DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus may contain or incorporate by reference forward-looking statements within the meaning of Section 27A of the Securities
Act and Section 21E of the Exchange Act. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as outlook, believes, expects, potential, continues,
may, will, should, seeks, projects, predicts, intends, plans, estimates, anticipates, or the negative version of these words or
other comparable words. Such forward-looking statements are subject to various risks and uncertainties.
Accordingly, there are or will be
important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include but are not limited to those described under the section entitled Risk Factors
in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on February 11, 2021, as such factors may be updated from time to time in our
periodic filings with the SEC, which are accessible on the SECs website at http://www.sec.gov.
Currently, one of the most
significant factors that could cause actual outcomes or results to differ materially from those indicated in these statements is the adverse effect of the current pandemic of the novel coronavirus
(COVID-19) on the financial condition, operating results and cash flows of the Company, the Companys tenants, the real estate market, the financial market and the global economy. The COVID-19 pandemic has impacted us and our tenants significantly, and the extent to which it continues to impact us and our tenants will depend on future developments, which are highly uncertain and cannot be
predicted with confidence, including the scope, severity and duration of the pandemic, the speed and effectiveness of vaccine and treatment developments and their deployment, including public adoption rates of
COVID-19 vaccines, potential mutations of COVID-19, including SARS-CoV-2 and the response
thereto, the direct and indirect economic effects of the pandemic and containment measures, and potential sustained changes in consumer behavior, among others.
Additional factors that could cause actual outcomes or results to differ materially from those indicated in these statements include
(1) changes in national, regional and local economies, due to global events such as international trade disputes, a foreign debt crisis, foreign currency volatility, or domestic issues, such as government policies and regulations, tariffs,
energy prices, market dynamics, rising interest rates and unemployment or limited growth in consumer income; (2) local real estate market conditions, including an oversupply of space in, or a reduction in demand for, properties similar to those
in our Portfolio; (3) competition from other available properties and e-commerce, and the attractiveness of properties in our Portfolio to our tenants; (4) ongoing disruption and/or consolidation in
the retail sector, the financial stability of our tenants and the overall financial condition of large retailing companies, including their ability to pay rent and expense reimbursements; (5) in the case of percentage rents, the sales volume of
our tenants; (6) increases in property operating expenses, including common area expenses, utilities, insurance and real estate taxes, which are relatively inflexible and generally do not decrease if revenue or occupancy decrease;
(7) increases in the costs to repair, renovate and re-lease space; (8) earthquakes, tornadoes, hurricanes, damage from rising sea levels due to climate change, other natural disasters, epidemics
and/or pandemics, including COVID-19, civil unrest, terrorist acts or acts of war, any of which may result in uninsured or underinsured losses; (9) changes in laws and governmental regulations, including
those governing usage, zoning, the environment and taxes; and (10) costs incurred in connection with the SEC investigation involving the Company as discussed in our period reports. These factors should not be construed as exhaustive and should
be read in conjunction with the other cautionary statements that are included in this prospectus and in our Annual Report on Form 10-K and other periodic filings. The forward-looking statements speak only as
of the date of this prospectus, and we expressly disclaim any obligation or undertaking to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except to the extent
otherwise required by law.
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