STOCK TITAN

Brixmor raises quarterly dividend 7.3% to $0.33

Record leased occupancy reached 95.6%, while leases signed but not commenced covered 3.1 million square feet.

(High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

Rhea-AI Filing Summary

Brixmor Property Group Inc. (BRX) reported third-quarter 2026 results, including same-property NOI growth of 6.6% and Nareit FFO of $184.6 million, or $0.60 per diluted share. Total revenue was $359.6 million, compared with $340.8 million a year earlier; net income attributable to Brixmor was $87.8 million, compared with $94.2 million. Brixmor executed 1.6 million square feet of new and renewal leases at 25.3% comparable rent spreads, and total leased occupancy reached a record 95.6%.

The company increased its quarterly dividend 7.3% to $0.3300 per common share. Its updated 2026 outlook is Nareit FFO of $2.36–$2.38 per diluted share and same-property NOI growth of 5.50%–5.75%.

On September 28, 2026, Brixmor and Everview Partners announced definitive agreements for the approximately $2.34 billion Slate Grocery REIT transaction. Brixmor would acquire 23 properties for approximately $636 million and hold a 20% common equity interest and approximately $174 million preferred equity investment in an Everview JV acquiring 92 properties for approximately $1.71 billion. Closing is expected in the first quarter of 2027, subject to customary conditions including Slate Grocery REIT unitholder approval.

2 points · 0 major

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It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

0 major · 1 point

How the balance works

Positive

  • Moderate pointSame-property NOI increased 6.6% in the third quarter.
  • Moderate pointQuarterly dividend rose 7.3% to $0.3300 per common share.

Negative

  • Moderate pointQuarterly net income attributable to Brixmor was $87.8 million, versus $94.2 million.

Filing Explained

The reported $1.5 billion of liquidity includes availability under unsettled share contracts but excludes the separate up-to-$988.0 million Slate loan commitment.

At September 30, 2026, Brixmor reported unsettled ATM forward contracts to issue 3.9 million common shares; those shares were excluded from outstanding shares, so issuance was still pending; if issued, they would increase the share count and reduce existing holders’ percentage ownership absent offsetting changes.

Reported liquidity was $1.5 billion, including $114,408 thousand available under the unsettled ATM forward contracts; it excluded a separate commitment letter for up to $988.0 million of senior unsecured term-loan financing available in connection with Slate.

At the same date, net principal debt to adjusted EBITDA was 5.2x on a current-quarter annualized basis and 5.3x on a trailing-twelve-month basis.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Total revenue $359.6 million Three months ended September 30, 2026; $340.8 million in the comparable 2025 period
Net income attributable to Brixmor $87.8 million Three months ended September 30, 2026; $94.2 million in the comparable 2025 period
Nareit FFO $184.6 million Three months ended September 30, 2026; $172.3 million in the comparable 2025 period
Nareit FFO per diluted share $0.60 Three months ended September 30, 2026; $0.56 in the comparable 2025 period
Same-property NOI growth 6.6% Three months ended September 30, 2026, compared with the comparable 2025 period
Quarterly dividend $0.3300 per common share Increased 7.3%
2026 Nareit FFO guidance $2.36–$2.38 per diluted share Updated from $2.35–$2.37
Slate Grocery REIT transaction value Approximately $2.34 billion Expected to close in the first quarter of 2027, subject to customary closing conditions
Same property NOI financial
"Same property NOI is a supplemental, non-GAAP performance measure"
Same property NOI is the net operating income—rental and other property revenue minus regular operating costs—for only those real estate assets that a company owned and operated in both the current and prior comparison periods. Think of it like comparing sales at the same retail stores before and after a season to judge whether individual locations are healthier, excluding effects from buying or selling properties. Investors use it to gauge organic property performance and management effectiveness without growth-related noise.
Nareit FFO financial
"Nareit FFO is a supplemental, non-GAAP performance measure"
NAREIT FFO is a standardized measure of operating performance for real estate companies that starts with net income, removes gains or losses from property sales, and adds back depreciation and amortization tied to real estate. Investors use it like a clearer view of recurring cash-earning ability—similar to checking a store’s everyday sales rather than one‑time clearance events—so it helps compare profitability and dividend capacity across property firms.
Annualized Base Rent financial
"Annualized Base Rent ("ABR")"
Annualized base rent is the total fixed rent a tenant is contractually required to pay over a year, based on the agreed monthly or periodic rate and excluding variable charges like utilities or percentage rent. For investors it acts like a predictable paycheck from a property lease, helping assess steady income, cash flow stability, and the value of real estate holdings much like knowing a subscription’s guaranteed yearly revenue.
Net Principal Debt to Adjusted EBITDA, current quarter annualized financial
"Net Principal Debt to Adjusted EBITDA, current quarter annualized"
Total revenue $359.6 million Compared with $340.8 million in the comparable 2025 period
Net income attributable to Brixmor Property Group Inc. $87.8 million Compared with $94.2 million in the comparable 2025 period
Nareit FFO $184.6 million Compared with $172.3 million in the comparable 2025 period
Nareit FFO per diluted share $0.60 Compared with $0.56 in the comparable 2025 period
Same property NOI $249.8 million 6.6% increase compared with the comparable 2025 period
Guidance

For 2026, Nareit FFO is expected to be $2.36–$2.38 per diluted share and same property NOI growth is expected to be 5.50%–5.75%.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BRX report for third-quarter 2026?

Total revenue was $359.6 million, compared with $340.8 million a year earlier. Net income attributable to Brixmor was $87.8 million, versus $94.2 million, while Nareit FFO was $184.6 million, or $0.60 per diluted share, compared with $172.3 million, or $0.56 per diluted share.

What are the terms of BRX's Slate Grocery REIT transaction?

The transaction is valued at approximately $2.34 billion. Brixmor would acquire 23 properties for approximately $636 million and hold a 20% common equity interest and an approximately $174 million preferred equity investment in an Everview joint venture acquiring 92 additional properties for approximately $1.71 billion. Closing is expected in the first quarter of 2027, subject to customary conditions including Slate unitholder approval.

When will BRX's new dividend be paid?

The quarterly cash dividend of $0.3300 per common share is payable January 15, 2027, to stockholders of record January 5, 2027. The company reported an annualized yield of approximately 4.7% as of October 23, 2026.

What did BRX change in its 2026 outlook?

Brixmor updated its Nareit FFO expectation to $2.36–$2.38 per diluted share, from $2.35–$2.37, and its same-property NOI growth expectation to 5.50%–5.75%, from 5.00%–5.75%. Revenues deemed uncollectible are expected to total 60–85 basis points of total expected revenues.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
0001581068false00015810682026-10-262026-10-260001581068brx:BrixmorOperatingPartnershipLPMember2026-10-262026-10-26


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 26, 2026
Brixmor Property Group Inc.
Brixmor Operating Partnership LP
(Exact Name of Registrant as Specified in Charter)
Maryland001-3616045-2433192
Delaware
333-291119-01
80-0831163
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
100 Park Avenue
New York, New York 10017
(Address of Principal Executive Offices, and Zip Code)
(212) 869-3000
(Registrant’s Telephone Number, Including Area Code)
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareBRXNew York Stock Exchange
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
☐Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).     
Brixmor Property Group Inc. Yes ☐ No ☑              Brixmor Operating Partnership LP Yes ☐ No ☑
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     
Brixmor Property Group Inc. ☐                     Brixmor Operating Partnership LP ☐




Item 2.02    Results of Operations and Financial Condition.

On October 26, 2026, Brixmor Property Group Inc. (the "Company") issued a press release announcing its financial results and Supplemental Disclosure pertaining to its operations for the third quarter ended September 30, 2026. The press release is furnished as Exhibit 99.1 to this Report and the Supplemental Disclosure is furnished as Exhibit 99.2 to this Report.

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

Item 9.01     Financial Statements and Exhibits
(d)     The following exhibits are attached to this Current Report on Form 8-K
99.1
Press release issued October 26, 2026.
99.2
Brixmor Property Group Inc. Supplemental Financial Information for the third quarter ended September 30, 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
Date: October 26, 2026
BRIXMOR PROPERTY GROUP INC.
By:/s/ Steven F. Siegel
Name:Steven F. Siegel
Title:Executive Vice President,
General Counsel and Secretary
BRIXMOR OPERATING PARTNERSHIP LP
By:Brixmor OP GP LLC, its general partner
By:BPG Subsidiary LLC, its sole member
By:/s/ Steven F. Siegel
Name:Steven F. Siegel
Title:Executive Vice President,
General Counsel and Secretary

Exhibit 99.1
brixmor_logo.jpg
100 Park Avenue : New York, NY 10017 : 800.468.7526
FOR IMMEDIATE RELEASE

CONTACT:
Stacy Slater                            
Executive Vice President, Investor Relations            
800.468.7526
stacy.slater@brixmor.com


BRIXMOR PROPERTY GROUP ANNOUNCES THIRD QUARTER RESULTS WITH STRONG LEASING DEMAND DRIVING OCCUPANCY TO RECORD HIGHS; INCREASES DIVIDEND OVER 7% AND RAISES OUTLOOK

NEW YORK, OCTOBER 26, 2026 - Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today its operating results for the three and nine months ended September 30, 2026. For the three months ended September 30, 2026 and 2025, net income attributable to Brixmor Property Group Inc. was $0.28 per diluted share and $0.31 per diluted share, respectively, and for the nine months ended September 30, 2026 and 2025, net income attributable to Brixmor Property Group Inc. was $0.94 per diluted share and $0.81 per diluted share, respectively.

Key highlights for the three months ended September 30, 2026 include:
•Executed 1.6 million square feet of new and renewal leases, with rent spreads on comparable space of 25.3%, including new lease rent spreads on comparable space of 42.6% and renewal lease rent spreads on comparable space of 19.4%
•Increased total leased occupancy to a record 95.6%, anchor leased occupancy to 97.0%, and small shop leased occupancy to a record 92.8%
◦Commenced $17.7 million of annualized base rent
◦Leased to billed occupancy spread totaled 420 basis points
◦Signed but not yet commenced new lease population represented 3.1 million square feet and $68.9 million of annualized base rent
•Reported an increase in same property NOI of 6.6%, including a contribution from base rent of 480 basis points
•Reported Nareit FFO of $184.6 million, or $0.60 per diluted share
•Added $36.7 million of new reinvestment projects to the in process pipeline at an expected average incremental NOI yield of 11%, including a Publix redevelopment in Port St. Lucie, Florida
•Stabilized $54.6 million of reinvestment projects at an average incremental NOI yield of 10%, with the in process reinvestment pipeline totaling $331.8 million at an expected average incremental NOI yield of 10%
•Completed $49.5 million of acquisitions and $42.8 million of dispositions
•On September 28, 2026, the Company announced that it entered into definitive agreements, together with Everview Partners, to acquire Slate Grocery REIT in a transaction valued at approximately $2.34 billion (the "Slate Transaction"). Under the Slate Transaction, Brixmor will acquire a 23-property grocery-anchored portfolio for approximately $636 million and will hold a 20% common equity interest and an approximately $174 million preferred equity investment in a joint venture with Everview Partners (the "Everview JV") that will acquire an additional 92 properties for approximately $1.71 billion. The transaction is expected to close in the first quarter of 2027, subject to customary closing conditions including approval by Slate Grocery REIT unitholders

Subsequent events:
•Increased the quarterly dividend by 7.3% to $0.3300 per common share (equivalent to $1.32 per annum), which represents an annualized yield of approximately 4.7% as of October 23, 2026
•Completed a $4.8 million acquisition
•Updated previously provided Nareit FFO per diluted share expectations for 2026 to $2.36 - $2.38 from $2.35 - $2.37 and same property NOI growth expectations for 2026 to 5.50% - 5.75% from 5.00% - 5.75%
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100 Park Avenue : New York, NY 10017 : 800.468.7526
"Our third quarter results were highlighted by continued leasing momentum, strong same property NOI growth, and record occupancy," commented Brian T. Finnegan, Chief Executive Officer and President. "These results reinforce the strength of our operating platform, while the growth embedded in our signed but not yet commenced pipeline and reinvestment program provide exceptional visibility into future earnings and cash flow growth. We are excited to build on this momentum through the Slate Transaction by expanding our opportunity set and creating additional avenues to drive long-term shareholder value."

FINANCIAL HIGHLIGHTS
•The following table summarizes the Company’s net income attributable to Brixmor Property Group Inc. and Nareit FFO:
(Unaudited, dollars in millions, except per share amounts)Three Months EndedNine Months Ended
9/30/20269/30/20259/30/20269/30/2025
Net income attributable to Brixmor Property Group Inc.$87.8$94.2$289.0$249.1
Net income attributable to Brixmor Property Group Inc. per diluted share$0.28$0.31$0.94$0.81
Nareit FFO$184.6$172.3$542.7$514.9
Nareit FFO per diluted share$0.60$0.56$1.76$1.67
Items that impact FFO comparability$(0.1)$0.0$(0.2)$(0.3)
Items that impact FFO comparability, net per share$(0.00)$0.00$(0.00)$(0.00)

Same Property NOI Performance
•For the three months ended September 30, 2026, the Company reported an increase in same property NOI of 6.6% versus the comparable 2025 period.
•For the nine months ended September 30, 2026, the Company reported an increase in same property NOI of 6.2% versus the comparable 2025 period.

Dividend
•The Company’s Board of Directors declared a quarterly cash dividend of $0.3300 per common share (equivalent to $1.32 per annum), which represents a 7.3% increase.
•The dividend is payable on January 15, 2027 to stockholders of record on January 5, 2027.

PORTFOLIO AND INVESTMENT ACTIVITY
Value Enhancing Reinvestment Opportunities
•During the three months ended September 30, 2026, the Company stabilized four value enhancing reinvestment projects with a total aggregate net cost of approximately $54.6 million at an average incremental NOI yield of 10% and added six new reinvestment projects to its in process pipeline with a total aggregate net estimated cost of approximately $36.7 million at an expected average incremental NOI yield of 11%.
•The following table summarizes the Company’s in process reinvestment pipeline as of September 30, 2026:
(Dollars in millions)Number of ProjectsNet Estimated CostsExpected NOI Yield
Anchor space repositioning15$77.47% - 14%
Outparcel development1624.715%
Redevelopment15229.711%
    Total46$331.810%

•Follow Brixmor on LinkedIn for video updates on reinvestment projects at https://www.linkedin.com/company/brixmor.
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100 Park Avenue : New York, NY 10017 : 800.468.7526
Acquisitions
•During the three months ended September 30, 2026, the Company acquired Village West Shopping Center, a 195,862 square foot grocery-anchored community center located in the growing Inland Empire, California trade area (Riverside-San Bernardino-Ontario, CA), for $49.5 million. Village West Shopping Center is anchored by a market-dominant Stater Bros. grocer and has significant value creation and remerchandising opportunities, including near-term leasing of vacancies, below-market lease expirations, and densification potential.
•During the nine months ended September 30, 2026, the Company acquired five shopping centers for $213.8 million.
•Subsequent to September 30, 2026, the Company acquired an outparcel at an existing shopping center for $4.8 million.

Dispositions
•During the three months ended September 30, 2026, the Company generated approximately $42.8 million of gross proceeds from the disposition of two shopping centers.
•During the nine months ended September 30, 2026, the Company generated approximately $165.8 million of gross proceeds from the disposition of eight shopping centers.
•
CAPITAL STRUCTURE
•At September 30, 2026, the Company had $1.5 billion in liquidity, which does not include a commitment letter for up to $988.0 million of senior unsecured term loan financing available in connection with the Slate Transaction.
•At September 30, 2026, the Company's net principal debt to adjusted EBITDA, current quarter annualized was 5.2x and net principal debt to adjusted EBITDA, trailing twelve months was 5.3x.

GUIDANCE
•The Company has updated its previously provided Nareit FFO per diluted share expectations for 2026 to $2.36 - $2.38 from $2.35 - $2.37 and its same property NOI growth expectations for 2026 to 5.50% - 5.75% from 5.00% - 5.75%.
◦Revenues deemed uncollectible are expected to total 60 - 85 basis points of total expected revenues in 2026.
◦2026 expectations do not include any additional items that impact FFO comparability, which include gain or loss on extinguishment of debt, net, and transaction expenses, net, or any other one-time items.
•The following table provides a reconciliation of the range of the Company's 2026 estimated net income attributable to Brixmor Property Group Inc. to Nareit FFO:
(Unaudited, dollars in millions, except per share amounts)2026E2026E Per Diluted Share
Net income attributable to Brixmor Property Group Inc.$368 - $374$1.20 - $1.22
Depreciation and amortization related to real estate4231.37
Gain on sale of real estate assets(71)(0.23)
Impairment of real estate assets7 0.02
    Nareit FFO$727 - $733$2.36 - $2.38

CONNECT WITH BRIXMOR
•For additional information, please visit https://www.brixmor.com;
•Follow Brixmor on:
◦LinkedIn at https://www.linkedin.com/company/brixmor
◦Facebook at https://www.facebook.com/Brixmor
◦Instagram at https://www.instagram.com/brixmorpropertygroup; and
◦YouTube at https://www.youtube.com/user/Brixmor.
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100 Park Avenue : New York, NY 10017 : 800.468.7526
CONFERENCE CALL AND SUPPLEMENTAL INFORMATION
The Company will host a teleconference on Tuesday, October 27, 2026 at 10:00 AM ET. To participate, please dial 877.704.4453 (domestic) or 201.389.0920 (international) within 15 minutes of the scheduled start of the call. The teleconference can also be accessed via a live webcast at https://www.brixmor.com in the Investors section. A replay of the teleconference will be available through November 10, 2026 by dialing 844.512.2921 (domestic) or 412.317.6671 (international) (Passcode: 13762372) or via the web through October 27, 2027 at https://www.brixmor.com in the Investors section.

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

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

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

Same Property NOI
Same property NOI is a supplemental, non-GAAP performance measure utilized to evaluate the operating performance of real estate companies. Same property NOI is calculated (using properties owned for the entirety of both periods and excluding properties under development and completed new development properties that have been stabilized for less than one year) as total property revenues (base rent, expense reimbursements, adjustments for revenues deemed uncollectible, ancillary and other rental income, percentage rents, and other revenues) less direct property operating expenses (operating costs and real estate taxes). Same property NOI excludes (i) lease termination fees, (ii) straight-line rental income, net, (iii) accretion of below-market leases, net of amortization of above-market leases and tenant inducements, (iv) straight-line ground rent expense, net, (v) income or expense associated with the Company's captive insurance company, (vi) depreciation and amortization, (vii) impairment of real estate assets, (viii) general and administrative expense, and (ix) other income and expense (including
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100 Park Avenue : New York, NY 10017 : 800.468.7526
interest expense and gain on sale of real estate assets). Considering the nature of its business as a real estate owner and operator, the Company believes that NOI is useful to investors in measuring the operating performance of its portfolio because the definition excludes various items included in net income that do not relate to, or are not indicative of, the operating performance of the Company’s properties, such as lease termination fees, straight-line rental income, net, income or expense associated with the Company’s captive insurance company, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, straight-line ground rent expense, net, depreciation and amortization, impairment of real estate assets, general and administrative expense, and other income and expense (including interest expense and gain on sale of real estate assets). The Company believes that same property NOI is also useful to investors because it further eliminates disparities in NOI by only including NOI of properties owned for the entirety of both periods presented and excluding properties under development and completed new development properties that have been stabilized for less than one year and therefore provides a more consistent metric for comparing the operating performance of the Company's real estate between periods.

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

ABOUT BRIXMOR PROPERTY GROUP
Brixmor (NYSE: BRX) owns and operates a high-quality, national portfolio of open-air shopping centers. The Company’s 345 retail centers comprise approximately 62 million square feet of prime retail space in established trade areas (the "Portfolio"). Brixmor’s properties reflect its vision “to be the center of the communities we serve” and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.

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


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100 Park Avenue : New York, NY 10017 : 800.468.7526
SAFE HARBOR LANGUAGE
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under the sections entitled “Forward-Looking Statements” and “Risk Factors” in our Form 10-K for the year ended December 31, 2025, and our Form 10-Q for the quarter ended September 30, 2026, as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at https://www.sec.gov. These factors include, but are not limited to: (1) changes in national, regional, and local economies, due to global events such as international geopolitical conflicts, international trade disputes, a foreign debt crisis, foreign currency volatility, or due to domestic issues, such as government policies and regulations, tariffs, energy prices, market dynamics, general economic contractions, ongoing levels of inflation and interest rates, unemployment, or limited growth in consumer income or spending; (2) local real estate market conditions, including an oversupply of space in, or a reduction in demand for, properties similar to those in our Portfolio; (3) competition from other available properties and e-commerce; (4) disruption and/or consolidation in the retail sector, the financial stability of our tenants, and the overall financial condition of large retailing companies, including their ability to pay rent and/or expense reimbursements that are due to us; (5) in the case of percentage rents, the sales volumes of our tenants; (6) increases in property operating expenses, including common area expenses, utilities, insurance, and real estate taxes, which are relatively inflexible and generally do not decrease if revenue or occupancy decrease; (7) increases in the costs to repair, renovate, and re-lease space; (8) earthquakes, wildfires, tornadoes, hurricanes, damage from rising sea levels due to climate change, other natural disasters, epidemics and/or pandemics, civil unrest, terrorist acts, or acts of war, any of which may result in uninsured or underinsured losses; (9) changes in laws and governmental regulations, including those governing usage, zoning, the environment, privacy, data security, intellectual property rights, and taxes; (10) cybersecurity incidents or other disruptions to information technology systems used by us, our tenants, or our vendors, which could compromise data or impair business operations; and (11) risks relating to the pending Slate Transaction, including the ability of us and the Everview JV to successfully and timely close the Slate Transaction, the risk we do not realize the expected benefits of the Slate Transaction or are subjected to unexpected liabilities and expenses, and the risk we are unable to successfully integrate the operations of the properties we are acquiring in the Slate Transaction or manage the Everview JV. Brixmor disclaims any obligation or undertaking to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
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CONSOLIDATED BALANCE SHEETS
Unaudited, dollars in thousands, except share information
As of
As of
9/30/2612/31/25
Assets
Real estate
Land$1,867,480 $1,849,779 
Buildings and tenant improvements9,483,171 9,296,849 
Construction in progress71,276 92,129 
Lease intangibles566,163 548,740 
11,988,090 11,787,497 
Accumulated depreciation and amortization(3,782,174)(3,588,646)
Real estate, net8,205,916 8,198,851 
Cash and cash equivalents164,428 334,422 
Restricted cash19,050 27,108 
Marketable securities21,846 21,283 
Receivables, net, including straight-line rent receivables of $256,014 and $237,837, respectively318,952 315,128 
Deferred charges and prepaid expenses, net178,016 169,326 
Real estate assets held for sale— 4,551 
Other assets114,633 62,468 
Total assets$9,022,841 $9,133,137 
Liabilities
Debt obligations, net$5,322,955 $5,494,753 
Accounts payable, accrued expenses and other liabilities649,178 628,328 
Total liabilities5,972,133 6,123,081 
Redeemable non-controlling interests30,821 — 
Equity
Common stock, $0.01 par value; authorized 3,000,000,000 shares;
315,999,308 and 315,231,761 shares issued and 306,872,316 and 306,104,769
shares outstanding3,068 3,061 
Additional paid-in capital3,431,754 3,437,853 
Accumulated other comprehensive income13,012 1,722 
Distributions in excess of net income(428,189)(432,822)
Total stockholders' equity3,019,645 3,009,814 
Non-controlling interests242 242 
Total equity3,019,887 3,010,056 
Total liabilities and equity$9,022,841 $9,133,137 
































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CONSOLIDATED STATEMENTS OF OPERATIONS
Unaudited, dollars in thousands, except per share amounts
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Revenues
Rental income$358,546 $340,618 $1,066,775 $1,017,256 
Other revenues1,052 225 1,841 591 
Total revenues359,598 340,843 1,068,616 1,017,847 
Operating expenses
Operating costs40,921 38,891 127,062 117,979 
Real estate taxes46,290 45,455 135,972 133,907 
Depreciation and amortization106,427 103,234 321,887 312,108 
Impairment of real estate assets683 16,075 6,657 16,075 
General and administrative27,297 26,772 83,347 84,038 
Total operating expenses221,618 230,427 674,925 664,107 
Other income (expense)
Dividends and interest1,364 1,191 8,481 4,087 
Interest expense(59,176)(56,680)(179,466)(165,173)
Gain on sale of real estate assets8,863 40,018 70,780 58,843 
Loss on extinguishment of debt, net— — — (296)
Other (889)(703)(3,925)(2,076)
Total other expense(49,838)(16,174)(104,130)(104,615)
Net income88,142 94,242 289,561 249,125 
Net income attributable to non-controlling interests(388)(7)(546)(22)
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Net income attributable to Brixmor Property Group Inc. per common share:
Basic $0.29 $0.31 $0.94 $0.81 
Diluted $0.28 $0.31 $0.94 $0.81 
Weighted average shares:
Basic 307,305 307,193 307,248 307,132 
Diluted 308,135 308,084 307,997 307,974 






















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FUNDS FROM OPERATIONS (FFO)
Unaudited, dollars in thousands, except per share amounts
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Depreciation and amortization related to real estate105,042 101,995 317,851 308,534 
Gain on sale of real estate assets(8,863)(40,018)(70,780)(58,843)
Impairment of real estate assets683 16,075 6,657 16,075 
Nareit FFO$184,616 $172,287 $542,743 $514,869 
Nareit FFO per diluted share$0.60 $0.56 $1.76 $1.67 
Weighted average diluted shares outstanding308,135 308,084 307,997 307,974 
Items that impact FFO comparability
Transaction expenses, net$(115)$— $(165)$(22)
Loss on extinguishment of debt, net— — — (296)
Total items that impact FFO comparability$(115)$— $(165)$(318)
Items that impact FFO comparability, net per share$(0.00)$0.00 $(0.00)$(0.00)
Additional Disclosures
Straight-line rental income, net$7,680 $9,858 $21,473 $27,120 
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements3,363 5,124 11,161 11,813 
Straight-line ground rent expense, net (1)(335)(158)(656)(433)
Dividends declared per share$0.3075 $0.2875 $0.9225 $0.8625 
Dividends declared$94,363 $88,004 $283,078 $263,999 
Dividend payout ratio (as % of Nareit FFO) 51.1 %51.1 %52.2 %51.3 %
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.























