Brixmor Property Group owns and manages about 360 retail centers across the United States. It leases space to national retailers, local businesses, and seasonal pop-up shops, generating rent from these leases. The centers range from large shopping centers to smaller, highly visible pad spaces, and the company emphasizes flexible leasing options to attract a diverse mix of tenants. Brixmor works by acquiring, developing, and managing properties and by partnering with entrepreneurs and businesses to revitalize underused assets and create vibrant retail environments. The company differentiates itself through its focus on community engagement, sustainable growth, and value creation from revamping existing assets rather than building new ones from scratch. Its goal is to breathe new value into underutilized assets and maintain attractive, valuable properties for tenants and surrounding communities.
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Company Size
201-500
Company Stage
IPO
Headquarters
New York City, New York
Founded
1985
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Brixmor closes $400 million term loan to help fund Slate acquisition. Published November 5, 2026 Claire Dubois Real Estate & REITs, AI Research Agent Brixmor Property Group announced on November 5, 2026 that its operating partnership, Brixmor Operating Partnership LP, had closed a $400 million unsecured delayed-draw term loan to help finance the pending Slate Grocery REIT acquisition, while also lowering interest-rate spreads on two existing facilities. The proceeds are intended to partially fund the Slate purchase and support other general corporate purposes, rather than being assigned entirely to the acquisition. The facility matures on February 15, 2031 and carries one twelve-month extension option. Initial interest is SOFR plus 80 basis points, based on the operating partnership's current credit ratings, with more favorable pricing available in certain circumstances when the company's leverage ratio meets defined targets. Because this is a delayed-draw facility, closing it does not mean the cash was immediately drawn. Chief Financial Officer Steve Gallagher had said on the October 2026 earnings call that the loan was expected to close in the fourth quarter and be drawn in conjunction with the Slate closing. The operating partnership also amended its existing $1.25 billion unsecured revolving credit facility and its existing $500 million term loan. The revolver's current applicable rate moved to SOFR plus 72.5 basis points from SOFR plus 77.5 basis points, while the existing term loan moved to SOFR plus 80 basis points from SOFR plus 85 basis points. Neither facility's size nor maturity changed, making this a repricing rather than an expansion or extension of those commitments. Slate acquisition funding. Brixmor and Everview Partners announced definitive agreements on September 28, 2026 to acquire Slate in a transaction valued at $2.34 billion, with closing expected in the first quarter of 2027 subject to Slate unitholder approval and other customary conditions. The transaction has no financing condition. Brixmor will effectively acquire 23 grocery-anchored shopping centers for $636 million, representing full ownership of 22 centers and a 50% interest in one. A joint venture will acquire the remaining 92 assets for $1.71 billion, with Brixmor holding a 20% common equity interest and Everview holding 80%. Brixmor will also invest approximately $174 million of preferred equity in the joint venture, carrying a 9% dividend. The directly acquired portfolio covers approximately three million square feet. Brixmor reported that it was approximately 96% leased and located entirely within its existing operating footprint, predominantly in Florida, Georgia and the Carolinas. The joint-venture portfolio covers approximately 12 million square feet, and Brixmor will serve as its asset manager, property manager and leasing representative. A September 2026 Form 8-K detailed Royal Bank of Canada's commitment to provide the full $988 million senior 364-day bridge facility. Brixmor planned to pay its share of the cash equity contribution and related fees and expenses from cash on hand and borrowings. It expected to replace some or all of the bridge before the Slate closing with other permanent debt or equity financing, but cautioned that completion of permanent financing was not assured. The new 2031 facility adds a longer-dated component, but the November 5 announcement does not state whether it changes the bridge commitment. Liquidity and leverage. At September 30, 2026, Brixmor's third-quarter results showed $1.5 billion of liquidity, excluding the commitment letter for senior unsecured term-loan financing available for Slate. Gallagher's breakdown comprised approximately $183 million of cash, availability under the revolver and approximately $115 million of anticipated proceeds under unsettled forward equity contracts. Net principal debt to adjusted EBITDA was 5.2 times on a current-quarter annualized basis and 5.3 times over the trailing twelve months. The company-defined ratio divides debt obligations adjusted for unamortized premiums or discounts and deferred financing fees, less cash, cash equivalents and restricted cash, by adjusted EBITDA, which excludes interest, taxes, depreciation, amortization and specified real-estate, debt-extinguishment and other items. Asset sales provide another potential funding source. Chief Investment Officer Mark Horgan said approximately $130 million of assets were under contract or in negotiations as part of Brixmor's capital-recycling activity, with preliminary discussions on additional assets. Gallagher said ultimate leverage would depend on transaction timing and funding requirements. The remaining mix of permanent debt, equity and asset-sale proceeds, together with the Slate closing timetable, will determine how the acquisition ultimately changes the leverage and liquidity position Brixmor reported at quarter-end. Claire Dubois is an AI-generated markets research agent at Securities.io, covering Real Estate & REITs and the public companies, market infrastructure and investable technologies shaping that field. Claire Dubois monitors rEITs, commercial and residential property, housing finance, mortgage markets, proptech, cap rates, occupancy and real-estate credit. Coverage follows a cash-flow focused, urban, cycle-aware perspective, prioritizing first-party announcements, company fundamentals, competitive positioning and developments with material relevance for investors. Articles authored by Claire Dubois are AI-generated and reviewed by Securities.io's editorial team to ensure factual accuracy, source quality and responsible coverage. Content is provided for educational purposes and does not constitute investment advice.
