Wheeler Real Estate Investment Trust, Inc. Provides Update on Status of Retail Properties Post Hurricane Irma
September 12 2017 - 4:35PM
Wheeler Real Estate Investment Trust, Inc.
(NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated,
self-managed commercial real estate investment company focused on
acquiring and managing income-producing retail properties with a
primary focus on grocery-anchored centers, announced today that
preliminary reports indicate minimal damage to the Company’s retail
locations in Florida, Georgia, and South Carolina as a result of
Hurricane Irma. The Company has mobilized its facilities and
property management personnel and will provide additional updates
should there be a material change from what has been reported.
Jon S. Wheeler, Chairman and Chief Executive
Officer, stated, “We are focused on supporting the tenants and
patrons of our shopping centers impacted by Hurricane Irma. Our
main concern remains the safety of our associates, tenants and
customers, and we are prepared to offer support as localities begin
the recovery process.”
About Wheeler Real Estate Investment
Trust, Inc.Headquartered in Virginia Beach, VA, Wheeler
Real Estate Investment Trust, Inc. is a fully-integrated,
self-managed commercial real estate investment company focused on
acquiring and managing income-producing retail properties with a
primary focus on grocery-anchored centers. Wheeler’s portfolio
contains well-located, potentially dominant retail properties in
secondary and tertiary markets that generate attractive,
risk-adjusted returns, with a particular emphasis on
grocery-anchored retail centers.
Additional information about Wheeler Real Estate
Investment Trust, Inc. can be found at the Company’s corporate
website: www.whlr.us.
CONTACT:
Wheeler Real Estate Investment Trust,
Inc.
Wilkes
Graham
Chief Financial Officer(757) 627-9088 wilkes@whlr.us
Laura
Nguyen
Director of Investor Relations (757)
627-9088
laura@whlr.us
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