{"id":474410,"date":"2021-04-09T16:27:12","date_gmt":"2021-04-09T20:27:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474410"},"modified":"2021-04-09T16:27:12","modified_gmt":"2021-04-09T20:27:12","slug":"retail-value-inc-announces-sale-of-marketplace-of-brown-deer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/retail-value-inc-announces-sale-of-marketplace-of-brown-deer\/","title":{"rendered":"Retail Value Inc. Announces Sale of Marketplace of Brown Deer"},"content":{"rendered":"

<\/p>\n

Retail Value Inc. Announces Sale of Marketplace of Brown Deer<\/b><\/p>\n

BEACHWOOD, Ohio–(BUSINESS WIRE<\/a>)–
\nOn April 9, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Marketplace of Brown Deer (Brown Deer, WI) for $10.3 million prior to closing costs, prorations and other closing adjustments. Net proceeds were used to repay mortgage debt associated with RVI.\n<\/p>\n

\nSubsequent to the transaction, RVI owns interests in 10 properties located in the continental U.S. and 11 properties in Puerto Rico.\n<\/p>\n

About RVI <\/b><\/p>\n

\nRVI is an independent publicly traded company trading under the ticker symbol \u201cRVI\u201d 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<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210409005456\/en\/<\/a><\/span><\/p>\n

\nChrista Vesy, EVP and Chief Financial Office
\n
216-755-5500\n<\/p>\n

KEYWORDS:<\/b> United States North America Wisconsin Ohio<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property Other Retail Finance Professional Services REIT Retail Department Stores<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Retail Value Inc. Announces Sale of Marketplace of Brown Deer BEACHWOOD, Ohio–(BUSINESS WIRE)– On April 9, 2021, Retail Value Inc. (NYSE: RVI) closed on the sale of Marketplace of Brown Deer (Brown Deer, WI) for $10.3 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 10 properties located in the continental U.S. and 11 properties in Puerto Rico. About RVI RVI is an independent publicly traded company trading under the ticker symbol \u201cRVI\u201d 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 … <\/p>\n

Continue reading “Retail Value Inc. Announces Sale of Marketplace of Brown Deer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-474410","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRetail Value Inc. Announces Sale of Marketplace of Brown Deer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/retail-value-inc-announces-sale-of-marketplace-of-brown-deer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Retail Value Inc. 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