.9 %22.80 23.38 
20241,031 9,125,462 14.4 %13.1 %12.68 12.90 196 6,831,766 15.1 %13.7 %9.48 9.52 835 2,293,696 12.7 %12.4 %22.19 22.99 
2025834 7,631,467 12.1 %11.4 %13.15 13.43 177 5,665,427 12.5 %12.1 %10.11 10.16 657 1,966,040 10.9 %10.5 %21.90 22.88 
2026453 4,769,404 7.5 %7.6 %14.07 14.85 128 3,714,477 8.2 %8.8 %11.18 11.71 325 1,054,927 5.8 %6.2 %24.24 25.90 
2027363 3,244,159 5.1 %5.5 %15.05 16.26 75 2,246,822 5.0 %5.5 %11.67 12.39 288 997,337 5.5 %5.5 %22.66 24.97 
2028303 2,771,987 4.4 %5.0 %15.98 17.16 71 2,000,284 4.4 %4.9 %11.71 12.20 232 771,703 4.3 %5.1 %27.04 30.02 
2029352 3,700,619 5.8 %6.3 %14.92 16.13 99 2,861,666 6.3 %7.0 %11.66 12.37 253 838,953 4.6 %5.3 %26.05 28.96 
2030+634 8,221,977 13.0 %14.2 %15.16 16.69 204 6,687,528 14.9 %17.3 %12.18 13.35 430 1,534,449 8.6 %10.7 %28.17 31.25 
ASSUMES EXERCISE OF ALL RENEWAL OPTIONS (1)
TOTAL PORTFOLIO
SPACES ≥ 10,000 SF
SPACES < 10,000 SF
Number% of% ofABR PSFNumber% of% ofABR PSFNumber% of% ofABR PSF
ofLeasedLeasedIn-PlaceIn-placeatofLeasedLeasedIn-PlaceIn-placeatofLeasedLeasedIn-PlaceIn-placeat
LeasesGLAGLAABRABR PSFExpirationLeasesGLAGLAABRABR PSFExpirationLeasesGLAGLAABRABR PSFExpiration
M-M297 736,067 1.2 %1.4 %$16.73 $16.73 107,485 0.2 %0.2 %$9.69 $9.69 289 628,582 3.5 %2.8 %$17.94 $17.94 
2020200 736,748 1.2 %1.1 %13.58 13.58 10 250,277 0.6 %0.4 %7.75 7.75 190 486,471 2.7 %2.0 %16.57 16.57 
2021890 3,270,578 5.2 %5.6 %15.11 15.14 51 1,264,502 2.8 %2.2 %8.13 8.13 839 2,006,076 11.1 %9.6 %19.51 19.55 
2022799 2,805,559 4.4 %5.6 %17.57 17.84 50 1,031,911 2.3 %2.2 %9.93 9.96 749 1,773,648 9.8 %9.5 %22.02 22.42 
2023759 2,703,364 4.3 %5.5 %18.07 18.54 53 1,052,710 2.3 %2.3 %10.45 10.48 706 1,650,654 9.1 %9.3 %22.93 23.69 
2024656 2,629,221 4.2 %5.0 %16.77 17.39 45 1,147,949 2.5 %2.5 %10.13 10.24 611 1,481,272 8.2 %7.9 %21.92 22.93 
2025490 2,095,893 3.3 %4.0 %16.75 17.60 40 970,383 2.1 %2.1 %10.41 10.63 450 1,125,510 6.2 %6.1 %22.22 23.61 
2026334 1,871,757 3.0 %3.3 %15.54 16.96 34 977,390 2.2 %1.9 %9.10 9.74 300 894,367 5.0 %4.9 %22.57 24.85 
2027338 2,035,684 3.2 %3.7 %16.21 17.91 52 1,153,857 2.5 %2.6 %10.82 11.78 286 881,827 4.9 %5.0 %23.27 25.92 
2028291 1,538,424 2.4 %3.1 %17.97 19.94 34 759,449 1.7 %1.8 %11.48 12.27 257 778,975 4.3 %4.6 %24.29 27.42 
2029298 1,537,752 2.4 %3.2 %17.78 19.92 36 740,627 1.6 %1.8 %11.72 12.80 262 797,125 4.4 %4.6 %23.42 26.55 
2030+2,491 41,352,437 65.2 %58.5 %12.49 15.93 1,064 35,801,815 79.2 %80.0 %10.57 13.37 1,427 5,550,622 30.8 %33.7 %24.87 32.42 
(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 CountBy GLA
Twelve Months Ended 9/30/2077.1%81.5%
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 34
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PROPERTIES BY LARGEST US MSAs
Dollars in thousands, except per square foot amounts
Percent of
Number ofPercentPercentNumber ofPercentPercent
Largest US MSAs by 2019 PopulationProperties GLA BilledLeased ABR  ABR PSF Propertiesof GLAof ABR
New York-Newark-Jersey City, NY-NJ-PA26 3,187,040 86.9 %93.1 %$64,449 $21.86 6.6 %4.6 %7.3 %
Los Angeles-Long Beach-Anaheim, CA10 1,706,615 96.0 %97.9 %34,788 22.87 2.5 %2.5 %3.9 %
Chicago-Naperville-Elgin, IL-IN-WI14 3,521,001 77.6 %82.1 %39,107 14.21 3.5 %5.1 %4.4 %
Dallas-Fort Worth-Arlington, TX12 2,514,501 89.4 %91.9 %40,744 17.82 3.0 %3.6 %4.6 %
Houston-The Woodlands-Sugar Land, TX30 4,063,932 90.3 %94.1 %47,855 12.91 7.6 %5.9 %5.4 %
Washington-Arlington-Alexandria, DC-VA-MD-WV456,255 71.9 %77.8 %5,015 14.13 0.8 %0.7 %0.6 %
Miami-Fort Lauderdale-Pompano Beach, FL1,453,963 80.9 %86.5 %19,592 15.72 2.3 %2.1 %2.2 %
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD23 4,238,459 81.8 %88.2 %60,991 18.91 5.8 %6.1 %6.9 %
Atlanta-Sandy Springs-Alpharetta, GA22 3,326,176 88.5 %89.3 %34,668 12.07 5.6 %4.8 %3.9 %
10 Phoenix-Mesa-Chandler, AZ— — %— %— — — %— %— %
Top 10 Largest US MSAs by Population149 24,467,942 85.7 %89.9 %347,209 16.60 37.7 %35.4 %39.2 %
11 Boston-Cambridge-Newton, MA-NH713,272 75.9 89.3 8,417 13.27 1.5 1.0 1.0 
12 San Francisco-Oakland-Berkeley, CA506,994 99.0 %99.4 %11,751 28.81 0.5 %0.7 %1.3 %
13 Riverside-San Bernardino-Ontario, CA505,679 91.2 %92.6 %8,620 21.23 1.0 %0.7 %1.0 %
14 Detroit-Warren-Dearborn, MI1,431,286 89.5 %90.9 %15,261 12.78 2.0 %2.1 %1.7 %
15 Seattle-Tacoma-Bellevue, WA— — — — — — — — 
16 Minneapolis-St. Paul-Bloomington, MN-WI1,193,178 86.3 %89.7 %13,957 14.29 2.0 %1.7 %1.6 %
17 San Diego-Chula Vista-Carlsbad, CA660,209 94.0 %96.5 %14,454 23.18 0.8 %1.0 %1.6 %
18 Tampa-St. Petersburg-Clearwater, FL11 1,790,291 86.3 %87.5 %23,910 15.95 2.8 %2.6 %2.7 %
19 Denver-Aurora-Lakewood, CO1,316,626 94.1 %98.0 %17,498 14.55 1.5 %1.9 %2.0 %
20 St. Louis, MO-IL209,036 94.0 %94.0 %2,101 10.87 0.5 %0.3 %0.2 %
Top 20 Largest US MSAs by Population199 32,794,513 86.6 %90.4 %463,178 16.51 50.3 %47.4 %52.3 %
21 Baltimore-Columbia-Towson, MD— — — — — — — — 
22 Charlotte-Concord-Gastonia, NC-SC1,770,319 93.1 %93.4 %16,644 10.97 1.5 %2.6 %1.9 %
23 Orlando-Kissimmee-Sanford, FL803,879 88.3 %90.3 %16,477 22.90 1.3 %1.2 %1.9 %
24 San Antonio-New Braunfels, TX— — — — — — — — 
25 Portland-Vancouver-Hillsboro, OR-WA— — — — — — — — 
26 Sacramento-Roseville-Folsom, CA105,931 54.0 %54.0 %1,285 22.48 0.3 %0.2 %0.1 %
27 Pittsburgh, PA202,349 98.4 %100.0 %2,058 11.46 0.3 %0.3 %0.2 %
28 Las Vegas-Henderson-Paradise, NV— — — — — — — — 
29 Austin-Round Rock-Georgetown, TX169,405 97.7 %97.7 %2,098 12.67 0.3 %0.2 %0.2 %
30 Cincinnati, OH-KY-IN1,853,536 92.6 %95.0 %22,746 16.53 1.8 %2.7 %2.6 %
31 Kansas City, MO-KS608,649 91.9 %94.6 %4,780 8.44 1.0 %0.9 %0.5 %
32 Columbus, OH435,069 86.8 %89.2 %3,863 10.65 0.8 %0.6 %0.4 %
33 Indianapolis-Carmel-Anderson, IN726,319 86.6 %87.9 %7,011 11.16 0.5 %1.0 %0.8 %
34 Cleveland-Elyria, OH795,777 80.0 %80.7 %8,270 12.99 0.8 %1.1 %0.9 %
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 35
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PROPERTIES BY LARGEST US MSAs
Dollars in thousands, except per square foot amounts
Percent of
Number ofPercentPercentNumber ofPercentPercent
Largest US MSAs by 2019 PopulationProperties GLA BilledLeased ABR  ABR PSF Propertiesof GLAof ABR
35 San Jose-Sunnyvale-Santa Clara, CA— — — — — — — — 
36 Nashville-Davidson--Murfreesboro--Franklin, TN797,341 97.8 %97.8 %9,248 11.89 1.0 %1.1 %1.0 %
37 Virginia Beach-Norfolk-Newport News, VA-NC150,300 97.7 %97.7 %2,837 21.34 0.3 %0.2 %0.3 %
38 Providence-Warwick, RI-MA— — — — — — — — 
39 Milwaukee-Waukesha, WI566,998 88.2 %88.6 %5,888 11.72 1.0 %0.8 %0.7 %
40 Jacksonville, FL685,315 89.5 %90.2 %6,539 11.01 0.8 %1.0 %0.7 %
41 Oklahoma City, OK— — — — — — — — 
42 Raleigh-Cary, NC291,026 99.6 %100.0 %3,884 13.45 0.5 %0.4 %0.4 %
43 Memphis, TN-MS-AR652,349 85.3 %93.3 %9,434 15.95 0.3 %0.9 %1.1 %
44 Richmond, VA228,668 94.4 %96.9 %3,495 15.77 0.5 %0.3 %0.4 %
45 New Orleans-Metairie, LA— — %— %— — — %— %— %
46 Louisville/Jefferson County, KY-IN700,232 93.4 93.8 7,127 11.15 1.0 1.0 0.8 
47 Salt Lake City, UT— — — — — — — — 
48 Hartford-East Hartford-Middletown, CT584,075 84.2 %84.2 %8,536 17.35 0.8 %0.8 %1.0 %
49 Buffalo-Cheektowaga, NY— — — — — — — — 
50 Birmingham-Hoover, AL— — — — — — — — 
Top 50 Largest US MSAs by Population256 44,922,050 87.6 %90.8 %605,398 15.72 64.8 %64.7 %68.6 %
MSAs Ranked 51 - 100 by Population48 8,339,056 90.4 %91.9 %94,756 13.07 12.2 %12.0 %10.7 %
Other MSAs91 16,130,611 88.0 %92.2 %182,564 13.36 23.0 %23.3 %20.7 %
TOTAL395 69,391,717 88.0 %91.2 %$882,718 $14.86 100.0 %100.0 %100.0 %



Supplemental Disclosure - Three Months Ended September 30, 2020
Page 36
image45.jpg



LARGEST MSAs BY ABR
Dollars in thousands, except per square foot amounts
Percent of
Number of
Percent
Percent
Number of
Percent
Percent
Largest MSAs by ABR
MSA Rank
Properties
 GLA
Billed
Leased
 ABR
 ABR PSF
Properties
of GLA
of ABR
New York-Newark-Jersey City, NY-NJ-PA126 3,187,040 86.9 %93.1 %$64,449 $21.86 6.6 %4.6 %7.3 %
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD823 4,238,459 81.8 %88.2 %60,991 18.91 5.8 %6.1 %6.9 %
Houston-The Woodlands-Sugar Land, TX530 4,063,932 90.3 %94.1 %47,855 12.91 7.6 %5.9 %5.4 %
Dallas-Fort Worth-Arlington, TX412 2,514,501 89.4 %91.9 %40,744 17.82 3.0 %3.6 %4.6 %
Chicago-Naperville-Elgin, IL-IN-WI314 3,521,001 77.6 %82.1 %39,107 14.21 3.5 %5.1 %4.4 %
Los Angeles-Long Beach-Anaheim, CA210 1,706,615 96.0 %97.9 %34,788 22.87 2.5 %2.5 %3.9 %
Atlanta-Sandy Springs-Alpharetta, GA922 3,326,176 88.5 %89.3 %34,668 12.07 5.6 %4.8 %3.9 %
Tampa-St. Petersburg-Clearwater, FL1811 1,790,291 86.3 %87.5 %23,910 15.95 2.8 %2.6 %2.7 %
Cincinnati, OH-KY-IN301,853,536 92.6 %95.0 %22,746 16.53 1.8 %2.7 %2.6 %
10 Miami-Fort Lauderdale-Pompano Beach, FL71,453,963 80.9 %86.5 %19,592 15.72 2.3 %2.1 %2.2 %
10 Largest MSAs by ABR164 27,655,514 86.4 %90.2 %388,850 16.59 41.5 %40.0 %43.9 %
11 Denver-Aurora-Lakewood, CO191,316,626 94.1 %98.0 %17,498 14.55 1.5 %1.9 %2.0 %
12 Charlotte-Concord-Gastonia, NC-SC221,770,319 93.1 %93.4 %16,644 10.97 1.5 %2.6 %1.9 %
13 Orlando-Kissimmee-Sanford, FL23803,879 88.3 %90.3 %16,477 22.90 1.3 %1.2 %1.9 %
14 Detroit-Warren-Dearborn, MI141,431,286 89.5 %90.9 %15,261 12.78 2.0 %2.1 %1.7 %
15 San Diego-Chula Vista-Carlsbad, CA17660,209 94.0 %96.5 %14,454 23.18 0.8 %1.0 %1.6 %
16 Minneapolis-St. Paul-Bloomington, MN-WI161,193,178 86.3 %89.7 %13,957 14.29 2.0 %1.7 %1.6 %
17 Naples-Marco Island, FL142780,327 78.8 %91.7 %12,822 18.44 1.0 %1.1 %1.5 %
18 Ann Arbor, MI147820,327 88.5 %90.9 %12,055 16.29 0.8 %1.2 %1.4 %
19 San Francisco-Oakland-Berkeley, CA12506,994 99.0 %99.4 %11,751 28.81 0.5 %0.7 %1.3 %
20 Vallejo, CA122519,223 93.5 %94.9 %10,002 20.48 0.3 %0.7 %1.1 %
