Brixmor Property Group Inc. (NYSE: BRX) announced today the pricing of a secondary offering of 20,000,000 shares of its common stock by certain selling stockholders (the "Selling Stockholders") affiliated with Blackstone Real Estate Partners at $26.15per share. The offering is expected to close on July 6, 2016, subject to customary closing conditions.

Brixmor did not offer any shares of common stock in the offering and will not receive any proceeds from the sale of shares in this offering. In addition, none of Brixmor's officers or directors sold any shares of common stock in the offering.

Goldman, Sachs & Co. and Citigroup are serving as underwriters and joint book-running managers for the offering.

About Brixmor Property Group

Brixmor owns and operates the nation's largest wholly owned portfolio of grocery-anchored community and neighborhood shopping centers, with 518 properties aggregating approximately 87 million square feet of gross leasable area located primarily across the top 50 U.S. metro markets. Brixmor leverages its national footprint, local market knowledge and operational expertise to support the growth of its retail tenants. The Company is focused on maximizing the value of its portfolio through strategic leasing and anchor space repositioning / redevelopment initiatives. Headquartered in New York City, the Company is the largest landlord to The TJX Companies and The Kroger Company.