Season 6, Episode 4:
Season 6 of the No Cap Podcast continues with a deep dive into one of the most misunderstood sectors in commercial real estate. Jack and Alex sit down with Brian Finnegan, CEO of Brixmor Property Group, to unpack how grocery-anchored retail quietly became one of the most resilient asset classes in the market.

From tenant mix and small shop economics to redevelopment-driven growth, Brian breaks down what actually drives performance in today’s retail environment. He also explains how Brixmor has scaled its portfolio of open-air centers by focusing on necessity-based demand and adapting to shifting consumer behavior.

They also get into the reality behind e-commerce, why new retail supply has nearly disappeared, and how omnichannel strategies are reshaping leasing, operations, and long-term value creation across the sector.

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TOPICS
00:00 – Introduction to Brian Finnegan and Brixmor Property Group
02:30 – Career Origins: From Litigation Support to Sales Skills
09:09 – Massive Growth and Strategic Shifts (2004–2006)
14:13 – Partnership with Anchor Tenants and Redevelopment Strategies
15:35 – The Economics of Small Shops vs. Anchor Tenants
17:13 – The "Genetics" and Formula of a Modern Retail Center
18:48 – Health, Wellness, and Fitness Trends in Retail
19:07 – The Growth of "Medtail" and Service-Based Tenants
42:51 – The Future of Shopping Centers and Community Impact
49:00 – Leadership, Culture, and Opening New Markets

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About No Cap Podcast

Commercial real estate is a $20 trillion industry and a force that shapes America’s economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry’s biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate.

About CRE Daily

CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.