Brixmor Property Group Inc. recently shared a presentation highlighting positive traffic trends and opportunities arising from retailer disruption. In April, Brixmor's total traffic increased by approximately 8% year-over-year, outperforming its peers and the broader retail industry. The company is capitalizing on a supply-constrained environment by transforming its portfolio, forming national tenant partnerships, and quickly re-leasing space. Approximately 75% of recently recaptured bankruptcy space has been resolved at spreads over 40%. The presentation also notes robust demand from grocers and restaurants, with established retailers seeking to expand using new prototypes. Brixmor continues to purposefully lease to better tenants at improved rents, with about 81% of its Annual Base Rent $(ABR)$ coming from grocery-anchored centers. You can access the full presentation through the link below.