Sep
20
InvenTrust Acquires $115M LA Shopping Center
ByThe 275,000-square-foot River Oaks shopping plaza features tenants such as Target, buybuyBaby, Total Women Gym & Spa, Big 5 Sporting Goods, Sprouts, ULTA and Pier 1 Imports.
In a $115 million deal, InvenTrust Properties Corp. acquired River Oaks, a grocery-anchored center in Los Angeles.
“We are excited to acquire this institutional-quality retail destination positioned at the epicenter of the Valencia retail hub,”said Michael Podboy, executive vice president, chief financial officer & chief investment officer of InvenTrust, in prepared remarks.
PREMIER RETAIL ASSET
The 275,000-square-foot shopping plaza features tenants such as Target, buybuyBaby, Total Women Gym & Spa, Big 5 Sporting Goods, Sprouts, ULTA and Pier 1 Imports…