20 Largest MSAs by ABR210 37,457,882 87.5 %91.0 %529,771 16.56 53.2 %54.2 %59.9 %
21 Binghamton, NY194751,572 92.7 %93.2 %9,839 14.04 1.0 %1.1 %1.1 %
22 Allentown-Bethlehem-Easton, PA-NJ70829,432 89.0 %89.0 %9,474 14.27 0.8 %1.2 %1.1 %
23 Memphis, TN-MS-AR43652,349 85.3 %93.3 %9,434 15.95 0.3 %0.9 %1.1 %
24 Nashville-Davidson--Murfreesboro--Franklin, TN36797,341 97.8 %97.8 %9,248 11.89 1.0 %1.1 %1.0 %
25 Port St. Lucie, FL113690,935 79.0 %88.8 %9,156 15.02 1.3 %1.0 %1.0 %
26 North Port-Sarasota-Bradenton, FL72737,950 87.7 %89.7 %8,659 13.16 1.3 %1.1 %1.0 %
27 Riverside-San Bernardino-Ontario, CA13505,679 91.2 %92.6 %8,620 21.23 1.0 %0.7 %1.0 %
28 Hartford-East Hartford-Middletown, CT48584,075 84.2 %84.2 %8,536 17.35 0.8 %0.8 %1.0 %
29 Boston-Cambridge-Newton, MA-NH11713,272 75.9 %89.3 %8,417 13.27 1.5 %1.0 %1.0 %
30 Cleveland-Elyria, OH34795,777 80.0 %80.7 %8,270 12.99 0.8 %1.1 %0.9 %
31 Louisville/Jefferson County, KY-IN46700,232 93.4 %93.8 %7,127 11.15 1.0 %1.0 %0.8 %
32 Indianapolis-Carmel-Anderson, IN33726,319 86.6 %87.9 %7,011 11.16 0.5 %1.0 %0.8 %
33 Jacksonville, FL40685,315 89.5 %90.2 %6,539 11.01 0.8 %1.0 %0.7 %
34 Norwich-New London, CT183433,532 92.8 %92.8 %6,409 15.94 0.5 %0.6 %0.7 %
35 New Haven-Milford, CT67492,105 82.9 %83.3 %6,130 14.96 1.0 %0.7 %0.7 %
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 37
image45.jpg



LARGEST MSAs BY ABR
Dollars in thousands, except per square foot amounts
Percent of
Number of
Percent
Percent
Number of
Percent
Percent
Largest MSAs by ABR
MSA Rank
Properties
 GLA
Billed
Leased
 ABR
 ABR PSF
Properties
of GLA
of ABR
36 Milwaukee-Waukesha, WI39566,998 88.2 %88.6 %5,888 11.72 1.0 %0.8 %0.7 %
37 Poughkeepsie-Newburgh-Middletown, NY86399,379 98.4 %98.4 %5,599 14.47 0.8 %0.6 %0.6 %
38 College Station-Bryan, TX186491,214 92.8 %93.1 %5,578 14.62 1.0 %0.7 %0.6 %
39 Greensboro-High Point, NC75406,768 95.2 %96.2 %5,478 14.00 0.3 %0.6 %0.6 %
40 Worcester, MA-CT58515,320 92.8 %93.2 %5,457 13.82 0.8 %0.7 %0.6 %
41 Scranton--Wilkes-Barre, PA101619,139 91.1 %92.0 %5,280 23.45 0.5 %0.9 %0.6 %
42 Wilmington, NC167379,107 95.7 %95.7 %5,255 14.64 0.5 %0.5 %0.6 %
43 Washington-Arlington-Alexandria, DC-VA-MD-WV6456,255 71.9 %77.8 %5,015 14.13 0.8 %0.7 %0.6 %
44 Winston-Salem, NC87437,561 90.0 %90.0 %4,984 13.29 0.8 %0.6 %0.6 %
45 Kansas City, MO-KS31608,649 91.9 %94.6 %4,780 8.44 1.0 %0.9 %0.5 %
46 Dayton-Kettering, OH73351,898 95.6 %96.9 %4,511 13.53 0.5 %0.5 %0.5 %
47 Oxnard-Thousand Oaks-Ventura, CA68316,522 82.0 %84.4 %4,410 17.21 0.5 %0.5 %0.5 %
48 Boulder, CO155278,419 94.0 %94.4 %4,372 16.63 0.3 %0.4 %0.5 %
49 Fresno, CA54261,344 99.0 %99.0 %4,129 15.95 0.3 %0.4 %0.5 %
50 Charleston-North Charleston, SC74498,871 85.6 %86.3 %4,055 9.54 0.5 %0.7 %0.5 %
50 Largest MSAs by ABR300 54,141,211 87.8 %90.9 %727,431 15.71 76.4 %78.0 %82.3 %
51 Greenville-Anderson, SC60220,723 98.3 %98.9 %3,944 18.49 0.5 %0.3 %0.4 %
52 Mobile, AL126415,636 71.3 %84.1 %3,938 11.54 0.3 %0.6 %0.4 %
53 Manchester-Nashua, NH131347,947 53.1 %63.4 %3,895 18.57 0.5 %0.5 %0.4 %
54 Raleigh-Cary, NC42291,026 99.6 %100.0 %3,884 13.45 0.5 %0.4 %0.4 %
55 Columbus, OH32435,069 86.8 %89.2 %3,863 10.65 0.8 %0.6 %0.4 %
56 Spartanburg, SC161360,277 83.2 %83.8 %3,861 13.49 0.3 %0.5 %0.4 %
57 Panama City, FL247397,492 95.7 %97.1 %3,788 9.82 0.5 %0.6 %0.4 %
58 Bakersfield, CA62240,068 96.3 %96.3 %3,579 15.77 0.3 %0.3 %0.4 %
59 Richmond, VA44228,668 94.4 %96.9 %3,495 15.77 0.5 %0.3 %0.4 %
60 Hilton Head Island-Bluffton, SC204230,352 94.3 %95.9 %3,395 15.37 0.5 %0.3 %0.4 %
61 Odessa, TX262372,534 100.0 %100.0 %3,337 14.17 0.3 %0.5 %0.4 %
62 Springfield, MA84319,668 92.9 %99.1 %3,208 13.63 0.5 %0.5 %0.4 %
63 Des Moines-West Des Moines, IA83512,825 93.0 %94.3 %3,205 6.69 0.5 %0.7 %0.4 %
64 Atlantic City-Hammonton, NJ187179,199 89.8 %90.6 %3,198 19.69 0.3 %0.3 %0.4 %
65 Pittsfield, MA331192,944 95.3 %97.4 %2,999 16.35 0.3 %0.3 %0.3 %
66 Greenville, NC238233,153 84.9 %84.9 %2,860 14.45 0.3 %0.3 %0.3 %
67 Virginia Beach-Norfolk-Newport News, VA-NC37150,300 97.7 %97.7 %2,837 21.34 0.3 %0.2 %0.3 %
68 Savannah, GA139221,381 93.5 %96.4 %2,796 13.10 0.5 %0.3 %0.3 %
69 Roanoke, VA163315,008 98.5 %98.5 %2,721 10.90 0.5 %0.5 %0.3 %
70 Bridgeport-Stamford-Norwalk, CT59161,075 95.3 %97.3 %2,486 15.86 0.3 %0.2 %0.3 %
71 Hickory-Lenoir-Morganton, NC146284,984 87.4 %93.8 %2,433 9.11 0.5 %0.4 %0.3 %
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 38
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LARGEST MSAs BY ABR
Dollars in thousands, except per square foot amounts
Percent of
Number of
Percent
Percent
Number of
Percent
Percent
Largest MSAs by ABR
MSA Rank
Properties
 GLA
Billed
Leased
 ABR
 ABR PSF
Properties
of GLA
of ABR
72 Duluth, MN-WI170183,087 96.9 %98.2 %2,382 13.25 0.3 %0.3 %0.3 %
73 Altoona, PA341266,512 74.7 %87.4 %2,364 10.25 0.3 %0.4 %0.3 %
74 Dover, DE237191,974 52.2 %99.3 %2,249 11.79 0.3 %0.3 %0.3 %
75 Concord, NH281191,887 95.3 %100.0 %2,241 12.54 0.3 %0.3 %0.3 %
76 Santa Maria-Santa Barbara, CA123179,549 100.0 %100.0 %2,240 13.45 0.3 %0.3 %0.3 %
77 Elkhart-Goshen, IN220257,748 93.7 %93.7 %2,176 16.48 0.3 %0.4 %0.2 %
78 St. Louis, MO-IL20209,036 94.0 %94.0 %2,101 10.87 0.5 %0.3 %0.2 %
79 Austin-Round Rock-Georgetown, TX29169,405 97.7 %97.7 %2,098 12.67 0.3 %0.2 %0.2 %
80 Fort Wayne, IN133248,451 74.9 %75.3 %2,094 13.30 0.5 %0.4 %0.2 %
81 Pittsburgh, PA27202,349 98.4 %100.0 %2,058 11.46 0.3 %0.3 %0.2 %
82 Manhattan, KS321217,261 96.0 %97.6 %2,039 15.50 0.3 %0.3 %0.2 %
83 Flint, MI134164,625 94.3 %97.0 %2,010 12.68 0.3 %0.2 %0.2 %
84 Rutland, VT539223,314 100.0 %100.0 %1,980 8.99 0.3 %0.3 %0.2 %
85 Syracuse, NY90128,404 100.0 %100.0 %1,954 15.22 0.3 %0.2 %0.2 %
86 Greeneville, TN484224,139 97.1 %97.1 %1,924 8.94 0.3 %0.3 %0.2 %
87 Tulsa, OK55186,851 100.0 %100.0 %1,920 10.28 0.3 %0.3 %0.2 %
88 Tucson, AZ53165,350 87.8 %87.8 %1,879 12.94 0.3 %0.2 %0.2 %
89 Trenton-Princeton, NJ148160,969 32.6 %97.5 %1,853 11.80 0.3 %0.2 %0.2 %
90 Saginaw, MI230184,735 97.2 %97.2 %1,851 10.31 0.3 %0.3 %0.2 %
91 Ithaca, NY380204,405 99.1 %99.1 %1,840 9.81 0.3 %0.3 %0.2 %
92 Crestview-Fort Walton Beach-Destin, FL173158,118 98.4 %98.4 %1,821 11.70 0.3 %0.2 %0.2 %
93 Columbus, IN427145,789 95.9 %97.8 %1,814 12.72 0.3 %0.2 %0.2 %
94 California-Lexington Park, MD35692,335 100.0 %100.0 %1,788 19.36 0.3 %0.1 %0.2 %
95 Portland-South Portland, ME105287,513 87.3 %94.8 %1,784 17.12 0.3 %0.4 %0.2 %
96 Toledo, OH93295,665 72.5 %83.8 %1,776 12.54 0.3 %0.4 %0.2 %
97 Deltona-Daytona Beach-Ormond Beach, FL88182,054 93.2 %97.8 %1,567 8.81 0.3 %0.3 %0.2 %
98 London, KY291165,826 100.0 %100.0 %1,565 9.44 0.3 %0.2 %0.2 %
99 Durham-Chapel Hill, NC9297,226 98.4 %100.0 %1,559 16.03 0.3 %0.1 %0.2 %
100 Lansing-East Lansing, MI103188,646 83.4 %83.4 %1,481 9.56 0.3 %0.3 %0.2 %
100 Largest MSAs by ABR365 65,824,763 88.1 %91.4 %853,561 15.16 92.4 %94.9 %96.7 %
Other MSAs30 3,566,954 87.2 %89.1 %29,157 9.39 7.6 %5.1 %3.3 %
TOTAL
395 69,391,717 88.0 %91.2 %$882,718 $14.86 100.0 %100.0 %100.0 %



Supplemental Disclosure - Three Months Ended September 30, 2020
Page 39
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PROPERTIES BY STATE
Dollars in thousands, except per square foot amounts
Percent of
Number ofPercent PercentNumber ofPercentPercent
StateProperties GLA BilledLeased ABR  ABR PSF Propertiesof GLAof ABR
Florida47 7,810,625 85.2 %89.3 %$105,742 $15.46 11.9 %11.3 %12.0 %
Texas51 7,892,451 91.0 %93.9 %102,512 14.57 12.9 %11.4 %11.6 %
California27 5,094,449 93.8 %95.3 %96,486 21.46 6.8 %7.3 %10.9 %
New York28 3,577,981 91.3 %94.1 %66,081 19.85 7.1 %5.2 %7.5 %
Pennsylvania26 5,014,711 83.6 %88.3 %62,726 17.25 6.6 %7.2 %7.1 %
North Carolina20 4,243,307 93.0 %93.7 %44,686 11.85 5.1 %6.1 %5.1 %
New Jersey16 2,843,142 83.4 %93.2 %43,117 17.34 4.1 %4.1 %4.9 %
Georgia30 4,228,329 87.7 %89.7 %42,206 11.43 7.6 %6.1 %4.8 %
Illinois15 3,608,847 78.0 %82.3 %39,715 14.02 3.8 %5.2 %4.5 %
10 Michigan16 2,993,748 89.2 %90.6 %34,638 13.34 4.1 %4.3 %3.9 %
11 Ohio15 3,045,070 86.7 %89.8 %33,559 14.33 3.8 %4.4 %3.8 %
12 Connecticut11 1,796,283 86.8 %87.1 %24,703 15.80 2.8 %2.6 %2.8 %
13 Tennessee2,037,716 93.5 %96.1 %23,400 12.10 2.3 %2.9 %2.6 %
14 Colorado1,595,045 94.1 %97.4 %21,870 14.92 1.8 %2.3 %2.5 %
15 Massachusetts10 1,499,510 85.3 %93.5 %18,150 14.76 2.5 %2.2 %2.1 %
16 Kentucky1,683,399 94.6 %95.0 %17,364 12.02 1.8 %2.4 %2.0 %
17 Minnesota1,376,265 87.7 %90.8 %16,339 14.13 2.3 %2.0 %1.9 %
18 South Carolina1,310,223 88.6 %89.4 %15,255 13.32 1.8 %1.9 %1.7 %
19 Indiana1,510,334 88.0 %88.8 %14,457 12.12 1.8 %2.2 %1.6 %
20 Virginia1,017,100 90.0 %90.6 %10,955 12.93 1.8 %1.5 %1.2 %
21 New Hampshire781,528 75.3 %81.0 %8,067 13.31 1.3 %1.1 %0.9 %
22 Maryland415,708 77.7 %84.1 %5,951 17.01 0.8 %0.6 %0.7 %
23 Wisconsin566,998 88.2 %88.6 %5,888 11.72 1.0 %0.8 %0.7 %
24 Missouri655,984 93.0 %95.5 %5,420 8.83 1.3 %0.9 %0.6 %
25 Alabama415,636 71.3 %84.1 %3,938 11.54 0.2 %0.6 %0.4 %
26 Kansas378,962 93.6 %94.5 %3,500 12.61 0.5 %0.5 %0.4 %
27 Iowa512,825 93.0 %94.3 %3,205 6.69 0.5 %0.7 %0.4 %
28 Delaware191,974 52.2 %99.3 %2,249 11.79 0.2 %0.3 %0.3 %
29 West Virginia251,500 90.0 %90.0 %2,026 8.95 0.5 %0.4 %0.2 %
30 Vermont223,314 100.0 %100.0 %1,980 8.99 0.2 %0.3 %0.2 %
31 Oklahoma186,851 100.0 %100.0 %1,920 10.28 0.2 %0.3 %0.2 %
32 Arizona165,350 87.8 %87.8 %1,879 12.94 0.2 %0.2 %0.2 %
33 Maine287,513 87.3 %94.8 %1,784 17.12 0.2 %0.4 %0.2 %
34 Louisiana179,039 71.4 %71.4 %950 7.43 0.2 %0.3 %0.1 %
TOTAL395 69,391,717 88.0 %91.2 %$882,718 $14.86 100.0 %100.0 %100.0 %

Supplemental Disclosure - Three Months Ended September 30, 2020
Page 40
