“We do think we're going to carry that through year end.”

In context

“rry. No, I think Tom said and Federal is right after you guys, so I thought my mic was already cut, so I didn't know you could… David Simon: We're kidding. We're only kidding. We'll talk to you later. Thanks, Alex. Alexander Goldfarb: Thanks. Operator: Thank you. And our next question comes from the line of Vince Tibone with Green Street. Please proceed with your question. Vince Tibone: Hi, good afternoon. Could you discuss the [current thread] between leased and physical occupancy? And then kind of the cadence in what visibility your store openings for leases that have been executed, but are not yet open? Brian McDade: So this is Brian. We are still hovering right around 200 basis points of unopened. That ebbs and flows as you might imagine every month given the velocity of our business. We do think we're going to carry that through year end. And certainly, we do expect that we are going to continue to see openings throughout the balance of the year, as retailers open later this month and into September and October. David Simon: And I would say, just on follow-up on that, Vince, is that, a lot of the business that we have signed leases on and/or about to be signed is still – and I don't – I mean, we can give you the exact number. I don't have it again at the top of my tongue, but – at the tip of my tongue. But there is a lot of the business that we've signed or about to be signed is really 2024 and even 2025 business. And especially, when we're in the – we're talking the restaurant business, you're talking nine months build out, you're talking permits that are required to get – it's a little more complicated getting restaurant”