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Item 2. Properties

2021-02-22 compared with 2020-02-20 · 210 added, 238 removed, 110 unchanged (80% of the section changed)

2 unchanged sentences

The following table sets forth more specific information with respect to our retail operating properties as of December 31, 2020:

Location (MSA)

Grocery Anchors 4

Location (MSA) Year

Renovated Owned GLA 2

per SqFt Grocery Anchors 4

Other Retailers 4

Total Wine & More

Nordstrom Rack, Panera Bread, (Home Depot)

Crossing at Killingly Commons

Willimantic, CT

Stop & Shop Supermarket, (Target)

TJ Maxx, Michaels, Petco, Staples, Lowe's Home Improvement Center

12th Street Plaza

Stein Mart, Tuesday Morning

Bayport Commons

PetSmart, Michaels

Centre Point Commons

Best Buy, Dick's Sporting Goods, Office Depot, Panera Bread, (Lowe's Home Improvement Center)

Cobblestone Plaza

Party City, Planet Fitness

Colonial Square

Kohl's, Hobby Lobby, PetSmart,

Delray Marketplace 3

Frank Theatres, Burt & Max's, Ann Taylor Loft, Chico's, White House Black Market

Estero Town Commons

Lowe's Home Improvement Center, Dollar Tree

Hunter's Creek Promenade

Indian River Square

Beall's, Office Depot, Dollar Tree, Panera

International Speedway Square

Daytona Beach

Total Wine & More

Bed Bath & Beyond, Stein Mart, Old Navy, Staples, Michaels, Dick’s Sporting Goods, Shoe Carnival

Kings Lake Square

Lake City Commons

Lake City Commons - Phase II

Lake Mary Plaza

Lithia Crossing

The Fresh Market

Stein Mart, Chili's, Panera Bread

Miramar Square

Sprouts Farmers Market

Kohl's, Miami Children's Hospital

Northdale Promenade

TJ Maxx, Ulta Beauty, Beall's, Crunch Fitness, Tuesday Morning

Pine Ridge Crossing

Publix, (Target)

Ulta Beauty, (Beall's)

Pleasant Hill Commons

Riverchase Plaza

Saxon Crossing

Daytona Beach

Hobby Lobby, LA Fitness, (Lowe's Home Improvement Center)

Shoppes of Eastwood

Shops at Eagle Creek

The Fresh Market

Staples, Panera Bread, (Lowe's Home Improvement Center)

Tamiami Crossing 3

Aldi, (Walmart)

Marshalls, Michaels, PetSmart, Ross Stores, Stein Mart, Ulta Beauty

Location (MSA)

Grocery Anchors 4

Total Anchors Shops Total Anchors Shops

The Corner Tucson 2008 79,902 55,883 24,019 100.0 % 100.0 % 100.0 % $ 30.87 Total Wine & More Nordstrom Rack, Panera Bread, (Home Depot)

Crossing at Killingly Commons Willimantic, CT 2010 206,560 149,202 57,358 79.0 % 85.7 % 61.7 % 14.77 Stop & Shop Supermarket, (Target) TJ Maxx, Michaels, Petco, Staples, Lowe's Home Improvement Center

12th Street Plaza Vero Beach 1978/2003 135,016 121,376 13,640 75.7 % 73.0 % 100.0 % 11.32 Publix Tuesday Morning

Bayport Commons Tampa 2008 98,668 73,045 25,623 100.0 % 100.0 % 100.0 % 17.85 (Target) Burlington, PetSmart, Michaels

Centre Point Commons Sarasota 2007 119,366 93,574 25,792 97.4 % 100.0 % 88.2 % 17.75 Best Buy, Dick's Sporting Goods, Office Depot, Panera Bread, (Lowe's Home Improvement Center)

Cobblestone Plaza Miami 2011 133,251 68,219 65,032 96.7 % 100.0 % 93.2 % 28.72 Whole Foods Party City, Planet Fitness

Colonial Square Fort Myers 2010 186,517 150,505 36,012 88.1 % 100.0 % 38.4 % 11.89 Kohl's, Hobby Lobby, PetSmart

Delray Marketplace Miami 2013 260,347 118,136 142,211 94.9 % 100.0 % 90.6 % 26.39 Publix Paragon Theatres, Burt & Max's, Ann Taylor Loft, Chico's, White House Black Market

Estero Town Commons Fort Meyers 2006 25,696 — 25,696 94.7 % 0.0 % 94.7 % 15.53 Lowe's Home Improvement Center, Dollar Tree

Hunter's Creek Promenade Orlando 1994 119,738 55,999 63,739 99.1 % 100.0 % 98.3 % 15.94 Publix

Indian River Square Vero Beach 1997/2004 142,622 109,000 33,622 95.9 % 100.0 % 82.7 % 11.2 (Target) Beall's, Office Depot, Dollar Tree, Panera

International Speedway Square Daytona Beach 1999/2013 233,424 203,405 30,019 79.2 % 82.3 % 57.9 % 12.24 Total Wine & More Bed Bath & Beyond, Old Navy, Staples, Michaels, Dick’s Sporting Goods, Shoe Carnival

Kings Lake Square Naples 1986/2014 88,611 45,600 43,011 99.1 % 100.0 % 98.1 % 19.37 Publix

