Retail Opportunity Investment Corporation, the NASDAQ-traded shopping center REIT, has purchased a three-property portfolio comprised of neighborhood shopping centers located in core Southern California markets. The assets, which total 370.5k sf, were sold by LA-based Decron Properties for approximately $108.5 mil ($293/sf)...
Bill Bauman, executive vice president, and Kyle Miller, corporate managing director, of Savills Studley represented the seller in the transaction. Retail Opportunity Investment Corporation Buys Three-Property, SoCal Retail Portfolio from Decron Properties
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