• We are one of the largest open-air retail landlords in the US, with a nationally diversified portfolio of 393 shopping centers
• We strive for our properties to be the "centers of the communities we serve" by thoughtfully merchandising our centers with non-discretionary essential uses and value-oriented retail
• We are well-positioned to meet the needs of today's consumer
o ~70% of centers are grocery-anchored
o High quality, diversified portfolio with ~5,000 national, regional and local tenants
PORTFOLIO QUICK FACTS
Number of shopping centers GLA
Average shopping center size
393 69M SF 175K SF
Percent billed 87.8%
Percent leased 90.7%
Percent leased - Anchors (≥ 10K SF) 93.8%
Percent leased - Small shops (< 10K SF) 83.8%
Average grocer sales PSF 1 ~$600
Average grocer occupancy cost 1
< 2%
FLEXIBLE RETAIL FORMAT 2
o Located in close proximity to households, effectively serving as last mile distribution
o Convenient, drive-up format easily enables click-and-collect or curb-side pickup
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Brixmor Property Group Inc. published this content on 03 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2021 21:11:01 UTC.
Brixmor Property Group Inc. is an internally managed real estate investment trust (REIT). The Company conducts its operations primarily through, Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership). The Company owns and operates open-air retail portfolios by gross leasable area (GLA) in the United States, comprised primarily of community and neighborhood shopping centers. The Companyâs portfolio consists of approximately 362 shopping centers (the Portfolio) totaling over 64 million square feet of GLA. The Companyâs projects include Dickson City Crossings, East Port Plaza, Fox Run, Gateway Plaza, Old Bridge Gateway, Pointe Orlando, Shops at Palm Lakes, Stewart Plaza, Tinley Park Plaza, Tyrone Gardens, Vail Ranch Center, Venice Village, Village at Mira Mesa and Westminster City Center. The Companyâs national portfolio is primarily located within established trade areas in the top 50 Core-Based Statistical Areas (CBSAs) in the United States.