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PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
SpringdaleMobileALMobile, AL2004415,636 84.1 %$3,938 $11.54 Sam's Club*Bed Bath & Beyond, Big Lots, Burke's Outlet, Burlington Stores, Conn's HomePlus, Cost Plus World Market, David's Bridal, Marshalls, Michaels, Shoe Station-
Northmall CentreTucsonAZTucson, AZ1996165,350 87.8 %1,879 12.94 Sam's Club*CareMore, Defy-Tucson, Stein Mart-
Bakersfield PlazaBakersfieldCABakersfield, CA1970240,068 96.3 %3,579 15.77 Lassens Natural Foods & VitaminsAMC Theatres, Burlington Stores, Five Below, In Shape Fitness, Ross Dress for LessHobby Lobby
Carmen PlazaCamarilloCAOxnard-Thousand Oaks-Ventura, CA2000125,047 64.1 %2,155 29.32 Trader Joe's*CVS, Harbor Freight Tools-
Plaza Rio VistaCathedralCARiverside-San Bernardino-Ontario, CA200575,415 94.9 %1,400 21.94 Stater Bros.--
Cudahy Plaza (3)CudahyCALos Angeles-Long Beach-Anaheim, CA2020123,146 91.9 %2,523 22.30 -Big Lots, Burlington Stores, Chuze Fitness-
University MallDavisCASacramento-Roseville-Folsom, CA1964105,931 54.0 %1,285 22.48 Trader Joe'sCost Plus World Market-
Felicita PlazaEscondidoCASan Diego-Chula Vista-Carlsbad, CA200198,594 100.0 %1,570 15.92 Vons (Albertsons)Chuze Fitness-
Felicita Town CenterEscondidoCASan Diego-Chula Vista-Carlsbad, CA1987124,670 94.9 %2,877 24.31 Major Market, Trader Joe'sRite Aid-
10 Arbor - Broadway Faire (2)FresnoCAFresno, CA1995261,344 99.0 %4,129 15.95 Smart & Final Extra!PetSmart, The Home Depot, United Artists Theatres-
11 Lompoc CenterLompocCASanta Maria-Santa Barbara, CA1960179,549 100.0 %2,240 13.45 Vons (Albertsons)Five Below, Harbor Freight Tools, Marshalls, Michaels, Ulta-
12 Briggsmore PlazaModestoCAModesto, CA199892,315 96.5 %1,228 14.62 Grocery Outletdd's Discounts (Ross), Sears OutletIn Shape Fitness
13 Montebello PlazaMontebelloCALos Angeles-Long Beach-Anaheim, CA1974284,331 100.0 %6,158 22.25 AlbertsonsBest Buy, CVS, Five Below, Kohl's, Ross Dress for Less-
14 California Oaks CenterMurrietaCARiverside-San Bernardino-Ontario, CA1990124,481 97.7 %2,176 18.47 Barons MarketCrunch Fitness, Dollar Tree-
15 Pacoima CenterPacoimaCALos Angeles-Long Beach-Anaheim, CA1995202,773 100.0 %2,284 11.26 Food 4 Less (Kroger)Ross Dress for Less, Target-
16 Metro 580 PleasantonCASan Francisco-Oakland-Berkeley, CA1996177,573 100.0 %2,784 33.92 -Kohl's, Party CityWalmart
17 Rose PavilionPleasantonCASan Francisco-Oakland-Berkeley, CA2019329,421 99.1 %8,967 27.52 99 Ranch Market, Trader Joe'sCVS, Macy's Home Store, Restoration Hardware, Total Wine & More-
18 Puente Hills Town CenterRowland HeightsCALos Angeles-Long Beach-Anaheim, CA1984258,685 94.1 %6,084 24.99 -Marshalls, Planet Fitness-
19 Ocean View PlazaSan ClementeCALos Angeles-Long Beach-Anaheim, CA1990169,963 96.8 %5,090 30.95 Ralphs (Kroger), Trader Joe'sCrunch Fitness, CVS-
20 Plaza By The Sea San ClementeCALos Angeles-Long Beach-Anaheim, CA197649,089 95.2 %944 20.21 Stater Bros.--
21 Village at Mira Mesa (3)San DiegoCASan Diego-Chula Vista-Carlsbad, CA2020436,945 96.1 %10,007 24.62 Sprouts Farmers Market, Vons (Albertsons)Bed Bath & Beyond, BevMo, CVS, Marshalls, Michaels, Mira Mesa Lanes-
22 San Dimas PlazaSan DimasCALos Angeles-Long Beach-Anaheim, CA1986164,757 98.7 %3,870 23.79 Smart & Final Extra!Harbor Freight Tools, T.J.Maxx-
23 Bristol PlazaSanta AnaCALos Angeles-Long Beach-Anaheim, CA2003111,403 100.0 %3,150 28.85 Trader Joe'sBig Lots, Petco, Rite Aid-
24 Gateway PlazaSanta Fe SpringsCALos Angeles-Long Beach-Anaheim, CA2002289,268 100.0 %3,559 23.93 El Super, Walmart SupercenterLA Fitness, Ross Dress for LessTarget
25 Santa Paula CenterSanta PaulaCAOxnard-Thousand Oaks-Ventura, CA1995191,475 97.6 %2,255 12.34 Vons (Albertsons)Ace Hardware, Big Lots-
26 Vail Ranch Center TemeculaCARiverside-San Bernardino-Ontario, CA2003201,903 88.3 %2,879 22.52 Stater Bros.Rite Aid, Stein Mart -
27 Country Hills Shopping CenterTorranceCALos Angeles-Long Beach-Anaheim, CA197753,200 100.0 %1,126 21.17 Ralphs (Kroger)--
28 Upland Town Square UplandCARiverside-San Bernardino-Ontario, CA1994103,880 93.1 %2,165 22.40 Sprouts Farmers Market--
29 Gateway Plaza - Vallejo (2)VallejoCAVallejo, CA2018519,223 94.9 %10,002 20.48 Costco*Bed Bath & Beyond, Century Theatres, DSW, LA Fitness, Marshalls, Michaels, OfficeMax, Party City, Petco, Ross Dress for Less, UltaTarget
30 Arvada PlazaArvadaCODenver-Aurora-Lakewood, CO199495,236 100.0 %801 8.41 King Soopers (Kroger)Arc-
31 Arapahoe CrossingsAuroraCODenver-Aurora-Lakewood, CO1996476,988 99.0 %7,473 15.97 King Soopers (Kroger)2nd & Charles, AMC Theatres, Big Lots, Burlington Stores, buybuy BABY, Goldfish Swin School, Kohl's, Planet Fitness, Stein Mart-
32 Aurora PlazaAuroraCODenver-Aurora-Lakewood, CO1996178,491 96.9 %1,833 10.99 King Soopers (Kroger)Cinema Latino, Gen-X-
33 Villa Monaco DenverCODenver-Aurora-Lakewood, CO1978121,101 94.5 %1,837 16.06 -Chuze Fitness-
34 Centennial Shopping Center EnglewoodCODenver-Aurora-Lakewood, CO2013113,682 91.8 %1,059 39.24 King Soopers (Kroger)Pet Supplies Plus-
35 Superior Marketplace SuperiorCOBoulder, CO1997278,419 94.4 %4,372 16.63 Whole Foods Market, Costco*, SuperTarget*Goldfish Swim School, Stickley Furniture, T.J.Maxx, Ulta-
36 Westminster City Center (3)WestminsterCODenver-Aurora-Lakewood, CO2020331,128 100.0 %4,495 13.58 -Barnes & Noble, David's Bridal, Five Below, Golf Galaxy, JOANN, Kids Empire, Overstock Furniture & Mattress, Ross Dress for Less, Tile Shop, Ulta-
37 The Shoppes at Fox RunGlastonburyCTHartford-East Hartford-Middletown, CT1974106,406 91.7 %2,587 26.51 Whole Foods MarketPetco-
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 41
image45.jpg



PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
38 Groton SquareGrotonCTNorwich-New London, CT1987196,802 92.9 %2,390 13.07 Super Stop & Shop (Ahold Delhaize)Kohl'sWalmart
39 Parkway PlazaHamdenCTNew Haven-Milford, CT200672,353 97.5 %987 13.99 PriceRite (Wakefern)-The Home Depot
40 The Manchester CollectionManchesterCTHartford-East Hartford-Middletown, CT2001327,775 75.5 %3,502 14.16 Walmart Supercenter*Ashley Furniture, Bed Bath & Beyond, Cost Plus World Market, DSW, Edge Fitness, Frontera Grill, Hobby LobbyBest Buy, The Home Depot, Walmart
41 Turnpike PlazaNewingtonCTHartford-East Hartford-Middletown, CT2004149,894 98.1 %2,447 16.64 Price ChopperDick's Sporting Goods-
42 North Haven CrossingNorth HavenCTNew Haven-Milford, CT1993103,865 95.3 %1,769 17.86 -Barnes & Noble, Dollar Tree, DSW, Five Below, Lumber Liquidators, PetSmart-
43 Christmas Tree PlazaOrangeCTNew Haven-Milford, CT1996132,791 68.8 %1,315 14.40 -Christmas Tree Shops-
44 Stratford SquareStratfordCTBridgeport-Stamford-Norwalk, CT1984161,075 97.3 %2,486 15.86 -LA Fitness, Marshalls-
45 Torrington PlazaTorringtonCTTorrington, CT1994125,496 82.3 %1,142 11.05 -Eblens Outlet, JOANN, Staples, T.J.Maxx-
46 Waterbury PlazaWaterburyCTNew Haven-Milford, CT2000183,096 81.3 %2,059 13.84 Super Stop & Shop (Ahold Delhaize)Dollar TreeTarget
47 Waterford CommonsWaterfordCTNorwich-New London, CT2004236,730 92.6 %4,019 18.32 -Dick’s Sporting Goods, DSW, Michaels, Party City, Tractor Supply Co., UltaBest Buy, Raymour & Flanigan
48 North Dover CenterDoverDEDover, DE1989191,974 99.3 %2,249 11.79 -Bob's Discount Furniture, Hobby Lobby, Kirkland's, Party City, Staples, T.J.Maxx-
49 Coastal Way - Coastal LandingBrooksvilleFLTampa-St. Petersburg-Clearwater, FL2008374,598 75.5 %3,912 17.81 -Bed Bath & Beyond, Belk, HomeGoods, Marshalls, Michaels, Office Depot, Petco, Ulta-
50 Clearwater MallClearwaterFLTampa-St. Petersburg-Clearwater, FL1973300,929 88.2 %6,058 22.81 Costco*, SuperTarget*Burlington Stores, David's Bridal, Michaels, PetSmart, Ross Dress for LessLowe's
51 Coconut Creek PlazaCoconut CreekFLMiami-Fort Lauderdale-Pompano Beach, FL2005264,129 90.3 %3,587 15.04 PublixBig Lots, Harvest Church, Off the Wall Trampoline, Planet Fitness-
52 Century Plaza Shopping CenterDeerfield BeachFLMiami-Fort Lauderdale-Pompano Beach, FL200690,488 87.6 %1,921 24.24 -Broward County Library, CVS-
53 Northgate Shopping CenterDeLandFLDeltona-Daytona Beach-Ormond Beach, FL1993182,054 97.8 %1,567 8.81 PublixBig Lots, Planet Fitness, Tractor Supply Co.-
54 Sun PlazaFort Walton BeachFLCrestview-Fort Walton Beach-Destin, FL2004158,118 98.4 %1,821 11.70 PublixBealls Outlet, Books-A-Million, Office Depot, T.J.Maxx-
55 Normandy SquareJacksonvilleFLJacksonville, FL199689,822 98.8 %850 9.86 Winn-Dixie (Southeastern Grocers)Ace Hardware, Family Dollar-
56 Regency Park Shopping CenterJacksonvilleFLJacksonville, FL1985330,029 86.4 %2,210 8.39 -American Signature Furniture, Bealls Outlet, David's Bridal, Ollie's Bargain Outlet, Surplus Warehouse-
57 Ventura DownsKissimmeeFLOrlando-Kissimmee-Sanford, FL201898,191 97.5 %1,837 19.19 -Dollar Tree, LA Fitness-
58 Marketplace at WycliffeLake WorthFLMiami-Fort Lauderdale-Pompano Beach, FL2002137,020 88.9 %2,222 18.25 Walmart Neighborhood MarketWalgreens-
59 Venetian Isle Shopping CtrLighthouse PointFLMiami-Fort Lauderdale-Pompano Beach, FL1992182,314 83.0 %1,687 11.53 PublixDollar Tree, Petco, Staples, T.J.Maxx-
60 Marco Town Center (3)Marco IslandFLNaples-Marco Island, FL2020109,745 75.2 %1,814 22.80 Publix--
61 Mall at 163rd StreetMiamiFLMiami-Fort Lauderdale-Pompano Beach, FL2007343,585 71.2 %3,476 14.63 Walmart Supercenter*Citi Trends, Marshalls, Ross Dress for LessThe Home Depot
62 Shops at Palm LakesMiamiFLMiami-Fort Lauderdale-Pompano Beach, FL1996198,473 99.1 %3,617 18.39 Fresco y Más (Southeastern Grocers)dd's Discounts (Ross), LA Fitness, Ross Dress for Less-
