Brixmor Property Group Inc. · NYSE:BRX
Brixmor Property — Merger or Acquisition (September 2026)
8 slides from Brixmor Property's merger presentation, Sep 28, 2026
Slide 1: Brixmor Property Group & Everview Partners to Acquire Slate Grocery REIT for $2.34 Billion
Brixmor Property Group & Everview Partners to Acquire Slate Grocery REIT for $2.34 Billion Brixmor to Acquire 23 Grocery-Anchored Shopping Centers in Existing Markets for $636 Million Capital Efficient Strategic Joint Venture with Everview Partners to Acquire an Additional 92 Centers for $1.71 Billi
Slide 2: Transaction Overview
Transaction Overview Brixmor to Acquire 23 Grocery-Anchored Shopping Centers Capital Efficient Strategic Joint Venture with Everview Structure & Timing (the “Brixmor Portfolio”) in Existing Markets for $636 Million Partners to Acquire an Additional 92 Centers for $1.71 Billion • Interim financing co
Slide 3: Strategic Rationale
Strategic Rationale Unique Opportunity to Accretively Acquire Strategically Consistent Assets at Scale in Capital Efficient Structure Adds Highly Complementary Assets to Brixmor’s Existing Portfolio Enhances Brixmor’s Visible Multi-Year Growth Profile • Aligns with Brixmor's value-add, open-air reta
Slide 4: Adds Highly Complementary Assets to Brixmor's Existing Portfolio
Strategic Rationale Adds Highly Complementary Assets to Brixmor’s Existing Portfolio Brixmor Brixmor Pro Forma for Brixmor At 6/30/2026 Portfolio Portfolio Atlanta, GA Properties 346 23 369 GLA (square feet) 63M 3M 66M Average shopping center 181K 142K 178K size (square feet) Percent leased 94.8% 95
Slide 5: Increases Exposure to Grocery-Anchored Centers in High-Conviction Markets
Strategic Rationale Increases Exposure to Grocery-Anchored Centers in High-Conviction Markets (Brixmor Portfolio) 100% Overlap with Brixmor Existing Portfolio Enhances Grocer Scale 87% 90% 40% 85% 84% 35% 85% 86% 30% 80% 81% 78% 82% 25% 75% 20% 16% 75% 14% 15% 70% 10% 65% 4% 5% 4% 5% 5% 2% 2% 60% 0%
Slide 6: Expands Brixmor's Existing ~$1B Reinvestment Pipeline
Strategic Rationale Expands Brixmor’s Existing ~$1B Reinvestment Pipeline ~$100M Initially identified reinvestment projects in the Brixmor Portfolio at yields consistent with Brixmor’s long-term track record ~$50M Grocery-anchored redevelopments Miami, FL – Existing Condition Located across Florid
Slide 7: Enhances Brixmor's Visible Multi-Year Growth Profile
Strategic Rationale Enhances Brixmor’s Visible Multi-Year Growth Profile Leverages Best-in-Class Lease Mark-to-Market Redevelopment Opportunities Capital Efficient Strategic JV Operating Platform • Significant embedded upside • ~$100 million of redevelopment and • Delivers operational scale with ~12
Slide 8: Forward Looking Statements
Forward Looking Statements This presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to our expectations regardi
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