What We Buy
Brixton focuses on multi-tenant anchored retail centers anchored by grocers and other necessity-based tenants. These businesses are both economically resilient and e-commerce resistant.
Neighborhood Centers
(30K–125K SF)Target cap rate: ~6.25% | Trade area: 1–3 miles
Necessity-oriented centers, typically anchored by a supermarket. We look for dense residential infill locations with strong anchor sales and high building visibility.
Community Centers
(125K–350K SF) Target cap rate: ~7.00% | Trade area: 3–5 miles
Larger centers offering a wider range of general merchandise and convenience-oriented tenants. Key criteria include proximity to high-traffic intersections and highways, strong anchor sales, and separated building pads.
Power Centers
(250K–600K SF) Target cap rate: ~7.50% | Trade area: 5–10 miles
Large-format centers with category-dominant anchors like discount department stores, wholesale clubs, and national credit tenants. We target regional locations with freeway access and low box-market vacancy.
Where We Buy
Brixton has historically focused on primary western and southwestern U.S. markets with strong population growth, job creation, and favorable income demographics. We are targeting expansion into select Texas and southeastern markets that share these same characteristics.
Adding Value at Every Stage of Ownership
Relationship-Based Leasing
Our in-house leasing team maintains direct relationships with national and regional tenants across grocery, QSR, discretionary, and non-discretionary retail categories. This enables faster lease-up, better economics, and higher renewal rates.
Mark-to-Market Rent Growth
We identify and systematically close the gap between below-market in-place rents and achievable market rates through strategic lease renewals and re-tenanting.
Capital Improvements
Targeted, high-ROI capital investments like façade upgrades, parking lot improvements, LED lighting, EV charging, and amenity enhancements elevate the center’s appeal and tenant performance.
Ancillary Revenue Streams
We actively pursue additional income through EV charging stations, pylon signage fees, pop-up activations, short-term rentals, and monetization of common areas and parking.
Operational Efficiency
Bundled service contracts, smart irrigation, solar, and AI-enabled tenant management tools reduce operating expenses and protect NOI.
Interested in Retail Real Estate Investing?
Speak with our investments team to learn more about Brixton’s retail strategy and current pipeline.