Shopping center real estate investment trust Brixmor Property Group Inc. received roughly $139.3 million in gross proceeds from the sale of 10 assets in the second quarter.
The company also prepaid $135.0 million of its tranche A term loan and has no remaining scheduled debt maturities in 2018.
In addition, Brixmor purchased land adjacent to an existing center and ended a ground lease and purchased the linked building at an existing center for an aggregate $7.3 million.