Retail Opportunity Investments Corp is a real estate investment trust that manages shopping centers mainly on the west coast of the United States. These centers are anchored by supermarkets and drugstores and serve as community and neighborhood shopping destinations. The company’s main focus is owning, managing, and redeveloping these retail properties.
The company is a qualified REIT for U.S. federal income tax purposes and has a diverse portfolio of necessity-based retail properties in densely populated, middle and upper-income markets in western regions of the United States. ROIC owns and operates 93 shopping centers that combined total of 10,560,000 square feet in size.
To further its business, ROIC focuses on developing strong relationships with tenants and suppliers in order to ensure that the company’s properties are able to provide quality service to their customers. The company also looks for opportunities to expand into new markets and increase its portfolio of retail real estate properties. Retail Opportunity Investments Corp takes an active approach to managing these properties in order to maximize their value for its shareholders.
The company is committed to being a leader in the retail real estate industry and delivering superior returns on invested capital. ROIC is constantly striving to enhance its portfolio’s performance by actively managing properties, cultivating relationships with tenants, leveraging technology, and expanding into new markets. The company aims to provide high-quality shopping centers that meet the needs of its tenants and customers alike. With a strong focus on sustainability, ROIC seeks to minimize its environmental impacts by reducing energy consumption and water usage in its properties.
Overall, Retail Opportunity Investments Corp is an established leader in the retail real estate industry which focuses on providing quality services, cultivating relationships, and managing its properties to deliver superior returns for its shareholders. The company is committed to delivering exceptional customer service and maintaining a sustainable environment for future generations.