Last $27.10 USD
Change Today -0.29 / -1.06%
Volume 2.0M
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

brixmor property group inc (BRX) Snapshot

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brixmor property group inc (BRX) Details

Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. As of March 31, 2013, the company owned interests in 532 community and neighborhood shopping centers comprising 526 wholly owned community and neighborhood shopping centers; and 6 community and neighborhood shopping centers held through unconsolidated real estate joint ventures. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC. The company was incorporated in 2008 and is based in New York, New York. Brixmor Property Group Inc. operates as a subsidiary of Blackstone Real Estate Advisors.

456 Employees
Last Reported Date: 03/12/14
Founded in 2008

brixmor property group inc (BRX) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.4M
President and Chief Financial Officer
Total Annual Compensation: $432.7K
Executive Vice President, General Counsel and...
Total Annual Compensation: $803.3K
Executive Vice President of Acquisitions & Di...
Total Annual Compensation: $700.3K
Compensation as of Fiscal Year 2013.

brixmor property group inc (BRX) Key Developments

Brixmor Property Group Announces Replacement of Ellisville Kmart Store

Brixmor Property Group announced that the Ellisville Kmart store that closed this spring as part of the retailer's nationwide retrenchment will be repopulated in 2015. The company announced that Sports Authority, Michael's and Party City will move into the 75,000 square feet of space Kmart vacated at Ellisville Square, on Manchester Road. In addition to getting new tenants for the former Kmart in Ellisville, Brixmor has found replacements for Kmarts at shopping centers in Nashville, Tenn.; Syracuse, N.Y., and Naples, Fla. Together, the new tenants will fill 351,000 square feet of space Kmart vacated.

Brixmor Property Group Adds Nine New Small Shop Leases At Villa Monaco

Brixmor Property Group announced it has added nine new small shop leases at Villa Monaco, dramatically improving the center's occupancy, enhancing the neighborhood center's merchandising mix and strengthening its position in the Denver market.

Brixmor Property Group Inc. Announces Executive Changes

Brixmor Property Group Inc. announced a series of management changes designed to support its national and regional leasing strategies, including the Company's recently announced Raising the Bar initiative. This program involves upgrading its centers' merchandise mix with strong, best-in-class anchors to drive higher sales, traffic and small shop leasing, while elevating center appeal to improve rent levels and shopping center net operating income. Brian Finnegan has been promoted to the position of Executive Vice President - Leasing from his previous post of Senior Vice President - Leasing, West. In his new role, Mr. Finnegan will have strategic and day-to-day responsibility for all leasing efforts conducted through the Company's network of three regional and 12 leasing offices, as well as oversee the Company's marketing efforts. Michael Moss, Executive Vice President, National Accounts will continue to drive the Company's National Accounts program, which focus on maximizing leasing opportunities across the Company's portfolio by building and maintaining retailer contacts and relationships nationwide. Brian will be replacing Timothy Bruce, who has resigned from his position to pursue other interests. Most recently, Mr. Finnegan oversaw the leasing and redevelopment of Brixmor's community and neighborhood shopping centers in six states, including Arizona, California, Colorado, Nevada, New Mexico and Texas. In conjunction with these changes, Matthew Berger has been promoted to Senior Vice President - Leasing, West and David Gerstenhaber has been promoted to Senior Vice President, National Accounts.


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