63 Freedom Square (3)NaplesFLNaples-Marco Island, FL2020211,839 84.6 %2,319 12.95 PublixBurlington Stores, HomeGoods, Planet Fitness-
64 Naples PlazaNaplesFLNaples-Marco Island, FL2013201,795 100.0 %3,813 19.22 PublixMarshalls, Office Depot, PGA TOUR Superstore-
65 Park Shore PlazaNaplesFLNaples-Marco Island, FL2018256,948 98.0 %4,876 20.46 The Fresh MarketBig Lots, Burlington Stores, HomeGoods, Party City, Saks OFF Fifth, Yard House-
66 Chelsea PlaceNew Port RicheyFLTampa-St. Petersburg-Clearwater, FL199281,144 100.0 %1,109 13.67 PublixZone Fitness Club-
67 Presidential Plaza WestNorth LauderdaleFLMiami-Fort Lauderdale-Pompano Beach, FL200688,441 97.5 %1,025 11.89 Sedano'sFamily Dollar-
68 Colonial MarketplaceOrlandoFLOrlando-Kissimmee-Sanford, FL1986141,069 100.0 %2,531 17.94 -Burlington Stores, LA FitnessTarget
69 Conway CrossingOrlandoFLOrlando-Kissimmee-Sanford, FL200276,321 96.9 %1,077 14.57 Publix--
70 Hunter's Creek PlazaOrlandoFLOrlando-Kissimmee-Sanford, FL199872,683 94.6 %1,131 16.44 Seabra FoodsOffice Depot-
71 Pointe Orlando (3)OrlandoFLOrlando-Kissimmee-Sanford, FL2020415,615 83.4 %9,901 29.13 -Capital Grille, Hampton Social, Main Event, Regal Cinemas, Rodizio Grill-
72 Martin Downs Town CenterPalm CityFLPort St. Lucie, FL199664,546 100.0 %839 13.00 Publix--
73 Martin Downs Village CenterPalm CityFLPort St. Lucie, FL1987165,468 93.5 %2,967 19.72 -Coastal Care, Walgreens-
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 42
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PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
74 23rd Street StationPanama CityFLPanama City, FL199598,827 92.8 %1,238 13.50 Publix--
75 Panama City SquarePanama CityFLPanama City, FL1989298,665 98.5 %2,550 8.67 Walmart SupercenterBig Lots, Harbor Freight Tools, HomeGoods, T.J.Maxx-
76 East Port PlazaPort St. LucieFLPort St. Lucie, FL1991214,489 84.1 %2,510 13.91 PublixFortis Institute, Urban Air Adventure Park, Walgreens-
77 Shoppes of Victoria SquarePort St. LucieFLPort St. Lucie, FL199095,186 94.9 %1,206 13.35 Winn-Dixie (Southeastern Grocers)Dollar Tree-
78 Lake St. CharlesRiverviewFLTampa-St. Petersburg-Clearwater, FL199961,015 100.0 %738 12.94 Winn-Dixie (Southeastern Grocers)--
79 Cobblestone VillageRoyal Palm BeachFLMiami-Fort Lauderdale-Pompano Beach, FL200539,404 93.9 %773 20.90 SuperTarget*The Zoo Health Club-
80 Beneva Village ShoppesSarasotaFLNorth Port-Sarasota-Bradenton, FL2020144,078 98.7 %2,605 18.32 PublixHarbor Freight Tools, Pet Supermarket, Walgreens-
81 Sarasota VillageSarasotaFLNorth Port-Sarasota-Bradenton, FL1972173,184 100.0 %2,121 12.56 PublixBig Lots, Crunch Fitness, HomeGoods-
82 Atlantic PlazaSatellite BeachFLPalm Bay-Melbourne-Titusville, FL2008130,301 74.3 %1,411 14.58 PublixPlanet Fitness-
83 Seminole PlazaSeminoleFLTampa-St. Petersburg-Clearwater, FL2020156,718 98.4 %2,050 13.29 Sprouts Farmers MarketBealls Outlet, Burlington Stores, T.J.Maxx-
84 Cobblestone VillageSt. AugustineFLJacksonville, FL2003265,464 92.0 %3,479 14.24 PublixBealls, Bed Bath & Beyond, Michaels, Party City, Petco-
85 Dolphin VillageSt. Pete BeachFLTampa-St. Petersburg-Clearwater, FL1990136,224 72.8 %1,618 16.31 PublixCVS, Dollar Tree -
86 Rutland PlazaSt. PetersburgFLTampa-St. Petersburg-Clearwater, FL2002149,562 99.1 %1,383 9.33 Winn-Dixie (Southeastern Grocers)Bealls Outlet, Big Lots-
87 Tyrone Gardens St. PetersburgFLTampa-St. Petersburg-Clearwater, FL1998202,384 76.8 %1,601 10.31 Winn-Dixie (Southeastern Grocers)Big Lots, Chuck E. Cheese’s-
88 Downtown PublixStuartFLPort St. Lucie, FL2000151,246 81.9 %1,634 13.20 PublixFlooring USA-
89 Sunrise Town CenterSunriseFLMiami-Fort Lauderdale-Pompano Beach, FL1989110,109 93.3 %1,284 12.49 Patel BrothersDollar Tree, LA FitnessWalmart
90 Carrollwood CenterTampaFLTampa-St. Petersburg-Clearwater, FL200292,678 95.3 %1,676 18.98 PublixRarehues-
91 Ross PlazaTampaFLTampa-St. Petersburg-Clearwater, FL199689,207 98.2 %1,405 16.04 -Dollar Tree, Lumber Liquidators, Ross Dress for Less-
92 Tarpon MallTarpon SpringsFLTampa-St. Petersburg-Clearwater, FL2003145,832 97.9 %2,360 16.52 PublixPetco, T.J.Maxx, Ulta-
93 Venice PlazaVeniceFLNorth Port-Sarasota-Bradenton, FL1999132,345 90.2 %877 7.34 Winn-Dixie (Southeastern Grocers)Lumber Liquidators, Pet Supermarket, T.J.Maxx-
94 Venice Shopping CenterVeniceFLNorth Port-Sarasota-Bradenton, FL2000109,801 57.4 %447 7.10 Publix--
95 Venice Village (3)VeniceFLNorth Port-Sarasota-Bradenton, FL2020178,542 92.1 %2,609 15.87 PublixJOANN, Planet Fitness-
96 Albany PlazaAlbanyGAAlbany, GA1995114,169 80.9 %618 6.70 Harveys (Southeastern Grocers)OK Beauty & Fashions Outlet-
97 Mansell CrossingAlpharettaGAAtlanta-Sandy Springs-Alpharetta, GA1993280,749 88.4 %3,439 18.78 -Barnes & Noble, DSW, Macy's Furniture Gallery, REI, T.J.MaxxStudio Movie Grill
98 Northeast PlazaAtlantaGAAtlanta-Sandy Springs-Alpharetta, GA1952445,042 80.9 %4,549 12.94 City Farmers Marketdd's Discounts (Ross), NCG Cinemas -
99 Augusta West PlazaAugustaGAAugusta-Richmond County, GA-SC2006170,681 96.0 %1,339 8.18 -At Home, Dollar Tree, Hibachi Grill & Supreme Buffet, Octapharma-
100 Sweetwater VillageAustellGAAtlanta-Sandy Springs-Alpharetta, GA198566,197 97.8 %531 8.20 Food DepotFamily Dollar-
101 Vineyards at Chateau ElanBraseltonGAAtlanta-Sandy Springs-Alpharetta, GA200279,047 93.8 %1,122 15.13 Publix--
102 Cedar PlazaCedartownGACedartown, GA199483,300 100.0 %721 8.66 KrogerPlanet Fitness-
103 Conyers PlazaConyersGAAtlanta-Sandy Springs-Alpharetta, GA2001171,374 98.1 %2,284 13.58 Walmart Supercenter*JOANN, PetSmart, Value VillageThe Home Depot
104 Cordele SquareCordeleGACordele, GA2002127,953 85.4 %759 6.95 Harveys (Southeastern Grocers)Belk, Citi Trends, Cordele Theatres-
105 Salem Road StationCovingtonGAAtlanta-Sandy Springs-Alpharetta, GA200067,270 94.2 %751 11.85 Publix--
106 Keith Bridge CommonsCummingGAAtlanta-Sandy Springs-Alpharetta, GA200294,886 95.1 %1,230 13.63 Kroger--
107 Northside DaltonGADalton, GA200173,931 97.3 %631 8.77 -Family Dollar-
108 Cosby StationDouglasvilleGAAtlanta-Sandy Springs-Alpharetta, GA199477,811 97.3 %887 11.72 Publix--
109 Park Plaza DouglasvilleGAAtlanta-Sandy Springs-Alpharetta, GA198646,670 76.9 %690 19.33 Kroger*--
110 WestgateDublinGADublin, GA2004110,738 81.5 %674 7.79 -Big Lots, Planet FitnessThe Home Depot
111 Venture PointeDuluthGAAtlanta-Sandy Springs-Alpharetta, GA1995155,172 100.0 %1,648 10.62 -American Signature Furniture, Ollie's Bargain Outlet, Studio Movie Grill-
112 Banks StationFayettevilleGAAtlanta-Sandy Springs-Alpharetta, GA2006178,871 80.6 %1,316 10.84 Food DepotCinemark, Staples-
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 43
image45.jpg



PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
113 Barrett PlaceKennesawGAAtlanta-Sandy Springs-Alpharetta, GA1992218,818 100.0 %2,465 11.27 ALDIBest Buy, Duluth Trading, Michaels, OfficeMax, PetSmart, The Furniture Mall-
114 Shops of HuntcrestLawrencevilleGAAtlanta-Sandy Springs-Alpharetta, GA200397,040 95.9 %1,363 14.64 Publix--
115 Mableton WalkMabletonGAAtlanta-Sandy Springs-Alpharetta, GA1994105,884 89.6 %1,434 15.11 Publix--
116 The Village at MabletonMabletonGAAtlanta-Sandy Springs-Alpharetta, GA1959229,013 56.5 %1,052 8.13 -Dollar Tree, Ollie's Bargain Outlet, Planet Fitness-
117 Marshalls at Eastlake MariettaGAAtlanta-Sandy Springs-Alpharetta, GA198254,976 87.8 %513 10.63 -Marshalls-
118 New Chastain CornersMariettaGAAtlanta-Sandy Springs-Alpharetta, GA2004113,079 92.4 %1,172 11.22 Kroger--
119 Pavilions at EastlakeMariettaGAAtlanta-Sandy Springs-Alpharetta, GA1996145,853 93.9 %2,066 15.08 KrogerKayhill's Sports Bar and Grill-
120 Creekwood VillageRexGAAtlanta-Sandy Springs-Alpharetta, GA199069,778 93.6 %606 9.28 Food Depot--
121 Holcomb Bridge CrossingRoswellGAAtlanta-Sandy Springs-Alpharetta, GA198893,420 93.6 %966 11.05 -PGA TOUR Superstore-
122 Victory SquareSavannahGASavannah, GA2007119,919 94.7 %1,670 14.71 SuperTarget*Citi Trends, Dollar Tree, NCG Cinemas, StaplesThe Home Depot
123 Stockbridge VillageStockbridgeGAAtlanta-Sandy Springs-Alpharetta, GA2008188,135 94.9 %2,942 16.47 Kroger--
124 Stone Mountain FestivalStone MountainGAAtlanta-Sandy Springs-Alpharetta, GA2006347,091 95.9 %1,642 4.94 Walmart SupercenterHobby Lobby, NCG Cinemas-
125 Wilmington IslandWilmington IslandGASavannah, GA1985101,462 98.4 %1,126 11.28 Kroger--
126 Haymarket MallDes MoinesIADes Moines-West Des Moines, IA1979243,120 91.3 %1,470 6.77 -Burlington Stores, Harbor Freight Tools, Hobby Lobby-
127 Haymarket SquareDes MoinesIADes Moines-West Des Moines, IA1979269,705 97.0 %1,735 6.63 Price ChopperAspen Athletic Clubs, Big Lots, Northern Tool + Equipment, Office Depot-
128 Annex of ArlingtonArlington HeightsILChicago-Naperville-Elgin, IL-IN-WI1999199,463 93.3 %3,565 19.16 Trader Joe'sChuck E. Cheese's, Kirkland's, Petco, Ulta -
129 Ridge PlazaArlington HeightsILChicago-Naperville-Elgin, IL-IN-WI2000151,643 72.3 %1,872 17.07 -XSport FitnessKohl's
130 Southfield PlazaBridgeviewILChicago-Naperville-Elgin, IL-IN-WI2006196,445 99.3 %2,371 12.16 Shop & Save MarketHobby Lobby, Octapharma, Planet Fitness, Walgreens-
131 Commons of Chicago RidgeChicago RidgeILChicago-Naperville-Elgin, IL-IN-WI1998324,977 92.6 %4,433 15.92 -Marshalls, Ross Dress for Less, The Home Depot, XSport Fitness-
132 Rivercrest Shopping CenterCrestwoodILChicago-Naperville-Elgin, IL-IN-WI1992541,651 93.2 %6,120 12.86 -AMC Theatres, At Home, Best Buy, Burlington Stores, Five Below, Party City, PetSmart, Planet Fitness, Ross Dress for Less-
133 The Commons of Crystal LakeCrystal LakeILChicago-Naperville-Elgin, IL-IN-WI1987273,060 81.4 %2,290 10.31 Jewel-Osco (Albertsons)Burlington StoresHobby Lobby
