Name | Value |
---|---|
Revenues | 308.6M |
Cost of Revenue | 81.1M |
Gross Profit | 227.5M |
Operating Expense | 121.0M |
Operating I/L | 105.8M |
Other Income/Expense | 1.4M |
Interest Income | 0.0M |
Pretax | 107.2M |
Income Tax Expense | 48.5M |
Net Income/Loss | 58.7M |
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a national portfolio of open-air shopping centers, totaling approximately 69 million square feet of retail space. The company's focus is on creating thriving retail environments in established trade areas, housing a diverse mix of national, regional, and local retailers. Brixmor's real estate partnerships with approximately 5,000 retailers, including major brands like The TJX Companies, The Kroger Co., and Wal-Mart, contribute to its revenue stream through leasing prime retail space to these tenants.