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

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

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.