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ROIC Closes $186.2M in Shopping Center Acquisitions

Retail Opportunity Investments Corp. (NASDAQ: ROIC) has acquired three grocery-anchored shopping centers spread across the West Coast in separate transactions totaling $153.7 million in the past month. It currently has a binding contract to acquire a fourth grocery-anchored shopping center for an additional $32.5 million.

The company has committed $186.2 million to shopping center acquisitions during the third quarter 2013, bringing its year-to…

via Inland Empire Commercial Real Estate News From CoStar Group$1862M-in-Shopping-Center-Acquisitions/152930?ref=/News/Article/ROIC-Closes-$1862M-in-Shopping-Center-Acquisitions/152930&src=rss