Lake City Commons Lake City 2008 65,746 45,600 20,146 100.0 % 100.0 % 100.0 % 15.92 Publix

Lake City Commons - Phase II Lake City 2011 16,291 12,131 4,160 100.0 % 100.0 % 100.0 % 15.89 Publix PetSmart

Lake Mary Plaza Orlando 2009 21,385 14,880 6,505 100.0 % 100.0 % 100.0 % 38.22 Walgreens

Lithia Crossing Tampa 2003/2013 90,522 53,547 36,975 58.9 % 32.8 % 96.8 % 22.8 The Fresh Market Chili's, Panera Bread

Miramar Square Miami 2008 231,680 147,505 84,175 94.7 % 100.0 % 85.3 % 18.13 Sprouts Farmers Market Kohl's, Miami Children's Hospital

Northdale Promenade Tampa 1985/2017 179,559 130,269 49,290 95.0 % 100.0 % 81.9 % 12.64 (Winn Dixie) TJ Maxx, Ulta Beauty, Beall's, Crunch Fitness, Tuesday Morning

Pine Ridge Crossing Naples 1993 105,986 66,435 39,551 94.2 % 100.0 % 84.5 % 18.1 Publix, (Target) Ulta Beauty, (Beall's)

Pleasant Hill Commons Orlando 2008 70,645 45,600 25,045 100.0 % 100.0 % 100.0 % 16.06 Publix

Riverchase Plaza Naples 1991/2001 78,291 48,890 29,401 96.3 % 100.0 % 90.3 % 17.24 Publix

Saxon Crossing Daytona Beach 2009 119,909 95,304 24,605 96.0 % 100.0 % 80.5 % 15.29 (Target) Hobby Lobby, LA Fitness, (Lowe's Home Improvement Center)

Shoppes of Eastwood Orlando 1997 69,076 51,512 17,564 90.1 % 100.0 % 61.1 % 12.52 Publix

Shops at Eagle Creek Naples 1983/2013 70,731 50,187 20,544 95.8 % 100.0 % 85.7 % 16.23 The Fresh Market Staples, Panera Bread, (Lowe's Home Improvement Center)

Tamiami Crossing Naples 2016 121,591 121,591 — 73.7 % 73.7 % 0.0 % 13.46 Aldi, (Walmart) Marshalls, Michaels, PetSmart, Ross Stores, Ulta Beauty

Location (MSA) Year

Renovated Owned GLA 2

per SqFt Grocery Anchors 4

Other Retailers 4

Tarpon Bay Plaza

PetSmart, Cost Plus World Market, Ross Stores, Panera Bread

The Landing at Tradition

TJ Maxx, Ulta Beauty, Bed Bath & Beyond, LA Fitness, Michaels, Old Navy, PetSmart, Pier 1, DSW, Five Below, Ross Stores

The Shops at Julington Creek

The Fresh Market

Tradition Village Center

Waterford Lakes Village

Mullins Crossing

Ross Stores, Old Navy, Five Below, Kohls, La-Z-Boy, Marshalls, Office Max, Petco, Ulta Beauty, Panera Bread

Naperville Marketplace

(Caputo's Fresh Market)

TJ Maxx, PetSmart

54th & College

The Fresh Market

Bridgewater Marketplace

(Walgreens), The Local Eatery, Original Pancake House

Castleton Crossing

TJ Maxx/HomeGoods, Burlington, Shoe Carnival, Value City Furniture, K&G Menswear, Chipotle, Verizon, Five Below

Cool Creek Commons

The Fresh Market

Stein Mart, McAlister's Deli, Buffalo Wild Wings, Pet People

Depauw University Bookstore and Café

Follett's, Starbucks

Eddy Street Commons at Notre Dame

Hammes Bookstore & Cafe, Chipotle, Urban Outfitters, Five Guys, Kilwins, Blaze Pizza

Fishers Station

Dollar Tree, Goodwill

Geist Pavilion

Ace Hardware, Goodwill, Ale Emporium, Pure Barre

Greyhound Commons

(Lowe's Home Improvement Center), Abuelo's Mexican, Koto Japenese Steakhouse

Whole Foods, (Target)

Rangeline Crossing

Walgreens, Panera Bread, Pet Valu, City BBQ

Nordstrom Rack, The Container Store, Arhaus Furniture, Bicycle Garage of Indy, Buy Buy Baby, J Crew Mercantile

Stoney Creek Commons

LA Fitness, Goodwill, (Lowe's Home Improvement Center)

Traders Point I

Dick's Sporting Goods, AMC Theatres, Bed Bath & Beyond, Michaels, Old Navy, PetSmart, Books-A-Million

Traders Point II

Starbucks, Noodles & Company, Qdoba

Location (MSA)

Grocery Anchors 4

Total Anchors Shops Total Anchors Shops

Tarpon Bay Plaza Naples 2007 81,864 59,442 22,422 100.0 % 100.0 % 100.0 % 17.77 (Target) PetSmart, Cost Plus World Market, Ross Stores, Panera Bread

The Landing at Tradition Port St.

Lucie 2007 359,227 283,208 76,019 88.4 % 89.8 % 82.9 % 15.39 (Target) TJ Maxx, Ulta Beauty, Burlington, Bed Bath & Beyond, LA Fitness, Michaels, Old Navy, PetSmart, DSW, Five Below, Ross Stores

The Shops at Julington Creek Jacksonville 2011 40,254 21,038 19,216 100.0 % 100.0 % 100.0 % 20.87 The Fresh Market

Tradition Village Center Port St.

