NEW YORK CITY-The Blackstone Group has filed paperwork to launch an initial public offering for its Brixmor Property Group unit, the shopping center operator it formed after acquiring Centro Properties Group‘s US assets for $9 billion in 2011. Pricing for the IPO, which has not yet been declared effective by the SEC, was not specified; Brixmor says it intends to trade as a REIT on the New York Stock Exchange under the symbol BRX.

In its registration statement Thursday, Brixmor says it owns and operates the largest wholly-owned portfolio of grocery-anchored community and neighborhood shopping centers in the US. The IPO portfolio is comprised of 522 shopping centers totaling approximately 87 million square feet of GLA, wth all but one of those centers 100% owned.

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