Brixmor Property Group: Your Partner for Retail Real Estate in NYC

Brixmor Property Group Introduce

In a city defined by its vibrant commercial corridors and bustling streetscapes, the retail real estate market is the engine of neighborhood commerce. From large-scale shopping centers to small pop-up shops, the places where New Yorkers shop and gather are key to a community's vitality. For businesses looking to secure a prime retail location, a partner with extensive experience in property ownership and management is essential. Brixmor Property Group, a prominent name in the commercial real estate world, focuses specifically on the ownership and operation of open-air shopping centers. This specialization allows them to provide a unique and focused service to retailers and businesses seeking a home in a thriving retail environment. This article will provide a clear, factual overview of Brixmor Property Group, its New York presence, and the services it offers to help businesses find their next great space.

Based on publicly available information and customer feedback, we will explore Brixmor's role as a commercial real estate agency and property management company. We'll delve into the specific types of spaces they offer and discuss some of the different experiences tenants have had, providing a balanced and informative perspective for local users.

Brixmor Property Group's corporate office is located at 100 Park Ave Suite 600N, New York, NY 10017, USA. This address places it in a highly prestigious and accessible part of Midtown Manhattan, directly across from Grand Central Terminal. The location is a hub of professional activity, surrounded by some of the city's most significant business addresses and providing easy access for clients from all over the New York metropolitan area. With Grand Central as a neighbor, the office is served by a multitude of subway lines, as well as the Metro-North Railroad, making it a convenient meeting point for clients commuting from different boroughs and the surrounding suburbs.

A significant and practical feature of the building at 100 Park Ave is its wheelchair-accessible entrance, ensuring that all visitors can easily and safely access the facilities. This commitment to accessibility reflects a modern and inclusive approach to business. The professional setting of the office and its central location on Park Avenue underscore the firm's prominence and seriousness within the commercial real estate sector.

Brixmor Property Group primarily operates as a commercial real estate agency and property management company specializing in open-air shopping centers. Their services are designed to support a wide range of retail businesses, from established national brands to local entrepreneurs.

Commercial Real Estate Agency
As a commercial real estate agency, Brixmor assists businesses in finding and leasing prime retail spaces. Their portfolio includes a vast network of open-air shopping centers, providing a variety of options for retailers looking for a storefront in a high-traffic location. They offer spaces for permanent lease as well as short-term pop-up shops, catering to different business models.
Property Management Company
Brixmor is a large-scale property management company. This involves day-to-day management of their shopping centers, including property maintenance, tenant relations, and ensuring the overall success and vibrancy of the retail environment. They work with both large national retailers and smaller local businesses to create a dynamic mix that serves the community.
Leasing Services
The group offers leasing opportunities for various types of retail spaces, including in-line storefronts, pop-up shop locations, and outparcels or pad sites. These services are geared towards helping entrepreneurs and established businesses find the perfect spot to start or grow their operations.
Re/Development Properties
Brixmor also engages in the re/development of its properties, taking on projects to breathe new life into underused assets. This includes making modern aesthetic improvements, reconfiguring spaces to accommodate new tenants, and enhancing the overall customer experience in their centers.

Brixmor Property Group’s position in the market is characterized by a few key features. As a large-scale owner and operator, they offer a different experience than a traditional real estate brokerage.

Specialization in Open-Air Shopping Centers:
Brixmor's primary focus is on owning and managing a large national portfolio of open-air shopping centers. This specialization means they have a deep understanding of the retail environment and the needs of both tenants and the communities they serve. This focused approach allows them to match businesses to locations where they are most likely to thrive.
Direct Owner and Manager:
Unlike a broker who facilitates a transaction between a landlord and a tenant, Brixmor is the direct owner and manager of its properties. This can lead to a more streamlined process and a clear line of communication, as highlighted by a positive review that praises a property manager's clear vision and organization.
Tenant and Landlord Experience:
Customer reviews offer a mixed perspective on the tenant experience. While one review praises a property manager for being "fantastic" and "clearly ha the tenants best interest in mind," another review from a tenant describes a negative experience, alleging that the group leases "non-code compliant spaces" and shifts blame onto tenants. This feedback suggests that while some clients have very positive interactions, others may face challenges, highlighting the importance of thorough due diligence and clear communication in any lease agreement.
Commitment to Community and Development:
Public information from the company indicates a focus on being "the center of the communities we serve." They state that they reinvest in their assets to enhance their community connectivity and engage in projects that reflect the needs of their surrounding areas. This approach can be a significant benefit for businesses looking to be part of a vibrant and well-managed retail center.