BRIXMOR PROPERTY GROUP closes $400 million unsecured Term Loan. Nov 05, 2026, 16:05 ET NEW YORK, Nov. 5, 2026 /PRNewswire/ - Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that its operating partnership, Brixmor Operating Partnership LP (the "Operating Partnership"), has closed on a new $400 million unsecured delayed-draw term loan facility (the "$400 million Term Loan Facility"). The $400 million Term Loan Facility matures on February 15, 2031, with one twelve-month extension option, and will initially bear interest at SOFR plus 80 basis points based on the Operating Partnership's current credit ratings and including the ability of the Company to obtain more favorable pricing in certain circumstances when the Company's leverage ratio meets defined targets. The Operating Partnership intends to use the proceeds from the $400 million Term Loan Facility to partially fund the previously announced acquisition of Slate Grocery REIT, as well as for other general corporate purposes. Wells Fargo Securities, LLC acted as sole bookrunner, and Wells Fargo Securities, LLC, PNC Capital Markets LLC, Royal Bank of Canada and U.S. Bank National Association acted as joint lead arrangers for the $400 million Term Loan Facility. Wells Fargo Bank, National Association acted as administrative agent, and PNC Bank, National Association, Royal Bank of Canada and U.S. Bank National Association acted as documentation agents. Additionally, the Operating Partnership amended its existing $1.25 billion unsecured revolving credit facility (the "Revolving Facility") and its existing $500 million term loan facility (the "Existing Term Loan Facility" and, together with the Revolving Facility, the "Facilities"). The current interest rates applicable to the Revolving Facility and Existing Term Loan Facility were effectively lowered to SOFR plus 72.5 basis points from SOFR plus 77.5 basis points and to SOFR plus 80 basis points from SOFR plus 85 basis points, respectively, based on the Operating Partnership's current credit ratings and including the ability of the Company to obtain more favorable pricing in certain circumstances when the Company's leverage ratio meets defined targets. The amendments did not change the size or maturity of the Facilities. CONNECT WITH BRIXMOR ABOUT BRIXMOR PROPERTY GROUP Brixmor (NYSE: BRX) owns and operates a high-quality, national portfolio of open-air shopping centers. The Company's 345 retail centers comprise approximately 62 million square feet of prime retail space in established trade areas (the "Portfolio"). Brixmor's properties reflect its vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a valued partner to a broad range of retailers, including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores. Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the "Investors" page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels. SAFE HARBOR LANGUAGE This press release 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 regarding the performance of our business, our financial results, our liquidity and capital resources, and other non-historical statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates," or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. We believe these factors include, but are not limited to, those described under the sections entitled "Forward-Looking Statements" and "Risk Factors" in our Form 10-K for the year ended December 31, 2025, and our Form 10-Q for the quarter ended September 30, 2026, as such factors may be updated from time to time in our periodic filings with the Securities and Exchange Commission (the "SEC"), which are accessible on the SEC's website at https://www.sec.gov. These factors include, but are not limited to: (1) changes in national, regional, and local economies, due to global events such as international geopolitical conflicts, international trade disputes, a foreign debt crisis, foreign currency volatility, or due to domestic issues, such as government policies and regulations, tariffs, energy prices, market dynamics, general economic contractions, ongoing levels of inflation and interest rates, unemployment, or limited growth in consumer income or spending; (2) local real estate market conditions, including an oversupply of space in, or a reduction in demand for, properties similar to those in our Portfolio; (3) competition from other available properties and e-commerce; (4) disruption and/or consolidation in the retail sector, the financial stability of our tenants, and the overall financial condition of large retailing companies, including their ability to pay rent and/or expense reimbursements that are due to us; (5) in the case of percentage rents, the sales volumes of our tenants; (6) increases in property operating expenses, including common area expenses, utilities, insurance, and real estate taxes, which are relatively inflexible and generally do not decrease if revenue or occupancy decrease; (7) increases in the costs to repair, renovate, and re-lease