134 Elk Grove Town CenterElk Grove VillageILChicago-Naperville-Elgin, IL-IN-WI199862,009 75.7 %978 20.84 -Walgreens-
135 Freeport PlazaFreeportILFreeport, IL200087,846 92.6 %608 7.47 Cub Foods (United Natural Foods Inc.)--
136 The Quentin CollectionKildeerILChicago-Naperville-Elgin, IL-IN-WI2006171,530 79.6 %1,998 14.64 -Best Buy, Painted Tree Marketplace, PetSmart-
137 Butterfield SquareLibertyvilleILChicago-Naperville-Elgin, IL-IN-WI1997106,683 80.4 %1,342 15.64 Sunset Foods--
138 High Point CentreLombardILChicago-Naperville-Elgin, IL-IN-WI2019245,407 60.6 %1,755 11.81 -Altitude Trampoline Park, David's Bridal, JOANN, LA Fitness-
139 Long Meadow CommonsMundeleinILChicago-Naperville-Elgin, IL-IN-WI1997118,281 93.9 %1,722 16.36 Jewel-OscoPlanet Fitness-
140 Westridge Court (2)NapervilleILChicago-Naperville-Elgin, IL-IN-WI1992682,626 67.5 %6,231 13.76 -Bed Bath & Beyond, buybuy BABY, Cost Plus World Market, Edge Fitness, Painted Tree Marketplace, Party City, Star Cinema Grill, Ulta-
141 Rollins CrossingRound Lake BeachILChicago-Naperville-Elgin, IL-IN-WI1998192,913 94.5 %1,978 18.05 -LA Fitness, Regal Cinemas-
142 Tinley Park PlazaTinley ParkILChicago-Naperville-Elgin, IL-IN-WI1973254,313 78.5 %2,452 12.28 TBA, Walt's Fine FoodsPlanet Fitness, Tile Shop-
143 Meridian VillageCarmelINIndianapolis-Carmel-Anderson, IN1990130,769 94.7 %1,230 9.93 -Godby Home Furnishings, Ollie's Bargain Outlet-
144 Columbus CenterColumbusINColumbus, IN1964145,789 97.8 %1,814 12.72 -Big Lots, Five Below, OfficeMax, Pet Supplies Plus, T.J.Maxx, UltaTarget
145 Apple Glen CrossingFort WayneINFort Wayne, IN2002150,163 86.4 %1,703 17.01 Walmart Supercenter*Best Buy, Dick's Sporting Goods, PetSmartKohl's
146 Market CentreGoshenINElkhart-Goshen, IN1994257,748 93.7 %2,176 16.48 Walmart Supercenter*Burlington Stores, JOANN, Ross Dress for Less, Staples-
147 Lincoln PlazaNew HavenINFort Wayne, IN196898,288 58.3 %391 6.83 Kroger--
148 Speedway Super Center (3)SpeedwayINIndianapolis-Carmel-Anderson, IN2020595,550 86.4 %5,781 11.46 KrogerBurlington Stores, Kohl's, Oak Street Health Center, Petco, Ross Dress for Less, Sears Outlet, T.J.Maxx-
149 Sagamore Park CentreWest LafayetteINLafayette-West Lafayette, IN2018132,027 100.0 %1,362 10.32 Pay Less (Kroger)--
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 44
image45.jpg



PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
150 Westchester SquareLenexaKSKansas City, MO-KS1987161,701 90.3 %1,461 10.00 Hy-Vee--
151 West Loop Shopping CenterManhattanKSManhattan, KS2013217,261 97.6 %2,039 15.50 Dillons (Kroger)Bellus Academy, JOANN, Marshalls-
152 North Dixie PlazaElizabethtownKYElizabethtown-Fort Knox, KY1992130,466 100.0 %1,065 8.16 -At Home, Staples-
153 Florence Plaza - Florence Square (2)FlorenceKYCincinnati, OH-KY-IN2014686,875 94.2 %7,607 14.95 KrogerBarnes & 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, Staples, T.J.Maxx-
154 Jeffersontown CommonsJeffersontownKYLouisville/Jefferson County, KY-IN1959208,374 95.9 %1,927 10.15 -King Pin Lanes, Louisville Athletic Club-
155 London MarketplaceLondonKYLondon, KY1994165,826 100.0 %1,565 9.44 KrogerGoody's, Kohl's, Marshalls, Planet Fitness-
156 Eastgate Shopping CenterLouisvilleKYLouisville/Jefferson County, KY-IN2002174,947 96.5 %1,930 11.43 KrogerPetco -
157 Plainview VillageLouisvilleKYLouisville/Jefferson County, KY-IN1997157,971 86.6 %1,443 11.16 Kroger--
158 Stony Brook I & IILouisvilleKYLouisville/Jefferson County, KY-IN1988158,940 95.1 %1,827 12.08 Kroger Marketplace--
159 The Pines Shopping CenterPinevilleLAAlexandria, LA1991179,039 71.4 %950 7.43 Super 1 FoodsOllie's Bargain Outlet-
160 Points West PlazaBrocktonMABoston-Cambridge-Newton, MA-NH1960131,078 94.0 %1,034 8.39 America's Food BasketCiti Trends, Crunch Fitness, L&M Bargain-
161 Burlington Square I, II & IIIBurlingtonMABoston-Cambridge-Newton, MA-NH199279,698 84.4 %1,904 28.31 -Golf Galaxy, StaplesDuluth Trading Co.
162 Holyoke Shopping CenterHolyokeMASpringfield, MA2000195,995 99.2 %1,787 13.16 Super Stop & Shop (Ahold Delhaize)JOANN, Ocean State Job Lot-
163 WaterTower PlazaLeominsterMAWorcester, MA-CT2000284,757 91.7 %2,852 11.36 -Barnes & Noble, Michaels, Party City, Petco, Staples, T.J.Maxx-
164 Lunenberg CrossingLunenburgMAWorcester, MA-CT199425,515 76.5 %291 14.91 Hannaford Bros. (Ahold Delhaize)*-Walmart
165 Lynn MarketplaceLynnMABoston-Cambridge-Newton, MA-NH196878,046 69.3 %1,076 19.88 Stop And CompareRainbow Shops-
166 Webster Square Shopping CenterMarshfieldMABoston-Cambridge-Newton, MA-NH2005182,756 94.1 %2,472 14.38 Star Market (Albertsons)Marshalls, Ocean State Job Lot-
167 Berkshire CrossingPittsfieldMAPittsfield, MA1994192,944 97.4 %2,999 16.35 Market 32Barnes & Noble, Michaels, Staples, UltaThe Home Depot, Walmart
168 Westgate PlazaWestfieldMASpringfield, MA1996123,673 98.9 %1,421 14.27 ALDIFive Below, Ocean State Job Lot, Staples, T.J.Maxx-
169 Perkins Farm MarketplaceWorcesterMAWorcester, MA-CT1967205,048 97.4 %2,314 18.62 Super Stop & Shop (Ahold Delhaize)Citi Trends, Crunch Fitness, Ollie's Bargain Outlet-
170 South Plaza Shopping CenterCaliforniaMDCalifornia-Lexington Park, MD200592,335 100.0 %1,788 19.36 -Best Buy, Old Navy, Petco, Ross Dress for Less-
171 Campus Village ShoppesCollege ParkMDWashington-Arlington-Alexandria, DC-VA-MD-WV198625,529 100.0 %877 34.35 ---
172 Fox RunPrince FrederickMDWashington-Arlington-Alexandria, DC-VA-MD-WV1997297,844 77.9 %3,286 14.17 Giant Food (Ahold Delhaize)Five Below, JOANN, Planet Fitness-
173 Pine Tree Shopping CenterPortlandMEPortland-South Portland, ME1958287,513 94.8 %1,784 17.12 -Big Lots, Dollar Tree, JOANN, Lowe's, O'Reilly Auto Parts-
174 Arborland CenterAnn ArborMIAnn Arbor, MI2000403,536 92.3 %6,589 17.95 KrogerBed Bath & Beyond, DSW, Gardner White Furniture, Marshalls, Michaels, Nordstrom Rack, Ulta-
175 Maple VillageAnn ArborMIAnn Arbor, MI2020294,029 98.6 %4,776 16.47 Plum MarketDunham's Sports, HomeGoods, LA Fitness, Sierra Trading Post, Stein Mart, Ulta-
176 Grand CrossingBrightonMIDetroit-Warren-Dearborn, MI200585,389 93.0 %938 11.82 Busch’s Fresh Food MarketAce Hardware-
177 Farmington CrossroadsFarmingtonMIDetroit-Warren-Dearborn, MI198679,068 100.0 %857 10.84 -Dollar Tree, Ollie's Bargain Outlet, True Value-
178 Silver Pointe Shopping CenterFentonMIFlint, MI1996164,625 97.0 %2,010 12.68 VG's Food (SpartanNash)Dunham's Sports, Glik'sFive Below, Michaels, T.J.Maxx
179 Cascade East Grand RapidsMIGrand Rapids-Kentwood, MI198399,529 77.3 %599 7.78 D&W Fresh Market (SpartanNash)--
180 Delta CenterLansingMILansing-East Lansing, MI1985188,646 83.4 %1,481 9.56 -Bed Bath & Beyond, DXL Destination XL, Hobby Lobby, Planet Fitness-
181 Lakes CrossingMuskegonMIMuskegon, MI2008104,600 88.4 %1,381 14.93 -JOANN, Party City, Shoe Carnival, UltaKohl's
182 Redford PlazaRedfordMIDetroit-Warren-Dearborn, MI1992280,883 86.6 %2,698 11.09 Prince Valley MarketBlink Fitness (Equinox), Burlington Stores, Citi Trends, Dollar Tree-
183 Hampton Village CentreRochester HillsMIDetroit-Warren-Dearborn, MI2004464,931 91.1 %6,132 19.39 -Best Buy, DSW, Emagine Theatre, Kohl's, Old Navy, Petco, T.J.Maxx, UltaTarget
184 Fashion CornersSaginawMISaginaw, MI2004184,735 97.2 %1,851 10.31 -Bed Bath & Beyond, Best Buy, Dunham's Sports, Guitar Center, Harbor Freight Tools-
185 Southfield PlazaSouthfieldMIDetroit-Warren-Dearborn, MI1970101,724 100.0 %1,193 11.73 -Party City, Planet FitnessBurlington Stores
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 45
image45.jpg



PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
186 18 RyanSterling HeightsMIDetroit-Warren-Dearborn, MI1997101,564 95.1 %967 10.01 Dream MarketO'Reilly Auto Parts, Planet Fitness-
187 Delco PlazaSterling HeightsMIDetroit-Warren-Dearborn, MI1996154,853 100.0 %1,107 7.15 -Amish Direct Furniture, Bed Bath & Beyond, Dunham's Mega Sports, Urban Air Adventure Park-
188 West RidgeWestlandMIDetroit-Warren-Dearborn, MI1989162,874 75.8 %1,369 11.09 -Bed Bath & Beyond, Crunch Fitness, Party City, PetcoBurlington Stores, Target
189 Washtenaw Fountain PlazaYpsilantiMIAnn Arbor, MI2005122,762 67.5 %690 8.33 Save-A-LotDollar Tree, Planet Fitness-
190 Southport Centre I - VIApple ValleyMNMinneapolis-St. Paul-Bloomington, MN-WI1985124,243 97.2 %2,230 18.47 SuperTarget*Best Buy, Dollar Tree, Walgreens-
191 Burning Tree PlazaDuluthMNDuluth, MN-WI1987183,087 98.2 %2,382 13.25 -Best Buy, David's Bridal, HomeGoods, JOANN, T.J.Maxx-
192 Elk Park CenterElk RiverMNMinneapolis-St. Paul-Bloomington, MN-WI1999205,009 85.8 %1,966 11.18 Cub Foods (Jerry's Foods)--
193 Westwind PlazaMinnetonkaMNMinneapolis-St. Paul-Bloomington, MN-WI200791,607 97.0 %1,821 21.35 Cub Foods (United Natural Foods Inc.)*--
194 Richfield HubRichfieldMNMinneapolis-St. Paul-Bloomington, MN-WI1952213,595 91.1 %2,175 11.18 -Marshalls, Michaels-
195 Roseville Center (3)Roseville MNMinneapolis-St. Paul-Bloomington, MN-WI202080,165 95.7 %1,034 19.83 ALDI, Cub Foods (Jerry's Foods)*Dollar Tree-
196 Marketplace @ 42SavageMNMinneapolis-St. Paul-Bloomington, MN-WI1999114,567 88.5 %1,579 15.57 Fresh Thyme Farmers MarketMarshalls-
197 Sun Ray Shopping CenterSt. PaulMNMinneapolis-St. Paul-Bloomington, MN-WI1958290,897 83.7 %2,329 13.12 Cub Foods (United Natural Foods Inc.)BioLife Plasma Services, Planet Fitness, T.J.Maxx, Valu Thrift Store-
198 White Bear Hills Shopping CenterWhite Bear LakeMNMinneapolis-St. Paul-Bloomington, MN-WI199673,095 94.2 %823 11.96 Festival FoodsDollar Tree-
199 Ellisville SquareEllisvilleMOSt. Louis, MO-IL1989137,446 95.5 %1,675 13.08 ALDIMichaels, Party City, Petco, Tuesday Morning-
