A Dark Vector Cognition product

Item 2. PROPERTIES

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Item 2. PROPERTIES

We lease store locations, distribution and manufacturing facilities, corporate facilities and customer care centers for our U.S. and foreign operations for original terms generally ranging from 5 to 22 years. Certain leases contain renewal options for periods of up to 20 years.

For our store locations, our gross leased store space as of January 28, 2018 totaled approximately 6,451,000 square feet for 631 stores compared to approximately 6,359,000 square feet for 629 stores as of January 29, 2017.

Leased Properties

The following table summarizes the location and size of our leased facilities occupied as of January 28, 2018:

LocationOccupied Square Footage (Approximate)
Distribution and Manufacturing Facilities
Mississippi2,105,000
New Jersey2,103,000
California1,432,000
Georgia1,075,000
Texas896,000
Tennessee603,000
North Carolina412,000
Ohio265,000
Florida116,000
Massachusetts112,000
Oregon91,000
Colorado80,000
Corporate Facilities
New York238,000
California249,000
Oregon49,000
Customer Care Centers
Nevada36,000
Other32,000
Table of Contents

In addition to the above contracts, we enter into other agreements for offsite storage needs for our distribution facilities and our retail store locations, as necessary. As of January 28, 2018, the total leased space relating to these properties was not material to us and is not included in the occupied square footage reported above.

Owned Properties

As of January 28, 2018, we owned 471,000 square feet of space, primarily in California, for our corporate headquarters and certain data center operations.

We believe that all of our facilities are adequate for our current needs and that suitable additional or substitute space will be available in the future to replace our existing facilities, or to accommodate the expansion of our operations, if necessary.

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