Investor
Presentation
QUARTER ENDED DECEMBER 31, 2020
WHO IS
BRIXMOR?
• 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
EXECUTING DURING COVID
4Q20 LEASING DEMONSTRATES PORTFOLIO & PLATFORM STRENGTH
~600K SF
New leases executed
$17.33
New lease ABR PSF
22%
New lease rent spreads
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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.