The Importance of Maintaining Focus on Your Real Estate Business Model: Interview with Brixmor CEO, Michael Carroll
Michael Carroll, CEO of Brixmor was a very engaging and polished interview for me at the ICSC Recon in Las Vegas in May 2014. That shouldn’t have been very surprising, considering that he is the CEO of the largest owner of wholly owned grocery anchored centers in the United States.
Blackstone Group, which purchased the remaining portfolio of 585 shopping centers from Centro Properties Group, an Australian property trust in 2011 for approximately 9 billion dollars, took Brixmor public in October 2013 raising about 825 million.
For such an important position, Michael was pretty easy talking.
Michael maintains that there is a big upside to grocery anchored shopping centers and it’s a great time to be a shopping center landlord.
This was not a stuffy interview and gives a brief idea on where the grocery anchored shopping centers are.
Finally, why didn’t anyone mention how well my bow tie looked next to their sign. Very color coordinated.