Equity One, Inc. is a real estate investment trust (REIT), which owns, manages, acquires, develops and redevelops shopping centers and retail properties located primarily in supply constrained suburban and urban communities. The Company's segments include South Florida,North Florida , Southeast, Northeast and West Coast . As of December 31, 2012, its consolidated property portfolio comprised 168 properties, including 144 retail properties and six non-retail properties totaling approximately 16.9 million square feet of gross leasable area (GLA), 11 development or redevelopment properties with approximately 2.2 million square feet of GLA upon completion, and seven land parcels. As of December 31, 2012, its core portfolio was 92.1% leased and included national, regional and local tenants. Additionally, it had joint venture interests in 18 retail properties and two office buildings totaling approximately 3.3 million square feet of GLA.