---
schema_version: "secwatch.filing_event.v1"
accession: "0001581068-23-000048"
form_type: "8-K"
ticker: "BRX"
cik: "0001581068"
company_name: "Brixmor Property Group Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:01:44.932744+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Brixmor Q2 2023 FFO $0.52, same property NOI +2.7%; raises full-year guidance

## Summary
- Net income $0.19/diluted share vs $0.29 YoY; Nareit FFO $0.52 vs $0.49.
- Total leased occupancy record 94.1%; rent spreads on comparable space 15.4%.
- 2023 Nareit FFO guidance raised to $1.99-$2.04 from $1.97-$2.04; same property NOI growth raised to 2.5%-3.5%.
- Repurchased $199.6M of 3.650% Senior Notes due 2024; funded with $200M term loan at fixed 3.59%.
- Appointed John Peter Suarez (retired Walmart EVP) to board.

## SEC filing metadata
- accession: 0001581068-23-000048
- form_type: 8-K
- ticker: BRX
- cik: 0001581068
- company_name: Brixmor Property Group Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581068/000158106823000048/0001581068-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581068/000158106823000048/brx-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001581068-23-000048
- JSON: https://secwatch.observer/filing/0001581068-23-000048.json
- Plain text: https://secwatch.observer/filing/0001581068-23-000048.txt

## Key facts
- Earnings Releases
  Brixmor Property Group Inc. reported the three and six months ended June 30, 2023 results: net income $0.19 per diluted share. Guidance reaffirmed.
  - Period: the three and six months ended June 30, 2023
  - Net income: $0.19 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: its operating results for the three and six months ended June 30, 2023. For the three months ended June 30, 2023 and 2022, net income was $0.19 per diluted share and $0.29 per diluted share, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581068/000158106823000048/0001581068-23-000048-index.htm
- Executive change
  John Peter Suarez was appointed as Director at Brixmor Property Group Inc..
  - Action: appointed
  - Role: Director
  source text: On July 31, 2023, the Board of Directors (the “Board”) of the Company appointed John Peter (“JP”) Suarez to the Board of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581068/000158106823000048/0001581068-23-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.