Retail Value Inc. Announces Sale of Green Ridge Square
December 06 2021 - 5:20PM
Business Wire
On December 6, 2021, Retail Value Inc. (NYSE: RVI) closed on the
sale of Green Ridge Square (Grand Rapids, Michigan) for $23.3
million in cash prior to closing costs, prorations and other
closing adjustments. Net proceeds received at closing were
approximately $22.3 million.
Subsequent to the transaction, RVI owns interests in two
properties located in the continental U.S.
About RVI
RVI is an independent publicly traded company trading under the
ticker symbol “RVI” on the New York Stock Exchange. RVI holds two
assets in the continental U.S. 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/20211206005835/en/
Christa Vesy, EVP and Chief Financial Officer 216-755-5500
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