Brixmor Property Group focuses on consumer convenience, proper tenant mix.
By Richard Berger for Globest
Site Centers’ recent decision to spin off its convenience assets into a separate REIT was telling in many ways, including the strength of the REIT’s remaining assets, which are primarily strip malls.
Now we have further confirmation of strip malls’ growing dominance in the retail space from Brixmor Property Group CEO James Taylor, who spoke with CNBC about his company’s recent earnings performance. His main point: open-air retail in many cases is…