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SAME PROPERTY NOI ANALYSIS
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/269/30/25Change9/30/269/30/25Change
Same Property NOI Analysis
Number of properties338 338 — 335 335 — 
Percent billed91.3 %90.5 %0.8 %91.3 %90.5 %0.8 %
Percent leased95.6 %94.4 %1.2 %95.5 %94.4 %1.1 %
Revenues
Base rent$245,397 $234,122 $716,532 $685,753 
Expense reimbursements80,372 74,704 235,263 221,544 
Revenues deemed uncollectible(3,710)(3,015)(6,669)(7,514)
Ancillary and other rental income / Other revenues10,284 8,061 28,644 22,333 
Percentage rents1,873 1,204 9,471 7,880 
334,216 315,076 6.1 %983,241 929,996 5.7 %
Operating expenses
Operating costs(39,375)(36,891)(119,198)(111,198)
Real estate taxes(45,004)(43,711)(130,068)(127,948)
(84,379)(80,602)4.7 %(249,266)(239,146)4.2 %
Same property NOI $249,837 $234,474 6.6 %$733,975 $690,850 6.2 %
NOI margin74.8 %74.4 %74.6 %74.3 %
Expense recovery ratio95.3 %92.7 %94.4 %92.6 %
Percent Contribution to Same Property NOI Performance:
ChangePercent ContributionChangePercent Contribution
Base rent$11,275 4.8 %$30,779 4.5 %
Revenues deemed uncollectible(695)(0.3)%845 0.1 %
Net expense reimbursements1,891 0.8 %3,599 0.5 %
Ancillary and other rental income / Other revenues2,223 1.0 %6,311 0.9 %
Percentage rents669 0.3 %1,591 0.2 %
6.6 %6.2 %
Reconciliation of Net income attributable to Brixmor Property Group Inc. to Same Property NOI
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Adjustments:
Non-same property NOI(7,813)(6,599)(31,228)(30,548)
Lease termination fees(4,029)(600)(8,401)(6,063)
Straight-line rental income, net(7,680)(9,858)(21,473)(27,120)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements(3,363)(5,124)(11,161)(11,813)
Straight-line ground rent expense, net335 158 656 433 
Depreciation and amortization106,427 103,234 321,887 312,108 
Impairment of real estate assets683 16,075 6,657 16,075 
General and administrative27,297 26,772 83,347 84,038 
Total other expense49,838 16,174 104,130 104,615 
Net income attributable to non-controlling interests388 7 546 22 
Same property NOI$249,837 $234,474 $733,975 $690,850 



















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EBITDA & RECONCILIATION OF DEBT OBLIGATIONS, NET TO NET PRINCIPAL DEBT
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Net income$88,142 $94,242 $289,561 $249,125 
Interest expense59,176 56,680 179,466 165,173 
Federal and state taxes714 653 2,397 2,113 
Depreciation and amortization106,427 103,234 321,887 312,108 
EBITDA254,459 254,809 793,311 728,519 
Gain on sale of real estate assets(8,863)(40,018)(70,780)(58,843)
Impairment of real estate assets683 16,075 6,657 16,075 
EBITDAre$246,279 $230,866 $729,188 $685,751 
EBITDAre$246,279 $230,866 $729,188 $685,751 
Transaction expenses, net115 — 165 22 
Loss on extinguishment of debt, net— — — 296 
Total adjustments115 — 165 318 
Adjusted EBITDA$246,394 $230,866 $729,353 $686,069 
Adjusted EBITDA$246,394 $230,866 $729,353 $686,069 
Straight-line rental income, net(7,680)(9,858)(21,473)(27,120)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements(3,363)(5,124)(11,161)(11,813)
Straight-line ground rent expense, net (1)335 158 656 433 
Total adjustments (10,708)(14,824)(31,978)(38,500)
Cash Adjusted EBITDA$235,686 $216,042 $697,375 $647,569 
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
Reconciliation of Debt Obligations, Net to Net Principal Debt
As of
9/30/26
Debt obligations, net$5,322,955 
Less: Net unamortized premium(6,725)
Add: Deferred financing fees32,029 
Less: Cash, cash equivalents and restricted cash(183,478)
Net Principal Debt$5,164,781 
Adjusted EBITDA, current quarter annualized$985,576 
Net Principal Debt to Adjusted EBITDA, current quarter annualized5.2x
Adjusted EBITDA, trailing twelve months$969,399 
Net Principal Debt to Adjusted EBITDA, trailing twelve months5.3x















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Exhibit 99.2

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>SUPPLEMENTAL DISCLOSURE
Three Months Ended September 30, 2026





TABLE OF CONTENTS
Page
Glossary of Terms
1
Results Overview & Guidance
3
Financial Summary
Consolidated Balance Sheets
5
Consolidated Statements of Operations
6
EBITDA & Reconciliation of Debt Obligations, Net to Net Principal Debt
7
Funds From Operations (FFO)
8
Supplemental Balance Sheet Detail
9
NOI & Supplemental Statement of Operations Detail
10
Same Property NOI Analysis
11
Capital Expenditures
12
Capitalization, Liquidity & Debt Ratios
13
Debt Obligations
14
Covenant Disclosure
15
Investment Summary
Acquisitions
17
Dispositions
18
Anchor Space Repositioning Summary
19
Outparcel Development Summary
20
Redevelopment Summary
21
Future Redevelopment Opportunities
23
Portfolio Summary
Portfolio Overview
26
Portfolio Composition
27
Top Forty Retailers Ranked by ABR
28
New & Renewal Lease Summary
29
New Lease Net Effective Rent & Leases Signed But Not Yet Commenced
30
Lease Expiration Schedule
31
Major CBSA Detail
32
Properties by State
35
Property List
36
Note: Financial and operational information is unaudited.
For additional information, please visit https://www.brixmor.com; follow Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor, Facebook at https://www.facebook.com/Brixmor, Instagram at https://www.instagram.com/brixmorpropertygroup, and YouTube at https://www.youtube.com/user/Brixmor.
This Supplemental Disclosure may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company’s expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the sections entitled “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and our Form 10-Q for the quarter ended September 30, 2026, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company’s other periodic filings with the SEC. The forward-looking statements speak only as of the date of this release, and the Company expressly disclaims any obligation or undertaking to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except to the extent otherwise required by law.
Supplemental Disclosure - Three Months Ended September 30, 2026
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GLOSSARY OF TERMS
↩ Table of
Contents
Term
Definition
Anchor Spaces
Spaces equal to or greater than 10,000 square feet ("SF") of GLA.
Anchor Space Repositioning
Anchor leasing that is primarily focused on reconfiguring or significantly remerchandising existing space with minimal work required outside of normal tenant improvement and landlord costs.
Annualized Base Rent ("ABR")
Contractual monthly base rent as of a specified date, under leases that have been signed or commenced as of the specified date, multiplied by 12. Annualized base rent differs from how rent is calculated in accordance with GAAP for purposes of financial statements. See Straight-line Rent definition for additional information. For purposes of calculating ABR, all signed or commenced leases with an initial term of one year or greater are included and all signed leases on space that will be vacated by existing tenants in the near term are excluded.
ABR PSF
ABR divided by leased GLA, excluding the GLA of lessee-owned leasehold improvements.
Billed GLA
Aggregate GLA of all commenced leases with an initial term of one year or greater, as of a specified date.
Core-Based Statistical Areas ("CBSA")Defined by the United States Census Bureau as the collection of both Metropolitan and Micropolitan Statistical Areas. Metropolitan Statistical Areas are defined as a region associated with at least one urbanized area that has a population of at least 50,000 and comprises the central county or counties containing the core, plus adjacent outlying counties having a high degree of social and economic integration with the central county or counties as measured through commuting. Micropolitan Statistical Areas are defined as a region with at least one urbanized area that has a population of at least 10,000 but less than 50,000, plus adjacent territories that have a high degree of social and economic integration with the central county or counties as measured through commuting.
References to CBSA rank are based on population estimates from Synergos Technologies, Inc.
EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, & Net Principal Debt to Adjusted EBITDA, trailing twelve months
Supplemental, non-GAAP performance measures. Please see below for more information on the limitations of non-GAAP performance measures.
A reconciliation of net income (calculated in accordance with GAAP) before non-controlling interests to each of these measures is provided on page 7.
EBITDA is calculated as the sum of net income (calculated in accordance with GAAP) before non-controlling interests excluding (i) interest expense, (ii) federal and state taxes, and (iii) depreciation and amortization. EBITDAre, which is computed in accordance with Nareit's definition, represents EBITDA excluding (i) gains and losses from the sale of certain real estate assets, (ii) gains and losses from change in control, (iii) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity. Adjusted EBITDA represents EBITDAre excluding (i) gain (loss) on extinguishment of debt, net and (ii) other items that the Company believes are not indicative of the Company's operating performance. Cash Adjusted EBITDA represents Adjusted EBITDA excluding (i) straight-line rental income, net, (ii) accretion of below-market leases, net of amortization of above-market leases and tenant inducements and (iii) straight-line ground rent expense, net. Net Principal Debt to Adjusted EBITDA, current quarter annualized and Net Principal Debt to Adjusted EBITDA, trailing twelve months are calculated as Net Principal Debt divided by quarterly annualized Adjusted EBITDA or trailing twelve month Adjusted EBITDA, respectively. EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, and Net Principal Debt to Adjusted EBITDA, trailing twelve months are calculated after adjustments for unconsolidated joint ventures to reflect each measure on the same basis.
Generally Accepted Accounting Principles ("GAAP")GAAP refers to a common set of United States of America accounting rules, standards, and procedures issued by the Financial Accounting Standards Board.
Gross Leasable Area ("GLA")
Represents the total amount of leasable property square footage.
Leased GLA
Aggregate GLA of all signed or commenced leases with an initial term of one year or greater, as of a specified date, excluding all signed leases on space that will be vacated by existing tenants in the near term.
Local TenantsSingle-state operators with fewer than 20 locations.
Major TenantsAny grocer and all national / regional anchor tenants, excluding those that are ancillary in nature regardless of term.
Nareit
National Association of Real Estate Investment Trusts.
Nareit Funds From Operations (“FFO")
A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures. A reconciliation of net income (calculated in accordance with GAAP) to Nareit FFO is provided on page 8.
Nareit defines FFO as net income (calculated in accordance with GAAP) excluding (i) depreciation and amortization related to real estate, (ii) gains and losses from the sale of certain real estate assets, (iii) gains and losses from change in control, (iv) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity and (v) after adjustments for unconsolidated joint ventures calculated to reflect FFO on the same basis.
National / Regional TenantsMulti-state operators or single-state operators with 20 or more locations and state agencies and government offices. Includes franchise locations.
Net Effective Rent Before Tenant Specific Landlord WorkAverage ABR PSF over the lease term adjusted for tenant improvements and allowances (excluding base building costs) and third-party leasing commissions. For purposes of calculating net effective rent before tenant specific landlord work, ABR PSF includes the GLA of lessee-owned leasehold improvements.
Net Operating Income ("NOI")
A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures.
A reconciliation of net income (calculated in accordance with GAAP) to NOI 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) lease termination fees, (ii) straight-line rental income, net, (iii) accretion of below-market leases, net of amortization of above-market leases and tenant inducements, (iv) straight-line ground rent expense, net, (v) depreciation and amortization, (vi) impairment of real estate assets, (vii) general and administrative expense, and (viii) other income and expense (including interest expense and gain on sale of real estate assets).
Net Principal Debt
Debt obligations, net, calculated in accordance with GAAP, excluding net unamortized premium or discount and deferred financing fees less cash, cash equivalents, and restricted cash. A reconciliation of debt obligations, net to Net Principal Debt is provided on page 7.
New Development
Refers to ground up development of new shopping centers. Does not refer to outparcel development.
New Development & Reinvestment StabilizationNew Development and Reinvestment projects are deemed stabilized upon reaching 90.0% billed occupancy of the impacted space. New Development projects are included in the operating portfolio upon the earlier of (i) reaching 90.0% billed occupancy of the impacted space or (ii) one year after the associated assets are placed in service.
NOI Yield
Calculated as the projected incremental NOI as a percentage of the estimated incremental third-party costs of a specified project, net of any project specific credits (lease termination fees or other ancillary credits).
Non-controlling InterestsRelate to the portion of Brixmor Property Group Inc. held by the non-controlling interest holders.
Non-owned Major TenantsAlso known as shadow anchors. Refers to tenants that are situated on parcels that are owned by unrelated third parties, but, due to their location within or immediately adjacent to a shopping center, appear to the consumer as a retail tenant of the shopping center and, as a result, attract additional consumer traffic to the center.
Outparcel(s)
Refers to a portion of a shopping center, separate from the main retail buildings and generally located on the outer edge of a property, which may currently, or in the future, contain one or several freestanding buildings.
Outparcel Development
Construction of a new outparcel. May also refer to the demolition of an existing outparcel building to accommodate the construction of a new outparcel.
Percent Billed
Billed GLA as a percentage of total GLA.
Percent Leased
Leased GLA as a percentage of total GLA.
Supplemental Disclosure - Three Months Ended September 30, 2026
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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, new leases signed on first generation space, and new leases that are ancillary in nature regardless of term are deemed non-comparable and excluded from New Rent Spreads.
Renewal Rent Spread
Includes renewal leases signed with the same tenant in all or a portion of the same location or that include the expansion into space that was occupied within the prior 12 months. Renewals that include the expansion of an existing tenant into space that has been vacant for longer than 12 months and renewals that are ancillary in nature regardless of term are deemed non-comparable and excluded from Renewal Rent Spreads.
Option Rent Spread
Includes contractual renewal options exercised by tenants in the same location to extend the term of an expiring lease.
Total Rent Spread
Combined spreads for new, renewal, and option leases.
Same Property NOI
A supplemental, non-GAAP performance measure. Please see below for more information on the limitations of non-GAAP performance measures. A reconciliation of net income (calculated in accordance with GAAP) to Same Property NOI is provided on page 11.
Represents NOI of properties owned for the entirety of both periods and excluding properties under development and completed New Development properties that have been stabilized for less than one year. Same Property NOI excludes income or expense associated with the Company's captive insurance company.
Number of Properties in Same Property NOI Analysis:Three Months
Ended 9/30/26
Nine Months
Ended 9/30/26
Total properties in Brixmor Property Group portfolio345345
Acquired properties excluded from Same Property NOI(7)(8)
Additional exclusions (1)—(2)
Same Property NOI pool (2)338335
(1) Additional exclusions for the nine months ended September 30, 2026 and 2025 include two properties that were subject to partial dispositions in 2025.
(2) The Same Property NOI pool includes the balance of a shopping center when an outparcel has been acquired or if a partial disposition can be disaggregated from the remaining property. One outparcel acquired in 2025 is excluded from the Same Property NOI pool for the three months ended September 30, 2026 and 2025. Two outparcels acquired in 2025 are excluded from the Same Property NOI pool for the nine months ended September 30, 2026 and 2025.
Small Shop Spaces
Spaces less than 10,000 SF of GLA.
Secured Overnight Financing Rate ("SOFR") SOFR is a benchmark interest rate for dollar-denominated derivatives and loans that replaced the London Interbank Offered Rate ("LIBOR").
Straight-line Rent
Non-cash revenue recognized related to the GAAP requirement to average a tenant's contractual base rent over the life of the lease. The Company commences recognizing rental revenue based on the date it makes the underlying asset available for use by the tenant. The cumulative difference between rental revenue recognized and contractual payment terms is recognized as deferred rent and included in Receivables, net on the Consolidated Balance Sheets. The Company periodically evaluates the collectability of its receivables related to straight-line rent. Any receivables that are deemed to be uncollectible are recognized as a reduction to straight-line rental income, net.
Year Built
Year of most recent redevelopment or year built if no redevelopment has occurred.
Non-GAAP Performance Measures
The Company presents the non-GAAP performance measures set forth below. These measures should not be considered as alternatives to, or more meaningful than, net income (calculated in accordance with GAAP) or other GAAP financial measures, as an indicator of financial performance and are not alternatives to, or more meaningful than, cash flow from operating activities (calculated in accordance with GAAP) as a measure of liquidity. Non-GAAP performance measures have limitations as they do not include all items of income and expense that affect operations, and accordingly, should always be considered as supplemental financial results to those calculated in accordance with GAAP. The Company’s computation of these non-GAAP performance measures may differ in certain respects from the methodology utilized by other REITs and, therefore, may not be comparable to similarly titled measures presented by such other REITs. Investors are cautioned that items excluded from these non-GAAP performance measures are relevant to understanding and addressing financial performance.
The Company believes that the non-GAAP performance measures it presents are useful to investors for the following reasons:
  • EBITDA, EBITDAre, Adjusted
       EBITDA, Cash Adjusted EBITDA,
       Net Principal Debt to
       Adjusted EBITDA, current
       quarter annualized, & Net
       Principal Debt to Adjusted
       EBITDA, trailing twelve months
Considering the nature of its business as a real estate owner and operator, the Company believes that EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, and Net Principal Debt to Adjusted EBITDA, trailing twelve months, are useful to investors in measuring its operating performance because they exclude items included in net income (calculated in accordance with GAAP) before non-controlling interests that do not relate to or are not indicative of the operating performance of the Company’s real estate. The Company believes EBITDA, EBITDAre, Adjusted EBITDA, Cash Adjusted EBITDA, Net Principal Debt to Adjusted EBITDA, current quarter annualized, and Net Principal Debt to Adjusted EBITDA, trailing twelve months are widely known and understood measures of performance, independent of a company's capital structure and items which can make periodic and peer analyses of performance more difficult, and that these metrics can provide investors with a more consistent basis by which to compare the Company with its peers.
  • Nareit FFOConsidering the nature of its business as a real estate owner and operator, the Company believes that Nareit FFO is useful to investors in measuring its operating and financial performance because the definition excludes items included in net income (calculated in accordance with GAAP) that do not relate to or are not indicative of the Company’s operating and financial performance, such as depreciation and amortization related to real estate, and items which can make periodic and peer analyses of operating and financial performance more difficult, such as gains and losses from the sale of certain real estate assets and impairment write-downs of certain real estate assets.
  • NOI and Same Property NOI
Considering the nature of its business as a real estate owner and operator, the Company believes that NOI is useful to investors in measuring the operating performance of its portfolio because the definition excludes various items included in net income (calculated in accordance with GAAP) that do not relate to, or are not indicative of, the operating performance of the Company’s properties, such as lease termination fees, straight-line rental income, net, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, straight-line ground rent expense, net, income or expense associated with the Company's captive insurance company, depreciation and amortization, impairment of real estate assets, general and administrative expense, and other income and expense (including interest expense and gain on sale of real estate assets). The Company believes that Same Property NOI is also useful to investors because it further eliminates disparities in NOI by only including NOI of properties owned for the entirety of both periods presented and excluding properties under development and completed New Development properties that have been stabilized for less than one year and therefore provides a more consistent metric for comparing the operating performance of the Company's real estate between periods.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 2
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RESULTS OVERVIEW & GUIDANCE
↩ Table of
Contents
Unaudited, dollars in thousands, except per share and per square foot amounts
Three Months Ended
Nine Months Ended
Summary Financial Results
9/30/269/30/259/30/269/30/25
Total revenues (page 6)
$ 359,598$ 340,843$ 1,068,616$ 1,017,847
Net income attributable to Brixmor Property Group Inc. (page 6)
87,75494,235289,015249,103
Net income attributable to Brixmor Property Group Inc. per diluted share (page 6)
0.280.310.940.81
NOI (page 10)
257,650241,073765,203721,398
EBITDA (page 7)
254,459254,809793,311728,519
EBITDAre (page 7)
246,279230,866729,188685,751
Adjusted EBITDA (page 7)
246,394230,866729,353686,069
Cash Adjusted EBITDA (page 7)
235,686216,042697,375647,569
Nareit FFO (page 8)
184,616172,287542,743514,869
Nareit FFO per diluted share (page 8)
0.600.561.761.67
Items that impact FFO comparability, net per share (page 8)
(0.00)0.00(0.00)(0.00)
Dividends declared per share (page 8)
0.30750.28750.92250.8625
Dividend payout ratio (as % of Nareit FFO) (page 8)
51.1 %51.1 %52.2 %51.3 %
Three Months Ended
Summary Operating and Financial Ratios9/30/266/30/263/31/2612/31/259/30/25
NOI margin (page 10)
74.8 %74.2 %74.5 %73.6 %74.1 %
Same property NOI performance (page 11) (1)
6.6 %5.8 %6.4 %6.0 %4.0 %
Fixed charge coverage, current quarter annualized (page 13)
4.1x4.0x4.1x4.0x4.1x
Fixed charge coverage, trailing twelve months (page 13)
4.0x4.0x4.1x4.1x4.1x
Net Principal Debt to Adjusted EBITDA, current quarter annualized (page 7) (2)
5.2x5.3x5.3x5.4x5.6x
Net Principal Debt to Adjusted EBITDA, trailing twelve months (page 7) (2)
5.3x5.4x5.4x5.6x5.7x
Outstanding Classes of StockAs of 9/30/26As of 6/30/26As of 3/31/26As of 12/31/25As of 9/30/25
Common shares outstanding (page 13)
306,872306,872306,837306,105306,100
Three Months Ended
Summary Acquisitions and Dispositions9/30/266/30/263/31/2612/31/259/30/25
Aggregate purchase price of acquisitions (page 17)
$49,500 $164,325 $— $190,689 $223,000 
Aggregate sale price of dispositions (page 18)
42,770 15,120 107,925 170,191 81,197 
NOI adjustment for acquisitions and dispositions, net (3)(455)
Summary Portfolio Statistics (4)As of 9/30/26As of 6/30/26As of 3/31/26As of 12/31/25As of 9/30/25
Number of properties (page 26)
345346344348354
Percent billed (page 26)
91.4 %90.4 %91.4 %91.6 %90.2 %
Percent leased (page 26)
95.6 %94.8 %95.1 %95.1 %94.1 %
ABR PSF (page 26)
$ 19.47$ 19.33$ 19.05$ 18.77$ 18.48
New lease rent spread (page 29)
42.6 %31.3 %41.8 %34.7 %30.5 %
New & renewal lease rent spread (page 29)
25.3 %19.1 %27.0 %24.2 %17.8 %
Total - new, renewal & option lease rent spread (page 29)
17.4 %13.6 %19.0 %18.6 %12.8 %
Total - new, renewal & option GLA (page 29)
2,898,7642,532,7501,994,9432,179,9752,638,011
2026 GuidanceCurrentPrevious
(at 7/27/26)
YTD
Nareit FFO per diluted share$2.36 - $2.38$2.35 - $2.37$1.76
Same property NOI performance5.50% - 5.75%5.00% - 5.75%6.2%
(1) Reflects same property NOI as reported for the specified period.
(2) Net Principal Debt is as of the end of each specified period.
(3) Represents an estimate of the incremental NOI that the Company would have recognized if the assets that were acquired during the quarter had been owned for the full quarter, adjusted for one-time items, net of NOI recognized during the quarter for the assets that were disposed of during the quarter.
(4) Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 3
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>FINANCIAL SUMMARY
Supplemental Disclosure
Three Months Ended September 30, 2026





CONSOLIDATED BALANCE SHEETS
↩ Table of
Contents
Unaudited, dollars in thousands, except share information
As of
As of
9/30/2612/31/25
Assets
Real estate
Land$1,867,480 $1,849,779 
Buildings and tenant improvements9,483,171 9,296,849 
Construction in progress71,276 92,129 
Lease intangibles566,163 548,740 
11,988,090 11,787,497 
Accumulated depreciation and amortization(3,782,174)(3,588,646)
Real estate, net8,205,916 8,198,851 
Cash and cash equivalents164,428 334,422 
Restricted cash19,050 27,108 
Marketable securities21,846 21,283 
Receivables, net, including straight-line rent receivables of $256,014 and $237,837, respectively318,952 315,128 
Deferred charges and prepaid expenses, net178,016 169,326 
Real estate assets held for sale— 4,551 
Other assets114,633 62,468 
Total assets$9,022,841 $9,133,137 
Liabilities
Debt obligations, net$5,322,955 $5,494,753 
Accounts payable, accrued expenses and other liabilities649,178 628,328 
Total liabilities5,972,133 6,123,081 
Redeemable non-controlling interests30,821 — 
Equity
Common stock, $0.01 par value; authorized 3,000,000,000 shares;
315,999,308 and 315,231,761 shares issued and 306,872,316 and 306,104,769
shares outstanding3,068 3,061 
Additional paid-in capital3,431,754 3,437,853 
Accumulated other comprehensive income13,012 1,722 
Distributions in excess of net income(428,189)(432,822)
Total stockholders' equity3,019,645 3,009,814 
Non-controlling interests242 242 
Total equity3,019,887 3,010,056 
Total liabilities and equity$9,022,841 $9,133,137 


Supplemental Disclosure - Three Months Ended September 30, 2026
Page 5
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CONSOLIDATED STATEMENTS OF OPERATIONS
↩ Table of
Contents
Unaudited, dollars in thousands, except per share amounts
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Revenues
Rental income$358,546 $340,618 $1,066,775 $1,017,256 
Other revenues1,052 225 1,841 591 
Total revenues359,598 340,843 1,068,616 1,017,847 
Operating expenses
Operating costs40,921 38,891 127,062 117,979 
Real estate taxes46,290 45,455 135,972 133,907 
Depreciation and amortization106,427 103,234 321,887 312,108 
Impairment of real estate assets683 16,075 6,657 16,075 
General and administrative27,297 26,772 83,347 84,038 
Total operating expenses221,618 230,427 674,925 664,107 
Other income (expense)
Dividends and interest1,364 1,191 8,481 4,087 
Interest expense(59,176)(56,680)(179,466)(165,173)
Gain on sale of real estate assets8,863 40,018 70,780 58,843 
Loss on extinguishment of debt, net— — — (296)
Other (889)(703)(3,925)(2,076)
Total other expense(49,838)(16,174)(104,130)(104,615)
Net income88,142 94,242 289,561 249,125 
Net income attributable to non-controlling interests(388)(7)(546)(22)
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Net income attributable to Brixmor Property Group Inc. per common share:
Basic $0.29 $0.31 $0.94 $0.81 
Diluted $0.28 $0.31 $0.94 $0.81 
Weighted average shares:
Basic 307,305 307,193 307,248 307,132 
Diluted 308,135 308,084 307,997 307,974 

Supplemental Disclosure - Three Months Ended September 30, 2026
Page 6
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EBITDA & RECONCILIATION OF DEBT OBLIGATIONS, NET TO NET PRINCIPAL DEBT
↩ Table of
Contents
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Net income$88,142 $94,242 $289,561 $249,125 
Interest expense59,176 56,680 179,466 165,173 
Federal and state taxes714 653 2,397 2,113 
Depreciation and amortization106,427 103,234 321,887 312,108 
EBITDA254,459 254,809 793,311 728,519 
Gain on sale of real estate assets(8,863)(40,018)(70,780)(58,843)
Impairment of real estate assets683 16,075 6,657 16,075 
EBITDAre$246,279 $230,866 $729,188 $685,751 
EBITDAre$246,279 $230,866 $729,188 $685,751 
Transaction expenses, net115 — 165 22 
Loss on extinguishment of debt, net— — — 296 
Total adjustments115 — 165 318 
Adjusted EBITDA$246,394 $230,866 $729,353 $686,069 
Adjusted EBITDA$246,394 $230,866 $729,353 $686,069 
Straight-line rental income, net(7,680)(9,858)(21,473)(27,120)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements(3,363)(5,124)(11,161)(11,813)
Straight-line ground rent expense, net (1)335 158 656 433 
Total adjustments (10,708)(14,824)(31,978)(38,500)
Cash Adjusted EBITDA$235,686 $216,042 $697,375 $647,569 
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
Reconciliation of Debt Obligations, Net to Net Principal Debt
As of
9/30/26
Debt obligations, net$5,322,955 
Less: Net unamortized premium(6,725)
Add: Deferred financing fees32,029 
Less: Cash, cash equivalents and restricted cash(183,478)
Net Principal Debt$5,164,781 
Adjusted EBITDA, current quarter annualized$985,576 
Net Principal Debt to Adjusted EBITDA, current quarter annualized5.2x
Adjusted EBITDA, trailing twelve months$969,399 
Net Principal Debt to Adjusted EBITDA, trailing twelve months5.3x

Supplemental Disclosure - Three Months Ended September 30, 2026
Page 7
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FUNDS FROM OPERATIONS (FFO)
↩ Table of
Contents
Unaudited, dollars in thousands, except per share amounts
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Depreciation and amortization related to real estate105,042 101,995 317,851 308,534 
Gain on sale of real estate assets(8,863)(40,018)(70,780)(58,843)
Impairment of real estate assets683 16,075 6,657 16,075 
Nareit FFO$184,616 $172,287 $542,743 $514,869 
Nareit FFO per diluted share$0.60 $0.56 $1.76 $1.67 
Weighted average diluted shares outstanding308,135 308,084 307,997 307,974 
Items that impact FFO comparability
Transaction expenses, net$(115)$— $(165)$(22)
Loss on extinguishment of debt, net— — — (296)
Total items that impact FFO comparability$(115)$— $(165)$(318)
Items that impact FFO comparability, net per share$(0.00)$0.00 $(0.00)$(0.00)
Additional Disclosures
Straight-line rental income, net$7,680 $9,858 $21,473 $27,120 
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements3,363 5,124 11,161 11,813 
Straight-line ground rent expense, net (1)(335)(158)(656)(433)
Dividends declared per share$0.3075 $0.2875 $0.9225 $0.8625 
Dividends declared$94,363 $88,004 $283,078 $263,999 
Dividend payout ratio (as % of Nareit FFO) 51.1 %51.1 %52.2 %51.3 %
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.

