Retail Opportunity Investments acquires $114M grocery anchored portfolio Retail Opportunity Investments announced, in an off-market transaction, it has closed on three shopping centers and has a binding contract to acquire a fourth shopping center. The four properties together comprise a portfolio transaction totaling $114M, encompassing approximately 444,000 square feet of gross leaseable area. The portfolio was previously owned and operated by a Southern California family. The acquisitions are being funded with borrowings under ROIC's unsecured credit facility.
News For ROIC From The Last 14 Days
Check below for free stories on ROIC the last two weeks.