Brixmor Property Group (BRX) Reports Q2 FFO of $0.32

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Brixmor Property Group Reports Second Quarter 2020 Results

August 3, 2020 4:05 PM EDT

NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three months ended June 30, 2020.  For the three months ended June 30, 2020 and 2019, net income was $0.03 per diluted share and $0.23 per diluted share, respectively.

Key highlights for the three months ended June 30, 2020 include:

Executed 1.3 million square feet of new and renewal leases, with rent spreads on comparable space of 5.9%, including 0.4 million square feet of new leases, with rent spreads on comparable space of 19.4% Realized total leased... More