Blackstone files IPO for shopping center unit Brixmor

07/18/2013 | Bloomberg

Blackstone Group LP hopes to raise as much as $100 million with an initial public offering of its Brixmor Property Group unit. Brixmor, with 522 shopping centers with 87 million square feet of space, is the second-largest U.S. shopping-center landlord. Blackstone did not disclose how many shares Brixmor will sell or the price it will seek.

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