Exhibit 99.1
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450 Lexington Avenue : New York, NY 10017 : 800.468.7526




FOR IMMEDIATE RELEASE

CONTACT:
Stacy Slater                            
Senior Vice President, Investor Relations            
800.468.7526                             
stacy.slater@brixmor.com
BRIXMOR PROPERTY GROUP REPORTS SECOND QUARTER 2017 RESULTS
- Delivers Another Impressive Quarter of Leasing Volume and Rollover Growth-
- Achieves Record New and Renewal Lease ABR PSF of $16.65 -

NEW YORK, JULY 31, 2017 -
Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today its operating results for the three and six months ended June 30, 2017. For the three months ended June 30, 2017, net income attributable to common stockholders was $0.25 per diluted share compared with $0.21 per diluted share in the comparable 2016 period.

Key highlights for the three months ended June 30, 2017 include:
Executed 2.9 million square feet of total leasing volume, including options, at comparable rent spreads of 13.7%
Executed 1.9 million square feet of new and renewal leases at comparable rent spreads of 16.8%, including 0.8 million square feet of new
leases at comparable rent spreads of 36.1%
Achieved new and renewal lease ABR PSF of $16.65, highest since IPO
Increased small shop leased occupancy by 80 basis points year-over-year to 85.0%; Overall leased occupancy declined to 92.0%, driven
primarily by recent tenant bankruptcies
Generated same property NOI growth of 1.3%, with same property base rent growth of 2.5%
Grew FFO per diluted share 3.6% year-over-year, excluding non-cash GAAP rental adjustments and lease termination fees
Completed $75.5 million of dispositions, with an additional $20.8 million completed subsequent to June 30, 2017
Issued $500.0 million of 3.650% Senior Notes due 2024 and entered into a $300.0 million seven-year unsecured term loan

“Our enhanced platform continued to drive market leading leasing productivity and rollover growth as we capitalize on retailer disruption to improve the tenancy and merchandising of our well located shopping centers, with retailers new to our portfolio such as Lucky’s Market, HomeSense and BevMo!,” commented James Taylor, Chief Executive Officer and President. “We also accelerated our pace of dispositions to capitalize on favorable private market valuations. Finally, we continued to strengthen our balance sheet by reducing leverage, increasing unencumbered NOI to 80% and extending our weighted average maturity.”

FINANCIAL HIGHLIGHTS
Net Income
For the three months ended June 30, 2017 and 2016, net income attributable to common stockholders was $75.4 million, or $0.25 per
diluted share, and $64.5 million, or $0.21 per diluted share, respectively.
For the six months ended June 30, 2017 and 2016, net income attributable to common stockholders was $147.0 million, or $0.48 per diluted
share, and $124.9 million, or $0.42 per diluted share, respectively.

i

The following information was filed by Brixmor Property Group Inc. (BRX) on Monday, July 31, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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