REIT Sheds California Retail Portfolio as It Focuses on Other States

InvenTrust Properties exited the California retail market by selling five SoCal centers for $306M to Nuveen/TIAA. This highlights shifting institutional strategies and ongoing demand for well-leased retail. LA County NNN owners may benefit from renewed buyer appetite for stable, long-term income assets. Link to original source at end.

Read Full Article Here: https://www.costar.com/article/861204425/reit-sheds-california-retail-portfolio-as-it-focuses-on-other-states

Oron Maher

About the Author

Oron Maher

Founder & Broker-Director, Maher Commercial Realty

Oron Maher is the Founder and Broker-Director of Maher Commercial Realty, a Beverly Hills commercial real estate brokerage serving Greater Los Angeles and Southern California. A licensed California broker and attorney, he has completed more than $500 million in commercial transactions across multifamily, retail, office, industrial, and net lease, advising owners, investors, and institutions on acquisitions, dispositions, leasing, and investment strategy.

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