200 Hub Shopping CenterIndependenceMOKansas City, MO-KS1995160,423 94.8 %884 6.20 Price ChopperDollar Tree-
201 Watts Mill PlazaKansas CityMOKansas City, MO-KS1997161,717 100.0 %1,384 8.56 Price ChopperAce Hardware-
202 Liberty CornersLibertyMOKansas City, MO-KS1987124,808 93.1 %1,051 9.05 Price Chopper--
203 Maplewood SquareMaplewoodMOSt. Louis, MO-IL199871,590 91.1 %426 6.53 Schnucks--
204 Devonshire PlaceCaryNCRaleigh-Cary, NC1996106,680 100.0 %1,572 15.05 -Burlington Stores, Dollar Tree, Harbor Freight Tools, REI-
205 McMullen Creek MarketCharlotteNCCharlotte-Concord-Gastonia, NC-SC1988281,924 91.0 %3,994 15.56 Walmart Neighborhood MarketBurlington Stores, Dollar Tree, Staples-
206 The Commons at Chancellor ParkCharlotteNCCharlotte-Concord-Gastonia, NC-SC1994348,604 89.6 %1,937 9.37 Patel BrothersBig Lots, Gabriel Brothers, The Home Depot, Value City Furniture-
207 Macon PlazaFranklinNC200192,583 75.6 %494 17.77 BI-LO (Southeastern Grocers)--
208 Garner Towne SquareGarnerNCRaleigh-Cary, NC1997184,346 100.0 %2,312 12.54 -Burn Boot Camp, Citi Trends, OfficeMax, PetSmartTarget, The Home Depot
209 Franklin SquareGastoniaNCCharlotte-Concord-Gastonia, NC-SC1989317,824 89.8 %3,496 13.71 Walmart SupercenterBest Buy, Burke's Outlet, Dollar Tree, Five Below, Michaels, Partners in Primary Care, Ross Dress for Less, Skechers-
210 Wendover PlaceGreensboroNCGreensboro-High Point, NC2000406,768 96.2 %5,478 14.00 -Burlington Stores, Christmas Tree Shops, Dick's Sporting Goods, Kohl's, Michaels, Old Navy, PetSmart, Rainbow Shops, Ross Dress for LessTarget
211 University CommonsGreenvilleNCGreenville, NC1996233,153 84.9 %2,860 14.45 Harris Teeter (Kroger)Barnes & Noble, Petco, T.J.MaxxTarget
212 Valley CrossingHickoryNCHickory-Lenoir-Morganton, NC2014191,431 99.4 %1,797 9.45 -Academy Sports + Outdoors, American Freight Furniture, Dollar Tree, Harbor Freight Tools, Ollie's Bargain Outlet-
213 Kinston PointeKinstonNCKinston, NC2001250,580 100.0 %1,095 4.37 Walmart SupercenterDollar Tree-
214 Magnolia PlazaMorgantonNCHickory-Lenoir-Morganton, NC199093,553 82.3 %636 8.26 -Big Lots, Harbor Freight ToolsRural King
215 Roxboro SquareRoxboroNCDurham-Chapel Hill, NC200597,226 100.0 %1,559 16.04 -Person County Health & Human Services-
216 Innes Street MarketSalisburyNCCharlotte-Concord-Gastonia, NC-SC2002349,425 100.0 %4,192 12.00 Food Lion (Ahold Delhaize)Lowe's, Marshalls, Old Navy, PetSmart, Staples, Tinseltown-
217 CrossroadsStatesvilleNCCharlotte-Concord-Gastonia, NC-SC1997340,189 99.3 %2,293 6.79 Walmart SupercenterBig Lots, Burkes Outlet, Tractor Supply Co.-
218 Anson StationWadesboroNCCharlotte-Concord-Gastonia, NC-SC1988132,353 84.0 %732 6.58 Food Lion (Ahold Delhaize)Rose's, Tractor Supply Co.-
219 New Centre MarketWilmingtonNCWilmington, NC1998143,762 89.6 %1,717 13.74 -PetSmart, Sportsmans WarehouseTarget
220 University CommonsWilmingtonNCWilmington, NC2007235,345 99.4 %3,538 15.12 Lowes FoodsHomeGoods, T.J.Maxx-
221 Whitaker SquareWinston SalemNCWinston-Salem, NC199682,760 94.9 %1,153 14.68 Harris Teeter (Kroger)--
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 46
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PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
222 Parkway PlazaWinston-SalemNCWinston-Salem, NC2005282,493 86.1 %2,932 13.07 Super Compare FoodsBadcock Home Furniture, Citi Trends, Modern Home, Office Depot -
223 Stratford CommonsWinston-SalemNCWinston-Salem, NC199572,308 100.0 %899 12.43 -Golf Galaxy, Mattress Firm, OfficeMax-
224 Bedford GroveBedfordNHManchester-Nashua, NH1989216,699 41.3 %1,497 16.74 -Bed Bath & Beyond, Boston Interiors-
225 Capitol Shopping CenterConcordNHConcord, NH2001191,887 100.0 %2,241 12.54 Market Basket (DeMoulas Supermarkets)Burlington Stores, JOANN, Marshalls-
226 Willow Springs PlazaNashua NHManchester-Nashua, NH1990131,248 100.0 %2,398 19.92 Patel BrothersNew Hampshire Liquor and Wine Outlet, PetcoThe Home Depot
227 Seacoast Shopping CenterSeabrook NHBoston-Cambridge-Newton, MA-NH199191,690 82.3 %486 6.70 -JOANN, NH1 MotorPlexAshley Furniture, Cardi's Furniture, Ocean State Job Lot
228 Tri-City PlazaSomersworthNHBoston-Cambridge-Newton, MA-NH1990150,004 96.7 %1,445 9.96 Market Basket (DeMoulas Supermarkets)Staples, T.J.Maxx-
229 Laurel Square (3)BrickNJNew York-Newark-Jersey City, NY-NJ-PA2020246,235 80.9 %1,779 8.93 Corrado's MarketAt Home, Dollar Tree, Planet Fitness, Senior Helpers Town Square-
230 The Shoppes at CinnaminsonCinnaminsonNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2010301,211 93.2 %4,515 24.35 ShopRiteBurlington Stores, Planet Fitness, Ross Dress For Less-
231 Acme ClarkClarkNJNew York-Newark-Jersey City, NY-NJ-PA200752,812 100.0 %1,422 26.93 Acme (Albertsons)--
232 Collegetown Shopping Center (3)GlassboroNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2020247,991 91.0 %3,050 13.69 LIDLBig Lots, LA Fitness, Ross Dress for Less, Staples-
233 Hamilton PlazaHamiltonNJTrenton-Princeton, NJ1972160,969 97.5 %1,853 11.81 -Dollar Tree, Hibachi Grill & Supreme Buffet, Planet Fitness, Rothman Orthopaedic Institue-
234 Bennetts Mills PlazaJacksonNJNew York-Newark-Jersey City, NY-NJ-PA2002127,230 91.0 %1,540 13.31 Super Stop & Shop (Ahold Delhaize)--
235 Marlton CrossingMarltonNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2019335,378 97.8 %6,736 20.66 Sprouts Farmers MarketBurlington Stores, DSW, HomeGoods, Michaels, T.J. Maxx-
236 Middletown PlazaMiddletownNJNew York-Newark-Jersey City, NY-NJ-PA2001197,066 99.2 %3,833 19.87 ShopRitePetco, Rite Aid-
237 Larchmont CentreMount LaurelNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1985103,787 86.1 %1,103 32.23 ShopRite--
238 Old Bridge GatewayOld BridgeNJNew York-Newark-Jersey City, NY-NJ-PA1995254,707 95.6 %4,384 18.01 Bhavani Food Market, TBAMarshalls, Pep Boys, Petco, Robert Wood Johnson Fitness-
239 Morris Hills Shopping CenterParsippanyNJNew York-Newark-Jersey City, NY-NJ-PA1994159,561 99.5 %3,076 19.37 -Blink Fitness (Equinox), Cinepolis, HomeGoods, Marshalls-
240 Rio Grande PlazaRio GrandeNJOcean City, NJ1997136,822 93.3 %1,479 11.59 ShopRite*PetSmart, Planet Fitness-
241 Ocean Heights PlazaSomers PointNJAtlantic City-Hammonton, NJ2006179,199 90.6 %3,198 19.69 ShopRiteDollar Tree, Staples-
242 Springfield PlaceSpringfieldNJNew York-Newark-Jersey City, NY-NJ-PA196536,209 100.0 %655 18.09 ShopRite--
243 Tinton Falls PlazaTinton FallsNJNew York-Newark-Jersey City, NY-NJ-PA200687,760 100.0 %1,625 18.52 -Dollar Tree, Jersey Strong-
244 Cross Keys CommonsTurnersvilleNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1989216,205 88.4 %2,869 15.61 Walmart Supercenter*Dollar Tree, Marshalls, Rainbow Shops, Ross Dress for Less, Staples, Ulta-
245 Parkway PlazaCarle PlaceNYNew York-Newark-Jersey City, NY-NJ-PA199389,704 100.0 %2,818 31.41 -Minado, Stew Leonard's Wines, T.J.Maxx-
246 Erie Canal CentreDeWittNYSyracuse, NY2018128,404 100.0 %1,954 15.22 -Burlington Stores, Dick's Sporting Goods, Michaels-
247 Unity Plaza East FishkillNYPoughkeepsie-Newburgh-Middletown, NY200567,462 100.0 %1,438 21.32 Acme (Albertsons)True Value-
248 Suffolk PlazaEast SetauketNYNew York-Newark-Jersey City, NY-NJ-PA199884,480 70.1 %1,406 23.73 BJ's Wholesale*, TBA-Kohl's, Walmart
249 Three Village Shopping CenterEast SetauketNYNew York-Newark-Jersey City, NY-NJ-PA199177,458 97.7 %2,113 27.93 Stop & Shop*, Wild by Nature Market*Ace HardwareRite Aid
250 Stewart Plaza (3)Garden CityNYNew York-Newark-Jersey City, NY-NJ-PA2020208,394 98.8 %3,513 17.06 -Burlington Stores, Dollar Tree, Floor & Décor, K&G Fashion Superstore, Phenix Salon Suites-
251 Dalewood I, II & III Shopping CenterHartsdaleNYNew York-Newark-Jersey City, NY-NJ-PA1972194,441 86.6 %6,341 38.58 H-MartChristmas Tree Shops, T.J.Maxx-
252 Cayuga MallIthacaNYIthaca, NY1969204,405 99.1 %1,840 9.81 -Big Lots, Dollar Tree, JOANN, Party City, Planet Fitness, Rite Aid, True Value-
253 Kings Park PlazaKings ParkNYNew York-Newark-Jersey City, NY-NJ-PA198572,208 100.0 %1,611 22.31 Key Food MarketplaceT.J.Maxx-
254 Village Square Shopping CenterLarchmontNYNew York-Newark-Jersey City, NY-NJ-PA198117,000 100.0 %610 35.88 Trader Joe's--
255 Falcaro's PlazaLawrenceNYNew York-Newark-Jersey City, NY-NJ-PA197261,904 100.0 %1,487 24.02 KolSave Market*Advance Auto Parts, Dollar Tree, Planet Fitness-
256 Mamaroneck Centre (3)MamaroneckNYNew York-Newark-Jersey City, NY-NJ-PA202036,848 95.1 %1,329 37.93 North Shore FarmsCVS-
257 Sunshine SquareMedfordNYNew York-Newark-Jersey City, NY-NJ-PA2007223,322 97.0 %3,142 14.95 Super Stop & Shop (Ahold Delhaize)Lumber Liquidators, Planet Fitness, Savers-
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 47
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PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
258 Wallkill PlazaMiddletownNYPoughkeepsie-Newburgh-Middletown, NY1986209,910 97.0 %2,192 11.11 -Ashley Furniture, Big Lots, Citi Trends, David's Bridal, Hobby Lobby-
259 Monroe ShopRite PlazaMonroeNYPoughkeepsie-Newburgh-Middletown, NY1985122,007 100.0 %1,969 16.14 ShopRiteBetter Lifestyle Club, Rite Aid, U.S. Post Office-
260 Rockland PlazaNanuetNYNew York-Newark-Jersey City, NY-NJ-PA2006255,542 78.6 %5,459 27.19 A Matter of HealthBarnes & Noble, Marshalls, Petco-
261 North Ridge Shopping CenterNew RochelleNYNew York-Newark-Jersey City, NY-NJ-PA197139,097 84.0 %1,239 37.71 -Harmon Discount-
262 Nesconset Shopping CenterPort Jefferson StationNYNew York-Newark-Jersey City, NY-NJ-PA1961129,996 97.3 %3,215 25.42 -Dollar Tree, HomeGoods-
