# Brixmor Property Group

> Brixmor Property Group is a publicly traded U.S. retail real estate investment trust that owns, leases and redevelops open-air shopping centers. Its strategy pairs grocery and value anchors with local businesses, then reinvests in existing properties to improve tenant mix and rental income.

- **Founded:** 1985
- **Headquarters:** New York, United States
- **Products:** Retail space leasing, Pad and outparcel space, Short-term and pop-up leasing, Shopping-center redevelopment, Tenant operations support
- **Notable:** Stabilized US$183.3 million of reinvestment projects during 2025 at an average incremental NOI yield of 10%., Reported 94.8% total leased occupancy and company-record 92.6% small-shop leased occupancy at June 30, 2026., Reported 5.8% same-property NOI growth in Q2 2026.

## Products & services

- **Retail space leasing** — Long-term storefront and anchor leasing in open-air neighborhood shopping centers, with property search and leasing teams.
- **Pad and outparcel space** — Sites near shopping-center frontage for stand-alone retail, restaurant and service uses.
- **Short-term and pop-up leasing** — Temporary storefronts, outdoor events, food trucks, sponsorships and advertising placements; simple licenses can run from one day to one year.
- **Shopping-center redevelopment** — Tenant-led anchor repositioning, property reconfiguration, outparcel development and phased renovations.
- **Tenant operations support** — Maintenance reporting, construction guidance, center contacts, rent payments, renewals and reconciliation inquiries.

## Achievements

- Stabilized US$183.3 million of reinvestment projects during 2025 at an average incremental NOI yield of 10%.
- Reported 94.8% total leased occupancy and company-record 92.6% small-shop leased occupancy at June 30, 2026.
- Reported 5.8% same-property NOI growth in Q2 2026.
- Reported a 56% reduction in Scope 1 and 2 greenhouse-gas emissions versus 2018 in its report covering 2025 performance.

## Latest updates

- **2026-09** — Announced the US$2.34 billion Slate Grocery REIT transaction with Everview. Brixmor would acquire 23 centers for US$636 million, and a joint venture would acquire 92 for US$1.71 billion; expected Q1 2027 closing remains conditional.
- **2026-07** — Q2 results: 94.8% leased occupancy, 5.8% same-property NOI growth and US$71.2 million of signed but not yet commenced annualized base rent.
- **2026-06** — Released eighth annual corporate responsibility report covering 2025 performance.
- **2026-01** — Brian T. Finnegan became CEO on January 1, retaining the title of President and joining the board.

## Links

- Website: https://www.brixmor.com/
- LinkedIn: https://www.linkedin.com/company/brixmor/
- Twitter/X: https://twitter.com/brixmor
- Instagram: https://www.instagram.com/brixmorpropertygroup/
- Facebook: https://www.facebook.com/Brixmor/

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Profile page: https://yespress.io/brixmor-property-group
Published by YesPress — https://yespress.io
Last updated: 2026-10-23