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Acquired Properties
 12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Acquired Properties Acquired Properties
The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the year ended December 31, 2022:
DatePropertyMetropolitan AreaSquare FeetGross
Acquisition Price		Assumption of Mortgage Debt
February 2, 2022Shops at Arbor TrailsAustin, TX357$112,190 $31,500 
February 2, 2022Escarpment VillageAustin, TX170 77,150 26,000
April 21, 2022The Highlands of Flower Mound (a)Dallas, TX175 38,000 22,880
May 4, 2022Bay LandingFort Myers, FL63 10,425 —
June 10, 2022Kyle Marketplace - Outparcel (b)Austin, TX— 705 —
October 28, 2022Eastfield VillageCharlotte, NC96 22,500 —
December 16, 2022Stone Ridge Market (a)San Antonio, TX219 58,100 —
1,080 $319,070 $80,380 
(a)These retail properties were acquired from the Company's unconsolidated joint venture. See "Note 6. Investment in Unconsolidated Entities". The Company recognized a fair value adjustment of $499 to the mortgage payable secured by The Highlands of Flower Mound.
(b)The Company acquired a parcel of vacant land adjacent to this retail property. The assets, liabilities and operations of the outparcel acquired are combined for presentation purposes with the retail property already owned by the Company.
The following table reflects the retail properties acquired, accounted for as asset acquisitions, during the year ended December 31, 2021:
DatePropertyMetropolitan AreaSquare FeetGross
Acquisition Price
July 12, 2021Prestonwood Town Center (a)Dallas, TX233$52,800 
September 2, 2021Rio Pinar Plaza - Outparcel (b)Orlando, FL7 1,910
240$54,710 
(a)This retail property was acquired from the Company's unconsolidated joint venture. See "Note 6. Investment in Unconsolidated Entities".
(b)The Company acquired a parcel of vacant land adjacent to this retail property. The assets, liabilities and operations of the outparcel acquired are combined for presentation purposes with the retail property already owned by the Company.
Transaction costs of $1,079 and $59 were capitalized during the years ended December 31, 2022 and 2021, respectively.