263 Roanoke PlazaRiverheadNYNew York-Newark-Jersey City, NY-NJ-PA200299,131 100.0 %1,983 20.00 Best Market (LIDL)CVS, T.J.Maxx-
264 Riverhead RiverheadNYNew York-Newark-Jersey City, NY-NJ-PA2018118,589 100.0 %2,942 24.81 Costco*HomeSense, Marshalls, Petsmart, Ulta-
265 Rockville CentreRockville CentreNYNew York-Newark-Jersey City, NY-NJ-PA197544,131 100.0 %1,243 28.17 -HomeGoods, Rite Aid-
266 College PlazaSeldenNYNew York-Newark-Jersey City, NY-NJ-PA2013184,714 89.5 %3,048 18.96 ShopRiteBob's StoresFirestone
267 Campus PlazaVestalNYBinghamton, NY2003160,744 98.4 %1,873 11.84 -Olum's Furniture & Appliances, Staples-
268 Parkway PlazaVestalNYBinghamton, NY1995207,154 100.0 %2,277 10.99 -Bed Bath & Beyond, Kohl's, PetSmartTarget
269 Shoppes at VestalVestalNYBinghamton, NY200092,328 86.7 %1,325 16.56 -HomeGoods, Michaels, Old Navy-
270 Town Square MallVestalNYBinghamton, NY1991291,346 87.7 %4,364 17.08 Sam's Club*, Walmart Supercenter*AMC Theatres, Barnes & Noble, Dick's Sporting Goods, Dollar Tree, DSW, T.J.Maxx, Ulta-
271 The Plaza at Salmon RunWatertownNYWatertown-Fort Drum, NY199368,761 94.1 %714 11.03 Hannaford Bros. (Ahold Delhaize)Red Robin Gourmet BurgerLowe's
272 Highridge PlazaYonkersNYNew York-Newark-Jersey City, NY-NJ-PA197788,501 98.4 %2,636 30.27 H-Mart--
273 Brunswick Town CenterBrunswickOHCleveland-Elyria, OH2004143,282 100.0 %2,114 15.29 Giant Eagle-The Home Depot
274 Brentwood PlazaCincinnatiOHCincinnati, OH-KY-IN2004223,843 92.1 %2,449 18.45 KrogerPetco, Planet Fitness, Rainbow Shops-
275 Delhi Shopping CenterCincinnatiOHCincinnati, OH-KY-IN1973164,750 97.4 %1,411 8.79 KrogerPet Supplies Plus, Salvation Army-
276 Harpers StationCincinnatiOHCincinnati, OH-KY-IN1994252,326 93.4 %3,561 15.11 Fresh Thyme Farmers MarketHomeGoods, LA Fitness, Pet Supplies Plus, Stein Mart, T.J.Maxx-
277 Western Hills Plaza (3)CincinnatiOHCincinnati, OH-KY-IN2020234,784 98.2 %4,311 19.41 -Michaels, Old Navy, Staples, T.J.Maxx, UltaTarget
278 Western VillageCincinnatiOHCincinnati, OH-KY-IN2005115,791 96.9 %1,184 37.56 Kroger--
279 Crown PointColumbusOHColumbus, OH1980144,931 88.1 %1,274 9.98 KrogerDollar Tree, Planet Fitness-
280 Greentree Shopping CenterColumbusOHColumbus, OH2005131,573 84.9 %1,197 11.54 Kroger--
281 Brandt Pike PlaceDaytonOHDayton-Kettering, OH200817,900 100.0 %200 11.17 Kroger*--
282 South Towne CentreDaytonOHDayton-Kettering, OH1972333,998 96.7 %4,311 13.67 Health Foods UnlimitedBurlington Stores, Christmas Tree Shops, JOANN, Party City, Petsmart, Value City Furniture-
283 Southland Shopping CenterMiddleburg HeightsOHCleveland-Elyria, OH1951582,492 73.6 %4,984 11.63 BJ's Wholesale Club*, Giant Eagle, Marc'sCleveland Furniture Bank, JOANN, Marshalls, Party City-
284 The Shoppes at North OlmstedNorth OlmstedOHCleveland-Elyria, OH200270,003 100.0 %1,172 16.74 -Ollie's Bargain Outlet, Sears Outlet-
285 Surrey Square MallNorwoodOHCincinnati, OH-KY-IN2010175,167 96.7 %2,223 26.13 KrogerMarshalls-
286 Brice ParkReynoldsburgOHColumbus, OH1989158,565 93.8 %1,392 10.61 -Ashley Furniture, Citi Trends, Dollar Tree, Michaels-
287 Miracle Mile Shopping PlazaToledoOHToledo, OH1955295,665 83.8 %1,776 12.54 KrogerBig Lots, Crunch Fitness, Harbor Freight Tools-
288 MarketplaceTulsaOKTulsa, OK1992186,851 100.0 %1,920 10.28 -Basset Home Furnishings, Boot Barn, Conn's, David's Bridal, PetSmartBest Buy
289 Village WestAllentownPAAllentown-Bethlehem-Easton, PA-NJ1999140,474 91.7 %2,554 19.83 Giant Food (Ahold Delhaize)CVS, Dollar Tree -
290 Park Hills PlazaAltoonaPAAltoona, PA1985266,512 87.4 %2,364 10.25 Weis MarketsBurlington Stores, Dunham's Sports, Harbor Freight Tools, Shoe Carnival, Urban Air Adventure Park-
291 Bethel Park Shopping CenterBethel ParkPAPittsburgh, PA1965202,349 100.0 %2,058 11.46 Giant EaglePep Boys, Walmart-
292 Lehigh Shopping CenterBethlehemPAAllentown-Bethlehem-Easton, PA-NJ1955373,766 97.0 %4,001 13.88 Giant Food (Ahold Delhaize)Aetna, Big Lots, Citi Trends, Dollar Tree, Mega Marshalls, PetSmart, Rite Aid, Staples, Wines & Spirits Shoppe-
293 Bristol ParkBristolPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1993290,654 79.7 %2,013 8.94 -Complete Liquidators, Dollar Tree, Family Dollar, Ollie's Bargain Outlet-
294 Chalfont Village Shopping CenterChalfontPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD198946,051 69.9 %406 12.61 ---
295 New Britain Village SquareChalfontPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1989143,716 89.0 %2,478 19.38 Giant Food (Ahold Delhaize)Wine & Spirits Shoppe-
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 48
image45.jpg



PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
296 Collegeville Shopping Center (3)CollegevillePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2020110,430 83.4 %1,574 17.10 Kimberton Whole FoodsPep Boys, Rascal Fitness-
297 Plymouth Square Shopping CenterConshohockenPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1959235,751 69.5 %3,321 20.26 Weis MarketsMarshalls, REI-
298 Whitemarsh Shopping CenterConshohockenPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD200274,432 100.0 %2,003 26.91 Giant Food (Ahold Delhaize)--
299 Valley FairDevonPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2001105,086 40.0 %720 17.11 -Chuck E. Cheese's-
300 Dickson City CrossingsDickson CityPAScranton--Wilkes-Barre, PA1997312,699 84.5 %2,800 18.58 -Burlington Stores, Dollar Tree, Gabe's, Party City, PetSmart, The Home Depot, T.J.Maxx-
301 Barn PlazaDoylestownPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2002237,681 99.3 %3,614 15.32 -Kohl's, Marshalls, Regal Cinemas-
302 Pilgrim GardensDrexel HillPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD195575,223 100.0 %1,371 18.23 -Dollar Tree, Ross Dress for Less, Tuesday Morning, U.S. Post Office-
303 New Garden CenterKennett SquarePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1979144,920 94.8 %957 7.12 -Big Lots, Ollie's Bargain Outlet, Planet Fitness-
304 North Penn Market PlaceLansdalePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD197758,358 95.6 %1,008 19.30 Weis Markets*--
305 Village at Newtown (3)NewtownPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2020213,530 90.9 %6,350 33.71 McCaffrey'sUlta-
306 IvyridgePhiladelphiaPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1963106,353 95.7 %2,715 26.67 -Dollar Tree, Target, Wine & Spirits Shoppe-
307 Roosevelt MallPhiladelphiaPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2020581,405 93.9 %8,139 34.93 -LA Fitness, Macy's, Rainbow Shops, Ross Dress For Less -
308 Shoppes at Valley ForgePhoenixvillePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2003176,676 78.7 %1,106 7.95 Redner's Warehouse MarketStaples-
309 County Line PlazaSoudertonPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1971154,758 90.6 %1,465 10.45 ALDIDollar Tree, Planet Fitness, Rite Aid, VF Outlet-
310 69th Street PlazaUpper DarbyPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD199441,711 100.0 %451 10.81 Fresh Grocer (Wakefern)*EZ Bargains, Rent-A-Center, Super Dollar City-
311 Warminster Towne CenterWarminsterPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1997237,152 81.0 %3,027 17.45 ShopRiteOld Navy, Party City, PetSmart, Ross Dress for LessKohl's
312 Shops at ProspectWest HempfieldPALancaster, PA199463,392 100.0 %832 13.13 Giant Food (Ahold Delhaize)Penn State Health-
313 Whitehall SquareWhitehallPAAllentown-Bethlehem-Easton, PA-NJ2006315,192 78.3 %2,919 11.82 Redner's Warehouse MarketDollar Tree, Gabe's, National Tire & Battery, PetSmart, Ross Dress for Less, Staples-
314 Wilkes-Barre Township MarketplaceWilkes-Barre PAScranton--Wilkes-Barre, PA2004306,440 99.6 %2,480 33.29 Walmart SupercenterChuck E Cheese, Cracker Barrel, Party City, Pet Supplies Plus-
315 Belfair Towne VillageBlufftonSCHilton Head Island-Bluffton, SC2006165,039 95.4 %2,504 15.90 KrogerStein Mart-
316 Milestone PlazaGreenvilleSCGreenville-Anderson, SC199589,721 97.4 %1,589 19.32 BI-LO (Southeastern Grocers)--
317 Circle CenterHilton Head IslandSCHilton Head Island-Bluffton, SC200065,313 96.9 %891 14.07 BI-LO (Southeastern Grocers)--
318 Island PlazaJames IslandSCCharleston-North Charleston, SC1994173,524 97.3 %1,667 10.01 Food Lion (Ahold Delhaize)Dollar Tree, Gold's Gym, Tuesday Morning-
319 Festival CentreNorth CharlestonSCCharleston-North Charleston, SC1987325,347 80.5 %2,388 9.25 -Gold's Gym, New Spring Church, New York Beauty and Fashion, Sears Outlet-
320 Fairview Corners I & IISimpsonvilleSCGreenville-Anderson, SC2003131,002 100.0 %2,355 17.98 -Ross Dress for Less, T.J.MaxxTarget
321 Hillcrest Market PlaceSpartanburgSCSpartanburg, SC1965360,277 83.8 %3,861 13.50 PublixMarshalls, NCG Cinemas, Petco, Ross Dress for Less, Stein Mart-
322 East Ridge CrossingChattanooga TNChattanooga, TN-GA199958,950 83.7 %537 10.88 Food Lion (Ahold Delhaize)--
323 Watson Glen Shopping CenterFranklinTNNashville-Davidson--Murfreesboro--Franklin, TN1988265,027 99.7 %2,875 10.98 ALDIAt Home, Big Lots, Franklin Athletic Club, Trees n Trends-
324 Williamson SquareFranklinTNNashville-Davidson--Murfreesboro--Franklin, TN1988331,386 99.6 %3,973 12.04 -Family Leisure, Goldfish Swim School, Grace Church Nashville, Hobby Lobby, Painted Tree Marketplace, Planet Fitness-
325 Greeneville CommonsGreenevilleTNGreeneville, TN2002224,139 97.1 %1,924 8.94 -Belk, Burkes Outlet, Five Below, Hobby Lobby, Marshalls, Ross Dress for Less-
326 Kingston OverlookKnoxvilleTNKnoxville, TN1996122,536 100.0 %907 7.60 -Badcock Home Furniture, Sears Outlet, Urban Air Adventure Park-