Lucie 2006 85,057 45,600 39,457 96.9 % 100.0 % 93.3 % 18.75 Publix

Waterford Lakes Village Orlando 1997 78,007 51,703 26,304 98.4 % 100.0 % 95.2 % 13.91

Mullins Crossing Augusta 2005 276,318 228,224 48,094 99.3 % 100.0 % 96.1 % 13.39 (Target) Ross Stores, Old Navy, Five Below, Kohls, La-Z-Boy, Marshalls, Office Max, Petco, Ulta Beauty, Panera Bread

Naperville Marketplace Chicago 2008 83,759 61,683 22,076 97.7 % 100.0 % 91.1 % 14.01 (Caputo's Fresh Market) TJ Maxx, PetSmart

54th & College Indianapolis 2008 — — — — % — % — % — The Fresh Market

Bridgewater Marketplace Westfield 2008 25,975 — 25,975 100.0 % 0.0 % 100.0 % 22.15 (Walgreens), The Local Eatery, Original Pancake House

Castleton Crossing Indianapolis 1975/2012 286,377 247,710 38,667 97.4 % 100.0 % 80.6 % 12.21 TJ Maxx/HomeGoods, Burlington, Shoe Carnival, Value City Furniture, K&G Menswear, Chipotle, Verizon, Five Below

Cool Creek Commons Westfield 2005 125,072 54,401 70,671 68.1 % 36.0 % 92.8 % 23.50 The Fresh Market McAlister's Deli, Buffalo Wild Wings, Pet People

Depauw University Bookstore and Café Indianapolis 2012 11,974 — 11,974 100.0 % 0.0 % 100.0 % 9.17 Follett's, Starbucks

Eddy Street Commons at Notre Dame South Bend 2009 87,987 20,154 67,833 96.1 % 100.0 % 95.0 % 27.32 Hammes Bookstore & Cafe, Chipotle, Urban Outfitters, Five Guys, Kilwins, Blaze Pizza

Fishers Station Fishers 1989/2018 52,395 15,441 36,954 78.8 % 100.0 % 70.0 % 16.83 Dollar Tree, Goodwill

Geist Pavilion Fishers 2006 63,910 29,700 34,210 97.6 % 100.0 % 95.6 % 17.6 Ace Hardware, Goodwill, Ale Emporium, Pure Barre

Greyhound Commons Carmel 2005 9,152 — 9,152 100.0 % 0.0 % 100.0 % 15.33 (Lowe's Home Improvement Center), Koto Japenese Steakhouse

Nora Plaza Indianapolis 2004 139,670 73,589 66,081 94.1 % 100.0 % 87.6 % 15.29 Whole Foods, (Target) Marshalls

Rangeline Crossing Carmel 1986/2013 99,497 48,171 51,326 66.4 % 47.7 % 84.0 % 25.05 Walgreens, Panera Bread, City BBQ

Rivers Edge Indianapolis 2011 150,463 117,890 32,573 98.9 % 100.0 % 95.0 % 22.10 Nordstrom Rack, The Container Store, Arhaus Furniture, Bicycle Garage of Indy, Buy Buy Baby

Stoney Creek Commons Noblesville 2000/2013 84,226 84,226 — 64.1 % 64.1 % 0.0 % 14.38 LA Fitness, Goodwill, (Lowe's Home Improvement Center)

Traders Point I Indianapolis 2005 211,545 170,809 40,736 94.4 % 100.0 % 70.9 % 14.47 Dick's Sporting Goods, AMC Theatres, Michaels, Old Navy, PetSmart, Books-A-Million

Traders Point II Indianapolis 2005 45,978 — 45,978 90.4 % 0.0 % 90.4 % 27.72 Starbucks, Noodles & Company, Qdoba

Location (MSA) Year

Renovated Owned GLA 2

per SqFt Grocery Anchors 4

Other Retailers 4

Centennial Center

Sam's Club, Walmart

Ross Stores, Big Lots, Famous Footwear, Michaels, Petco, Home Depot, HomeGoods, Skechers, Five Below, Sephora

Centennial Gateway

24 Hour Fitness, Party City, Sportsman's Warehouse, Walgreens

Eastern Beltway Center

Sam's Club, Walmart

Petco, Ross Stores, Skechers, Old Navy, (Home Depot)

Rampart Commons

Athleta, North Italia, Pottery Barn, Williams Sonoma, Flower Child, Crunch Fitness

Bayonne Crossing

New York / Northern New Jersey

Michaels, New York Sports Club, Lowe's Home Improvement Center

Livingston Shopping Center 3

New York / Northern New Jersey

Cost Plus World Market, Buy Buy Baby, Nordstrom Rack, DSW, TJ Maxx, Ulta Beauty

New York / Northern New Jersey

Nordstrom Rack, New York Sports Club, Burlington, Club Champion Golf, National Amusements

Total Anchors Shops Total Anchors Shops

Centennial Center Las Vegas 2002 334,023 147,824 186,199 99.2 % 100.0 % 98.6 % 25.95 Sam's Club, Walmart Ross Stores, Big Lots, Famous Footwear, Michaels, Petco, Home Depot, HomeGoods, Skechers, Five Below, Sephora, Tillys

