RVI Announces Sale of Midway Marketplace
On March 26, 2019, Retail Value Inc. (NYSE:RVI) closed on the sale of Midway Marketplace (St. Paul, MN) for $31.0 million.
- On March 26, 2019, Retail Value Inc. (NYSE:RVI) closed on the sale of Midway Marketplace (St. Paul, MN) for $31.0 million.
- Net proceeds were used to repay mortgage debt associated with RVI.
- Subsequent to the transaction, RVI owns interests in 23 properties located in the continental U.S. and 12 properties in Puerto Rico.
- RVI is an independent publicly traded company trading under the ticker symbol RVI on the New York Stock Exchange.