Philly Native and St. Joe’s Prep Graduate Leads City’s Largest Outdoor Shopping Center Operator
Brian Finnegan has recently ascended to the role of CEO at Brixmor Property Group, a position he previously held on an interim basis. Finnegan’s deep connections to Philadelphia, where he was born and raised, add a personal dimension to his leadership. Growing up in Southwest Philly and Roxborough, he graduated from St. Joseph’s Preparatory School and has maintained a strong affinity for the city, further evidenced by his consistent attendance at Philadelphia Eagles games, even as he travels frequently for business.
At 45 years old, Finnegan attributes much of his work ethic to his family. His mother, Geraldine, has dedicated nearly 50 years to the legal services company MCS Group, instilling in him the values of diligence and commitment. His late father, Thomas, served for 30 years managing city parks, further grounding Finnegan in the tradition of public service. His diverse early employment experiences, including working at a local pizza establishment, have also shaped his professional character.
Under Finnegan’s leadership, Brixmor has made significant strides in the retail real estate sector, particularly in the Philadelphia area. He discussed the company’s ongoing dedication to revitalizing over 20 shopping centers in the region, including notable sites such as Roosevelt Mall, Pilgrim Gardens, and the Village at Newtown. Over the past nine years, Brixmor has committed around 0 million to enhance its Philadelphia portfolio, establishing itself as a significant player in the market for open-air shopping centers.
Brixmor’s current trajectory appears favorable, with Finnegan reporting the highest rent signings and occupancy levels the company has experienced. He emphasizes the increasing consumer demand for more diverse and high-quality services in suburban shopping environments, leading to improved merchandising strategies that enhance customer experience.
As e-commerce continues to challenge traditional brick-and-mortar retail, Finnegan expresses optimism about the future of shopping centers. He notes a considerable shift in consumer behavior post-pandemic, with increased foot traffic across Brixmor properties. He underscores the importance of creating attractive shopping environments where complementary tenants can drive traffic to each other.
Looking forward, Finnegan is eager to explore new opportunities to expand Brixmor’s footprint in Philadelphia, fostering connections with retailers that resonate within the community. He believes that establishing relevance with local institutions enhances Brixmor’s role as a community landlord, further solidifying the company’s presence in the region.
Overall, Finnegan’s blend of local roots, extensive experience, and forward-thinking vision positions Brixmor to navigate the evolving landscape of retail real estate successfully.
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