Centennial Gateway Las Vegas 2005 193,452 140,277 53,175 99.4 % 100.0 % 97.9 % 24.40 Trader Joe's Party City, Sportsman's Warehouse, Walgreens, UFC Fit

Eastern Beltway Center Las Vegas 1998/2006 162,318 77,436 84,882 88.7 % 100.0 % 78.4 % 27.21 Sam's Club, Walmart Petco, Ross Stores, Skechers, Old Navy, (Home Depot)

Rampart Commons Las Vegas 2002/2018 79,314 11,965 67,349 100.0 % 100.0 % 100.0 % 33.55 Athleta, North Italia, Pottery Barn, Williams Sonoma, Flower Child, Crunch Fitness

Bayonne Crossing New York / Northern New Jersey 2011 112,871 52,219 60,652 72.8 % 41.2 % 100.0 % 34.41 Walmart Michaels, Lowe's Home Improvement Center

Livingston Shopping Center New York / Northern New Jersey 1997 139,022 133,125 5,897 97.9 % 100.0 % 50.8 % 20.93 Cost Plus World Market, Buy Buy Baby, Nordstrom Rack, DSW, TJ Maxx, Ulta Beauty

City Center New York / Northern New Jersey 2004/2018 363,023 325,139 37,884 97.0 % 100.0 % 70.9 % 25.97 ShopRite Nordstrom Rack, New York Sports Club, Burlington, Club Champion Golf, National Amusements

North Carolina

Holly Springs Towne Center - Phase I

Dick's Sporting Goods, Marshalls, Petco, Ulta Beauty, Michaels, Old Navy, Five Below

Holly Springs Towne Center - Phase II

Bed Bath & Beyond, DSW, AMC Theatres, 02 Fitness

Northcrest Shopping Center

REI Co-Op, David's Bridal, Old Navy, Five Below

Oleander Place

Parkside Town Commons - Phase I

Harris Teeter/Kroger, (Target)

Petco, Guitar Center

Parkside Town Commons - Phase II

Frank Theatres, Golf Galaxy, Hobby Lobby, Stein Mart, Chuy's, Starbucks, Panera Bread, Levity Live

Perimeter Woods

Best Buy, Off Broadway Shoes, PetSmart, Michaels, (Lowe's Home Improvement Center)

Toringdon Market

Eastgate Pavilion

Best Buy, Dick's Sporting Goods, Value City Furniture, Petsmart, DSW, Bed Bath & Beyond

Belle Isle Station

Oklahoma City

REI, Shoe Carnival, Old Navy, Ross Stores, Nordstrom Rack, Ulta Beauty, Five Below

Shops at Moore

Oklahoma City

Bed Bath & Beyond, Best Buy, Hobby Lobby, Office Depot, PetSmart, Ross Stores, (J.C.

Location (MSA)

Grocery Anchors 4

Eastgate Crossing Raleigh 1958/2007 156,276 62,386 93,890 72.7 % 55.4 % 84.2 % 32.90 Trader Joe's Chipotle, Petco, Starbucks, Ulta Beauty

Holly Springs Towne Center - Phase I Raleigh 2013 209,811 121,761 88,050 91.7 % 100.0 % 80.1 % 18.28 (Target) Dick's Sporting Goods, Marshalls, Petco, Ulta Beauty, Michaels, Old Navy, Five Below

Holly Springs Towne Center - Phase II Raleigh 2016 145,043 111,843 33,200 98.8 % 100.0 % 94.6 % 17.94 (Target) Bed Bath & Beyond, DSW, AMC Theatres, 02 Fitness

Northcrest Shopping Center Charlotte 2008 133,621 65,576 68,045 94.2 % 100.0 % 88.6 % 23.74 (Target) REI Co-Op, David's Bridal, Old Navy, Five Below

Oleander Place Wilmington 2012 45,524 30,144 15,380 100.0 % 100.0 % 100.0 % 18.05 Whole Foods

Parkside Town Commons - Phase I Raleigh 2015 55,368 22,500 32,868 100.0 % 100.0 % 100.0 % 26.23 Harris Teeter/Kroger, (Target) Petco, Guitar Center

Parkside Town Commons - Phase II Raleigh 2017 298,094 188,785 109,309 67.5 % 50.6 % 96.7 % 22.21 (Target) Golf Galaxy, Hobby Lobby, Chuy's, Starbucks, Panera Bread, Levity Live

Perimeter Woods Charlotte 2008 125,579 105,175 20,404 100.0 % 100.0 % 100.0 % 20.82 Best Buy, Off Broadway Shoes, PetSmart, Michaels, (Lowe's Home Improvement Center)

Toringdon Market Charlotte 2004 61,101 26,546 34,555 97.9 % 100.0 % 96.3 % 23.34 Earth Fare

Eastgate Pavilion Cincinnati 1995 236,230 231,730 4,500 100.0 % 100.0 % 100.0 % 9.38 Best Buy, Dick's Sporting Goods, Value City Furniture, Petsmart, DSW

Belle Isle Station Oklahoma City 2000 196,164 115,783 80,381 85.9 % 100.0 % 65.5 % 17.42 (Walmart) REI, Shoe Carnival, Old Navy, Ross Stores, Nordstrom Rack, Ulta Beauty, Five Below