Supplemental Disclosure - Three Months Ended September 30, 2026
Page 8
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SUPPLEMENTAL BALANCE SHEET DETAIL
↩ Table of
Contents
Unaudited, dollars in thousands
As ofAs of
9/30/2612/31/25
Deferred charges and prepaid expenses, net
Deferred charges, net$146,843 $144,555 
Prepaid expenses, net31,173 24,771 
Total deferred charges and prepaid expenses, net $178,016 $169,326 
Other assets
Right-of-use asset$84,605 $44,114 
Furniture, fixtures and leasehold improvements, net15,782 14,618 
Interest rate derivatives1,924 — 
Other 12,322 3,736 
Total other assets$114,633 $62,468 
Accounts payable, accrued expenses and other liabilities
Accounts payable and other accrued expenses $279,828 $277,615 
Below market leases, net163,017 144,760 
Dividends payable96,344 97,993 
Lease liability55,044 47,351 
Interest rate derivatives— 4,553 
Other 54,945 56,056 
Total accounts payable, accrued expenses and other liabilities$649,178 $628,328 

Supplemental Disclosure - Three Months Ended September 30, 2026
Page 9
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NOI & SUPPLEMENTAL STATEMENT OF OPERATIONS DETAIL
↩ Table of
Contents
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Net Operating Income Detail
Base rent$252,643 $241,437 $747,294 $716,858 
Expense reimbursements82,900 77,234 247,746 231,972 
Revenues deemed uncollectible(3,352)(3,086)(6,894)(7,742)
Ancillary and other rental income / Other revenues10,462 8,447 29,616 23,733 
Percentage rents 1,873 1,229 9,819 8,030 
Operating costs(40,586)(38,733)(126,406)(117,546)
Real estate taxes(46,290)(45,455)(135,972)(133,907)
Net operating income $257,650 $241,073 $765,203 $721,398 
Operating Ratios
NOI margin (NOI / revenues)74.8 %74.1 %74.5 %74.2 %
Expense recovery ratio (expense reimbursements / (operating costs + real estate taxes))95.4 %91.7 %94.4 %92.3 %
Reconciliation of Net Income attributable to Brixmor Property Group Inc. to Net Operating Income
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Lease termination fees(4,029)(600)(8,401)(6,063)
Straight-line rental income, net(7,680)(9,858)(21,473)(27,120)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements(3,363)(5,124)(11,161)(11,813)
Straight-line ground rent expense, net (1)335 158 656 433 
Depreciation and amortization106,427 103,234 321,887 312,108 
Impairment of real estate assets683 16,075 6,657 16,075 
General and administrative27,297 26,772 83,347 84,038 
Total other expense49,838 16,174 104,130 104,615 
Net income attributable to non-controlling interests388 7 546 22 
Net operating income$257,650 $241,073 $765,203 $721,398 
Supplemental Statement of Operations Detail
Rental income
Base rent$252,643 $241,437 $747,294 $716,858 
Expense reimbursements82,900 77,234 247,746 231,972 
Revenues deemed uncollectible(3,352)(3,086)(6,894)(7,742)
Lease termination fees4,029 600 8,401 6,063 
Straight-line rental income, net7,680 9,858 21,473 27,120 
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements3,363 5,124 11,161 11,813 
Ancillary and other rental income9,410 8,222 27,775 23,142 
Percentage rents 1,873 1,229 9,819 8,030 
Total rental income$358,546 $340,618 $1,066,775 $1,017,256 
Other revenues$1,052 $225 $1,841 $591 
Interest expense
Mortgage, note, and other interest$51,915 $48,807 $157,864 $142,439 
Unsecured credit facility and term loan interest6,568 7,651 19,490 22,533 
Capitalized interest (533)(991)(1,765)(3,214)
Deferred financing cost amortization1,954 1,891 5,942 5,472 
Debt premium and discount accretion, net(728)(678)(2,065)(2,057)
Total interest expense$59,176 $56,680 $179,466 $165,173 
Other
Federal and state taxes$714 $653 $2,397 $2,113 
Other175 50 1,528 (37)
Total other$889 $703 $3,925 $2,076 
Additional Disclosures
Capitalized construction compensation costs$3,978 $3,672 $11,856 $12,288 
Capitalized real estate taxes, insurance, and utilities1,196 848 3,587 2,215 
Capitalized leasing legal costs (2)305 268 1,070 1,215 
Capitalized leasing commission costs1,737 1,789 5,523 5,758 
Equity compensation expense, net3,805 4,084 9,782 12,994 
(1) Straight-line ground rent expense, net is included in Operating costs on the Consolidated Statements of Operations.
(2) Capitalized leasing legal costs represent incremental direct costs associated with the execution of a lease.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 10
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SAME PROPERTY NOI ANALYSIS
↩ Table of
Contents
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/269/30/25Change9/30/269/30/25Change
Same Property NOI Analysis
Number of properties338 338 — 335 335 — 
Percent billed91.3 %90.5 %0.8 %91.3 %90.5 %0.8 %
Percent leased95.6 %94.4 %1.2 %95.5 %94.4 %1.1 %
Revenues
Base rent$245,397 $234,122 $716,532 $685,753 
Expense reimbursements80,372 74,704 235,263 221,544 
Revenues deemed uncollectible(3,710)(3,015)(6,669)(7,514)
Ancillary and other rental income / Other revenues10,284 8,061 28,644 22,333 
Percentage rents1,873 1,204 9,471 7,880 
334,216 315,076 6.1 %983,241 929,996 5.7 %
Operating expenses
Operating costs(39,375)(36,891)(119,198)(111,198)
Real estate taxes(45,004)(43,711)(130,068)(127,948)
(84,379)(80,602)4.7 %(249,266)(239,146)4.2 %
Same property NOI $249,837 $234,474 6.6 %$733,975 $690,850 6.2 %
NOI margin74.8 %74.4 %74.6 %74.3 %
Expense recovery ratio95.3 %92.7 %94.4 %92.6 %
Percent Contribution to Same Property NOI Performance:
ChangePercent ContributionChangePercent Contribution
Base rent$11,275 4.8 %$30,779 4.5 %
Revenues deemed uncollectible(695)(0.3)%845 0.1 %
Net expense reimbursements1,891 0.8 %3,599 0.5 %
Ancillary and other rental income / Other revenues2,223 1.0 %6,311 0.9 %
Percentage rents669 0.3 %1,591 0.2 %
6.6 %6.2 %
Reconciliation of Net income attributable to Brixmor Property Group Inc. to Same Property NOI
Net income attributable to Brixmor Property Group Inc.$87,754 $94,235 $289,015 $249,103 
Adjustments:
Non-same property NOI(7,813)(6,599)(31,228)(30,548)
Lease termination fees(4,029)(600)(8,401)(6,063)
Straight-line rental income, net(7,680)(9,858)(21,473)(27,120)
Accretion of below-market leases, net of amortization of above-market leases and tenant inducements(3,363)(5,124)(11,161)(11,813)
Straight-line ground rent expense, net335 158 656 433 
Depreciation and amortization106,427 103,234 321,887 312,108 
Impairment of real estate assets683 16,075 6,657 16,075 
General and administrative27,297 26,772 83,347 84,038 
Total other expense49,838 16,174 104,130 104,615 
Net income attributable to non-controlling interests388 7 546 22 
Same property NOI$249,837 $234,474 $733,975 $690,850 

Supplemental Disclosure - Three Months Ended September 30, 2026
Page 11
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CAPITAL EXPENDITURES
↩ Table of
Contents
Unaudited, dollars in thousands
Three Months EndedNine Months Ended
9/30/269/30/259/30/269/30/25
Leasing related:
Tenant improvements and tenant inducements$20,613 $15,903 $65,199 $54,297 
External leasing commissions3,101 2,502 8,987 9,917 
23,714 18,405 74,186 64,214 
Maintenance capital expenditures9,697 11,975 23,861 20,859 
Total leasing related and maintenance capital expenditures$33,411 $30,380 $98,047 $85,073 
Value-enhancing:
Anchor space repositionings$6,695 $10,091 $16,422 $36,963 
Outparcel developments5,180 853 11,995 5,605 
Redevelopments20,414 23,855 49,809 85,966 
Other (1)2,722 6,791 9,712 12,399 
Total value-enhancing capital expenditures$35,011 $41,590 $87,938 $140,933 
(1) Includes, but is not limited to, minor value-enhancing projects, LED lighting upgrades, and solar projects.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 12
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CAPITALIZATION, LIQUIDITY & DEBT RATIOS
↩ Table of
Contents
Unaudited, dollars and shares in thousands except per share amounts
As ofAs of
9/30/2612/31/25
Equity Capitalization:
Common shares outstanding (1)306,872 306,105 
Common share price$27.60 $26.22 
Total equity capitalization$8,469,667 $8,026,073 
Redeemable non-controlling interests$30,821 $— 
Debt:
Revolving credit facility$— $— 
Term loan facility500,000 500,000 
Unsecured notes4,817,759 5,018,453 
Secured mortgage30,500 — 
Total principal debt 5,348,259 5,518,453 
Add: Net unamortized premium6,725 10,277 
Less: Deferred financing fees(32,029)(33,977)
Debt obligations, net5,322,955 5,494,753 
Less: Cash, cash equivalents and restricted cash (183,478)(361,530)
Net debt $5,139,477 $5,133,223 
Total market capitalization$13,639,965 $13,159,296 
Liquidity (2):
Cash, cash equivalents and restricted cash $183,478 $361,530 
Available under Revolving Credit Facility (3)1,247,052 1,248,597 
Available under unsettled ATM forward equity contracts (4)114,408 — 
$1,544,938 $1,610,127 
Ratios:
Principal debt to total market capitalization39.2%41.9%
Principal debt to total assets, before depreciation41.8%43.4%
Unencumbered assets to unsecured debt2.4x2.3x
Net Principal Debt to Adjusted EBITDA, current quarter annualized (5)5.2x5.4x
Net Principal Debt to Adjusted EBITDA, trailing twelve months (5)5.3x5.6x
Interest coverage, current quarter annualized (Adjusted EBITDA / interest expense)4.2x4.0x
Interest coverage, trailing twelve months (Adjusted EBITDA / interest expense)4.1x4.1x
Fixed charge coverage, current quarter annualized (Adjusted EBITDA / (interest expense + scheduled principal payments + preferred dividends))4.1x4.0x
Fixed charge coverage, trailing twelve months (Adjusted EBITDA / (interest expense + scheduled principal payments + preferred dividends))4.0x4.1x
As ofAs of
9/30/2612/31/25
Percentage of total debt: (6)
Fixed100.0%100.0%
Variable—%—%
Unencumbered summary:
Percent of properties99.7%100.0%
Percent of ABR99.8%100.0%
Percent of NOI99.8%100.0%
Weighted average maturity (years):
Fixed4.7 4.5 
Variable— — 
Total4.7 4.5 
Credit Ratings & Outlook:As of 10/26/26
Fitch RatingsBBBStable
Moody's Investors ServiceBaa2Stable
S&P Global RatingsBBBPositive
(1) Does not include the unsettled common shares sold under unsettled ATM forward equity contracts.
(2) Does not include a commitment letter for up to $988.0 million of senior unsecured term loan financing available as of September 30, 2026.
(3) Funds available under the Revolving Credit Facility are reduced by outstanding letters of credit totaling $2.9 million.
(4) As of September 30, 2026, the Company had unsettled ATM forward equity contracts to issue 3.9 million shares of common stock.
(5) Net Principal Debt is as of the end of each specified period.
(6) Includes the impact of the Company's interest rate swap agreements.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 13
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DEBT OBLIGATIONS
↩ Table of
Contents
Unaudited, dollars in thousands
Maturity Schedule - Debt Obligations
YearMaturitiesWeighted Average Stated Interest Rate (1)
2026$6,848 7.65%
2027400,000 3.90%
2028357,708 2.35%
2029753,203 4.14%
20301,300,000 4.31%
2031530,500 2.67%
2032400,000 5.20%
2033400,000 4.85%
2034400,000 5.50%
2035400,000 5.75%
2036+400,000 5.38%
Total Debt Obligations$             5,348,259 4.35%
Net unamortized premium6,725 
Deferred financing costs (32,029)
Debt Obligations, Net$             5,322,955 

Summary of Outstanding Debt Obligations
OutstandingWeighted AverageMaturityPercent of
LoanPrincipal BalanceStated Interest Rate (1)DateTotal Indebtedness
Fixed Rate Debt:
Secured Mortgages
Mayfair Shopping Center$30,500 5.50%6/1/310.57%
Unsecured fixed rate debt
Term Loan Facility (SOFR + 85 basis points) (2)(3)(4)500,000 4.73%4/30/309.35%
Unsecured Notes
7.65% 2026 Brixmor LLC Notes6,100 7.65%11/2/260.11%
7.68% 2026 Brixmor LLC Notes I748 7.68%11/2/260.01%
3.90% 2027 Brixmor OP Notes400,000 3.90%3/15/277.48%
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%
2.25% 2028 Brixmor OP Notes350,000 2.25%4/1/286.55%
4.13% 2029 Brixmor OP Notes750,000 4.13%5/15/2914.02%
7.50% 2029 Brixmor LLC Notes3,203 7.50%7/30/290.06%
4.05% 2030 Brixmor OP Notes800,000 4.05%7/1/3014.96%
2.50% 2031 Brixmor OP Notes500,000 2.50%8/16/319.35%
5.20% 2032 Brixmor OP Notes400,000 5.20%4/1/327.48%
4.85% 2033 Brixmor OP Notes400,000 4.85%2/15/337.48%
5.50% 2034 Brixmor OP Notes400,000 5.50%2/15/347.48%
5.75% 2035 Brixmor OP Notes400,000 5.75%2/15/357.48%
5.38% 2036 Brixmor OP Notes400,000 5.38%6/15/367.48%
Total Fixed Rate Unsecured Notes4,817,759 4.30%90.08%
Total Fixed Rate Debt$5,348,259 4.35%100.00%
Variable Rate Debt:
Revolving Credit Facility (SOFR + 77.5 basis points) (4)$— 4.68%4/30/29—%
Total Variable Rate Debt$— 4.68%—%
Total Debt Obligations$5,348,259 4.35%100.00%
Net unamortized premium6,725 
Deferred financing costs (32,029)
Debt Obligations, Net$5,322,955 
(1) Weighted average stated interest rate includes the impact of the Company's interest rate swap agreements.
(2) Effective July 26, 2024, $300.0 million of the Term Loan Facility is swapped from SOFR to a fixed, combined rate of 4.08% (plus a spread, currently 85 basis points) through July 26, 2027.
(3) Effective May 1, 2023, $200.0 million of the Term Loan Facility is swapped from SOFR to a fixed, combined rate of 3.59% (plus a spread, currently 85 basis points) through July 26, 2027.
(4) As of September 30, 2026, the Revolving Credit Facility and Term Loan Facility qualify for reductions of 7.5 basis points and 10 basis points, respectively, in the applicable credit spreads due to the achievement of certain leverage ratio metric targets.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 14
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COVENANT DISCLOSURE
↩ Table of
Contents
Unaudited, dollars in thousands
Unsecured OP Notes Covenant Disclosure
Covenants9/30/26
I. Aggregate debt test < 65%42.9%
Total Debt5,322,955 
Total Assets12,401,458 
II. Secured debt test< 40%0.2%
Total Secured Debt30,500 
Total Assets12,401,458 
III. Unencumbered asset ratio > 150%232.8%
Total Unencumbered Assets12,321,052 
Unsecured Debt5,292,455 
Prior Twelve MonthsPrior Six Months, Annualized
IV. Debt service test (1) > 1.5x4.1x4.1x
Consolidated EBITDA969,399 976,222 
Annual Debt Service Charge236,042 236,513 
(1) For the OP's 2.25% 2028 Notes, 4.05% 2030 Notes, 2.50% 2031 Notes, 5.20% 2032 Notes, 4.85% 2033 Notes, 5.50% 2034 Notes, 5.75% 2035 Notes, and 5.38% 2036 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 May 5, 2026 and the notes and indenture incorporated therein by reference.
Unsecured Credit Facility Covenant Disclosure
Covenants9/30/26
 I. Leverage ratio < 60% 31.0%
Total Outstanding Indebtedness5,348,259 
Balance Sheet Cash (1)183,478 
Total Asset Value16,662,486 
II. Secured leverage ratio< 40%—%
Total Secured Indebtedness30,500 
Balance Sheet Cash (1)183,478 
Total Asset Value16,662,486 
III. Unsecured leverage ratio < 60% 31.1%
Total Unsecured Indebtedness5,317,759 
Unrestricted Cash (2)164,428 
Unencumbered Asset Value16,592,486 
IV. Fixed charge coverage ratio > 1.5x 4.3x
Total Net Operating Income1,034,232 
Capital Expenditure Reserve9,340 
Fixed Charges236,050 
(1) Balance Sheet Cash consists of the OP's Cash and cash equivalents, Restricted cash, and certain Marketable securities.
(2) Unrestricted Cash consists of the OP's Cash and cash equivalents and certain Marketable securities.
For detailed descriptions of the Unsecured Credit Facility covenant calculations and definitions of capitalized terms please refer to the Fourth Amended and Restated Revolving Credit and Second Amended and Restated Term Loan Agreements, dated as of April 24, 2025 filed as Exhibits 10.1 and 10.2, respectively, to Form 10-Q, filed with the Securities and Exchange Commission on April 28, 2025.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 15
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>INVESTMENT SUMMARY
Supplemental Disclosure
Three Months Ended September 30, 2026





ACQUISITIONS
↩ Table of
Contents
Dollars in thousands, except ABR PSF
Property Name
CBSA
Purchase Date
Purchase Price
GLA /
Acres (1)
Percent Leased (1)ABR
PSF (1)(2)
Major Tenants (1)(3)
There were no acquisitions completed during the three months ended March 31, 2026.
Three Months Ended June 30, 2026
Mayfair Shopping CenterNew York-Newark-Jersey City, NY-NJ5/27/26$70,000 221,010 99.1 %$22.84 LIDL, Gap Factory Store, Kids Empire, PGA TOUR Superstore, Planet Fitness
Vintage MarketplaceHouston-Pasadena-The Woodlands, TX5/27/2632,700 72,184 91.6 %28.42 Whole Foods Market (Amazon)
Stanford StationPanama City-Panama City Beach, FL6/23/2615,125 96,844 98.6 %11.42 Academy Sports + Outdoors
Jones CrossingCollege Station-Bryan, TX6/23/2646,500 163,472 100.0 %64.48 H-E-B
$164,325 553,510 
Three Months Ended September 30, 2026
Village West Shopping CenterRiverside-San Bernardino-Ontario, CA8/11/26$49,500 195,862 86.4 %$19.94 Stater Bros., Goodwill, Old Navy, Ross Dress for Less, WSS
$49,500 195,862 
TOTAL - NINE MONTHS ENDED SEPTEMBER 30, 2026$213,825 749,372 
(1) Data presented is as of the quarter end subsequent to the acquisition date.
(2) ABR PSF excludes the GLA of lessee-owned leasehold improvements.
(3) Major tenants exclude non-owned major tenants.



