JPMorgan Analyst's questions to Brixmor Property Group Inc (BRX) leadership • Q1 2025
Question
A JPMorgan analyst asked if lease termination income is expected to normalize for the rest of the year and also sought confirmation that previously discussed G&A savings are still anticipated.
Answer
CFO Steve Gallagher explained that future lease termination fees are opportunistic and depend on backfill demand and tenant credit. CEO Jim Taylor confirmed that the company does continue to expect to realize the benefits from its regional realignment initiative, which will impact G&A.