Shops at Moore Oklahoma City 2010 260,625 188,037 72,588 92.6 % 94.6 % 87.2 % 12.35 Bed Bath & Beyond, Best Buy, Hobby Lobby, Old Navy, PetSmart, Ross Stores

Location (MSA) Year

Renovated Owned GLA 2

per SqFt Grocery Anchors 4

Other Retailers 4

Silver Springs Pointe

Oklahoma City

(Sam's Club), (Walmart)

Kohls, Office Depot, (Home Depot)

Total Anchors Shops Total Anchors Shops

Silver Springs Pointe Oklahoma City 2001 48,440 20,515 27,925 83.0 % 100.0 % 70.4 % 14.38 (Sam's Club), (Walmart) Kohls, Office Depot, (Home Depot)

South Carolina

Publix at Woodruff

Shoppes at Plaza Green

Bed Bath & Beyond, Christmas Tree Shops, Sears, Party City, Shoe Carnival, AC Moore, Old Navy

Cool Springs Market

Dick's Sporting Goods, Marshalls, Buy Buy Baby, DSW, Staples, Jo-Ann Fabric, Panera Bread

Chapel Hill Shopping Center

H-E-B Grocery

The Container Store, Cost Plus World Market

Colleyville Downs

Westlake Hardware, Goody Goody Liquor, Petco, Fit Factory

Kingwood Commons

Randall's Food and Drug

Petco, Chico's, Talbots, Ann Taylor

Publix at Woodruff Greenville 1997 68,103 47,955 20,148 91.0 % 100.0 % 69.5 % 10.54 Publix

Shoppes at Plaza Green Greenville 2000 189,730 162,068 27,662 82.6 % 87.0 % 56.8 % 12.87 Bed Bath & Beyond, Christmas Tree Shops, American Freight, Party City, Shoe Carnival, Old Navy

Cool Springs Market Nashville 1995 230,981 172,712 58,269 97.8 % 100.0 % 91.4 % 16.69 (Kroger) Dick's Sporting Goods, Marshalls, Buy Buy Baby, DSW, Staples, Jo-Ann Fabric, Panera Bread

Chapel Hill Shopping Center Dallas/Ft.

Worth 2001 126,812 43,450 83,362 100.0 % 100.0 % 100.0 % 26.68 H-E-B Grocery The Container Store, Cost Plus World Market

Colleyville Downs Dallas/Ft.

Worth 2014 194,744 139,219 55,525 94.4 % 100.0 % 80.4 % 15.68 Whole Foods Westlake Hardware, Goody Goody Liquor, Petco, Fit Factory

Kingwood Commons Houston 1999 158,109 74,836 83,273 51.5 % 14.5 % 84.7 % 28.28 Petco, Chico's, Talbots, Ann Taylor

Market Street Village/

Pipeline Point

Jo-Ann Fabric, Ross Stores, Office Depot, Buy Buy Baby, Party City

Plaza at Cedar Hill

Sprouts Farmers Market, Total Wine

DSW, Ross Stores, Hobby Lobby, Office Max, Marshalls, Home Goods

Plaza Volente 3

H-E-B Grocery

Portofino Shopping Center

DSW, Michaels, PGA Superstore, SteinMart, PetSmart, Old Navy, TJ Maxx, Nordstrom Rack, Five Below

Sunland Towne Centre

Sprouts Farmers Market

PetSmart, Ross Stores, Bed Bath & Beyond, Spec's Fine Wines, At Home

Waxahachie Crossing

Best Buy, PetSmart, Ross Stores, (Home Depot), (J.C.

Westside Market

Randalls Tom Thumb

Draper Crossing

Salt Lake City

Kroger/Smith's

TJ Maxx, Dollar Tree, Downeast Home

Salt Lake City

Michaels, Office Depot, Petco, Quilted Bear, Ross Stores, (Kohl's)

Pipeline Point Dallas/Ft.

Worth 1970/2011 156,621 136,742 19,879 100.0 % 100.0 % 100.0 % 13.67 Jo-Ann Fabric, Ross Stores, Buy Buy Baby, Party City, Spec's Wine Spirits & Finer Foods

Plaza at Cedar Hill Dallas/Ft.

Worth 2000/2010 295,665 234,358 61,307 92.4 % 100.0 % 63.1 % 13.67 Sprouts Farmers Market, Total Wine DSW, Ross Stores, Hobby Lobby, Office Max, Marshalls, Home Goods

Plaza Volente Austin 2004 156,146 105,000 51,146 94.8 % 100.0 % 84.2 % $ 17.34 H-E-B Grocery

Portofino Shopping Center Houston 1999/2010 369,802 218,861 150,941 83.2 % 83.6 % 82.6 % 21.38 (Sam's Club) DSW, Michaels, PGA Superstore, PetSmart, Old Navy, TJ Maxx, Nordstrom Rack, Five Below

Sunland Towne Centre El Paso 1996/2014 306,454 265,037 41,417 98.9 % 100.0 % 91.7 % 11.27 Sprouts Farmers Market PetSmart, Ross Stores, Bed Bath & Beyond, Spec's Fine Wines, At Home

Waxahachie Crossing Dallas/Ft.

