Retail Opportunity Investments Corp.
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Stuart A. Tanz
- Full Time Employees
- 71
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- 11250 El Camino Real San Diego CA United States of America 92130
- IPO Date
- Nov 3, 2009
- CIK
- 0001407623
- Website
- roireit.net
- Similar Companies
- Business
- Retail Opportunity Investments Corp. (ROIC) is a fully-integrated, self-managed real estate investment trust (REIT) that acquires, owns and manages grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast of the United States; its portfolio comprises 93 shopping centers encompassing approximately 10.5 million square feet of gross leasable area, with a tenant mix dominated by necessity-based retailers including supermarkets, drugstores, restaurants, banks, fitness centers and essential service providers; the company generates revenue primarily from base rents and expense reimbursements under long-term leases, maintaining high occupancy rates of around 96% and focusing on high-barrier-to-entry markets with strong demographics and traffic counts. ROIC, founded in 2007 and headquartered in San Diego, California, operates exclusively in the western United States and holds investment-grade debt ratings from Moody's, S&P Global Ratings and Fitch Ratings while ranking as the largest publicly-traded grocery-anchored shopping center REIT dedicated to this region. In a major strategic shift, Blackstone Real Estate completes the privatization of ROIC in February 2025 through an all-cash acquisition valued at approximately $4 billion including debt, with shares purchased at $17.50 each following the definitive agreement announced on November 6, 2024; this transaction results in ROIC's delisting from NASDAQ and integration into Blackstone's real estate portfolio, enhancing its access to resources for ongoing growth in necessity-based retail properties.
Alphabet (GOOG) Announces $80 Billion Capital Raise for AI Expansion
Accenture PLC Sees Complete Exit by MS Global Franchise Portfolio with a -2.15% Impact
With ROIC at 19-Year Highs, Is CCL Entering a New Profitability Cycle?
The Genesis Mission Has a 270-Day Timeline – And You’re Already Late
MS Global Franchise Portfolio's Strategic Moves: Synopsys Inc. Takes Center Stage
Retail's Comeback: 3 High-ROIC Stocks That Could Outshine AI
These 2 Tech Stocks With 50%+ ROIC Are Built to Beat the Market
Tenet Healthcare: Active Returns Analysis
Retail Opportunity Investments Corp. Stockholders Approve Acquisition by Blackstone Real Estate
WELL Provides Corporate Update on Financial Performance of Acquired Canadian Clinics and Confirms Favourable Positioning Amidst Escalation of Tariffs between the US and Canada
The State Of REITs: January 2025 Edition
RETAIL OPPORTUNITY INVESTMENTS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Retail Opportunity Investments Corp. - ROIC
Retail Opportunity Investments Corp. Announces Tax Reporting Information for 2024 Distributions
Carlisle Companies: Business Transformation Increasing Risks And Rewards For Shareholders
Top 3 REITs For 2025
ROIC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Retail Opportunity Investments Corp. Is Fair to Shareholders
Top 3 High-ROIC Stocks to Supercharge Your Wealth Compounding
12 REITs Poised For Potential Outperformance
3 Once-In-A-Decade REIT Buying Opportunities
Micron: More Memory Is Critical For AI