Brixmor Property Group Names Barry Lefkowitz Interim Chief Financial Officer

16 Feb, 2016, 08:00 ET from Brixmor Property Group Inc.

NEW YORK, Feb. 16, 2016 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today that it has named Barry Lefkowitz, former Chief Financial Officer of Mack-Cali Realty Corporation, a NYSE-listed real estate investment trust, as Interim Chief Financial Officer, effective immediately.  

Mr. Barry Lefkowitz is currently the President and Chief Executive Officer of Huntington Road Advisors LLC, a real estate investment and advisory firm. Mr. Lefkowitz previously served as the Chief Financial Officer of Mack-Cali Realty Corporation from 1996 to 2014.  During his tenure as Chief Financial Officer he was responsible for overseeing the company's investor relations activities as well as their strategic financial planning and forecasting, financial accounting and reporting, and capital markets activities.  Additionally, Mr. Lefkowitz led the company's property management and asset management operations beginning in 2004. Mr. Lefkowitz served as a Vice President at Mack-Cali Realty Corporation from 1994 to 1997.  Prior to joining Mack-Cali Realty Corporation, he served as a Senior Manager at Deloitte LLP, specializing in real estate.  Mr. Lefkowitz is a Member of the American Institute of Certified Public Accountants.

About Brixmor Property Group Brixmor owns and operates the nation's largest wholly owned portfolio of grocery-anchored community and neighborhood shopping centers, with 518 properties aggregating approximately 87 million square feet of gross leasable area located primarily across the top 50 U.S. metro markets.  Brixmor leverages its national footprint, local market knowledge and operational expertise to support the growth of its retail tenants. The Company is focused on maximizing the value of its portfolio through its ongoing "Raising the Bar" program which involves strategic leasing and anchor space repositioning / redevelopment initiatives.  Headquartered in New York City, the Company is the largest landlord to The TJX Companies and The Kroger Company. 

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 the Company's expectations regarding the performance of its business, its financial results, its 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," "approximately," "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, including those described under the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2014, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov.  Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

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SOURCE Brixmor Property Group Inc.



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