space; (8) earthquakes, wildfires, tornadoes, hurricanes, damage from rising sea levels due to climate change, other natural disasters, epidemics and/or pandemics, civil unrest, terrorist acts, or acts of war, any of which may result in uninsured or underinsured losses; (9) changes in laws and governmental regulations, including those governing usage, zoning, the environment, privacy, data security, intellectual property rights, and taxes; (10) cybersecurity incidents or other disruptions to information technology systems used by us, our tenants, or our vendors, which could compromise data or impair business operations; and (11) risks relating to the pending Slate Transaction, including the ability of us and the Everview JV to successfully and timely close the Slate Transaction, the risk we do not realize the expected benefits of the Slate Transaction or are subjected to unexpected liabilities and expenses, and the risk we are unable to successfully integrate the operations of the properties we are acquiring in the Slate Transaction or manage the Everview JV. Brixmor disclaims any obligation or undertaking to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. SOURCE Brixmor Property Group Inc.
Brixmor reports record occupancy, increases dividend. Brixmor Property Group reported record occupancy rates and increased its dividend following strong leasing momentum and portfolio growth. The blueprint: * Brixmor hits 95.6% total leased occupancy in Q3 * Brixmor raises quarterly dividend by 7.3% to $0.33 per share * Brixmor acquired Mayfair Shopping Center in Commack for $70 million * Brixmor plans $636 million grocery-anchored portfolio acquisition Brixmor Property Group set a new occupancy record in the third quarter and raised its dividend, according to the real estate investment trust's latest financial report. Brixmor increased its total leased occupancy to a record of 95.6% in Q3, boosting leased occupancy of anchors to 97%, and occupancy of small shop tenants to a record of 92.8%. The publicly traded REIT executed 1.6 million square feet of new and renewal leases in the third quarter, with rent spreads on comparable space of 25.3%, including new lease rent spreads on comparable space of 42.6% and renewal lease rent spreads on comparable space of 19.4%, the company reported. Brixmor reported year-to-date net income of $289.5 million, an increase over the $249.1 million net income in the same period of 2025. The company also reported $184.6 million in funds from operations (FFO) in the third quarter, an increase from the $172.2 million FFO it reported in Q3 2025. Brixmor is acquiring a 23-property grocery-anchored portfolio for about $636 million. It will also hold a 20% common equity interest and a $174 million preferred equity investment in a joint venture with Everview Partners that will acquire an additional 92 properties for about $1.71 billion. The transaction, expected to close in Q1 2027, is subject to closing conditions including approval by Slate Grocery REIT unitholders. "Our third quarter results were highlighted by continued leasing momentum, strong same property NOI growth, and record occupancy," Brian Finnegan, Brixmor CEO and president said in a company statement. "These results reinforce the strength of our operating platform, while the growth embedded in our signed but not yet commenced pipeline and reinvestment program provide exceptional visibility into future earnings and cash flow growth. We are excited to build on this momentum through the Slate transaction by expanding our opportunity set and creating additional avenues to drive long-term shareholder value." As a result of its third quarter performance, Brixmor raised its quarterly dividend by 7.3% to $0.33 per common share, which represents an annualized yield of about 4.7% as of October 23, 2026. Brixmor, which acquired the 24.23-acre, 221,612-square-foot Mayfair Shopping Center in Commack earlier this year for $70 million, now owns 14 centers on Long Island totaling more than 1.6 million square feet. The REIT has a portfolio of 345 retail centers totaling about 62 million square feet of retail space. About the reporter David Winzelberg covers real estate, development, land use, retailing, franchising and white-collar crime for Long Island Business News. An award-winning journalist who spent 20 years writing about Long Island for The New York Times, David's work has also appeared in The Atlantic magazine, Forbes.com and has been featured on CNBC's "American Greed." A former adjunct professor of journalism and former editor of a weekly community newspaper, David has hosted news programs for WLIW-TV and is a frequent speaker at area business events. His news reporting, features and investigations have been recognized by several organizations, including the New York Press Association, the Press Club of Long Island, and the Fair Media Council, which also honored him with a Lifetime Achievement Award. He can reached via email at [email protected] or at (631) 913-4247... [email protected].
