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 2018 RESULTS
- Delivering on All Facets of Balanced Business Plan -

NEW YORK, JULY 30, 2018 -
Brixmor Property Group Inc. (NYSE: BRX) (“Brixmor” or the “Company”) announced today its operating results for the three and six months ended June 30, 2018. For the three months ended June 30, 2018 and 2017, net income attributable to common stockholders was $0.26 per diluted share and $0.25 per diluted share, respectively.

Key highlights for the three months ended June 30, 2018 include:
Executed 2.1 million square feet of new and renewal leases at comparable rent spreads of 14.3%, including 1.0 million square feet of new leases at comparable rent spreads of 28.7%
Executed 3.4 million square feet of total leasing volume, including options, at comparable rent spreads of 11.2%
Increased total leased occupancy to 92.5%, driven primarily by a 70 basis points sequential improvement in small shop occupancy to 85.1%
Reported widest leased to billed total occupancy spread since IPO of 310 basis points
Generated same property NOI growth of 1.4%
Grew total in process reinvestment pipeline to $329.5 million, adding $44.6 million of pre-leased projects at an average expected incremental NOI yield of 13%, including the first phase of a major redevelopment at Wynnewood Village in Dallas, Texas
Closed on $216.5 million of dispositions, including four assets totaling $77.2 million closed subsequent to quarter end, with more than $350.0 million of additional dispositions under contract
Acquired two adjacencies at existing centers for $7.3 million, repurchased $3.5 million of common stock and repaid all remaining 2018 scheduled debt maturities
Affirmed previously provided NAREIT FFO per diluted share and same property NOI growth expectations for 2018

“I’m very pleased to report that we continue to execute on all facets of our balanced plan for growth by delivering sector leading leasing volumes and spreads, growing our value enhancing reinvestment pipeline and accelerating capital recycling of non-core assets at attractive pricing, while maintaining outstanding capital flexibility,” commented James Taylor, Chief Executive Officer and President. “We are clearly delivering value now.”

FINANCIAL HIGHLIGHTS
Net Income
For the three months ended June 30, 2018 and 2017, net income attributable to common stockholders was $80.4 million, or $0.26 per diluted share, and $75.4 million, or $0.25 per diluted share, respectively.
For the six months ended June 30, 2018 and 2017, net income attributable to common stockholders was $141.4 million, or $0.47 per diluted share, and $147.0 million, or $0.48 per diluted share, respectively.



i

The following information was filed by Brixmor Property Group Inc. (BRX) on Monday, July 30, 2018 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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