Worth 2010 97,127 72,191 24,936 100.0 % 100.0 % 100.0 % 15.55 Best Buy, PetSmart, Ross Stores, (Home Depot)

Westside Market Dallas/Ft.

Worth 2013 93,377 70,000 23,377 100.0 % 100.0 % 100.0 % 16.66 Randalls Tom Thumb

Draper Crossing Salt Lake City 2012 164,657 115,916 48,741 100.0 % 100.0 % 100.0 % 17.28 Kroger/Smith's TJ Maxx, Dollar Tree, Downeast Home

Draper Peaks Salt Lake City 2012 227,667 101,464 126,203 91.5 % 100.0 % 84.7 % 21.27 Michaels, Office Depot, Petco, Quilted Bear, Ross Stores, (Kohl's)

Total 11,661,731 7,878,959 3,782,772 91.2 % 92.9 % 87.6 % $ 18.42

Total at Pro-Rata Share 11,328,324 7,591,186 3,737,138 91.2 % 93.0 % 87.7 % $ 18.44

6 unchanged sentences

Office Operating Properties and Other

As of December 31, 2019 , we owned interests in one office operating property and two parking garages.

As of December 31, 2020, we owned interests in one office operating property, two parking garages, and one triple-net leased property.

In addition, two of our retail properties contain stand-alone office components.

Together, these properties have a total of 0.5 million square feet of net rentable area (“NRA”) office space.

Together, these properties have a total of 0.5 million square feet of net rentable area (“NRA”) of space.

The following table sets forth more specific information with respect to our office, parking and other properties as of December 31, 2020:

($ in thousands, except per square foot data)

Property MSA Year Built/

Renovated Acquired,

or Developed Owned

NRA Percentage

Leased Annualized

Office and Other

2 unchanged sentences

Thirty South Meridian 2

Carrier, Kite Realty Group, Lumina Foundation

Indianapolis 1905/2002 Redeveloped 284,874 94.6 % $ 5,448 67.2 % $ 20.22 Carrier, Kite Realty Group, Lumina Foundation

Union Station Parking Garage 3

Denison Parking (manager)

Indianapolis 1986 Acquired N/A N/A N/A N/A N/A Denison Parking (manager)

Pan Am Plaza Parking Garage 3

Denison Parking (manager)

Indianapolis Acquired N/A N/A N/A N/A N/A Denison Parking (manager)

Stand-alone Office Components of Retail Properties

Eddy Street Office (part of Eddy Street Commons) 4

University of Notre Dame Offices

Tradition Village Office (part of Tradition Village Square)

South Bend 2009 Developed 81,628 100.0 % 1,324 16.4 % 16.23 University of Notre Dame Offices

Tradition Village Office (part of Tradition Village Square) Port St.

Lucie 2006 Acquired 24,340 100.0 % 735 9.1 % 30.19

Total Commercial Properties 390,842 96.1 % $ 7,507 92.7 % $ 20.00

Other Properties

Burlington San Antonio 1992/2000 Acquired 107,400 100.0 % $ 591 7.3 % $ 5.50 Burlington

107,400 100.0 % $ 591 7.3 % $ 5.50

Total Commercial and Other 498,242 96.9 % $ 8,098 100.0 % $ 16.77

1 unchanged sentence

Embassy Suites South Bend at Notre Dame 5

Full service hotel with 164 rooms

The Foundry Lofts and Apartments at Eddy Street

Air rights lease for apartment complex with 266 units

Summit at City Center Apartments

New York / Northern New Jersey

Apartment complex with 26 units.

South Bend 2018 Developed — N/A $ — — % $ — Full service hotel with 164 rooms

The Foundry Lofts and Apartments at Eddy Street South Bend 2009 Developed — 100.0 % — — $ — Air rights lease for apartment complex with 266 units

The Foundry Lofts and Apartments at Eddy Street Phase II South Bend 2020 Developed — 100.0 % — — $ — Air rights lease for apartment complex with 453 units

Summit at City Center Apartments New York / Northern New Jersey 2004 Acquired — 100.0 % — — $ — Apartment complex with 24 units.

1 Annualized Base Rent represents the monthly contractual rent as of December 31, 2020 for each applicable property, multiplied by 12.

3 unchanged sentences

5 Property owned in an unconsolidated joint venture.

Development Project Under Construction

In addition to our retail and office operating properties, as of December 31, 2019 , we owned an interest in one development project currently under construction.

The following table sets forth more specific information with respect to the Company’s development property as of December 31, 2019 :

Development Projects Under Construction

In addition to our retail and office operating properties, as of December 31, 2020, we owned an interest in two development projects currently under construction.

