Retail Traffic

Correction:

A story that ran in our May issue and on our Web site on Feldman Mall Properties contained several errors. We reported consensus analyst expectations for fourth quarter FFO of $0.24 per share. Consensus was actually $0.19 per share. Feldman's actual FFO was $0.18, in line with the low end of its earnings guidance. Analysis of Feldman's stock did not take into account that all retail REITs were experiencing sell-offs. Information on Feldman's debt service coverage ratio was incorrect. And the company focuses on primary and secondary markets, not tertiary markets. We regret the errors.

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