Supplemental Disclosure - Three Months Ended September 30, 2026
Page 17
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DISPOSITIONS
↩ Table of
Contents
Dollars in thousands, except ABR PSF
Property Name
CBSA
Sale Date
Sale Price
GLA /
Acres (1)
Percent Leased (1)ABR
PSF (1)(2)
Major Tenants (1)(3)
Three Months Ended March 31, 2026
Park Hills PlazaAltoona, PA1/26/26$5,175 9,894 100.0 %$39.52 -
Spencer SquareHouston-Pasadena-The Woodlands, TX1/29/2630,750 181,888 95.1 %12.26 Kroger, bealls, Octapharma, Petco, Retro Fitness
Southland Shopping CenterCleveland, OH3/16/2657,500 421,977 81.2 %14.67 Giant Eagle, Marc's, Crunch Fitness, Dollar Tree, Five Below, Marshalls, OfficeMax, Petco
BroadwayHouston-Pasadena-The Woodlands, TX3/19/2614,500 74,988 100.0 %14.55 El Ahorro Supermarket, Blink Fitness (Equinox), Melrose Fashions
$107,925 688,747 
Three Months Ended June 30, 2026
Farmington CrossroadsDetroit-Warren-Dearborn, MI4/15/26$11,250 85,168 100.0 %$12.73 Ollie's Bargain Outlet, True Value
Harpers StationCincinnati, OH-KY-IN6/30/263,870 8,200 100.0 %34.02 -
$15,120 93,368 
Three Months Ended September 30, 2026
Liberty CornersKansas City, MO-KS9/17/26$19,500 124,808 91.4 %$10.52 Price Chopper (Cosentino Group)
High Point CentreChicago-Naperville-Elgin, IL-IN9/24/2623,270 240,345 70.1 %15.54 Altitude Trampoline Park, LA Fitness
$42,770 365,153 
TOTAL - NINE MONTHS ENDED SEPTEMBER 30, 2026$165,815 1,147,268 
(1) Data presented is as of the quarter end prior to the sale date.
(2) ABR PSF excludes the GLA of lessee-owned leasehold improvements.
(3) Major tenants exclude non-owned major tenants.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 18
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ANCHOR SPACE REPOSITIONING SUMMARY
↩ Table of
Contents
Dollars in thousands
Property Name
CBSADescription
IN PROCESS ANCHOR SPACE REPOSITIONINGS
In Process Projects
1 Carmen PlazaOxnard-Thousand Oaks-Ventura, CARemerchandise former 24 Hour Fitness with a 37K SF specialty grocer
2 Arapahoe Crossings - Project IIDenver-Aurora-Centennial, CORemerchandise former Kohl's with a 54K SF Hobby Lobby and additional retailers
3 Arapahoe Crossings - Project IIIDenver-Aurora-Centennial, CORemerchandise former buybuy BABY with a 12K SF Miniso and an additional retailer
4 The Plaza at Buckland HillsHartford-West Hartford-East Hartford, CTRemerchandise former JOANN and Party City with a 32K SF Ross Dress for Less and a 25K SF Nordstrom Rack
5 Colonial Commons - OrangeNew Haven, CTRemerchandise former Christmas Tree Shops with a 53K SF Big Y grocer
6 Northgate Shopping CenterDeltona-Daytona Beach-Ormond Beach, FLRemerchandise former Big Lots with a 27K SF Marshalls and additional retailers
7 Regency Park Shopping CenterJacksonville, FLRemerchandise former Party City with an 11K SF NetCost Market grocer
8 Colonial MarketplaceOrlando-Kissimmee-Sanford, FLRemerchandise former Burlington Stores with a 23K SF Sierra, a 13K SF specialty grocer, and additional retailers
9 Vineyards at Chateau ElanAtlanta-Sandy Springs-Roswell, GARemerchandise former Publix with a 23K SF Sprouts Farmers Market and a 22K SF Ross Dress for Less
10 Sun Ray Shopping Center - Project IIMinneapolis-St. Paul-Bloomington, MN-WIRemerchandise former T.J. Maxx and adjacent small shop space with a 19K SF Burlington Stores and additional retailers
11 Capitol Shopping CenterConcord, NHRightsize existing Burlington Stores to 23K SF to accommodate the addition of a 13K SF Boot Barn, a 10K SF Five Below, and a 9K SF Ulta
12 Old Bridge GatewayNew York-Newark-Jersey City, NY-NJRemerchandise former Robert Wood Johnson Fitness with a 22K SF Ross Dress for Less and additional retailers
13 Roanoke PlazaNew York-Newark-Jersey City, NY-NJRemerchandise former T.J. Maxx with a 22K SF Ross Dress for Less and a 15K SF Boot Barn
14 Wilkes-Barre Township MarketplaceScranton--Wilkes-Barre, PARemerchandise former Party City with a 16K SF NetCost Market grocer
15 Merchants ParkHouston-Pasadena-The Woodlands, TXCombine multiple adjacent spaces for a 25K SF Marshalls
Number of ProjectsNet Estimated Costs (1)Gross Costs to DateExpected NOI Yield (1)
Total In Process15 $77,350 $37,700 7% - 14%
STABILIZED ANCHOR SPACE REPOSITIONINGS
Projects Stabilized During the Three Months Ended September 30, 2026
1 Westridge Court / Block 59Chicago-Naperville-Elgin, IL-INReconfigure and remerchandise former Bed Bath & Beyond with a 26K SF Wayfair Outlet (expanding from existing adjacent location) and a 16K SF L.L.Bean
Projects Stabilized During the Six Months Ended June 30, 2026
2 Pine Tree Shopping CenterPortland-South Portland, MERemerchandise former Big Lots with a 25K SF ALDI
3 Northshore - Project IIHouston-Pasadena-The Woodlands, TXRemerchandise and expand former Sellers Bros. with a 30K SF El Rancho (Heritage Grocers)
Number of ProjectsNet Project
Costs (1)
NOI Yield (1)
Total Stabilized3 $7,000 15%
(1) Reflects gross project costs less any project specific credits (lease termination fees or other ancillary credits).
The in process projects listed above are actively underway and reflect projects for which leases have been signed with the tenant(s) listed in the project descriptions. There is no guarantee that the Company will complete any or all of these projects or that the net estimated costs or expected NOI yields will be the amounts shown. The net estimated costs and expected NOI yields are management's best estimates based on current information and may change over time. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 19
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OUTPARCEL DEVELOPMENT SUMMARY
↩ Table of
Contents
Dollars in thousands
Stabilization
Net Estimated Gross Costs
Expected
Property Name
CBSA
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, 2026
1 Montebello PlazaLos Angeles-Long Beach-Anaheim, CAConstruction of a 1K SF Dutch Bros with a drive-thruMar-27$350 $150 74 %
2 Santa Paula CenterOxnard-Thousand Oaks-Ventura, CAConstruction of a 1K SF Dutch Bros with a drive-thruJun-27450 100 30 %
3 Western Hills PlazaCincinnati, OH-KY-INConstruction of a 3K SF Chase Bank with a drive-thruSep-27150 100 89 %
In Process Projects
4 Wallkill PlazaKiryas Joel-Poughkeepsie-Newburgh, NYConstruction of a 5K SF Chick-fil-ADec-26200 150 113 %
5 Crown PointColumbus, OHConstruction of a 0.3K SF Biggby Coffee with a drive-thruDec-26150 — 38 %
6 Village at Mira MesaSan Diego-Chula Vista-Carlsbad, CAConstruction of a 1K SF Dutch Bros with a drive-thruMar-27150 150 148 %
7 Town SquareBinghamton, NYConstruction of a 6K SF Chick-fil-AMar-27200 150 7 %
8 Laurel SquareNew York-Newark-Jersey City, NY-NJConstruction of a 5K SF multi-tenant outparcel, including a 3K SF Chipotle with a drive-thru and a 2K SF Quickway Japanese Hibachi; and construction of a 3K SF Starbucks with a drive-thruMar-273,650 3,000 14 %
9 Bay ForestHouston-Pasadena-The Woodlands, TXConstruction of a 7K SF Mavis Tires & BrakesMar-2750 50 124 %
10 Hanover SquareRichmond, VAConstruction of two multi-tenant outparcels, including a 4K SF First Watch, a 2K SF Cava with a drive-thru, a 2K SF Habit Burger, and a 2K SF Panda ExpressMar-277,400 6,550 9 %
11 Pacoima CenterLos Angeles-Long Beach-Anaheim, CAConstruction of a 3K SF Starbucks with a drive-thruJun-271,050 500 25 %
12 Arvada PlazaDenver-Aurora-Centennial, COConstruction of a 3K SF PNC Bank with a drive-thruJun-27500 200 12 %
13 Stratford SquareBridgeport-Stamford-Danbury, CTConstruction of a 19K SF ALDIJun-273,700 1,550 6 %
14 Northtown PlazaHouston-Pasadena-The Woodlands, TXConstruction of a 2K SF Take 5 Oil ChangeJun-27100 100 71 %
15 Lynn MarketplaceBoston-Cambridge-Newton, MA-NHConstruction of a 7K SF multi-tenant outparcel, including a 2K SF Chipotle, a 2K SF Panda Express, and a 2K SF Jersey Mike'sSep-274,900 2,700 10 %
16 Regency Park Shopping CenterJacksonville, FLConstruction of a 5K SF Bank of America with a drive-thruDec-271,650 250 14 %
TOTAL IN PROCESS OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$24,650 $15,700 15 %
StabilizationNet Project
Property NameCBSAProject DescriptionQuarter Costs (1,2)NOI Yield (1,2)
STABILIZED OUTPARCEL DEVELOPMENTS
Projects Stabilized During the Six Months Ended June 30, 2026
1 Venice Village1North Port-Bradenton-Sarasota, FLConstruction of a 2K SF Chipotle with a drive-thruJun-26$1,750 10 %
2 Martin Downs Village Center (3)Port St. Lucie, FLConstruction of a 2K SF Chipotle with a drive-thru and a 2K SF Wendy's with a drive-thruJun-263,100 10 %
3 Sunshine SquareNew York-Newark-Jersey City, NY-NJConstruction of a 2K SF Taco BellJun-26500 23 %
TOTAL STABILIZED OUTPARCEL DEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$5,350 11 %
(1) Reflects 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 $0.2M of project specific credits (lease termination fees or other ancillary credits).
The in process projects listed above are actively underway and reflect projects for which leases have been signed with the tenant(s) listed in the project descriptions. There is no guarantee that the Company will complete any or all of these projects, that the
net estimated costs or expected NOI yields will be the amounts shown, or that stabilization will occur as anticipated. The net estimated costs, expected NOI yields, and anticipated stabilization dates are management's best estimates based on current
information and may change over time. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 20
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REDEVELOPMENT SUMMARY
↩ Table of
Contents
Dollars in thousands
Net
Gross
Expected
Property
Stabilization
Estimated
Costs
NOI
Property NameCBSAProject DescriptionAcreageQuarterCosts (1)to Date Yield (1)
New Projects Added To In Process Pipeline During The Three Months Ended September 30, 2026
1 Parkway PlazaWinston-Salem, NCRedevelopment and reconfiguration of center to accommodate addition of a 22K SF Ross Dress for Less, a 20K SF dd's Discounts, and additional retailers; and shopping center upgrades including façade renovations, landscaping, and parking improvements29Jun-28$12,900 $1,350 9 %
2 East Port PlazaPort St. Lucie, FLRedevelopment and reconfiguration of center including demolition of existing Publix to accommodate a new 50K SF prototype; and shopping center upgrades including façade, landscaping, signage, and parking improvements32Sep-288,150 300 10 %
3 Westridge Court / Block 59 - Phase IIIChicago-Naperville-Elgin, IL-INRedevelopment of former Big Lots, Discovery Clothing, and Ulta (previously relocated within the center) with a 97K SF IKEA; and shopping center upgrades to align with previous phase improvements including new landscaping, signage, lighting, and improved vehicular and pedestrian circulation and connectivity82Sep-2814,650 600 9 %
IN PROCESS REDEVELOPMENTS
4 Dalewood I, II & III Shopping CenterNew York-Newark-Jersey City, NY-NJRedevelopment of former Christmas Tree Shops with a 21K SF Sprouts Farmers Market and an additional retailer; remerchandise 19K SF of retail space with restaurants; and shopping center upgrades including façade renovations and parking lot reconfiguration6Mar-2711,100 7,900 6 %
5 Barn Plaza - Phase IIPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDDemolition of 49K SF former freestanding theater to accommodate construction of three multi-tenant outparcel buildings totaling 46K SF, including a 13K SF Pottery Barn, a 6K SF Burton's Grill & Bar, a 6K SF Williams Sonoma, a 5K SF Sephora, a 3K SF Shake Shack, a 2K SF Just Salad, a 2K SF Naya, and a 2K SF Starbucks with a drive-thru; and shopping center upgrades including new storm water management, lighting, landscaping, signage, and improved vehicular and pedestrian connectivity42Sep-2724,500 8,400 11 %
6 Roosevelt Mall - Phase IIIPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDConstruction of a 37K SF multi-tenant outparcel building at property entrance, including a 10K SF Ulta, a 6K SF Victoria's Secret, a 5K SF LOFT Outlet, a 3K SF Cava, a 3K SF Shake Shack, and additional retailers; reconfigure several existing small shop vacancies and remerchandise with a 13K SF Teso Life and additional retailers; and shopping center upgrades to align with previous phase improvements including façade and sidewalk renovations, new landscaping and signage, and common area enhancements36Sep-2721,450 7,950 11 %
7 Wynnewood Village - Phase VDallas-Fort Worth-Arlington, TXRedevelopment of vacant outparcel pads, including the construction of a multi-tenant outparcel building for a 3K SF Cava and a 2K SF Chipotle, construction of a 3K SF Chase outparcel, and the construction of a 7K SF Olive Garden outparcel; reconfiguration of inline retail space to accommodate a 19K SF dd’s Discounts and additional retailers; and shopping center upgrades including façade renovations, landscaping enhancements, and parking lot improvements65Sep-2715,150 4,550 9 %
8 Sunrise Town CenterMiami-Fort Lauderdale-West Palm Beach, FLDemolition of 52K SF former fitness center to accommodate construction of a 47K SF Publix; reconfigure and remerchandise several small shop spaces; and shopping center upgrades including façade renovations and parking lot improvements17Dec-2712,000 900 14 %
9 Pointe Orlando - Phase IIIOrlando-Kissimmee-Sanford, FLRemerchandise with relevant retailers including a two-story 18K SF Museum of Ice Cream and an additional retailer; and shopping center upgrades to align with previous phase improvements including façade, landscaping, and lighting; and common area enhancements including public seating areas and improved pedestrian plazas17Dec-2712,500 3,600 23 %
10 Morris Hills Shopping CenterNew York-Newark-Jersey City, NY-NJRedevelopment and reconfiguration of center to accommodate addition of a 13K SF specialty grocer, a 3K SF Paris Baguette, and additional retailers; and shopping center upgrades including landscaping, lighting, façade, signage, pylon improvements, and parking lot reconfigurations18Dec-2715,000 1,100 8 %
11 Circle CenterHilton Head Island-Bluffton-Port Royal, SCDemolition of 45K SF former BI-LO to accommodate construction of a 48K SF Publix; reconfigure and remerchandise several small shop spaces; and pedestrian improvements, including sidewalk access to new municipal park7Dec-2712,550 1,700 6 %
12 Rockland PlazaNew York-Newark-Jersey City, NY-NJExtensive reconfiguration of center including redevelopment and rightsizing of former Barnes & Noble and Petco with a 25K SF Nordstrom Rack, a 5K SF Ann Taylor Factory Store, a 4K SF Motion PT, and additional retailers; redevelopment and rightsize of former Modells Sporting Goods and Marshalls to accommodate a 30K SF Ross Dress for Less, a 29K SF Burlington Stores, a 2K SF Honeygrow, a 2K SF Naya, a 1K SF Jersey Mike’s, and additional retailers; remerchandise several small shop spaces including the addition of a 3K SF Quickway Hibachi; construction of a 5K SF outparcel; and shopping center upgrades including comprehensive façade renovations, new landscaping, site lighting and signage, and structural upgrades27Mar-2829,450 6,950 12 %
13 Westridge Court / Block 59 - Phase IIChicago-Naperville-Elgin, IL-INConstruction of two multi-tenant buildings totaling 22K SF surrounding the newly redeveloped restaurant, entertainment, and event district; and shopping center upgrades to align with previous phase improvements including new landscaping, signage, lighting, and improved vehicular and pedestrian circulation and connectivity82Jun-2816,350 6,750 9 %
14 South Towne CentreDayton-Kettering-Beavercreek, OHRedevelopment and reconfiguration of center to accommodate addition of a 51K SF VASA Fitness, a 25K SF HomeSense, an 18K SF Barnes & Noble, an 18K SF Sierra, and an additional retailer; and shopping center upgrades including façade renovations29Jun-2813,700 700 10 %
15 Market PlazaDallas-Fort Worth-Arlington, TXRedevelopment and reconfiguration of shopping center including demolition of 23K SF to accommodate construction of a 26K SF Kirby Ice House, including a 10K SF restaurant and 16K SF of outdoor seating and entertainment space; remerchandise 23K SF of retail space to accommodate additional retailers; and shopping center upgrades including façade renovations, landscaping enhancements, and related site improvements27Jun-2810,200 700 12 %
TOTAL IN PROCESS REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$229,650 $53,450 11 %
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 21
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REDEVELOPMENT SUMMARY
↩ Table of
Contents
Dollars in thousands
Property
Stabilization
Net Project
NOI
Property Name
CBSA
Project Description
Acreage
Quarter
 Costs (1,2)Yield (1,2)
STABILIZED REDEVELOPMENTS
Projects Stabilized During The Three Months Ended September 30, 2026
1 Tinley Park Plaza (3)Chicago-Naperville-Elgin, IL-INRedevelopment of former Walt's and adjacent space with a 22K SF Ross Dress for Less, a 9K SF Five Below, a 3K SF The Athlete’s Foot, and additional retailers; construction of a 5K SF Fifth Third Bank outparcel; and shopping center upgrades including façade and roof renovations22Sep-26$11,550 13 %
2 Hillcrest Market PlaceSpartanburg, SCRedevelopment and reconfiguration of adjacent small shop space to accommodate addition of a 6K SF J.Crew, a 5K SF Hallmark, and additional retailers surrounding a newly constructed outdoor community courtyard; and shopping center upgrades including façade, landscaping, and common area enhancements38Sep-265,000 11 %
3 Preston Park Village (4)Dallas-Fort Worth-Arlington, TXRedevelopment of former Kroger with a 24K SF HomeGoods and a 13K SF Petco; construction of a 3K SF outparcel; and shopping center upgrades including expansion and upgrade of existing outdoor dining patios, façade renovations, parking reconfiguration, and landscaping and signage enhancements26Sep-2635,550 8 %
Projects Stabilized During The Six Months Ended June 30, 2026
4 Westridge Court / Block 59 - Phase IChicago-Naperville-Elgin, IL-INRedevelopment, reconfiguration, and rebranding of center, including the demolition of an underutilized two-story building, to accommodate the addition of a vibrant restaurant and entertainment district with an event plaza surrounded by several single-tenant buildings and outparcels including a 9K SF The Cheesecake Factory, an 8K SF Yard House, an 8K SF Ruth's Chris Steak House, a 3K SF Shake Shack, and a 2K SF Stan's Donuts; construction of additional multi-tenant outparcels including a 7K SF Piccolo Buco and a 4K SF First Watch and a 3K SF Velvet Taco, a 2K SF Crisp & Green, and a 2K SF Fresh Fin; and shopping center upgrades including new landscaping, signage, lighting, and improved vehicular and pedestrian circulation and connectivity82Mar-2640,600 9 %
5 Wynnewood Village - Phase IV (5)Dallas-Fort Worth-Arlington, TXGround-up construction of a 111K SF Target; remerchandise of existing anchor space with a 26K SF Burlington Stores; and shopping center upgrades including façade renovations, landscaping enhancements, signage upgrades, and parking lot improvements65Mar-2632,650 9 %
TOTAL STABILIZED REDEVELOPMENT ACTIVITIES / WEIGHTED AVERAGE$125,350 9 %
(1) Reflects 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 $2.5M of project specific credits (lease termination fees or other ancillary credits).
(4) Net project costs exclude $0.2M of project specific credits (lease termination fees or other ancillary credits).
(5) Net project costs exclude $3.4M of project specific credits (lease termination fees or other ancillary credits).
The in process projects listed above are actively underway and reflect projects for which leases have been signed with the tenant(s) listed in the project descriptions. There is no guarantee that the Company will complete any or all of these projects, that the
net estimated costs or expected NOI yields will be the amounts shown, or that stabilization will occur as anticipated. The net estimated costs, expected NOI yields, and anticipated stabilization dates are management's best estimates based on current
information and may change over time. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 22
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FUTURE REDEVELOPMENT OPPORTUNITIES
↩ Table of
Contents
Property NameCBSAProject Description
MAJOR REDEVELOPMENTS
1 Village at Mira MesaSan Diego-Chula Vista-Carlsbad, CARedevelopment of existing anchor space for potential residential rental component
2 Metro 580San Francisco-Oakland-Fremont, CARedevelopment of existing anchor space for multiple retailers
3 Venetian Isle Shopping CtrMiami-Fort Lauderdale-West Palm Beach, FLRedevelopment of existing anchor space for new anchor prototype, potential outparcel development
4 Britton PlazaTampa-St. Petersburg-Clearwater, FLExtensive repositioning and reconfiguration, densification of site
5 Dolphin VillageTampa-St. Petersburg-Clearwater, FLRedevelopment and reposition of existing center with new anchor prototype
6 Kings MarketAtlanta-Sandy Springs-Roswell, GARedevelopment and repositioning of shopping center, densification of site
7 Northeast Plaza - Future PhasesAtlanta-Sandy Springs-Roswell, GARedevelopment of existing anchor space for multiple retailers, densification of site
8 Kings Park PlazaNew York-Newark-Jersey City, NY-NJRedevelopment of shopping center to leverage proximity to area transit, remerchandise with multiple retailers, potential multi-family component
9 Three Village Shopping CenterNew York-Newark-Jersey City, NY-NJExtensive repositioning and reconfiguration, densification of site
10 Wynnewood Village - Future PhasesDallas-Fort Worth-Arlington, TXRedevelopment and repositioning of shopping center, densification of site
MINOR REDEVELOPMENTS
1 Brea GatewayLos Angeles-Long Beach-Anaheim, CARedevelopment and repositioning of shopping center which may include site densification with addition of outparcel pad development
2 Chino Spectrum Towne CenterRiverside-San Bernardino-Ontario, CARedevelopment and repositioning of shopping center, densification of site
3 Village West Shopping Center (1)Riverside-San Bernardino-Ontario, CADensification of site, including multi-tenant outparcel development
4 The Plaza at Buckland HillsHartford-West Hartford-East Hartford, CTRedevelopment and repositioning of shopping center, densification of site
5 Colonial Commons - OrangeNew Haven, CTRedevelopment and repositioning of shopping center
6 23rd Street StationPanama City-Panama City Beach, FLRedevelopment and repositioning of shopping center
7 Panama City SquarePanama City-Panama City Beach, FLRedevelopment and repositioning of shopping center, densification of site
8 Rutland PlazaTampa-St. Petersburg-Clearwater, FLRedevelopment and repositioning of shopping center
9 Tyrone GardensTampa-St. Petersburg-Clearwater, FLRedevelopment and repositioning of shopping center
10 Cosby StationAtlanta-Sandy Springs-Roswell, GARedevelopment and repositioning of shopping center
11 Elmhurst Crossing (1)Chicago-Naperville-Elgin, IL-INRedevelopment and repositioning of shopping center, densification of site
12 North Riverside PlazaChicago-Naperville-Elgin, IL-INRedevelopment and reposition of rear portion of shopping center
13 Ridge PlazaChicago-Naperville-Elgin, IL-INRedevelopment and repositioning of shopping center
14 Rivercrest Shopping CenterChicago-Naperville-Elgin, IL-INRedevelopment of existing anchor space for multiple retailers
15 Meridian VillageIndianapolis-Carmel-Greenwood, INRedevelopment and repositioning of shopping center
16 Speedway Super Center (1)Indianapolis-Carmel-Greenwood, INRedevelopment and repositioning of shopping center, densification of site
17 Burlington Square I, II & III - Future PhasesBoston-Cambridge-Newton, MA-NHRedevelopment and repositioning of shopping center
18 Webster Square (1)Boston-Cambridge-Newton, MA-NHRedevelopment and repositioning of shopping center, densification of site
19 Maple Village (1)Ann Arbor, MIRedevelopment and repositioning of shopping center, densification of site
20 Hampton Village Centre (1)Detroit-Warren-Dearborn, MIRedevelopment and repositioning of shopping center, densification of site
21 Burning Tree PlazaDuluth, MN-WIRedevelopment of existing anchor space for multiple retailers
22 Richfield HubMinneapolis-St. Paul-Bloomington, MN-WIRedevelopment and repositioning of shopping center, densification of site
23 Mayfair Shopping CenterNew York-Newark-Jersey City, NY-NJRedevelopment and repositioning of shopping center, densification of site
24 Middletown PlazaNew York-Newark-Jersey City, NY-NJRedevelopment of existing anchor space for multiple retailers
25 Morris Hills Shopping Center - Future PhasesNew York-Newark-Jersey City, NY-NJDensification of site, including multi-tenant outparcel development, potential multi-family component
26 Suffolk PlazaNew York-Newark-Jersey City, NY-NJDensification of site, including multi-tenant outparcel development
27 Tinton Falls PlazaNew York-Newark-Jersey City, NY-NJRedevelopment and repositioning of shopping center
28 West CenterNew York-Newark-Jersey City, NY-NJRedevelopment and repositioning of shopping center, densification of site
29 The Commons at Chancellor ParkCharlotte-Concord-Gastonia, NC-SCRedevelopment and repositioning of shopping center
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 23
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FUTURE REDEVELOPMENT OPPORTUNITIES
↩ Table of
Contents
Property NameCBSAProject Description
30 North Ridge Shopping CenterRaleigh-Cary, NCRedevelopment of existing anchor space for multiple retailers, densification of site
31 69th Street PlazaPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDRedevelopment of existing anchor space for multiple retailers, densification of site
32 Bristol ParkPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDRedevelopment of existing anchor space, inline shop space, and façade renovation
33 Roosevelt Mall - Future PhasesPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDExtensive repositioning and reconfiguration, densification of site
34 Warminster Towne CenterPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDRedevelopment and repositioning of shopping center, densification of site
35 Parmer CrossingAustin-Round Rock-San Marcos, TXRedevelopment of existing anchor space for multiple retailers, densification of site
36 Jones CrossingCollege Station-Bryan, TXRedevelopment and repositioning of shopping center, densification of site
37 Arboretum VillageDallas-Fort Worth-Arlington, TXDensification of site, including multi-tenant outparcel development
38 Preston Park Village - Future PhasesDallas-Fort Worth-Arlington, TXRedevelopment and repositioning of shopping center
39 Stevens Park VillageDallas-Fort Worth-Arlington, TXRedevelopment and repositioning of shopping center
40 Clear Lake Camino SouthHouston-Pasadena-The Woodlands, TXRedevelopment of existing anchor space for multiple retailers, densification of site
41 LaCenterra at Cinco RanchHouston-Pasadena-The Woodlands, TXRedevelopment and repositioning of shopping center
42 Lake Pointe VillageHouston-Pasadena-The Woodlands, TXReposition of existing vacant space, densification of site
43 Northshore (1)Houston-Pasadena-The Woodlands, TXRedevelopment and repositioning of shopping center
44 Rutland Plaza (1)Rutland, VTRedevelopment and repositioning of shopping center, densification of site
(1) Indicates project added to the pipeline during the three months ended September 30, 2026.
The Company has identified potential future reinvestment opportunities at the properties listed above. Many of these opportunities are, or will soon be, in preliminary planning phases and as such, may not ultimately become active reinvestments. Proceeding
with these reinvestments could be subject to factors outside of the Company’s control which could delay, suspend, or defer the expected opportunity or timing of execution. While the Company believes that these projects are likely to become active in the
near-term, it should be noted that this list will fluctuate as projects become active, or are suspended or otherwise rescheduled. For more information, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended
December 31, 2025.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 24
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>PORTFOLIO SUMMARY
Supplemental Disclosure
Three Months Ended September 30, 2026




PORTFOLIO OVERVIEW
↩ Table of
Contents
Dollars in thousands, except per square foot amounts


As of:
9/30/266/30/263/31/2612/31/259/30/25
Number of properties345 346 344 348 354 
GLA62,268,872 62,507,837 62,055,877 62,684,741 63,368,510 
Percent billed91.4%90.4%91.4%91.6%90.2%
Percent leased95.6%94.8%95.1%95.1%94.1%
TOTAL ≥ 10,000 SF97.0%95.9%96.5%96.6%95.4%
TOTAL < 10,000 SF92.8%92.6%92.1%92.2%91.4%
ABR$         1,084,149 $         1,072,017 $         1,053,747 $         1,049,958 $         1,034,848 
ABR PSF$               19.47 $               19.33 $               19.05 $               18.77 $               18.48 
PORTFOLIO BY UNIT SIZE AS OF 9/30/26
Number of
Units
GLAPercent of GLAPercent BilledPercent Leased ABRPercent of ABRABR PSF
≥ 35,000 SF370 21,043,619 33.8%94.5%97.3%$           218,095 20.1%$               12.32 
20,000 - 34,999 SF476 12,368,143 19.9%90.9%97.1%162,903 15.0%13.67 
10,000 - 19,999 SF621 8,476,092 13.6%90.7%95.9%140,012 12.9%17.64 
5,000 - 9,999 SF1,079 7,445,008 11.9%89.0%93.6%163,321 15.1%24.60 
< 5,000 SF5,964 12,936,010 20.8%88.7%92.3%399,818 36.9%34.77 
TOTAL8,510 62,268,872 100.0%91.4%95.6%$         1,084,149 100.0%$               19.47 
TOTAL ≥ 10,000 SF1,467 41,887,854 67.3%92.7%97.0%$           521,010 48.0%$               13.87 
TOTAL < 10,000 SF7,043 20,381,018 32.7%88.8%92.8%563,139 52.0%31.04 
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 26
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PORTFOLIO COMPOSITION
Dollars in thousands
NATIONAL / REGIONAL AND LOCAL TENANTS
Percent of Portfolio Leased GLAPercent of Portfolio ABR
chart-86377747cb8342398d8.jpg chart-17e01195ebfe465c93c.jpg


ANCHOR AND SMALL SHOP TENANTS
Percent of Portfolio Leased GLAPercent of Portfolio ABR
chart-a9b3db229cdc4a45907.jpg chart-61c73e1cf55b477386a.jpg












↩ Table of
Contents


Merchandise MixABRPercent of ABR
Restaurants$194,943 18 %
Grocery147,650 14 %
Personal services87,064 8 %
Off-price apparel76,785 7 %
Fitness / sports66,615 6 %
Medical60,731 6 %
Value apparel, shoes, accessories59,391 5 %
General merchandise (department, gift, etc.)47,497 4 %
Home décor41,180 4 %
Health & beauty35,704 3 %
Entertainment34,783 3 %
Financial services29,268 3 %
Pet27,874 3 %
General merchandise (discount / dollar)26,899 2 %
Hobby & crafts24,551 2 %
Electronics & appliance23,407 2 %
Sporting goods19,416 2 %
Home improvement16,650 2 %
Other (1)63,741 6 %
TOTAL$1,084,149 100 %
(1) Other represents categories with percent of ABR of 1% or less including auto, liquor, mail / shipping and other services, office supply, party, pharmacy, and professional services.











