Item 2. Properties
ITEM 2. PROPERTIES
We operate our business out of 64 office and warehouse facilities, 55 of which are leased, and nine of which are owned. The total square footage of our owned real property is approximately 1.2 million square feet, and the total square footage of our leased real property is approximately 9.8 million square feet. Two owned warehouses facilities located in Midfield, Alabama, and Houston, Texas, were identified as held for sale as of the end of fiscal 2020.
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The following table summarizes our real estate facilities as of March 1, 2021, including their inside square footage, where applicable:
Property Type Number Owned facilities (sq. ft.) Leased facilities (sq. ft.)
Office Space (1)
1 — 68,023
Warehouses and other real property (2)
66 1,164,321 9,774,955
Total 67 1,164,321 9,842,978
(1) Consists of our corporate headquarters in Marietta, Georgia.
(2) Includes properties held for sale.
Certain of our owned warehouse facilities secured our term loan facility at January 2, 2021. Additionally, we lease two warehouse facilities owned by our pension plan. We also store materials in secured outdoor areas at many of our warehouse locations, which increases warehouse distribution and storage capacity. We believe that, collectively, our facilities have sufficient capacity to meet current and projected distribution needs.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.