For businesses or individuals interested in leasing a property or learning more about Brixmor Property Group, you can use the following contact information:

Address: 100 Park Ave Suite 600N, New York, NY 10017, USA

Phone: (800) 468-7526

Mobile Phone: +1 800-468-7526

For businesses seeking a retail space in New York, Brixmor Property Group presents a unique opportunity to lease directly from an owner-operator with a large portfolio of open-air shopping centers. Their specialization in this niche can be a great advantage for retailers who want to be part of a professionally managed and community-focused environment. The company's commitment to redeveloping properties and providing a range of leasing options, from temporary pop-ups to long-term storefronts, offers valuable flexibility for businesses at different stages. However, as with any major real estate partnership, it is wise for prospective tenants to conduct thorough research, ask specific questions about property conditions and responsibilities, and ensure that all agreements are clearly documented. This proactive approach will help ensure a positive and successful relationship, allowing you to fully benefit from the opportunities that Brixmor's extensive portfolio of properties can provide in the New York region.

Brixmor Property Group Details

Accessibility
Wheelchair accessible entrance

Brixmor Property Group Photos

Brixmor Property Group Location

Brixmor Property Group

New York New York County New York Park Avenue

100 Park Ave Suite 600N, New York, NY 10017, USA

Brixmor Property Group Reviews

An average rating of ★2.1 from 10 user reviews.

leaserentcompany

★ 5★ 4★ 3★ 2★ 1

This property group leases non code compliant spaces and then tries to blame it on the tenants. - Have factual evidence to back this up. They only offer to fix if you renew a lease.We offered to fix the stairs (their code failures) if they reimbursed our TA). They refused - we have emails. Saying stairs are not their responsibility - even though you have emails from them and a broker signed statement saying they said the space was move in ready. It in fact, was not.
July 26 · Michael Zambrowicz
Nicole R. is a fantastic property manager to work with in the Wisconsin region! She is clear about expressing her vision and the projects she would like to bring to life for her properties. She clearly has the tenants best interest in mind and wants to help everyone be successful with attracting more business by adding a modern curb appeal. Nicole's organization and positive attitude are just a few of the great qualities that made working with her a great success. DeLuca and Hartman highly recommend working with Brixmor Property Group
December 02 · Kelly Schuett
As not only a tenant, but an shareholder as well, I am thouroughly disgusted at how Brixmor is treating it's tenants during this COVID-19 pandemic. Their only allowance to their tenants who were MANDATED to shut down for being non-essential is to not charge late fees for the 2 months of non-payment during COVID shutdown. I honestly am just flabbergasted that despite this being a world-wide pandemic that forced the closure of most retailers, BRIXMOR’s only offering is to waive late fees? All non-essential businesses were REQUIRED to shutdown and loose 2 months of revenues with no way to recoup that loss. And even when we were allowed to re-open the reality is that people are not out shopping because their personal safety is still a MAJOR concern and we are STILL under a state of emergency. This is COMPLETELY out of our control. The federal government has at least set up programs to help fund the reopening of businesses allowing them to pay their bills/payroll during this reopening period because they know being open doesn’t mean a return to normal or even adequate revenues. Businesses that were forced to shutdown have no way of expecting their customers to “pay back” the amount of money they would have spent during the shutdown period. The government is not giving away “free” money to cover the lost revenues during this MANDATORY and unprecedented shut down. What I find most flabbergasting about this whole thing is that we (small businesses that make little to nothing a year, while many owners like myself work tirelessly all year without taking an income) are all facing this horrible realization that we must eat a 2 month loss in revenues but BRIXMOR, a company that profits hundreds of millions every year, and currently worth BILLIONS, feels that they shouldn’t face the same reality and consequence of this worldwide COVID pandemic?!! This really just says to me as a tenant that BRIXMOR truly does not care AT ALL about the small businesses they lease to, or even the health and safety of the people employed by these small businesses! ESPECIALLY when other large leasing companies, such as PUBLIX, have made public declarations to completely waive 2 months of rent for their tenants that were considered non-essential! More specifically “waiving rent for two months, as well as waiving payments for common area maintenance fees and taxes, regardless of the tenant’s access to other relief or assistance”. Now that type of action shows that their FIRST priority was not money, but rather the health and safety of both their businesses and those employed by those businesses.
July 16 · Shannon Hume
Brixmor is keeping us and three other tenants from getting a much needed internet service upgrade, by refusing to sign an access agreement that corporate office had already negotiated with the service provider. instead the local Brixmor office wants the ISP to sign a agreement saying the ISP will pay $5000. the ISP will not sign it, so we are suffering. this is the most petty & greedy company I've ever had to work with.
March 29 · David Seiberling
Brixmor is by far the WORST real estate company I have ever dealt with. DO NOT rent within their properties. They are extortionists. They do not honor their leases and extort money at the end of your lease. Read the fine print. They do not even try to hide it. Please do not lease anything from this unethical company.
April 28 · Linda Foster