1.1M square feet of new leases signed at Brixmor

|About: Brixmor Property Group Inc. (BRX)|By:, SA News Editor

Q2 FFO of $140.1M or $0.46 per share vs. $125.9M and $0.41 one year ago. 2013 FFO includes $1.7M or $0.01 per share cost related to early prepayment of debt. Dividend of $0.20.

Percent of properties leased of 92.5% up 90 bps from a year ago.

Total square footage of new signed leases of 1.094M up 15.3%.

Total rent spread of 11.2% up 280 bps.

New lease rent spread of 27.3% up 460 bps.

Same-property NOI up 3.8% for the quarter.

Conference call tomorrow at 1 ET

BRX flat AH

Previously: Brixmor Property beats by $0.01, beats on revenue

This was corrected on 08/05/2014 at 07:56 PM. Original post incorrectly attributed the $1.7M prepayment penalty to 2014 FFO.