RVI Announces Sale of Grandville Marketplace
August 13 2018 - 4:15PM
Business Wire
On August 13, 2018, Retail Value Inc. (NYSE:RVI) closed on the
sale of Grandville Marketplace (Grandville, MI) for $16.7 million.
Net proceeds were used to repay mortgage debt associated with
RVI.
Subsequent to the transaction, RVI owns interests in 32
properties located in the continental U.S. and 12 properties in
Puerto Rico.
About RVI
RVI is an independent publicly traded company trading under the
ticker symbol “RVI” on the New York Stock Exchange. RVI holds
assets in the continental U.S. and Puerto Rico and is managed by
one or more subsidiaries of DDR Corp. RVI focuses on realizing
value in its business through operations and sales of its assets.
Additional information about RVI is available at
www.retailvalueinc.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180813005535/en/
Retail Value Inc.Matthew Ostrower, 216-755-5500EVP and Chief
Financial Officer
Retail Value (NYSE:RVI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Retail Value (NYSE:RVI)
Historical Stock Chart
From Apr 2023 to Apr 2024