An excerpt: The Shopping Center Landscape Remains Stable

Directory of Major Major Malls / ShoppingCenters.com is a data partner of Nielsen and contributes data for inclusion
in the Nielsen Shopping Center File. DMM data was sourced for the Brick by Brick State of the Shopping Center Report.

Below is an excerpt from an article by Nielsen discussing the retail shopping center landscape and other findings.

The Shopping Center Landscape Remains Stable

Reaffirming the role shopping centers play in American culture, the industry landscape remained stable
from 2013 to 2014, indicating growing stability in shopping center development. According to the 2014
State of the Shopping Center report, the number of large shopping centers (200K+ gross leasable area {GLA})
grew by 3 percent in the past year. Community centers, which feature neighborhood-serving amenities like
grocery stores and dry cleaners, are still the most common type of shopping center in 2014, comprising
46 percent of centers. In 2013, Nielsen reported the rise of lifestyle centers and the decline of traditional
malls like regional and super-regional centers. This trend is holding true in 2014 as consumers continue to
be drawn to the shopping experience offered by lifestyle centers with their mix of retail, restaurants and
entertainment options.

Read the complete article here

NY Deal Making 2018