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Blackstone Real Estate affiliates launch secondary Brixmor stock offering

Certain Blackstone Real Estate Partners affiliates initiateda secondary offering of 20.0 million shares of Brixmor Property Group Inc.'s common stock.

Based on the company's April 28 closing stock price of $25.77per share, the offering by the selling stockholders represents gross proceeds of$515.4 million.

Brixmor will not receive any proceeds from the offering.

Barclays Capital Inc. is acting as the offering's sole underwriter.