The following table sets forth more specific information with respect to the Company’s development projects as of December 31, 2020:

($ in thousands)

Anticipated Start Date

Projected Stabilization Date 1

Projected New Total GLA

Projected New Owned GLA

KRG Share of Estimated Project Cost

KRG Share of Cost Incurred

Estimated Return on Investment 3

Eddy Street Commons at Notre Dame, IN - Phase II 2

South Bend, IN

11.0% - 13.0%

Project MSA Anticipated Start Date Projected Stabilization Date 1

Projected New Total GLA Projected New Owned GLA Total Project Cost KRG Equity Requirement KRG Remaining Spend Estimated Return on Project 2

Glendale Town Center Apartments Indianapolis, IN Q2 2020 Q2 2022 207,000 24,000 $ 38,400 $ 1,200 $ 900 7.0% - 8.0%

Eddy Street Commons at Notre Dame, IN - Phase III South Bend, IN Q3 2020 Q1 2022 68,500 18,600 $ 7,500 7,500 6,100 8.5% - 9.5%

Glendale Town Center Retail 3

Indianapolis, IN Q1 2021 Q1 2022 54,500 54,500 $ 11,000 3,900 3,900 27.0% - 28.0%

____________________

1 Stabilization date represents near completion of project construction and substantial occupancy of the property.

Total estimated cost of all components of Eddy Street Phase II equals $90.8 million, consisting of KRG estimated project cost ($10.0 million), TIF ($16.1 million), and residential apartments and townhomes to be ground subleased to unrelated third party ($64.7 million).

2 Projected ROI for redevelopments is an estimate of the expected incremental stabilized annual operating cash flows to be generated divided by the estimated project costs, including construction, development, financing, and other soft costs, when applicable to the project.

3 Equity requirement is lower than total project cost due to a $7.1 million TIF received from the City of Indianapolis.

Tenant Diversification

4 unchanged sentences

Number of Stores

Tenant Wholly Owned JV 1

Total Leased GLA/NRA 2

Annualized Base Rent 3

Annualized Base Rent per Sq.

ABR at Pro-Rata Share 3

ABR psf at Pro-Rata % of Total

Publix Super Markets, Inc.

11 — 535,466 $ 5,455 $ 10.19 2.50 %

The TJX Companies, Inc.

Bed Bath & Beyond, Inc.

14 2 471,684 4,845 11.22 2.22 %

PetSmart, Inc.

13 1 291,379 4,084 14.62 1.87 %

Ross Stores, Inc.

12 1 364,442 4,000 11.61 1.83 %

Dick's Sporting Goods, Inc.

7 — 340,502 3,741 10.99 1.71 %

Bed Bath & Beyond, Inc.

13 2 387,848 3,718 10.53 1.70 %

Nordstrom Rack 5 1 197,797 3,571 20.75 1.64 %

Michaels Stores, Inc.

11 1 253,849 3,283 13.66 1.50 %

Burlington Stores, Inc.

5 — 310,423 3,039 9.79 1.39 %

National Amusements 1 — 80,000 2,953 36.92 1.35 %

Old Navy (11) / Athleta (1) 12 — 183,599 2,868 15.62 1.31 %

Kohl's Corporation 4 — 184,516 2,832 7.87 1.30 %

Walmart Stores, Inc.

5 — — 2,776 3.42 1.27 %

Best Buy Co., Inc.

5 — 183,604 2,627 14.31 1.20 %

Petco Animal Supplies, Inc.

10 — 136,669 2,526 18.48 1.16 %

Lowe's Companies, Inc.

Burlington Stores, Inc.

3 — — 2,375 4.91 1.09 %

LA Fitness 3 — 125,209 2,292 18.31 1.05 %

Hobby Lobby Stores, Inc.

Petco Animal Supplies, Inc.

5 — 271,254 2,248 8.29 1.03 %

Whole Foods Market, Inc.

4 — 139,781 2,130 15.24 0.98 %

Mattress Firm, Inc.

16 — 76,408 2,121 27.75 0.97 %

Walgreens 4 — 63,462 2,104 33.15 0.96 %

The Kroger Co.

Mattress Firm Holdings Corp (12) / Sleepy's (4)

Office Depot (6) / Office Max (2)

New York Sports Club

Randall's Food and Drugs

3 — 60,268 2,099 9.19 0.96 %

Five Below, Inc.

11 — 92,694 1,738 18.75 0.80 %

DSW 6 1 133,255 1,687 14.33 0.77 %

Sprouts Farmers Market, Inc.

3 — 83,985 1,589 18.92 0.73 %

TOTAL 186 9 4,968,094 $ 72,702 $ 11.55 33.3 %

1 JV Stores represent stores at unconsolidated properties.

5 unchanged sentences

5 Includes TJ Maxx (9), Marshalls (5) and HomeGoods (2).

Includes Bed Bath and Beyond (8), Buy Buy Baby (4) Christmas Tree Shops,(1), and Cost Plus World Market (3).

6 Includes Dick's Sporting Goods (6) and Golf Galaxy (1).

Includes Sam's Club.

Includes Old Navy (10) and Athleta (1).

7 Includes Bed Bath and Beyond (8), Buy Buy Baby (4), and Cost Plus World Market (3).

8 Includes Walmart (3) and Sam's Club (2).

9 Includes Mattress Firm (12) and Sleepy's (4).

10 Includes Kroger (1), Harris Teeter (1), and Smith's (1).

Ascena Retail Group announced plans to commence a wind down of Dressbarn's operations.

Excluding Dressbarn stores, Ascena Retail Group accounts for 0.6% of total portfolio annualized base rent.

Geographic Diversification – Annualized Base Rent by Region and State

The Company owns interests in 90 operating and redevelopment properties.

We also own interests in one development project under construction.

We also own interests in two development projects under construction.

The total operating portfolio consists of approximately 12 million of owned square feet in 16 states.

