Monday, July 31, 2017
Brixmor Property Group - Property Acquisition and Development
Now serving as the chairman of Exeter Capital LLC, in Lutherville, Maryland, Anthony W. Deering has been managing businesses for over 40 years. Leveraging this experience, Anthony W. Deering is also a director for the Brixmor Property Group.
Headquartered in New York City, the Brixmor Property Group is a real estate investment trust company that acquires and manages properties across the country. The Brixmor Group is very specific about the types of properties it purchases and maintains strict requirements when making offers on real estate assets.
For Brixmor to consider a property, it must be located in a densely populated market area and possess the ability to increase in value through redevelopment or expansion. The property must also have a high-volume grocer that anchors the property as well as being in close proximity to other properties owned by Brixmor. Properties must also have either a single retail shop with a minimum of 75,000 square feet or be part of a portfolio of shops of a similar size.