🠈  Brixmor Property Group  🠊

Brixmor Property Group

Brixmor Property Group is an REIT that was created in 2011 after Blackstone bought 588 shopping malls from the Centro Property Group for $9.4B (see aside panel).

Brixmor held an IPO in 2013 with the symbol BRX.

The company had a financial scandal and fired its CEO in 2016.

Its market capitalization in 12/17 was $5.5B. Their 3rd quarter report for 2017 said the group had 500 retail centers. These centers had 84 million square feet of retail space.

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