Retail Value Inc. Announces Sale of Plaza Vega Baja
April 14 2021 - 4:05PM
Business Wire
On April 14, 2021, Retail Value Inc. (NYSE: RVI) closed on the
sale of Plaza Vega Baja (Baja, PR) for $4.5 million prior to
closing costs, prorations and other closing adjustments. Net
proceeds were used to repay mortgage debt associated with RVI.
Subsequent to the transaction, RVI owns interests in 9
properties located in the continental U.S. and 10 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 SITE Centers 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210414005866/en/
Christa Vesy, EVP and Chief Financial Officer 216-755-5500
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