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  "docSlug": "312cc29b1436",
  "documentTitle": "Target Corporation (TGT)",
  "authorId": "01_Pershing_Square",
  "authorName": "William Ackman",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2009-05-11 00:00:00",
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  "pageNumber": 57,
  "pageCount": 80,
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  "slideType": "peer_benchmark",
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  "density": "dense",
  "nDataPoints": 10,
  "notes": "The slide uses a peer benchmark table to establish the target's market dominance in terms of physical retail footprint.",
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      "kind": "callout",
      "text": "Target currently owns approximately 213 million square feet of retail square footage (1), more than any other publicly traded retail real estate company in the U.S. today based on our estimates",
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      "kind": "metric",
      "text": "Estimated Total Owned GLA (sq. ft.): 213 million",
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      "text": "(1) Includes owned and combined retail square footage. Excludes leased retail square footage and owned distribution centers square footage (2) Based on the latest company filings (3) Includes consolidated and unconsolidated GLA for the company (4) Based on U.S. properties square footage which the company owns. Excludes international properties square footage (5) Includes square footage of properties which the company owns or has a majority and minority ownership interest (6) Based on pro rata share of GLA in shopping center portfolio (7) Includes total square footage of the anchors (whether owned or leased by the anchor) and mall stores. Excludes future expansion areas (8) Based on U.S. properties square footage which the company owns or has a majority and minority ownership interest (9) Based on wholly-owned and pro rata share of co-investment partnerships. Represents GLA including anchor-owned stores (10) Based on retail GLA owned by the company (11) Includes owned GLA on consolidated and unconsolidated properties",
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      "kind": "table",
      "text": "Target Corporation 213; General Growth Properties 168; Simon Property Group 153; The Macerich Company 76; Kimco Realty Corporation 74; CBL & Associates Properties 73; Developers Diversified Realty Corporation 67; Regency Centers Corporation 37; Weingarten Realty Investors 34; Pennsylvania Real Estate Investment Trust 26",
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      "kind": "title",
      "text": "Target: A Leading Owner of Retail Real Estate in the US",
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      "evidence": "Table comparing Target against 9 peers by GLA",
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      "evidence": "The document presents Pershing Square's nominees as a solution to the problems identified.",
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