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Shopping Center Owner Brixmor Trims Portfolio With $110.5 Million in Recent Sales

Retail REIT Halts Buying Spree Started Earlier in the Year

Brixmor Property Group sold the Valley Crossing shopping center in Hickory, North Carolina, for $20.7 million. (CoStar)
Brixmor Property Group sold the Valley Crossing shopping center in Hickory, North Carolina, for $20.7 million. (CoStar)

Retail landlord Brixmor Property Group sold five shopping centers and four partial properties for $110.5 million during and after the end of the third quarter as it continued to shed smaller sites and noncore holdings. The company has also paused its buying spree started earlier this year.

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