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 THIRD QUARTER 2017 RESULTS
- Continues to Deliver Strong Leasing Volumes -
- Achieves Record New Lease ABR PSF of $16.89 -

NEW YORK, OCTOBER 30, 2017 -
Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today its operating results for the three and nine months ended September 30, 2017. For the three months ended September 30, 2017 and 2016, net income attributable to common stockholders was $0.27 per diluted share and $0.19 per diluted share, respectively.

Key highlights for the three months ended September 30, 2017 include:
Executed 3.4 million square feet of total leasing volume, including options, at comparable rent spreads of 10.2%
Executed 2.1 million square feet of new and renewal leases at comparable rent spreads of 12.7%, including 0.7 million square feet of new
leases at comparable rent spreads of 20.7%
Achieved new lease ABR PSF of $16.89, highest since IPO
Realized total leased occupancy of 91.6% and small shop leased occupancy of 84.4%, both negatively impacted on a sequential basis by the Payless ShoeSource and rue21 bankruptcies
Generated same property NOI growth of 1.5%
Grew FFO per diluted share 3.0% year-over-year, excluding non-cash GAAP rental adjustments and lease termination fees
Completed $191.0 million of dispositions ($140 million at share) in nine separate transactions
Entered into a $300.0 million seven-year unsecured term loan
Increased quarterly dividend by 5.8% to $0.275 per common share, which represents an expected annualized yield of 6.1%

“Our results for the third quarter highlight continued strong demand for our well-located shopping centers and our ability to capitalize on retailer disruption to accretively upgrade the merchandising and relevancy of our centers. Our in process and shadow redevelopment pipelines continue to grow as we identify additional opportunities for value added reinvestment throughout the portfolio and accelerate the pace of execution. Importantly, we have confidence in the volume and rent levels of our forward leasing pipeline, which is comprised of 3 million square feet of leases," commented James Taylor, Chief Executive Officer and President. "In addition, during the quarter, we successfully increased our disposition pipeline, reflecting our commitment to harvesting net asset value through prudent capital recycling.”

FINANCIAL HIGHLIGHTS
Net Income
For the three months ended September 30, 2017 and 2016, net income attributable to common stockholders was $83.4 million, or $0.27 per
diluted share, and $57.5 million, or $0.19 per diluted share, respectively.

i

The following information was filed by Brixmor Property Group Inc. (BRX) on Monday, October 30, 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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