BRX

Brixmor Property Group Inc. is an internally managed real estate investment trust that owns and operates one of the largest portfolios of open-air shopping centers in the United States. The company's properties are primarily anchored by grocery stores, value retailers, and necessity-based tenants, with typical centers also including restaurants, fitness centers, banks, and service-oriented businesses. Brixmor owns and manages shopping centers totaling millions of square feet across the United States, with concentration in high-growth, high-income markets. The company generates revenues from rental income from retail tenants under long-term leases. Headquartered in New York City, Brixmor was formed through the spin-off from Blackstone Group in 2013 and has since repositioned its portfolio toward higher-quality centers in better locations. The REIT has sold weaker assets, invested in property improvements, and focused on necessity-based retail demonstrating resilience against e-commerce disruption. Brixmor benefits from its grocery-anchored, needs-based tenant mix and strong market locations. The company continues to focus on leasing, merchandising, redevelopment, and operational excellence to enhance property values and generate shareholder returns.