Brixmor Seeing Continued Consumer Traffic, Tenant Growth

Brixmor Property Group reported upbeat second quarter sales this week, seeing strong leasing spreads, record small shop occupancy, and more. Analysts from Evercore ISI and Stifel raised their forecasts on the company after earnings results. CEO Brian Finnegan joins Bloomberg Businessweek Daily to discuss, saying consumer traffic remains high, up around 10% since pre-COVID, which equates to strong tenant growth as well. He also discusses the state of consumer spending, the benefits seen by Brixmor's open-air shopping center locations, and more. Finnegan speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)