327 The Commons at Wolfcreek (2)MemphisTNMemphis, TN-MS-AR2014652,349 93.3 %9,434 15.95 -Academy Sports + Outdoors, Best Buy, Big Lots, Burlington Stores, Dave & Busters, David's Bridal, DSW, Office Depot, Painted Tree Marketplace, PetSmart, T.J.MaxxTarget, The Home Depot
328 Georgetown SquareMurfreesboroTNNashville-Davidson--Murfreesboro--Franklin, TN2003114,117 86.8 %1,260 12.72 KrogerAaron's-
329 Nashboro VillageNashvilleTNNashville-Davidson--Murfreesboro--Franklin, TN199886,811 100.0 %1,140 13.13 Kroger-Walgreens
330 Commerce CentralTullahomaTNTullahoma-Manchester, TN1995182,401 98.9 %1,350 7.48 Walmart SupercenterDollar Tree-
331 Parmer CrossingAustinTXAustin-Round Rock-Georgetown, TX1989169,405 97.7 %2,098 12.67 Desi BrothersBig Lots, Dollar Tree, Harbor Freight Tools, Mega Furniture, Planet FitnessFry's Electronics
Supplemental Disclosure - Three Months Ended September 30, 2020
Page 49
image45.jpg



PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
332 Baytown Shopping CenterBaytownTXHouston-The Woodlands-Sugar Land, TX198795,941 91.2 %1,329 15.19 -24 Hour Fitness-
333 El CaminoBellaireTXHouston-The Woodlands-Sugar Land, TX200871,651 98.5 %679 9.62 El Ahorro SupermarketDollar Tree, Family Dollar-
334 Bryan SquareBryanTXCollege Station-Bryan, TX200859,029 100.0 %371 7.32 -99 Cents Only, Citi Trends, Firestone, Tandem Logistics-
335 TownshireBryanTXCollege Station-Bryan, TX2002136,887 88.8 %1,019 8.38 -Tops Printing-
336 Central StationCollege StationTXCollege Station-Bryan, TX1976176,598 90.9 %2,827 18.06 -Dollar Tree, HomeGoods, Party City, Spec's LiquorsKohl's
337 Rock Prairie CrossingCollege StationTXCollege Station-Bryan, TX2002118,700 97.7 %1,361 25.85 KrogerCVS-
338 Carmel VillageCorpus ChristiTXCorpus Christi, TX201984,667 100.0 %1,159 13.69 -Crunch Fitness, Dollar Tree, Tuesday Morning-
339 Claremont VillageDallasTXDallas-Fort Worth-Arlington, TX197666,980 98.7 %595 9.10 -Family Dollar-
340 Kessler PlazaDallasTXDallas-Fort Worth-Arlington, TX197568,962 88.6 %677 11.08 -Canales, Family Dollar-
341 Stevens Park VillageDallasTXDallas-Fort Worth-Arlington, TX197445,492 100.0 %470 10.33 -Big Lots, O'Reilly Auto Parts-
342 Webb Royal PlazaDallasTXDallas-Fort Worth-Arlington, TX1961108,545 90.7 %1,115 11.88 El Rio Grande Latin MarketFamily Dollar-
343 Wynnewood Village (3)DallasTXDallas-Fort Worth-Arlington, TX2020466,017 95.6 %6,273 14.34 El Rancho, KrogerFallas, Five Below, Kids Empire, LA Fitness, Ross Dress for Less-
344 ParktownDeer ParkTXHouston-The Woodlands-Sugar Land, TX1999118,221 93.9 %1,030 9.28 Food TownBurkes Outlet, Walgreens-
345 Preston RidgeFriscoTXDallas-Fort Worth-Arlington, TX2018789,559 91.1 %15,131 21.18 SuperTarget*Best Buy, Big Lots, Boot Barn, DSW, Marshalls, Nordstrom Rack, Old Navy, Ross Dress for Less, Saks OFF Fifth, Stein Mart, T.J.Maxx-
346 Ridglea PlazaFort WorthTXDallas-Fort Worth-Arlington, TX1990170,519 92.0 %1,995 12.71 Tom Thumb (Albertsons)Goody Goody Wine & Spirits, Stein Mart-
347 Trinity CommonsFort WorthTXDallas-Fort Worth-Arlington, TX1998197,423 98.2 %3,913 20.19 Tom Thumb (Albertsons)DSW, Ulta-
348 Village PlazaGarlandTXDallas-Fort Worth-Arlington, TX200289,444 94.4 %1,172 13.96 Truong Nguyen Grocer--
349 Highland Village Town CenterHighland VillageTXDallas-Fort Worth-Arlington, TX199699,374 98.7 %1,100 11.21 -Painted Tree Marketplace, Planet Fitness-
350 Bay Forest HoustonTXHouston-The Woodlands-Sugar Land, TX200471,667 98.7 %748 10.75 Kroger--
351 Beltway SouthHoustonTXHouston-The Woodlands-Sugar Land, TX1998107,174 97.0 %992 29.31 Kroger--
352 Braes Heights (3)HoustonTXHouston-The Woodlands-Sugar Land, TX202092,904 85.1 %2,119 26.81 -CVS, Imagination Toys, I W Marks Jewelers, My Salon Suites-
353 Braes Oaks CenterHoustonTXHouston-The Woodlands-Sugar Land, TX199242,567 89.4 %406 10.67 ---
354 BraesgateHoustonTXHouston-The Woodlands-Sugar Land, TX199791,382 96.5 %631 7.15 Food Town--
355 BroadwayHoustonTXHouston-The Woodlands-Sugar Land, TX200674,717 100.0 %936 13.02 El Ahorro SupermarketBlink Fitness (Equinox), Melrose Fashions-
356 Clear Lake Camino SouthHoustonTXHouston-The Woodlands-Sugar Land, TX1964105,501 92.7 %1,440 15.73 ALDI24 Hour Fitness, Mr. Gatti's Pizza, Spec's Liquors-
357 Hearthstone Corners HoustonTXHouston-The Woodlands-Sugar Land, TX2019208,147 95.8 %2,172 10.90 El RanchoBig Lots, Conn's-
358 Jester Village (3)HoustonTXHouston-The Woodlands-Sugar Land, TX202062,665 88.5 %1,232 22.22 -24 Hour Fitness-
359 Jones Plaza (3)HoustonTXHouston-The Woodlands-Sugar Land, TX2020111,206 86.4 %985 10.25 La Michoacana SupermarketAaron's, Fitness Connection-
360 Jones SquareHoustonTXHouston-The Woodlands-Sugar Land, TX1999169,786 100.0 %1,463 8.62 -Big Lots, Hobby Lobby-
361 MaplewoodHoustonTXHouston-The Woodlands-Sugar Land, TX200499,177 99.4 %968 9.82 FoodaramaBurke's Outlet, Kids Empire-
362 Merchants ParkHoustonTXHouston-The Woodlands-Sugar Land, TX2009246,451 97.7 %3,437 14.27 KrogerBig Lots, Petco, Planet Fitness, Ross Dress for Less, Tuesday Morning-
363 NorthgateHoustonTXHouston-The Woodlands-Sugar Land, TX197240,244 100.0 %354 8.80 El Rancho*Affordable Furniture, Firestone, TitleMax-
364 NorthshoreHoustonTXHouston-The Woodlands-Sugar Land, TX2001223,954 89.4 %2,737 13.90 Sellers Bros.Conn's, Dollar Tree, Office Depot-
365 Northtown PlazaHoustonTXHouston-The Woodlands-Sugar Land, TX1960190,559 79.6 %2,208 14.79 El Rancho99 Cents Only, dd's Discounts (Ross)-
366 Orange GroveHoustonTXHouston-The Woodlands-Sugar Land, TX2005184,704 98.2 %1,682 9.67 -24 Hour Fitness, Floor & Décor-
367 Royal Oaks VillageHoustonTXHouston-The Woodlands-Sugar Land, TX2001144,929 94.5 %3,193 23.33 H-E-B--
368 Tanglewilde CenterHoustonTXHouston-The Woodlands-Sugar Land, TX199883,343 100.0 %1,321 15.99 ALDIDollar Tree, Party City, Salon In The Park-
369 Westheimer CommonsHoustonTXHouston-The Woodlands-Sugar Land, TX1984245,714 95.0 %2,289 9.80 Fiesta MartKing Dollar, Marshalls, Sanitas Medical Center-
370 Fry Road CrossingKatyTXHouston-The Woodlands-Sugar Land, TX2005240,940 99.2 %2,700 11.57 -Hobby Lobby, Stein Mart-
371 Jefferson ParkMount PleasantTXMount Pleasant, TX2001130,096 100.0 %981 7.54 Super 1 FoodsHarbor Freight Tools, PetSense-
Supplemental Disclosure - Three Months Ended September 30, 2020
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PROPERTY LIST
Dollars in thousands, except per square foot amounts
Year
Percent
Non-Owned
Property Name
City
State
Metropolitan Statistical Area
Built
 GLA
Leased
 ABR
 ABR PSF
Grocer (1)
Other Major Tenants
Major Tenants
372 Winwood Town CenterOdessaTXOdessa, TX2002372,534 100.0 %3,337 14.17 H-E-Bdd's Discounts (Ross), Michaels, Office Depot, Party City, Ross Dress for Less, Target -
373 Crossroads Centre - PasadenaPasadenaTXHouston-The Woodlands-Sugar Land, TX1997146,567 94.3 %2,028 15.66 KrogerLA Fitness-
374 Spencer SquarePasadenaTXHouston-The Woodlands-Sugar Land, TX1998186,732 94.7 %2,175 12.66 KrogerBurkes Outlet-
375 Pearland PlazaPearlandTXHouston-The Woodlands-Sugar Land, TX1995156,491 94.6 %1,283 8.66 KrogerAmerican Freight Furniture, Harbor Freight Tools, Walgreens-
376 Market PlazaPlanoTXDallas-Fort Worth-Arlington, TX2002142,058 79.6 %2,618 24.33 Central Market (H-E-B)--
377 Preston Park VillagePlanoTXDallas-Fort Worth-Arlington, TX1985270,128 84.6 %5,685 24.86 -Gap Factory Store, Infinite Bounds Gymnastics-
378 Keegan's MeadowStaffordTXHouston-The Woodlands-Sugar Land, TX1999125,293 85.5 %1,240 11.97 El Rancho--
379 Texas City BayTexas CityTXHouston-The Woodlands-Sugar Land, TX2005224,617 93.7 %2,144 10.29 KrogerConn's, Harbor Freight Tools, Planet Fitness-
380 Windvale CenterThe WoodlandsTXHouston-The Woodlands-Sugar Land, TX2002100,688 95.9 %1,934 20.03 -Star Cinema-
381 The Centre at Navarro VictoriaTXVictoria, TX200566,102 96.2 %760 16.72 ALDIPlanet Fitness, Walgreens-
382 Culpeper Town SquareCulpeperVAWashington-Arlington-Alexandria, DC-VA-MD-WV1999132,882 73.3 %852 8.75 -Tractor Supply Co.-
383 Hanover SquareMechanicsvilleVARichmond, VA1991140,448 97.2 %2,062 15.11 -Gold's Gym, Hobby LobbyKohl's
384 Tuckernuck SquareRichmondVARichmond, VA198188,220 96.5 %1,433 16.84 -2nd & Charles, Chuck E. Cheese's-
385 Cave Spring CornersRoanokeVARoanoke, VA2005147,133 100.0 %1,223 13.86 KrogerHamrick's -
386 Hunting HillsRoanokeVARoanoke, VA1989167,875 97.1 %1,498 9.29 -Dollar Tree, Kohl's, PetSmart-
387 Hilltop PlazaVirginia BeachVAVirginia Beach-Norfolk-Newport News, VA-NC2010150,300 97.7 %2,837 21.34 Trader Joe'sJOANN, Kirkland’s, PetSmart, Ulta-
388 Ridgeview CentreWiseVABig Stone Gap, VA1990190,242 76.5 %1,050 7.22 -Dollar Tree, Grand Home Furnishings, Harbor Freight Tools, Marshalls, Ollie's Bargain OutletBelk
389 Rutland PlazaRutlandVTRutland, VT1997223,314 100.0 %1,980 8.99 Price ChopperDollar Tree, Flagship Cinemas, T.J.Maxx, Walmart-
390 Spring MallGreenfieldWIMilwaukee-Waukesha, WI200345,920 36.0 %193 11.67 --Walgreens
391 Mequon PavilionsMequonWIMilwaukee-Waukesha, WI1967219,230 95.9 %3,447 16.39 Sendik's Food MarketBed Bath & Beyond, DSW, Marshalls-
392 Moorland Square Shopping CtrNew BerlinWIMilwaukee-Waukesha, WI199098,303 93.0 %905 9.90 Pick 'n Save (Kroger)--
393 Paradise PavilionWest BendWIMilwaukee-Waukesha, WI2000203,545 90.5 %1,343 7.29 -Hobby Lobby, Kohl's-
394 Moundsville PlazaMoundsvilleWVWheeling, WV-OH2004176,156 89.8 %1,244 7.87 KrogerBig Lots, Dunham's Sports-
395 Grand Central PlazaParkersburgWVParkersburg-Vienna, WV198675,344 90.7 %782 11.44 -Office Depot, O'Reilly Auto Parts, T.J.Maxx-
TOTAL PORTFOLIO
69,391,717 91.2 %$882,718 $14.86 
(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, 2020
Page 51
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