Brixmor Property Group

Brixmor Property Group is an internally managed real estate investment trust (REIT) that specializes in owning and operating grocery-anchored community and neighborhood shopping centers throughout the United States. The company’s portfolio comprises 522 shopping centers, totaling approximately 87 million square feet of gross leasable area. Brixmor leases its properties to a diverse range of tenants, including large department stores, discount retailers, grocery stores, restaurants, entertainment venues, and fitness centers. Its revenue primarily comes from rents, including percentage rents tied to tenants' sales, and expense reimbursements from existing leases. Brixmor operates in multiple states, including Florida, Texas, California, New York, Pennsylvania, Illinois, New Jersey, Georgia, North Carolina, Michigan, and Ohio, highlighting its extensive presence in the retail real estate market.