Recently Acquired

Arborland Center, Ann Arbor, MI

Arborland Center is a 403,536-square-foot regional grocery-anchored power center featuring a strong lineup of best-in-class retailers, including Kroger, Nordstrom Rack, Marshalls, ULTA Beauty, Old Navy, Michaels, DSW, Toys ‘R Us and Starbucks. Centrally located on the primary transportation corridor linking the region’s job and education centers, Washtenaw Avenue, Arborland Center is well positioned to serve the student population of 60,000 from the University of Michigan and Eastern Michigan University as well as the surrounding dense and affluent population with an average household income of $81,000 within five miles. Arborland Center is easily accessible and visible from the heavily trafficked intersection of U.S. 23 with more than 81,200 vehicles per day and Washtenaw Avenue with 37,200 vehicles per day.

The acquisition of Arborland builds on Brixmor’s strong presence in the dynamic Ann Arbor marketplace. This best in asset class increases Brimxor’s GLA in the market to more than 1.0 million square feet, which includes Maple Village, a newly renovated center including Plum Market, HomeGoods and Stein Mart.

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Felicita Town Center, Escondido, CA

Duel-anchored by high-profile grocers Trader Joe’s and Major Market, Felicita Town Center is a 126,502-square-foot neighborhood center located at the heavily trafficked intersection of Centre City Parkway and Felicita Ave with more than 55,000 vehicles daily. The center is surrounded by a dense, affluent population of more than 110,000 people with average household incomes of $71,000+ within a 3-mile radius. A strong lineup of national retailers, including Rite Aid, Jersey Mike’s and Starbucks, creates a regional draw within North San Diego County.

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Larchmont Centre, Mt. Laurel, NJ

Anchored by the area’s dominant grocer ShopRite, Larchmont Centre is a 103,787-square-foot neighborhood center strategically located at the heavily trafficked intersection of Route 38 and Ark Road with more than 50,000 vehicles daily. The center is located in an affluent Philadelphia suburb with an average household income of $122,000 within a 3-mile radius.

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Webster Square, Marshfield, MA

Located in the Boston MSA, Webster Square is surrounded by an affluent population with an average household income of $108,000 within 3 miles. This 182,756-square-foot neighborhood center features a 69,000-square-foot grocer Star Market, Marshalls and a strong lineup of regional and national retailers.

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