Stifel Nicolaus issues pessimistic forecast for Brixmor Property Group (NYSE:BRX) stock price. October 27, 2026 Key points. * Stifel Nicolaus lowered Brixmor Property Group's price target from $32.00 to $30.50 and maintained a "hold" rating, implying approximately 5.82% upside from the current price. * Analyst sentiment remains generally positive, with a consensus "Moderate Buy" rating and an average target price of $33.14; ratings include two Strong Buys, nine Buys, and three Holds. * Brixmor reported quarterly EPS of $0.28, missing the $0.59 consensus estimate, although revenue of $359.6 million exceeded expectations and increased 5.5% year over year. * Get every upgrade, downgrade, and earnings report on Brixmor Property Group as it happens. Lock in MarketBeat All Access for $149 a year through October 30. Brixmor Property Group (NYSE:BRX - Get Free Report) had its price objective reduced by Stifel Nicolaus from $32.00 to $30.50 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has a "hold" rating on the real estate investment trust's stock. Stifel Nicolaus's target price indicates a potential upside of 5.82% from the stock's current price. Other analysts have also issued reports about the company. Truist Financial started coverage on Brixmor Property Group in a research note on Friday, October 2nd. They set a "buy" rating and a $31.00 price target on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Brixmor Property Group in a research note on Friday, July 31st. Wells Fargo & Company upgraded shares of Brixmor Property Group to a "hold" rating in a research report on Thursday, July 23rd. Citigroup boosted their target price on shares of Brixmor Property Group from $31.00 to $34.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Finally, Piper Sandler reduced their target price on shares of Brixmor Property Group from $40.00 to $36.00 and set an "overweight" rating on the stock in a report on Monday, October 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, Brixmor Property Group presently has an average rating of "Moderate Buy" and a consensus target price of $33.14. Brixmor Property Group price performance. Brixmor Property Group stock traded up $0.70 during midday trading on Tuesday, reaching $28.82. The company's stock had a trading volume of 926,967 shares, compared to its average volume of 2,734,893. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.76. The stock has a market cap of $8.84 billion, a PE ratio of 20.58, a price-to-earnings-growth ratio of 2.18 and a beta of 0.97. Brixmor Property Group has a 52 week low of $24.66 and a 52 week high of $32.86. The business has a 50-day moving average price of $28.30 and a 200-day moving average price of $29.46. Discover more MarketBeat All Access MarketBeat Research Tools Brixmor Property Group (NYSE:BRX - Get Free Report) last posted its earnings results on Monday, October 26th. The real estate investment trust reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.31). Brixmor Property Group had a return on equity of 14.38% and a net margin of 30.82%. The company had revenue of $359.60 million during the quarter, compared to the consensus estimate of $357.28 million. During the same period last year, the company posted $0.56 EPS. The firm's revenue was up 5.5% compared to the same quarter last year. On average, sell-side analysts predict that Brixmor Property Group will post 2.36 EPS for the current year. Institutional trading of Brixmor Property Group. Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Brixmor Property Group in the second quarter valued at $1,265,950,000. Canada Pension Plan Investment Board bought a new stake in shares of Brixmor Property Group during the second quarter worth about $180,406,000. Principal Financial Group Inc. increased its position in shares of Brixmor Property Group by 686.1% during the first quarter. Principal Financial Group Inc. now owns 5,176,486 shares of the real estate investment trust's stock worth $149,083,000 after acquiring an additional 4,518,001 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Brixmor Property Group by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 4,790,090 shares of the real estate investment trust's stock worth $137,955,000 after acquiring an additional 64,449 shares in the last quarter. Finally, Deutsche Bank AG acquired a new stake in shares of Brixmor Property Group in the 2nd quarter worth about $122,922,000. Institutional investors and hedge funds own 98.43% of the company's stock. About Brixmor Property Group. Brixmor Property Group Inc NYSE: BRX is a real estate investment trust that owns and operates open-air shopping centers across the United States. Its portfolio is primarily focused on grocery-anchored community and neighborhood centers located in established, densely populated markets. The company leases retail space to a diverse mix of tenants, including grocery stores, restaurants, service businesses, health and wellness providers, and other essential retailers. Brixmor also manages property operations and pursues redevelopment, re-tenanting, and leasing initiatives designed to enhance the functionality and long-term value of its shopping centers. Brixmor became a publicly traded company in 2013 after being separated from an ownership structure associated with Blackstone. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Brixmor Property Group, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Brixmor Property Group wasn't on the list. While Brixmor Property Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you'll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America. Continue following MarketBeat
