filings.toolsItem 2. Properties
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Item 2. Properties
Warehouse Properties
At September 2, 2018, we operated 762 membership warehouses:
| Own Land and Building | Lease Land and/or Building(1) | Total | ||||||
| United States and Puerto Rico | 426 | 101 | 527 | |||||
| Canada | 86 | 14 | 100 | |||||
| Mexico | 38 | 1 | 39 | |||||
| United Kingdom | 22 | 6 | 28 | |||||
| Japan | 12 | 14 | 26 | |||||
| Korea(2) | 11 | 4 | 15 | |||||
| Taiwan | — | 13 | 13 | |||||
| Australia | 7 | 3 | 10 | |||||
| Spain | 2 | — | 2 | |||||
| Iceland | — | 1 | 1 | |||||
| France | 1 | — | 1 | |||||
| Total | 605 | 157 | 762 |
| (1) | 106 of the 157 leases are land-only leases, where Costco owns the building. |
| (2) | In fiscal 2018, Costco purchased the remaining equity interest and three formerly leased locations from its former joint-venture partner in Korea. |
The following schedule shows warehouse openings, net of closings and relocations, and expected openings through December 31, 2018:
| United States | Canada | Other International | Total | Total Warehouses in Operation | ||||||||||
| 2014 and prior | 468 | 88 | 107 | 663 | 663 | |||||||||
| 2015 | 12 | 1 | 10 | 23 | 686 | |||||||||
| 2016 | 21 | 2 | 6 | 29 | 715 | |||||||||
| 2017 | 13 | 6 | 7 | 26 | 741 | |||||||||
| 2018 | 13 | 3 | 5 | 21 | 762 | |||||||||
| 2019 (expected through 12/31/2018) | 6 | — | 1 | 7 | 769 | |||||||||
| Total | 533 | 100 | 136 | 769 |
At the end of fiscal 2018, our warehouses contained approximately 110.7 million square feet of operating floor space: 77.5 million in the U.S.; 13.9 million in Canada; and 19.3 million in Other International. We operate 24 depots, with approximately 11.0 million square feet, for the consolidation and distribution of most merchandise shipments to the warehouses. Additionally, we operate various processing, packaging, manufacturing and other facilities to support our business, which includes the production of certain private-label items. Our executive offices are located in Issaquah, Washington, and we maintain 18 regional offices in the U.S., Canada and Other International locations.
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