property group inc. formerly called centro properties group type public company traded as nyse brx industry property development property management retail property predecessor centro properties group us founded 18 february 1985 1985 02 18 as jennings properties limited . headquarters new york city new york area served united states of america key people james m. taylor ceo angela aman evp chief financial officer brian t. finnegan evp leasing michael a. moss evp national accounts steven f. siegel evp general counsel carolyn carter singh evp hr & administration mark t. horgan chief investment officer services retail property ownership and management revenue us 835.6 million 2015 operating income us 430.38 million 2015 profit us 193.72 million 2015 number of employees 200 website www.brixmor.com brixmor property group inc. trading as property group nyse brx 1 is a real estate investment trust headquartered in new york city new york . the company owns and operates one of the nation s largest portfolios of open air shopping centers with more than 500 properties strategically located across 38 states . 2 the company s shopping centers feature grocers retailers and local retail brands and are located in major u.s. metropolitan areas . properties edit brixmor s portfolio totals approximately 87 million square feet located primarily in infill locations in established markets . the company is the largest landlord to the tjx companies t.j. maxx marshalls and homegoods and the kroger co. with more than 5 600 retailers brixmor works with u.s. retailers including walmart publix target dollar tree ross dress for less bed bath & beyond petsmart and michaels . history edit the company originated from several preexisting reits owned by its predecessor centro properties group . in 2003 cv reit and kranzco realty trust merged to become kramont realty trust which was acquired by centro in 2005 . centro then acquired heritage property investment trust and new plan excel realty trust which also were the result of prior mergers . 3 blackstone group lp nyse bx purchased centro properties group us a predecessor of brixmor property group in june 2011 for 9 billion and invested an additional 300 million in redevelopment efforts in the company s shopping center portfolio . 4 the company changed its name to brixmor property group in september 2011 . 5 the company went public on october 31 2013 raising nearly 950 million through its initial public offering . 6 as of may 2014 the stock traded under brx on the new york stock exchange nyse 7 has continued to rise in value climbing from 20 a share to a little over 22 in the initial eight months of trade . 8 as of may 2014 moody s investors service assigned brixmor a baa3 issuer rating . this rating reflects the company s cash flow stability evolution of the balance sheet and operating performance . the company intends to use this rating as a means of acquiring new sources of capital in unsecured credit markets . 9 in april 2016 it was announced that james taylor would become chief executive president and a board member . he would replace interm ceo daniel hurwitz . 10 references edit brixmor property group inc . new york stock exchange . about . brixmor . retrieved 2014 06 18 . kostelni natalie 4 december 2014 . you ve shopped at its centers . now meet brixmor . philadelphia business journal . louis brian 2011 10 18 . blackstone s brixmor plans 300 million retail redevelopment . bloomberg . retrieved 2014 06 18 . centro changes name to brixmor property group . http nreionline.com . 2011 09 28 . retrieved 2014 09 17 . external link in publisher help brixmor focused on upgrading anchor spaces . reit.com . 2013 12 17 . retrieved 2014 06 18 . nyse listing https exchanges.nyx.com new york stock exchange brixmor property group makes public debut nyse brx historical prices brixmor property group inc. com stock yahoo finance . finance.yahoo.com . retrieved 2014 06 18 . brixmor property group achieves investment grade rating from moody s wsj.com . online.wsj.com . 2014 05 14 . retrieved 2014 06 18 . hufford austen . shopping center owner brixmor names ceo after accounting scandal . wsj.com . wsj . retrieved 12 april 2016 . retrieved from https en.wikipedia.org w index.php title brixmor property group & oldid 737428723 categories real estate investment trusts of the united statescompanies established in 1985financial services companies based in new york cityhidden categories cs1 errors external links navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as 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