Supplemental Disclosure - Three Months Ended September 30, 2026
Page 27
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TOP FORTY RETAILERS RANKED BY ABR
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
RetailerOwned Leases (1)Leased GLA (1)Percent of GLA (1)ABR (1)Percent of ABR (1)ABR PSF (1)
1 The TJX Companies, Inc. (2)97 2,717,031 4.4 %$37,076 3.4 %$13.65 
2 The Kroger Co. (3)43 2,938,234 4.7 %23,846 2.2 %8.12 
3 Burlington Stores, Inc.46 1,725,367 2.8 %21,641 2.0 %12.54 
4 Ross Stores, Inc. (4)58 1,449,470 2.3 %20,013 1.8 %13.81 
5 Publix Super Markets, Inc.33 1,550,039 2.5 %16,537 1.5 %10.67 
6 Dollar Tree Stores, Inc.105 1,226,229 2.0 %15,891 1.5 %12.96 
7 Five Below, Inc.67 634,928 1.0 %13,227 1.2 %20.83 
8 Amazon.com, Inc. / Whole Foods Market Services, Inc.19 692,907 1.1 %13,025 1.2 %18.80 
9 Ulta Beauty, Inc.39 420,978 0.7 %10,695 1.0 %25.41 
10 PetSmart, Inc.28 609,077 1.0 %10,557 1.0 %17.33 
535 13,964,260 22.5 %182,508 16.8 %13.07 
11 Albertson's Companies, Inc. (5)14 749,018 1.2 %10,337 1.0 %13.80 
12 L.A Fitness International, LLC (6)10 418,446 0.7 %8,642 0.8 %20.65 
13 Ahold Delhaize (7)13 736,178 1.2 %8,522 0.8 %11.58 
14 PETCO Animal Supplies, Inc.32 450,934 0.7 %8,393 0.8 %18.61 
15 The Michaels Companies, Inc.25 563,198 0.9 %7,670 0.7 %13.62 
16 Kohl's Corporation13 963,606 1.5 %7,451 0.7 %7.73 
17 Sprouts Farmers Market, Inc.10 268,112 0.4 %6,723 0.6 %25.08 
18 Barnes & Noble, Inc. (8)18 349,602 0.6 %6,344 0.6 %18.15 
19 Best Buy Co., Inc.12 434,051 0.7 %6,025 0.6 %13.88 
20 JP Morgan Chase & Co.27 101,988 0.2 %5,869 0.5 %57.55 
709 18,999,393 30.6 %258,484 23.9 %13.60 
21 DICK's Sporting Goods, Inc. (9)16 325,933 0.5 %5,807 0.5 %17.82 
22 Trader Joe's Company, Inc.15 197,094 0.3 %5,390 0.5 %27.35 
23 Chipotle Mexican Grill, Inc.38 93,408 0.2 %5,169 0.5 %55.34 
24 CVS Health14 218,744 0.4 %5,095 0.5 %23.29 
25 Gap, Inc. (10)16 249,967 0.4 %4,902 0.5 %19.61 
26 Bath & Body Works, Inc.44 194,906 0.3 %4,868 0.4 %24.98 
27 Harbor Freight Tools21 371,512 0.6 %4,688 0.4 %12.62 
28 ALDI17 474,794 0.8 %4,643 0.4 %9.78 
29 National Vision, Inc. (11)41 148,819 0.2 %4,463 0.4 %29.99 
30 H.E. Butt Grocery Company (12)3 262,133 0.4 %4,386 0.4 %16.73 
31 Hobby Lobby Stores, Inc.10 564,599 0.9 %4,346 0.4 %7.70 
32 Starbucks Corporation38 73,293 0.1 %4,264 0.4 %58.18 
33 JD Sports Fashion Plc (13)31 194,928 0.3 %4,235 0.4 %21.73 
34 Boot Barn Holdings, Inc.18 270,150 0.4 %4,199 0.4 %15.54 
35 Wells Fargo & Company17 73,304 0.1 %4,149 0.4 %56.60 
36 Designer Brands, Inc. (DSW)13 249,833 0.4 %4,061 0.4 %16.25 
37 Nordstrom, Inc. (14)7 197,488 0.3 %4,037 0.4 %20.44 
38 Bank of America, NA25 86,966 0.1 %4,000 0.4 %45.99 
39 Skechers U.S.A., Inc.22 207,583 0.3 %3,948 0.4 %19.02 
40 AMC Entertainment4 200,955 0.3 %3,902 0.4 %19.42 
TOTAL TOP 40 RETAILERS1,119 23,655,802 37.9 %$349,036 32.4 %$14.75 
(1) Includes only locations which are owned or guaranteed by the parent company. Excludes(5) Includes Tom Thumb-3, Vons-3, Acme-2, Jewel-Osco-2, Albertsons-1, (10) Includes Old Navy-12, Gap Factory-3, and Athleta-1.
all franchise locations.El Rancho (sublease)-1, Shop & Save Market-1, and Star Market-1.(11) Includes America's Best Contacts & Eyeglasses-39 and Eyeglass World-2.
(2) Includes T.J. Maxx-31, Marshalls-26, HomeGoods-20, Sierra-10, HomeSense-4,(6) Includes LA Fitness-5, Esporta Fitness-3, City Sports Club-1, and XSport Fitness-1.(12) Includes H-E-B-2 and Central Market-1.
Marshalls/HomeGoods-4, and T.J. Maxx/HomeGoods-2.(7) Includes Giant Food-5, Super Stop & Shop-4, Food Lion-2, ShopRite (sublease)-1, and (13) Includes Hibbett-17, DTLR-6, JD Sports-6, and Shoe Palace-2.
(3) Includes Kroger-29, King Soopers-5, Ralphs-3, Harris Teeter-2, Dillons-1, Food 4 Less-1,non-grocer (sublease)-1.(14) Includes Nordstrom Rack-7.
Pay Less-1, and Pick 'N Save-1.(8) Includes Barnes & Noble-16 and Paper Source-2.
(4) Includes Ross Dress for Less-50 and dd's Discounts-8.(9) Includes Foot Locker-5, Golf Galaxy-3, DICK'S Sporting Goods-2, WSS-2,
DICK'S Sporting Goods Warehouse Sale-1, Final Score by Foot Locker-1, Going Going Gone!-1,
and Kids Foot Locker-1.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 28
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NEW & RENEWAL LEASE SUMMARY
↩ Table of
Contents
Dollars in thousands, except per square foot amounts

Tenant Improvements and Allowances PSF (1)Third-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 9/30/26333 2,898,764 $52,459 $18.10 $1.97 $1.65 6.5 279 2,491,081 $18.22 $15.52 17.4 %
Three months ended 6/30/26334 2,532,750 50,350 19.88 3.82 2.12 7.7 267 2,039,405 19.50 17.16 13.6 %
Three months ended 3/31/26285 1,994,943 41,739 20.92 4.12 2.86 6.9 220 1,494,165 20.97 17.62 19.0 %
Three months ended 12/31/25337 2,179,975 44,015 20.19 4.75 3.37 7.5 256 1,739,030 19.36 16.32 18.6 %
TOTAL - TWELVE MONTHS ENDED 9/30/261,289 9,606,432 $188,563 $19.63 $3.54 $2.41 7.1 1,022 7,763,681 $19.34 $16.53 17.0 %

NEW & RENEWAL LEASES ONLY
Three months ended 9/30/26267 1,628,289 $34,470 $21.17 $3.52 $2.94 7.7 213 1,220,606 $22.45 $17.92 25.3 %
Three months ended 6/30/26267 1,423,280 32,639 22.93 6.79 3.77 9.7 200 929,935 23.72 19.92 19.1 %
Three months ended 3/31/26233 1,271,112 29,835 23.47 6.46 4.49 7.9 168 770,334 25.23 19.87 27.0 %
Three months ended 12/31/25293 1,453,359 34,007 23.40 7.13 5.05 8.8 212 1,012,414 23.36 18.81 24.2 %
TOTAL - TWELVE MONTHS ENDED 9/30/261,060 5,776,040 $130,951 $22.67 $5.88 $4.02 8.5 793 3,933,289 $23.53 $19.00 23.8 %
NEW LEASES
Three months ended 9/30/26105 646,935 $14,208 $21.96 $8.71 $7.31 9.9 52 387,682 $20.40 $14.31 42.6 %
Three months ended 6/30/26112 633,541 14,981 23.65 14.55 8.16 10.5 46 190,521 28.43 21.65 31.3 %
Three months ended 3/31/26108 672,792 15,925 23.67 11.36 8.43 9.9 44 197,882 30.26 21.34 41.8 %
Three months ended 12/31/25158 933,708 21,583 23.12 10.06 7.79 10.6 77 492,763 22.79 16.92 34.7 %
TOTAL - TWELVE MONTHS ENDED 9/30/26483 2,886,976 $66,697 $23.10 $11.05 $7.91 10.3 219 1,268,848 $24.07 $17.52 37.4 %
RENEWAL LEASES
Three months ended 9/30/26162 981,354 $20,262 $20.65 $0.09 $0.05 6.3 161 832,924 $23.41 $19.60 19.4 %
Three months ended 6/30/26155 789,739 17,658 22.36 0.56 0.25 9.0 154 739,414 22.50 19.48 15.5 %
Three months ended 3/31/26125 598,320 13,910 23.25 0.96 0.06 5.7 124 572,452 23.49 19.37 21.3 %
Three months ended 12/31/25135 519,651 12,424 23.91 1.86 0.14 5.6 135 519,651 23.91 20.59 16.1 %
TOTAL - TWELVE MONTHS ENDED 9/30/26577 2,889,064 $64,254 $22.24 $0.72 $0.12 6.8 574 2,664,441 $23.27 $19.71 18.1 %
OPTION LEASES
Three months ended 9/30/2666 1,270,475 $17,989 $14.16 $— $— 5.0 66 1,270,475 $14.16 $13.21 7.2 %
Three months ended 6/30/2667 1,109,470 17,711 15.96 — — 5.1 67 1,109,470 15.96 14.85 7.5 %
Three months ended 3/31/2652 723,831 11,904 16.45 — — 5.0 52 723,831 16.45 15.21 8.2 %
Three months ended 12/31/2544 726,616 10,008 13.77 — — 5.0 44 726,616 13.77 12.86 7.1 %
TOTAL - TWELVE MONTHS ENDED 9/30/26229 3,830,392 $57,612 $15.04 $— $— 5.0 229 3,830,392 $15.04 $14.00 7.4 %
LEASES BY ANCHOR AND SMALL SHOPThree Months Ended 9/30/26Twelve Months Ended 9/30/26
% of LeasesGLA% of GLA% of ABRNew ABR PSFRent Spread (2)% of LeasesGLA% of GLA% of ABRNew ABR PSFRent Spread (2)
Anchor Leases (≥ 10,000 SF)
Total - New, Renewal & Option Leases20 %2,152,940 74 %53 %$12.95 18.7 %17 %6,579,765 68 %49 %$14.00 16.9 %
New & Renewal Leases Only14 %1,053,746 65 %42 %13.76 37.9 %12 %3,306,388 57 %38 %15.18 32.3 %
New Leases16 %435,734 67 %48 %15.65 71.4 %14 %1,706,048 59 %41 %15.95 57.4 %
Renewal Leases13 %618,012 63 %38 %12.42 23.5 %11 %1,600,340 55 %36 %14.36 20.3 %
Option Leases41 %1,099,194 87 %74 %12.17 6.4 %41 %3,273,377 85 %73 %12.80 6.9 %
Small Shop Leases (< 10,000 SF)
Total - New, Renewal & Option Leases80 %745,824 26 %47 %$32.96 16.0 %83 %3,026,667 32 %51 %$31.87 17.1 %
New & Renewal Leases Only86 %574,543 35 %58 %34.76 18.0 %88 %2,469,652 43 %62 %32.70 19.5 %
New Leases84 %211,201 33 %52 %34.99 20.3 %86 %1,180,928 41 %59 %33.44 25.7 %
Renewal Leases87 %363,342 37 %62 %34.63 17.4 %89 %1,288,724 45 %64 %32.02 17.0 %
Option Leases59 %171,281 13 %26 %26.93 9.4 %59 %557,015 15 %27 %28.21 8.8 %
(1) Excludes base building costs.
(2) Comparable leases only.
Excludes leases signed for terms of less than one year.
ABR PSF includes the GLA of lessee-owned leasehold improvements.
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 29
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NEW LEASE NET EFFECTIVE RENT & LEASES SIGNED BUT NOT YET COMMENCED
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
NEW LEASE NET EFFECTIVE RENT
Twelve Months EndedThree Months Ended
9/30/269/30/266/30/263/31/2612/31/259/30/25
NEW LEASES
Weighted average over lease term:
Base rent$25.39 $24.10 $26.75 $25.82 $25.06 $28.03 
Tenant improvements and allowances(1.23)(1.07)(1.51)(1.22)(1.17)(0.78)
Third-party leasing commissions(0.78)(0.73)(0.77)(0.83)(0.80)(0.70)
NET EFFECTIVE RENT BEFORE TENANT SPECIFIC LANDLORD WORK23.3822.3024.4723.7723.0926.55
Tenant specific landlord work (1)(2.37)(2.48)(1.68)(2.75)(2.48)(2.02)
NET EFFECTIVE RENT$21.01 $19.82 $22.79 $21.02 $20.61 $24.53 
Net effective rent before tenant specific landlord work /
base rent92%93%91%92%92%95%
Net effective rent / base rent83%82%85%81%82%88%
Weighted average term (years)10.39.910.59.910.611.9
PERCENT OF TOTAL NET EFFECTIVE RENT BY ANCHOR AND SMALL SHOP
≥ 10,000 SF39%46%38%34%38%55%
< 10,000 SF61%54%62%66%62%45%
LEASES SIGNED BUT NOT YET COMMENCED (2) (3)
As of 9/30/2026LeasesGLAABRABR PSF
≥ 10,000 SF852,260,094$37,106 $16.42 
< 10,000 SF278851,76331,79137.32
TOTAL3633,111,857$68,897 $22.14 
EXPECTED TIMING OF THE LEASES SIGNED BUT NOT YET COMMENCED
2026 (remaining)20272028+Total
Projected Lease Commencements$12,741 $48,488 $7,668 $68,897 
(1) Represents base building costs funded through tenant allowances.
(2) Signed but not commenced population represents approximately 500 basis points of total portfolio GLA ($68.9M in ABR), 80 basis points ($9.6M in ABR) of which represents leases on space that will be vacated by existing tenants in the near term.
(3) Includes only new leases and expansions of existing leases.
ABR PSF includes the GLA of lessee-owned leasehold improvements.
Reflects portfolio statistics as reported for the specified period.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 30
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LEASE EXPIRATION SCHEDULE
↩ Table of
Contents
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-M188 693,483 1.2 %1.0 %$16.32 $16.32 16 300,518 0.7 %0.5 %$8.17 $8.17 172 392,965 2.1 %1.6 %$22.55 $22.55 
2026138 608,912 1.0 %0.9 %16.13 16.13 10 299,277 0.7 %0.5 %8.26 8.26 128 309,635 1.6 %1.3 %23.74 23.74 
2027976 6,226,678 10.5 %9.3 %16.15 16.19 140 3,961,390 9.8 %8.1 %10.68 10.68 836 2,265,288 12.0 %10.3 %25.71 25.83 
20281,087 6,522,518 11.0 %11.4 %18.87 19.15 157 4,127,597 10.2 %10.1 %12.77 12.81 930 2,394,921 12.7 %12.5 %29.38 30.07 
20291,029 7,918,007 13.3 %12.3 %16.81 17.26 173 5,569,574 13.7 %12.6 %11.82 11.91 856 2,348,433 12.4 %11.9 %28.65 29.96 
2030940 7,594,950 12.8 %11.9 %17.04 17.63 180 5,319,634 13.1 %12.4 %12.10 12.22 760 2,275,316 12.0 %11.6 %28.60 30.27 
2031842 6,861,419 11.5 %11.1 %17.56 18.59 155 4,837,804 11.9 %11.8 %12.68 12.97 687 2,023,615 10.7 %10.5 %29.23 32.01 
2032559 5,007,942 8.4 %7.8 %16.94 18.66 121 3,645,499 9.0 %8.5 %12.13 13.08 438 1,362,443 7.2 %7.2 %29.82 33.57 
2033454 3,167,531 5.3 %5.8 %19.73 22.23 82 1,969,527 4.8 %5.0 %13.30 14.64 372 1,198,004 6.3 %6.4 %30.30 34.70 
2034447 3,680,818 6.2 %6.4 %18.90 21.44 85 2,540,164 6.3 %6.5 %13.29 14.45 362 1,140,654 6.0 %6.4 %31.41 37.01 
2035402 3,200,872 5.3 %6.4 %21.57 25.11 87 2,190,213 5.4 %6.6 %15.60 17.48 315 1,010,659 5.4 %6.2 %34.53 41.63 
2036+844 8,034,855 13.5 %15.7 %21.21 25.53 209 5,849,196 14.4 %17.4 %15.60 18.15 635 2,185,659 11.6 %14.1 %36.21 45.29 
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-M188 693,483 1.2 %1.0 %$16.32 $16.32 16 300,518 0.7 %0.5 %$8.17 $8.17 172 392,965 2.1 %1.6 %$22.55 $22.55 
2026133 590,212 1.0 %0.9 %15.79 15.79 10 299,277 0.7 %0.5 %8.26 8.26 123 290,935 1.5 %1.2 %23.53 23.53 
2027773 3,396,881 5.7 %5.8 %18.14 18.22 71 1,668,142 4.2 %3.3 %10.31 10.32 702 1,728,739 9.1 %7.8 %25.70 25.84 
2028771 2,457,957 4.1 %5.5 %24.47 25.07 43 816,296 2.0 %2.3 %14.35 14.51 728 1,641,661 8.7 %8.6 %29.50 30.32 
2029660 2,150,099 3.6 %4.8 %24.30 25.53 28 626,739 1.5 %1.7 %14.55 15.18 632 1,523,360 8.1 %7.7 %28.31 29.78 
2030590 2,474,388 4.2 %5.1 %22.49 23.95 47 1,026,240 2.5 %2.9 %14.93 15.40 543 1,448,148 7.7 %7.2 %27.84 30.00 
2031540 2,368,883 4.0 %4.7 %21.41 23.53 37 1,097,790 2.7 %2.6 %12.31 12.73 503 1,271,093 6.6 %6.6 %29.27 32.85 
2032346 1,868,223 3.1 %3.4 %20.02 22.37 49 1,033,983 2.5 %2.5 %12.69 13.87 297 834,240 4.4 %4.3 %29.09 32.91 
2033339 2,096,375 3.5 %3.7 %19.03 21.52 58 1,272,344 3.2 %3.0 %12.36 13.59 281 824,031 4.4 %4.3 %29.33 33.76 
2034342 2,078,639 3.5 %3.7 %19.55 22.41 46 1,220,835 3.1 %2.8 %11.98 13.16 296 857,804 4.5 %4.6 %30.31 35.59 
2035360 2,637,457 4.4 %4.7 %19.34 22.04 69 1,794,322 4.4 %4.5 %13.08 14.20 291 843,135 4.5 %4.9 %32.67 38.73 
2036+2,864 36,705,388 61.7 %56.7 %16.73 22.03 941 29,453,907 72.5 %73.4 %12.98 16.97 1,923 7,251,481 38.4 %41.2 %31.99 42.56 
(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 9/30/2679.9%88.1%
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 31
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MAJOR CBSA DETAIL
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
PROPERTIES BY LARGEST US CBSAsPercent of
Number ofPercentPercentNumber ofPercentPercent
Largest US CBSAs by 2026 PopulationProperties GLA BilledLeased ABR  ABR PSF Propertiesof GLAof ABR
Top 50 Largest US CBSAs by Population243 43,813,536 91.4 %95.2 %$795,393 $20.26 70.4 %70.4 %73.4 %
CBSAs Ranked 51 - 100 by Population31 5,888,351 88.1 %95.4 %88,006 16.75 9.0 %9.5 %8.1 %
Other CBSAs71 12,566,985 93.0 %97.0 %200,750 17.97 20.6 %20.1 %18.5 %
TOTAL345 62,268,872 91.4 %95.6 %$1,084,149 $19.47 100.0 %100.0 %100.0 %
BRIXMOR LARGEST CBSAs BY ABR
Percent of
CBSANumber ofPercentPercentNumber ofPercentPercent
Largest CBSAs by ABRRankProperties GLA BilledLeased ABR  ABR PSF Propertiesof GLAof ABR
1 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD921 3,981,755 94.7 %97.9 %$81,741 $24.16 6.0 %6.5 %7.6 %
2 New York-Newark-Jersey City, NY-NJ128 3,382,224 84.3 %92.7 %81,616 26.33 8.0 %5.5 %7.6 %
3 Houston-Pasadena-The Woodlands, TX527 3,936,547 91.9 %94.6 %70,165 19.06 7.7 %6.4 %6.6 %
4 Dallas-Fort Worth-Arlington, TX413 2,730,155 94.3 %97.6 %58,548 23.38 3.8 %4.5 %5.5 %
5 Chicago-Naperville-Elgin, IL-IN314 3,620,132 88.2 %93.8 %56,363 17.08 4.1 %5.8 %5.2 %
6 Los Angeles-Long Beach-Anaheim, CA211 1,902,113 93.7 %98.8 %48,112 27.96 3.2 %3.1 %4.4 %
7 Atlanta-Sandy Springs-Roswell, GA620 2,947,987 91.6 %95.4 %44,444 16.53 5.8 %4.7 %4.1 %
8 Tampa-St. Petersburg-Clearwater, FL1712 2,240,534 90.8 %92.8 %34,619 17.74 3.5 %3.6 %3.2 %
9 Riverside-San Bernardino-Ontario, CA126 1,158,776 94.9 %96.5 %25,243 27.31 1.7 %1.9 %2.3 %
10 Cincinnati, OH-KY-IN306 1,611,415 98.4 %98.7 %24,134 20.11 1.7 %2.6 %2.2 %
10 Largest CBSAs by ABR—158 27,511,638 91.6 %95.6 %524,985 21.47 45.5 %44.6 %48.7 %
11 Denver-Aurora-Centennial, CO197 1,475,595 90.0 %95.3 %23,531 18.14 2.0 %2.4 %2.2 %
12 Naples-Marco Island, FL1365 1,067,602 94.4 %99.4 %23,299 22.30 1.3 %1.7 %2.1 %
13 Orlando-Kissimmee-Sanford, FL205 807,694 87.8 %95.2 %22,299 29.07 1.3 %1.3 %2.1 %
14 Miami-Fort Lauderdale-West Palm Beach, FL87 1,051,536 89.8 %95.8 %20,264 20.67 2.0 %1.7 %1.9 %
15 San Diego-Chula Vista-Carlsbad, CA183 657,598 96.4 %99.5 %18,995 29.26 0.9 %1.1 %1.8 %
16 Ann Arbor, MI1544 933,492 94.1 %97.7 %17,144 19.01 1.2 %1.5 %1.6 %
17 Detroit-Warren-Dearborn, MI146 1,273,049 96.0 %97.2 %16,883 15.07 1.7 %2.0 %1.6 %
18 Minneapolis-St. Paul-Bloomington, MN-WI168 1,086,642 94.3 %94.6 %16,810 18.06 2.2 %1.7 %1.6 %
19 Charlotte-Concord-Gastonia, NC-SC214 1,301,437 96.6 %97.2 %16,343 14.20 1.1 %2.1 %1.5 %
20 Hartford-West Hartford-East Hartford, CT504 870,067 80.8 %87.8 %14,544 19.47 1.1 %1.4 %1.3 %
20 Largest CBSAs by ABR—211 38,036,350 91.8 %95.7 %715,097 21.00 60.3 %61.5 %66.4 %
21 Boston-Cambridge-Newton, MA-NH116 775,363 92.6 %97.0 %14,167 18.84 1.7 %1.2 %1.3 %
22 Port St. Lucie, FL1035 700,265 93.8 %97.2 %12,457 18.48 1.3 %1.1 %1.1 %
23 North Port-Bradenton-Sarasota, FL615 745,713 96.6 %98.9 %12,287 16.81 1.3 %1.2 %1.1 %
24 Vallejo, CA1201 519,266 93.1 %97.7 %12,209 24.27 0.3 %0.8 %1.1 %
25 Binghamton, NY2034 750,730 98.1 %99.1 %12,170 16.53 1.2 %1.2 %1.1 %
26 Nashville-Davidson--Murfreesboro--Franklin, TN334 771,283 96.9 %97.8 %11,710 15.59 1.2 %1.2 %1.1 %
27 Allentown-Bethlehem-Easton, PA-NJ693 824,148 86.2 %87.7 %10,952 16.70 0.9 %1.3 %1.0 %
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 32
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MAJOR CBSA DETAIL
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
BRIXMOR LARGEST CBSAs BY ABR
Percent of
CBSA
Number of
Percent
Percent
Number of
Percent
Percent
Largest CBSAs by ABRRank
Properties
 GLA
Billed
Leased
 ABR
 ABR PSF
Properties
of GLA
of ABR
28 San Francisco-Oakland-Fremont, CA132 506,513 68.5 %69.4 %10,921 31.27 0.6 %0.8 %1.0 %
29 Memphis, TN-MS-AR451 649,252 85.7 %93.8 %10,132 17.55 0.3 %1.0 %0.9 %
30 Jacksonville, FL383 700,569 84.4 %94.9 %9,119 14.48 0.9 %1.1 %0.8 %
31 Indianapolis-Carmel-Greenwood, IN342 709,560 90.7 %94.1 %9,021 13.77 0.6 %1.1 %0.8 %
32 Louisville/Jefferson County, KY-IN434 697,417 93.7 %98.5 %8,564 12.79 1.2 %1.1 %0.8 %
33 College Station-Bryan, TX1773 460,313 96.4 %99.4 %8,495 31.22 0.9 %0.7 %0.8 %
34 Raleigh-Cary, NC403 462,319 97.5 %98.6 %8,068 17.78 0.9 %0.7 %0.7 %
35 Worcester, MA703 526,403 95.5 %97.0 %7,265 16.90 0.9 %0.8 %0.7 %
36 Scranton--Wilkes-Barre, PA1042 618,431 95.1 %100.0 %6,869 25.05 0.6 %1.0 %0.6 %
37 New Haven, CT1024 486,863 78.8 %90.5 %6,729 15.27 1.2 %0.8 %0.6 %
38 Milwaukee-Waukesha, WI413 520,769 92.5 %94.0 %6,726 13.75 0.9 %0.8 %0.6 %
39 Wilmington, NC1122 379,959 100.0 %100.0 %6,645 17.71 0.6 %0.6 %0.6 %
40 Greensboro-High Point, NC781 407,244 96.2 %100.0 %6,619 16.25 0.3 %0.7 %0.6 %
41 Oxnard-Thousand Oaks-Ventura, CA762 316,299 85.8 %97.7 %6,378 21.47 0.6 %0.5 %0.6 %
42 Hilton Head Island-Bluffton-Port Royal, SC2023 321,453 79.1 %95.0 %6,216 20.35 0.9 %0.5 %0.6 %
43 Kiryas Joel-Poughkeepsie-Newburgh, NY843 401,205 77.6 %100.0 %5,891 15.76 0.9 %0.6 %0.5 %
44 Atlantic City-Hammonton, NJ1522 315,196 92.3 %100.0 %5,885 18.67 0.6 %0.5 %0.5 %
45 Panama City-Panama City Beach, FL2073 500,336 99.1 %99.1 %5,636 11.50 0.9 %0.8 %0.5 %
46 Spartanburg, SC1371 372,103 97.0 %97.4 %5,534 15.62 0.3 %0.6 %0.5 %
47 Washington-Arlington-Alexandria, DC-VA-MD-WV72 412,549 89.1 %90.5 %5,523 14.92 0.6 %0.7 %0.5 %
48 Cape Coral-Fort Myers, FL721 281,822 98.6 %98.6 %5,273 19.47 0.3 %0.5 %0.5 %
49 Manchester-Nashua, NH1292 234,324 96.8 %97.8 %5,118 24.04 0.6 %0.4 %0.5 %
50 Boulder, CO1621 275,919 90.8 %99.0 %5,002 18.32 0.3 %0.4 %0.5 %
50 Largest CBSAs by ABR—292 53,679,936 91.7 %95.7 %962,678 20.00 84.1 %86.2 %88.9 %
51 Dayton-Kettering-Beavercreek, OH751 329,566 60.2 %93.3 %4,843 16.14 0.3 %0.5 %0.4 %
52 Norwich-New London-Willimantic, CT1791 245,533 90.5 %92.5 %4,686 20.63 0.3 %0.4 %0.4 %
53 Greenville-Anderson-Greer, SC552 220,723 100.0 %100.0 %4,608 21.37 0.6 %0.4 %0.4 %
54 Sacramento-Roseville-Folsom, CA271 102,766 100.0 %100.0 %4,259 41.44 0.3 %0.2 %0.4 %
55 Winston-Salem, NC852 341,462 82.3 %89.5 %4,208 14.38 0.6 %0.5 %0.4 %
56 Bakersfield-Delano, CA621 240,068 100.0 %100.0 %4,195 17.79 0.3 %0.4 %0.4 %
57 Cleveland, OH352 221,051 99.4 %99.4 %3,941 18.35 0.6 %0.4 %0.4 %
58 Greenville, NC2501 233,153 99.4 %99.4 %3,839 16.57 0.3 %0.4 %0.4 %
59 Virginia Beach-Chesapeake-Norfolk, VA-NC371 149,694 83.9 %92.2 %3,660 26.82 0.3 %0.2 %0.3 %
60 Springfield, MA1182 321,398 91.0 %91.5 %3,507 16.48 0.6 %0.5 %0.3 %
61 Pittsfield, MA3401 188,493 100.0 %100.0 %3,286 17.43 0.3 %0.3 %0.3 %
62 Fresno, CA471 200,166 96.2 %99.1 %3,284 16.56 0.3 %0.3 %0.3 %
63 Richmond, VA441 152,279 89.9 %100.0 %3,265 21.44 0.3 %0.2 %0.3 %
64 Columbus, OH322 277,000 94.9 %95.6 %3,184 12.42 0.6 %0.4 %0.3 %
65 Concord, NH2841 196,545 79.1 %83.5 %3,141 20.40 0.3 %0.3 %0.3 %
Supplemental Disclosure - Three Months Ended September 30, 2026
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MAJOR CBSA DETAIL
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
BRIXMOR LARGEST CBSAs BY ABR
Percent of
CBSA
Number of
Percent
Percent
Number of
Percent
Percent
Largest CBSAs by ABRRank
Properties
 GLA
Billed
Leased
 ABR
 ABR PSF
Properties
of GLA
of ABR
66 Savannah, GA1252 214,679 97.3 %97.9 %3,115 14.81 0.6 %0.3 %0.3 %
67 Roanoke, VA1682 311,149 99.3 %99.3 %3,035 12.13 0.6 %0.5 %0.3 %
68 Bridgeport-Stamford-Danbury, CT591 180,507 83.3 %94.1 %3,011 20.02 0.3 %0.3 %0.3 %
69 Duluth, MN-WI1751 183,105 83.3 %93.8 %2,616 15.23 0.3 %0.3 %0.2 %
70 Santa Maria-Santa Barbara, CA1241 166,696 100.0 %100.0 %2,576 15.45 0.3 %0.3 %0.2 %
71 Flint, MI1391 164,632 99.0 %100.0 %2,453 15.00 0.3 %0.3 %0.2 %
72 Tucson, AZ531 165,350 100.0 %100.0 %2,442 14.77 0.3 %0.3 %0.2 %
73 Columbus, IN4331 143,740 100.0 %100.0 %2,428 16.89 0.3 %0.2 %0.2 %
74 Trenton-Princeton, NJ1411 149,993 100.0 %100.0 %2,335 15.57 0.3 %0.2 %0.2 %
75 Portland-South Portland, ME1011 287,459 89.5 %96.8 %2,290 20.87 0.3 %0.5 %0.2 %
76 Manhattan, KS3181 214,898 80.9 %91.1 %2,180 18.91 0.3 %0.3 %0.2 %
77 Ithaca, NY3841 204,405 71.1 %94.6 %2,170 11.22 0.3 %0.3 %0.2 %
78 Toledo, OH981 298,765 85.6 %88.8 %2,138 13.70 0.3 %0.5 %0.2 %
79 Austin-Round Rock-San Marcos, TX251 170,605 89.5 %89.5 %2,121 13.89 0.3 %0.3 %0.2 %
80 Deltona-Daytona Beach-Ormond Beach, FL831 184,379 74.8 %89.2 %2,118 12.87 0.3 %0.3 %0.2 %
81 Charleston-North Charleston, SC661 174,094 95.9 %100.0 %2,099 12.22 0.3 %0.3 %0.2 %
82 Crestview-Fort Walton Beach-Destin, FL1671 158,118 98.4 %98.4 %2,078 13.35 0.3 %0.3 %0.2 %
83 Rutland, VT5531 223,314 92.6 %92.6 %2,073 10.03 0.3 %0.4 %0.2 %
84 Lexington Park, MD2281 92,335 100.0 %100.0 %2,025 21.93 0.3 %0.1 %0.2 %
85 Palm Bay-Melbourne-Titusville, FL901 131,243 89.4 %89.4 %1,987 16.94 0.3 %0.2 %0.2 %
86 Murrells Inlet, SC5251 120,453 96.4 %96.4 %1,807 15.57 0.3 %0.2 %0.2 %
87 Kansas City, MO-KS311 161,717 99.4 %99.4 %1,703 10.60 0.3 %0.3 %0.2 %
88 Knoxville, TN601 119,360 55.3 %100.0 %1,692 14.18 0.3 %0.2 %0.2 %
89 Corbin, KY3011 166,026 99.0 %99.0 %1,658 10.08 0.3 %0.3 %0.2 %
90 Lansing-East Lansing, MI1151 160,946 86.6 %86.6 %1,578 11.32 0.3 %0.3 %0.1 %
91 Lafayette-West Lafayette, IN2151 132,027 100.0 %100.0 %1,568 11.88 0.3 %0.2 %0.1 %
92 Corpus Christi, TX1221 84,667 95.3 %100.0 %1,499 17.70 0.3 %0.1 %0.1 %
93 Modesto, CA1071 87,124 100.0 %100.0 %1,469 17.35 0.3 %0.1 %0.1 %
94 St. Louis, MO-IL241 137,408 68.9 %68.9 %1,371 14.98 0.3 %0.2 %0.1 %
95 Muskegon-Norton Shores, MI2561 104,501 40.1 %58.5 %1,046 17.12 0.3 %0.2 %0.1 %
96 Parkersburg-Vienna, WV4311 75,344 100.0 %100.0 %884 11.73 0.3 %0.1 %0.1 %
TOTAL—34562,268,872 91.4 %95.6 %$1,084,149 $19.47 100.0 %100.0 %100.0 %
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 34
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PROPERTIES BY STATE
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
Percent of
Number ofPercent PercentNumber ofPercentPercent
StateProperties GLA BilledLeased ABR  ABR PSF Propertiesof GLAof ABR
1 Florida49 8,569,811 91.6 %95.8 %$151,436 $18.98 14.1 %13.8 %14.0 %
2 Texas45 7,382,287 93.0 %96.0 %140,828 21.03 13.0 %11.9 %13.0 %
3 California30 5,857,385 92.3 %95.9 %137,641 26.31 8.7 %9.4 %12.7 %
4 New York28 3,639,566 87.4 %96.3 %82,915 24.14 8.1 %5.8 %7.6 %
5 Pennsylvania21 4,233,795 92.1 %95.7 %76,219 23.23 6.1 %6.8 %7.0 %
6 Illinois14 3,620,132 88.2 %93.8 %56,363 17.08 4.1 %5.8 %5.2 %
7 New Jersey16 2,754,726 89.8 %95.1 %50,495 20.48 4.6 %4.4 %4.7 %
8 Georgia22 3,162,666 92.0 %95.5 %47,559 16.40 6.4 %5.1 %4.4 %
9 North Carolina13 3,125,574 95.8 %97.4 %45,722 15.70 3.8 %5.0 %4.2 %
10 Michigan13 2,636,620 92.8 %95.4 %39,104 16.39 3.8 %4.2 %3.6 %
11 Connecticut10 1,782,970 81.8 %89.8 %28,970 18.51 2.9 %2.9 %2.7 %
12 Colorado8 1,751,514 90.1 %95.8 %28,533 18.17 2.3 %2.8 %2.6 %
13 Ohio11 2,058,158 89.6 %95.7 %28,310 17.82 3.2 %3.3 %2.6 %
14 Massachusetts11 1,661,393 93.9 %96.2 %26,471 18.43 3.2 %2.7 %2.4 %
15 Tennessee6 1,539,895 88.9 %96.3 %23,534 16.25 1.7 %2.5 %2.2 %
16 South Carolina8 1,208,826 92.6 %97.5 %20,264 17.42 2.3 %1.9 %1.9 %
17 Kentucky6 1,543,082 97.0 %99.1 %20,152 14.68 1.7 %2.5 %1.9 %
18 Minnesota9 1,269,747 92.7 %94.5 %19,426 17.62 2.6 %2.0 %1.8 %
19 Indiana4 985,327 93.3 %95.7 %13,017 13.99 1.2 %1.6 %1.2 %
20 Virginia5 746,029 91.0 %94.8 %11,077 17.13 1.4 %1.2 %1.0 %
21 New Hampshire4 581,133 90.2 %93.0 %10,013 19.50 1.2 %0.9 %0.9 %
22 Wisconsin3 520,769 92.5 %94.0 %6,726 13.75 0.9 %0.8 %0.6 %
23 Maryland2 371,977 94.7 %96.3 %6,431 18.13 0.6 %0.6 %0.6 %
24 Missouri2 299,125 85.4 %85.4 %3,074 12.19 0.6 %0.5 %0.3 %
25 Arizona1 165,350 100.0 %100.0 %2,442 14.77 0.3 %0.3 %0.2 %
26 Maine1 287,459 89.5 %96.8 %2,290 20.87 0.3 %0.5 %0.2 %
27 Kansas1 214,898 80.9 %91.1 %2,180 18.91 0.3 %0.3 %0.2 %
28 Vermont1 223,314 92.6 %92.6 %2,073 10.03 0.3 %0.4 %0.2 %
29 West Virginia1 75,344 100.0 %100.0 %884 11.73 0.3 %0.1 %0.1 %
TOTAL345 62,268,872 91.4 %95.6 %$1,084,149 $19.47 100.0 %100.0 %100.0 %

