Brixmor Property Group's CEO Michael Carroll Interviewed by Advisor Access


SAN FRANCISCO, CA--(Marketwired - Apr 7, 2015) - Neighborhood shopping centers are in just about every community and they're a thriving sector in real estate investing.

Brixmor Property Group Inc. (NYSE: BRX) owns and operates the nation's largest wholly owned portfolio of grocery-anchored community and neighborhood shopping centers, with 521 properties with about 87 million square feet located mainly across the top 50 U.S. metropolitan areas. Brixmor leverages its national footprint, local market knowledge and operational expertise to support the growth of its retail tenants. Headquartered in New York, the company is the largest landlord to the TJX Cos. and the Kroger Co. Advisor Access spoke with Carroll to find out how Brixmor is building exceptional value.

Advisor Access: What makes shopping centers an attractive asset class to invest in?
Michael Carroll:
"Shopping centers, especially properties that are grocery-anchored, are an attractive asset class for a number of reasons. Because grocery retail is necessity-based it has a built-in flow of consistent foot traffic to our centers helping to provide resistance to economic cycles, as well as developments that are considered challengers to brick-and-mortar retail, such as ecommerce.

"71 percent of our portfolio is anchored by market-leading grocers and grocers account for 25 percent of our gross leasable area (GLA), the largest of all our tenant categories. The makeup of our portfolio clearly reflects our strong belief in the long-term fundamentals supporting the shopping center industry... "

Continue reading this interview at Advisor-Access.com

About Advisor Access
Advisor-Access LLC was designed to bring compelling new investment ideas to investors in the form of in-depth interviews with company management and the latest fact sheets and corporate presentations, in a concise format; the critical pieces of information an investor needs to make an informed investment decision.

DISCLOSURE:
Brixmor Property Group Inc. paid Advisor Access to produce and distribute this interview. Brixmor had final approval of the content and is wholly responsible for the validity of the statements. Opinions expressed are those of Michael Carroll and not of Advisor Access or its employees, contractors or owners.

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