1 unchanged sentence

($ in thousands)

Total Operating Portfolio Excluding Developments and Redevelopments

Developments and Redevelopments 2

Total Operating Portfolio Excluding Developments and Redevelopments Developments and Redevelopments 2

Joint Ventures 3

1 unchanged sentence

Developments and Redevelopments

Number of Properties

Annualized Base Rent - Ground Leases

Total Annualized

Region/State Owned

Base Rent Owned

Base Rent Number of Properties Owned

Annualized Base Rent - Ground Leases Total Annualized

Base Rent Percent of

Florida 3,331,826 $ 52,799 — $ — 121,591 $ 1,206 29 3,453,417 $ 3,740 $ 57,745 25.9%

Texas 1,798,711 27,500 — — 156,146 2,568 10 1,954,857 1,374 31,442 14.1%

North Carolina 1,230,417 23,564 — — — — 9 1,230,417 2,041 25,605 11.5%

Oklahoma 505,229 6,493 — — — — 3 505,229 861 7,354 3.3%

Georgia 276,318 3,676 — — — — 1 276,318 345 4,021 1.8%

Tennessee 230,981 3,771 — — — — 1 230,981 — 3,771 1.7%

South Carolina 257,833 2,670 — — — — 2 257,833 — 2,670 1.2%

Texas - Other 107,400 591 — — — — 1 107,400 — 591 0.3%

Total South 7,738,715 121,064 — — 277,737 3,774 56 8,016,452 8,361 133,199 59.8 %

Indiana - Retail 1,394,221 22,110 344,890 2,572 — — 19 1,739,111 1,518 26,200 11.7%

Indiana - Other 366,502 6,773 24,000 — — — 4 390,502 — 6,773 3.0%

Ohio 236,230 2,217 — — — — 1 236,230 — 2,217 1.0%

Illinois 83,759 1,146 — — — — 1 83,759 — 1,146 0.5%

Total Midwest 2,080,712 32,246 368,890 2,572 — — 25 2,449,602 1,518 36,336 16.3%

Nevada 769,107 19,873 — — — — 4 769,107 3,717 23,590 10.6%

Utah 392,324 7,279 — — — — 2 392,324 — 7,279 3.3%

Arizona 79,902 2,467 — — — — 1 79,902 — 2,467 1.1%

Total West 1,241,333 29,619 — — — — 7 1,241,333 3,717 33,336 14.9%

New York 363,023 9,142 — — — — 1 363,023 — 9,142 4.1%

New Jersey 112,871 2,827 — — 139,022 2,849 2 251,893 2,103 7,779 3.5%

Connecticut 206,560 2,411 — — — — 1 206,560 1,061 3,472 1.6%

Total Northeast 682,454 14,380 — — 139,022 2,849 4 821,476 3,164 20,393 9.1%

11,743,214 $ 197,309 368,890 $ 2,572 416,759 $ 6,623 92 12,528,863 $ 16,760 $ 223,264 100.0%

____________________

1 Owned GLA/NRA represents gross leasable area or net leasable area owned by the Company.

It also excludes the square footage of Union Station Parking Garage and Pan Am Plaza Parking Garage.

Represents the four redevelopment and one development project not in the retail operating portfolio.

2 Represents the three redevelopment and two development projects not in the retail operating portfolio.

3 Represents the three operating properties owned in unconsolidated joint ventures.

7 unchanged sentences

Number of Expiring Leases 1

Anchor Tenants

Office and Other Tenants

Expiring Annualized Base Rent (Pro-rata)

% of Total Annualized Base Rent (Pro-rata)

Anchor Tenants

Office and Other Tenants

Shop Tenants Anchor Tenants Office and Other Tenants Expiring Annualized Base Rent (Pro-rata) % of Total Annualized Base Rent (Pro-rata) Shop Tenants Anchor Tenants Office and Other Tenants Total

2021 170 359,532 393,054 21,110 $ 16,106 8.0 % $ 29.22 $ 13.95 $ 19.25 $ 18.56

2022 253 520,386 1,058,556 65,020 29,293 14.6 % 27.55 13.04 21.97 16.88

2023 242 493,066 1,120,690 113,177 32,012 15.9 % 29.19 15.07 19.67 17.85

2024 206 451,867 744,562 33,827 22,193 11.0 % 29.76 14.13 9.17 18.42

2025 200 413,172 1,178,558 124,107 27,545 13.7 % 30.38 11.39 13.96 20.38

2026 133 322,876 896,743 — 17,174 8.5 % 26.12 10.34 16.39 15.85

2027 80 212,014 367,192 9,154 10,830 5.4 % 29.11 12.57 — 15.24

2028 72 176,834 272,757 61,747 11,103 5.5 % 31.84 15.21 31.29 19.06

2029 50 126,717 177,159 — 6,087 3.0 % 30.96 12.21 22.19 19.77

2030 48 148,081 266,032 — 7,887 3.9 % 28.53 14.51 62.73 19.23

Beyond 66 147,592 925,503 54,721 20,975 10.4 % 26.57 17.02 23.16 18.61

1,520 3,372,137 7,400,806 482,863 $ 201,205 100.0 % $ 28.92 $ 13.53 $ 16.94 $ 17.99

1 Lease expiration table reflects rents in place as of December 31, 2020 and does not include option periods;

8 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 2. Properties