Supplemental Disclosure - Three Months Ended September 30, 2026
Page 35
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
1 Northmall CentreTucsonAZTucson, AZ1996165,350 100.0 %$2,442 $14.77 Sam's Club*Ace Pickleball Club, Big 5 Sporting Goods, CareMore, Dollar Tree, Jumping Cholla—
2 Bakersfield PlazaBakersfieldCABakersfield-Delano, CA1970240,068 100.0 %4,195 17.79 Lassens Natural Foods & VitaminsAMC, Burlington Stores, Five Below, In Shape Fitness, Kids Empire, Ross Dress for LessHobby Lobby
3 Brea GatewayBreaCALos Angeles-Long Beach-Anaheim, CA1994181,819 100.0 %5,936 33.10 Ralphs (Kroger)Boot Barn, HomeGoods, World Market—
4 Carmen PlazaCamarilloCAOxnard-Thousand Oaks-Ventura, CA2000128,369 95.2 %3,424 29.63 Trader Joe's*CVS, Harbor Freight Tools—
5 Plaza Rio VistaCathedralCARiverside-San Bernardino-Ontario, CA200575,415 98.3 %1,666 25.10 Stater Bros.——
6 Chino Spectrum Towne CenterChinoCARiverside-San Bernardino-Ontario, CA2002461,246 99.0 %10,600 32.43 H Mart, Sam's Club*, Walmart Supercenter*Best Buy, BevMo, Big 5 Sporting Goods, DSW, Kohl's, Marshalls, Nordstrom Rack, Skechers, Tilly's, Ulta Beauty—
7 Cudahy PlazaCudahyCALos Angeles-Long Beach-Anaheim, CA2021123,200 100.0 %3,231 26.23 Sprouts Farmers MarketBurlington Stores, Chuze Fitness—
8 The Davis CollectionDavisCASacramento-Roseville-Folsom, CA2025102,766 100.0 %4,259 41.44 Trader Joe'sNordstrom Rack, PetSmart, Ulta Beauty—
9 Felicita PlazaEscondidoCASan Diego-Chula Vista-Carlsbad, CA200198,594 100.0 %1,944 19.72 Vons (Albertsons)Chuze Fitness—
10 Felicita Town CenterEscondidoCASan Diego-Chula Vista-Carlsbad, CA1987124,370 97.4 %3,589 29.63 Major Market, Trader Joe'sFunBox—
11 Arbor FaireFresnoCAFresno, CA1995200,166 99.1 %3,284 16.56 Smart & Final Extra! (Chedraui USA)Boot Barn, PetSmart, The Home DepotDICK's Sporting Goods
12 Village West Shopping CenterHemetCARiverside-San Bernardino-Ontario, CA1982195,862 86.4 %3,356 19.94 Stater Bros.Goodwill, Old Navy, Ross Dress for Less, WSS—
13 Lompoc CenterLompocCASanta Maria-Santa Barbara, CA1960166,696 100.0 %2,576 15.45 ALDIBoot Barn, Harbor Freight Tools, Marshalls, Michaels, Old Navy, Petco, Ulta Beauty—
14 Briggsmore PlazaModestoCAModesto, CA199887,124 100.0 %1,469 17.35 Grocery Outletdd's Discounts (Ross), Ross Dress for LessIn Shape Fitness
15 Montebello PlazaMontebelloCALos Angeles-Long Beach-Anaheim, CA1974278,631 98.1 %6,849 25.36 AlbertsonsBest Buy, CVS, Kohl's, Optum, Ross Dress for Less—
16 California Oaks CenterMurrietaCARiverside-San Bernardino-Ontario, CA1990124,481 100.0 %2,683 22.23 Barons MarketDollar Tree, UFC Gym—
17 Pacoima CenterPacoimaCALos Angeles-Long Beach-Anaheim, CA1995215,930 100.0 %2,985 13.99 Food 4 Less (Kroger)AutoZone, Ross Dress for Less, Target—
18 Metro 580PleasantonCASan Francisco-Oakland-Fremont, CA1996177,573 13.3 %631 26.67 ——Walmart
19 Rose PavilionPleasantonCASan Francisco-Oakland-Fremont, CA2019328,940 99.7 %10,290 31.60 99 Ranch Market, Trader Joe'sCVS, Fitness 19, Macy's Home Store, Restoration Hardware, Total Wine & More—
20 Puente Hills Town CenterRowland HeightsCALos Angeles-Long Beach-Anaheim, CA2025258,685 97.1 %7,364 29.32 ALDIDollar Tree, East West Bank, Goodwill, Marshalls/HomeGoods, Planet Fitness—
21 Ocean View PlazaSan ClementeCALos Angeles-Long Beach-Anaheim, CA1990169,963 96.7 %5,749 34.99 Ralphs (Kroger), Trader Joe'sCrunch Fitness, CVS—
22 Plaza By The SeaSan ClementeCALos Angeles-Long Beach-Anaheim, CA197648,697 100.0 %1,520 31.21 Stater Bros.——
23 Village at Mira MesaSan DiegoCASan Diego-Chula Vista-Carlsbad, CA2023434,634 100.0 %13,462 31.36 Sprouts Farmers Market, Vons (Albertsons)BevMo, Burlington Stores, Childtime Childcare, CVS, Marshalls, Michaels, Petco—
24 San Dimas PlazaSan DimasCALos Angeles-Long Beach-Anaheim, CA1986163,433 97.4 %4,433 27.86 Smart & Final Extra! (Chedraui USA)Harbor Freight Tools, T.J. MaxxBig 5 Sporting Goods, Burlington Stores
25 Bristol PlazaSanta AnaCALos Angeles-Long Beach-Anaheim, CA2003111,403 100.0 %4,170 38.19 Trader Joe'sPetco, Ross Dress for Less, T.J. Maxx—
26 Gateway PlazaSanta Fe SpringsCALos Angeles-Long Beach-Anaheim, CA2002297,152 100.0 %4,448 29.91 El Super (Chedraui USA), Walmart SupercenterChuze Fitness, Five Below, Ross Dress for LessTarget
27 Santa Paula CenterSanta PaulaCAOxnard-Thousand Oaks-Ventura, CA1995187,930 99.4 %2,954 16.27 Vons (Albertsons)Ace Hardware, Big 5 Sporting Goods, CVS, Dollar Tree, Planet Fitness, Regency Theaters—
28 Vail Ranch CenterTemeculaCARiverside-San Bernardino-Ontario, CA2024201,682 95.9 %4,319 30.21 Stater Bros.Burlington Stores, Dollar Tree, Five Below, Harbor Freight Tools—
29 Country Hills Shopping CenterTorranceCALos Angeles-Long Beach-Anaheim, CA197753,200 100.0 %1,427 26.82 Ralphs (Kroger)——
30 Upland Town SquareUplandCARiverside-San Bernardino-Ontario, CA1994100,090 100.0 %2,619 26.42 Sprouts Farmers Market——
31 Gateway Plaza - Vallejo (2)VallejoCAVallejo, CA2023519,266 97.7 %12,209 24.27 Costco*Boot Barn, Century Theatres, City Sports Club, DSW, Goodwill, Mancini's Sleepworld, Marshalls, Michaels, Petco, PetSmart, Ross Dress for Less, Sky Zone, Ulta BeautyTarget
32 Arvada PlazaArvadaCODenver-Aurora-Centennial, CO199493,904 100.0 %1,057 11.63 King Soopers (Kroger)Arc—
33 Arapahoe CrossingsAuroraCODenver-Aurora-Centennial, CO1996475,490 90.3 %7,885 18.57 King Soopers (Kroger)2nd & Charles, Ace Hardware, Ace Pickleball, Activate, AMC, Boot Barn, Burlington Stores, Goldfish Swim School, Hobby Lobby, Miniso, Planet Fitness—
34 Aurora PlazaAuroraCODenver-Aurora-Centennial, CO1996178,213 100.0 %2,534 14.74 King Soopers (Kroger)Chuze Fitness, Gen X—
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 36
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
35 Broomfield Town CentreBroomfieldCODenver-Aurora-Centennial, CO1998175,368 95.7 %3,465 23.00 King Soopers (Kroger)PetcoThe Home Depot
36 Villa MonacoDenverCODenver-Aurora-Centennial, CO1978121,101 96.6 %2,200 18.80 —Chuze Fitness—
37 Centennial Shopping CenterEnglewoodCODenver-Aurora-Centennial, CO2013113,830 100.0 %1,460 39.98 King Soopers (Kroger)——
38 Superior MarketplaceSuperiorCOBoulder, CO1997275,919 99.0 %5,002 18.32 Whole Foods Market (Amazon), Costco*, SuperTarget*Barnes & Noble, Boot Barn, Chuck E. Cheese, Goldfish Swim School, Hyper Kidz, Michaels, PetSmart, T.J. Maxx, Ulta Beauty—
39 Westminster City CenterWestminsterCODenver-Aurora-Centennial, CO2024317,689 96.2 %4,930 16.13 Trader Joe'sBarnes & Noble, Cavender's Boot City, David's Bridal, Dollar Tree, DSW, Golf Galaxy, Petco, Ross Dress for Less, Sierra, The Tile Shop, Ulta Beauty—
40 The Shoppes at Fox RunGlastonburyCTHartford-West Hartford-East Hartford, CT1974103,225 97.6 %3,039 30.15 Whole Foods Market (Amazon)Petco—
41 Parkway PlazaHamdenCTNew Haven, CT200672,353 100.0 %1,235 17.07 Price Rite Marketplace (Wakefern)—The Home Depot
42 The Manchester Collection (2)ManchesterCTHartford-West Hartford-East Hartford, CT2001310,649 86.4 %3,423 13.60 Walmart Supercenter*Advance Auto Parts, Dollar Tree, DSW, Edge Fitness, Lava Island, Pickleball Kingdom, Savers—
43 The Plaza at Buckland HillsManchesterCTHartford-West Hartford-East Hartford, CT1987306,299 100.0 %6,492 21.19 Trader Joe'sBurlington Stores, K&G Fashion, Marshalls, Michaels, Nordstrom Rack, PetSmart, Rally House, Ross Dress for Less, Total Wine & More, Ulta Beauty—
44 Turnpike PlazaNewingtonCTHartford-West Hartford-East Hartford, CT2004149,894 59.0 %1,590 17.99 ———
45 North Haven CrossingNorth HavenCTNew Haven, CT1993102,787 93.8 %1,730 17.95 —Barnes & Noble, Dollar Tree, HomeGoods, PetSmart—
46 Colonial Commons - OrangeOrangeCTNew Haven, CT1996133,786 79.3 %1,077 10.15 Big Y——
47 Stratford SquareStratfordCTBridgeport-Stamford-Danbury, CT1984180,507 94.1 %3,011 20.02 ALDIEsporta Fitness, Five Below, Marshalls—
48 Waterbury PlazaWaterburyCTNew Haven, CT2000177,937 93.1 %2,687 16.22 Super Stop & Shop (Ahold Delhaize)Dollar Tree, Joey'z Shopping SpreeTarget
49 Waterford CommonsWaterfordCTNorwich-New London-Willimantic, CT2004245,533 92.5 %4,686 20.63 —Books-A-Million, DICK'S Sporting Goods, DSW, Michaels, Tractor Supply Co., Ulta BeautyBest Buy, Raymour & Flanigan
50 Center of Bonita SpringsBonita SpringsFLCape Coral-Fort Myers, FL2014281,822 98.6 %5,273 19.47 Publixbealls, Burlington Stores, Gold's Gym, Kohl's, NewSouth Window Solutions—
51 Coastal Way - Coastal Landing (2)BrooksvilleFLTampa-St. Petersburg-Clearwater, FL2008393,249 100.0 %6,780 20.21 BJ's Wholesale Club, Sprouts Farmers MarketBelk, Burlington Stores, HomeGoods, Marshalls, Michaels, Petco, Ulta Beauty—
52 Clearwater MallClearwaterFLTampa-St. Petersburg-Clearwater, FL1973300,729 98.1 %8,067 27.35 Costco*, SuperTarget*Burlington Stores, Dollar Tree, Five Below, Golf Galaxy, Michaels, PetSmart, Ross Dress for Less, Ulta BeautyLowe's
53 Coconut Creek PlazaCoconut CreekFLMiami-Fort Lauderdale-West Palm Beach, FL2005263,646 96.0 %4,762 18.96 PublixBurlington Stores, Harvest Church, Off the Wall Trampoline, Planet Fitness, Sanitas Medical Center—
54 Century Plaza Shopping CenterDeerfield BeachFLMiami-Fort Lauderdale-West Palm Beach, FL200690,483 86.2 %2,129 27.29 —Broward County Library, CVS—
55 Northgate Shopping CenterDeLandFLDeltona-Daytona Beach-Ormond Beach, FL1993184,379 89.2 %2,118 12.87 PublixMarshalls, Planet Fitness, Tractor Supply Co.—
56 Sun PlazaFort Walton BeachFLCrestview-Fort Walton Beach-Destin, FL2004158,118 98.4 %2,078 13.35 Publix, ALDI*bealls, Books-A-Million, Office Depot, T.J. Maxx—
57 Normandy SquareJacksonvilleFLJacksonville, FL199689,822 100.0 %976 11.19 Winn-Dixie (The Winn-Dixie Company)Ace Hardware, Family Dollar—
58 Regency Park Shopping CenterJacksonvilleFLJacksonville, FL1985334,647 96.4 %3,617 12.22 NetCost Marketbealls, Crunch Fitness, Dollar Tree, Ollie's Bargain Outlet, Surplus Warehouse—
59 Ventura DownsKissimmeeFLOrlando-Kissimmee-Sanford, FL201898,191 100.0 %2,252 22.93 —Esporta Fitness, La Familia Pawn & Jewelry—
60 Marketplace at WycliffeLake WorthFLMiami-Fort Lauderdale-West Palm Beach, FL2002135,820 100.0 %3,050 22.84 Walmart Neighborhood MarketWalgreens—
61 Venetian Isle Shopping CtrLighthouse PointFLMiami-Fort Lauderdale-West Palm Beach, FL1992185,675 95.0 %2,105 12.12 PublixDollar Tree, Staples—
62 Marco Town CenterMarco IslandFLNaples-Marco Island, FL2023109,545 98.6 %3,457 32.00 Publix——
63 Shops at Palm LakesMiamiFLMiami-Fort Lauderdale-West Palm Beach, FL2023231,536 100.0 %5,345 25.23 Fresco y Másdd's Discounts (Ross), LA Fitness, Ross Dress for Less—
64 Freedom SquareNaplesFLNaples-Marco Island, FL2021193,242 98.2 %2,779 14.65 PublixBurlington Stores, HomeGoods, Planet Fitness—
65 Granada ShoppesNaplesFLNaples-Marco Island, FL2011306,579 100.0 %6,724 21.93 Trader Joe'sChuck E. Cheese, Connors Steak and Seafood, Dollar Tree, Haverty's Furniture, Hobby Lobby, HomeSense, Marshalls—
66 Naples PlazaNaplesFLNaples-Marco Island, FL2013201,795 99.5 %4,500 22.80 PublixMarshalls, Office Depot, PGA TOUR Superstore, West Marine—
67 Park Shore PlazaNaplesFLNaples-Marco Island, FL2017256,441 100.0 %5,839 24.02 The Fresh MarketBarnes & Noble, Burlington Stores, Dollar Tree, HomeGoods, Sierra, T.J. Maxx—
68 Chelsea PlaceNew Port RicheyFLTampa-St. Petersburg-Clearwater, FL199281,144 91.1 %1,069 14.46 Publix——
Supplemental Disclosure - Three Months Ended September 30, 2026
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
69 Colonial MarketplaceOrlandoFLOrlando-Kissimmee-Sanford, FL1986134,071 86.8 %2,986 25.66 Specialty GrocerLA Fitness, SierraTarget
70 Conway CrossingOrlandoFLOrlando-Kissimmee-Sanford, FL200276,321 97.9 %1,279 17.12 Publix——
71 Hunter's Creek PlazaOrlandoFLOrlando-Kissimmee-Sanford, FL199874,583 100.0 %1,476 20.31 Seabra FoodsOffice Depot—
72 Pointe Orlando (3)OrlandoFLOrlando-Kissimmee-Sanford, FL2026424,528 95.4 %14,306 35.32 —Activate, Capital Grille, Cuba Libre, Dick's Last Resort, FunnyBone, Hampton Social, Main Event, Maggiano's Little Italy, Monkey Joe's, Museum of Ice Cream, Regal Cinemas, Rodizio Grill, Sports & Social, Wonderworks—
73 Martin Downs Town CenterPalm CityFLPort St. Lucie, FL199664,546 100.0 %883 13.68 Publix——
74 Martin Downs Village Center (2)Palm CityFLPort St. Lucie, FL1987167,145 98.2 %3,927 24.89 —Goodwill, Walgreens—
75 23rd Street StationPanama CityFLPanama City-Panama City Beach, FL199598,827 98.7 %1,628 16.69 Publix——
76 Panama City SquarePanama CityFLPanama City-Panama City Beach, FL1989304,665 99.5 %2,914 9.81 Walmart SupercenterHarbor Freight Tools, HomeGoods, T.J. Maxx—
77 Stanford StationPanama CityFLPanama City-Panama City Beach, FL198696,844 98.6 %1,094 11.46 —Academy Sports + Outdoors—
78 East Port Plaza (3)Port St. LucieFLPort St. Lucie, FL2026222,142 98.7 %3,787 17.28 PublixFortis Institute, Goodwill, Urban Air Adventure Park, Walgreens—
79 Shoppes of Victoria SquarePort St. LucieFLPort St. Lucie, FL199095,186 90.6 %1,331 15.44 ALDI——
80 Lake St. CharlesRiverviewFLTampa-St. Petersburg-Clearwater, FL199961,015 100.0 %826 14.49 Winn-Dixie (The Winn-Dixie Company)——
81 Cobblestone VillageRoyal Palm BeachFLMiami-Fort Lauderdale-West Palm Beach, FL200539,404 93.9 %953 25.76 SuperTarget*——
82 Beneva Village ShoppesSarasotaFLNorth Port-Bradenton-Sarasota, FL2020144,078 100.0 %3,112 21.60 PublixArchwell Health, Fitness Premier, Harbor Freight Tools—
83 Sarasota VillageSarasotaFLNorth Port-Bradenton-Sarasota, FL1972173,654 98.7 %2,548 15.24 PublixCrunch Fitness, HomeGoods, Ross Dress for Less—
84 Atlantic PlazaSatellite BeachFLPalm Bay-Melbourne-Titusville, FL2008131,243 89.4 %1,987 16.94 PublixHome Centric, Planet Fitness—
85 Seminole PlazaSeminoleFLTampa-St. Petersburg-Clearwater, FL2020156,718 100.0 %2,315 14.77 Sprouts Farmers Marketbealls, Burlington Stores, T.J. Maxx—
86 Cobblestone VillageSt. AugustineFLJacksonville, FL2003276,100 91.3 %4,526 18.36 PublixBealls Florida, Burlington Stores, Michaels, Petco—
87 Dolphin VillageSt. Pete BeachFLTampa-St. Petersburg-Clearwater, FL1990134,196 76.5 %2,175 21.49 PublixCVS—
88 Rutland PlazaSt. PetersburgFLTampa-St. Petersburg-Clearwater, FL2002149,562 98.8 %1,350 9.13 ALDIbealls—
89 Tyrone GardensSt. PetersburgFLTampa-St. Petersburg-Clearwater, FL2023175,065 100.0 %2,627 15.10 Winn-Dixie (The Winn-Dixie Company)Chuck E. Cheese, Crunch Fitness—
90 Downtown PublixStuartFLPort St. Lucie, FL2000151,246 96.8 %2,529 17.28 PublixRelive Health—
91 Sunrise Town Center (3)SunriseFLMiami-Fort Lauderdale-West Palm Beach, FL2026104,972 90.6 %1,920 20.20 Patel Brothers, PublixDollar TreeWalmart
92 Britton PlazaTampaFLTampa-St. Petersburg-Clearwater, FL1958465,639 79.4 %3,349 10.90 PublixBurlington Stores, Conviva Care Center, Dollar Tree, Marshalls, Michaels, Pet Supermarket—
93 Carrollwood CenterTampaFLTampa-St. Petersburg-Clearwater, FL200292,678 93.4 %1,953 22.56 PublixPhenix Salon Suites—
94 Ross PlazaTampaFLTampa-St. Petersburg-Clearwater, FL199684,707 98.5 %1,543 18.50 —Dollar Tree, Ross Dress for Less—
95 Shoppes at TarponTarpon SpringsFLTampa-St. Petersburg-Clearwater, FL2003145,832 91.6 %2,565 19.21 PublixPetco, T.J. Maxx—
96 Venice PlazaVeniceFLNorth Port-Bradenton-Sarasota, FL1999140,345 97.6 %1,230 8.98 ALDIT.J. Maxx/HomeGoods—
97 Venice Shopping CenterVeniceFLNorth Port-Bradenton-Sarasota, FL2000109,801 100.0 %1,104 10.05 Publix——
98 Venice VillageVeniceFLNorth Port-Bradenton-Sarasota, FL2022177,835 98.7 %4,293 24.81 PublixGifts and More at The Paper Store, Planet Fitness—
99 Mansell CrossingAlpharettaGAAtlanta-Sandy Springs-Roswell, GA1993291,622 84.5 %4,452 26.11 —Barnes & Noble, Cooper's Hawk Winery & Restaurant, DSW, Macy's Furniture Gallery, REI, T.J. MaxxBurlington Stores, HomeGoods, Michaels, Ross Dress for Less, Studio Movie Grill
100 Northeast PlazaAtlantaGAAtlanta-Sandy Springs-Roswell, GA1952425,582 95.1 %6,561 16.60 City Farmers MarketBurlington Stores, dd's Discounts (Ross), Dollar General, Dollar Tree, Goodwill, NCG Cinemas, Octapharma—
101 Sweetwater VillageAustellGAAtlanta-Sandy Springs-Roswell, GA198566,197 96.0 %642 10.10 Food DepotDollar Tree—
102 Vineyards at Chateau ElanBraseltonGAAtlanta-Sandy Springs-Roswell, GA200279,504 96.6 %1,879 24.46 Sprouts Farmers MarketRoss Dress for Less—
103 Salem Road StationCovingtonGAAtlanta-Sandy Springs-Roswell, GA200067,270 100.0 %899 13.36 Publix——
104 Keith Bridge CommonsCummingGAAtlanta-Sandy Springs-Roswell, GA200294,886 98.8 %1,506 16.06 Kroger——
Supplemental Disclosure - Three Months Ended September 30, 2026
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
105 Cosby StationDouglasvilleGAAtlanta-Sandy Springs-Roswell, GA199477,811 90.1 %840 11.98 Publix——
106 Park PlazaDouglasvilleGAAtlanta-Sandy Springs-Roswell, GA198646,670 83.7 %842 21.65 Kroger*——
107 Banks StationFayettevilleGAAtlanta-Sandy Springs-Roswell, GA2006178,871 91.9 %1,667 11.77 Food DepotStaples—
108 Barrett PlaceKennesawGAAtlanta-Sandy Springs-Roswell, GA1992218,693 100.0 %3,202 15.03 ALDIBest Buy, Michaels, Nordstrom Rack, PetSmart—
109 Shops of HuntcrestLawrencevilleGAAtlanta-Sandy Springs-Roswell, GA200397,040 98.8 %1,538 16.05 Publix——
110 Mableton WalkMabletonGAAtlanta-Sandy Springs-Roswell, GA1994105,884 93.8 %1,741 17.54 Publix——
111 The Village at MabletonMabletonGAAtlanta-Sandy Springs-Roswell, GA2023221,201 95.0 %2,583 12.30 —Burlington Stores, DashMart, dd's Discounts (Ross), Dollar Tree, Five Below, Michaels, Ollie's Bargain Outlet, Planet Fitness, Ross Dress for Less—
112 Eastlake PlazaMariettaGAAtlanta-Sandy Springs-Roswell, GA198256,176 100.0 %1,083 19.70 —Crunch Fitness—
113 New Chastain CornersMariettaGAAtlanta-Sandy Springs-Roswell, GA2004115,304 98.6 %1,578 14.78 Kroger——
114 Pavilions at EastlakeMariettaGAAtlanta-Sandy Springs-Roswell, GA1996144,351 94.9 %2,348 17.14 Kroger——
115 ConneXionRoswellGAAtlanta-Sandy Springs-Roswell, GA2016105,791 100.0 %2,395 22.64 —Planet Fitness—
116 Holcomb Bridge CrossingRoswellGAAtlanta-Sandy Springs-Roswell, GA198893,420 100.0 %1,138 12.18 —PGA TOUR Superstore—
117 Kings MarketRoswellGAAtlanta-Sandy Springs-Roswell, GA2005277,529 97.6 %3,928 14.50 PublixAce Pickleball Club, Frontgate, Sky Zone—
118 Victory SquareSavannahGASavannah, GA2007113,217 98.6 %1,891 16.94 SuperTarget*Citi Trends, Dollar Tree, NCG Cinemas, StaplesThe Home Depot