Goldman Sachs cut target for Brixmor Property Group stock to USD 33. Published on 10/20/2026 at 18:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Results are set for October 26, 2026. Brixmor Property Group stock costs EUR 24.60 on October 20, 2026, up 1.65 percent versus the Frankfurt close. Target revision and price. * Goldman Sachs cut its Brixmor target to USD 33.00 from USD 38.00 on October 7, 2026. * Brixmor is scheduled to report third-quarter 2026 results on October 26, 2026. * Brixmor Property Group stock costs EUR 24.60 at Lang & Schwarz on October 20, 2026 at 6:47 p.m. CEST, 1.65 percent above the Frankfurt close of October 20, 2026. Goldman Sachs cut its Brixmor Property Group target to USD 33.00 from USD 38.00 on October 7, 2026, while keeping a Buy rating, according to Markets Insider. The new target is 19.13 percent above the USD 27.70 NYSE price at 12:57 p.m. ET on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 24.60 on October 20, 2026 at 6:47 p.m. CEST, up 1.65 percent versus the Frankfurt close of October 20, 2026 at EUR 24.20. Discover more Manage Rentals Hire M&A Advisors Read Company News Revenue growth meets an earnings test. Brixmor's second-quarter 2026 revenue reached USD 354.20 million, up 4.30 percent from the prior-year quarter, while diluted earnings per share came to USD 0.24. The earnings figure was below the USD 0.58 consensus cited by MarketBeat in its October 9, 2026 report. For the full 2026 fiscal year, management guidance is USD 2.350 to USD 2.370 in earnings per share. Stock sits below its yearly high. The USD 27.70 NYSE price at 12:57 p.m. ET was 15.70 percent below the 52-week high of USD 32.86 and 12.32 percent above the 52-week low of USD 24.66. Brixmor's market capitalization was USD 8.5 billion, and its price-to-earnings ratio was 19.78 on October 20, 2026. The company operates 346 open-air shopping centers spanning approximately 63 million square feet, according to Brixmor. Valuation and the next date. Brixmor's investor-relations calendar lists the third-quarter 2026 earnings conference call for October 27, 2026 at 10:00 a.m. ET, after the results are expected on October 26, 2026, according to Brixmor. The quarterly dividend is USD 0.3075 per share, representing a 4.50 percent annualized yield, as reported by MarketBeat on October 19, 2026. Comparison with peers. * Brixmor Property Group: up 1.65 percent, price-to-earnings ratio 19.78, market capitalization USD 8.5 billion. * Simon Property Group (NYSE, USD): up 1.63 percent, price-to-earnings ratio 14.55, market capitalization USD 66.6 billion. * Kimco Realty (NYSE, USD): up 1.21 percent, price-to-earnings ratio 25.79, market capitalization USD 15.4 billion. What the target revision changes. The Goldman target cut leaves a wider gap between the analyst view and the latest US quotation, while the upcoming results provide the next test for revenue growth and earnings guidance. The Frankfurt euro quote and the New York price point to the same investor question: whether operating growth can offset financing and valuation pressure. The further course of trading is shown by the continuously updated real-time quote of Brixmor Property Group stock. Brixmor Property Group key data. * Company: Brixmor Property Group Inc. * ISIN: US11120U1051 * WKN: A1W514 * Ticker: BRX * Primary exchange: NYSE * Price Lang & Schwarz (as of October 20, 2026, 6:47 p.m. CEST): EUR 24.60 * Change versus Frankfurt close: plus 1.65 percent * Frankfurt close (October 20, 2026): EUR 24.20 * Market capitalization: USD 8.5 billion (as of October 20, 2026) * 52-week range: USD 24.66-32.86 (as of October 20, 2026) * Sector / Industry: Real Estate / Retail REIT * Index membership: S&P MidCap 400 * Next earnings date: October 26, 2026 Discover more Invest in REITs Find Office Space Hire Realtors Sponsored Ad Brixmor Property stock: new analysis - 24 October. Fresh Brixmor Property information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | US11120U1051 | BRX | boerse | 70376330 | bgmi
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Industries
Company Size
201-500
Company Stage
IPO
Headquarters
New York City, New York
Founded
1985
Find jobs on Simplify and start your career today
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