United States Country Fact Sheet

Retail Real Estate 2013 2014 2015 2016 2017 Total Number of Shopping Centers1 114,561 114,934 115,398 115,858 116,161 Total Shopping Center Gross Leasable Area 7,534,213,043 7,572,053,380 7,613,474,983 7,651,111,973 7,680,330,241 (GLA)1 Square Feet Minimum Size Shopping Center Included No Minimum Size No Minimum Size No Minimum Size No Minimum Size No Minimum Size Number of Shopping Centers by Type1 Strip/Convenience (Less Than 30,000 sq ft) 68,241 68,417 68,647 68,883 69,023 Neighborhood (30,000-125,000 sq ft) 32,208 32,314 32,460 32,599 32,706 Community (125,000-400,000 sq ft) 9,659 9,712 9,751 9,801 9,827 (250,000-600,000 sq ft) 2,232 2,246 2,263 2,274 2,284 Regional Mall (400,000-800,000 sq ft) 582 586 588 593 595 Super Regional Mall (800,000 sq ft and above) 605 606 606 606 607 Lifestyle (150,000-500,000 sq ft) 472 484 501 513 522 Outlet/Value Center (50,000-400,000 sq ft) 341 348 361 368 375 Outlet Centers (ICSC)* NA 191 202 206 211 Theme/Festival (80,000-250,000 sq ft) 158 158 158 158 158 Airport Retail (75,000-300,000 sq ft) 63 63 63 63 64 Number of Retail Real Estate Establishments2 NA NA 1,861,321 1,876,968 1,893,163 Shopping Center GLA by Type1 Strip/Convenience (Less Than 30,000 sq ft) 904,317,664 907,270,296 911,607,411 915,730,565 918,861,459 Neighborhood (30,000-125,000 sq ft) 2,316,538,605 2,324,520,622 2,336,711,132 2,347,229,672 2,356,508,571 Community (125,000-400,000 sq ft) 1,916,423,800 1,927,969,671 1,935,158,910 1,944,740,583 1,950,024,057 Power Center (250,000-600,000 sq ft) 993,878,900 999,745,907 1,007,362,643 1,012,059,817 1,016,411,835 Regional Mall (400,000-800,000 sq ft) 346,229,062 348,777,117 349,712,928 352,437,259 353,638,438 Super Regional Mall (800,000 sq ft and above) 775,192,157 776,072,157 776,072,157 776,072,157 776,632,949 Lifestyle (150,000-500,000 sq ft) 162,724,515 166,408,685 172,023,278 176,111,214 179,463,928 Outlet/Value Center (50,000-400,000 sq ft) 81,981,320 84,361,905 87,899,504 89,803,686 91,742,986 Outlet Centers (ICSC)* NA 76,886,664 79,866,893 80,976,893 83,119,379 Theme/Festival (80,000-250,000 sq ft) 23,122,086 23,122,086 23,122,086 23,122,086 23,122,086 Airport Retail (75,000-300,000 sq ft) 13,804,934 13,804,934 13,804,934 13,804,934 13,923,932 Shopping Center GLA as a Share of Total Retail 42.5% 42.5% 42.4% 42.4% 42.3% GLA Total Shopping Center GLA per 100 Inhabitants 2,382 2,376 2,372 2,366 2,358 Sales 2013 2014 2015 2016 2017 Total Retail Sales (US$)3 $4.5 tril. $4.6 tril. $4.7 tril. $4.9 tril. $5.1 tril. Year-Over-Year Change in Retail Sales 3.6% 4.1% 1.9% 2.9% 4.4% Total Retail Sales Per Capita (US$) $14,099 $14,561 $14,725 $15,036 $15,582 Total Retail Sales as a Share of GDP3,4 26.6% 26.5% 25.9% 26.0% 26.0% Total Shopping Center Sales (US$)3,5,6 NA NA $2.17 tril. $2.24 tril. $2.31 tril. Year-Over-Year Change in Shopping Center Sales NA NA NA 3.1% 3.3% Shopping Center Sales Per Capita (US$) NA NA $6,764 $6,924 $7,102 Shopping Center Sales as a Share of GDP3,4,5 NA NA 