119 Stockbridge VillageStockbridgeGAAtlanta-Sandy Springs-Roswell, GA2008184,185 100.0 %3,622 19.67 KrogerDaVita Dialysis—
120 Wilmington IslandWilmington IslandGASavannah, GA1985101,462 97.2 %1,224 12.41 Kroger——
121 Annex of ArlingtonArlington HeightsILChicago-Naperville-Elgin, IL-IN1999199,663 95.8 %4,247 22.21 Trader Joe'sBinny's Beverage Depot, Chuck E. Cheese, Dollar Tree, Kirkland's, Petco, Ulta Beauty—
122 Ridge PlazaArlington HeightsILChicago-Naperville-Elgin, IL-IN2000151,643 72.0 %1,980 18.13 SwadeshiHarbor Freight Tools, Slick CityKohl's
123 Southfield PlazaBridgeviewILChicago-Naperville-Elgin, IL-IN2006196,475 99.5 %2,616 13.38 Shop & Save Market (Albertsons)Hobby Lobby, Octapharma, Planet Fitness, Walgreens—
124 Commons of Chicago RidgeChicago RidgeILChicago-Naperville-Elgin, IL-IN1998212,212 100.0 %3,231 17.12 —Discovery Clothing, Dollar Tree, KPot Korean BBQ & Hot Pot, Marshalls, Pep Boys, Ross Dress for Less, Shoe Carnival, XSport FitnessThe Home Depot
125 Rivercrest Shopping CenterCrestwoodILChicago-Naperville-Elgin, IL-IN1992539,284 95.7 %6,447 13.28 Tony's Fresh Market (Heritage Grocers)AMC, Burlington Stores, Chuck E. Cheese, Dollar Tree, Hollywood Park, Mavis Discount Tires, OfficeMax, PetSmart, Planet Fitness, Ross Dress for Less, Skechers—
126 The Commons of Crystal LakeCrystal LakeILChicago-Naperville-Elgin, IL-IN1987273,060 86.2 %3,122 13.27 Jewel-Osco (Albertsons)D-BAT, Harbor Freight Tools, VASA FitnessHobby Lobby
127 Elmhurst CrossingElmhurstILChicago-Naperville-Elgin, IL-IN2005347,503 100.0 %5,272 15.17 Whole Foods Market (Amazon)At Home, Five Below, Kohl's, Petco, Shoe Carnival—
128 The Quentin CollectionKildeerILChicago-Naperville-Elgin, IL-IN2006171,530 82.3 %1,926 13.65 —Bear Paddle Swim School, Lava Island—
129 Butterfield SquareLibertyvilleILChicago-Naperville-Elgin, IL-IN1997106,683 84.5 %1,458 16.18 Sunset Foods——
130 Long Meadow CommonsMundeleinILChicago-Naperville-Elgin, IL-IN1997118,281 93.8 %1,838 17.48 Jewel-Osco (Albertsons)Planet Fitness—
131 Westridge Court / Block 59 (2) (3)NapervilleILChicago-Naperville-Elgin, IL-IN2026569,671 97.4 %12,990 24.85 —Discovery Clothing, Edge Fitness, Five Below, IKEA, La-Z-Boy Furniture, L.L.Bean, Momentum Climbing Gym, Star Cinema Grille, Ulta Beauty, Walter E. Smithe, Wayfair Outlet, World Market—
132 North Riverside PlazaNorth RiversideILChicago-Naperville-Elgin, IL-IN2007385,275 95.1 %4,762 12.99 —Best Buy, Burlington Stores, Kohl's, Michaels, Petco, Ulta Beauty—
133 Ravinia PlazaOrland ParkILChicago-Naperville-Elgin, IL-IN1990102,289 100.0 %2,533 24.76 Whole Foods Market (Amazon)Skechers—
134 Tinley Park PlazaTinley ParkILChicago-Naperville-Elgin, IL-IN2026246,563 91.0 %3,941 17.95 —Burlington Stores, Dollar Tree, Planet Fitness, Ross Dress for Less, The Tile Shop—
135 Meridian VillageCarmelINIndianapolis-Carmel-Greenwood, IN1990130,431 100.0 %1,604 12.30 —Ollie's Bargain Outlet—
136 Columbus CenterColumbusINColumbus, IN1964143,740 100.0 %2,428 16.89 —Burlington Stores, Five Below, HomeGoods, T.J. MaxxTarget
137 Speedway Super CenterSpeedwayINIndianapolis-Carmel-Greenwood, IN2022579,129 92.7 %7,417 14.14 KrogerAaron's, Burlington Stores, Dollar Tree, Empire Beauty School, Harbor Freight Tools, HealthNet, Indiana Bureau of Motor Vehicles, Kohl's, Mattress Firm, Oak Street Health, Petco, pOpshelf, Ross Dress for Less, T.J. Maxx—
138 Sagamore Park CentreWest LafayetteINLafayette-West Lafayette, IN2018132,027 100.0 %1,568 11.88 Pay Less (Kroger)——
139 West Loop Shopping CenterManhattanKSManhattan, KS2013214,898 91.1 %2,180 18.91 Dillons (Kroger)Marshalls, Sierra—
Supplemental Disclosure - Three Months Ended September 30, 2026
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
140 Florence Plaza - Florence Square (2)FlorenceKYCincinnati, OH-KY-IN2014679,639 99.8 %9,930 18.44 KrogerAaron's, Barnes & Noble, Bob's Discount Furniture, Boot Barn, Burlington Stores, Chuck E. Cheese, Five Below, Harbor Freight Tools, Hobby Lobby, HomeGoods, KPot Korean BBQ & Hot Pot, Old Navy, Ollie's Bargain Outlet, Ross Dress for Less, Shoe Carnival, Sierra, Staples, T.J. Maxx, Ulta Beauty—
141 Jeffersontown CommonsJeffersontownKYLouisville/Jefferson County, KY-IN1959205,888 98.6 %2,087 10.82 —Ace Pickleball Club, CVS, Dollar Tree, Tractor Supply Co.—
142 London MarketplaceLondonKYCorbin, KY1994166,026 99.0 %1,658 10.08 Krogerbealls, Kohl's, Marshalls, Planet Fitness—
143 Eastgate Shopping CenterLouisvilleKYLouisville/Jefferson County, KY-IN2002174,842 98.6 %2,276 13.21 KrogerPetco—
144 Plainview VillageLouisvilleKYLouisville/Jefferson County, KY-IN1997157,747 97.0 %2,012 13.83 KrogerAnytime Fitness—
145 Stony Brook I & IILouisvilleKYLouisville/Jefferson County, KY-IN1988158,940 100.0 %2,189 13.77 Kroger Marketplace——
146 Acton PlazaActonMABoston-Cambridge-Newton, MA-NH1972137,572 97.8 %2,813 20.90 Roche Bros——
147 Points West PlazaBrocktonMABoston-Cambridge-Newton, MA-NH1960140,488 95.3 %1,285 9.60 America's Food BasketCiti Trends, Crunch Fitness—
148 Burlington Square I, II & IIIBurlingtonMABoston-Cambridge-Newton, MA-NH202579,458 100.0 %3,200 40.27 —Boot Barn, StaplesDuluth Trading Co.
149 Holyoke Shopping CenterHolyokeMASpringfield, MA2000195,995 87.6 %1,704 15.08 Super Stop & Shop (Ahold Delhaize)Ocean State Job Lot—
150 WaterTower PlazaLeominsterMAWorcester, MA2025295,840 99.0 %4,387 15.25 —Barnes & Noble, Five Below, Michaels, Ocean State Job Lot, Petco, Staples, T.J. Maxx, The Paper Store—
151 Lunenburg CrossingLunenburgMAWorcester, MA199425,515 58.8 %216 14.40 Hannaford Bros.*—Walmart
152 Lynn MarketplaceLynnMABoston-Cambridge-Newton, MA-NH196884,825 100.0 %2,169 25.57 Stop And CompareCrunch Fitness—
153 Webster SquareMarshfieldMABoston-Cambridge-Newton, MA-NH2005182,756 94.3 %2,946 17.09 Star Market (Albertsons)Marshalls/HomeGoods, Ocean State Job Lot—
154 Berkshire CrossingPittsfieldMAPittsfield, MA1994188,493 100.0 %3,286 17.43 Market 32 (Northeast Grocery)Barnes & Noble, Burlington Stores, Michaels, Ulta BeautyThe Home Depot, Walmart
155 Westgate PlazaWestfieldMASpringfield, MA1996125,403 97.8 %1,803 18.05 ALDIOcean State Job Lot, PetSmart, T.J. Maxx—
156 Perkins Farm MarketplaceWorcesterMAWorcester, MA1967205,048 98.8 %2,662 20.95 Super Stop & Shop (Ahold Delhaize)Citi Trends, Crunch Fitness, Ollie's Bargain Outlet—
157 South Plaza Shopping CenterCaliforniaMDLexington Park, MD200592,335 100.0 %2,025 21.93 —Best Buy, Old Navy, Petco, Ross Dress for Less—
158 Fox RunPrince FrederickMDWashington-Arlington-Alexandria, DC-VA-MD-WV2022279,642 95.1 %4,406 16.79 Giant Food (Ahold Delhaize)Ocean State Job Lot, Planet Fitness, Ross Dress for Less, Ulta Beauty—
159 Pine Tree Shopping CenterPortlandMEPortland-South Portland, ME1958287,459 96.8 %2,290 20.87 ALDICrunch Fitness, Dollar Tree, Lowe's, O'Reilly Auto Parts—
160 Arborland CenterAnn ArborMIAnn Arbor, MI2000403,515 99.5 %7,875 19.89 KrogerBoot Barn, DSW, HomeGoods, Marshalls, Michaels, Nordstrom Rack, OfficeMax, Old Navy, Petco, Ross Dress for Less, Skechers, Ulta Beauty—
161 Huron VillageAnn ArborMIAnn Arbor, MI2003118,482 94.0 %2,822 26.45 Whole Foods Market (Amazon)Barnes & Noble, Walgreens—
162 Maple VillageAnn ArborMIAnn Arbor, MI2020288,733 97.0 %5,244 18.72 Plum MarketBurlington Stores, Dunham's Sports, HomeGoods, LA Fitness, Sierra, Ulta Beauty—
163 Grand CrossingBrightonMIDetroit-Warren-Dearborn, MI200585,389 89.9 %1,028 13.39 Busch’s Fresh Food MarketAce Hardware—
164 Silver Pointe Shopping Center (2)FentonMIFlint, MI1996164,632 100.0 %2,453 15.00 VG's Grocery (C&S Wholesale Grocers, LLC)Dunham's SportsFive Below, Michaels, Old Navy, T.J. Maxx
165 Delta CenterLansingMILansing-East Lansing, MI1985160,946 86.6 %1,578 11.32 —Dollar Tree, DXL Destination XL, Funcity Adventure Park, Planet Fitness—
166 Lakes CrossingMuskegonMIMuskegon-Norton Shores, MI2008104,501 58.5 %1,046 17.12 —Michaels, Shoe Carnival, Ulta Beauty—
167 Redford PlazaRedfordMIDetroit-Warren-Dearborn, MI1992299,467 98.2 %3,860 13.30 Sun Valley SupermarketAaron's, Burlington Stores, Citi Trends, Dollar Tree, Harbor Freight Tools, Octapharma, Ross Dress for less—
168 Hampton Village CentreRochester HillsMIDetroit-Warren-Dearborn, MI2004470,768 96.1 %7,458 21.94 —Barnes & Noble, DSW, Emagine Theatre, Harbor Freight Tools, Kohl's, Old Navy, Petco, T.J. Maxx, Ulta BeautyTarget
169 Southfield PlazaSouthfieldMIDetroit-Warren-Dearborn, MI1970101,781 100.0 %1,274 12.52 ALDI*Citi Trends, Planet FitnessBurlington Stores, Forman Mills
170 Delco PlazaSterling HeightsMIDetroit-Warren-Dearborn, MI1996155,553 100.0 %1,308 8.45 —Dunham's Sports, Tractor Supply Co., Urban Air Adventure Park—
171 West RidgeWestlandMIDetroit-Warren-Dearborn, MI1989160,091 97.9 %1,955 12.47 —Crunch Fitness, Petco, Rally House, Ross Dress for LessBurlington Stores, Target
172 Washtenaw Fountain PlazaYpsilantiMIAnn Arbor, MI2005122,762 97.0 %1,203 10.10 Save-A-Lot (Rabban Brothers)Dollar Tree, Planet Fitness, Urban Air Adventure Park—
Supplemental Disclosure - Three Months Ended September 30, 2026
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
173 Southport Centre I - VIApple ValleyMNMinneapolis-St. Paul-Bloomington, MN-WI1985124,260 98.9 %2,756 22.42 SuperTarget*Dollar Tree, O'Reilly Auto Parts—
174 Champlin MarketplaceChamplinMNMinneapolis-St. Paul-Bloomington, MN-WI200591,970 100.0 %1,394 15.74 Cub Foods (United Natural Foods Inc.)——
175 Burning Tree PlazaDuluthMNDuluth, MN-WI1987183,105 93.8 %2,616 15.23 —Best Buy, Dollar Tree, Harbor Freight Tools, HomeGoods, Sierra, T.J. Maxx—
176 Westwind PlazaMinnetonkaMNMinneapolis-St. Paul-Bloomington, MN-WI200791,670 97.0 %2,313 27.09 Cub Foods*Ablelight Thrift, MGM Wine and Spirits—
177 Richfield HubRichfieldMNMinneapolis-St. Paul-Bloomington, MN-WI1952213,595 95.9 %2,916 14.23 Loma Bonita MarketDollar Tree, Marshalls, Michaels, Walgreens—
178 Roseville CenterRosevilleMNMinneapolis-St. Paul-Bloomington, MN-WI202182,576 98.8 %1,226 21.50 ALDI, Cub Foods*Dollar Tree—
179 Marketplace @ 42SavageMNMinneapolis-St. Paul-Bloomington, MN-WI1999118,693 97.0 %2,141 18.59 Fresh Thyme Farmers Market (Meijer)Dollar Tree, Marshalls—
180 Sun Ray Shopping CenterSt. PaulMNMinneapolis-St. Paul-Bloomington, MN-WI1958290,813 85.9 %2,838 15.42 Cub Foods (United Natural Foods Inc.)BioLife Plasma Services, Burlington Stores, Citi Trends, Dollar Tree, Five Below, Planet Fitness, Ross Dress for Less—
181 White Bear Hills Shopping CenterWhite Bear LakeMNMinneapolis-St. Paul-Bloomington, MN-WI199673,065 100.0 %1,226 16.78 Festival Foods (Schnucks)Dollar Tree—
182 Ellisville SquareEllisvilleMOSt. Louis, MO-IL1989137,408 68.9 %1,371 14.98 ALDIChuck E. Cheese, Michaels, Petco—
183 Watts Mill PlazaKansas CityMOKansas City, MO-KS1997161,717 99.4 %1,703 10.60 Price Chopper (Associated Wholesale)Fowling Warehouse—
184 Devonshire PlaceCaryNCRaleigh-Cary, NC1996106,680 100.0 %1,706 16.34 —Burlington Stores, Dollar Tree, Harbor Freight Tools, REI—
185 McMullen Creek MarketCharlotteNCCharlotte-Concord-Gastonia, NC-SC1988285,584 96.0 %5,119 18.68 Walmart Neighborhood MarketBurlington Stores, Dollar Tree, pOpshelf, Staples—
186 The Commons at Chancellor ParkCharlotteNCCharlotte-Concord-Gastonia, NC-SC1994348,604 100.0 %2,469 10.16 Patel BrothersBig Air Trampoline, Bob's Discount Furniture, Dollar Tree, Gabe's, The Home Depot—
187 Garner Towne SquareGarnerNCRaleigh-Cary, NC1997184,267 98.7 %3,046 16.75 LIDLBoot Barn, Burlington Stores, Harbor Freight Tools, PetSmartTarget, The Home Depot
188 Franklin SquareGastoniaNCCharlotte-Concord-Gastonia, NC-SC1989317,824 93.2 %4,339 15.06 Walmart Supercenter*bealls, Best Buy, Boot Barn, Dollar Tree, Five Below, Michaels, pOpshelf, Ross Dress for Less—
189 Wendover PlaceGreensboroNCGreensboro-High Point, NC2000407,244 100.0 %6,619 16.25 —Burlington Stores, DICK'S Sporting Goods, Kohl's, Michaels, Old Navy, PetSmart, Ross Dress for Less, Shoe Carnival, Total Wine & More, Ulta Beauty, Wayfair OutletTarget
190 University CommonsGreenvilleNCGreenville, NC1996233,153 99.4 %3,839 16.57 Harris Teeter (Kroger)Barnes & Noble, Five Below, HomeGoods, Petco, Shoe Carnival, T.J. Maxx—
191 North Ridge Shopping CenterRaleighNCRaleigh-Cary, NC1980171,372 97.7 %3,316 19.80 Harris Teeter (Kroger)Ace Hardware, O2 Fitness —
192 Innes Street MarketSalisburyNCCharlotte-Concord-Gastonia, NC-SC2002349,425 99.0 %4,416 12.77 Food Lion (Ahold Delhaize)Lowe's, Marshalls, Old Navy, PetSmart, Staples, Tinseltown—
193 New Centre MarketWilmingtonNCWilmington, NC1998144,614 100.0 %2,398 17.14 SuperTarget*Burlington Stores, Dollar Tree, PetSmart, Shoe Carnival, Sportsman's Warehouse—
194 University CommonsWilmingtonNCWilmington, NC2007235,345 100.0 %4,247 18.05 Lowes Foods (Alex Lee)Dollar Tree, HomeGoods, Skechers, T.J. Maxx—
195 Parkway Plaza (3)Winston-SalemNCWinston-Salem, NC2026269,154 91.0 %3,273 14.11 Compare FoodsAaron's, ArchWell Health, Citi Trends, dd's Discounts (Ross), Office Depot, O'Reilly Auto Parts, Umi Hotpot Sushi & Seafood Buffet—
196 Stratford CommonsWinston-SalemNCWinston-Salem, NC199572,308 83.8 %935 15.44 CHEF'STORE (US Foods)Boot Barn—
197 Bedford GroveBedfordNHManchester-Nashua, NH1989103,076 100.0 %2,446 25.04 —Boston Interiors, Planet Fitness—
198 Capitol Shopping CenterConcordNHConcord, NH2001196,545 83.5 %3,141 20.40 Market Basket (DeMoulas Supermarkets)Boot Barn, Burlington Stores, Five Below, Marshalls—
199 Willow Springs PlazaNashuaNHManchester-Nashua, NH1990131,248 96.0 %2,672 23.20 Patel BrothersJordan's Warehouse, Mavis Discount Tires, New Hampshire Liquor and Wine Outlet, PetcoThe Home Depot
200 Tri-City PlazaSomersworthNHBoston-Cambridge-Newton, MA-NH1990150,264 97.9 %1,754 11.96 Market Basket (DeMoulas Supermarkets)Staples, T.J. Maxx—
201 Laurel SquareBrickNJNew York-Newark-Jersey City, NY-NJ2023246,254 100.0 %2,952 11.99 Livoti’s Old World MarketAshley Homestore, At Home, Dollar Tree, Planet Fitness, Senior Helpers Town Square—
202 The Shoppes at CinnaminsonCinnaminsonNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2010301,206 100.0 %5,390 26.18 ShopRite (Eickhoff Supermarkets)Burlington Stores, Planet Fitness, Ross Dress for Less—
203 Acme ClarkClarkNJNew York-Newark-Jersey City, NY-NJ200752,812 100.0 %1,465 27.74 Acme (Albertsons)——
204 Collegetown Shopping CenterGlassboroNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2021231,463 100.0 %3,960 17.31 LIDLEsporta Fitness, Five Below, Ocean State Job Lot, Pep Boys, Ross Dress for Less, Ulta Beauty—
Supplemental Disclosure - Three Months Ended September 30, 2026
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
205 Hamilton PlazaHamiltonNJTrenton-Princeton, NJ1972149,993 100.0 %2,335 15.57 Grocery Outlet2nd Ave, Crab Du Jour, DaVita Dialysis, Planet Fitness, Rothman Orthopaedic Institute—
206 Bennetts Mills PlazaJacksonNJNew York-Newark-Jersey City, NY-NJ2002127,230 98.4 %2,085 16.65 Gourmet Glatt——
207 Marlton CrossingMarltonNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2019337,878 99.6 %8,280 24.62 Sprouts Farmers MarketArthur Murray Dance Studio, Burlington Stores, Chickie's & Pete's, DSW, HomeGoods, Michaels, T.J. Maxx—
208 Middletown PlazaMiddletownNJNew York-Newark-Jersey City, NY-NJ2024201,096 71.8 %3,789 26.24 Trader Joe'sHomeSense, Petco, Retro Fitness—
209 Springfield PlaceMorrisNJNew York-Newark-Jersey City, NY-NJ19654,000 100.0 %270 67.50 ShopRite*——
210 Larchmont CentreMount LaurelNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1985103,787 100.0 %1,609 33.05 ShopRite——
211 Old Bridge GatewayOld BridgeNJNew York-Newark-Jersey City, NY-NJ2022254,548 93.3 %4,945 20.82 Bhavani Food MarketDollar Tree, Marshalls, Pep Boys, Petco, Ross Dress for Less, Texas Roadhouse—
212 Morris Hills Shopping Center (3)ParsippanyNJNew York-Newark-Jersey City, NY-NJ2026125,298 56.0 %1,667 23.77 Specialty Grocer——
213 Rio Grande PlazaRio GrandeNJAtlantic City-Hammonton, NJ1997136,351 100.0 %1,959 14.37 ShopRite*Burlington Stores, Dollar Tree, PetSmart, Planet Fitness, Skechers—
214 Ocean Heights PlazaSomers PointNJAtlantic City-Hammonton, NJ2006178,845 100.0 %3,926 21.95 ShopRite (Village Supermarket)Ross Dress for Less—
215 Tinton Falls PlazaTinton FallsNJNew York-Newark-Jersey City, NY-NJ200687,760 100.0 %1,759 20.04 Uncle Giuseppe's*Crunch Fitness, Dollar Tree—
216 Cross Keys CommonsTurnersvilleNJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1989216,205 98.3 %4,104 19.31 Walmart Supercenter*Marshalls, Ross Dress for Less, Staples, Ulta Beauty—
217 Parkway PlazaCarle PlaceNYNew York-Newark-Jersey City, NY-NJ199389,834 100.0 %3,251 36.19 ALDIT.J. Maxx—
218 Mayfair Shopping CenterCommackNYNew York-Newark-Jersey City, NY-NJ1958221,010 99.1 %5,013 22.89 LIDLGap Factory Store, Kids Empire, PGA TOUR Superstore, Planet Fitness—
219 Suffolk PlazaEast SetauketNYNew York-Newark-Jersey City, NY-NJ199884,316 92.0 %1,984 25.57 BJ's Wholesale Club*Five BelowKohl's, Walmart
220 Three Village Shopping CenterEast SetauketNYNew York-Newark-Jersey City, NY-NJ199177,458 36.1 %1,299 46.42 Stop & Shop*—Walgreens
221 West CenterEast SetauketNYNew York-Newark-Jersey City, NY-NJ196542,594 96.2 %1,257 30.66 Wild by Nature Market (King Kullen)——
222 Stewart PlazaGarden CityNYNew York-Newark-Jersey City, NY-NJ2022217,893 100.0 %4,579 21.01 —Burlington Stores, Dollar Tree, Floor & Décor, Phenix Salon Suites, Tiger Schulmann's Mixed Martial Arts—
223 Dalewood I, II & III Shopping Center (3)HartsdaleNYNew York-Newark-Jersey City, NY-NJ2026196,831 94.6 %8,338 45.80 H Mart, Sprouts Farmers MarketBarnes & Noble, Best Buy, T.J. Maxx, Ulta Beauty—
224 Unity PlazaHopewell JunctionNYKiryas Joel-Poughkeepsie-Newburgh, NY200567,462 100.0 %1,510 22.38 Acme (Albertsons)——
225 Cayuga Shopping CenterIthacaNYIthaca, NY1969204,405 94.6 %2,170 11.22 ALDIAce Hardware, Planet Fitness, Ross Dress for Less, VA Community Based Outpatient—
226 Kings Park PlazaKings ParkNYNew York-Newark-Jersey City, NY-NJ198572,208 97.8 %1,739 24.63 Key Food MarketplaceT.J. Maxx—
227 Village Square Shopping CenterLarchmontNYNew York-Newark-Jersey City, NY-NJ198117,000 88.4 %590 39.24 Trader Joe's——
