Brixmor insiders selling 25M shares

Certain selling stockholders associated with Blackstone Real Estate Partners are parting with 25M shares in a secondary offering, with the underwriters being given the option to buy another 3.75M shares off of them. Brixmor (BRX) will receive none of the proceeds.

The sale comes seven months after the IPO and one month after the lockup period expired.

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