11.9% 12.0% 11.9% Employment 2013 2014 2015 2016 2017 Total Retail Employees7 15.1 mil. 15.4 mil. 15.6 mil. 15.8 mil. 15.9 mil. Total Retail Employees as a Share of Total Non- 11.1% 11.1% 11.0% 11.0% 10.8% Farm Employees Total Shopping Center Employees5,7,8 NA NA 17.0 mil. 17.4 mil. 17.8 mil. Total Shopping Center Employees as a Share of NA NA 12.0% 12.0% 12.1% Total Non-Farm Employees Population3 2013 2014 2015 2016 2017 316,234,510 318,622,530 321,039,840 323,405,940 325,719,180 Other Metrics 2013 2014 2015 2016 2017 Total Retail Real Estate Wages2 NA NA $730.1 bil. $760.3 bil. $792.6 bil. Large Retailers' After-Tax Profits (US$)3 $80.8 bil. $74.3 bil. $89.2 bil. $94.1 bil. $89.3 bil. Total GLA 2017 Five Largest Shopping Centers9 Website Square Feet (Bloomington, MN)10 4,600,000 www.mallofamerica.com King of Prussia Mall (King of Prussia, PA) 2,732,000 www.kingofprussiamall.com (Costa Mesa, CA) 2,700,000 www.southcoastplaza.com Destiny USA (Syracuse, NY) 2,450,000 www.destinyusa.com Del Amo Fashion Mall (Torrance,CA) 2,371,068 www.simon.com/mall/del-amo-fashion-center Five Largest Retailers11 Total Sales 2016 Website Domestic International Total Wal-Mart Stores US$362.8 bil. US$123.1 bil. US$485.9 bil. www.walmart.com The Kroger Co. US$110.2 bil. - US$110.2 bil. www.kroger.com Costco US$85.8 bil. US$33.0 bil. US$118.8 bil. www.costco.com The Home Depot US$85.1 bil. US$9.7 bil. US$94.8 bil. www.homedepot.com CVS Caremark US$81.5 bil. US$1.3 bil. US$82.8 bil. www.cvs.com Total GLA Large Shopping Center Owners12 (As of Q2-2018) Website Square Feet 181,776,381 www.simon.com General Growth Properties 123,000,000 www.ggp.com Brixmor 80,000,000 www.brixmor.com Kimco Realty Group 79,000,000 www.kimcorealty.com DDR 62,700,000 www.ddr.com Shopping Center and Retail Trade Associations Website International Council of Shopping Centers (ICSC) www.icsc.org National Retail Federation www.nrf.com Retail Industry Leaders Association www.rila.org

1 Copyright CoStar Realty Information, Inc. (www.costar.com) 2 U.S. Bureau of Labor Statistics and ICSC Research 3 U.S. Census Bureau 4 U.S. Bureau of Economic Analysis 5 ICSC Research 6 Shopping center-inclined sales, based on U.S. Census Bureau data, measure sales liikely to take place at shopping centers and include sales at general merchandise, apparel, furniture, electronic, and other GAFO; health and personal care; food and beverage; and building material, garden equipment and plies stores. 7 U.S. Bureau of Labor Statistics 8 Shopping center-related employees, based on U.S. Census Bureau data, represent the number of jobs full- and part-time, in retail and real estate leasing activities associated with the shopping center industry. 9 Directory of Major Malls 10 Includes retail and entertainment square footage 11 National Retail Federation. Top 100 Retailers List, 2017. 12 Based on company reports *Per Value Retail News, an ICSC publication. These figures are comparable to factory outlet data for other regions. Last Updated: April 2018