228 Falcaro's PlazaLawrenceNYNew York-Newark-Jersey City, NY-NJ197261,904 100.0 %1,726 27.88 KolSave Market*Dollar Tree, Planet Fitness—
229 Mamaroneck CentreMamaroneckNYNew York-Newark-Jersey City, NY-NJ202036,470 100.0 %1,557 42.69 North Shore FarmsCVS—
230 Sunshine SquareMedfordNYNew York-Newark-Jersey City, NY-NJ2007222,966 97.4 %3,739 17.96 Super Stop & Shop (Ahold Delhaize)Advance Auto Parts, Planet Fitness, Savers—
231 Wallkill PlazaMiddletownNYKiryas Joel-Poughkeepsie-Newburgh, NY1986211,736 100.0 %2,329 12.64 —Citi Trends, David's Bridal, Hobby Lobby, Ocean State Job Lot—
232 Monroe PlazaMonroeNYKiryas Joel-Poughkeepsie-Newburgh, NY1985122,007 100.0 %2,052 16.82 ShopRite (Wakefern)U.S. Post Office—
233 Rockland Plaza (3)NanuetNYNew York-Newark-Jersey City, NY-NJ2026232,550 97.3 %8,024 36.23 A Matter of HealthBurlington Stores, Nordstrom Rack, Ross Dress for Less, Ulta Beauty—
234 North Ridge Shopping CenterNew RochelleNYNew York-Newark-Jersey City, NY-NJ197139,743 78.6 %1,269 40.64 ———
235 Nesconset Shopping CenterPort Jefferson StationNYNew York-Newark-Jersey City, NY-NJ1961129,996 89.9 %3,462 29.62 —Dollar Tree, HomeGoods—
236 Roanoke PlazaRiverheadNYNew York-Newark-Jersey City, NY-NJ200299,131 93.6 %2,303 24.81 Fine FareBoot Barn, CVS, Ross Dress for Less—
237 The Shops at RiverheadRiverheadNYNew York-Newark-Jersey City, NY-NJ2018120,088 100.0 %3,202 26.66 Costco*HomeSense, Marshalls/HomeGoods, PetSmart, Ulta Beauty—
238 Rockville CentreRockville CentreNYNew York-Newark-Jersey City, NY-NJ197544,131 100.0 %1,398 31.68 —HomeGoods—
239 College PlazaSeldenNYNew York-Newark-Jersey City, NY-NJ2025188,602 98.9 %4,694 27.53 ShopRite (Wakefern)Burlington Stores, Five Below, Ross Dress for Less—
240 Campus PlazaVestalNYBinghamton, NY2003160,744 100.0 %2,238 13.92 —Dollar Tree, Staples—
Supplemental Disclosure - Three Months Ended September 30, 2026
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
241 Parkway PlazaVestalNYBinghamton, NY1995207,123 100.0 %2,718 13.12 —Bob's Discount Furniture, Boot Barn, Kohl's, PetSmart, Ross Dress for LessTarget
242 Shoppes at VestalVestalNYBinghamton, NY200092,328 100.0 %1,736 18.80 —HomeGoods, Michaels, Old Navy—
243 Town Square (2)VestalNYBinghamton, NY1991290,535 97.8 %5,478 19.86 Sam's Club*, Walmart Supercenter*AMC, Barnes & Noble, Burlington Stores, DICK'S Sporting Goods Warehouse Sale, Dollar Tree, DSW, Shoe Carnival, T.J. Maxx, Ulta Beauty—
244 Highridge PlazaYonkersNYNew York-Newark-Jersey City, NY-NJ197788,501 98.4 %3,260 37.44 H Mart——
245 Brunswick Town CenterBrunswickOHCleveland, OH2004151,048 99.2 %2,698 18.64 Giant Eagle—The Home Depot
246 Brentwood PlazaCincinnatiOHCincinnati, OH-KY-IN2004227,546 100.0 %3,104 20.15 KrogerAce Hardware, Petco, Planet Fitness, Rainbow Shops—
247 Delhi Shopping CenterCincinnatiOHCincinnati, OH-KY-IN1973167,328 100.0 %1,722 10.38 KrogerPet Supplies Plus, Salvation Army—
248 Western Hills PlazaCincinnatiOHCincinnati, OH-KY-IN2021245,971 92.4 %5,171 24.00 —Dollar Tree, Michaels, PetSmart, Ross Dress for Less, T.J. Maxx, Ulta BeautyTarget
249 Western VillageCincinnatiOHCincinnati, OH-KY-IN2005115,791 100.0 %1,469 41.80 Kroger——
250 Crown PointColumbusOHColumbus, OH1980145,280 100.0 %1,677 11.57 KrogerDollar Tree, Planet Fitness—
251 Greentree Shopping CenterColumbusOHColumbus, OH2005131,720 90.7 %1,507 13.52 Kroger——
252 South Towne Centre (3)DaytonOHDayton-Kettering-Beavercreek, OH2026329,566 93.3 %4,843 16.14 Health Foods UnlimitedBarnes & Noble, Burlington Stores, HomeSense, PetSmart, Sierra, VASA Fitness—
253 The Shoppes at North OlmstedNorth OlmstedOHCleveland, OH200270,003 100.0 %1,243 17.76 —Ollie's Bargain Outlet—
254 Surrey SquareNorwoodOHCincinnati, OH-KY-IN2010175,140 100.0 %2,738 30.14 KrogerAdvance Auto Parts, Rainbow Shops—
255 Miracle Mile Shopping PlazaToledoOHToledo, OH1955298,765 88.8 %2,138 13.70 KrogerCrunch Fitness, Fun City Us, Harbor Freight Tools—
256 Village WestAllentownPAAllentown-Bethlehem-Easton, PA-NJ1999140,474 98.9 %2,983 21.46 Giant Food (Ahold Delhaize)CVS—
257 Lehigh Shopping CenterBethlehemPAAllentown-Bethlehem-Easton, PA-NJ1955373,766 74.2 %3,825 17.72 Giant Food (Ahold Delhaize)Citi Trends, Marshalls/HomeGoods, PetSmart, Powerhouse Gym, Savers, Staples—
258 Bristol ParkBristolPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1993266,953 91.6 %3,203 13.45 —Ollie's Bargain Outlet, Planet Fitness—
259 New Britain Village SquareChalfontPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1989143,716 95.0 %2,924 22.15 Giant Food (Ahold Delhaize)Wine & Spirits Shoppe—
260 Collegeville Shopping CenterCollegevillePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2020101,630 92.8 %2,175 23.81 Kimberton Whole FoodsPlanet Fitness—
261 Plymouth Square Shopping CenterConshohockenPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2024225,137 89.3 %4,958 24.67 Weis MarketsPlanet Fitness, REI—
262 Whitemarsh Shopping CenterConshohockenPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD200276,391 97.8 %2,254 30.18 Giant Food (Ahold Delhaize)——
263 Valley FairDevonPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD200145,086 100.0 %752 16.68 Hung Vuong Food Market*Planet Fitness—
264 Dickson City CrossingsDickson CityPAScranton--Wilkes-Barre, PA2023311,991 100.0 %4,041 20.36 —Barnes & Noble, Burlington Stores, Dollar Tree, Gabe's, PetSmart, Planet Fitness, Sierra, T.J. Maxx, The Home Depot—
265 Barn Plaza (3)DoylestownPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2026235,754 100.0 %6,516 27.64 Whole Foods Market (Amazon)Barnes & Noble, Kohl's, Pottery Barn—
266 Pilgrim GardensDrexel HillPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD195575,223 92.8 %1,493 21.38 —Ross Dress for Less—
267 North Penn Market PlaceLansdalePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD197758,358 96.6 %1,130 21.42 Weis Markets*DaVita Dialysis—
268 Village at NewtownNewtownPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2021226,829 98.9 %8,920 41.28 McCaffrey'sUlta Beauty—
269 IvyridgePhiladelphiaPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1963106,348 100.0 %3,226 30.33 —Target—
270 Roosevelt Mall (3)PhiladelphiaPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2026619,644 99.3 %12,552 41.98 Sprouts Farmers MarketJD Sports, LA Fitness, Macy's, Oak Street Health, Ross Dress for Less, Teso Life, Ulta Beauty—
271 Shoppes at Valley ForgePhoenixvillePAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD2003176,676 98.9 %1,860 10.64 Redner's Warehouse MarketOcean State Job Lot, Ross Dress for Less—
272 County Line PlazaSoudertonPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1971154,608 100.0 %1,893 12.24 ALDIDollar Tree, Five Below, Planet Fitness—
273 69th Street PlazaUpper DarbyPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD199441,711 100.0 %551 13.21 Fresh Grocer*——
274 Warminster Towne CenterWarminsterPAPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD1997237,152 100.0 %3,991 18.26 ShopRite (Wakefern)Famous Footwear, Harbor Freight Tools, Old Navy, Pep Boys, PetSmart, Ross Dress for Less, Sportsman's WarehouseKohl's
275 Whitehall SquareWhitehallPAAllentown-Bethlehem-Easton, PA-NJ2006309,908 98.9 %4,144 13.77 Redner's Warehouse Marketdd's Discounts (Ross), Dollar Tree, Gabe's, PetSmart, Pickleball Kingdom, Ross Dress for Less—
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 43
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
276 Wilkes-Barre Township MarketplaceWilkes-Barre TownshipPAScranton--Wilkes-Barre, PA2004306,440 100.0 %2,828 37.36 NetCost Market, Walmart SupercenterChuck E. Cheese, Cracker Barrel, Pet Supplies Plus—
277 Belfair Towne VillageBlufftonSCHilton Head Island-Bluffton-Port Royal, SC2006166,639 95.6 %3,199 20.09 Kroger——
278 Milestone PlazaGreenvilleSCGreenville-Anderson-Greer, SC199589,721 100.0 %1,801 21.29 Lowes Foods (Alex Lee)——
279 Circle Center (3)Hilton Head IslandSCHilton Head Island-Bluffton-Port Royal, SC202668,444 90.8 %1,310 21.09 Publix——
280 The Fresh Market ShoppesHilton Head IslandSCHilton Head Island-Bluffton-Port Royal, SC198386,370 97.3 %1,707 20.32 The Fresh Market——
281 Island PlazaJames IslandSCCharleston-North Charleston, SC1994174,094 100.0 %2,099 12.22 Food Lion (Ahold Delhaize)Dollar Tree, Gold's Gym, Harbor Freight Tools—
282 Pawleys Island PlazaPawleys IslandSCMurrells Inlet, SC2015120,453 96.4 %1,807 15.57 PublixPetco, T.J. Maxx, Ulta Beauty—
283 Fairview Corners I & IISimpsonvilleSCGreenville-Anderson-Greer, SC2003131,002 100.0 %2,807 21.43 —Petco, Ross Dress for Less, T.J. MaxxTarget
284 Hillcrest Market PlaceSpartanburgSCSpartanburg, SC2026372,103 97.4 %5,534 15.62 PublixFive Below, Hobby Lobby, Marshalls, NCG Cinemas, Petco, Ross Dress for Less—
285 Watson Glen Shopping CenterFranklinTNNashville-Davidson--Murfreesboro--Franklin, TN1988265,571 99.1 %4,176 16.08 ALDIAt Home, HomeGoods—
286 Williamson SquareFranklinTNNashville-Davidson--Murfreesboro--Franklin, TN1988304,784 99.6 %4,816 15.86 —Collective Boutiques, Dollar Tree, Family Leisure, Goldfish Swim School, Hobby Lobby, Planet Fitness—
287 Kingston OverlookKnoxvilleTNKnoxville, TN1996119,360 100.0 %1,692 14.18 Sprouts Farmers MarketCrunch Fitness, Urban Air Adventure Park—
288 The Market at Wolfcreek (2)MemphisTNMemphis, TN-MS-AR2014649,252 93.8 %10,132 17.55 —Academy Sports + Outdoors, Best Buy, Burlington Stores, Cavender's Boot City, Citi Trends, Dave & Busters, David's Bridal, Dollar Tree, DSW, Michaels, Office Depot, Old Navy, PetSmart, T.J. Maxx—
289 Georgetown SquareMurfreesboroTNNashville-Davidson--Murfreesboro--Franklin, TN2003114,117 92.3 %1,620 15.37 Kroger——
290 Nashboro VillageNashvilleTNNashville-Davidson--Murfreesboro--Franklin, TN199886,811 95.2 %1,098 13.29 Kroger—Walgreens
291 Parmer CrossingAustinTXAustin-Round Rock-San Marcos, TX1989170,605 89.5 %2,121 13.89 Desi BrothersDollar Tree, Harbor Freight Tools, Planet Fitness—
292 Baytown Shopping CenterBaytownTXHouston-Pasadena-The Woodlands, TX198795,921 97.0 %1,721 18.50 —Goodwill, Legacy Community Health, Sky Zone—
293 El CaminoBellaireTXHouston-Pasadena-The Woodlands, TX200871,651 83.2 %706 11.84 El Ahorro SupermarketDollar Tree—
294 Central StationCollege StationTXCollege Station-Bryan, TX1976178,141 100.0 %3,848 22.10 —Dollar Tree, HomeGoods, Kid to Kid, Spec's LiquorsKohl's
295 Jones CrossingCollege StationTXCollege Station-Bryan, TX2017163,472 100.0 %3,102 64.50 H-E-B——
296 Rock Prairie CrossingCollege StationTXCollege Station-Bryan, TX2002118,700 97.7 %1,545 30.97 KrogerCVS—
297 Carmel VillageCorpus ChristiTXCorpus Christi, TX201984,667 100.0 %1,499 17.70 —Crunch Fitness, Five Below—
298 Arboretum VillageDallasTXDallas-Fort Worth-Arlington, TX2014102,279 97.6 %2,765 29.77 Tom Thumb (Albertsons)Ace Hardware, PetSmart—
299 Claremont VillageDallasTXDallas-Fort Worth-Arlington, TX197666,980 92.8 %1,346 21.90 —EōS Fitness—
300 Kessler PlazaDallasTXDallas-Fort Worth-Arlington, TX197568,962 96.7 %1,191 17.86 —Wellmed Medical—
301 Stevens Park VillageDallasTXDallas-Fort Worth-Arlington, TX197445,492 93.8 %420 9.85 ———
302 Webb Royal PlazaDallasTXDallas-Fort Worth-Arlington, TX1961108,545 90.7 %1,385 14.75 El Rio Grande Latin MarketFamily Dollar—
303 Wynnewood Village (3)DallasTXDallas-Fort Worth-Arlington, TX2026579,174 97.2 %9,715 22.38 El Rancho (Heritage Grocers), KrogerBurlington Stores, Citi Trends, DaVita Dialysis, dd's Discounts (Ross), Dollar Tree, Five Below, Foot Locker, Kids Empire, LA Fitness, Mi Doctor, Ross Dress for Less, Target—
304 ParktownDeer ParkTXHouston-Pasadena-The Woodlands, TX1999118,221 99.5 %1,290 10.97 Food Townbealls, Walgreens—
305 Ridglea PlazaFort WorthTXDallas-Fort Worth-Arlington, TX1990172,558 98.1 %2,851 16.83 Tom Thumb (Albertsons)Dollar Tree, EōS Fitness, Goody Goody Wine & Spirits—
306 Trinity CommonsFort WorthTXDallas-Fort Worth-Arlington, TX1998197,526 98.8 %4,956 25.39 Tom Thumb (Albertsons)DSW, Ulta Beauty—
307 Preston RidgeFriscoTXDallas-Fort Worth-Arlington, TX2018792,351 99.4 %19,753 25.09 SuperTarget*Belk, Best Buy, Boot Barn, Cloudbound, DSW, Half Price Books, Macy's Backstage, Marshalls, Nordstrom Rack, Old Navy, PetSmart, pOpshelf, Ross Dress for Less, Sky Zone, Staples, T.J. Maxx, Ulta Beauty—
308 Village PlazaGarlandTXDallas-Fort Worth-Arlington, TX200289,444 100.0 %1,761 19.79 Truong Nguyen Market——
309 Highland Village Town CenterHighland VillageTXDallas-Fort Worth-Arlington, TX1996101,874 100.0 %1,440 14.49 —Collective Boutiques, Planet Fitness—
310 Bay ForestHoustonTXHouston-Pasadena-The Woodlands, TX200476,092 100.0 %868 12.55 Kroger——
311 Braes HeightsHoustonTXHouston-Pasadena-The Woodlands, TX202292,703 98.8 %3,210 35.04 —CVS, My Salon Suites—
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 44
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PROPERTY LIST
↩ Table of
Contents
Dollars in thousands, except per square foot amounts
YearPercentNon-Owned
Property NameCityStateCore-Based Statistical AreaBuilt GLALeased ABR  ABR PSFGrocer (1) (4)Other Major Tenants (4)Major Tenants
312 BraesgateHoustonTXHouston-Pasadena-The Woodlands, TX199791,982 100.0 %996 10.83 Food Town——
313 Clear Lake Camino SouthHoustonTXHouston-Pasadena-The Woodlands, TX1964106,072 77.9 %1,252 16.41 ALDIMr. Gatti's Pizza, Spec's Liquors—
314 Hearthstone CornersHoustonTXHouston-Pasadena-The Woodlands, TX2019208,147 98.6 %3,204 15.61 El Rancho (Heritage Grocers)Amped Fitness, Sky Zone, XL Parts—
315 Jester VillageHoustonTXHouston-Pasadena-The Woodlands, TX202262,731 99.0 %1,561 25.13 —24 Hour Fitness—
316 Jones PlazaHoustonTXHouston-Pasadena-The Woodlands, TX2025111,206 92.1 %1,292 12.61 La Michoacana SupermarketAaron's, Fitness Connection—
317 Jones SquareHoustonTXHouston-Pasadena-The Woodlands, TX1999169,786 100.0 %2,111 12.43 —Hobby Lobby, King Dollar, Octapharma, Vevor, Walgreens—
318 MaplewoodHoustonTXHouston-Pasadena-The Woodlands, TX200499,177 85.1 %1,117 13.23 —bealls, Kids Empire, Planet Fitness—
319 Merchants ParkHoustonTXHouston-Pasadena-The Woodlands, TX2009246,707 99.4 %4,591 18.72 KrogerJD Sports, Marshalls, Petco, Planet Fitness, Ross Dress for Less—
320 Northshore (2)HoustonTXHouston-Pasadena-The Woodlands, TX2001231,640 76.9 %3,295 18.50 —Concentra, Dollar Tree, Melrose Fashions, Planet Fitness—
321 Northtown PlazaHoustonTXHouston-Pasadena-The Woodlands, TX1960184,940 95.3 %2,640 15.32 El Rancho (Heritage Grocers)Crazy Boss Big Discount Store, dd's Discounts (Ross), Dollar Tree—
322 Orange GroveHoustonTXHouston-Pasadena-The Woodlands, TX2005184,664 99.1 %2,473 14.09 —24 Hour Fitness, Burlington Stores, Final Score by Foot Locker, Floor & Décor—
323 Royal Oaks VillageHoustonTXHouston-Pasadena-The Woodlands, TX2001146,279 97.2 %3,754 26.39 H-E-B——
324 Tanglewilde CenterHoustonTXHouston-Pasadena-The Woodlands, TX199882,623 83.3 %1,160 16.85 ALDIDollar Tree, WeGotSoccer—
325 Vintage MarketplaceHoustonTXHouston-Pasadena-The Woodlands, TX201472,184 91.6 %1,878 28.42 Whole Foods Market (Amazon)——
326 West U MarketplaceHoustonTXHouston-Pasadena-The Woodlands, TX200060,136 100.0 %1,763 29.32 Whole Foods Market (Amazon)——
327 Westheimer CommonsHoustonTXHouston-Pasadena-The Woodlands, TX1984245,714 97.2 %2,990 12.52 Fiesta Mart (Chedraui USA)King Dollar, Marshalls, Rainbow Shops, Retro Fitness, Sanitas Medical Center, Walgreens—
328 LaCenterra at Cinco RanchKatyTXHouston-Pasadena-The Woodlands, TX2006408,545 98.4 %13,437 34.41 Trader Joe'sBrown & Gay Engineers, Inc., Flix Brewhouse, Nike, Peloton Computer Enterprises, Regus—
329 Pearland PlazaPearlandTXHouston-Pasadena-The Woodlands, TX1995156,491 98.5 %1,644 10.67 KrogerGoodwill, Harbor Freight Tools, The Picklr, Walgreens—
330 Market Plaza (3)PlanoTXDallas-Fort Worth-Arlington, TX2026143,916 93.9 %3,045 25.44 Central Market (H-E-B)——
331 Preston Park VillagePlanoTXDallas-Fort Worth-Arlington, TX2026261,054 96.7 %7,920 31.37 —Gap Factory Store, HomeGoods, Petco, Slick City—
332 Keegan's MeadowStaffordTXHouston-Pasadena-The Woodlands, TX1999125,100 98.1 %1,736 14.56 El RanchoKing Dollar, Retro Fitness—
333 Lake Pointe VillageSugar LandTXHouston-Pasadena-The Woodlands, TX2010162,263 94.5 %4,952 32.31 Whole Foods Market (Amazon)——
334 Texas City BayTexas CityTXHouston-Pasadena-The Woodlands, TX2005224,884 94.2 %2,613 12.53 KrogerBurlington Stores, Five Below, Harbor Freight Tools, Planet Fitness—
335 Windvale CenterThe WoodlandsTXHouston-Pasadena-The Woodlands, TX2002100,688 84.7 %1,911 22.42 —Tesla—
336 Culpeper Town SquareCulpeperVAWashington-Arlington-Alexandria, DC-VA-MD-WV1999132,907 81.0 %1,117 10.37 —Goodwill, Ollie's Bargain Outlet, Tractor Supply Co.—
337 Hanover SquareMechanicsvilleVARichmond, VA1991152,279 100.0 %3,265 21.44 —Gold's Gym, Hobby LobbyKohl's
338 Cave Spring CornersRoanokeVARoanoke, VA2005144,942 98.5 %1,410 16.80 KrogerHamrick's—
339 Hunting HillsRoanokeVARoanoke, VA1989166,207 100.0 %1,625 9.78 —Dollar Tree, Kohl's, PetSmart—
340 Hilltop PlazaVirginia BeachVAVirginia Beach-Chesapeake-Norfolk, VA-NC2010149,694 92.2 %3,660 26.82 Trader Joe'sFive Below, PetSmart, Ulta Beauty—
341 Rutland PlazaRutlandVTRutland, VT1997223,314 92.6 %2,073 10.03 Market 32 (Northeast Grocery)Planet Fitness, T.J. Maxx, Walmart—
342 Mequon PavilionsMequonWIMilwaukee-Waukesha, WI1967218,392 91.8 %3,735 18.63 Sendik's Food MarketMarshalls, Sierra, The Tile Shop—
343 Moorland Square Shopping CtrNew BerlinWIMilwaukee-Waukesha, WI199098,303 97.3 %1,193 12.48 Pick 'n Save (Kroger)——
344 Paradise PavilionWest BendWIMilwaukee-Waukesha, WI2000204,074 94.8 %1,798 9.32 —Hobby Lobby, Kohl'sFive Below, HomeGoods, Sierra
345 Grand Central PlazaParkersburgWVParkersburg-Vienna, WV198675,344 100.0 %884 11.73 —Best Buy, Sportsman's Warehouse—
TOTAL PORTFOLIO62,268,872 95.6 %$1,084,149 $19.47 
(1) * Indicates grocer is not owned.
(2) Property is listed as separate properties on the Company website for marketing purposes.
(3) Indicates property is currently in redevelopment.
(4) Major Tenants exclude tenants that have ceased to operate prior to their lease expiration date.
Supplemental Disclosure - Three Months Ended September 30, 2026
Page 45
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